Btc Price is Not showing, Missleading news and hype

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: cotton ball on December 13, 2019, 08:16:59 PM

Quote from: Distinctin on December 10, 2019, 09:55:40 AM

News and social media are a big influence on the market trends, it sometimes has eaten up our mind when listening to them and put immediate conclusions.
But the question is, who's behind that fake news? it probably a certain person that is also influential to the market or against crypto. They would manipulate our mind and also the market if we don't do research, it definitely will be caught by FOMO.

Social media become best way how to make people panic by giving information about bitcoin higher or lower price, many investor keep trust information come from social media platform and prediction bitcoin price depend with how source information link from twitter and facebook social media, always give good and bad news for bitcoin and altcoin and make investor panic for buying and selling bitcoin or altcoin.

People need to stop using social media to try to predict what the price is going to do, you're going to find nothing but rumors in those platforms and most likely you are going to get nervous about your own predictions when you find so many people arguing that your prediction is wrong, this could diminish your confidence and could make you change your mind just when you were right and then the market does what you thought it was going to do all along.

cotton ball

sr. member

Activity: 1288

Merit: 253

Quote from: Distinctin on December 10, 2019, 09:55:40 AM

News and social media are a big influence on the market trends, it sometimes has eaten up our mind when listening to them and put immediate conclusions.
But the question is, who's behind that fake news? it probably a certain person that is also influential to the market or against crypto. They would manipulate our mind and also the market if we don't do research, it definitely will be caught by FOMO.

Social media become best way how to make people panic by giving information about bitcoin higher or lower price, many investor keep trust information come from social media platform and prediction bitcoin price depend with how source information link from twitter and facebook social media, always give good and bad news for bitcoin and altcoin and make investor panic for buying and selling bitcoin or altcoin.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: TitanGEL on December 09, 2019, 01:57:06 AM

Relying to news alone is a risky strategy. For me news is only a small factor when it comes to trading. I keep relying on price action because I using technical analysis where I do not care about news and other articles that keep updating in market. Rely on technical analysis when making decisions because it is all about price action and you can know when you will continue or when will you do stop loss to lessen the losses.

This is the way I trade as well, some prefer to trade using the news but by the time that you read the news is possible that you have missed whatever movement that such news produced and you will be very late to the party, it is way better to just watch the price action and if you see a significant movement in the direction of your prediction then that is the moment to buy the coin that you are watching, such method will take time to produce profits but with good money management skills your profits are assured.

Wexlike

legendary

Activity: 1473

Merit: 1086

Quote from: Distinctin on December 10, 2019, 09:55:40 AM

News and social media are a big influence on the market trends, it sometimes has eaten up our mind when listening to them and put immediate conclusions.
But the question is, who's behind that fake news? it probably a certain person that is also influential to the market or against crypto. They would manipulate our mind and also the market if we don't do research, it definitely will be caught by FOMO.

Why fake news ? In my opinion most of the news headliners are looking at a chart price fluctuation (i.e. pump or dump) and then afterwards trying to explain the movement with a somehow related news. Only bloomberg news seem to really move the market due to bot trading.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

News and social media are a big influence on the market trends, it sometimes has eaten up our mind when listening to them and put immediate conclusions.
But the question is, who's behind that fake news? it probably a certain person that is also influential to the market or against crypto. They would manipulate our mind and also the market if we don't do research, it definitely will be caught by FOMO.

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: Polo7 on November 28, 2019, 03:17:54 PM

Btc Price is Not showing exactly how big is crypto market Cap really!

Btc Price comes from the buy and sell orders from coinbase/ kraken/ binance... Polo and So... Others.

But it does Not show nothing When crypto is exchanged privately.

So what should be the correct Bitcoin price then?
7000 $ for that Kind of crypto awarness and adoption its very little...

We have so much hype... About crypto like bakkt... Like FED printing money and inflation of FIAT Currency... So much positive news daily, but the btc is Not doing Good!

The hype is bigger then action

WHO is Behind that fake and Missleading news?
Those positive news are Missleading If the real results and profit are Not there!!

