Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Quantum X on November 04, 2020, 09:24:41 AM
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It was just $709 during the 2016 US election. But after that the digital currency market economy is hovering at around $388 billion and the return of investment (ROI) of btc is around 1802%.
That is why many believe that bitcoin price will rise after the US election. More here (https://news.bitcoin.com/bitcoin-volatility-expected-to-rise-after-the-us-presidential-election/).
Do you think now is the perfect time to invest in bitcoin?
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Yes, I am on this same conviction. The aftermath of the election whether the White House can be taken again by Trump or by Biden will definitely be a very positive to Bitcoin and I would say even the whole cryptocurrency marketplace. Trump is not generally a big threat to Bitcoin despite some misguided pronouncement and Biden is safe for Bitcoin also --these two are in their 70s, so we can understand that they are both not that really interested with Bitcoin nor are they expressing some strong opposition just like what the strong leader of China has.
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Trump announced his negative attitude towards Bitcoin and other cryptocurrencies, and with Trump's re-election, the rise in BTC will occur more slowly. Biden stated that he does not own BTC, so it is difficult to judge his attitude towards the first cryptocurrency. Nevertheless, many believe that no matter who is the president of the United States, BTC will still take away its title of the main store of value from gold.
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It is, of course, difficult to say what will happen with the price of bitcoin after US elections, but I think certainly nothing bad will happen, but since the price of bitcoin has only been growing all this year, it is likely that after US elections the price of bitcoin will continue to grow, but investing in bitcoin now at such price will be difficult, because in order to get a good profit later from investing in bitcoin, you need to invest in bitcoin at least a few thousand dollars right now, and of course for whales now is a good opportunity to start investing in bitcoin.
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The result is quiet exciting who wins between Republicans and Democrats parties. Nevertheless, in relation to Bitcoin the after shock of election seems not cruel. In fact, it is possible that we can see increase after the event of course we know the unclear vision of market condition.
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I do not know yet if this is connected with the current elections in the United States, but now the price of bitcoin in the CoinMarketCap table is indicated at $ 14,044. Recently, bitcoin has almost stabilized in its price with a simultaneous smooth growth. If last night I saw its price of 13,782 dollars, then today there was such a sudden rise in which it quickly crossed the mark of 14,000 dollars. Perhaps, during the day, information will appear about the reason for its growth. However, of course, the majority will associate this with the US elections. Biden was winning there, and Trump, an open opponent of Bitcoin, was losing.
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Now the price of bitcoin is already $ 14,295 and continues to grow. It is possible that such an increase is associated with the elections in the United States and the alleged defeat of Trump, who has already spoken out negatively about Bitcoin several times. Ethereum's success is much more modest. Having risen to $ 404, its price actually stopped growing. The events are quite interesting so far.
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IMO, I think there's no connection with that? politics is not related to the crypto market so it's not relative.
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of course the price will skyrocket because this will have a good influence on the price movement of bitcoin, so it's best to keep buying bitcoin and make the most of it.
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In my view, it can be considered as the good fortune of bitcoin as the result of the US election is approaching, the value of bitcoin is increasing rapidly and has reached $14958. While the current president's attitude towards bitcoin has been negative.
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What is the relation of US election with Bitcoin?
Are they the owner that they can trigger the good or bad flow of Bitcoin value?
Btc is completely independent and not bounded to any political agendas and dynasty. It flows in unexpected way no matter how beautiful your predictions.
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Yes you are right now election finish Drump lost market pump.
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Do you think now is the perfect time to invest in bitcoin?
If you want to buy bitcoin, now is not a good time to do so. At any time, the price may collapse after a mass sale of BTC. It's easier to be out of the market now and make a purchase when the price is adjusted.
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IMO, I think there's no connection with that? politics is not related to the crypto market so it's not relative.
The monetary system has always been and will be a part of state policy. Whoever controls finances has real power in the state. Since Trump had previously spoken negatively about Bitcoin several times as President of the United States, his election or not election should affect the cryptocurrency market. Therefore, it is quite possible that Trump's likely defeat in the current election gave a good price impetus to the further growth of the cryptocurrency market.
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It is true, investing in bitcoin is now the most appropriate time. Where this is a party for bitcoin holders. Since the price has now even touched $ 15,000, It will probably repeat last 2017. It's really extraordinary.
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It was just $709 during the 2016 US election. But after that the digital currency market economy is hovering at around $388 billion and the return of investment (ROI) of btc is around 1802%.
That is why many believe that bitcoin price will rise after the US election. More here (https://news.bitcoin.com/bitcoin-volatility-expected-to-rise-after-the-us-presidential-election/).
Do you think now is the perfect time to invest in bitcoin?
