I've always heard buy the rumor and sell the news.
The news can have a big effect on price but a lot of it is completely fake and its just used as another manipulation tools by whales to make massive amounts of money.
Topic: How much the power of news can affect the Bitcoin price? - page 11. (Read 3385 times)
News can change only the mind of the people. So, the people can decide whether they should invest in bitcoins or not and that’s all. Sometimes it may have a great effect also. If the news publishes any fake news about the coins then the demand and the sell will be affected. It affects the price also.
In my opinion, newspaper and media don’t have that power which can affect on the bitcoin’s price. It’s true that after hearing much news about bitcoin, people may invest or sell the coins but it doesn’t have any effect on the price.
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
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
It really affect the market but in really short time, because people just FOMO.
I think the real thing which make market price is when the whales make a move, it will affect market so bad and it will last longer than just a news
News and media have great power in all aspects. But the thing is, news can change only the mind of the people and that’s all. News can’t affect on the price of the cryptocurrencies price like bitcoin.
At this moment there are a lot of good news around cryptocurrencies, that more and more big companies are willing to adopt it, but the price doesn't rise.
I think they influence, but much depends on news sources. For example, if it is a specialized site about crypto currency, where now as we see good news, then it does not have much impact on the price, as it is not someone who is pushing it. That's when the news comes from all sources as it was in December, the price is flying up.
Newspaper or news about Bitcoin plays a vital role in changing of bitcoin price I think. Because if someone wants to invest and at that time a bad news can discourage the investor.
I think it all depends on the weight of the news. News has a very strong effect on the price. All traders who trade bitcoin always follow the news.
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
Yes, the news about the cryptocurrency market has a great power to affect the price of the Bitcoin. This depends obviously on the type of news. The positive news about the market like the acceptance of it by the government, more exchanges, ATMs, etc will increase the demand of the crypto and its price too. On the other hand the negative news like bans will decrease its demand and its price too. 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
The laws of the Crypto-currency market are very similar to those of the stock market. Thus, the bitcoin rate is determined primarily by the changing demand and supply to it, while the most noticeable fluctuations in value are provoked by participants with solid assets. It is their actions that provoke an increase in the number of those who want to buy virtual currency or get rid of it as soon as possible. With the increase in demand, the rate of bitcoin also increases, respectively, with a decrease in the volume of trading compared to the usual level - it falls. one way to dramatically change the course of bitcoins is to spread the information that will testify to increasing its investment attractiveness or vice versa - about decisions and events that bear negative consequences. An example of the latter can be regularly appearing news about the desire of the Russian authorities to prohibit the circulation of crypto-currencies in Russia and declaring them monetary surrogates. This, unfortunately, is in fact so, but sometimes infopovodov can be fake (fictional), and they are distributed specifically to change the course.
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
in my opinion it's only natural to happen because we spend capital and hope to return at a higher price, I mean to get a profit. and when there is bad news about BTC it certainly makes us panic and in my opinion it is natural because we want to minimize the risk of loss by selling panic, it is very important in my opinion a news about good price is bad the price all depends on the news if the good news of course we are competing to buy. 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
I'd say the more news the better. Good news are best though.
The cost of bitcoin does not react to all news, so do not make conclusions only on the news. It is necessary to take into account a variety of factors and a detailed analysis of the coin.
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
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
Of course it will much affected as most of the people are reading, watching and relying to the daily news in which it will give vital information to the people thats is why if possible that the Bitcoin news to be release is reliable that it will not create FUD to the masses so that Bitcoin will always be lifted up in which it will attract more people to invest making the real demand to increase too.
It's not just bitcoin, the power of news will affect everything. That is why people refer to rupert murdoch as one the most powerful / influential men in the world. someone should send him some bitcoins and then we'll see more positive news
It does really seem to create a way that news could have the power to move the bitcoin market price. Usually it could encourage people to invest more especially if there are many people doing speculations which could add up for bitcoin to get hype.
The effect of news is hard to predict, there are many examples of the price being moved a lot or only a little, sometimes the price even moves in the opposite direction than expected. As a rule of thumb, the more the news directly affect Bitcoin, the more they are likely to move the price. This is why Bitcoin nearly never reacts to unrelated news like wars, economic disasters, altcoins and so on, despite many people trying to find a connection. Also sometimes there are just coincidences that make it seem like the market has reacted, but then it doesn't happen again with similar news. And by looking at the ETF reactions or China news, you can see a pattern that reactions become smaller and smaller with every time.
I do not agree with you at all. Do you even know how volatile this market truly is? This market is filled with hypersensitive investors who react to every small piece of news in a small or big way which contributes to the volatility of this market. This is why this market is far more riskier for investors when compared to the traditional stock markets etc. Do not invest into this market if you are not willing to lose your money. The upcoming ETF decision could rock the market in a big way(positive or negative).
In a so little market everything can conditionate price and trader sentiment.
Many people act own trading strategy basing it on news.
In positive buy, on negative sell.
Many people act own trading strategy basing it on news.
In positive buy, on negative sell.
what can actually affect the price of bitcoin is the news and traits from the government from different countries.Especially when there are bans in some countries,it always a big blow.
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