Quote from: jaberwock on January 27, 2017, 03:16:24 PM

Quote from: abz99 on January 27, 2017, 12:48:09 PM

According to Arthur Hayes, Co-Founder & CEO, BitMEX

selling pressure will continue until mid-February, until if one of these three following black swan events transpire before the expiry of March 2017 futures:

   1. The PBOC aggressively devalues the Yuan

   2. Marine Le Pineapple Pen is polling well in French elections

   3. Trump passes a massive infrastructure spending bill

source: BitMEX Crypto Trader Digest Jan 27, 2017

what is the relation between Marine Le Pen polling well in France and the price of Bitcoin?

I could understand Trump having some influence in the price, but France's economy is nothing close to US's one and I don't see any anti or pro Bitcoin stance coming from her party

also the US debt still is too big, will he be able to pass such bill in the next few weeks?

Because Marine Le Pen is a hard-right anti-EU nationalist and her election would probably result in "Frexit" and thereafter the rapid implosion of the European Union and the end of the Euro currency.