Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: mohdelayo on October 27, 2020, 12:44:58 PM
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BTC's price have recently broken a new high since after over a year now and this is amidst preparations for the upcoming november US elections.
A lot of experts in cryptospace have speculated differently on altcoins market situations as regards to the US elections, many speculated we are not seeing any green in the altcoins market until around first quarter of 2021 while a lot have speculated we will keep having a red altcoins market until around late november.
Despite all these speculations, BTC just pulled out and looks like the rocket engines are still warming up for a more upward price actions. What do you all think about this situation? Please lets air our view.
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Altcoins price is not dependent upon USA elections rather to every crypto big/small enthusiastics. Take a look the price not affected by election supposedly according to prediction it should drop now but the trend goes oppositely crossing beyond the 13K. Maybe few days left Bitcoin price reach 14K mark. The world is slowly recovering which I think the big factor of getting back to normal.
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Well it's not a new thing that political activities do have impact on the market, USA for that matter. The elections is getting closer Lets see how the situation unfolds and influence the market.
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In the past, there were times that when BTC is pumped many altcoins also get their share of the action but there were also those pump days when only BTC was getting the share of the limelight. And we are experiencing that today when Bitcoin is monopolizing the show for itself. Well, there is nothing we can do but just wait and see where this is leading to. I am sympathizing with many altcoin holders but I know for sure that its time is also coming -- patience is a big virtue in this industry except of course if you -- just like me -- happen to also received shitcoins.
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BTC's price have recently broken a new high since after over a year now and this is amidst preparations for the upcoming november US elections.
A lot of experts in cryptospace have speculated differently on altcoins market situations as regards to the US elections, many speculated we are not seeing any green in the altcoins market until around first quarter of 2021 while a lot have speculated we will keep having a red altcoins market until around late november.
Despite all these speculations, BTC just pulled out and looks like the rocket engines are still warming up for a more upward price actions. What do you all think about this situation? Please lets air our view.
I think there is no connection with US election to cryptocurrency. Some developing countries money use before election to motivate people but in US election, cryptocurrecy not use to motivate people. So how i can say in election purpas crypto market going to green?
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I dont think that the upcoming U.S election has a significant effect on the cryptocurrency price, and I'm wondering what was the connection, between politics and the crypto industry? Instead, base on the recent development, the U.S SEC has made the crypto companies worried about the current situation because the SEC has initiated a crackdown on all crypto platforms that were operated in the U.S.
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The price of Altcoin is currently quite low at the price is not as good as in 2017 the price really dropped so drastically I saw Altcoin not following Bitcoin in the past this decline made the price decrease the example like the ethereum price was actually low not having a high price like last year This makes Altcoin so low now.
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There are a lot of big investors or whales come from US. Maybe the speculation may not or could happen. However, Bitcoin and altcoins life remains the same. Bearish or bullish is not new in crypto industry, actually whether there is or none US election crypto is volatile and not dependent to any country. Cryptosphere can stand alone outside US or from any citizens.
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Most likely, the price of bitcoin is influenced not by the political situation in the world and not by the presidential elections in the United States, but by completely different factors. First of all, this is a favorable news background for the cryptocurrency.
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Whatever the outcome of the US elections will be, I am bullish about btc and crypto market, the US elections will more importantly impact the price of USD which a gain a couple percent but i see strength in crypto and with that i mean real parabolic bull run.
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Do the USA selection and altcoins prices having a correlation? To be honest, I don't see the correlation between them. They are quite different, moreover crypto market doesn't depend on the government policy. So, even if there is an effect on crypto market or altcoins prices, the effect should be quite small.
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I think there will have no influence on bitcoin and others cryptocurrencies market.
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What the American election has to do with changes in crypto prices, in my opinion has nothing to do. And this American election that will be held has no effect, Cryptocurrency prices change because of the supply and demand in the market and those who play in the Cryptocurrency market are people around the world who have no connection with the American elections.
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The US election is almost there. Many people think that this will also influence the market of cryptocurrency. Moreover, it is about many people that believe the BTC will increase highly again during the election. And personally, I also hope so. But how is the price down?
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Well it's not a new thing that political activities do have impact on the market, USA for that matter. The elections is getting closer Lets see how the situation unfolds and influence the market.
