trump is the cause of drop prices bitcoin

[barota]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

[bitbunnny]

Are you serious? You really think that Trump can influence the Bitcoin price? Get real, that makes no.sense.
It's just another conspiracy theory that Bitcoin users seems to love so much but there isn't any connection between Trump's statements on Twitter or elswhere and Bitcoin price moving in positive or negative way.

[STT]

Trump can influence everything to some extent because Dollar is the centre of the global reserve system.  Bitcoin is part of the worlds attempt to diversify from that singular element and its a positive because the system is overly fragile from just one strut holding and tying values together.    Hopefully we will have in future a more distributed world system based around trade done but it is largely influenced by politics at present.

Look at UUP chart for a rough idea on what Dollar index is doing lately, higher is stronger which roughly means lower dollar prices usually and especially in speculation.

[figmentofmyass]

since the commentaire of trump on twitter before three month prices already starting falling

coincidence. the market had already topped out weeks before he made those comments. after a 350% rise this year, the market was bound to take a tumble, don't you think?

but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?

quit dreaming.

[mindrust]

Are you serious? You really think that Trump can influence the Bitcoin price? Get real, that makes no.sense.
It's just another conspiracy theory that Bitcoin users seems to love so much but there isn't any connection between Trump's statements on Twitter or elswhere and Bitcoin price moving in positive or negative way.

Be real.

Trump can indeed influence the Bitcoin prices. What world do you live in? He said some bad things about bitcoin but he never targeted it. If he wanted to influence bitcoin he has all the power to do it. Can he shut the network down? Probably no. But he can make us suffer a lot. USA controls all the .com domains in the world. Do you realize what kind of power is that?

[Duzter]

Trump can influence the growth of bitcoin and this can be done to certain limits. This limitations were completely upon the effective speculation that happens relative to bitcoin. Till date it is impossible to give a precise explanation of growth relating to particular incident that happens by that moment. No, everytime whether it is growth or crash it'll be related with something that happens in the market. It is possible to speculate Trump as the reason and drive the market, but from my learning this time he isn't the reason for any form of trend.

[samuraijin]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

you didn't include the link where he tweeted about bitcoin, as far as I know he doesn't like crypto, if indeed YES he did it I think the same as China which is currently being talked about on this forum is the cause of the price of bitcoin down, I think it's also wrong even bitcoin down not because of China or trump and I'm sure it's a game from other big traders who use the moment to take the price cheaper from your hands, I'm not sure trump and the government is in it

[bitvalak]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

Trump just led public opinion to panic and then made the traders rush to sell their BTC asset losses, this is the reason why bitcoin can go down and coincidentally after Trump tweeted on Twitter.
Trump is only a small part of the entire cryptocurrency ecosystem which is full of anonymity. Don't worry too much about the price of bitcoin going down, you better find an opportunity to buy it in the market.

[jets567]

It is given that Trump may influence the price of Bitcoin but he is not the only reason for what is happening in the market today. Trump is a prominent businessman before he became president so I was thinking that maybe he has ulterior motive on his past actions like spreading FUD's and when Bitcoin is cheap then buy it anonymously.

[Lucius]

Trump is having a lot more serious problems right now than dealing with something like Bitcoin, which is currently no threat to the USA, or rather for the US dollar. Although Trump has a really large number of followers on Twitter (67 million), his tweets are not taken too seriously, at least for those thinking with their heads.

But he can make us suffer a lot.

He can declare Bitcoin illegal, which would mean closing all exchanges and mining farms in the USA, and this would certainly be a blow that would shake Bitcoin pretty hard. Needless to say, this decision would be graciously or forcefully accepted by most countries in the world who would not want to have problems with the USA.

[bhabygrim]

Are you serious? You really think that Trump can influence the Bitcoin price? Get real, that makes no.sense.
It's just another conspiracy theory that Bitcoin users seems to love so much but there isn't any connection between Trump's statements on Twitter or elswhere and Bitcoin price moving in positive or negative way.

I am also curious on this one how could OP believe that Trump can influence the price of Bitcoin.
Just because of Trump's post on twitter and the price drops after it doesn't really mean that it is connected,
Just because Trump's a big name doesn't mean that he alone could change the phase of the market.
I am curious what would be OP's next observation what if there is another one who post a positive feed back on Bitcoin and the price started to grow maybe OP would see that person as a savior of Bitcoin.

[The Sceptical Chymist]

Are you serious? You really think that Trump can influence the Bitcoin price? Get real, that makes no.sense.

It doesn't make sense on a number of levels, believe me.  For one thing, a statement by a single world leader wouldn't be able to cause bitcoin to drop this much, not even one of the big leaders.

