American election is nothing to do with BTC

[btc78]

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

But the price moves all the way Up in election days,means this is just a coincidence ?

LOL that is too much hype to be not connected in US election,and now that the election result are pending yet the price of Bitcoin stagnant for a while also.

I think that there is an effect no matter what we say,US is the strongest country in the world(not unless china will claim this) so every special happenings in
their country will surely effect the global market and so the crypto market.

[bitbunnny]

Elections in US don't have anything to do with Bitcoin price as well as politics in general doesn't have significant influence on Bitcoin
Although there are some who connect recent price rise wirh elections in America and possible change of actual president but to my opinion there is no connection whatsoever.

[imstillthebest]

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.

joe biden has a vibe for crypto ? what a cool guy and its my first time to hear that supporters giving him money but politicians are powerful enough and can stand ln thier own . the guy must be kind and already show a good performance before on his past terms , reason why it got alot of sympathy on the public .

for those that didnt knew this news , they will say that election has nothing to do with the price of btc,  to normal elections yes but this time around was different .

[noorman0]

Yes, nothing to do and has no impact. We can see that dollar price deflation in no way disturbs the bull market phenomenon that has been taking place even before the US election. The increase in bitcoin price is also experienced by all people in the world when compared to their respective fiat.

[3meek]

Elections in US don't have anything to do with Bitcoin price as well as politics in general doesn't have significant influence on Bitcoin
Although there are some who connect recent price rise wirh elections in America and possible change of actual president but to my opinion there is no connection whatsoever.

I think there is a connection that we see when the bitcoin grows during election days... Perhaps the result of the election will also affect the price, but already all markets.... But it won't appear immediately, of course, I think that by the end of the year we will see the vector of movement... I hope that it will not change!

[carter34]

I think there is a connection that we see when the bitcoin grows during election days... Perhaps the result of the election will also affect the price, but already all markets.... But it won't appear immediately, of course, I think that by the end of the year we will see the vector of movement... I hope that it will not change!

This bull has been riding since covid-19 lockdown was opened in different countries. To what I can say, that was when it started having a strong upwards ,so the election for me isn't a major reason. The ending of year also is good for bitcoin when bull comes for cryptocurrency as it happened earlier 3 years ago.

[romero121]

During the previous US election time too there is growth with the price of bitcoin. By that time price of bitcoin was found to be around $550 - $600. This showed gradual rise making the price reach around $800. This time bitcoin price seems to peak high and at the same time there is good stability. We've been experiencing better days of 2020, on the other side people who have invested on other things were feeling bad of their choices.

[Renampun]

Elections in US don't have anything to do with Bitcoin price as well as politics in general doesn't have significant influence on Bitcoin
Although there are some who connect recent price rise wirh elections in America and possible change of actual president but to my opinion there is no connection whatsoever.

true, it was just a coincidence that the Bitcoin price was bullish at the time of the US election...
I am tired of reading amateur analysis in many newspapers trying to link the Bitcoin price increase due to the US general election. Bitcoin is a decentralized coin, the increase and decrease in price is highly dependent on market demand, not the US political situation.

[oktana]

Actually, the american election has nothing to do with BTC. If there's anyone who still think that it does, I urge you to educate everyone on how this is possible.

[abderrazak belkhir]

I agree with you and i think that its just a coincidence that bitcoin price rise at the same with the elections
I heard about that and i didnt find any logic reason that make bitcoin price change with the elections

[batang_bitcoin]

Actually, the american election has nothing to do with BTC. If there's anyone who still think that it does, I urge you to educate everyone on how this is possible.

Again, when the media has proclaimed that there's new president of the United States the market started to dump. They are correlating it again that the US election has connection with bitcoin.

I agree with you and i think that its just a coincidence that bitcoin price rise at the same with the elections

It is a coincidence. I see crypto pages showing old prices of the past elections but it's only a comparison during the old and the current days that we have. It is understandable that the old days there's not that much bitcoin investors and users but this time is different and value is increasing due to demand not due to elections.

[Shasha80]

Of course the American election has nothing to do with Bitcoin, the increase in the price of Bitcoin is due to the increasing
demand for Bitcoin. But knowing Joe Biden who won the American election made little bit optimistic about the future of Bitcoin
in America. Although Joe Biden is not a supporter of Bitcoin, but Joe Biden is not a hater of Bitcoin either. So I believe Joe Biden's
assessment is more objective on Bitcoin than Trump's. I hope Joe Biden can see the benefits Bitcoin has for the economy.

