Quote from: aubert on November 27, 2016, 12:04:33 AM

Quote from: Hugroll on November 25, 2016, 10:20:47 PM

Quote from: tyz on November 10, 2016, 11:06:14 AM

Since the election of Trump to the new US President yesterday, many questions about Bitcoin arise.

Will he promote Bitcoin and make it a breakthrough? Will he even officially ban Bitcoin? Will he make such a bad economic (and monetary) policy that Bitcoin will be seen as an alternative for many?

What do you think, what will a President Trump mean for Bitcoin?

i doubt it changes anything for bitcoin, until he announces any changes for digital currencies that is. But when he won the election we saw a huge spike in the price of bitcoin because everyone was switching currencies to bitcoin.

Definitely. When he was getting elected the rate of USD is dumped hence people getting worried and then save it in the form of bitcoin. Though this not last so long and the US could recover their economy in just a few days afterwards. i guess the price was increased not only because the falling rate of dollar

It was as only for a few brief moments that the US dollar went down when Trump was announced the winner:

After that, it rebounded strongly and started to climb to its multi-month highs over 100. It is interesting to note that before the elections results were announced, the dollar had been slowly declining that reflected the expectations of the markets that Hillary would win. After these hopes were buried, the dollar started to get momentum since people were moving their money from stock markets into it, the latter obviously being seen as a safe haven...

Bitcoin seems to have profited from that too