Topic: Do you really think news can change the Crypto Market Sentiment very easily? (Read 616 times)
April 26, 2020, 11:31:30 AM
It depends, the kind of news that can affect Bitcoin price or crypto market value nowadays would be a very high quality news, things have change very much in crypto space now, news can't change crypto world that easily anymore
April 26, 2020, 11:03:07 AM
This is what I have seen so far. When any good news comes, market starts to go up. On the other hand when any bad news comes the whole market are going to a bad state. So we can say news can change the crypto market very easily.
April 24, 2020, 12:47:06 AM
Not true at all. News can affect crypto market sentiment very easily. for example Creditcoin recently had a bunch of big news articles due to their coinbase and y combinator investment and the price increases almost 6000% so it definately does have some sort of effect.
April 19, 2020, 11:11:54 AM
When the news about covid has been seen, we experience a huge down fall right? But its due to the reason of supplies and people needed shelter for their needs. However does this news make it really go down? How about those manipulatimg the trading on exchange? We should also consider that in my opinion.
I do look at the news too mostly in social media.
Facebook and Twitter. But we cannot rely on it always to make a sudden movement in the prices.
Let's have some facts and make ICO listings as an example.
Whenever they are listed in a popular exchange (i.e. Binance) what happens afterwards?
People in telegram are screaming to be listed there but yet afterwards it goes sinking.
Yeah, trading should also be considered.
April 19, 2020, 10:35:48 AM
News has always been one of the most important points for crypto pricing. One news can up or dump any coin and make the market crazy. Cause it's all about supply and demand that are dependent on what happens in markets, countries, governemnts, etc.
I agree that fundamentals are also a factor of coim drop and rise but we should not always depend on it. We should also look on the other side of crypto which is the trading. Lets make it a double reference and not only rely on some news that are created to fud and shill the market.When the news about covid has been seen, we experience a huge down fall right? But its due to the reason of supplies and people needed shelter for their needs. However does this news make it really go down? How about those manipulatimg the trading on exchange? We should also consider that in my opinion.
April 15, 2020, 01:50:28 PM
It is said that in crypto currency, trading involves emotions, and market trends depends on the emotions of both the seller and the buyer (because they make up a cryptocurrency market).
In that sense, i will concur that news thus affect market sentiment, some news will push sellers to sell, while the same news pushes buyers to buy the dumps.
Thats why its about the amount of information you have at hand, and your emotions.
Fud or fomo are part of emotions while trading, stay clear of it.
In that sense, i will concur that news thus affect market sentiment, some news will push sellers to sell, while the same news pushes buyers to buy the dumps.
Thats why its about the amount of information you have at hand, and your emotions.
Fud or fomo are part of emotions while trading, stay clear of it.
April 15, 2020, 12:06:47 PM
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.
Yes, but it is a double-edged sword. What do you think is the manipulator's plan? The news does not come easily to us, it has been spread through many money-rich people. Then they bought all the coins at good prices and then just waited for us to fomo and sell it. That is also why many shitcoins in top exchanges always have long beards and make a lot of traders lose. so be alert before trading on news. Make sure you know the news early or never join it. This is a very risky way to trade. April 15, 2020, 11:49:51 AM
News has always been one of the most important points for crypto pricing. One news can up or dump any coin and make the market crazy. Cause it's all about supply and demand that are dependent on what happens in markets, countries, governemnts, etc.
April 15, 2020, 08:32:39 AM
News is very important in crypto, but definitely not a bad one. The weight of a news and the impact also depends on two factors, one is the source and the other is the authenticity of the news. A well known influencer is one thing people look out for in news and coming from such person, people tend to rely more on such news. You can bet me that crypto will skyrocket if there's a single news from Trump today concerning crypto. I think the last one where Trump condemned crypto, there was a little spike in prices.
April 15, 2020, 06:58:57 AM
The crypto market isn't falling apart, but in just a glimpse of a second, it will change because of the news spread it. The news can be good, positive or works the other way such as violent, depressing and emotionally-charged. So make sure that the news you are following is verified Avoid to be mislead by the fudders also. According to the study, exposure to negative and violent news may have serious and long-lasting psychological effects.
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April 15, 2020, 06:37:12 AM
I would say maybe yes, and maybe no. Because if one person can handle his emotion after he read some news, he will not panic or want to make something at the market, and he will have a chance to calm himself down first and search for more news to find the truth. The news can easily give an impact on the market when people cannot learn or search for more and only depend on that news so they will be panic. But if you can calm down, and you can see that there is nothing to worry about the market.
