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Topic: As we all know, the price of the coin can heavily depend on the news. (Read 359 times)

legendary
Activity: 3052
Merit: 1188
It is seriously troubling to think that any fake news could change the face of bitcoin. Right now we are doing well and all news that are coming out of western world is good on bitcoin, east side still has a lot of good news like from japan and Korea however china which is probably the biggest economy in the world now taking the seat from USA is not favoring bitcoin.

They have worked really hard to be the stocks, bonds, cash type of leader of the world and their system worked great, we were angry that they made people work under inhuman conditions at first but thanks to that they made so much money that they managed to better the conditions and living standards.

Now, we can't expect China to let go of all that and restart from scratch for bitcoin. Hence the news coming from there is usually not that great for us.
sr. member
Activity: 686
Merit: 277
As we all know, the price of the coin can heavily depend on the news, positive or negative. I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.

Here's an example:

The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.

I do see some people say that the price of cryptocurrencies sometimes is based on speculation. Okay, as for it depending on the news, how exactly does that happen? I have been seeing a lot of good news since the beginning of this year and some of them kept saying price will increase, but anytime they say that, that’s when the price will even decrease more.
full member
Activity: 397
Merit: 101
news does have a big influence on the activities on the market, we know that there are so many people who sometimes seek information only on the news sometimes they also do not do their analysis. So there will also be many people who are trapped or lose their money in the trade just because they are too trusting in the news.
newbie
Activity: 3
Merit: 0
It really depends on the area of the coin use. Here is presented the GLDR, ingame coin, maybe in this particular case i could agree this the autor, but as a general concept and mover for the rises and falls, not sure.
copper member
Activity: 55
Merit: 2
I also observed that fundamental analysis is more reliable than technical analysis these days. The investors and traders react base on how big that news is like partnerships, listings, conferences and scam accusations. The price changes base on how we interpret the news and unfortunately, fundamentals were being abused by those whales to manipulate the market. One article which can be copied and twisted by other crypto news website creates a big impact depending on how it will be presented.

Exactly what I was just wrote. It should be balanced.
And absolutely agree that many things depends on crypto news source as well. But Technical analysis is still the basics.
copper member
Activity: 55
Merit: 2
I have to say I'm not so convinced. The influence of different news on Bitcoin price, as well as politics is exaggerated. I'm not saying that it doesn't have any effect at all but it is usualy only temporary and short term. News could make impact on people to make their decision in different way but still there is limited number of users who act only because of some news so the impact on the market isn't that significant.
Even if you take some news into serious consideration first you have to look at the source because there are too many fake news around us.

