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Topic: How much the power of news can affect the Bitcoin price? - page 12. (Read 3385 times)

member
Activity: 420
Merit: 10
The value of Bitcoin will soon drop if dealing with negative news and its value will recover soon with positive news about bitcoin, so these news are indeed strong enough to affect bitcoin because it will be used by investors to predict the price of rising and falling bitcoin...
jr. member
Activity: 238
Merit: 1
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None of the news affect the bitcoin price. Those who are in bitcoin must not be affected by such news. The effect may be on those who would start investing or new to bitcoin who are derailed because of negative news.
member
Activity: 462
Merit: 14
words are very powerful and it could really change the bitcoin market price in the way that people will going to believe on it. As we all know that the reason why bitcoin market price goes to hype are those speculations that usually came from the mindset of the investors which really will going to happen.
jr. member
Activity: 228
Merit: 1
I think the user bitcoin is a community of rapidly growing, some countries fear and prohibit bitcoin for use tool transaction applicable in countries them, I think up or turunya price bitcoin occurs because the holder of weak so lower sell bitcoin with cheap in the market
jr. member
Activity: 154
Merit: 1
as much as possible, news affects the price of bitcoin. the better the news background the more potential investors come to the market
It does impact it to an extent. but mostly like you mentioned, it invites new investors and attracts new people
legendary
Activity: 3514
Merit: 1963
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News is just the trigger for people to panic or for hype to build. In some instances, bad news are fake or simply FUD and then the price will drop for no reason at all. A lot of people also have some conspiracy theories and when this gets picked up by social media, it will spread like wild fire and then it will be published as fact.

The Shills know this, so they try to spread as much FUD as possible to push the price down. ^grrrrrr^
full member
Activity: 602
Merit: 104
A legit news would really appreciate and depreciate the price of bitcoin. It defends on how the news affect the value of the Bitcoin. For all the bad news would make the bitcoin down since others would sell since they are afraid that it would not appreciate again.
legendary
Activity: 3024
Merit: 2148
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.
full member
Activity: 476
Merit: 100
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
Media is very powerful. It can sway any fact or reality in order to influence its audience. The negativities or false news that media brings usually affects people in their decision making. And news about Bitcoin for the past months or years were not so good. Which is why the image of Bitcoin have been unfortunately stained.
newbie
Activity: 112
Merit: 0
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

for me it is unlikely that any news will be bad or good because bitcoin is known especially in the field of gaming so monitor it as it is because it is for those who bitcoin we know what's going on its.
sr. member
Activity: 602
Merit: 250
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
maybe it could be with bad news investors become panicked and frightened and of course you know if investors are afraid of doing things that make prices go down with huge sales
full member
Activity: 686
Merit: 104
20%. because bitcoin news will only affect new players. and their interest will go down. for old players, it will not affect it because it already knows the crypto market.
full member
Activity: 2184
Merit: 184
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I personally think that the only reliable indicator of a price increase/decrease is the nature of the news. As you have said, this seems to be true for the past months, even in the past years.
member
Activity: 287
Merit: 10
News have a great power to influence how traders see the value of bitcoins in a particular time. News are the only way to know if the price of bitcoins is worth it either positive or negative news.
member
Activity: 672
Merit: 12
News definitely affects the price of not only bitcoin but all other things too.  But as per my opinion and experience "Time of news" is major and important factor affecting the price.  Also sentiments ; mentality at some point of time; play strong role in accepting effectiveness of the news.
e.g.  We see when prices are rising ; then even a small positive news will give a big jump to the price.  Interestingly at that time negative news will not have much effect on price.  It is because strong positive upward mental sentiments are very strong in the people's mind.  Those sentiments could bring the bitcoin to 21 k during 2017.

The same will be true when there are negative sentiments during bearish trends.  At that time positive news will not be much but negative news will have a major dent in the market. 

So time of the news is more important but I also wish to add that so many news collectively are responsible in creating negative or positive sentiments i.e. news create sentiments but sentiments will decide the degree of effectiveness of news.
hero member
Activity: 1918
Merit: 564
I'd say the power of news to affect bitcoin's price is "just enough".

It is not too much to cause the price to soar high nor too less to make the prices take a dip. The power of news is just enough in the sense that people who does not work hard on their homeworks can be led astray by the news, either make them jump on an investment spree or make them pull out everything in just a snap.

Crucial decisions on crypto investment and trading should not be reliant on circulating news alone, if one does, it's like partying on a band wagon where you really don't know what you're doing but continue to do so since everyone is doing the same, and that is really a bad idea.

A well informed decision is always an advantage. And a deep look in the market and its trend can help, not the vague news from your feeds nor words from economist. Take them as influencers, but not your sole backing on important decisions. We are after all, the captain of our crypto ships.
newbie
Activity: 20
Merit: 0
It depends on the type of news. Some news is spreading by the fudders who just want to create a hype in newbies so that they can be sold their bitcoins. This way whales get profit all the time. Price of BTC goes down when a good amount of coins sold out.

On the other hand, if the news is correct and good for all, then it isn't necessary that price will rise because CRYPTO is a totally unpredictable thing.
full member
Activity: 616
Merit: 100
i believe it too , that bitcoin price os affected by the news, if there are good news the price of bitcoin will increase fast, but if there are the bad news the bitcoin price is drop
member
Activity: 230
Merit: 22
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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

like with any other events or topics.
bitcoin can also be greatly affected by news.
especially since there are people who based their judgment on what they hear and see from the news without conducting their own research.
that is why whenever there is a good or bad news for bitcoin prices also sometime corresponds with it.
member
Activity: 322
Merit: 20
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Depends on the reaching of the news and how well structured and easily understandable they are.

They can really have a good mental impact over the masses like they always do or it can really not affect much. The thing here is that Bitcoin investors are not too many still in comparison to how many could exist and will probably exist in the future.

So unless they target those news they could only avoid certain people from jumping in an investing but won't really change the market too much with the exception of the newbies who are around because of curiosity and looking for some quick profit - Which makes them panic sell.

However, the people holding with a conviction are not so easily manipulated.
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