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Topic: How much the power of news can affect the Bitcoin price? (Read 3398 times)

newbie
Activity: 33
Merit: 0
with the news about cryptocurrency or bitcoin it can affect the condition of cryptocurrency prices very much maybe 90% of the influence of news about cryptocurrency can affect the condition of price movements.
That is why it is too much important that we should try to spread good news  about bitcoin and should try to convince people about the importance of bitcoin that how to use and what are the advantages of bitcoin.
full member
Activity: 659
Merit: 101
with the news about cryptocurrency or bitcoin it can affect the condition of cryptocurrency prices very much maybe 90% of the influence of news about cryptocurrency can affect the condition of price movements.
News will not affect the price of Bitcoin if holders do not consider this news important in their strategies. But yes, news have impact on the price of Bitcoin as if users are considering these news then they will show reaction to it which will result in selling or buying of coin. In both cases the price will either go high or down after increase or decrease in demand rate as such reactions will alter demand rate.
sr. member
Activity: 560
Merit: 250
with the news about cryptocurrency or bitcoin it can affect the condition of cryptocurrency prices very much maybe 90% of the influence of news about cryptocurrency can affect the condition of price movements.
hero member
Activity: 1036
Merit: 502
Maybe if I am going to rate the power of new or the influence of new for bitcoin market price on 1-100 then it would be 30%. The news can really influence the market price movement of bitcoin but the market price increase does not only convey on the news for there are some reasons or factors that affect bitcoin market price movement.
There is no doubt that bad news will hampered bitcoin price because investors is very sensitive to any issues that  arises, for us as a believer we should, commit our selves not to believe what ever news arises, we shouldn't give  up and stand for good. 
full member
Activity: 924
Merit: 221
Maybe if I am going to rate the power of new or the influence of new for bitcoin market price on 1-100 then it would be 30%. The news can really influence the market price movement of bitcoin but the market price increase does not only convey on the news for there are some reasons or factors that affect bitcoin market price movement.
newbie
Activity: 21
Merit: 0
Bad news or good news can effect to Bitcoin price, it's true but not all. The price can grow up or down depends on real transaction in market whether high it's mean the buyers dominated market.
member
Activity: 406
Merit: 49
It's hard to imagine what strength there should be news that most of the participants of the market changed their strategy and began to move in the opposite direction, because the main thing is not news but the reaction to it
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
I think almost 90% of every good news or bad news is attacking the cryptocurrency condition, the price in the exchange place will change to adjust the circulation of information on the day, when there is bad news the price will fall but if there is good news the price will be very expensive.
sr. member
Activity: 532
Merit: 255
Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks   Smiley

We can measure it by the way knowing how many bitcoin users who have been affected by the news, if their number dominates the market, of course the effect can shift the price of bitcoin.

In my opinion, it is still the quality of news that really affects the Bitcoin price, fake news spread by fudders will not affect the pricing, the question is what is the news? where it came from? Is it real? Most news affecting Bitcoin price are those news came from the government, those news that really made against the Bitcoin like banning from a certain country, declaring it as illegal and the likes of them.

For those who already have experience, of course they will think like what you say. Perhaps, only people like you who are strong standing when the FUD hit the market. But in reality, FUD often makes panic for bitcoin users, especially beginners who don't understand the risks.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
News plays a major role in the progress of a crypto like bitcoin. A news can be a good or bad and sometimes FUD are spread through news that scare other investors to invest or make other crypto holders to sell off their cryptos.
jr. member
Activity: 672
Merit: 1
Moderator
The power of news change the whole scenario of market because crypto markets growth is almost depend on good and bad news. if bad news came then the whole market will goes to downward side, but if there is good news came then market will start to rise and we can see the new high of it. And also, good news pulls new people also to invest in crypto market.
So, the news play a very big role in the growth of market.
sr. member
Activity: 714
Merit: 250
I really think when good news comes out it has a big impact on the market price. Adaptions to have bitcoin to join the community. I believe when good news spreading people have it's opportunity to buy bitcoin that makes price to increase.
newbie
Activity: 21
Merit: 0
In my opinion. Some news media controlled by government. that's mean, not all contents are really pure from reality. By this condition when news can effected to down or rise Bitcoin price, it's can be dangerous to invest in Bitcoin for a long time. But, I read from many websites that Bitcoin price predicted go rise up on November 2019. Detail charts and reason can see on steemit*com. CMIIW
newbie
Activity: 3
Merit: 0
Herd mentality. People acting out of emotion, reacting to something that may or may not be rational. Its good to keep on top of news but realise that the price will most of the time rebound after the initial reaction.
newbie
Activity: 59
Merit: 0
People get influenced by the news. Why you ask? Cuz people are sheep that's why. This means that the news definitely have influence over the crypto market and they play are very large part here. The other big factor is the whales manipulation, even larger than the power of the news so YEAH don't worry guys, there will be a bull market when the whales decide.
EUM
newbie
Activity: 41
Merit: 0
News is a rumor. There is a theory of spreading rumors. It is used to manipulate people and their actions. When public news is created in advance predict the social effect of it. When they create news on cryptology, they also expect to get the desired effect.
full member
Activity: 412
Merit: 100
If today you have many critics then you will feel unhappy and for Bitcoin more and more bad news will affect the face of Bitcoin and make people no longer believe Bitcoin.
member
Activity: 224
Merit: 10
A lot of people get carried away by rumors is true or not so the news can change the bitcoin trendence in an instant and also affects the entire market of the alcove therefore if it has a lot of influence and if they are positive then it is good for everyone too the regulations of some countries or attacks of hakers affect us in the prices in if the bitcoin is not vulnerable but the people if we hope that in the next months there   recovery in the prices

I think that news can significantly affect the price of bitcoin, because the more its popularity, the more its price grows, and vice versa
full member
Activity: 518
Merit: 100
News is very influential even if it is true or fake. Because of news they hear and read there are some who can do things that  may took others life.
In crypto news has a big part. Once the news is good  many investors enter the market while if it is bad it will affect the users and also the price. As long as many investors invest on bitcoin the price of bitcoin also increase.
copper member
Activity: 381
Merit: 0
Yes, news will always affect the price of bitcoin... The prices are most likely to increase when there's major good news about bitcoin.. For instance, if we get the News that China has lifted its ban on cryptocurrency and icos, prices are most likely to go up again... Just like the bad news of China banning cryptocurrency will affect prices negatively..

So, news are very important to btc.
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