[3meek]

I think there is a connection that we see when the bitcoin grows during election days... Perhaps the result of the election will also affect the price, but already all markets.... But it won't appear immediately, of course, I think that by the end of the year we will see the vector of movement... I hope that it will not change!

This bull has been riding since covid-19 lockdown was opened in different countries. To what I can say, that was when it started having a strong upwards ,so the election for me isn't a major reason. The ending of year also is good for bitcoin when bull comes for cryptocurrency as it happened earlier 3 years ago.

After the news of Biden's victory in the U.S. elections, Bitcoin became cheaper by more than 1K dollars... It may be a coincidence, but stock markets also had a reaction to this result....
I hope that for Bitcoin it was a correction...

[bryant.coleman]

After the news of Biden's victory in the U.S. elections, Bitcoin became cheaper by more than 1K dollars... It may be a coincidence, but stock markets also had a reaction to this result....
I hope that for Bitcoin it was a correction...

It may be because of the uncertainty. Biden might have won the elections and it looks as if Democrats will have a comfortable majority at the House. But the senate majority is likely to remain with the Republicans. This can create problems for Biden, once he is sworn in. In case the senate doesn't allow Biden to function properly, then we can have an impasse, which may affect the economy in a negative way.

[Alucard1]

I've always seen a discussion about the price movement of bitcoin to the American election, there are many sides regarding this topic, there are some who believe that the inflation of bitcoin is caused by the American election but there are still many people who stand with not believing that bitcoin has relation with the price of bitcoin, on my side I cannot sit there is the relation between two variables, even though america has the big population that uses cryptocurrency it is still not a reason for it because there are still many factors that can affect the price of the bitcoin.

[Blackrain13]

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

That's right! I agree with what you have said. Bitcoin is increasing because of demand and it's popularity and not just because of American election. The user and supporter of bitcoin is not just come from America instead it comes all over the world that makes it's value sky rocketing.

[coolcoinz]

Max Keiser said that Biden's win will push Bitcoin to a new ATH. This is an interesting idea that I don't completely agree with, but it will be interesting to watch how it develops in the following months. Chances of ATH hitting before Christmas are slim, but bitcoin likes to do the unexpected. A few months back most people thought we won't even break 14k this year. You can find the predictions in speculation to see that people were moderately bearish and now everything has changed in a week.

[pragna]

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

Yes, i am agree with you because who are comming in US president is not the factor as their policy always are same. On the other hand we did not know that present elected president will accept BTC so that it will make effect on BTC market. Some are saying that for US election BTC market pump but my question here why it after election? it should before election as black money transaction made at that time. So i am fully agree with you again.

[Oneandpure]

American election not giving anything for bitcoin although I hear some information about some one from bitcoin and altcoin investor donate for Joe Bidden to be president of United State, but the fact never hear with Joe Bidden never give any news or campaign with blockchain technology adopted in United State, I think United State is not friendly for bitcoin and we have forget for United State and not giving any more for donating to both president candidate. When Donald Trump become president United State he looks very hate and not happy with bitcoin as currency or investment for United people to use and have bitcoin in their wallet.

[Fredomago]

American election not giving anything for bitcoin although I hear some information about some one from bitcoin and altcoin investor donate for Joe Bidden to be president of United State, but the fact never hear with Joe Bidden never give any news or campaign with blockchain technology adopted in United State,.

There still no clear indication about it, and still no confirmation but there are people behind it it still not going to change the fact that
after this win he will adopt and make a good future for bitcoin. Bitcoin will continue between the hands of true believers and not just
with any political influenced.

I think United State is not friendly for bitcoin and we have forget for United State and not giving any more for donating to both president candidate.

The Americans are always after for their good and if they are seeing taxes that can be implemented to this system who knows whether
they'll going to bite it and be more practical and use this chain for their best interest, whoever President may win it's still the system
that they'll going to adopt for their benefits.

When Donald Trump become president United State he looks very hate and not happy with bitcoin as currency or investment for United people to use and have bitcoin in their wallet.

That's true even h's a businessman himself he doesn't show any big interest instead he bring it down mostly, a lots of statement that
ain't favoring to this chain.