Yes btc is Techically Good but Price is Not Good

It can be the whales trying to put the bitcoin at a constant price to hoard bitcoins for the upcoming 2020 bitcoin price halving. It has also been proven in the past that many a times a single entity was responsible for breaking the resistant or support on some of the major exchanges which made the price to go bullish or bearish respectively. Like as of that on bitmex where a single person broke all resistance by purchasing about $15 million of bitcoin contracts due to which there was an overall rise in price on every single exchange.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Quote from: d3nz on December 10, 2019, 02:32:31 AM

Media already controlling world before and we can only take against thrm using the social media but misleading news can really affect the whole world and that's why the value of BTC declining.

And the value of BTC could only pump when some whales or investor bought a lot of BTC and that could change a lot but surely more hype means a lot of FUDs will come up again.

I do not easily belive to the news in the social media because most of it are misleading news and fake news. Some of people says trust the news and for me it is a wrong decision. Trust the price action because you are always wrong until the market proves you right. Misleading news are creating fomo and it is the reason why people losing their funds.

d3nz

sr. member

Activity: 1372

Merit: 264

Media already controlling world before and we can only take against thrm using the social media but misleading news can really affect the whole world and that's why the value of BTC declining.

And the value of BTC could only pump when some whales or investor bought a lot of BTC and that could change a lot but surely more hype means a lot of FUDs will come up again.

Reid

hero member

Activity: 3052

Merit: 651

So where should we base the price of bitcoin?
To whom is it really up to?

We have different prices in different exchanges, somehow you could just use that as a basis into how much the value of bitcoin could be.
As of the selling part p2p then you could always make your own price.
I think that is also your right since you own that bitcoin.
Now, if both parties doesn't agree with how much you are trying to sell it then you could always look for another one.
There must be someone out there that would accept how much you want it to be sold. Specially illegal ones. Grin

TitanGEL

sr. member

Activity: 1036

Merit: 281

Relying to news alone is a risky strategy. For me news is only a small factor when it comes to trading. I keep relying on price action because I using technical analysis where I do not care about news and other articles that keep updating in market. Rely on technical analysis when making decisions because it is all about price action and you can know when you will continue or when will you do stop loss to lessen the losses.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Hypnosis00 on December 03, 2019, 06:11:15 PM

Quote from: Oceat on December 03, 2019, 05:24:09 PM

Quote from: Ahimoth on November 30, 2019, 10:30:33 AM

Quote from: kapalmabur on November 30, 2019, 06:35:11 AM

Quote from: Hypnosis00 on November 29, 2019, 04:57:34 PM

What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs.
If you listen to them, it surely will bother you and can't decide the right thing to do.

it's normal, if our mentality is not strong enough to face the FUD, I'm sure you will be weak, and you will no longer trade in cryptocurrency,
but if you are resistant to FUD you don't need to worry, I'm sure Bitcoin and altcoin will always live

We can't stop other people to think negatively against fud, because it was still erradicating while bitcoin still tries to recover from the latest dipped price. Most new holders have fears, that's why more affected with the fake news and other related concerns on cryptocurrency's irregularities.

We just need the right knowledge to be firm on our belief no matter what they throw to us as long as you have the right information there's no fake news will break you. What do we have seen about the price of Bitcoin is just a normal routine and a little bump to increase the price before the year ends. But be cautious enough because it might drown your investment if you go short when the market is too volatile.

This is why I'd never give any conclusion without digging up more information. May others will consider it true cause they believe that media reports are believing but we can't deny also that they are sometimes paid just to give fake news. It surely won't affect us if we know what exactly it happens but for those who didn't understand the situation, they will simply slip into it.

Take for example on that Binance headquarters being seized or closed down as far as i remember which is a false one. Its clearly intended to make up some fud try to down the price because these sentiments
can possibly drive the price according to the news neither a positive or negative one.

Most of the time these sentiments doesnt affect btc price yet even on a simple day without any news, the price can swing up on big percentages.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: mirakal on December 03, 2019, 06:49:23 AM

Quote from: Polo7 on November 28, 2019, 03:17:54 PM

Yes btc is Techically Good but Price is Not Good

It is undervalued is what you meant, right?

