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Author Topic: What do you think about the price of Bitcoin if Donald Trump can ban Bitcoin ?  (Read 1026 times)
Arkham Knight
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July 24, 2019, 11:50:18 AM
 #61

People on the comments saying trump cannot ban bitcoin but did not think about getting jailed if they continue owning and trading bitcoin once their president impose it. Trump just saying that he isn't a fan of btc has already made btc decline so think what damage it can deal to the price when he lose his head and bans it. US is very powerful and they can lead the worldwide ban of btc if possible.
7788bitcoin
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July 24, 2019, 12:12:08 PM
 #62

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin
so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.
No one cares whether Trump is a fan of bitcoin or not but the fact is that if he had the power to ban bitcoin he would have done that already and that is not the situation and the only thing they might do is to drive the companies related to bitcoin out of the country by these comments as these companies needs  clarity and risk free zone to conduct business for the long term.

People on the comments saying trump cannot ban bitcoin but did not think about getting jailed if they continue owning and trading bitcoin once their president impose it.
Do not under estimate the power of the common citizen, if you are living in a dictatorship reign you might be sent to jail but not in America.
barabeku
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July 26, 2019, 02:20:05 PM
 #63

If politicians could ban Bitcoin, they would have done it by now.
They can't ban it.

Trump is more a performing person than that one, who knows well about political and economic stuff. Claiming he does not like BTC, he is simply going to get more hype. he knows that now, people will start talking about his personality in the connection with BTC, and it is profitable for a person who owns billions. As for Bitcoin price, his attitude does not affect it at all.

Free1bitco.in
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July 26, 2019, 04:17:32 PM
 #64

Trump? A greedy person who wants to be in the world will not be able to ban bitcoin globally. Even if some countries unite to ban bitcoin, that is still impossible.
well, until now, trump has responded negatively to this development, and there is no doubt that trumps are indeed people who can make changes to the price of bitcoin. when it's banned, I think the price of bitcoin will decrease.
Ozero
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July 26, 2019, 09:49:37 PM
 #65

Trump is not going to prohibit the use of Bitcoin or other cryptocurrency. As president of such a large state, he did the right thing by defending national money. However, he did not speak negatively about Bitcoin so that we could see his intention to prohibit the use of cryptocurrency. Therefore, there is no reason for panic or even serious reasoning on the prohibition of Bitcoin.
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July 27, 2019, 01:40:20 AM
 #66

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin





so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.


The problem is that NO body including Donald Trump, can ban Bitcoin.

I'm growing my BTCs by 0.72-1.44% each day on https://bitcoinprofit.net/boss/coinbitte
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July 27, 2019, 03:27:58 AM
 #67

If politicians could ban Bitcoin, they would have done it by now.
They can't ban it.

Agree. The US Government should have banned Bitcoin the minute they knew about it, but they did not because they knew that Bitcoin is a powerful technology that can be useful in the future. Donald Trump's statement might affect the price, but it won't make Bitcoin go away. Just think about Venezuela wherein Bitcoin is their solution to beat the unstoppable increase of their country's inflation rate.

JohnBitCo
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July 27, 2019, 07:21:34 AM
 #68

Trump is not going to prohibit the use of Bitcoin or other cryptocurrency. As president of such a large state, he did the right thing by defending national money. However, he did not speak negatively about Bitcoin so that we could see his intention to prohibit the use of cryptocurrency. Therefore, there is no reason for panic or even serious reasoning on the prohibition of Bitcoin.

If we see the history, we will know that negative words by famous persons are mostly spoken only to create panic and then those people themselves fil their bags with cheap crypto. John MacAfee used to do it and now I think its a move my the US to buy more cheap coins themselves by spread this temporary fud.
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July 27, 2019, 07:36:41 AM
 #69

there is a big difference between not being a fan and totally oppose cryptocurrencies
Trump knows what it is and knows the pros and cons, since he has stated he wasn't a fan of it
but banning bitcoin is a huge step and this is not what the US and Trump need at the moment from the political point of view
if it happens , though , I think the price can go down for a period of time
but bitcoin's ecosystem won't be hurt too much by getting banned in one country even if as powerful as the US

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gonzalezdaryl
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July 27, 2019, 02:31:20 PM
 #70

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin





so if Donald Trump has the power to ban Bitcoin, what happens to Bitcoin in the future? the price of Bitcoin will continue to fall and die or the price of Bitcoin will continue to grow and increase? let's give your opinion because I want to hear your response.

I think it will have no effect. Please, US is not the center of the world but I know that many users belong right there. Volume and market cap will be lower and btc price might drop for a while then after that it can regain again..
Faysal Fahad
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July 27, 2019, 03:13:40 PM
 #71

Maybe then BTC will suffer (price) only for few weeks! Afterwards; everything will be fine for sure!

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July 27, 2019, 06:32:30 PM
 #72

Historically, the prices have gone down whenever the talk about bans surfaced. First in 2013 December, the prices crashed when there were rumors about a ban in China. Another crash occurred in mid-2017, when there were similar rumors from the same country. And in 2018, another crash occurred when ICOs were banned in Korea. In case the United States authorities ban BTC, the market is not going to behave in a different way.
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