Post
Topic
Board Speculation
Re: How much do you think the President’s recent comments have hurt bitcoin prices?
by
Japinat
on 16/07/2019, 22:54:50 UTC
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

The crash began the day before he tweeted anything. Maybe it encouraged some more people to sell, but it looks like the wheels were already in motion. Easy come, easy go -- that's the way I see it. Price was literally in the $7,000s last month. Smiley

I agree with the attitude that it's actually a very bullish long term sign. 5 years ago, could you have imagined the US President discussing Bitcoin? And the Treasury Secretary holding White House press conferences about it? It doesn't matter what their opinions are -- Bitcoin clearly isn't going anywhere. It's only going to get bigger.

I agree with that, the current dump is just a temporary reaction from weak people and was also taken advantage by the whales.
I'm seeing at the big picture here like the future and it doesn't matter if there will be dump to come as I know the market can survive.
At this time, bitcoin is already trading below $10,000,$9500 to be exact.