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Author Topic: Trump's statement against cryptocurrency  (Read 1598 times)
anggaem
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July 14, 2019, 01:38:26 PM
 #61

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? 
I guess trumps have made crypto even more popular, the more it is discussed, the more people will know and there will also be many new investors who want to try to buy it, not every US trade will come out from crypto I think maybe more US people will find out and learn about bitcoin.

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July 14, 2019, 02:09:56 PM
 #62

This is a matter of world trade competition, I don't think it will have any effect on cryptocurrency, the crypto market has now dominated the global market, and the influence of Trump's words is minimal. because cryptocurrency with an anonymous nature can stand alone without having to have the USA.

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July 14, 2019, 03:51:48 PM
 #63

I think the never ending stream of exchange hacks and theft of coin is doing far more to kill momentum than anything Commandant Bonespurs has to say.
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July 14, 2019, 04:09:04 PM
 #64

if only a trump that says it doesn't like crypto is not too influential but if the trump makes a special rule for citizens to ban crypto it will have a huge effect

MbakNarti
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July 14, 2019, 08:07:07 PM
 #65

Is this news causing the price of bitcoin to decline in the past few days? I hope the Trump statement does not have an impact on current cryptocurrency prices. I am sad to hear and read the latest news this time. Sad
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July 14, 2019, 09:06:49 PM
 #66

News now play little role in the pricing of coins. Now it is not clear what the market reacts to. So far, it's all talk and nothing more.
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July 14, 2019, 09:11:17 PM
 #67

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? 
Is there any announcement by Trump? or NO?
Anyway, it doesn't matter to me. Because l know what does not happen in this industry and l can't deny the fact, l have read some news about it. He has made very clever business contracts but cryptocurrency is not in his special interest. l don't know we must worry about it or not. BTC is a decentralized monetary, therefore no one can destroy it. l wouldn't like to sound absolutely ridiculous but l have to point out that we don't know how the Government of the US weighs cryptocurrency.

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Adelek15
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July 14, 2019, 09:50:33 PM
 #68

Nothing can stop evolution, so weather the USA president tweets of comment agains crypto evolution will happen, crypto is the way forward and everyone wants to be a part of it
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July 14, 2019, 09:51:27 PM
 #69

I am not surprised that Trump had to say that. A lot of people have also made their opinions kniwn?. Trump has his own business and he might feel that it will affect his business.
No one can drag cryptoccurrence dow the drain. No one can take away from it, most especially from where it placed for now.
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July 14, 2019, 10:09:22 PM
 #70

Donald trump isn't against cryptocurrency, he just made a comment. Some people just take it so hardly and think he is against crypto.

Maybe, most viewers got the wrong context of what he said. Maybe, he is saying that for the benefit of those who will listen and watch him. And the bad thing is, he is viewed by people around the globe. I don't think he is totally against crypto. We don't know his inner perception on cryptocurrencies.
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July 14, 2019, 10:12:58 PM
 #71

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? 
Cryptocurrency has been through this all the time. From JP Morgan who spoke against bitcoin but still btc is still alive and doing well.
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July 14, 2019, 11:11:10 PM
 #72

The market plunged few days after Trump's statement about bitcoin.
Whales are giving him a good entry so I think there will be a boost after few more days.


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July 14, 2019, 11:24:23 PM
 #73

I don't think Trump is against in cryptocurrency. I also read his statement which is he just don't want to use bitcoin and cryptocurrency but it was not stated that he is against on it. People sometimes are very exaggerated and over reacted for every statement of thise with high power person.

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July 15, 2019, 02:42:27 AM
 #74

Do not think that presidents, politicians and bank representatives will ever love cryptocurrencies. Cryptocurrencies is an alternative for traditional banking system and state as we know it - idea of crypto anarchy.
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July 15, 2019, 02:58:21 AM
 #75

I do not think that Trump is a person that knows a lot about cryptocurrencies, so nobody cares about his opinion.
Follow people that know something about cryptocurrencies: A. Pompliano.  Smiley

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July 15, 2019, 04:23:03 AM
 #76

such statements will not affect the crypto world if there is no concrete action.
Keep in mind there are a lot of people who oppose Bitcoin, but until now Bitcoin continues to move so don't let you be affected by this kind of thing.

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July 15, 2019, 04:34:14 AM
 #77

such statements will not affect the crypto world if there is no concrete action.
Keep in mind there are a lot of people who oppose Bitcoin, but until now Bitcoin continues to move so don't let you be affected by this kind of thing.
but the effect might be as bad as it is now. do not know the effect of what the president said or from others. but the moment was almost the same, it was very surprising.

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July 15, 2019, 08:39:25 AM
 #78

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? 

I read his tweets on Twitter, he tweeted up to 3 times, about crypto and Libra. But it still doesn't affect the market much more than a small dump of BTC. It is similar to what China has done with crypto, they completely block ICOs and exchange in their countries. But eventually BTC increased to $ 20k
That's only his opinion which based on traditional way of monetary system, if his statement really  have a negative impact on bitcoin price then it should not have  bullish scenario, that's also the effects of being a decentralized even influential people could not  pinned down crypto currency.

It is not his own statement. But he is the president of the United States, it represents the entire US government system. If you read it, he said that if Facebook wants to set up a bank. They must seek a new Banking Charter

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July 15, 2019, 08:44:15 AM
 #79

I assure this project is going to be huge....... The tools behind it's mechanism are so powerful  to drive it to its full potential.... #SPARTATOKEN
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July 15, 2019, 08:45:35 AM
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I assure this project is going to be huge....... The tools behind it's mechanism are so powerful  to drive it to its full potential.... #SPARTATOKEN
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