During The Last U.S Presidential Debate Bitcoin Price Was Only $630

[mamamu111]

Bitcoin has gone through a lot since 2016, but there’s no doubt its price is better off now than the last time presidential hopefuls locked horns.


Bitcoin was less than a tenth of its current price the last time a US presidential debate took place. During the last four years, Bitcoin set all-time records before settling at relatively more stable prices. Despite neither candidate talking about Bitcoin, the crypto asset is proving its strength. READ THE FULL ARTICLE HERE: https://worldpublicityblog.com/index.php/2020/10/05/during-the-last-u-s-presidential-debate-bitcoin-price-was-only-630/

[LFC_Bitcoin]

$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.

[davis196]

This is a pointless historical comparison.
During the 2012 US presidential elections(Obama vs.Romney)The Bitcoin price was below 10 USD (AFAIK).
And so what?What's the point of remembering this information?
We have to be focused on the future of Bitcoin,not the past.

[Oshosondy]

This has just be the beginning of bitcoin, the price will still increase beyond what we are expecting, there will be a time bitcoin will worth $100,000, but that day can still be far from now, people are getting to know bitcoin while with time more people will deal with it, buy it, hold it and be trading it.

This have nothing to deal with presidential election but it seems that as the last three presidential elections were in the year bitcoin
has  halved so far, that could be the reason why it is referred to but there is nothing bitcoin price has to do with presidential election. But it is good to know that more people will still buy and trade bitcoin while the price will continue to increase.

[molsewid]

Bitcoin has gone through a lot since 2016, but there’s no doubt its price is better off now than the last time presidential hopefuls locked horns.


Bitcoin was less than a tenth of its current price the last time a US presidential debate took place. During the last four years, Bitcoin set all-time records before settling at relatively more stable prices. Despite neither candidate talking about Bitcoin, the crypto asset is proving its strength. READ THE FULL ARTICLE HERE: https://worldpublicityblog.com/index.php/2020/10/05/during-the-last-u-s-presidential-debate-bitcoin-price-was-only-630/

I've seen many posts like this, comparing the price of bitcoin in the election event. I don't think it's not related to each other. Bitcoin price and the Presidential election or presidential debate is not connected. If you have any proof that it's linked with each other, you might want to show it to us.

[mk4]

We already have a similar topic for this that was just posted last week. The only difference was a mere $13.

Topic: For the record, the last time we had a presidential debate, the price of bitcoin https://bitcointalk.org/index.php?topic=5279181

[DarkDays]

$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.

This upwards movement is what everybody has been talking about and how they expect BTC to moon to a new ALTH. Furthermore, the link between presidential elections and US to the stock market decline has already been made clear, to the point that even traditional news outlets covered it. I for one would like to think that this same correlation linkage isn't found between this political debate and cryptocurrency, and like most optimists that crypto will start recovering.

However, as I write this I find myself wondering what would really drive this upward trend? We know that a large movement somewhere needs to happen in order for the market to show another bull run, but the problem is that there isn't much on the horizon that might lead to this healthier recovery everybody is hoping for. Am I wrong?

[teosanru]

Bitcoin has gone through a lot since 2016, but there’s no doubt its price is better off now than the last time presidential hopefuls locked horns.


Bitcoin was less than a tenth of its current price the last time a US presidential debate took place. During the last four years, Bitcoin set all-time records before settling at relatively more stable prices. Despite neither candidate talking about Bitcoin, the crypto asset is proving its strength. READ THE FULL ARTICLE HERE: https://worldpublicityblog.com/index.php/2020/10/05/during-the-last-u-s-presidential-debate-bitcoin-price-was-only-630/

If you compare this with any other security or asset these would look like magical returns but if you would compare this with bitcoin itself you would feel that bitcoin was already at 19k just one year after the elections and has fell down to almost half in 3 years. Still doesn't makes it a bad form of investment for sure.

$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.