I do not mention here for election but i think investment time in BTC is always and all time. Because it is true that market has ups and downs every time but when it up, i did not find anything else that one night cross 1k$ and that is only BTC . So there is no time boundless for BTC investment just keep patience when market down and wait for some days.
thanks.
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Big investors pay attention to what the governments of developed countries announce. If the government of a developed country announces a currency, the currency and the government of that country support the currency. Then the amount of investment in the market increases many times faster. An increase in the amount of investment in the market must be the ultimate value of Bitcoin. So I think the US election will have some effect on Bitcoin. However, if the announcement supports then the price can be increased many times more.
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The US presidential election has had a major impact on the price of gold and the dollar this year too this effect is already being seen in the world market the dollar fell on reports that joe biden was ahead in next month's presidential election The dollar is at its lowest level in the last three weeks. The dollar fell in the international market as it has always been a safe means of investment when the stability in other sectors of trade and commerce comes down the safe means of investment in gold increases financially or institutionally despite the impact on bitcoin the high price of bitcoin will increase the price of bitcoin after the us election.
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I think this is the oerfect time to invest bitcoin. Meanwhile in 2016, bitcoin only values at $706 that's roughly low. However, this year the possible or potential orojectile of bitcoin value is $20,000 by the end of this year 2020.
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It was just $709 during the 2016 US election. But after that the digital currency market economy is hovering at around $388 billion and the return of investment (ROI) of btc is around 1802%.
That is why many believe that bitcoin price will rise after the US election. More here (https://news.bitcoin.com/bitcoin-volatility-expected-to-rise-after-the-us-presidential-election/).
Do you think now is the perfect time to invest in bitcoin?
No, I think the bitcoin price is so high now. Although many prediction bitcoin will hit 20 k USD, I think It is risky. Because bitcoin is unpredictable , I personally prefer Invest and buy more altcoin. Because after bitcoin season will come altcoin season.
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I agree that this is the right time to invest in Bitcoin, because I see Bitcoin price movements recently as quite positive. But I don't agree that the Bitcoin price increase has anything to do with the United States elections, I think it has absolutely nothing to do with it. Bitcoin has been predicted that the price will be bullish at the end of 2020 or in early 2021, so now is the right time to invest in Bitcoin.
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It is true, investing in bitcoin is now the most appropriate time. Where this is a party for bitcoin holders. Since the price has now even touched $ 15,000, It will probably repeat last 2017. It's really extraordinary.
There's nothing wrong of hoping that the last bull in the year of 2017 will happen this 2020 of just before the end of it. My advise is don't rely on it but rather be wise in hoping just to make yourself secure from any lost opportunity or even the fund.
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I agree that this is the right time to invest in Bitcoin, because I see Bitcoin price movements recently as quite positive. But I don't agree that the Bitcoin price increase has anything to do with the United States elections, I think it has absolutely nothing to do with it. Bitcoin has been predicted that the price will be bullish at the end of 2020 or in early 2021, so now is the right time to invest in Bitcoin.
I agree with your opinion, Before US election may investor have predicted bitcoin will bullish at end it this year or early next year. So I think US election not affect the bitcoin pump. Bitcoin halving is the main reason why bitcoin is increasing now.
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It seems to me that the increase in the price of Bitcoin has nothing to do with the US presidential election. In fact, investors in Bitcoin have increased, the volume of trades has increased, so the price of Bitcoin has increased. Earlier in 2017, the price of Bitcoin increased even more. I hope that the price of Bitcoin will soon break the record of 2017.
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I don't see the rational correlation between US elections and the price of bitcoin. The time has always been right to invest in bitcoin, just play it safe and make good use of a good multi-coin wallet like the application from https://atomicwallet.io/ which is truly decentralized thus users have exclusive access to their private keys.
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Since the US presidential election, cryptocurrency has become a hot topic among users. The US presidential election could play a key role in the cryptocurrency market. Because America is a developed country. Investors from all over the world and presidents of all countries look at the developed countries, they are able to discover new ones. The aspect of popularity is a big thought. If the president of a developed country declares that bitcoin or cryptocurrency is a blessing for all users of that country. Then the price of Bitcoin is likely to increase a lot. Because most of the people in developed countries have confidence in the president of the country. These statements have dominated the posts of all users. I agree with them. Biden is currently elected. Of course we have to be patient to see how much the situation in that country favors cryptocurrency.
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It has been pump to much then 3 year later hit price is 16k.
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After all, the elections in the USA affect the price of bitcoin - in general, there was a positive impact and the price increased, but Trump does not believe in his defeat and did not invite Biden to the White House, as tradition requires. I also heard that Trump's lawyers are preparing lawsuits in courts demanding a recount of votes - this is precisely what they associate with the fall of Bitcoin in the morning.
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We know that bitcoin is one of the most popular crypto in the world.we know that bitcoin price is growing at another coin.In fact, investors in Bitcoin have increased, the volume of trades has increased, so the price of Bitcoin has increased.so we can told that bitcoin price increase cause does not election.
