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What is the impact of US-China trade talks on Bitcoin?

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On 11/27/2019 at 4:50 PM, Crypto123 said:

With optimism over US-China trade talks, mergers are also boosting markets across the board. Jeffrey Tucker of the American Institute for Economic Research is on hand to break down the trade tussle and look at what moves could be shaking sectors. And just several months after their less-than stellar IPO launch, Uber has been sacked from London. Mollye Barrows, contributor to America’s Lawyer, joins the program to delve into the United Kingdom’s decision, and look at what impact this could have on the company’s bottom line. Plus, bitcoin’s beating continues as it dips below the $7,000 mark yet again. Cryptocurrency analyst Ben Swann breaks down bitcoin’s price plummet, and examines how blockchains have flourished in China.

 

Source: https://www.rt.com/podcast/474273-french-lvmh-merges-tiffany-co/

 

This news from Russia Today in English What do you think the news will these talks really affect Bitcoin? Especially as the news also says that China has released its first digital currency in 2-3 months !!!
Or is this just a media war and to gain more negotiating points between the parties

After USA and China's announcement we saw massive rise up on crypto market. We can call it a mini bull run. From starting bid 2020 year we got many good news with healthy rise up on crypto price.


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21 minutes ago, Sirius101 said:

Their near miss collision of war is already bring positive vibes to crypto and when the war was avoided it causes sudden slump of bitcoin price. But who needs a 20k BTC there's no place to spend it to. So organic growth is better than having a war just to pump the price of bitcoin.

Certainly, no one wants war and I do not think that matters between the United States and China will reach the point of war. There is a hidden economic and technological war. Yes, and this war and the tort lead to a rise in the price of cryptocurrencies in general because people flee to it.

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Past trade wars between the two nations have affected yuan and bitcoin values. Generally, Bitcoin rises when the yuan takes a dive. Therefore, bitcoin has become a hedge against economic risks triggered by these talks.   

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51 minutes ago, Karani said:

Past trade wars between the two nations have affected yuan and bitcoin values. Generally, Bitcoin rises when the yuan takes a dive. Therefore, bitcoin has become a hedge against economic risks triggered by these talks.   

Yes indeed Bitcoin can be a safe haven for many people when the serum of these economic wars erupts, and even at political tensions, we saw a short time ago how bitcoin prices rose when political tensions occur America and Iran.

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Bitcoin has become a hedge against the economic risks posed by these discussions. The past trade wars between the two countries have affected the values of the yuan and Bitcoin. Usually, Bitcoin rises when the yuan takes a dip

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1 hour ago, Sundas said:

This is a very positive sign for the crypto market and the coming days market to make good progress and to embrace the Chinese population market, as well as we are providing financial services to both countries well and it is fast FOMO.

Yes, if these talks lead to the encouragement of digital currencies in both countries, this will be the biggest achievement for digital currencies because these two countries are economic giants and their acceptance of cryptocurrencies will radically change the world of Crypto.

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I don’t think that USA and China will take on crypto currencies and they force be preparation to contract missing from this currencies and plus annoying to demolish the crypto currencies but the outlay of the bitcoins will not be artificial at all. The bitcoins assess goes up and down and that’s natural.

 

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I think it will boost the number of people who will start investing in cryptocurrency or bitcoin, because those two countries are some of the country who are leading in terms of wealth. Also their country had the most number of population that's why those two countries will really help the market of bitcoin.

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US and china are to peculiar countries, they love to dominate the rest of the world, they are the two perfect world powers and I think china has already overtaken the United stakes the other being that they hate control and so whent hey come to something like bitcoin,, they monitor it very perfectly to avoid alot of control

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1 hour ago, Jh10 said:

This is a very positive sign for the crypto market and the market growth in the coming days and for the Chinese population to accept the market and we are providing financial services so that both countries have good statistics and this is bullish FOMO.:'"+((

china is doing good for crypto . as i know maximum of crypto miners are from china and they are doing their best to increase the popularity.

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Bitcoin is not affected by such talks about it because it is strong and does not affect it to supply and demand in order to know whether it will decrease or rise for that bitcoin is very strong

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5 minutes ago, cryptousd20 said:

Bitcoin is not affected by such talks about it because it is strong and does not affect it to supply and demand in order to know whether it will decrease or rise for that bitcoin is very strong

Allow me to disagree with you. The influence of politics cannot be ignored by the economy and vice versa. Bitcoin is a type of economy and must be influenced by politics, no matter how strong or negative its power is. Let me give you a simple example. Some time ago, some tensions occurred between the United States and Iran This caused Bitcoin to rise rapidly.

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58 minutes ago, Kona said:

I think that this would have a big impact on cryptocurrencies in both negative and positive situations, imagine if China could convince America to accept cryptocurrencies how the whole world of crypto would change and bitcoin would be accepted in the whole world.