For another, even though Trump got elected by the US citizens, there are a lot of citizens who don't like him and don't listen to a word he says.  They'd probably jump to buy bitcoin if he slammed it in one of his idiotic Twitter posts.  The same holds true for the rest of the world, where I can't imagine he's all that popular. 

I don't think this recent drop was driven by news or even rumor, because I haven't heard anything negative enough to warrant it.  I think it was just due to some folks getting impatient with bitcoin's price and they ended up selling.  It could have been those so-called whales with a lot of bitcoin to sell, or it could have been a bunch of different investors.  Who knows?  It's not something we're ever going to know, same as with the many other dramatic movements bitcoin has had over the years.  But I'm fairly sure it wasn't because of Trump.

[Wexnident]

Absolute nonsense. Trump may be a President, but he still lacks the ability to influence the market so greatly. In fact, no one else alone could. Only a movement of an entire country could have the possibility of changing the current effects in the market.
PLUS, of all the presidents to choose from, why trump even? Trump is literally the President that is ready to be taken to court by his subjects after his term ends. You should be even surprised that Trump could even comment about BTC, let alone change it.f 

Trump is having a lot more serious problems right now than dealing with something like Bitcoin, which is currently no threat to the USA, or rather for the US dollar. Although Trump has a really large number of followers on Twitter (67 million), his tweets are not taken too seriously, at least for those thinking with their heads.

Numbers are just in the end numbers. 67 million doesn't mean that he has 67 million supporters who are willing to follow his whims and decisions that actually endanger a lot of American Citizens' Interest.

[riverdip]

trump is so small compared to BTC ! America thinks world revolves around them, i assure you ASIA is big player in crypto !

[akmal1984]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

I often think why every price is good or go up always countries like America or China maneuver through the news they release. For example like the donald trump's tweet which slightly corners bitcoin. Maybe it's true like you said there are big people who play to make prices go down then they will buy it back.  I don't think they will make a positive tweet because it will confuse people with two contradictory tweets

[YuginKadoya]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

Well, pretty much the price of Bitcoin will not take effect even if Trump would tweet negative things about Bitcoin it will not meddle with the price, I thought you will report that Trump had dinner with Mark Zuckerberg and Facebook board member Peter Thiel or this can be a building friendship incorporated with Libra well nobody knows, if Trump loves Bitcoin or not maybe he has a spark in cryptocurrency but wants to take part in it but maybe in a form of Libra well this Dinner with the owners and board of facebook I think there is something very suspicious about it.

[pixie85]

It's more of the combined effect of Libra being denied, companies that were planning to invest in libra resigning, China that was supposed to open to Bitcoin not really opening up and instead threatening some rogue exchanges. TA was also against us after a big rally to 14 thousand.

I wouldn't blame Trump for it but I remember when he was elected people said that he's going to be open to Bitcoin because he's a businessman and one of his senators was pro bitcoin. You can see how that went.

[Juggy777]

since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?

@barota which world are you living in because Trump had no relation with yesterday’s price crash, it’s all over the net and this forum that China’s announcement to target illegal exchanges was the key reason for prices to fall. In addition to it fud news was spread that Binance offices in Shangai were raided, which has been officially denied by Binance. Also Trump has no interest in bitcoins and I don’t think he’ll be giving any kind of statements regarding bitcoins, hence we should not be worried about him at least for the moment.

https://www.forbes.com/sites/billybambrough/2019/11/22/stark-china-warning-causes-bitcoin-to-suddenly-crash-10-as-other-major-cryptos-nosedive/#4b3f3bd353d4

https://cryptoslate.com/binance-ceo-dismisses-shanghai-police-raid-news-as-pure-fud-says-rival-crypto-exchanges-are-paying-for-disinformation/

[Lucius]

it’s all over the net and this forum that China’s announcement to target illegal exchanges was the key reason for prices to fall.

And that was the reason for the previous drop to $7300/400, and all drops before that? Trading with cryptocurrency in China is illegal for years, which would mean closing some illegal exchanges with very low trading volume cannot cause a panic that would explain the price drop.

Finding a reason for every increase or decrease in price is always something the media does, they make money on that, you read it and you believe this is the truth. The media is a powerful weapon used by manipulators, and judging by the reactions they create, they do a great job.

[beerlover]

There was a fall back in the day when Trump talked about bitcoin but the whole world knows that nobody really cares what Trump says or does.

Look at his own country where even the government is trying to kick him out of the office but they want to kick the team with him as well so they are taking the time for it. If they can somehow manage to kick Trump out while also kicking Pence out there is a chance that Pelosi can become the president and that is what matters to democrats.

If they kick out Trump but Pence becomes the president there is absolutely no way that country will get better, there is a chance it gets even worse. So at the end of the day, nobody cares about Trump and what he does, the price of bitcoin went down but it is totally irrelevant at this point.