Bitcoin's price changes or volatility is what makes this market a better place to trade, this is actually good for short term traders and still good for long term traders or investors if they understand the market norms, bitcoin is a high risk investment, that alone would already tell that it's not a typical kind of asset as manipulation is and has been happening here.

While some may see the volatility of the market as a great disadvantage and I understand their reasons a market that can go from overvalued to undervalued and vice versa is a great market for a trader since you can make incredible profits in a very short amount of time if you compare your potential profits to other markets, so instead of complaining about the volatility of the market of cryptocurrencies I say that we must take advantage of it while we still can.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: Oceat on December 03, 2019, 05:24:09 PM

Quote from: Ahimoth on November 30, 2019, 10:30:33 AM

Quote from: kapalmabur on November 30, 2019, 06:35:11 AM

Quote from: Hypnosis00 on November 29, 2019, 04:57:34 PM

What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs.
If you listen to them, it surely will bother you and can't decide the right thing to do.

it's normal, if our mentality is not strong enough to face the FUD, I'm sure you will be weak, and you will no longer trade in cryptocurrency,
but if you are resistant to FUD you don't need to worry, I'm sure Bitcoin and altcoin will always live

We can't stop other people to think negatively against fud, because it was still erradicating while bitcoin still tries to recover from the latest dipped price. Most new holders have fears, that's why more affected with the fake news and other related concerns on cryptocurrency's irregularities.

We just need the right knowledge to be firm on our belief no matter what they throw to us as long as you have the right information there's no fake news will break you. What do we have seen about the price of Bitcoin is just a normal routine and a little bump to increase the price before the year ends. But be cautious enough because it might drown your investment if you go short when the market is too volatile.

This is why I'd never give any conclusion without digging up more information. May others will consider it true cause they believe that media reports are believing but we can't deny also that they are sometimes paid just to give fake news. It surely won't affect us if we know what exactly it happens but for those who didn't understand the situation, they will simply slip into it.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: Ahimoth on November 30, 2019, 10:30:33 AM

Quote from: kapalmabur on November 30, 2019, 06:35:11 AM

Quote from: Hypnosis00 on November 29, 2019, 04:57:34 PM

What we could think next year is not really the same as it happens. We may be expecting bullish next year cause of halving effects but it doesn't mean that it shows us instantly. News will always be talking negatively about crypto, this it makes you loosen up your trust and faith to crypto cause in the first and as a part of the crypto community, we better know what is really happening inside and all of these are just misleading news/ FUDs.
If you listen to them, it surely will bother you and can't decide the right thing to do.

it's normal, if our mentality is not strong enough to face the FUD, I'm sure you will be weak, and you will no longer trade in cryptocurrency,
but if you are resistant to FUD you don't need to worry, I'm sure Bitcoin and altcoin will always live

We can't stop other people to think negatively against fud, because it was still erradicating while bitcoin still tries to recover from the latest dipped price. Most new holders have fears, that's why more affected with the fake news and other related concerns on cryptocurrency's irregularities.

We just need the right knowledge to be firm on our belief no matter what they throw to us as long as you have the right information there's no fake news will break you. What do we have seen about the price of Bitcoin is just a normal routine and a little bump to increase the price before the year ends. But be cautious enough because it might drown your investment if you go short when the market is too volatile.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: davinchi on December 03, 2019, 01:57:45 PM

Negative thinking has always been a mindset of certain type of people. Some people are always thinking the worst will happen to them, they always feel like the world is out to get them and they are unlucky and everything that has happened bad is somehow universe telling them no.

Some people are not like that, no matter what happens they make it their duty to make it happen and succeed.

Now, those people in bitcoin could be listed as bulls and bears or fuds and fomos because in the end bitcoin is something human driven and there is nothing tied to its price, if we buy it, it will go up which is why the bulls/fomos are doing right now, if we sell it it will go down which is what fud/bear people are doing so in the long run it is the fight of two type of people that decides the price.

