How much do you think the President’s recent comments have hurt bitcoin prices?

[John_lord]

Donald trump only loves to be part of the news, and cameras, he loves this thing that his dump face appears on google every time, every second. and I am sure no one cares his dump statements regarding bitcoin or another crypto, I believe crypto is the future.

[eternalgloom]

I don't think the market reacts that much on such comments from public figures, even if it's Trump.
That said, if those comments contain some indication towards future regulatory aspects, then I would suspect the market reacting negatively.

Public figures say stuff for and against Bitcoin all the time, happens way too frequently to have any effect IMO.
I could be wrong though.

[Slow death]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

it is his opinion, people should not panic because of this, if they enter panic because of this, it shows that they should not be in that market. If somebody goes the fight must be prepared for everything that happens. What becomes ridiculous in the crypto world is to see people today saying: "bitcoin is strong, will bring freedom, I believe in bitcoin" and when they read some twitter donald trump do these people panic? this is disgraceful

Bitcoin is currently hovering just over $10000.

it's a normal fall

[Vishnu.Reang]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

Why we need to take his statement in a negative way? In my opinion, any sort of publicity is good for an emerging currency such as Bitcoin. And in this incident, the president of the United States has acknowledged the existence of Bitcoin. Can we ask for anything better? I don't know how much impact can his statement have on the prices. But we just got a huge amount of free advertising.

[Artemis3]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

Heh, well I'm not a fan of Trump either

You know what, this is actually good. Can you imagine what would have happened if Trump said he loved Bitcoin? He is old and rich, old and rich people tend to think alike. Don't look at the past, look at the future. Look at Elon Musk not Buffet or Trump...

[eaLiTy]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.
Bitcoin is currently hovering just over $10000.

These sort of correction are temporary and the price was rallying for a long time and this is not a big obstacle and remember the price of bitcoin rallied 200% this year alone and $10k is not a small amount and i never expected the market to recover and rally like this in the first place and so the price right now is high for everyone to purchase an entire bitcoin. The market will rally again and with halving coming up and since i am a bitcoin enthusiast there is no doubt that the price of bitcoin will break the all time high valuation in the coming year .

[Johnzky]

When he tweeted it, there was no effect on price whatsoever. There are probably other reasons for current dump, and not that tweet.

Ofcourse it won’t effect immediately because that is domino effect.

The impact took days before we finally feel in our folio.but Bitcoin is struggling now to come back to $11,000 now so I think the Hurt that you are asking is just temporary and will be gone soon

[rosezionjohn]

There are some people saying that investors from financial institutions already entered the cryptocurrency market. When Trump tweeted, maybe they saw it as a warning and sold their bitcoins. It's a possible scenario.

[SuperTA]

Not much damage i think. It's even good for a longterm!

Check out this funny twitter responses to Donald Trump's tweets about bitcoin.

https://bitcointalk.org/index.php?topic=5164811.msg51836026#msg51836026

[Ibizugbe1]

People ordinarily don't care what the president says, but traders will respond by selling and coming back to buy the dip. We all know the president is a billionaire and cares more about the dollar though which is part of his responsibility.

[Pipdips]

I think President Trump's comments have brought Bitcoin into the minds of a much larger audience. Since he is the most popular Tweeter in the world whatever he Tweets reaches a whole lot of people. He only tweeted a few things too yet it is significant. At the same time, he takes a very old school slant on all of this new technology. Before we even know it, everything we ever knew will be tied to this new technology. This technology is way bigger than Trump. He should adapt a better stance about Bitcoin, for the people of the United States and for everyone and everything all around the world.

[astadbtc]

2,000 USD price drop. Nothing much. Tether still has 300million to pump overtime without having to print more.

[gentlemand]

The effect is neutral to zilch. Did anyone expect them to say anything else? The message all along has been very consistent and the latest White House press conference has been more of the same - it's risky, let's keep up the regulatory stuff, don't be naughty.

[Xardasim]

I do not think the price drop was due to Trump's tweet. Maybe if somebody was late. But, the possibility is very low.

The price has come close to 10k before that and it is not guaranteed that it will not happen in the future. In this regard the greed of whales is more likely.

We can call this "the usual crypto volatility".

[Artemis3]

I think President Trump's comments have brought Bitcoin into the minds of a much larger audience. Since he is the most popular Tweeter in the world whatever he Tweets reaches a whole lot of people. He only tweeted a few things too yet it is significant. At the same time, he takes a very old school slant on all of this new technology. Before we even know it, everything we ever knew will be tied to this new technology. This technology is way bigger than Trump. He should adapt a better stance about Bitcoin, for the people of the United States and for everyone and everything all around the world.

In that case it would create a Streisand effect, perhaps he is a secret supporter and that was his plan all along (or he wanted to buy some bitcoin cheap).

[boogles]

I think Trump's tweets mean little in regards to the price of Bitcoin. BTC has risen significantly over the last few months, and it's only natural for the price to correct a little. As to him saying that the USD is doing well, and that it's better than ever (I'm paraphrasing)....we all know that is a literal crock of s***, when in reality, many countries are pulling away from the Petro Dollar. The inflationary aspect of the USD is appalling. I say this as a US citizen.

[SuperTA]

No one is talking about today's big news? USA adopting crypto?

https://bitcointalk.org/index.php?topic=5165556.0

[maxreish]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

Just a fud. I do not think it is the main reason for sudden dump of bitcoin's price. There is another reason behind it. Maybe the huge sell off of a particular bitcoin whale. But for me , this is just a natural reaction of the market. The recovery and the correction stage before another bitcoin's huge spike will happen. And not with the negative statement of the President Trump. It's nothing to do about it.

[Chikito]

Donald trump only loves to be part of the news, and cameras, he loves this thing that his dump face appears on google every time, every second. and I am sure no one cares his dump statements regarding bitcoin or another crypto, I believe crypto is the future.

are you mean he prepare to elections on 2020?
when he make use of Bitcoin for his elections and to make popular him self, he should make positive statement about bitcoin, then public will be know who has good criteria to next 2020 also have about future and knowledge.

[Fundamentals Of]

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

And do you think that hovering of Bitcoin over $10,000 is an effect of the announcement of the clueless Trump? It was not. It was simply a little retracement. And look at Bitcoin now, just a couple of days from that statement. We are now climbing back to $11,000. Fresh from that statement, we could get $12,000 very shortly. 

Your question should not have started with "how much". Or it is enough to strike it through. Or better yet replace it with "Do we care..."