It is not normal to have sentiment in crypto market and any reason for sentiment will be a reason for news and hearing from different perspective information reaches the miners and traders from which they know the mind of crypto users.
However, the news will have an influence on crypto market traders are there because miners , coin users and hunters are here.
Topic: Do you really think news can change the Crypto Market Sentiment very easily? - page 3. (Read 616 times)
April 09, 2020, 07:24:27 AM
April 09, 2020, 07:15:08 AM
Yes. The right nws will set the prices ablaze and the wrong news will shrink the prices of tokens. News is everything in business cryptocurrency is not left out. If today sec rules in favour of Bitcoin, Bitcoin can do a 100%/50% from here within few hrs. News is everything in life.
Some news aren't though, as some are just merely speculating without a backup data for it. I heard that speculators are saying that Bitcoin will plummet to 4.3k and look at where are we right now.In the end, we can't blame it anyway as any of us are still speculating also from our optimism as well as hype.
April 09, 2020, 05:44:55 AM
I think that news thus have effects on the market and changes alot of market sentiments easily. And also there is chain to dissemination of information, where some peeps get the information ahead and use it to influence the market before other users.
With just a news, token price can surge or dump drastically
You are right, only with a bad news. This whole market will collapse in a short time, I still remember March 2020. We have just received a few FUDs from the market and bitcoin price has dropped to $ 3,000. This is really terrible because it has caused many investors to lose 40-70% of their assets.With just a news, token price can surge or dump drastically
Because at this day it is quite difficult to differentiate one from another.
But we as experienced users know - there are fake news and they could be viral
its the event obviously because if the events are true like for example if one whale pump the market , the market can pump with or without news but most of the time we dont know it because most of the news were mainly when there are negative events like for example if an exchange got hacked .
on the other hand fake news pops up too and they mainly target newbies or the people that dont do thier own research which will then eventually lead them to panic selling which also caused for the market to crash .
April 09, 2020, 05:37:58 AM
I think that news thus have effects on the market and changes alot of market sentiments easily. And also there is chain to dissemination of information, where some peeps get the information ahead and use it to influence the market before other users.
With just a news, token price can surge or dump drastically
You are right, only with a bad news. This whole market will collapse in a short time, I still remember March 2020. We have just received a few FUDs from the market and bitcoin price has dropped to $ 3,000. This is really terrible because it has caused many investors to lose 40-70% of their assets.With just a news, token price can surge or dump drastically
Because at this day it is quite difficult to differentiate one from another.
But we as experienced users know - there are fake news and they could be viral
April 09, 2020, 05:25:08 AM
I think that news thus have effects on the market and changes alot of market sentiments easily. And also there is chain to dissemination of information, where some peeps get the information ahead and use it to influence the market before other users.
With just a news, token price can surge or dump drastically
You are right, only with a bad news. This whole market will collapse in a short time, I still remember March 2020. We have just received a few FUDs from the market and bitcoin price has dropped to $ 3,000. This is really terrible because it has caused many investors to lose 40-70% of their assets. With just a news, token price can surge or dump drastically
April 09, 2020, 04:47:59 AM
I think every financial market is effected by news and almost all the traditional markets are very sensitive to news that help speculators and other market forces to make profitable moves, for example, for example i have seen stock exchanges index plunging on negative statement regarding economy and business by the country's finance or prime minister and in some case if the company head makes a confusing or assumedly negative statement the share peice of the company dumps which shows the amount of speculation in the market.
So, The news drive the sentiment. It can be negative or positive.
Based on the experience and the following form the long-time any news whether good or bad definitely has the effect on the bitcoin. But it should be something big news which could have the effect on major countries or to the economies of the world which could affect the sentiments among the people and in reactions we could see the buy/sell in the markets which drives it and as a result either market rises or crash very fast at times.
April 09, 2020, 04:46:37 AM
I think that news thus have effects on the market and changes alot of market sentiments easily. And also there is chain to dissemination of information, where some peeps get the information ahead and use it to influence the market before other users.
With just a news, token price can surge or dump drastically
With just a news, token price can surge or dump drastically
April 09, 2020, 04:36:01 AM
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Dear Forum Members,
Every week I read different news portals to know and enrich the knowledge of Digital Asset Market which helps me to understand the blockchain and crypto sentiment and having a better investment and trade decision.
Here is the Top 7 News of last week. Hope this will help you a bit! Do you really think news can change the Crypto Market Sentiment very easily?
Date: 31 March - 06 April 2020
"Some data shows that demand for Bitcoin and other cryptocurrencies are truly on the rise! Around 10% increase in the Market Capitalization of the Crypto Industry in the previous week. Bitcoin again hits $7K. Lawsuits were filed against Binance, BitMEX, Tron Foundation and
other major crypto companies.