Certainly, if China can persuade the United States to accept cryptocurrencies, this will change the whole world of Crypto. The United States is the first enemy of bitcoin, and it forces most governments and companies to refuse bitcoin and is If US changes it stance, all of these will start accepting Bitcoin.

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9 hours ago, Sirius101 said:

They can launch their own coin and no one is stopping them to run their own centralized cryptocurrency, The only thing they should be concerned about is if people will support their coin or use it for trading. in the end BTC will remain dominance on them all.

Yes Bitcoin will remain the first popular currency in the world. I have said you are very beautiful words. Yes, they can make their desired digital currency, but they cannot force it to force people.

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The trade talk didnot seem to have much impact on bitcoin. Both China and USA hold major amount of cryptocurrency transactions and the government seems to have accepted cryptocurrencies as a currency for payment.


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10 hours ago, Dmasked said:

The trade talk didnot seem to have much impact on bitcoin. Both China and USA hold major amount of cryptocurrency transactions and the government seems to have accepted cryptocurrencies as a currency for payment.

The Chinese government or the United States government has not yet accepted cryptocurrencies and I do not think this will happen soon, although China is much closer to accepting cryptocurrencies than the United States, especially after the recent positive statements of the Chinese president on the blockchain.

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On 11/27/2019 at 4:50 PM, Crypto123 said:

With optimism over US-China trade talks, mergers are also boosting markets across the board. Jeffrey Tucker of the American Institute for Economic Research is on hand to break down the trade tussle and look at what moves could be shaking sectors. And just several months after their less-than stellar IPO launch, Uber has been sacked from London. Mollye Barrows, contributor to America’s Lawyer, joins the program to delve into the United Kingdom’s decision, and look at what impact this could have on the company’s bottom line. Plus, bitcoin’s beating continues as it dips below the $7,000 mark yet again. Cryptocurrency analyst Ben Swann breaks down bitcoin’s price plummet, and examines how blockchains have flourished in China.

 

Source: https://www.rt.com/podcast/474273-french-lvmh-merges-tiffany-co/

 

This news from Russia Today in English What do you think the news will these talks really affect Bitcoin? Especially as the news also says that China has released its first digital currency in 2-3 months !!!
Or is this just a media war and to gain more negotiating points between the parties

We know that in this crypto market's maximum came from these two countries. If any good news come from this countries about crypto, we will see some rise up on crypto price. We already saw this impact on it's price after China announcement about crypto.


 

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It is not give any direct impact but if there's something trouble with their economic system, then people would afraid about their investment since these countries has such a power toward the world's economic condition, so people would looking for other investment which can't controlled by any countries or authority in this case is bitcoin.

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5 hours ago, Rogerz said:

It is not give any direct impact but if there's something trouble with their economic system, then people would afraid about their investment since these countries has such a power toward the world's economic condition, so people would looking for other investment which can't controlled by any countries or authority in this case is bitcoin.

Yes, it is true, you can call it an indirect effect, but there is an inevitable effect, always in the case of wars and tensions. People resort to alternative means and when there are political problems and tensions, people will turn to bitcoin and cryptocurrencies.

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23 hours ago, Davei said:

This will give rise to the minds of people that everyone in developed countries uses cryptocurrency bitcion, so they will be automatically attracted by cryptocurrency. Although this can create fierce competition for cryptography when China officially evaluates their online digital currency, it also has a positive phase, which I mentioned earlier that it will attract people like a magnet. As for trade between China and the US, they can change the way they exchange money using a coin.
 

Yes, it is certain that these negotiations will have a significant impact, as you said you can attract a lot of users to the cryptocurrencies from both countries in the event that they decide to accept cryptocurrencies, and in the event that the cryptocurrencies are rejected too, there will be a bad effect.

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One of a possitive move for crypto currency as we are now looking to expand more and in a daily basis more and more people will know the crypto currency more popularity means more potential investor or buyers.

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10 hours ago, Azmir123 said:

Well,This is a good sign for the crypto market and the market for the coming days and a very positive sign for the Chinese population to accept the market.The US and China are joining the crypto currency, but I think China and the US are thinking of launching their currency or token in different ways.in this way we can predict the future of this cryptocurrency!

As for China, yes, it is in the process of launching its first digital currency, and this will have a significant positive impact on the world of Crypto. As for the United States, I do not think that it is yet thinking about accepting cryptocurrencies, but on the contrary it is completely against it.

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2 hours ago, Angrybird69 said:

Trade War: Political and Economic Influence on Bitcoin Price Change ... News: China and the U.S. will continue high-level talks in Washington. ... The data shows that the trade war really has an impact on the value increase, ...The international trade war that ensued during the Great Depression era is a prime example of this event in action. In the wake of new and aggressive tariffs, world trade plummeted by 25% for the period☺

Thank you my friend, you seem to have extensive information on this subject, yes the hidden trade war between the two countries has a great influence on prices in general, and the example that you mentioned about what happened during the depression could be a good example.

