Could Trump Cause a Spike in the Bitcoin Price?
Another slight drop has hit Bitcoin. Following our recent price piece, the bitcoin price is hovering around $664 at press time. That’s a fall of about eight dollars; nothing to panic about, but it’s still disappointing. Could Trump Build a Wall of Bitcoin Support if Elected? When describing bitcoin’s lack of action over the last week, one source explains the coin as something that “pops and fizzles”: “Bitcoin price pushed through an important trend-line intersection yesterday, but launch pad staff had failed to fuel the tanks. A pop and fizzle is all we got. Traders can sheath their arrows....
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Global concern over the possible election of Donald Trump, along with other macroeconomic concerns, could lead to a massive jump in bitcoin transactions, according to a new report. The digital currency that is increasingly being linked to spikes in price during times of economic instability would likely experience such a spike following a Trump election, Juniper Research has found. In interview, research author Windsor Holden said that it was specifically Trump's "aggressive attitude" towards China and Mexico and "bellicose statement towards Muslims" that have him and....
A market study conducted by research and analysis firm Juniper speculates that bitcoin valuation will spike this year, citing the prospect of a Trump presidency in the US. Furthermore, the study finds that bitcoin transactions are speculated to exceed $92 billion in valuations this year, more than tripling the $27 billion value scaled in 2015. If presumptive Republican presidential nominee Donald Trump wins the U.S. presidential elections, the ensuing turmoil on world markets could lead to bitcoin thriving in such an environment, states a new study by Juniper Research. “If Donald Trump....
– he failed to demonstrate his understanding of the Internet and contemporary, borderless commerce. If it’s not remittances, immigrants in the US will figure out a way to send their money home if they want to do so. For now, it’s not going to be Bitcoin. But, if Trump does block remittances, you better believe that sooner than later increasing numbers of remitters will look into this blockchain technology. Knowing crypto-currency enthusiasts, they’ll likely troll Trump with Wallcoin. Or “Wall: The Blockchain Solution That Knows No Walls.” There’s already “Trumpcoin.” Trump wants to use a....