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

[Crypto123 0]

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

[Iamstrong 563]

Due to the fact that such huge and wealthy countries as China and the United States began to talk about bitcoin, this only means that all cryptocurrencies will soon rise in price, it is inevitable

[ibtismanipun 120]

Actually I don't think that this could make any change to cyrptocurrency market. Yeah it's that china is goingt to launch their cryptocurrency very soon.

[Crypto123 0]

14 hours ago, ibtismanipun said:

Actually I don't think that this could make any change to cyrptocurrency market. Yeah it's that china is goingt to launch their cryptocurrency very soon.

I reflected you in this view, 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.
And Imagine if the opposite happened and the US could persuade China to fight cryptocurrencies !!! Can you imagine what could happen !!! This will have a serious and semi-destructive impact on cryptocurrencies.

[Afrizal rahman 2636]

Maybe they are different paths. America created the project and China and vice versa. sorry for my inaccurate answers, I'm a beginner here.

[TimopheyKa 3900]

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 catch a low price, buy, and then sell more expensive

[sdsonjoy50 886]

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 revealed very soon.

[hakimgentlemen 671]

For me personally I am waiting for this agreement to be officially signed to measure how it can influence the crypto market and in this way we can predict the future of this cryptocurrency!

[Thekingcallme 1975]

I don't think there will be an agreement between China and the United States
On cryptocurrencies there will always be fierce competition between them, even if there is agreement, it is only superficial

[Suhannewaz 245]

 Bitcoin and the Chinese yuan are moving in opposite directions as the trade war escalates and cryptocurrencies gain more

[Maaz sultan 265]

Their is very big impact of USA and China to cryptocurrency .China is ready to lunch their own digital currency and the USA also working  on digital currency project this will decrease the value of Bitcoin because they use their own currency instead of bitcoin.

[Romaan1987 601]

On 11/27/2019 at 3:50 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

Us and china a have a great impact on world economy. If bothbof them adopt crypto with a proper regulations it will be a great srep to boost up world economy as well as crypto marjet

[Syedbesharat 5423]

USA and China are becoming economic Competaitor  now.They are effecting market with their policies and now news.So its go to follow up them for better opportunities of earning profit.

[mani982 286]

US and China Are big countries and they have Good investment .from Us many people are investing in crypto and are trading but in china china banned the crypto.When they officially make it legal then crypto will get huge volume.

[Crypto123 0]

On 1/8/2020 at 10:57 AM, rjroshan said:

This is can be another side of the cool war between America and china which happening for a long time of period now. But these two giants are will be the main factor also for bitcoin's future too.

Yes, I also think that it is a kind of cold war between the two global giants, China and the United States, and it is a hidden war in all fields. It has recently reached digital currencies as China started to establish its currency and it is said that the Libra coin is a response to this coin.

[Crypto123 0]

3 hours ago, Ipal said:

I don't think it will affect the price of bitcoin, bitcoin looks for its own way, the ups and downs of bitcoin depend on the market and also the stock of bitcoin, so in my opinion it has nothing to do.

Let me disagree with you, it is true that the price of bitcoin depends on supply and demand and on the stock of bitcoin, but the cold war between China and the United States can affect the price significantly because, as you know, the largest number of mining devices and exchanges and projects related to crypto are in these two countries and therefore I think changing the two countries' policy towards cryptocurrencies will have a big impact.

[Crypto123 0]

6 hours ago, dshuy20 said:

If there are political tensions, the bitcoin market will increase and vice versa, if stable, the cryptocurrency will not be invested safely by many people.

Yes, this is what I meant by my words and some objected to that. Politics influences the economy without any doubt. The occurrence of political tensions negatively affects the economy significantly between the countries where these political tensions occur.

[nicolas1234789 2566]

Both country has the same ambition, control global economic world. They have all resources they need but with partnership every mistake and fail will become someone responsibility. That's business and not war or humanity, so we should see from business side. As long both country has profitable deal about bitcoin that's good but if one of them want to monopoly and works, I think bitcoin users must find another job. We can't be creative or innovative below monopoly regulation.

[bliznec 22268]

The influence of such huge powers as the United States and China is very beneficial for the overall capitalization of Bitcoin and the entire cryptocurrency community. 

[Fatihgani12 348]

It looks like the United States is developing its own project and China is ready to launch its cryptocurrency.

[altcontact 34]

It was expected that on January 15, 2018, the United States and China will sign the “first phase” of the trade agreement - and this will be the most noticeable step towards a rapprochement between them since the start of a full-scale trade war in July 2018. Since then, the parties have undertaken several rounds of mutual increases in trade duties.
The trade war is fueled by a struggle to dominate technology, including 5G technology. She led an attack on Huawei

The ups and downs of the US-China confrontation affect, among other things, stock indices and risky assets such as cryptocurrencies. The trade war is far from over: Since a significant amount of mining power is concentrated in China, Bitcoin may also be influenced by political maneuvers.

The July 2019 agreement on the American limit on borrowing establishes the possibility of growth in new borrowings at the level of $ 320 billion by July 31, 2021. This means Washington’s course towards a gradual decrease in the growth rate of debt and double deficit (budget and trade balance. In this situation, the United States needs support from the PRC, China, in turn, needs the American market. This is no longer a trade war, it can be called building a new system of relations between For this reason, Bitcoin can turn into a stablecoin or an asset that will slowly increase its value.

[Sourav43 106]

Bitcoin is basically a digital coin. The richest countries in the world invest in. Among them are China and the US who are using bitcoin for trading. Through this, they are doing very well in their bitcoin trading.

[dinabolt 514]

Most people will say big trouble, as crypto users maybe we can see when both country speak about economy always become problems. Some news also give us information some industry/ institution get bankrupt because deal between them. This is bad sign for us and we should careful, prepare for the worst is better step..

 

[Crypto123 0]

12 hours ago, Cloud said:

Whatever China or US says about bitcoin, there's always a great impact that will hit bitcoin later. Either a good news or bad news. Both countries has a great power to make the price of bitcoin waver. And both of them are competing to be the most powerful country in term of economic system or things.

Of course, there are many things that affect the price of bitcoin, and this is one of them. The impact of politics on the economy cannot be ignored. These two competing countries are economic and political giants, so competition between them for digital currencies will have a major impact.

[miskyming 1588]

If they talk about bitcoin positively I guess it will increase the price of bitcoin, but if they talk negatively about bitcoin will for sure the price will dump.