April 15, 2020, 05:58:46 AM
News is a very strong element in many platforms and the crypto market is not different. With the right news or good news, the market will change in a minute and everywhere will be green, on the other hand, with the bad news, the market will turn down and every coin will bleed. Therefore, yes, crypto market sentiment depends hugely on news which is majorly the reason many people always search for good news in order to change strategy on most coins.
April 15, 2020, 05:46:37 AM
Bitcoin is protecting the price at the moment, staying above $5000 as the price resistance in the pandemic. The only challenge will be after halving and nothing looks attractive to the coin but if the price can stay above $5000 all thtough the crisis and post halving, a level of sentiment would have been achieved.
The stimulus package from most developed countries will be a positive add up to the space. After the quick inflation from the printed money then we expect a quick deflation as well where the bull market picks up and progresses. The space will need this 3-5 important months to know where we head.
The stimulus package from most developed countries will be a positive add up to the space. After the quick inflation from the printed money then we expect a quick deflation as well where the bull market picks up and progresses. The space will need this 3-5 important months to know where we head.
April 15, 2020, 05:16:34 AM
generally positive news about cryptoqurrency can affect the price of bitcoin or the market situation for the better. on the other hand when the market is really improving it can also have a positive impact on the adoption of crypto or new investors, we all hope this happens as soon as possible.
April 15, 2020, 01:55:18 AM
Heres a perfect example
look at this article
https://techpoint.africa/2020/04/03/millions-of-west-africans-can-now-access-affordable-health-insurance-thanks-to-aella-and-hygeia/
This is all done using BLOCKCHAIn technology and the underpinning coin Creditcoin is powering health insurance for 200 million poeple in Nigeria
Yet the price still hasn't pumped too much
i think its because its only on okex and bittrex right now but because coinbase invested into the coin hopefully soon it;ll be available for US residents to buy and trade
look at this article
https://techpoint.africa/2020/04/03/millions-of-west-africans-can-now-access-affordable-health-insurance-thanks-to-aella-and-hygeia/
This is all done using BLOCKCHAIn technology and the underpinning coin Creditcoin is powering health insurance for 200 million poeple in Nigeria
Yet the price still hasn't pumped too much
i think its because its only on okex and bittrex right now but because coinbase invested into the coin hopefully soon it;ll be available for US residents to buy and trade
April 13, 2020, 03:03:51 PM
It is an indirect affect and not a direct one but it definitely does affect it. Think about it, a news by itself when nobody reads it can't really affect anything, nobody read it so nobody knows about it, so it is irrelevant to market as you might expect, however when a news gets big and there is a viral situation going on, everybody hears about it and the first ones make their moves so the later ones who reads it and sees the movement will join thinking that is what they should do and it creates a snowball affect where everyone reacts the same way.
If you read a news even if its a good one but the price falls, you think that is the reason and you start selling too (well you shouldn't but some people do). That is why news do make people move their money to market movements.
If you read a news even if its a good one but the price falls, you think that is the reason and you start selling too (well you shouldn't but some people do). That is why news do make people move their money to market movements.
April 13, 2020, 02:16:22 PM
Genuine news is one of the strongest points of gaining and winning the attention of people in general. When it comes to cryptocurrency, over time, it has been discovered that it has a strong influence whether positively or negatively.
People use the news to drive the market down and it can e used to bring it up.
Similarly, the news is a powerful tool that can be used to achieve crypto and blockchain technology adoption.
People use the news to drive the market down and it can e used to bring it up.
Similarly, the news is a powerful tool that can be used to achieve crypto and blockchain technology adoption.
April 13, 2020, 04:47:00 AM
News are always the market movers. No doubts.
Because, most of the traders are listening to news to finalize the directions of their trades. Moreover, alcoins are less sensitive to every news whereas almost all the cryptos are just depending on bitcoins' market directions but bitcoin is sensitive to world economy impacting news. This means altcoins are indirectly depending on news still.
Stocks, forex and commodity are purely depending on their related news. Stocks are being traded as per government and concerning sector news and more importantly based on the policies of that company. Forex and commodity are getting impacted by supply and demand along with government policies. But, compared to all of these, altcoins are depending on news in less levels only.
Because, most of the traders are listening to news to finalize the directions of their trades. Moreover, alcoins are less sensitive to every news whereas almost all the cryptos are just depending on bitcoins' market directions but bitcoin is sensitive to world economy impacting news. This means altcoins are indirectly depending on news still.
