Topic: Does speculation affect bitcoin negatively? - page 5. (Read 589 times)
Yes, speculation not only affects the current market but it creates consequences which work as an obstacle to the growth of cryptocurrencies as a payment system. It creates market volatility and that is not good for the companies having a turnover in billions because even 1% fall in the price might cost these companies in millions so we must seek stability as soon as possible.
Yes, I think that bitcoin is not strong and stable enough not to succumb to negative affects. We see how bitcoin falls on the background of bad news and takes off against the background of good ones. Such kind of speculation affects Bitcoin in both ways. That`s why the crypto currancy has to become more confident and less prone to different kinds of speculation.
From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
Negative news about the crypto currency has always had a bad effect on the price of bitcoin. After all, the price of bitcoin is formed on the basis of supply and demand, and the demand for bitcoin depends heavily on whether good or bad news comes about crypto currency. Recently, the bad news is hindering the growth of bitcoin prices.
Of course, the news affects everything – on our lives, markets, on the value of securities and on bitcoins. Ecли you're new and reading bad news, giving out what you're going to do? Of course Panic! I think that we who have been doing this for a long time, visit strongly believe the news, but the newcomers are many and they panic.
From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
You can't say that "a lot of people are speculating" because all of us are speculating the price of Bitcoin, and of course it does affect the price and the price of Bitcoin is driven by traders, investors, miners, exchanges especially the big ones. I'll give you an example, lets say that a huge company announced that they will invest huge amount of money in Bitcoin after the price dropped a lot, this means that they believe it will become more valuable in the future and that is considered speculating. It will affect the price because they bought huge amount of the supply of Bitcoin. 
No, speculation doesn't affect the price of bitcoin in a huge way unless these people are whales who could manipulate the price whenever they want. Bad news in general could affect the price but if we are only talking about speculation alone I doubt it. These could just be FUD I mean anyone could post "Bitcoin heading $XXXX next week/month/year".
Slightly off topic but since we are talking about Bitcoin's down ward movement the MtGox trustee might be the one who caused the price to go down today.
Slightly off topic but since we are talking about Bitcoin's down ward movement the MtGox trustee might be the one who caused the price to go down today.
No it will just create a good atmosphere for bitcoin discussion and could also be the reference on members holding some bitcoins. Some members here could excellently explain the good things on bitcoin and their speculation. This is why we have the bitcointalk forum for bitcoin discussion and it is good to discuss about bitcoin speculation. For me this is a good thread to start the speculation for bitcoin.
From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
It depends on who is speculating mate. If big media companies and whales are speculating it would effect the market right away as you can see on the market. They always throw some news about how China or Russia had regulations about bitcoin and after couple of hours another news comes and says that there were actually no regulation. If you want to be successful trader you should try to be away from all those speculations.
Yes it does, it is speculations, fundamentals and technical analysis that traders use to determine and push the price of bitcoins. Speculations of the outcome of bitcoins price from the news been read, and the charts on technical analysis help traders to make informed decision.
Well, I think not all speculation are brings negativity to bitcoin because most of it gives good effects to bitcoin movements. It is true that our speculation has a biggest impact to bitcoin so it is better for us to be much careful in giving speculations or maybe it is much better that let us keep it only into our mind so we are the only one who knows what we are speculate.
Yes. Most of the negative effects of Bitcoin's price fluctuation come from speculation and negative news. There are very few events (the hacking of an exchange for example) that -should- impact the price of crypto; the rest of it is speculation.
From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
Jump to: