American election is nothing to do with BTC

[Bitstar_coin]

I am among those who believe American election will have an effect on the price of Bitcoin, because there must be investors who are
affected by the election results, there could be panic selling. Sometimes Bitcoin is affected by big events, so don't be too sure Bitcoin is
not affected by the American election. Whether true or not the Bitcoin price is affected by the American election, I believe Bitcoin can
survive any situation. Including the current pandemic situation that is bad for other markets, but not for Bitcoin. So whatever the results of
the American election, we still believe that Bitcoin will continue to rise in price and bring profit to its holders.

that is such a lame excuse sorry to say, why will someone panic to sell their asset over no possible threat at all! is it that the election hold such significant to people's investment, but look at the price at the moment, it is rising rather than been affected by panic sellers, i think people are just over reacting and exaggerating the whole election thing, one thing should not have effect to the other, i don't see any situation here that need surviving, even the pandemic was overly exaggerated, till now btc still remain at the top and best performing asset both in crypto and stock.

[Yamust]

I just wondering, what is the connection of bitcoin to the american election? Why they think election will affect bitcoin? Does the US invented the bitcoin? Or does the president will dictate the price of it? I don't think it has something to do with it.

[lifeforcepools]

Perhaps this event will somehow affect the crypto industry, but not as much as many people think. I believe more that whales can affect the price of bitcoin than events in the world.

[Swopon]

Strongly believe that the American election or other countries' election is nothing for Bitcoin because it had been created for establishing to spend your money with freedom or it can be said as independently. So it will not do anything.

But the price can be influenced by the news or other things, that are happening now.

[OcTradism]

The election and vote counting updates few days back show that bitcoin price has its special price actions. Trump took a lead before vote by mails were checked, bitcoin rose. Trump lost his positions in many batteground states, bitcoin rose. Biden has more opportunites, higher win rates from casinos, bitcoin increased.

Please tell me what is the relation of election and bitcoin price? If you believe in bitcoin, believe in its future, and after the halving, don't care much about the election.

[LogitechMouse]

The market is heavily driven with 2 things.
1. Emotion
2. Sentiments

Any market is heavily driven by emotions and most of the investors are thinking that the election has an impact on Bitcoin that is why they are making a move. Yes the election doesn't have any direct impact to Bitcoin but it has an impact to the investors and that may affect the market too.

Either way, I will wait for the next chapter .

[robertjack]

Election will not affect cryptocurrency, Because BTC is Not Any Country Currency. Its Is World Wide Currency in My Point Of view No Harm Us Election to BTC. 

[carlisle1]

One of the famous analyst say American election is nothing to do with BTC. Well that's the spirit I would say as top rated crypto currency may not be impacted whoever wins the American election, also he says the value may go up till the end of the year. Is BTC still giving opportunity for investment? What's your thought guys.

https://www.businessinsider.in/stock-market/news/bitcoin-doesnt-care-who-wins-the-us-election-it-will-rise-in-value-regardless-of-the-outcome-a-cryptocurrency-fund-chief-says/articleshow/78968900.cms

it may not be impacted Long but in the beginning for sure there will be changes in market.
I don't know if the Bullish market today is effect of Biden being leader in This Election or the election itself effects the Crypto market.

Bitcoin Spiking almost $16,000 in just a short period of time from $13,000 level?this is something we can relate about the US election IMO

But I believe that there are something happening now because the Counting in Online broadcast seems to be Paused?
well World is expecting the result as sooner as possible so this may surely effect every market worldwide.

[error08]

One of the famous analyst say American election is nothing to do with BTC. Well that's the spirit I would say as top rated crypto currency may not be impacted whoever wins the American election, also he says the value may go up till the end of the year. Is BTC still giving opportunity for investment? What's your thought guys.

https://www.businessinsider.in/stock-market/news/bitcoin-doesnt-care-who-wins-the-us-election-it-will-rise-in-value-regardless-of-the-outcome-a-cryptocurrency-fund-chief-says/articleshow/78968900.cms

it may not be impacted Long but in the beginning for sure there will be changes in market.
I don't know if the Bullish market today is effect of Biden being leader in This Election or the election itself effects the Crypto market.

Bitcoin Spiking almost $16,000 in just a short period of time from $13,000 level?this is something we can relate about the US election IMO

But I believe that there are something happening now because the Counting in Online broadcast seems to be Paused?
well World is expecting the result as sooner as possible so this may surely effect every market worldwide.

I tend to agree this significant rise of bitcoin price within days seems related to the US election, as bitcoin in the US market is one of the biggest, many companies and institutional investors recently investing in bitcoin came from the US. Because it's not only for the short term, whoever is elected as president will directly influence the market for the long term because of the policies that will be implemented.
"Longer term, however, a Joe Biden victory would be better for Bitcoin and gold because that would imply an unprecedented level of government spending"

[Yudhisthir]

The election might have fueled some of the volatility but the ultimate results would not have a significant effect on price of bitcoin. A chaotic environment with protests and fight are less likely in US and they might have some legal battle but the actual transfer of power would be smooth. The pandemic situation is one of the reason for price boost and as it eases, the prices would correct themselves.

[Janation]

For now it will not be affected.

I say for now because the next president might give a chance or an opportunity for the people to use bitcoin more. That it might influence the non-believers to actually use it although, I don't think they would put that on their campaigns, so I never seeing that as an priority for them hence it would not affect Bitcoins or anything in the market.