Yes we all know that election makes changes on market movement and USA elsction is near. We have seen that market started to move unpredictable way but still has a uptrend momentum. I think if Trump win it will be huge positive sign for crypto market and he has a great chance to win this time as well.
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There can be some gains after the election whatever the outcome for that. If there will be some violence on the streets, though unfortunate as they can be, cryptocurrency can be given the spotlight as a safe haven. Now, if the whole thing can be peaceful then it is possible that the same interest on cryptocurrency can be heightened. Whoever wins the White House does not matter much to all of us in this industry as no candidate (old as they are) put some focus for the cryptocurrency agenda.
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Running November two great news waiting for us,, Ethereum 2.0 platform will launch, American Donald trump elections. Both are very much important in our cryptocurrency market cap. But another issue is the digital yuan design by China governments support. All are create an impact on cryptocurrency market.
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I wonder how this US election affect the situation in the crypto markets. But somehow if it affects negative in the market the important is cryptocurrency had given chances to be heard by the world who are unaware about it.
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I don't know exactly what happens in US elections because I so rarely to read the news, but if connected to US I think will give an impact on bitcoin price, will pump or dump but don't worry every impact will end soon
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It looks like the US presidential election is indeed having a significant impact on the cryptocurrency market. Today the price of bitcoin quickly crossed the $ 14,000 mark and is now at $ 14,269. I do not yet see any other possible explanation for this growth than this election and the possible victory of Biden in them, since Trump has spoken negatively about Bitcoin several times.
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Maybe many people fear that the economy will be negatively impacted after the election, so they will tend to invest in crypto assets, especially BTC because BTC has a history of price increases after each election...
Just make sure that blockchain prediction and betting platforms will thrive after this event :)
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The Crypto market is not depend on USA Elections or any other elections. But it;s price ups and downs by the news of any remarkable change. As we know the the USA President can change then it can effect on our market particularly in its price range. It can be so high price or stable or low this is very common. In my personal opinion i don't want to say USA election can change our crypto currency world.
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Ethereum 2.0 already declared and released their smart deposit contact address and it is the first step. 1st December 2020, Ethereum 2.0 will finally launch. I don't think US election has any positive or negative impact on Bitcoin or altcoin price at this moment. No president of USA will declare Bitcoin or altcoins as legal so it will not put any impact on price. But Biden can be positive minded about crypto.
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While it's often the case that politics do have influence over the performance of stocks and even cryptocurrency due to the uncertainty that comes with the eventual result, this year's US election seems not to portend any negative effect on the crypto market.
Despite the tension brewing up in the US election, BTC and altcoins prices have continued to rise in recent days. This is surprising and awesome any way.
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Altcoin price increasing rapidly. Ethereum is the top altcoin and it's price increasing. It resume for bull run but waiting the green signal of USA election. Crypto Experts are occurred that if biden won in the USA election then Alta will start again and with in short of time it recover the price.
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I don't think the US presidential election has had a very significant impact on the global cryptocurrency movement. The increase in prices for cryptocurrencies at this time resulted from the recovery of the crypto market since its long slump.
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USA election is already over. And Biden has won. But I think any impact on the cryptocurrency market awaits the announcement of the US government. These are true silent continuous events. People spread these rumors. I think as many investors and successful people as there are in the market will not listen to these rumors. Because the last time I saw it, US President Donald Trump declared that he was not a fan of cryptocurrency. As a result, the popularity of cryptocurrency has decreased but the popularity of cryptocurrency has not decreased.
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I do not think that the US elections somehow influenced the cryptocurrency market, because we ourselves saw how the cryptocurrency market grew throughout 2020 and many cryptocurrencies showed good growth even before the US elections, so the US elections have nothing to do with cryptocurrencies this year, but now, in my opinion, another growth of the cryptocurrency market is expected till the end of 2020.
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BTC's price have recently broken a new high since after over a year now and this is amidst preparations for the upcoming november US elections.
A lot of experts in cryptospace have speculated differently on altcoins market situations as regards to the US elections, many speculated we are not seeing any green in the altcoins market until around first quarter of 2021 while a lot have speculated we will keep having a red altcoins market until around late november.
