Trump is tweeting about Bitcoin O.O thoughts?

[btc_angela]

whatever his stance towards bitcoin , seems like he is sceptical about it ( no wonder )
he is doing a great service to bitcoin by putting it on the map in his tweets for those who never heard about it
its advertisement on a presidential level and its effects can't be underestimated
won't be surprised if the price grows because of it as well

And the price seems to growing, last time I check it is inching closer to $12k so yes, that tweet coming from Trump help the market bounce back good after a retracement. This is still borderline case though, I think the President doesn't have the understanding of what crypto is, specially bitcoin. But thanks for him anyways for the promotion and advertisement and I think not even the President can really affect the way crypto person thinks about bitcoin in general.

[omone1]

This will make the bitcoin more popular and a lot of people will want to experiment with it and when they see that it's better than keeping their money in the bank, they will eventually short the USD and long the bitcoin. Maybe Preident  Donald Trump is secret supporter of the bitcoin but need to act as the President.

[fantasticbaby2605]

Some interesting things I've seen.

• Trump has a group of supporters for BTC and crypto, he also appoints many of them to the SEC, FED, ...
  
• Trump just went to the US Women's WC finals with BAKKT CEO
• Trump's friend is a senior employee of ripple
• And you can see Trump and Powell talking about BTC.

And think about how these things will affect the cryptocurrency market. The world's most powerful people are interested in cryptocurrency. 

[SuperTA]

Trump tweets about bitcoin  
Here are some of the best twitter responses

https://bitcointalk.org/index.php?topic=5164811.0

[The Cryptovator]

I have seen what said trump about bitcoin and other crypto-currency. And noticed that it doesn't effect on bitcoin prices. It means we will not face any trouble for trump opinions. Bitcoin already popular by its community and day by day community is expanding. So it's not very easy to move from crypto-currency whoever already involved with it. Bitcoin isn't depending trump and it will not. So I am not worry about his opinion and I believe bitcoin community will not worry.

[spacehopper]

Don't  care about what he says.he just manipulating market.He is a business man.Who knows and dealing with crypto.I sow some where he had a group for that.Hope you remember his tv show "The Apprentice".You can see  how he works.A businessman like him always goes after profits.You can see that in past few years of behavior.Think again before follow him.

[Lauren Smith]

IF that is a real account... WTF is wrong with America? I mean really. How did this racist clown get into power anyway? He acts like a child wtf is going on with the world? Noone even listens to anything America says.
Even Americans know America is a shithole.

Is this really his account? This is the guy that "leads your county" wow.... just wow....

[Moiyah]

Tweeting Bitcoin by highest rank person like US President Trump is like contributing to increase the popularity of bitcoin itself. Though his tweet says he is not a fan of bitcoin but considering that he tweeted about bitcoin means he is interested about it. Yes, another fud to react with and can also affect the price of btc a bit. But if bitcoin will gonna prove that it may reach $20k-$100k then even Trump will gonna change his mind. Lol

[Bttzed03]

Trump as President will understandably defend the United States Dollar.

Trump as an opportunistic businessman may say otherwise.

We'll see in a year (if he loses the next election) or 5 years what he will say about bitcoin.

[nicecrypto]

Trump don't hate btc but just putting up a front, if i where to be the us president and i claim to hate btc, i won't tweet about it and give all the btc community the pleasure of having free publicity i would rather ignore, but since Trump is a social media guru that likes to tweet just about anything i guess not surprising, but too bad this is rather bringing more awareness to btc
Trump just made btc great Again

[longtkhd]

I think this move will make the price of bitcoin in particular as well as digital money in general affected in the downward direction, in fact that is happening .

[Aldrinx00]

Trumps want to lower the price of bitcoin because he's too late getting it at $3k, he is fudding to accumulate large quantity of bitcoin. Well Libra is a threat to USD, i don't Libra will be able to launch if they stay on USA they must relocate to a positive crypto enthusiasts country like Malta.

[Kakmakr]

The conspiracy theory is as follows, Facebook <Data surveillance tool for the US government> was told to announce that they would be releasing a Crypto currency of their own, called Libra. This was all "smoke and mirrors" because the government could then make a huge deal out of this and then use this as a big issue to regulate Crypto currencies. <The G20 was the trigger event for this> 

So you need a trigger to jump start the process and "Libra" was the trigger for Trump's statements on Twitter.    <The script was written, way before Libra was announced.> 

[Herbert2020]

despite what some people think and some of them even want to make this into an FUD so that they can buy bitcoin at a lower price, i think this is a very bullish signal if you really think about the implications that this had.
this tweet shows that bitcoin has become big enough to even be mentioned by US president and mainly show their fear of it since they can not control it as they are controlling fiat transactions. in other words bitcoin has been successful in its mission.

[iv4n]

despite what some people think and some of them even want to make this into an FUD so that they can buy bitcoin at a lower price, i think this is a very bullish signal if you really think about the implications that this had.
this tweet shows that bitcoin has become big enough to even be mentioned by US president and mainly show their fear of it since they can not control it as they are controlling fiat transactions. in other words bitcoin has been successful in its mission.

So true, this only benefits bitcoin, to be mentioned by high profile persons, and every news to report about that event. It`s a good marketing, more people will know about bitcoin after this, and more theymention bitcoin, more people will know about it. This is a bullish signal for some people that can recognize that, for people who can read between the lines. For start this is a good thing, let them talk about it, good or bad doesn`t matter, as long as they spell it correct.

[Mr Zet]

No one is taking him for serious, besides his most fanatical believers. And for sure, no one from crypto industry. Trump is known from his hate on many things, so it's not surprising that bitcoin is his new target.

[blue_nexus15]

The cash flows into the crypto market according to a certain definition. I remember not long ago, he also spoke about bitcoin and the forces that want to manipulate and reduce the value of the US dollar consistently. Perhaps, He knew it was meaningless, because American citizens were pretty much separated from cryptocurrency. That may be the intention he wants to aim with an open door.

[paolo099]

Trump twitter is kinda funny to read, every day there's something he hate or trust.
Now with this new Libra crypto he has to say something about that (like this new coin must be regulated by banking laws) and of course he cannot ignore Bitcoin.

[EdenHazard]

despite what some people think and some of them even want to make this into an FUD so that they can buy bitcoin at a lower price, i think this is a very bullish signal if you really think about the implications that this had.
this tweet shows that bitcoin has become big enough to even be mentioned by US president and mainly show their fear of it since they can not control it as they are controlling fiat transactions. in other words bitcoin has been successful in its mission.

I guess many people out there who which caught wrong in addressed Trump's comments about bitcoin. The price of bitcoin has been decreasing until know just because Trump told that he is not a fan of bitcoin. Whereas when he said the topic of the conversation was Libra coin, he was confused with facebook made it own cryptocurrency and tried to make a bank for their user.

However, this is has been happened, the cryptocurrencies's user has been known the character of its price. They only see the negative thing what someone has said, without looking at the good side of the effect. But yeah, Bitcoin has known by many people on this world at least it will attract the common people who didn't know bitcoin before to understood it and find more about it.

[Digital_Seung]

Trump just tweeted about Bitcoin and his dislike of it. I think it's clear it wasn't him who typed it up, but what do you guys think? Crypto Twitter unite??

Tweet text:
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity. .Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

https://twitter.com/realDonaldTrump/status/1149472282584072192
https://twitter.com/realDonaldTrump/status/1149472284702208000
https://twitter.com/realDonaldTrump/status/1149472285905940480

In principle, nothing surprising, he never loved cryptocurrency, and most likely did not understand So let him write what he wants, people's opinions will not change