Trump's statement against cryptocurrency

[cryp24x]

No offense but Trump statement is not that credible nowadays. He might change his mind like what his other statements against anything. When he realized that he is wrong, he will make a way to contradict his first statement so that he will look good and great.

[Sellman]

No offense but Trump statement is not that credible nowadays. He might change his mind like what his other statements against anything. When he realized that he is wrong, he will make a way to contradict his first statement so that he will look good and great.

He is a highly fluctuative man, his opinion changes so fast. However, what Trump said is not new at all. We all know how the USA government have tried to control crypto currencies (exchanges, ICOs, IEOS, and so on) in their nation. What Trump said is just boring repeat on what the USA governements have implemented for so long. He did not say anything new, and there is no breaking news from his statements.

[btc_angela]

No offense but Trump statement is not that credible nowadays. He might change his mind like what his other statements against anything. When he realized that he is wrong, he will make a way to contradict his first statement so that he will look good and great.

He is a highly fluctuative man, his opinion changes so fast. However, what Trump said is not new at all. We all know how the USA government have tried to control crypto currencies (exchanges, ICOs, IEOS, and so on) in their nation. What Trump said is just boring repeat on what the USA governements have implemented for so long. He did not say anything new, and there is no breaking news from his statements.

I agree that's why we better not take it seriously, on the contrary others is sure that his statement is very positive for crypto market for whatever reasons. And even his pro bitcoin supporters are now confused, lol. Trump doesn't look stupid tho, he is such a dumb loose cannon.

[Sellman]

I agree that's why we better not take it seriously, on the contrary others is sure that his statement is very positive for crypto market for whatever reasons. And even his pro bitcoin supporters are now confused, lol. Trump doesn't look stupid tho, he is such a dumb loose cannon.

Based on what Trump have done so far in his career, his ultimate goal is financial benefits. Sure, he or his relatives have likely invested or might invest in crypto. There is an assumption that Trump tried to manipulate Bitcoin and crypto due to his lovely daughter, Ivanka. https://www.ccn.com/news/why-ivanka-is-the-ticket-to-influencing-trump-on-bitcoin/2019/07/12/

[FanEagle]

How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

Honestly, I doubt anyone cares about Trump at all. He talks about whatever he wants the way he wants and that is not just crypto currency neither, even stock market is not caring about what he does and that is why it doesn't go too low nor too high because they know he might do something crazy that would drop the prices of all stocks or do something weird and increase the stock market prices.

Only the republican Americans and only some part of it as well cares about trump, all the other Americans and rest of the world sees him as someone not to be taken seriously and doesn't even feel like he is the president at all, he is just a puppet for some people around him and does whatever he is told. So couple of tweets about crypto by him means absolutely nothing to us at all.

[bitcoindusts]

I haven’t read his tweet but I’ve read in a similar thread in different board that he said he dislikes bitcoin or cryptocurrency, well it doesn’t make big sense if one doesn’t like crypto. A lot of people do not like bitcoin but it didn’t stop bitcoin from going forward and becoming even more stronger. Just because he is a president of a powerful country doesn’t mean he can already influence people’s decision on a certain matter.

[Ken_terrance]

I read the news online ,trump won't like bitcoin and other altcoins but even if this will change later on government will only like to support centralized cryptocurrencies only ,I heard this news is good for bitcoin all around

[aioc]

How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

Relax he is not the president for life of United States and it's expected for Trump to say like that because he owns a lot of business some of which are not compatible with Cryptocurrency, I believe we have a coin way back 2017 that was named Trumpcoin anyway what he says should be ignored.

[shoreno]

Relax he is not the president for life of United States

yes he isnt and he is not also the president of other countries . he only holds the us but he dont hold the other countries and majority of the countries are still supporting cryptos so there is no need to worry about this news  .

