Does positive news have any impact in bitcoin price

akihiro101117

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Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

media is just a medium of the whales to manipulate prices. observe when cnbc crypto news i find their assumptions always contrary to the movement of cryptocurrency. news are for the small players

jfelix

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Mostly don't have because of a highly manipulated market

pocketfullofpoke

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Indeed because it brings positive thinking to people who really wanted to invest in crypto but are just doubtful and fearful. Just like the spread of FUDs, it also causes the crypto's market price to go low. But since so many people trying to take down prices through spreading fud, cryptos are suffering from downtrend since January until today.

darkangel

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Of course this market is manipulated and controlled by news.
In 2018 we continue to receive bad news related to the market and so many FUD so the market has fallen to the lowest of 2018. And we are waiting for the good news in the last few months of 2018 let the market have a chance to go up again

planton96

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Yes positive news does help bitcoin to grow up but now a day’s bitcoin has recognized too many people. So the haters of bitcoin sometimes try to spread negative news about it. So it also create a negative impact on it. So I think it is one of the reason to not grow as before.

When it comes the circumstances of bitcoin even without doing technical analysis. Wherein they're always jumping quickly on it to contribute on the growth rate even have no specific information behind the news.

Question123

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Positive news can really help to pump bitcoin price because possible to those people who are see the good news about bitcoin van invest because they are curious what is bitcoin and do search and they see the potential and they will invest and price pump and to those investor already leave high chance to get back or invest again to bitcoin because they want to earn profit again.

danice15

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Of course it has. Positive news will definitely give us or will affect high impact in the market. Having an postive returns will make the price positive as well. It is like we're gaining trust. Positive news means the market is doing great. So many investors will get interested in bitcoin or other coins.

rainezerr

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Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

Absolutely yes, most of the people are investing based on their emotions and if there is a good news about cryptocurrency then they will invest a huge amount in order to earn more profit when the market prices starts to pump up again.

Tigorss

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what news? Does it tell about the price of bitcoin next month? if yes, I think that the predictions put forward by the experts about the results of the observer, if the effect to bitcoin is certainly not certain because it is only an estimate of what will happen in the future, then obviously it has no effect on prices.

blockchain09

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more or less, the market is likely depends on rumours, news and some other elements. That's just how everything goes for a while now.

Bagaji

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Yes of course, positive news always affect Bitcoin price positively and we have seeing it happen last year and i believe that it will continue to happen in the future. Although, there are other factors that usually affect Bitcoin price positively which may not be in the news stream.

watashi007

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Quote from: hispout on September 08, 2018, 05:02:49 AM

Quote from: clarkgeneral86 on September 05, 2018, 09:27:05 AM

Quote from: xvids on September 05, 2018, 07:56:48 AM

Of course it does it could make the price of Bitcoin to go up,
Any news could affect the price because it will trigger the decision of the investors .

It is like the real estate market, the good news is that the price will grow drastically and vice versa. This is the information and communication age, all information will more or less determine the direction of the market.

You are right about the positive news affects any business or product in better way not only real estate goes better with positive news but almost all the products go better with positive news. Similarly Bitcoin has created different perceptions and we can only get attracted with it if we hear positive about it. When we hear that any other country when recognizes the Bitcoin then it shows us its positive image.

If you study the market trend then you'll see almost all the pump situations had some good news behind them which made the price go high. In future there are good news lined up for Bitcoin for sure and hopefully they will affect the market in positive way like always.

BlackPanda

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Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

Positive news will indeed make an impact for the increase in Bitcoin prices. This has proven to have happened several times and the price of Bitcoin has even reached a record when there is a lot of positive news. For now, there is still not enough positive news that can change the direction of Bitcoin price movements. Support from various parties such as government and large companies that accept Bitcoin payments can be a major factor, we wait for all of that to happen because when bitcoin can be legally recognized, Bitcoin will be increasingly widely known and on a very ideal path to the era of digitalisation global financial system.

hispout

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Quote from: clarkgeneral86 on September 05, 2018, 09:27:05 AM

Quote from: xvids on September 05, 2018, 07:56:48 AM

Of course it does it could make the price of Bitcoin to go up,
Any news could affect the price because it will trigger the decision of the investors .

It is like the real estate market, the good news is that the price will grow drastically and vice versa. This is the information and communication age, all information will more or less determine the direction of the market.

You are right about the positive news affects any business or product in better way not only real estate goes better with positive news but almost all the products go better with positive news. Similarly Bitcoin has created different perceptions and we can only get attracted with it if we hear positive about it. When we hear that any other country when recognizes the Bitcoin then it shows us its positive image.

Roni116

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Obviously that is true, positive news brings positive value so that it will make investors adopt bitcoin and with that the price of bitcoin can increase.

dmamigo

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Quote from: carlisle1 on September 05, 2018, 11:51:51 AM

Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

While theres alot of positive news given to bitcoin as you have said,we have more negative issues and the biggest part are the countries that giving strict policy and some are banning cryptocurrency in their territories,this was the burden bitcoin must struggle to gain more value.

The negative issues like banning cryptocurrency trading are taking a hit. Many people still using a loophole of the rule being passed, but still, people are frightened. And on top of that, influential people who are against cryptocurrency and its system are full on making people more frightened, who are less knowledgeable and who are having a tender heart. Similarly, good companies accepting cryptocurrencies increases some courage. So not only the news but also many other reasons for which the price get impacted both ways, be it positive or negative.

zazarb

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Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

Good news of course has impact for Bitcoin price even today, but the main problem is the extent of speaking.
Year ago , or couple years ago the people speak much less about Bitcoin and when people have hear more and more about something, then those news starts to care less and less to them. So there is the main problem why news don't longer have so huge effect on the price movement.

carlisle1

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Quote from: nussy on August 02, 2018, 05:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

While theres alot of positive news given to bitcoin as you have said,we have more negative issues and the biggest part are the countries that giving strict policy and some are banning cryptocurrency in their territories,this was the burden bitcoin must struggle to gain more value.

Bokugo

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Quote from: clarkgeneral86 on September 05, 2018, 09:27:05 AM

Quote from: xvids on September 05, 2018, 07:56:48 AM

Of course it does it could make the price of Bitcoin to go up,
Any news could affect the price because it will trigger the decision of the investors .

It is like the real estate market, the good news is that the price will grow drastically and vice versa. This is the information and communication age, all information will more or less determine the direction of the market.

I think undoubtedly positive news about bitcoin bear a large impact on the growth of crypto currency.
More the positive publicity is more people will get attracted and get acknowledged of bitcoin.

clarkgeneral86

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Quote from: xvids on September 05, 2018, 07:56:48 AM

Of course it does it could make the price of Bitcoin to go up,
Any news could affect the price because it will trigger the decision of the investors .

It is like the real estate market, the good news is that the price will grow drastically and vice versa. This is the information and communication age, all information will more or less determine the direction of the market.

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