Stocks, forex and commodity are purely depending on their related news. Stocks are being traded as per government and concerning sector news and more importantly based on the policies of that company. Forex and commodity are getting impacted by supply and demand along with government policies. But, compared to all of these, altcoins are depending on news in less levels only.
April 13, 2020, 04:38:28 AM
The news, whether good or bad sets price race and moves it to meet with Technical Analysis (TA). Of course, it's the news of any sell off or transfer of Bitcoin by whales that crashes price. We see this often to doubt the overbearing influence of news on Bitcoin and by extension, the crypto industry.
April 13, 2020, 04:11:14 AM
The last coin to 6000x recently twas Creditcoin. The secret to finding these types of moonshots i've found is actually to find press releases and news especially about investments into projects by prominent names.
For exmaple i found out about creditcoin because of a press release of how y combinator and coinbase had invested into the projcet.
these are basically breadcrumbs to find new projects
For exmaple i found out about creditcoin because of a press release of how y combinator and coinbase had invested into the projcet.
these are basically breadcrumbs to find new projects
April 10, 2020, 10:29:55 PM
People reacts to news good or bad because it has an impact on how they are going to live, like what is happening right now we are in a pandemic and this has drastically change our sentiments in the market and in the world in general, once we have a news of vaccine, the investors sentiment will change and will be in a hurry to get back investing in the market.
April 10, 2020, 09:02:36 PM
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.
The answer should be maybe yes or maybe no. As far as i know crypto market is really sensitive to any news. This doesn't mean anynews will bring a huge impact on the crypto market. The news that comes from the important party will totally bring a huge impact to the crypto. However, the news will have an influence on crypto market traders are there because miners , coin users and hunters are here.
Bad news from a trusted party means bad sentiment for sure caused by it can affect the trust of the users of crypto itself.
April 10, 2020, 08:37:20 PM
since the covid-19 attack it just a few weeks ago the crypto market was experiencing a minor problem due to some news outbreak and there was an immediate change in currency exchange of crypto, but you shouldn't be allowing yourself to discourage this kind of situation whereas it is probably that it will be a temporary, not a majority in which is the technology of crypto is simple if where they have a sentimental value that even if, it were to be destroyed it would be poured out their energy to remain intact.
April 10, 2020, 02:08:54 PM
The news is about the fundamental changes in the background, without the news analyzing the fundamental data will be impossible, IMHO. Single technical analysis is not enough to get the idea about sentimental changes, so better to stick to the old rules.
Fundamental and sentimental analysis is essential than all other details, IMHO. Sentimental analysis is not always profitable for the inexperienced traders because they don't know how to read the data in front of their trading desk. They check the emotional support/resistance lines on the chart but forget to measure the power of sentimental trades around the key price levels. Mistakes cost them a lot in fake breakouts, it has been proven several times.
Fundamental and sentimental analysis is essential than all other details, IMHO. Sentimental analysis is not always profitable for the inexperienced traders because they don't know how to read the data in front of their trading desk. They check the emotional support/resistance lines on the chart but forget to measure the power of sentimental trades around the key price levels. Mistakes cost them a lot in fake breakouts, it has been proven several times.
April 10, 2020, 09:45:02 AM
Of course, news is affecting sentiment in the Crypto Market, just like in any other market. Another thing is that news is also often manipulated, and therefore price. First of all, we need honest and objective news. Although, it is quite difficult to put into practice.
April 10, 2020, 09:22:19 AM
It does not depend on the single factor, maybe the news is just one of it but holds a lot of percentage to influence the price. Not all the factors that affects the price of bitcoin has the same amount of effect, do you think Craig's opinion matter every time he speaks? ofcourse it does not but a global news like corona virus can really affect the movement of price especially when it is very serious. However it depends to the people, people are the ones behind the price so the price is people and the only thing you can influence is the people.
It also depends on the impact of the news on the crypto community because there are a lot of news also that don't have an effect to crypto so it never changes the price at all. But with the current phenomenon we have right now, corona virus has made a great impact not just on crypto alone but to the welfare of all the people in the whole universe.
Yes, that is what I meant. News is on of the factor that influence the price of bitcoin.
It is quite obvious that not every news affects the price of bitcoin. Only the news which is relevant to the crypto community can affect bitcoin's price.
Also, it's not necessary that every crypto news would make an impact on bitcoin's price but there are some global news which makes an impact on it.
The point being 'news' does have an influence on bitcoin's price. Just that the news' severity also matters while making an impact on bitcoin's price.
