Some guys in the area are saying that Trump is the reason why Bitcoin got to $100k last year and even surpassed it this year. Do anyone of you here have same thought?
In my opinion, wiithout the US presidential election, Bitcoin would have still surge to $100k last year or this year. There's no reason to give unnecessary credit to Trump as the god that made it possible for Bitcoin to quickly catapulted to $100k. Do you agree with those people that are giving credit to Trump? What do you have to say.
We can't blame others for praising Trump because the pump is in perfect timing. We are not sure if he is really the one who caused the pump, but we can't deny that every time Trump and the US announce something about Bitcoin, the price course changes (positively/negatively). Of course, we are never urged to believe that, but other individuals do for some reason.
Whether they are right or wrong in their assumptions, at least people earned some profit from the sudden pump. That is from their personal thoughts, and I respect them. But honestly, the news could influence the market.