Despite all these speculations, BTC just pulled out and looks like the rocket engines are still warming up for a more upward price actions. What do you all think about this situation? Please lets air our view.
Correction dude, the election that was happened in the USA has no connection to the price of Bitcoin increasing these a couple of weeks now. And besides, the price of Bitcoin is not dependent on what is happening now in the US. Because have you forgotten that bitcoin is decentralized not centralized based system.
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If the cryptocurrency market reacted noticeably to the process and results of the US presidential elections, then it should have grown in recent days after the media unofficially announced Biden's victory. For cryptocurrency, this should be a better outcome than Trump's re-presidency. However, for the last four days, Bitcoin and the entire market have practically stood still. So I don't think there is such an influence.
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The cryptocurrency market is majorly moved by news and events. The USA elections took a toll on the crypto markets generally with only bitcoin and Ethereum actually holding strong and making appreciable gains in that time. I am confident that, once the election heat and aftermath dies down, we should see a strong rebound of the markets and the bullish trend following closely.
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BTC's price have recently broken a new high since after over a year now and this is amidst preparations for the upcoming november US elections.
A lot of experts in cryptospace have speculated differently on altcoins market situations as regards to the US elections, many speculated we are not seeing any green in the altcoins market until around first quarter of 2021 while a lot have speculated we will keep having a red altcoins market until around late november.
Despite all these speculations, BTC just pulled out and looks like the rocket engines are still warming up for a more upward price actions. What do you all think about this situation? Please lets air our view.
In my opinion, the crypto market has nothing to do with the USA presidential election. Because each of the presidential candidates has never talked about cryptocurrency or blockchain at all. So I think what is affecting the crypto market is that the current global economic situation has started to improve and investor confidence has started to form again.
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I wonder why there are still people trying to link cryptocurrency prices with the US election...
Bitcoin and some other decentralized coins will not be affected by the US elections. The price movements of decentralized cryptocurrencies are purely due to market demand.
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The American elections ended peacefully and the victory was won by the new President who supposedly supported Bitcoin and Cryptocurrency, of course this is good news in the Crypto world. Actually it is true that the United States Election has nothing to do with Cryptocurrency, but this good news could be a trigger for an increase in the price of Bitcoin in the future.
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We should stop talking about USA election anymore, it was over already. Bitcoin or altcoins trend is still the same, even there is an impact of USA election on crypto market, but it is not a significant impact. Crypto market isn't controlled by USA government, it is decentralized and surely no pressure from any parties. The price of Bitcoin or altcoins will always depend on the demand on the market.
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So far, the market is really influenced y the news of the US election. Now it is clear that Biden is the winner. And what is the correlation and also influence the crypto market? Will it be better and make another bull run again after these market corrections?
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The US election is ongoing and the presidential election has been decided, I congratulate the citizens of the US on a successful election and have a new president.
The election or presidential election has a big impact on a country, even an economy that is experiencing a recession can recover because of a positive statement from a president.
From year to year Cryptocurrency has developed rapidly and I think some big countries will make good decisions for the advancement of cryptocurrency, for example Americans are prohibited from participating in new ICO,I just hope what if there are new regulations there that allow Americans to participate in ICO or new IEO. this will definitely drive new volume in the crypto market cap and we will see an upward trend in altcoin prices as there are many new investors who want to invest in crypto
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We should stop talking about USA election anymore, it was over already. Bitcoin or altcoins trend is still the same, even there is an impact of USA election on crypto market, but it is not a significant impact. Crypto market isn't controlled by USA government, it is decentralized and surely no pressure from any parties. The price of Bitcoin or altcoins will always depend on the demand on the market.
The crypto market is not controlled by the US government, but there is little impact on the price of bitcoin when the president says something, so it's only natural that the outcome of the US presidential election is eagerly awaited by all cryptocurrency enthusiasts,
the price of bitcoin and altcoin can only be formed with good news or issues, because these two things will shape market demand.
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Electoral vote already finished and running president Donald trump already defeated. But I think American elections don't affect Cryptocurrency on big parts but they have a little bit influence. President Donald trump said I am not fun of bitcoin and others Cryptocurrencies. Which has no impact on Cryptocurrency.
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Many say the crypto market will be down if Biden wins. But we all know a trump is an anti-crypto person. So after Biden wins we have seen that the crypto market gain momentum again and BTC hit the $16k mark.
