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BTC Rise?!?

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by M1.Sales, Nov 9, 2016.

  1. M1.Sales

    M1.Sales Member
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    BTC Rise?!?

    does anyone other then me expect BTC to rise after trump is elected president? i expect the the Us dollar to go down and Mexican peso's to decline. Thoughts?
     
  2. jackthehackm8

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    BTC Rise?!?

    i expect the peso to decline, but thats about all, think our relationship with mexico is going to go downhill a bit
     
  3. M1.Sales

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    BTC Rise?!?

    i agree with you jack!
     
  4. Milotic

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    BTC Rise?!?

    Saw an article about the chinese currency yuan falling in value, so people were buying into bitcoin as a "safe investment".

    Link for those interested - Thanks to Chinese Yuan, Bitcoin Crosses $700 Once Again - NEWSBTC

    With the election results and Trump elected, I think it'll be really interesting to see what happens to cryptocurrencys.
     
    Last edited: Nov 9, 2016
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  5. Farcast

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    BTC Rise?!?

    Went up 3% after Trump was elected. Looks to be on an incline still.
     
  6. Superfluous

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    BTC Rise?!?

    i expect no significant change due to trump. chinese currency woes might jack up the price further though

    still think bitcoin is a horrible investment and would not recommend it to anyone though
     
  7. M1.Sales

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    BTC Rise?!?

    it's fun to keep money in btc and watch it fluctuate every day though, buy when low and sell when high!
     
  8. Panda

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    BTC Rise?!?

    Care to elaborate? :eek:
     
  9. BumBum

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    BTC Rise?!?

    Too risky compared to other things you can invest in.
     
  10. Superfluous

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    BTC Rise?!?

    read any thread in this forum about bitcoin being the greatest thing ever and my replies to them haha

    tl;dr - risk is exceptional given reward. also is not tied to anything and can instantly become worthless overnight, though the risk is small
     
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