[shoreno]

it does nothing to do with the btc itself but they should say it has something to do with the price of btc . there was so many threads last week in the gambling board about election and some of them bets millions of dollars on the election . people buy more btc and put those btc as bets because they are facisnated on this rare event . this can be the reason why btc is driven to its highest this year  but lets not forget the other contributors  , not just the election but theres so many positive news like these said institutions starts partnership with btc , something like that.

[gabbie2010]

I agree with it. US elections has a huge impact in the whole world, whichever between Republican or Democratic Party may won. However, I strongly believe that it won't affect the movements of Bitcoin in the digital market. Because Bitcoins movement cannot be controlled by anyone. I have faith that the price will continue to go up throughout this year. But still, we cannot really predict everything...we better see what will happens next.

Yes. All we have are just pure predictions so let's just wait and see once the presidential election is over. I believe US election has still an impact to crypto particularly bitcoin but we can't really tell if its huge or not. The only thing i am sure of is that crypto volatility will always keep going so we can still expect pump and dump season every now and then.

Until dust the dust of the US presidential election settles down else the crypto market will continue to trend, from a close observation majority of trading commodities, forex, indices and crypto had been experiencing huge and massive volatility in this period of the election while some of the pair linked with USD pumps while others dumps thus it very obvious there is a correlation between the election and bullish sentiment of bitcoin.
I believed many companies and organizations are reserving their assets by investing in BTC thus more demands of the coin due to uncertainties in the after aftermath of the election however regardless of the outcome Bitcoin will continue to thrive and experience massive growth.

[lifeOK]

Bitcoin does what it want, American Election just a simple things on the road of Bitcoin domination. If had effected somehow could not stay long. In bitcoin you have to remember this quote- "If you don't believe me or don't get it, I don't have time to try to convince you, sorry."- Satoshi Nakamoto.

[pooya87]

imagining a connection between bitcoin and some arbitrary thing is not a new thing. for years different people have found different things they try to connect to bitcoin so that they can speculate a bout its price after everything else fails.
i guess it is partly because of the volatility of bitcoin price that makes speculation hard and partly because bitcoin market is unique and has never been following anything else so they try to "create" the correlation for themselves to justify moves that looks odd to them.

[OcTradism]

imagining a connection between bitcoin and some arbitrary thing is not a new thing. for years different people have found different things they try to connect to bitcoin so that they can speculate a bout its price after everything else fails.
i guess it is partly because of the volatility of bitcoin price that makes speculation hard and partly because bitcoin market is unique and has never been following anything else so they try to "create" the correlation for themselves to justify moves that looks odd to them.

Volatility and open space for new adopters. When bitcoin rises, it can attract new adopters. The attraction of bitcoin is bigger than stocks, bonds, real estates. It is new and every new things have bigger open space for growths.

Speculation can be right when bitcoin does not in its bull run. With bull run, speculation is trash.

[shamimal93]

Bitcoin has always been promising, Bitcoin stood proudly when the world economy collapsed in the Corona epidemic. When people around the world became unemployed after being trapped in Lock-Down, Bitcoin opened the door of investment for them. While the global epidemic has not been able to stem the growth of bitcoin, the US election is a trivial matter.

I am forced to disagree with you at least a little bit.  Because I think the US election has definitely affected Bitcoin.  Otherwise, the price of Bitcoin would not have gone up to Rs 16,000.  It can't be a coincidence in any way.  I believe Bitcoin stood tall when the world economy stagnated in the Corona epidemic.  But it's hard for me to believe that the US election didn't affect Bitcoin at all.  I’m sure that the American election caused so much sudden increase

[Hamphser]

Bitcoin has always been promising, Bitcoin stood proudly when the world economy collapsed in the Corona epidemic. When people around the world became unemployed after being trapped in Lock-Down, Bitcoin opened the door of investment for them. While the global epidemic has not been able to stem the growth of bitcoin, the US election is a trivial matter.

I am forced to disagree with you at least a little bit.  Because I think the US election has definitely affected Bitcoin.  Otherwise, the price of Bitcoin would not have gone up to Rs 16,000.  It can't be a coincidence in any way.  I believe Bitcoin stood tall when the world economy stagnated in the Corona epidemic.  But it's hard for me to believe that the US election didn't affect Bitcoin at all.  I’m sure that the American election caused so much sudden increase

Well, nothing can stop you if you do really think up that way yet we do have our own opinion and insights towards thing and if you do believe that this recent election
does have an impact on the market price then so be it but im with majority on here yet i dont see any correlation with this current even to the market price.
I do rather believe that paypal adoption is much more better rather than with that Trump and Biden thing but overall crypto market doesnt rely into any sentiments
which would base up into its price trend.It can move neither having or without having any news thats currently happening.

[Noctis Connor]

Im agree with this, though lots of supporters of Joe Biden are donation crypto currency, they helping him through donating cyrptocurrency, unless if someone will have the courage to introduce this kind of cyrptocurency when Joe Biden, wins maybe there's still a chance to be known and will become more big big for bitcoin. Just saying and in my opionion only because i saw some of news from the internet that they helping Joe Biden in his campaign.

[gurjasmeetsingh]

I think American elections  is not effected to bitcoin currency, but l think the price of btc maybe go upward the last month of the year. Because the door of crypto currency was opened in carona-19. I can't know about the next American president implement his policies. But l think he gave the gift to the crypto currency investors.