Quote from: Japinat on July 18, 2019, 11:43:53 AM

Quote from: Paulinerims on July 18, 2019, 06:46:13 AM

I got a feeling that all that hype from Libra impacted on the gains of bitcoin price. Is the slump this week weighted on the bad media comments about Libra?

We can also consider that, the time Libra was announce, Bitcoin pump and reaches a good price, now that it was criticized, Bitcoin also fall.
However, I don't think Libra will be stop here, they will comply with the requirement of the regulators then they will launch, maybe there are some unexpected delays but I'm sure they will launch successfully in time.

If Libra has a big influence on the bitcoin market, then the Libra rating should be bigger than bitcoin and we can say Libra is the new king. But here I don't agree with that, yesterday's fall in bitcoin prices was purely a trump criticism of bitcoin.

Yes, I am sure Libra will indeed comply with all banking regulations and rules in the US like other banks. And the trump cannot say that libra is not a currency, as long as libra complies with all banking policies, libra is worthy of being called a currency, so now we just wait until the libra is launched.