How much the power of news can affect the Bitcoin price? - page 14.

moonami

member

Activity: 171

Merit: 37

Quote from: Capradina on September 02, 2018, 09:46:19 AM

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

News can have a big effect in bitcoin price. If the news tell always negatives reports about bitcoin, many investors will pull their investment in bitcoin and the price may fall in that case.

monster energy

newbie

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news is very influential on the price of bitcoin, especially if the news is negative about bitcoin, so people will do sell panic even though it only happens to beginner traders

rabinot

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I believe that this is their own people inspire this news force. just on the market a lot of newcomers who are very easy to manipulate

tunapa

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i think its a general occurence. news affects every tradeable commodity depending on the type of news whether good or bad. In crypto, good news affects the price of the coin especially if the news is about it e.g bitcoin. good news will surely make the price increase depending on how strong the news is. and also bad news likewise.

Coin_trader

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Leading Crypto Sports Betting & Casino Platform

Quote from: Gotumoot on September 02, 2018, 10:22:46 AM

Quote from: Coin_trader on September 02, 2018, 10:00:58 AM

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.

The news are not affecting the price of bitcoin. Its just looks like that because it affects the minds of people that are investing and wanted to invest on it. Because of lack of knowledge about bitcoin, people are easily deceived by the news spreading on the social media and it affects their decision making because of the guts given by the news.

So, how come that it did not affects the price? It really affects the price! Yeah, it affects the mind of the people that are investing and it influences on their decision, that trends will make the price moving up or down and what would you call that? The news really affects the price, if it did not, there would be no price movement.

Gotumoot

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Activity: 1372

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Quote from: Coin_trader on September 02, 2018, 10:00:58 AM

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.

The news are not affecting the price of bitcoin. Its just looks like that because it affects the minds of people that are investing and wanted to invest on it. Because of lack of knowledge about bitcoin, people are easily deceived by the news spreading on the social media and it affects their decision making because of the guts given by the news.

makadaka

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

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

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.

Capradina

hero member

Activity: 756

Merit: 520

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

Topic: How much the power of news can affect the Bitcoin price? - page 14. (Read 3390 times)