I believe we have a coin way back 2017 that was named Trumpcoin anyway what he says should be ignored.

so whats the connection of that trumpcoin to this issue today ? i believe its only a name that is similar to trump but trump dont know about it because he didnt own it  . he is a president and i dont think that he will be interested on making his own coin because he is already rich and his already busy with his life .

[Little Mouse]

His statement is baseless, he said crypto is being used as the payment method of drug dealing. So, how about the ship seized of JP Morgan which had $1.3 billion worth of drug? Both cryptocurrency and the traditional currency can be used for each and every exchange. But, at the end, cryptocurrency has better option than traditional currency.

[EmmaBen]

This simply shows the relevance and threat the blockchain technology and most especially bitcoin is putting across to most economies still clinging to the old monetary system. Bitcoin and blockchain has come to stay and there is no changing this fact. Trump comments are only going to bring recognition to the industry and further grow the technology. His comments are at best, advertising for the industry.

[odukoyaewatomi27]

The truth is we should be happy. The fact that the sitting United States president made a statement about cryptocurrency shows that we are getting there. It shows that they can see the potential of the market and they are threatened about it but they can't stop it.

[crenfrosck]

I hope it will have none. Actually, I think Trump is getting scared a bit. He saw that "standard" fiat currencies have their flaws and some people noticed that. The system can stay sustainable for as long as a majority of people believe in it. The house of cards can fall down pretty quickly with a many people involved in its demolition, so they can not risk an end of the world controlled by them. Oh boy, this fight will be tougher and tougher. Politicians will not stand for us. It is in our hands to do so.

[nemey]

It may give a little bit of influence from this bad or negative news. However, I think that these negative issues will not give big infleunce because we know that many people in the world trust crypto not only because of the well-known people in the world.d BUt because of the value and chance of cryptocurrency for the future.

[jazmuzika217]

I think this will have a huge negative impact from crypto and bitcoin industry. All we know that USA is the most powerful country in the world. So if we think there is a big possibility that bitcoin and other crypto will killed because of US President statement about crypto. Many countries are depending on US so they are following on it's step. So time comes that this will be a big problem to all crypto users and investors.

[mirakal]

The remark will make the market even better, there might be some downtrend afterwards but look at where we are now, we are still holding strong in $11K range and I think from here we will rise. Lot's of criticism from big personality in the world but crypto is still here staying healthy and alive and I think no one could stop crypto and the government's only option left is just to regulate it.

[Saisher]

How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

He will just lose votes coming from Cryptocurrency investors and believers, Trump will soon lose his presidency they just come and go soon we will have a US president that is lenient to Cryptocurrency I guess Trump does not have an idea how many Americans are into Bitcoin.

[MrPiggles]

How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 

He will just lose votes coming from Cryptocurrency investors and believers, Trump will soon lose his presidency they just come and go soon we will have a US president that is lenient to Cryptocurrency I guess Trump does not have an idea how many Americans are into Bitcoin.

I think this is just a private opinion of Trump and it does not affect the upcoming election of the president much. In my opinion, not accepting crypto will have a huge impact on the community of this country because America can be considered as the most crypto-using country in the world and large organizations consider it the only means of payment because it makes them anonymous

[gabbie2010]

I read the news online ,trump won't like bitcoin and other altcoins but even if this will change later on government will only like to support centralized cryptocurrencies only ,I heard this news is good for bitcoin all around

I wouldn't blame Donald Trump for this statement credited to him, he is the president of the powerful country in the world he will have to protect the world dominant currency US dollar, he knows that Decentralized cryptocurrencies is a major threat to a centralized fiat currencies, Facebook Libra is also coming up, Bitcoin has come to stay however this statement in one way or the other is making bitcoin and Libra to be more popular and election is coming this are sensitive issues that have to be dealt with once for all.

[bonyaserg]

Personally, I think that cryptocurrency is currently waiting for convenient conditions for a good takeoff. And there is a kind of panic in the market after the statement of the American president. And I think that all this panic will end soon. Since all this panic is done to derail the crypt and make good money on it.