A market does only compose of 2 things which is sellers and buyers.Price would be driven basing on the behavior among the two including the supply and into its demand.
Manipulation,fomo and fuds is always there which is pretty normal but as a smart investor you wont really be easily driven down nor get affected no matter what the situation would be faced up.
It all matters on how you foreseen things and do react according into your own understanding and analysis.Be smart and dont get easily be affected with emotions then you would definitely do well.

davinchi

legendary

Activity: 2100

Merit: 1058

Negative thinking has always been a mindset of certain type of people. Some people are always thinking the worst will happen to them, they always feel like the world is out to get them and they are unlucky and everything that has happened bad is somehow universe telling them no.

Some people are not like that, no matter what happens they make it their duty to make it happen and succeed.

Now, those people in bitcoin could be listed as bulls and bears or fuds and fomos because in the end bitcoin is something human driven and there is nothing tied to its price, if we buy it, it will go up which is why the bulls/fomos are doing right now, if we sell it it will go down which is what fud/bear people are doing so in the long run it is the fight of two type of people that decides the price.

Cacingkemi

hero member

Activity: 1484

Merit: 516

Quote from: YuginKadoya on December 01, 2019, 10:36:27 AM

there is such misleading news that is also manipulated by a higher individual that wants the price to decrease so much, there is really some force behind this and FUD is keeping out and always there I think many in the community are still believing it, but the showing market cap, and volume, in my opinion, it doesn't have any effect on the price of Bitcoin, the volatility is there even though it keeps on changing and right now showing a bearish movement, we should not always believe the misleading one out there.

Such news always appears and can be easily manipulated by a group of individuals because it has the goal of making everyone panic so that they can easily dispose of their assets because they have been influenced by false news that is already widespread. therefore do not easily believe that there is misleading news that can destroy the mindset of society, the only thing that can affect the increase or decrease in market prices depends on the volume of trade in it or from the many requests and offers from the people who trade in it.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Polo7 on November 28, 2019, 03:17:54 PM

Yes btc is Techically Good but Price is Not Good

It is undervalued is what you meant, right?

Bitcoin's price changes or volatility is what makes this market a better place to trade, this is actually good for short term traders and still good for long term traders or investors if they understand the market norms, bitcoin is a high risk investment, that alone would already tell that it's not a typical kind of asset as manipulation is and has been happening here.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: ecnalubma on December 02, 2019, 12:53:06 AM

This is the main reason why we shouldn’t trust some news a 100% they could really mislead their followers. We don’t even really know that were in the real bear market who knows. We know that manipulators are responsible for this kind of activity for their self interest however we will not get affected if we don’t fall to their traps.

Even if I agree when you say that we should not trust everything that we see on the news it is undeniable that we are in the middle of a bear market, from the top that we reached during this year the price has gone down almost 50% and there are many indicators that say that we are in a long term negative trend, what else they need to believe that this is a bear market, maybe this bear market will last a lot less than the previous one but it is still undeniable that this is a bear market.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Savemore on December 02, 2019, 06:50:02 AM

Most of the traders are relying to fundamentals than technicals and for me it is not good decision. They keep blaming the news if they experiencing losses. They do not know how to cut lose even their portfolios are negative -30% and up. Do not base your decisions in just fundamentals, remember technicals are very important.

People buying Bitcoin for a quick flip based on fundamentals are losers. Fundamentals can keep getting stronger while the price keeps decreasing, which we have seen happen. Bitcoin's fundamentals are better than ever before today, yet we're 65% below the price when Bitcoin fundamentally sucked in 2017.

Technicals are super important and the reason shitcoins with zero utility can pump for quite a long period of time. Traders just follow the charts and do not care what the name of the coin is or what it does. People ignoring technicals always pay the price for their stupidity. Fundamentals buyers in my opinion are those who buy Bitcoin today with the intention of sitting on their coins for at least 5 years.

Remember, markets can stay irrational longer than you can stay solvent!

Topic: Btc Price is Not showing, Missleading news and hype (Read 518 times)