April 10, 2020, 01:52:53 AM
That's old trick or scheme, in 2017 if any good news get to public about a particular project there will be effects, many investors will quickly go and buy the coin but now things have changed
April 10, 2020, 01:22:59 AM
Of course, the crypto industry thrives on news, updates and new developments that are popping up in the industry.
Thrive? Thats harsh word to say. You mean they just depend on the global news? Then the market will be seen is depend also on upcoming fud or shill? You must be right on some point but this isnt a good reference though. How about market technical analysis? It will not matter if the sole basis of the prices is only came from news.All the list by OP are no doubt creates a huge flaws on the current price make it dips like hell but thats not all the factor and sometime we missed it. Anyway looking on the bright side of market is slowly it is recovering. Hope it does.
April 10, 2020, 12:46:30 AM
Of course, crypto news have a big part in this industry. So if ever that there is a news that circulates throughout the internet (whether if it is in social media, articles, etc.) especially FUD or FOMO it actually gives a huge effect in the market.
April 10, 2020, 12:43:27 AM
Of course, the crypto industry thrives on news, updates and new developments that are popping up in the industry. Imagine if both the US and China announces to start using Bitcoin or adopt any use case of a crypto project. It will cause a rise in the market cap of that coin for sure and early investors are going to make huge profits.
That can make people try to buy bitcoin as soon as possible before the price increase so high. The news can give effect panic to many people because some of them are not trying to search from the other news, so they just follow that news and they decide to do what the news suggests. We cannot do that because without searching for the other news, we cannot know what is happening, and we cannot make the right decision. But the market will react with the news, whether if the news is bad or good, and we need to find out the truth.
April 10, 2020, 12:12:56 AM
News has an effect on the whole market. Any development on cryptocurrency can influence the who market aspect, this also includes FUD which most people buy whenever there are news than a whale had moved their crypto from a wallet to an exchange or vice versa. Cryptocurrency updates, news and articles has a huge impact on the whole market.
I also do believe, the market is also biased by the latest news and happenings. Currently, I use 'Google News' to understand the market. How do you follow the happenings?
April 09, 2020, 01:21:01 PM
Yes what we technically do here is trade news which is based on numerous speculations. We trade sec news, Bakkt approval or adoption by a big company or just any news that will bring people into cryptocurrency.
April 09, 2020, 12:58:39 PM
Of course, the crypto industry thrives on news, updates and new developments that are popping up in the industry. Imagine if both the US and China announces to start using Bitcoin or adopt any use case of a crypto project. It will cause a rise in the market cap of that coin for sure and early investors are going to make huge profits.
April 09, 2020, 12:40:46 PM
News are very effective for market movement and even the last pump in bitcoin price was due to good news from USA where news of crypto compliance was being circulated, Europe is also offering crypto purchasing from banks and also encouraging people to use crypto which is also a great news and alongwith the short term gains also indicate future growth, importance and adoption.
April 09, 2020, 12:36:33 PM
Bitcoin's price is not dependent on just a single factor. It is influenced by many factors and news is one of them.
I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
It does not depend on the single factor, maybe the news is just one of it but holds a lot of percentage to influence the price. Not all the factors that affects the price of bitcoin has the same amount of effect, do you think Craig's opinion matter every time he speaks? ofcourse it does not but a global news like corona virus can really affect the movement of price especially when it is very serious. However it depends to the people, people are the ones behind the price so the price is people and the only thing you can influence is the people. I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
April 09, 2020, 12:25:02 PM
I doubt it very much. Firstly, we are now in a state of strong human limitations, and even the most positive news will not greatly affect the market.
Secondly, the time when the news ruled the market passed, in order for this to happen, you need truly global news support from the main broadcasting companies.
Secondly, the time when the news ruled the market passed, in order for this to happen, you need truly global news support from the main broadcasting companies.
April 09, 2020, 10:49:20 AM
But in fact, no one knows how bitcoin will behave after halving. After the previous halflings, the price of bitcoin grew.I hope it will be this time.Regarding claims against top exchanges, I will personally closely monitor the development of the situation.We are waiting for many more events and, accordingly, UPS and downs.
April 09, 2020, 10:41:18 AM
Bitcoin's price is not dependent on just a single factor. It is influenced by many factors and news is one of them.