well, there is always exceptions, but in general I strongly believe it drives the market, but not to forget the details of the project itself, due diligence, white paper and so on, always research should be done. Predictions can be given by any and most are not reliable.
member
Activity: 336
Merit: 55
I also observed that fundamental analysis is more reliable than technical analysis these days. The investors and traders react base on how big that news is like partnerships, listings, conferences and scam accusations. The price changes base on how we interpret the news and unfortunately, fundamentals were being abused by those whales to manipulate the market. One article which can be copied and twisted by other crypto news website creates a big impact depending on how it will be presented.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Don't forget prices can also drop for seemingly no reason like what happened on the 14th of November when prices dove off $6k with sudden selling pressure- everyone though the bottom was $6k, but the unexpected also occasionally shows up. News definitely does have an effect on the price of a coin, but trends already in place certainly also influence pricing more than news stories that pop up. Using a combination of news and current trends to trade is what I do with BTC trading, and this has worked out for me in the past few months, even with a downwards trend in the last few months since the ATH.
full member
Activity: 2576
Merit: 205
Yeah i agree news good or bad have an affect from crypto currency market
But also besides from the news affected crypto market  price is depends the demands of the investors is big plus factors
full member
Activity: 882
Merit: 104
I think not all are depending in the news if it's bad or good because crypto market is changing the price every day because its depend to what is demand in the market of the traders. So it's not only because of bad news and good news why the price in the market is changing.
hero member
Activity: 2352
Merit: 905
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I agree, it affects the price but it depend upon the news network and audience who is reading this news. In addition to news rules of certain country also change the trends.Whenever there is any change in the rule there is a huge upward trend or downward trend in the crypto market. SO I also follow.
To my mind audience doesn't matter that much... For example imagine: Big players - they have more influence on price despite the fact that number of those people are very, very low and now imagine opposite, simple people. Simple people are much, when they see positive on some coin, this means potencial of profit in future if they own it. So they buy and buy, which leads to price increase and so on. This is it, shortly and well explained, maybe, at least hope.
hero member
Activity: 2548
Merit: 572
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That is why some of us must now  how news will affect on crypto price, and take benefit of it. I know even i can't really do that, some people out there can take right moment to buy coins and when to sell it.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I have to say I'm not so convinced. The influence of different news on Bitcoin price, as well as politics is exaggerated. I'm not saying that it doesn't have any effect at all but it is usualy only temporary and short term. News could make impact on people to make their decision in different way but still there is limited number of users who act only because of some news so the impact on the market isn't that significant.
Even if you take some news into serious consideration first you have to look at the source because there are too many fake news around us.
member
Activity: 663
Merit: 10
https://streamies.io/
certainly so. But really, investors often do not pay attention to the negative news. They usually hunt for news of pump signals in telegrams and news of potential ICO projects are available. The news is just a joke and anyone who understands it. Grin
hero member
Activity: 1274
Merit: 516
Yes in crypto, price is heavily on the news, because the news can affected people to buy or to sell, so we need to follow every news and trend to make a good decision in trading, and need to make sure we can get a legit and reliable source of news, sometimes news can be misleading and create unwanted fud
member
Activity: 322
Merit: 10
Its true! Everyday news have a big rule of influencing the decision of every crypto users which is vital to the market movement so better always monitor the market news and updates then make sure that they are all reliable source to avoid misinformations and misinterpretation.
hero member
Activity: 1008
Merit: 501
The trend is way more important than the news. If things are dying as they are now no amount of 'good' news will turn something around. When things are explosive news is an excuse to be more explosive, not the cause.

The only news really worth paying attention to is bad news for short term moves. People are so twitchy they'll crater themselves. Then it's back to whatever the trend is.
Yeah even when the news hasn't supported it yet but when the upward trend has begun then price increases can occur.
but usually when the trend turns into a rising trend. it will be preceded by good news
newbie
Activity: 11
Merit: 0
As we all know, the price of the coin can heavily depend on the news, positive or negative. I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.

Here's an example:

The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.


Oh great, the course for stabilizing. Yeah, now I think it is vital that more and more players will join, therefore the value of GLDR will immediately grow.
hero member
Activity: 994
Merit: 504
As we all know, the price of the coin can heavily depend on the news, positive or negative. I suggest you to follow all the news and updates on the coin you’re interested in and you may just see these little hints and tips on the price trend that will definitely follow.

Here's an example:

The GLDR/ETH chart has shown a significant run up on Friday, following the positive news last week. An article, first posted on Tuesday, December 11, was about the players of the WAR FIELD game, who make a considerable amount of money by playing and winning the tokens. It was also published throughout the social media channels of the Golder Games, which substantially led to the price growth to 0.00019499 ETH, we saw on Friday. The correction (around 50%) was quite an obvious one here: as of Monday, 11:00 GMT, the GLDR/ETH is changing hands at 0.00014390 ETH.


It will always depend on the people that are in the market and also they follow the news so still the market moves by the people and not the news.
full member
Activity: 770
Merit: 101
Indeed, the crypto market is very much in the same vein as volatility in other financial markets. But the news may be fake. Whales can create it but the government can not intervene in it. That led to the manipulation becoming stronger.
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