Trump gets Covid and we Crash?

[Becky666]

This how our "independent" from global market industry works. Anything could cause new dump here, sorry

We all know that President Trump is a figure and the United States is also one of the holders in Bitcoin in terms country capacity. When i saw the tweet from Mr. President, I thought as much that the price will surely fall downward, within few hour's of my thought it fell. The price of Bitcoin solely depends on news either negative or positive, we can't run away from what Bitcoin is( in terms of volatility and speculatives assets it is.)

[nutildah]

i feel like today was a very good test for bitcoin market. and it proved two things. the number of weak hands is very low at this point and also bitcoin doesn't follow anything else.

pretty weak sauce man. it's almost like you already commented in this thread and are now re-buttressing your opinion under an alt account. almost...

[pixie85]

Imagine what would happen if Trump died.

A huge market drop and then China gets nuked -> WWIII

Hopefully he is only lying to get more votes.

Who would nuke another nuclear superpower? Only someone with a death wish.

The S&P crash coincided with the news about charges against bitmex. Also one of the people involved in the exchange was arrested, the others were not because they were outside the US.

There's nothing to worry about. Such news 2 or 3 years ago would take us down by at least 10%. The market is more mature and less volatile now than was a few years ago.

[seoincorporation]

market looks shaky right now, anything can happen.

The Simpsons tend to have an accurate prediction though.

That's right, we can see the Simpsons as the new Nostradamus, lol.

The markets haven't seen the impact of this news yet, but for sure a crash is coming, the next 40 days will be madness in the markets, so play it smart and catch the right waves.

[MCobian]

I was quite surprised when President Trump was reported positive for COVID-19, then made Stocks and Bitcoin prices fall,
but I don't panic seeing the market go down. Because I believe the Bitcoin price will go up again. Only newbies and weak
investors are affected by the news that President Trump has tested positive for COVID-19, then panicked and sold the Bitcoin
they had.

[eaLiTy]

The markets haven't seen the impact of this news yet, but for sure a crash is coming, the next 40 days will be madness in the markets, so play it smart and catch the right waves.

What is going to happen in the next 40 days in your opinion, anything major coming up for you to come to a conclusion. The BTCitcoin market is trading on a range and if we are not able to break the resistance we might see a small correction before the market trying to push for breaking the resistance again. Other than that if there is anything that i am unaware do enlighten me.

@OP As if the market was cruising before this .

[Zemomtum]

Nothing has really affected the price of BTC as it still holds the 5.5k price level unshaken despite the Kucoin hack, BitMex lawsuit and Trump COVID-19 infection.

[verita1]

No news of Trump getting the infection, only Ivanka got the infection at the moment. I can count several incident in September/ October that should have dump the market so badly after the sushi hack but the dump was mild. Second Defi exit scam, Kucoin hack, Rumour on stock market dump, Bitmex refund, Salt ICO refund, They are related to daily crypto trading and could not dump the market. IMO it looks more bullish

Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!

https://twitter.com/realDonaldTrump/status/1311892190680014849?s=19

I am equally optimistic that Bitcoin will continue its bull run despite the nervousness that we all suffer at any moment. We have gained a lot since the beginning of the pandemic and we will maintain the conviction that the price will not fall.

[CryptopreneurBrainboss]

This just reminded me of a tweet from Robert kiyosaki (the billionaire Investor and recent fan boy of bitcoin) some days back highlighting a possible crashed in market as a result of a second wave of coronavirus pandemic and the next thing is, it comes for the first family.

I'm not surprise though as in my assumptions these are are just manipulation by the elites to control the market in the favour. The negative news are just used to create fud among the community. The Kucoin hacked that's directly related to the industry, had no impact on the market, how then should the bitmex exchange cto getting arrested or trump's health having any impact when it's no way related to the industry.

Don't be decieve though as the market can be pushed back up any moment as a result of their selfish agenda, it's preferable to just hold unto your coins than thinking you can outsmart the market especially as some much manipulation is currently in moment, you just might be left behind when the bull train kicks off.

[sheryllanka]

donald trumps test positive result from covid 19 but bitcoin will not affect on this case,market will not belong to a virus and usa government we cannot stop bitcoin to their country for trumps infected with this covid 19

[UserU]

I was quite surprised when President Trump was reported positive for COVID-19, then made Stocks and Bitcoin prices fall,
but I don't panic seeing the market go down. Because I believe the Bitcoin price will go up again. Only newbies and weak
investors are affected by the news that President Trump has tested positive for COVID-19, then panicked and sold the Bitcoin
they had.

