Quote from: Tapyaks72 on July 14, 2019, 09:41:46 AM

Quote from: mrkavasaki on July 14, 2019, 09:02:05 AM

Quote from: Jpti on July 12, 2019, 08:19:52 AM

How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency?

I read his tweets on Twitter, he tweeted up to 3 times, about crypto and Libra. But it still doesn't affect the market much more than a small dump of BTC. It is similar to what China has done with crypto, they completely block ICOs and exchange in their countries. But eventually BTC increased to $ 20k

That's only his opinion which based on traditional way of monetary system, if his statement really have a negative impact on bitcoin price then it should not have bullish scenario, that's also the effects of being a decentralized even influential people could not pinned down crypto currency.

It is not his own statement. But he is the president of the United States, it represents the entire US government system. If you read it, he said that if Facebook wants to set up a bank. They must seek a new Banking Charter

mrkavasaki

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