Post
Topic
Board Speculation
Re: Will Bitcoin break $2000? because of Trump?
by
manselr
on 22/01/2017, 17:15:23 UTC
I think this fact will happen in this year. After Trump 's inauguration , Bitcoin price is rising up higher and it's quite closer to 1,000$ price. it seems the world economy is ready for new crisis when USD is down badly with Trump's decision and it has effected to bitcoin price immediately.

what you are saying is highly speculative. and i have been hearing it for many years about USD value dropping and failing economy of US, and i am not saying it is never going to happen but i have never seen any valid argument and it has not yet happened

In fact, you just haven't been watching closely enough

Most likely, you refer to the ultimate dollar collapse which is a speculation bordering on wishful thinking or outright bullshit, but if we refrain from sweeping assertions and start talking about the dollar value behavior, this is exactly what happened during all 2000s. You can see that yourself at the historical USDX value chart below which shows the value of the US dollar against major currencies over time



As you can see, the dollar still has a lot of room to go down

Both the dollar and other indicators like S&P500 and other big indexes are bubbled and will soon start crashing. We are at the verge of a new economical collapse and it's going to be fun when shit hits the fan since if you did your homehork you should be all in on bitcoin by now.