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Author Topic: The price of bitcoin after US election will rise  (Read 4430 times)

Offline Quantum X

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The price of bitcoin after US election will rise
« on: November 04, 2020, 09:24:41 AM »
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.

Do you think now is the perfect time to invest in bitcoin?

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The price of bitcoin after US election will rise
« on: November 04, 2020, 09:24:41 AM »

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Re: The price of bitcoin after US election will rise
« Reply #1 on: November 04, 2020, 09:50:08 AM »
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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Re: The price of bitcoin after US election will rise
« Reply #2 on: November 04, 2020, 02:17:49 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #3 on: November 04, 2020, 03:07:45 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #4 on: November 04, 2020, 05:36:49 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #5 on: November 05, 2020, 03:25:42 AM »
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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Re: The price of bitcoin after US election will rise
« Reply #6 on: November 05, 2020, 05:49:42 AM »
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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Re: The price of bitcoin after US election will rise
« Reply #6 on: November 05, 2020, 05:49:42 AM »


Offline Ace H Knows

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Re: The price of bitcoin after US election will rise
« Reply #7 on: November 05, 2020, 07:53:06 AM »
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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Re: The price of bitcoin after US election will rise
« Reply #9 on: November 05, 2020, 04:05:10 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #10 on: November 05, 2020, 04:40:53 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #11 on: November 05, 2020, 04:51:01 PM »
Yes you are right  now election finish Drump lost market pump.
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Offline AllSii

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Re: The price of bitcoin after US election will rise
« Reply #12 on: November 05, 2020, 05:56:27 PM »
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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Re: The price of bitcoin after US election will rise
« Reply #13 on: November 06, 2020, 05:15:51 AM »
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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Re: The price of bitcoin after US election will rise
« Reply #14 on: November 06, 2020, 06:21:44 AM »
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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