I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
It also depends on the impact of the news on the crypto community because there are a lot of news also that don't have an effect to crypto so it never changes the price at all. But with the current phenomenon we have right now, corona virus has made a great impact not just on crypto alone but to the welfare of all the people in the whole universe. I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
April 09, 2020, 09:25:36 AM
Bitcoin's price is not dependent on just a single factor. It is influenced by many factors and news is one of them.
I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
I have personally seen cases where a news has triggered a good spike in bitcoin's price.
So in my opinion it does influence cryptocurrencies' price.
April 09, 2020, 08:40:30 AM
from the past few weeks all users have seen very good developments for bitcoin and other altcoins. market analysis is very petrified to add insight into crypto money. but the demand for crypto money is far more important that influences the increasing value of crypto money
April 09, 2020, 07:24:27 AM
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.
However, the news will have an influence on crypto market traders are there because miners , coin users and hunters are here.
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.
April 07, 2020, 06:51:07 PM
News has an effect on the whole market. Any development on cryptocurrency can influence the who market aspect, this also includes FUD which most people buy whenever there are news than a whale had moved their crypto from a wallet to an exchange or vice versa. Cryptocurrency updates, news and articles has a huge impact on the whole market.
News has an extraordinary effect. Moreover, the news is published by websites that have influence in certain fields, surely the participants will make the news as a reference. With this convenience, we can get news instantly and ontime, even from distant places, so we have to be selective, many also try to hide the truth by spreading fake news, hoaxes, and the like. 
April 07, 2020, 06:09:52 PM
Usually, news is about the fundamental changes of the project/coin. Technical analysis is done after carefully analyzing the fundamental basement, without the news there is no clear image of background fundamental image.
April 07, 2020, 06:02:16 PM
News has an effect on the whole market. Any development on cryptocurrency can influence the who market aspect, this also includes FUD which most people buy whenever there are news than a whale had moved their crypto from a wallet to an exchange or vice versa. Cryptocurrency updates, news and articles has a huge impact on the whole market.
April 07, 2020, 05:43:33 PM
Yes i think news does effect but the amount of impact it creates depends on the significance of the news or the way the market assumes it. Sometimes a news which we think will make a huge impact fails even to create some volatility and sometimes a minor news makes great moves in the market so in the end it is a mix of many factors alongwith the news.
April 07, 2020, 05:58:20 PM
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.
April 07, 2020, 03:32:03 PM
News are indeed vital in the crypto sphere, and it has little initiatives to change the mind of traders.
And a news can be categorized into 2, a fud news that causes panic, and a fomo news that forces anxiousness.
But if you can master your emotions as a trader, and make correct decisions most times, you will make a great trade out of all kinds of news in the crypto space.
And a news can be categorized into 2, a fud news that causes panic, and a fomo news that forces anxiousness.
But if you can master your emotions as a trader, and make correct decisions most times, you will make a great trade out of all kinds of news in the crypto space.
April 07, 2020, 11:51:15 AM
Definitely, news can have a huge impact on the price and market sentiment but for changing the sentiment and breaking the trend the news should have a great impact on the crypto industry, on the whole, and not all news impacts the market. So it depends on the news and its importance
April 07, 2020, 06:16:56 AM
Yes I do, news have a very powerful effect on the crypto market in as much as it can bring a positive growth, in the same way, it can bring devastating dump. Even in the world out there, some news can make someone happy at the same time there are news that are heart breaking. So once again, yes news is one thing that can't be ignored and I remember vividly when India lifted the ban on crypto, and what followed suit. Also, every trader is always on the lookout for news to know the best way to trade because for every good or bad news, the effect is seen on the market.
April 07, 2020, 05:16:17 AM
News is an important part of this crypto industry. More news are bringing more users to this space.
I know we want to have a huge number of user and crypto investors but we have to tell them or warn them what it actually it happens to them and risk inside. The news must be cleared enough for them to understand the situation and not covering those negative ones in the order that it looks promising and really encouraging. Because we know that news is so influential and people around are also relying upon what they heard or what they saw.
April 07, 2020, 04:45:31 AM
Obviously this is like an added advantage to crypto and common people will atleast go through such news and they will come to know what is crypto all about and how it facilitate people, only then they will give priority to digital currency.
Especially in lockdowns because anything can happen in upcoming days like corona... It's always better to give importance to such stuff.
Especially in lockdowns because anything can happen in upcoming days like corona... It's always better to give importance to such stuff.
News is an important part of this crypto industry. More news are bringing more users to this space.
April 07, 2020, 03:18:22 AM
Depends on how big the news is and how well it is received and cared about in the crypto community.