This upwards movement is what everybody has been talking about and how they expect BTC to moon to a new ALTH. Furthermore, the link between presidential elections and US to the stock market decline has already been made clear, to the point that even traditional news outlets covered it. I for one would like to think that this same correlation linkage isn't found between this political debate and cryptocurrency, and like most optimists that crypto will start recovering.

However, as I write this I find myself wondering what would really drive this upward trend? We know that a large movement somewhere needs to happen in order for the market to show another bull run, but the problem is that there isn't much on the horizon that might lead to this healthier recovery everybody is hoping for. Am I wrong?

I think that markets don't really work the way we think. we generally get a lot of lagged information of market. We will start seeing market is ready for bull run when the market has already moved up 20-30%.Until some real movement takes place a rational investor can never imagine this type of return due to any factor.

[Poker Player]

This is a pointless historical comparison.
During the 2012 US presidential elections(Obama vs.Romney)The Bitcoin price was below 10 USD (AFAIK).
And so what?What's the point of remembering this information?
We have to be focused on the future of Bitcoin,not the past.

I don't think it is pointless. He is just pointing out how the price has increased, hoping that will keep following that trend upwards. I think all bitcoin holders hope it will be much higher for the next US election.

Don't go to the speculation section, then. It is full of comparisons like that one.

[crwth]

Imagine after four years, the price has gone up so much. I believe that the debate in 2016 has nothing to do with the price, it just so happens to be volatility. It's just making it as an event that could be aligned with the price and for me it's just a coincidence. You could say it's definitely worth more now.

I just want to say I don't think the first presidential debate was effective because of the way they behaved. Even the crypto community is not amused.

“People are more embarrassed by Trump’s lack of debate decorum than by the thousands more civilians murdered by Obama,” tweeted Voorhees, CEO of crypto exchange ShapeShift, adding that “ if you want to win over the public, your actions matter far less than your charisma. Speak eloquently and you can get away with murder.”

[avikz]

Bitcoin has gone through a lot since 2016, but there’s no doubt its price is better off now than the last time presidential hopefuls locked horns.


Bitcoin was less than a tenth of its current price the last time a US presidential debate took place. During the last four years, Bitcoin set all-time records before settling at relatively more stable prices. Despite neither candidate talking about Bitcoin, the crypto asset is proving its strength. READ THE FULL ARTICLE HERE: https://worldpublicityblog.com/index.php/2020/10/05/during-the-last-u-s-presidential-debate-bitcoin-price-was-only-630/

Does it matter?? During last US presidential election I was,

- 4 years younger than today
- 10 kilos lighter than today
- was earning around 40% less salary than I am earning today
- used to stay in a ranted place but now I stay in a self owned apartment
- was unmarried
- didn't have a car

I mean, please start making sense! US presidential election has nothing to do with bitcoin's price. If your only motto is to provide timeline, then please compare today's price with late 2017. Does it look brighter now??

It seems the website your referenced has nothing better to write!

[Gozie51]

$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.

I think one reason that the bull will still take some time is the fear that covid-19 is likely to hit again. This is a really serious fear that will make the market keep slowing and remaining between the area of $10000 and a little high to $11000.

[sheenshane]

Look at that comparison, it's too far mate, too far.

But I assume, the next candidates will not be going to have a debate regarding Bitcoin. They would most likely debate and tackle issues regarding the virus and infectious disease prevention for their fellow countrymen.

Economics? Possible. But they most likely tackle issues on how to make the business scalable enough to survive with these kinds of unexpected situations. But we will then see once we cross the bridge.

[bocyaj]

$630 to $19,xxx is a meteoric rise for sure. If you told me that we’ll make even half that kind of rise from $10,000 then I will be one very happy guy. It’s been a while since the halving now, we should really begin to see upwards movement soon.

I think one reason that the bull will still take some time is the fear that covid-19 is likely to hit again. This is a really serious fear that will make the market keep slowing and remaining between the area of $10000 and a little high to $11000.

Actually you can't make sure of when the price will reach maximum and when it will get into the ground.As of now,the price of bitcoin was stable at certain value.Holding make you sense sometimes and you may escape from the loss.Covid 19 make the understanding of people about and money and it dependency.