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The cryptocurrency market is majorly moved by news and events. The USA elections took a toll on the crypto markets generally with only bitcoin and Ethereum actually holding strong and making appreciable gains in that time. I am confident that, once the election heat and aftermath dies down, we should see a strong rebound of the markets and the bullish trend following closely.
That's why this market is move by speculation, the way things are going, it seems the steam aren't dying down anytime soon. Perhaps the big fomo want to kick in and btc with major altcoins want to make another run to new all time high.
I hope this time, traders learn to take profits and don't get hook on excitement, no 9me can tell when the market cycle may complete.
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There is two news that probably influences the price of crypto so far. The positive impact from PayPal that lead the Bitcoin has creasing price after the release of the news.
And until now the price keeps increasing because of the issues related to the US election. Will the election really give the chance and also an appreciation for this?
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Bitcoin price in coinmarketcap shows a positive outlook. I suspected that the price will dump after the election, my bad I was wrong on my own opinion. Bitcoin is stable around $15k which I think will gonna increase before the end of November. Although the market always fluctuating, it seems this year the ending looks good.
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Indeed this is a condition behind the best. Because the current bitcoin price has really gone up. And this increase happened so fast. This of course affects the US economy as well.
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I believe that what happened in the US really gives influence to the crypto world. Some days ago, the price of USDT is very dropped and any role can be at the very rate low ad also with the USA election, the news is everywhere. Here, do you think that every altcoin is also caused by that election?
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In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated? I is interested f day so actually moreove rin the crypto world. If it is about the USA election, today the process has ended and many people will really be ready with the new feature and development of this island
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In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated?
If the USA election has an impact on the overall cryptocurrency price I agree, but if specifically for ethereum I disagree due to the rise of ethereum the last few weeks due to ETH 2.0 update,
many investors prepare to become validators by only having 32 ETH.
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In my opinion, ETH price is incresing after the annuncement of the US news. Is it relaly correlated?
If the USA election has an impact on the overall cryptocurrency price I agree, but if specifically for ethereum I disagree due to the rise of ethereum the last few weeks due to ETH 2.0 update,
many investors prepare to become validators by only having 32 ETH.
it could be that what you say about the US president election affects the price of crypto is a truth that currently bitcoin is increasing, but not for altcoins it seems that altcoins are surprised by the fast movement of bitcoin. but it is certain that altcoins will also follow to increase.
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The US election will have no effect on cryptocurrency. Biden has won the current US election. Donald Trump announced long ago that he is not a fan of cryptocurrency. It had no effect on cryptocurrency. Cryptocurrency will not depend on the support of any president in the future. The trend of cryptocurrency improvement will continue.
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The 2020 USA presidential election did not really have an impact on the bitcoin price. The price kept growing on an organic scale despite the uncertainty that followed the election. Cryptocurrency is gain huge global recognition.
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Since there are plenty of cryptocurrency traders and investors in the United States. There are a lot of cryptocurrency transactions in the United States. The United States has a much better economy than any other country in the world. Cryptocurrency plays a role in keeping this developed economy afloat. So I think if the President of the United States announces that he supports bitcoin or cryptocurrency. Then you can go further. However, if it is declared against, there will be no downward effect.
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alts have been struggling a lot and only few have excel, I won't be surprised by this trend because there were so many alts in the marketplace. only those who have a good foundation would stands amidst this competition among all alternative coins.
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The price of Bitcoin rose a few days ago. There is a possibility of growth even now. However, the US election is not responsible for the rise in the price of Bitcoin. Digital currency transactions have increased a lot around the world. As a result, the demand for Bitcoin is constantly increasing. Bitcoin is being used as a digital medium of transaction for trading all over the world. This is why the price of Bitcoin has increased.
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Actually no crypto is dependent on any particular country election. It is only depend on the buy order basically. USA election can be happen and here one impact can be imposed on the price. Other wise nothing.
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Moving away from cryptocurrency could wreak havoc on the US economy. There are lots of investors and traders out there. Those users may be harmed. If cryptocurrency is banned inside the country, it will never be established. Because there are a lot of cryptocurrency users in a country. So I don't think cryptocurrency depends on the president of the United States.