1. 'Red Wedding' lawsuits were filed against Binance, BitMEX, Tron Foundation and other major crypto companies alleging they sold unregistered securities.
Source Link: https://decrypt.co/24532/class-action-lawsuits-filed-against-7-bitcoin-companies
2. Volunteers have donated over One million PC owners combine their GPU power to fight COVID-19
Source Link: https://decrypt.co/24173/one-million-pc-owners-combine-their-gpu-power-to-fight-covid-19
3. Launching a bridge between bitcoin (BTC) and ethereum (ETH) is important as the world will go for BTC and DeFi after COVID-19: Coindesk’s Opinion
Source Link: https://www.coindesk.com/will-defi-matter-in-a-post-coronavirus-world-feat-matt-luongo
4. Halving and COVID-19 Crisis May Lead To Miners War With Devastating Effects On Bitcoin Price
Source Link: https://cryptopotato.com/halving-and-covid-19-crisis-may-lead-to-miners-war-with-devastating-effects-on-bitcoin-price/
5. The combined market capitalization of all stablecoins has now reached an all-time high of more than $7 billion.
Source Link: https://beincrypto.com/7b-and-counting-waiting-to-enter-cryptocurrency-market/
6. Data shows that demand for Bitcoin and other cryptocurrencies is truly on the rise.
Source Link: https://cryptoslate.com/global-demand-for-crypto-continues-to-skyrocket-whats-behind-this-trend/
7. The U.S. Dollar is Dying, Sell Dollars, Buy Bitcoin: Robert Kiyosaki, “Rich Dad Poor Dad” Author
Source Link: https://www.newsbtc.com/2020/04/05/the-us-dollar-is-dying-buy-bitcoin-prominent-financial-educator/
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That depends on the news. It's very easy to create stories and fake news nowadays, but good thing is that people of today's generation are not dumb enough to believe to everything they see on the internet (at least to my own perspective).
Moreover, it's not safe to say that legit news will also improve the cryptocurrency market as a whole, or let's say affect the value of the primary cryptocurrencies. I've been a part of a group that predicts bitcoin price change for almost 1 year already, and I don't think that news on cryptocurrencies (unless it comes from big names or companies) really affect the market as a whole.
April 09, 2020, 04:18:00 AM
I think every financial market is effected by news and almost all the traditional markets are very sensitive to news that help speculators and other market forces to make profitable moves, for example, for example i have seen stock exchanges index plunging on negative statement regarding economy and business by the country's finance or prime minister and in some case if the company head makes a confusing or assumedly negative statement the share peice of the company dumps which shows the amount of speculation in the market.
So, The news drive the sentiment. It can be negative or positive.
Heres an example
https://nairametrics.com/2020/02/10/aella-credit-raises-10-million-debt-financing-round-from-singapore/
Creditcoin recieves 12 million in funding from chinese VCs, coinbase, Y combinator etc
and the price still hasn't moved very much.
So no I don't think the news can really affect the price
April 09, 2020, 04:06:30 AM
I think every financial market is effected by news and almost all the traditional markets are very sensitive to news that help speculators and other market forces to make profitable moves, for example, for example i have seen stock exchanges index plunging on negative statement regarding economy and business by the country's finance or prime minister and in some case if the company head makes a confusing or assumedly negative statement the share peice of the company dumps which shows the amount of speculation in the market.
So, The news drive the sentiment. It can be negative or positive.
April 08, 2020, 10:20:48 AM
So your first intention to make this thread is promoting your paltform? I guess yes.
But honestly, there are a lot of site platform who give the latest information against crypto currency. And most of them have been trusted by many people here.
I believe they will be more careful to use the information as a strategy/benchmark for investing. Because if they read the wrong news/article they will automatically lose their money.
Maybe you need to build the trust record first on this case. Make many user believe that your platform is legit and can be trusted, you can use the way to make some features and give the visitor crypto currency free like through faucet as an example.
But honestly, there are a lot of site platform who give the latest information against crypto currency. And most of them have been trusted by many people here.
I believe they will be more careful to use the information as a strategy/benchmark for investing. Because if they read the wrong news/article they will automatically lose their money.
Maybe you need to build the trust record first on this case. Make many user believe that your platform is legit and can be trusted, you can use the way to make some features and give the visitor crypto currency free like through faucet as an example.
April 08, 2020, 09:55:37 AM
It's still changing the market whenever we hear good or bad news. Look at it whenever someone known in the technology and financing industry tells something good about bitcoin or crypto.
The market will rush to increase and you will see the hype that will be made by those personalities.
The market will rush to increase and you will see the hype that will be made by those personalities.
sure but look at Creditcoin.
news releases about how coinbase and y combinator invested into them but the price still hasn't mooned. is this because people just don't know about the project yet?
i mean this is looking like the next 100x but people are basically unaware
April 08, 2020, 06:13:34 AM
Not that strategically these days,because people now learnt more from the past that News are tend only for the sale and not that concerned about the Crypto market.
yeah there are some that still panic Buy or sell when they hear about the news but many are just ignoring and instead of listening is they are doing own research about what is happening,and this is what we can maturity.