[sunsilk]

Does this mean that we will be millionaires by the next presidential debate?

If you hold batches of bitcoin or if your local currency defines in million if you are converting Bitcoin>USD>Local. It's not just all about the elections period but I'm more confident that we'll see a rise because of the halving.

I think one reason that the bull will still take some time is the fear that covid-19 is likely to hit again. This is a really serious fear that will make the market keep slowing and remaining between the area of $10000 and a little high to $11000.

I'll compare this season to 2018. That year was passive but there's no pandemic yet we went through the bearish market by that time. With or without the pandemic, bitcoin is still the same. It can come across the bulls or bears anytime, at any season.

[TravelMug]

Does this mean that we will be millionaires by the next presidential debate?

Many has become millionaires even prior to the presidential debate of 2016, so it's possible that there could be more in the next four years assuming that you have been accumulating bitcoin during the bear market specially the dumped we've seen in March this year.

But as others have seen, bitcoin's price has nothing to do with the presidential debate. It only shows what we have known already, bitcoin is somewhat in a cycle, and it could possible hit another all time high in the future. If you look at its past history, after a halving, the price goes on a dramatic rise.

[kotajikikox]

Does this mean that we will be millionaires by the next presidential debate?

Many has become millionaires even prior to the presidential debate of 2016, so it's possible that there could be more in the next four years assuming that you have been accumulating bitcoin during the bear market specially the dumped we've seen in March this year.

so that means it is not the debate that makes us million but our dedication in investing here little by little to gain profit for 4 years until the next presidential debate happens again 
so thats funny to connect the presidential debates for the growth of Bitcoin price.

But as others have seen, bitcoin's price has nothing to do with the presidential debate. It only shows what we have known already, bitcoin is somewhat in a cycle, and it could possible hit another all time high in the future. If you look at its past history, after a halving, the price goes on a dramatic rise.

and this is the perfect time to look for that "After Halving" effect because we are now closing to the end year in which mostly happening the next Bullrun brought by Halving.

Look at that comparison, it's too far mate, too far.

But I assume, the next candidates will not be going to have a debate regarding Bitcoin. They would most likely debate and tackle issues regarding the virus and infectious disease prevention for their fellow countrymen.

Economics? Possible. But they most likely tackle issues on how to make the business scalable enough to survive with these kinds of unexpected situations. But we will then see once we cross the bridge.

i believe that debate never tackle Bitcoin eversince ,But you'r right that we need to keep track what will happen since we are near the election date.

[hd49728]

Months ago, I read a topic on the assumption that satoshi is a genius because he choose the 4 year period between 2 bitcoin halving times and bitcoin halving days are scheduled to happen before US. President Elections. The important elections that happen each 4 years are very important for the US citizens and US economy. The global economy is affected by political and economical changes in the US. and the whole world look at US President Elections, each 4 years.

I read and I was impressed with what satoshi did.

[ampu]

Current comparisons with the 2016 US election are meaningless because Bitcoin is not only in the US, many people in other countries are buying bitcoin. In 2016-2017, Bitcoin was too foreign to everyone and they started to learn about it and buy it. At the same time, there are many financial institutions related to electronic money established and they are the cause of the price increase. Currently, some investment funds have disbanded because of losses. I believe bitcoin is more regulated now and is becoming more transparent for traditional financial institutions and companies to access and include in their portfolios. Microstrategy recently bought into hundreds of millions of dollars of Bitcoin, and that could be a trend for other businesses to follow suit.

[MCobian]

It seems it is not a coincidence that Satoshi Nakamoto set the Bitcoin halving schedule with the election of the American president.
Because Satoshi realizes that the presidential election will have an effect on the world economy, and for sure the Bitcoin market will
also be affected. Starting from the presidential election in 2012, then in 2016 the Bitcoin price continued to increase in price. So it's
only natural that we hope that the 2020 presidential election can make Bitcoin prices rise too.