Is my mindset correct or wrong?

[Jeet Narayan 1940]

Yes you are right, I'm also heard Bitcoin price go high and low due Iran and use political problem. How this political problem effect Bitcoin price.

[Lard79 103]

I think it is also true that the price of bitcoin is also affected by variety of issues that occur, it will create public sentiment which will ultimately affect the rise in the price of bitcoin.

[tienda 8776]

In my opinion and I think your mindset is right. Because Bitcoin is anonymous and there are not any government who is the guide or controller of Bitcoin price, maybe we can talk about wales who maybe can the pioneer of Bitcoin price.

 

 

[Roomi 1119]

On 1/8/2020 at 11:16 AM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

I think you are right. Politics do not influence bitcoin prices. But the whales always use different channels to manipulate bitcoin prices whether the issue is political or any other 

[Ali_hmwi 966]

No this movement i did it in trading view all is good the price going the way it should go. hope that 

Best wishes with your trade .

Be safe..

[Harris123 281]

I don't think that your opinion is correct.Because i don't think that politics affect the rate of bitcoin.The rate of bitcoin is affected by the investors in my views.Nowadays lot of investors are coming to bitcoin and it's price is gradually increasing.

[BitMart 326]

May be your mindset is right but still we have many factors which are going with bitcoin price and this surely have many affects on this as China is also doing hard work for own currency and some other countries also doing with same policy but very few wants to go with bitcoin and bringing some soft policies for this if we have more then surely its going in positive way.

[Darkelf11 262]

On 1/8/2020 at 2:16 PM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

People who owns USDollars will be afraid that their money might lose some of it's value. That is why, since bitcoin is so popular and the top currency this days, a lot of people might think that they had to trade their usd, into something that is very trustworthy. It's bitcoin, that is why, it is one factor I think, of bitcoin's price going up.

[thiscomm 306]

On 1/8/2020 at 1:16 PM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

indeed the price of crypto has never had a relationship with political events, but it also has nothing to do with development events or economic problems. because you need to know the price of crypto can worsen or improve it because of the amount of supply transactions that occur in the crypto. remember the price of crypto will rise when many people use it as a transaction medium such as investment, trading and others.

[fuer44 1083]

I think this has a slight impact. if the main commodity has decreased value, or economic assets have decreased when the global political situation, and automatically people will turn to bitcoin to secure the value of their money so that inflation does not go along. because bitcoin is not directly affected, but can be a transition and with it can make the price go up.

[Kusumo234 400]

1 minute ago, niytoibi said:

The purpose is that the whales that manage fees, economic requirements and superior monetary requirements have nothing to do with oil which the price is real economic requirements, but the association inspired them in a few nations, as took place in Iran via supplanting people with their cash. BTC coin.

I am not sure that what happens outside of cryptocurrency can affect cryptocurrency, maybe market participants will be affected, but not for cryptocurrency, when a country is at war with another country, it is not enough to be linked as a cause of ups and downs in the price of a coin, because coins are commodities  digital, not a real commodity

[edukun12 12]

Your mindset is absolutely right. There is nothing we can do if the bitcoin would have a fixed amount, maybe that would be anticipated in no time.

[duncun007 3577]

On 1/8/2020 at 9:16 AM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

crypto is an asset that people will turn to in case of conflicts and we saw it happening in iran and we heard the news of the price jumping up to 12k there because everyone want to move their money overseas.

[bentayebsalah 2280]

The government and banks have no control over the bitcoin currency, but the governments are blocking cryptocurrencies in order to prevent their use and this has an effect on the price of bitcoin and the rest of the currencies

[babaji 1228]

Completely wrong in my opinion. Here is why, if there is stability provided by world governments, then the need for bitcoin will dwindle. But the more chaotic the world scene becomes, the more the need and price of bitcoin goes up. Bitcoin is not here to replace a good system. Bitcoin is here to replace an old system, that came into place thousands of years ago. Even barter system is better that this system. Where the rich only gets rich and the poor remains poor. 

[phpMailz 568]

You are on the right track, these things have impacted cryptocurrency especially bitcoin and not in the right way, these issues must be settle if bitcoin is to move forward.

[BTC Future 3946]

On 1/8/2020 at 8:16 AM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

I completely agree that development and adoption of cryptocurrencies are the major force that is driving the price. Although some traders are using trading-bots in major exchanges that are connected with news sites and cryptocurrency indexes like Coinmarketcap. These bots react instantly with major news coming from financial and cryptocurrency media. 

[TasinHasan 421]

On 1/8/2020 at 3:30 PM, bliznec said:

Trump did not have a very good effect on bitcoin and critography as a whole. But this does not greatly affect bitcoin and growth continues. 

trump don't worry about bitcoin from very past.

he didn't accept it.

but i think when crypto will become more popular then he will accept 

[Suhannewaz 245]

This is a great attitude. It is decentralized forex but with regard to governing bodies on cryptocurrencies something else is not very much integrated and also determined by the Declarations, just like primitive acrylic and rare metal ratios.

[Benjamin 84]

On 1/8/2020 at 4:16 PM, Opinder said:

Your mindset is right. It is not happening with btc because it is private and its price is not selected by governments. It is just moving on the base of supply and demand. But primary currencies, oil and gold have close relation. Their values correlate with each other.  Value of primary currencies depend on the volume of gold or oil.

Well i agree with you mate, no one can handle the price of bitcoin because this is decentralized network, it may affect the price of it to the demand of the people to this coin. Happy posting.

[Muskan7816 175]

Investors combine temporary bitcoin or crypto currency with politics to gain temporary hype and inflation or dip. There is no connection between crypto and politics

[Naga 1250]

bitcoin price moves due to the supply and demand as they tell us but if you stick around for a long time you will see its more about the whales manipulation.

[khan22 3478]

On 1/8/2020 at 11:16 AM, nicolas1234789 said:

This day bitcoin has good movement but I see many people related this moment with global politic event, such as about USA president that suspected doing something bad. From this reason create negative impact into USD and giving bitcoin chance to fix his value. So far I know only currency and primary commodity ( oil ) will get impact if something bad happen in politic, I don't see any relation with bitcoin. Crypto movement only can moving by development program, economic issues and event. Is my mindset correct or wrong, give me your opinion please.

In january 2020 market move very good and it will just move to up side not to down side and in 2020 market will move to up just because this is the year in the market is the bull year and the coins saver will make good money in the market.

[Lunaa 238]

It's neither correct or wrong actually I don't really know. Because as far as I know politics doesn't have anything to do with the movements of cryptocurrency. Unless it's related to crypto in general. Such as banning/adoption news or things

[kamalnewaz 150]

Without setting the mind, no one get their desired thing, so in every step of our life should be designed that means setting the mind, then hopefully the success will come gradually. Its very important.