Of course, news do play a part in bitcoin but do not forget that half of the time people do not even care about it and it is the people who buy and sell this that causes the price to fall, in stock markets a company could make a lot of profits which will result with price of its stock going up, if not it would be undervalued, same when they make a loss as well, in crypto the only thing that makes it go up or down is how people perceive the price.
This means news could affect it depending on people really caring about what the news says, I would say global level type of stuff like corona for example do of course impact it but when it is "some famous crypto guy said this" type of small news it doesn't really change anything.
Of course, news do play a part in bitcoin but do not forget that half of the time people do not even care about it and it is the people who buy and sell this that causes the price to fall, in stock markets a company could make a lot of profits which will result with price of its stock going up, if not it would be undervalued, same when they make a loss as well, in crypto the only thing that makes it go up or down is how people perceive the price.
This means news could affect it depending on people really caring about what the news says, I would say global level type of stuff like corona for example do of course impact it but when it is "some famous crypto guy said this" type of small news it doesn't really change anything.
April 06, 2020, 09:37:20 AM
News has a very strong influence on the cryptocurrency market and the price of cryptocurrencies, of course, now the news has a much lesser impact on the cryptocurrency sphere, but it all depends on the news itself and their importance, so the news still has a lot of power.
April 06, 2020, 08:54:05 AM
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 cryptocurrency news are manipulating the markets willingly. Have you ever seen a Trump speech? Next time you do so, pop up some USA charts on your phone/laptop and watch how the markets move based on every single word Trump says. That's trading: you make moves based on the information you get. Once a significant headline hits the news, markets go wild.
April 06, 2020, 08:44:27 AM
I believe that any news about the cryptocurrency industry has a significant effect on the crypto market, and it works on both sides whether it is good or bad news, it is already proven many times that cryptocurrency prices will fall after the event of any negative news will be published and cryptocurrency price will climb after the positive news about crypto will be published. in my opinion, the cryptocurrency, speculative nature is the main reason why most of the cryptocurrency prices will react to any news easily.
April 06, 2020, 06:58:35 AM
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.
April 06, 2020, 05:49:20 AM
FUD and FOMO from rumors/news affects all markets but it is no longer a secret that cryptocurrency remains the most volatile and it gets easily moved by big players (a.k.a whales) followed by retail traders. The market being young and less regulated is probably another factor we should consider why it's so volatile.
April 06, 2020, 05:10:46 AM
Yes, but it still depends on the news
If the news is pertaining on the possible growth or such thing that will help to improve the market, it will change the market. But if the news is something that won't give any help or a news that is just pure non-sense it won't affect anything in the market.
If the news is pertaining on the possible growth or such thing that will help to improve the market, it will change the market. But if the news is something that won't give any help or a news that is just pure non-sense it won't affect anything in the market.
April 06, 2020, 04:51:54 AM
News does make many changes as people rely mostly on news to make their trade decision. This is similar to stock news. The first one to know something or the first one to act after reading a news makes the profit. That's why news related to stocks are highly regulated. But there's little on the crypto news. The so called large publishers are supporter of some coins or exchanges and are bias against some others. They often take the opportunity to enlarge a small issue to change the market sentiments.
The good news regarding the whole cryptocurrency market will undoubtedly have an effect on investor sentiment. If investor sentiment is positive, the willingness to invest will increase, especially if the good news concerns regulations passed by the government
April 06, 2020, 03:52:48 AM
News does make many changes as people rely mostly on news to make their trade decision. This is similar to stock news. The first one to know something or the first one to act after reading a news makes the profit. That's why news related to stocks are highly regulated. But there's little on the crypto news. The so called large publishers are supporter of some coins or exchanges and are bias against some others. They often take the opportunity to enlarge a small issue to change the market sentiments.
April 06, 2020, 03:24:29 AM
Not really. For example coins like Creditcoin which was invested in by coinbase, y comb, 500 startups, and a bunch of other places still is maintaining its ICO price.
April 06, 2020, 03:22:26 AM
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.
April 06, 2020, 03:17:25 AM
Obviously this is like an added advantage to crypto and common people will atleast go through such news and they will come to know what is crypto all about and how it facilitate people, only then they will give priority to digital currency.
Especially in lockdowns because anything can happen in upcoming days like corona... It's always better to give importance to such stuff.
Especially in lockdowns because anything can happen in upcoming days like corona... It's always better to give importance to such stuff.
April 06, 2020, 03:06:50 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.
April 06, 2020, 02:45:16 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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