News paper wanted to sell their News so why need to just Buy and believe them when we have already a victim for so many times?
yeah there are some that still panic Buy or sell when they hear about the news but many are just ignoring and instead of listening is they are doing own research about what is happening,and this is what we can maturity.
News paper wanted to sell their News so why need to just Buy and believe them when we have already a victim for so many times?
April 08, 2020, 06:03:04 AM
It's still changing the market whenever we hear good or bad news. Look at it whenever someone known in the technology and financing industry tells something good about bitcoin or crypto.
The market will rush to increase and you will see the hype that will be made by those personalities.
The market will rush to increase and you will see the hype that will be made by those personalities.
April 08, 2020, 05:56:21 AM
Yes. The right nws will set the prices ablaze and the wrong news will shrink the prices of tokens. News is everything in business cryptocurrency is not left out. If today sec rules in favour of Bitcoin, Bitcoin can do a 100%/50% from here within few hrs. News is everything in life.
@Emilyearl How do you generally cope with the news? Which sources do you follow?
April 08, 2020, 03:19:17 AM
Yes, I think if news comes from a reliable source could turn everything up side down easily. On the other hands, fake news could do some damage as well if people are gullible enough.
April 08, 2020, 12:16:01 AM
I don't think he needs any proof to back his claims as by just observing you can easily notice this. The Media has more bigger audience and rhe general public tends to rely on them for their everyday information. If they decide to hype a certain propaganda it affects the market either negatively or positively. Trump's hate speech on bitcoin had no immediate impact until the media decided to hype it by constantly repeating it and other media source followed making the speech a norm in the space and it affected the market negatively.
In the real world we know, this media platforms are responding for some unnecessary attention given to things such attention shouldn't be given to. They hype certain news that profit then while down playing others. Information is power which means anyone who has control over the information control the power.
In the real world we know, this media platforms are responding for some unnecessary attention given to things such attention shouldn't be given to. They hype certain news that profit then while down playing others. Information is power which means anyone who has control over the information control the power.
Sad but true, hopefully it does change but the how and the when, might not be certain yet or even be possible due to achieve soon, knowing how crypto can easily be manipulated right now (by whales and/or by the media).
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April 07, 2020, 11:43:27 PM
Crypto news is one of the major player of market manipulation. It's a tool used by whales, who are the owner of the news agencies that gives a biased news or even the real one after making significant market change. Sometimes they are also supported by the insiders of different project. The team leaks the news themselves to others and they make the market move accordingly before publishing it.
Is this only a presumption or do you have evidence to back your claims? I've never heard of whales owning news agencies. The "insiders" part is true though - if you're a whale, it means you have a ton of money so you do have contact with some key persons from the crypto world.I don't think he needs any proof to back his claims as by just observing you can easily notice this. The Media has more bigger audience and rhe general public tends to rely on them for their everyday information. If they decide to hype a certain propaganda it affects the market either negatively or positively. Trump's hate speech on bitcoin had no immediate impact until the media decided to hype it by constantly repeating it and other media source followed making the speech a norm in the space and it affected the market negatively.
In the real world we know, this media platforms are responding for some unnecessary attention given to things such attention shouldn't be given to. They hype certain news that profit then while down playing others. Information is power which means anyone who has control over the information control the power.
April 07, 2020, 11:25:09 PM
There are 2 sources of market sentiments, the first is the external and the 2nd is internal. What is external sources? These are the news, articles and posts in the forum or in any social media platform, friends or even family. While the internal sources is about how we interpret or understand what is currently happening in the market. Right now there are many news around the internet aboyt cryptocurrencies but I do not get hyped because ny decisions are always based on what is happening to the chart.
April 07, 2020, 11:10:00 PM
As long as you know that now everyone is guided by the internet, of course the news is a mainstay for all people, no wonder the news about cryoto, blockhain, industry, good and bad are driven by existing news.
Not a few people do something good and bad based on the news.
This is the same as the crypto market or the like can move and retreat based on news, for that if the news is loaded positively everyone will move forward and vice versa.
Not a few people do something good and bad based on the news.
This is the same as the crypto market or the like can move and retreat based on news, for that if the news is loaded positively everyone will move forward and vice versa.
Agree, news were the main platform community would look for prior to making their decision upon doing something else. I could say, that, news fuels the drive of everyone on doing some clueless stuff. What I mean, is that if there's no source behind such activity then news could be a signal whether to go through or not. It's been ages since media exist, and it really make the world go different simply by hearing different news and such, and so the market as well. At some point good, 'cause it triggers people to act accordingly rather than to be an ignorant one.
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