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Many believe that the price of bitcoin has started to rise due to the US presidential election. Many people think that Joe Biden is a big investor in Bitcoin. However, since the election, the price of Bitcoin has been rising faster. Bitcoin broke all previous records and reached a maximum of $57,000, but now the price has dropped slightly. I don't think Bitcoin's price has risen as a result of the election, because the rise or fall of a coin depends largely on the demand of investor traders.
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I wonder when this was several months ago. many negative and positive issues happened because of this election. Well, and now, it is bullish time. Actually, within or without the election, this time is the phase for the bullish market I think. SO, this is one of the fundamentals.
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Some experts believe that Biden Era can bring positive impacts for Bitcoin and altcoins. It is caused by the friendly and nice personality of Biden. Experts think Biden won't be a person who wants Bitcoin and altcoin to ban after helping many people in USA. We know that many people there got their income from Bitcoin and altcoins as well.
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Now many people think that the reason for the increase in bitcoin price is the US election. It is now seen that the largest companies in the world are trading bitcoin. The governments of all the developing countries in the world are legalizing Bitcoin and they are also investing in Bitcoin. Maybe that's why the price of Bitcoin has risen so much.
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Some experts believe that Biden Era can bring positive impacts for Bitcoin and altcoins. It is caused by the friendly and nice personality of Biden. Experts think Biden won't be a person who wants Bitcoin and altcoin to ban after helping many people in USA. We know that many people there got their income from Bitcoin and altcoins as well.
What you say has become a byword and story everywhere that the current president really understands and knows more about bitcoin. So that there is no need to worry too much, it can be ascertained that so far bitcoin and altcoin have helped the people of USA a lot. because as the head of government, he should be able to provide support and provide facilities that are indeed useful for the community, not precisely by banning it, because there will be an impact on the protests that will occur.
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Bitcoin prices have risen sharply since the US election. The main reason for this is because of the new elections in America. As soon as the cryptocurrency market is affected by anything, their prices start to rise sharply.
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The US election did not affect the price of bitcoin. So the topic is very old. So I think the topic should be closed for our community to discuss it. The price of Bitcoin does not depend on any particular country or nation. But if the richest people and organizations in the world make good comments and support about Bitcoin. Then the price is likely to go up
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The cryptocurrency market was down for a long time. The bitcoin market was also down a lot. But after the election in the USA, the cryptocurrency market continued to rise and the price of bitcoin began to rise sharply. And the rise in bitcoin prices is still continuing. So everyone thinks that the US election has an effect behind the increase in the price of Bitcoin.
I think now is not the time to invest in Bitcoin. Because the price of Bitcoin is much higher now.
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When the cryptocurrency market suddenly started to rise, there was a US election at that time, which is why everyone thought that maybe because of the election, the bitcoin price is rising so much. This topic is very old but I think the Bitcoin price did not increase due to the election. Bitcoin has a lot of investors, yet those who are investing are the most popular people in the world, and many companies are accepting Bitcoin transactions because Bitcoin prices are rising.
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I don't think the US election The value of bitcoin has not increased or had any effect on you. Rather, I think the value of bitcoin is increasing due to investment.This means that the number of investments in Bitcoin has increased. And a lot of people are investing in this platform. That is why the price of bitcoin is rising.
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It seems to me that since the appointment of Joe Biden as President of the United States instead of Donald Trump, the value of bitcoins has been steadily rising.But it's not just that the price of bitcoin is rising because of the change in power.I am grateful to the investors of Bitcoin who have kept the wheel of Bitcoin in motion by constantly investing in Bitcoin.
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I wonder when this was several months ago. many negative and positive issues happened because of this election. Well, and now, it is bullish time. Actually, within or without the election, this time is the phase for the bullish market I think. SO, this is one of the fundamentals.
Many believe that since Biden is love by many Americans and always want to fight for American citizens, they also thought he may fully as well call for bitcoin as alternative but I wasn't disappointed, at least he never hate bitcoin or cryptocurrency unlike Donald Trump :'( ;D
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Yeah, however, this also influences the market and fundamental is the best choice that may happen after certain issues. Like what happens to the price of Bitcoin after the election, they really have a higher and higher influence on the Bitcoin price. But of couse, it is also influenced by the halving and also others.
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I wonder when it will rise again. The election and its effects are long past us.
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The U.S. election took place in late 2020. Immediately after this election, there has been a huge change in the cryptocurrency market. The impact of the US election was felt in the cryptocurrency market. Due to which the prices of currencies increased significantly. The price of Bitcoin then went from 19,000k to 45,000k and is now there.
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US election ended 3 months ago. So discussion in this topic is unnecessary. This topic has been locked.