I just asked for posters opinions in a gambling thread re: the election but you guys are a lot more knowledgable normally so I'd like to ask the following -
Do you think the price will be directly affected as a result of the election (whatever that ends up being - most likely Hillary imo)
Do you think the price will be directly affected as a result of the election (whatever that ends up being - most likely Hillary imo)
Already been through this. Why not ask about general market, rather than specific asset like BTC? Yes market prices in the election, and if the outcome differs from what's priced in market adjusts. BTC is considered a hedge so more volatility in general markets is bullish for BTC price.
Market doesn't like uncertainty either. Hiller is considered to be the winner, that why market moved up once FBI said they don't have anything on their latest emails investigation.
Quote
...Wall Street analysts agree that the S&P 500 will likely sell off if Donald Trump wins, and at least hold gains if Hillary Clinton wins...
http://www.cnbc.com/2016/11/07/market-predictions-sp-500-to-sell-off-if-donald-trump-tops-clinton-and-more-from-wall-street.htmlTL;DR
Trump wins: market goes down, BTC up
Hillary wins Trump accepts the loss: not significant effect on BTC
Hillary wins, Trump doesn't accept and starts riots on the streets. BTC up