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I don't think that internal issues of US China tradings will impact positively or negatively to the Bitcoin because Bitcoin is the digitalised currency which can be used by any users and can be adopted by any countries if there will be imposed any restrictions in cryptocurrencies then it could affect.

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4 hours ago, khokon89 said:

All this happening affects the rate of bitcoin, and because of this there is all the instability in the cryptocurrency. I think it's even for the best, because there is a chance to US and China are joining crypto currency, but I think China and America are thinking of launching their coins or tokens in different ways, I think the real news will be...

Yes, all of this affects bitcoin and cryptocurrencies in general, but the United States is not yet considering creating a digital currency, but it is China that is seeking to create its first digital currency. I do not think that the United States can accept cryptocurrencies at this time.

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In his traditional speech on Friday, 31 May, Japan's Minister of Finance, Shunichi Suzuki, reiterated that exchange rates should reflect fundamental indicators and that he would respond appropriately to excessive movements.   On Friday, 31 May, a block of important macroeconomic statistics on the state of the Japanese economy was released. The Consumer Price Index (CPI) in Tokyo showed that inflation rose to 2.2% y/y in May. In April, this figure was at 1.8%, matching a 26-month low. Core inflation in Tokyo also rose to 1.9% from 1.6% y/y, and the CPI excluding volatile food and energy prices increased from 1.8% to 2.2% y/y. (It should be noted that inflation in Tokyo is usually higher than the nationwide figures, which are published three weeks later. Therefore, the Tokyo CPI is a preliminary but not final indicator of inflation dynamics at the national level.)   The current rise in inflation could increase confidence in future BoJ monetary policy tightening. However, the fear of low inflation and a sharp yen appreciation deters the BoJ from raising the interest rate and narrowing the gap with other major global currencies' rates. A strong yen would harm national exporters. The decline in industrial production, which fell by -0.1% in April both month-on-month and year-on-year, does not encourage borrowing costs to rise.   The last note of the week for USD/JPY was struck at 157.25. United Overseas Bank (UOB) analysts believe that in the next 1-3 weeks, "the dollar has the potential for growth, but given the weak upward momentum, any advancement is likely to be slow. The 157.50 level might be difficult to overcome, and resistance at 158.00 is unlikely to be reached in the near future."   Speaking of the average forecast of experts, only 20% indicate a southward direction, while the remaining 80% adopt a neutral position and look east. Technical analysis tools show no such doubts or disagreements. Thus, 100% of trend indicators and oscillators on D1 point north, with 15% already in the overbought zone. It should be noted that if the green/north color of the indicators for the euro and the British pound indicates their strengthening, in the case of the yen, it conversely indicates its weakening. Therefore, traders may find it interesting to pay attention to the EUR/JPY and GBP/JPY pairs, whose dynamics have been impressive lately. The nearest support level is in the area of 156.25-156.60, followed by zones and levels at 155.50-155.90, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance is in the 157.40 zone, followed by 157.70-158.00, 158.60, and 160.00-160.20.   No significant events or publications regarding the state of the Japanese economy are expected next week. CRYPTOCURRENCIES: Bullish and Bearish Ethereum Prospects   For the second week, market participants' attention has been focused on the main altcoin. On 23 May, the US Securities and Exchange Commission (SEC) approved 19b-4 applications from eight issuers of spot exchange-traded funds based on Ethereum. (According to JP Morgan experts, this was dictated not by a desire to support digital assets but by a political decision aimed at supporting Joe Biden ahead of the US presidential elections.) Whatever the true reason for this regulatory move, everyone is now interested in where Ethereum prices will go. The newborn ETH-ETFs can only start trading after the SEC approves the S-1 applications. According to Bloomberg analyst James Seyffart, this could take "weeks or months," although it is very likely to happen in mid-June. According to DeFiance Capital CEO Arthur Cheong, Ethereum's price could rise to $4,500 even before trading begins. CCData analysts believe that within 100 days of the launch of ETH-ETFs, the price could reach $5,000 per coin. This forecast is based on linear regression and the price statistics of bitcoin after the launch of spot BTC-ETFs. CCData's analysis assumes that inflows into similar Ethereum funds will be at least 50% of inflows into Bitcoin-ETFs, which means about $3.9 billion over a 100-day period.   Popular analyst Lark Davis has forecasted future growth for bitcoin to $150,000 and Ethereum to $15,000, explaining such a sharp price increase by the emerging market dynamics. The main reason for growth, Davis also cites spot BTC-ETFs, to which ETH-ETFs will now join. This will further fuel the cryptocurrency market's enthusiasm. Currently, spot BTC-ETFs hold 1,002,343 coins (≈ $68 billion), which is about 5% of the circulating supply of the flagship asset. Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
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