Quote from: aioc on November 11, 2020, 01:59:20 AM

Quote from: Abiky on November 10, 2020, 01:09:26 AM

After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months.

The uncertainty will come after he made an announcement that he is against Cryptocurrency, I'm sure, the administration team will do a study of Cryptocurrency if it is beneficial to everybody, and of course it is beneficial, we should not speculate this early, the market is bouncing back we must not feed negative on it, we'll wait for his announcement while waiting, it's business as usual for us.

Yes, because there hasn't been an official decision that states Biden is against or supporting him. perhaps right now the challenges that will be taken up by the new president are the real economy in America and the handling of Covid 19. As for cryptocurrency, Biden will form a special team to make a mutual agreement. if this provides a big advantage for the American economy, automatically Biden's alignments with crypto will be even better. the most important thing is to wait for the strategies and solutions that Biden will take.