Post
Topic
Board Bitcoin Discussion
Re: American election is nothing to do with BTC
by
dikobraz123
on 10/11/2020, 20:31:01 UTC
Bitcoin is far to powerful now that one country (no matter how mighty) can have significant impact on his price. Bear in mind that most of the mining farms are outside of the USA.
And, the future US president has far to many domestic (Covid 19, civil unrest) and foreign (Russia, China, Iran) problems to put Bitcoin in its crosshairs.
Also, it appears that smart money is entering Bitcoin:

https://cointelegraph.com/news/silicon-valley-and-smart-money-are-behind-this-bitcoin-rally-data-suggests

So, the price movement in coming months shouldn't be a mistery. Smiley