He should have seen it coming. Kept downplaying the need to wear masks and even poked fun at Joe Biden for wearing one.

[UmerIdrees]

Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.


Buy the dips though.

We need to understand that these drops are just temporary and won't last long. For those who are wanting to take entry in bitcoin, this might be anohter good opportunity.
Also i wish Gel Well Soon to both the president and his wife from covid - 19.

[shoreno]

Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.


Buy the dips though.

We need to understand that these drops are just temporary and won't last long. For those who are wanting to take entry in bitcoin, this might be anohter good opportunity.
Also i wish Gel Well Soon to both the president and his wife from covid - 19.

its nice to hear that you arent against those people because your comment isnt harsh than the other . what i like the most is when you give useful tip on btc . indeed that dips are a good entry point. drops are temporary but the drops can take place from time to time  , i think thats better because atleast there is atleast small room to breath in . they say bitmex exchange gets hacked , arent you wishing it to recover ? or you just forgot it . i dont know whats the meaning of potus ( as op said ) but it sounds a disrespect .

[Rafiqul]

Economy is directly involved with politics; Cryptocurrency is also a part of the economy. The Trump couple recently contracted the corona virus and Trump himself tweeted it. As a result, it has an adverse effect on the crypto market, including the stock market. As a result, the price of Bitcoin and other cryptocurrencies has dropped, but I don't think it will last long. However, in the current market situation, it is time for investors to buy Bitcoin and other coins.

[Anonylz]

Even if every market crash is as a result of something from the top, Trump getting covid-19 should not even be considered as part of it, how is this even related! Trump is not fan of btc has no direct significant relationship to market behaviour, then how can this affect price, between is the economy badly affected because Trump contacted covid-19?   This should not have any effect on the economy or with crypto, @op stop making unnecessary assumptions.

[F_Societys]

Maybe this is a game and he wants to stir up the atmosphere during the elections and use the policy of this work to his advantage.

[michellee]

I hope the crypto market is not getting the impact of that news. We see on the market that the bitcoin price is going down again because the red line has come back to the market. I hope that this time will be another correction for bitcoin price, and it does not go down for deeper. But we have more chances to buy bitcoin at a low price, so I think that we should use this time to buy it again. I hope everything will be fine, and we can still make a profit.

[Maslate]

I hope the crypto market is not getting the impact of that news. We see on the market that the bitcoin price is going down again because the red line has come back to the market. I hope that this time will be another correction for bitcoin price, and it does not go down for deeper. But we have more chances to buy bitcoin at a low price, so I think that we should use this time to buy it again. I hope everything will be fine, and we can still make a profit.

There was an impact but we can stomach the impact because we trust the market will not crash.

What are we doing? We should not panic, we should look at the opportunity to buy the dip, man, that's old school, same method, same result, (success).

[adzino]

Like holy hell what a ride the past day has been with the bitmex stuff and now the POTUS getting covid with the first lady (they say) Everything is taking a dump.


Buy the dips though.

The price has nothing to do with trump or the first lady. I doubt even if anyone of them dies, the price is going to crash. Like, why would that even happen? And is that "everything" you are taking about that is taking a dump? I price of bitcoin just fell by few dollars and you are saying that is a dump? Lol, that is totally normal. Or are you just trying to spread fear among holders and make them panic sell, idk for your own gain maybe?
And trump will be out of the hospital in no time.

[mindrust]

The S&P crash coincided with the news about charges against bitmex. Also one of the people involved in the exchange was arrested, the others were not because they were outside the US.

There's nothing to worry about. Such news 2 or 3 years ago would take us down by at least 10%. The market is more mature and less volatile now than was a few years ago.

Bitmex is cancer and should go down asap. But then, there are so many cancers in crypto (like Tether. There are also others coming to surface recently.) It is impossible to fight them all.

Who would nuke another nuclear superpower? Only someone with a death wish.

China might not be as strong as you think it is.

Maybe the war has already started.

Somebody or some country engineered Covid19 and released it on us. Just because countries can't throw nukes anymore doesn't mean they cannot fight in other ways.