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Author Topic: trump is the cause of drop prices bitcoin  (Read 437 times)
ecnalubma
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November 26, 2019, 03:28:06 AM
 #41

We can’t set aside the influence of influential people in crypto market because at the moment its just a tiny speck compare to stock market. Crypto market is still very weak and easy to attack and tank the prices, it won’t be normal if we always expect high price of course there are a lot factors that might affect it.
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November 26, 2019, 03:46:05 AM
 #42

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?
There is no correlation between the falling price of bitcoin and the negative statement twitted by president Trump three months ago although immediately he made that statement then the price of bitcoin dumped for a while before it recovered and became bullish.
The present state of the price ( bearish) has to do with price manipulation by the whales which I believed is a ploy to push down the price so as accumulate more this is a usual occurrence its not something new in the entire crypto system.

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November 26, 2019, 04:54:17 AM
 #43

We can’t set aside the influence of influential people in crypto market because at the moment its just a tiny speck compare to stock market. Crypto market is still very weak and easy to attack and tank the prices, it won’t be normal if we always expect high price of course there are a lot factors that might affect it.
Also because this market still relied with speculative guesses, influential people affects the momentum mostly when holders and traders buy the news and start moving according to what they've think about the statement or the position of those well known personalities.

It's better to keep moving forward and not to easily act when there's some changes assess the market and carefully analyze for the better decision making.

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Dart18
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November 26, 2019, 05:43:30 AM
 #44

The hell is that all about?!

First I am reading too much about China which had been the reason of all the dumps and pumps and now it is Trump.
No, I dont think so. He doesn't matter much to the crypto space. He might be a businessman with a lot of connection to rich people but that doesn't mean those people are all connected with bitcoin or investors of it.

Just understand that it is how bitcoin moves. It doesn't need much reasoning.
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November 26, 2019, 06:59:16 AM
 #45

I think its because of the whales manipulating the market and maybe some FUD are affecting some investor that's why it cause a major drop but we can take advantage of it since price drop means SALE and we can accumulate more.

And buying the bircoin while it is cheap is really a good deal even thou it go drop again but surely it will rise and continue to go up until by next year.
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November 26, 2019, 08:26:46 AM
 #46

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.
Yes, I agree with you. In my opinion the decline in bitcoin yesterday has nothing to do with trump comments on twitter. It has been proven for 10 years that bitcoin cannot be stopped or controlled by anyone, including the president of the United States. Bitcoin will remain decentralized. And I think bitcoin dumps are a result of whale manipulation. They will make a bitcoin dump before bitcoin is reduced by half in the next year.

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November 26, 2019, 01:48:41 PM
 #47

since the commentaire of trump on twitter before three month prices already starting falling
So what is the solution, any plans on impeaching him.

but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
How you are planning to convince Trump to tweet again, planning to hack the tweeter account of our president  Tongue.

does trump and givernements love bitcoin or not?
Does it really matter whether Trump administration loves bitcoin or not.
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November 27, 2019, 12:07:15 PM
 #48

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?
There is no correlation between the falling price of bitcoin and the negative statement twitted by president Trump three months ago although immediately he made that statement then the price of bitcoin dumped for a while before it recovered and became bullish.
The present state of the price ( bearish) has to do with price manipulation by the whales which I believed is a ploy to push down the price so as accumulate more this is a usual occurrence its not something new in the entire crypto system.
In fact, news about President Trump not liking bitcoin has spread a long time ago. that has often been the cover page of crypto magazine, and I don't think its hatred of bitcoin will affect the price of bitcoin. even the current price decline, I think it has nothing to do with president trump. however, I still think that this is a normal increase at the end of the year.

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November 27, 2019, 12:28:07 PM
 #49

In fact, news about President Trump not liking bitcoin has spread a long time ago. that has often been the cover page of crypto magazine, and I don't think its hatred of bitcoin will affect the price of bitcoin. even the current price decline, I think it has nothing to do with president trump. however, I still think that this is a normal increase at the end of the year.

Strangely, it is way less important what Trump twitters about Bitcoin compared to the chinese guy. Strange west world.
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November 27, 2019, 01:10:24 PM
 #50

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?

These isolated comments (such as the ones made by Donald Trump and Xi Jinping) may be having a temporary impact on the Bitcoin exchange rates at the market... but in the long term, if Bitcoin has to move upwards then there should be some concrete development. Banking too much on comments by some political figure is not viable at all.
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November 27, 2019, 02:28:24 PM
 #51

In fact, news about President Trump not liking bitcoin has spread a long time ago. that has often been the cover page of crypto magazine, and I don't think its hatred of bitcoin will affect the price of bitcoin. even the current price decline, I think it has nothing to do with president trump. however, I still think that this is a normal increase at the end of the year.

Strangely, it is way less important what Trump twitters about Bitcoin compared to the chinese guy. Strange west world.

I am expecting much more legit info other than Trump's twitter, it could be some kind of FUD and not a factual twitt that comes really from the President. Actually, there's no big deal on whatever words came from the mouth of Trump, but what's more important was the real cause instead of rumors.
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November 27, 2019, 06:14:58 PM
 #52

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

I believe it is not necessary for D. trump to speak well about bitcoin for the price to rise, mysteriously today the price has increased over  $600 in hours, look:



is the governoment playing with prices bitcoin?

the government is not playing with the bitcoin price, they only care about their money in their bank account

does trump and givernements love bitcoin or not?

Big No

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