For an average American citizen, massive deportations will be good in terms that they'll have higher pay rate, [...]
It will only help your pay rate if you work in very specific industries, doing very specific things, like lower-end construction workers. Construction companies, as a whole, will do much worse since they will have to drastically raise prices, which will reduce demand, meaning they will sell fewer new homes.
And fewer new homes means less sales of all kind of other goods that come with new home formation, etc. etc.
And immigrant labor in the US also deeply affects the food industry, so grocery store prices will rise, and the hospitality industry, so restaurants and hotels will rise in price, which will affect the travel industry.
In the longer run, the US will be a less friendly place to do business since our labor costs will be much higher.
In short, like any government protectionism movement, this will be a positive thing for a small number of workers for a short period of time, but it will hurt everybody else immediately and weaken our economy in the long run.
That's true, if millions of people lose their jobs, they'll be forced to sell their Bitcoin and altcoins because they need to eat something and if they don't have cash, then they need to convert their assets. Btw during bull run, even if you lose job, it's still hard to sell coins when you see how your asset's value increases. I think that whales will play a major role in Bitcoin's price again because from my understanding, average person would live a poor style instead of selling an asset that they see how it grows every day.
Um, the whales will get out long before ordinary people do
. Unlike ordinary people, they have a staff of economists to help them time the market.
