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Author Topic: Cryptocurrency Under Biden or Trump  (Read 7120 times)

Offline TomPluz

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Cryptocurrency Under Biden or Trump
« on: November 03, 2020, 04:17:40 AM »


I am right now closely watching the many developments in the USA 2020 Presidential Election and the way I analyze is that this is going to be a close election as there is no sure way to find if the polls are really reflective of the sentiments of the people.

So far, there is no noise in the cryptocurrency industry either supporting or rejecting any of the candidates. In other words, maybe the feeling is that whoever wins the White House will not matter much to all of us. Biden can win if more people will be turning out and vote for the Democrats tomorrow. Trump can win if there will be a big surge on the Republican side.

Do you think that cryptocurrency can be better if Biden is on the White House or maybe the same can also be said on Trump?


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Cryptocurrency Under Biden or Trump
« on: November 03, 2020, 04:17:40 AM »

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Re: Cryptocurrency Under Biden or Trump
« Reply #1 on: November 03, 2020, 07:29:48 AM »
So far, we have seen that Trump was not a big fan of cryptocurrency. Moreover, he spoke negatively in her direction several times. Therefore, today's US presidential election should not negatively affect the cryptocurrency market. I do not know Biden's position in relation to cryptocurrency, but I think that it will not be worse.

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Re: Cryptocurrency Under Biden or Trump
« Reply #2 on: November 03, 2020, 11:12:43 AM »
I don't think it will matter much unless stock market crashes, we might see alittle downside for a short period of time.

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Re: Cryptocurrency Under Biden or Trump
« Reply #3 on: November 03, 2020, 12:29:03 PM »


I am right now closely watching the many developments in the USA 2020 Presidential Election and the way I analyze is that this is going to be a close election as there is no sure way to find if the polls are really reflective of the sentiments of the people.

So far, there is no noise in the cryptocurrency industry either supporting or rejecting any of the candidates. In other words, maybe the feeling is that whoever wins the White House will not matter much to all of us. Biden can win if more people will be turning out and vote for the Democrats tomorrow. Trump can win if there will be a big surge on the Republican side.

Do you think that cryptocurrency can be better if Biden is on the White House or maybe the same can also be said on Trump?

IMHO, I believe that no matter what will be the results and no matter who will become the winner wether, it's Trump or Biden it doesn't change the fate of the crypto industry even during Trump's time the US SEC is busy doing the cracked down on all crypto platforms that was doing business in the US territory and I think that approach will continue no matter what who will become the next U.S President. and thats my opinion about it.

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Re: Cryptocurrency Under Biden or Trump
« Reply #4 on: November 03, 2020, 12:38:56 PM »
There is a lot of anticipation around the impact of the US presidential election on the crypto market, but I believe that doesn't have much value because at least for now, no one has expressed support or prohibition on crypto in the campaign.
I support Trump, because I believe he is more capable than Biden in the ability to run the country. Trump can help the US economy grow, that is the most important driving force. And fiat or crypto are just payment methods in economy.
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Re: Cryptocurrency Under Biden or Trump
« Reply #5 on: November 03, 2020, 01:09:55 PM »
In my opinion cryptocurrency place is not run by our fellow American people that will instantly close if they wanted to. Maybe they are big part of this ecosystem but they cannot stop crypto currency whoever wins the presidential election. Neither Biden or Trump cryptocurrency can stand even in the midst of void and it will flow the same volatile as today. I think the whole accurate answer of your question will be in the future after all of these.

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Re: Cryptocurrency Under Biden or Trump
« Reply #6 on: November 04, 2020, 04:11:08 AM »
Cryptocurrency under American election,, i don't believe it completely because cryptocurrency not depend on any individual countries, person or any issues. America a big part of cryptocurrency, so election may create a little bit impact on cryptocurrency market.
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Re: Cryptocurrency Under Biden or Trump
« Reply #6 on: November 04, 2020, 04:11:08 AM »


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Re: Cryptocurrency Under Biden or Trump
« Reply #7 on: November 04, 2020, 01:42:04 PM »
I don't think cryptocurrency has the effect between of Trump or Biden. The crypto population is widespread around the world not concentrated in America.
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Re: Cryptocurrency Under Biden or Trump
« Reply #8 on: November 04, 2020, 02:08:18 PM »
Any candidate that win doesn't matter, cryptocurrency are meant to be decentralised with out central authority. If Biden should Win, don't expect anything from him. He might be cool now to get sympathy and gather votes, he will change the moment they elect him.
I'm only after how to ease regulation impose on the use of cryptoassets, if today cryptocurrency is legal in US, the market will become ever green.
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Re: Cryptocurrency Under Biden or Trump
« Reply #9 on: November 04, 2020, 02:29:15 PM »
I feel the cryptocurrency in the US would be better if Biden were to lead the US...
Trump is known for his harsh speech and hates cryptocurrencies, so if Trump remains president then cryptocurrencies will not have a big chance in the US.
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Re: Cryptocurrency Under Biden or Trump
« Reply #10 on: November 04, 2020, 05:17:43 PM »
Cryptocurrency is decentralized but the price itself can be influenced by several things such as politics, this is a reasonable market sentiment. I think the victory of one of the candidates will have quite a significant impact on cryptocurrency prices. Stay aware of the results later.

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Re: Cryptocurrency Under Biden or Trump
« Reply #11 on: November 04, 2020, 06:17:07 PM »
During the Trump's tenure we have heard his statements about butcoin and crypto quite a few times that were nothingbmore than a fud and he has also not proven to be pro crypto.
Now that Biden's win is on the cards i expect he will be pro crypto so markets can go crazily bullish and i think this can prove to be stimulus for parabolic run.

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Re: Cryptocurrency Under Biden or Trump
« Reply #12 on: November 04, 2020, 06:24:19 PM »
For now we cannot conclude between who will have a positive impact on the cryptocurrency market. What's more, the two candidates, barely talked about cryptocurrency in the past. So I think that between Biden and Trump who will become president of the US will not have a significant impact on the cryptocurrency market.
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Re: Cryptocurrency Under Biden or Trump
« Reply #13 on: November 04, 2020, 08:23:56 PM »
Cryptocurrency was not built for the two. What ever comes out that election cryptocurrency will still have the final say. Cryptocurrency is evolving and it will always boom
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Re: Cryptocurrency Under Biden or Trump
« Reply #14 on: November 04, 2020, 08:39:49 PM »
I dont think that Biden is a supporter of cryptocurrencies, most likely he is either neutral or generally negative about cryptocurrencies like Trump and it does not matter who will become the next president of these two, because I do not think that in their main lists we can find something about cryptocurrencies, well, or in their lists it is only possible to find sketches about how to make more money from cryptocurrencies by taxes and other things, so no matter who will win, I think USA will have the same opinion about cryptocurrencies as in recent years.
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