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Topic
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Re: The price of Bitcoin the last time we had a presedential debate
by
Mauser
on 11/10/2020, 18:01:03 UTC
https://twitter.com/Travis_Kling/status/1311101954949443584

This tweet gives me a good chuckle, 2016, the price is below $1k, and now the the US has again, had their first Presidential debate, the price is well above $10k, so that's more than 10x gain in four years.

Wonder what will be the next price four years from the next Presidential debate? could the pattern repeats itself.


Does this mean Trump was good for Bitcoins?  Cheesy Let's hope Bitcoins is not going back down to $1k when Biden wins. But honestly I don't think the debate had a big impact on the bitcoin price. Overall elections are usually good for the economy and will also results in higher bitcoin prices.  And usually I would expect Democrats to be better for the tech and crypto sector than the Republicans.

My best guess for the next debate in 4 years would be to see bitcoins up to $20,000. It doesnt seem likely to have any price below $10k.