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Topic: How much the power of news can affect the Bitcoin price? - page 3. (Read 3385 times)

full member
Activity: 266
Merit: 100
I think news has a key influence on the price because traders are people who are affected by the news very much. IMHO
newbie
Activity: 99
Merit: 0
it can really affect much in the industry because people has limited knowledge and if media release some news that seems it is true people wth limited knowledge will believe on what they hear about so media has a huge influence in the market.
newbie
Activity: 182
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
Bad news contribute to the manipulation of the price of Bitcoin and the entire cryptocurrency market Sad.
jr. member
Activity: 61
Merit: 3
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It depends when the news agency or the source is reputable it can really affect the price but maybe indirectly.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
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
News sometimes convince or inform others , so if there is someone who spread positive news about bitcoin Its possible that many people will get interested in investing in bitcoin. The bitcoin community will rise. Even bad news can have a big impact on bitcoin price. Especially when it comes to "bitcoin is a scam" I think that is one of the reason why other countries ban bitcoin in their country.
 
copper member
Activity: 166
Merit: 1
Yes, the power of news can affect the bitcoin price. The news who come from the government side and announces that bitcoin is going to ban in particular country and called it is not a legal tendor. A homour is created among that country public and price of bitcoin is dumb by the exchange. The exchange takes benefit of this golden opportunity as well as traders buy the bitcoin on the low price and holding the coin tilll the market up on their target price.
 
newbie
Activity: 54
Merit: 0
I think news is not the only factor can affect to bitcoin price but it is really important. Personally, before investing in something, they will read news about it.
full member
Activity: 420
Merit: 103
I think this is an important factor that can affect the price of bitcoins. In the end, the more people learn about this coin, the more popular it becomes and the higher the price becomes
newbie
Activity: 73
Merit: 0
People has limited knowledge and if media release some news that seems it is true people wth limited knowledge will believe on what they hear about so media has a huge influence in the market.
member
Activity: 630
Merit: 20
Whether it is a good news or bad news, it may somehow affect the price of bitcoin. The hacking issues for example can immediately affect the market. Thus the level of good news is also depends on how much bigger the news it will be.
newbie
Activity: 110
Merit: 0
There are definitely impacts of good news over the price of the bitcoin. But I don’t think any bad news could have affected the prices that much. Many analysts have predicted in the beginning of this year that price of bitcoin will go below $5k but the current price is well above $7k.


Media has a power to manipulate and change the mindset of a person. It affect the investors of bitcoin once they heard negative or positive news.  Some us, tend to believe easily what media tell us but some of the news is manipulated. The news might affect the price of bitcoin but not too much to totally change it.
member
Activity: 336
Merit: 10
Media have too much power to convince people about any thing one thing more news create panic also in the commons, bitcoin or cryptocurrency is not aside from the impression of media, It can boost or dump the price of any currency within no time, we can see the market position daily affected by the media reports.
full member
Activity: 602
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

News can really play a big role in changing the mindset of a person like how media works. People should know that not all news are true. Some are biased and just want to destroy something's popularity. As I observe, I notice that when people had watched the news about the people that been a victim of "scams" their trust and comfortability to bitcoin decrease just because of one news. That how media works it literally can change your mind in just a snap.

Yes, I agree with you that the media can create things that benefit a group of people in the sense of "order" to create panic in society, as well as in the crypto world, the media indirectly has a share in determining prices in the market whether it's good or bad news , I think everything depends on the community how they respond to it.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
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

News can really play a big role in changing the mindset of a person like how media works. People should know that not all news are true. Some are biased and just want to destroy something's popularity. As I observe, I notice that when people had watched the news about the people that been a victim of "scams" their trust and comfortability to bitcoin decrease just because of one news. That how media works it literally can change your mind in just a snap.
sr. member
Activity: 826
Merit: 256
Any significantnews that is related to bitcoin can affect its price whether it is positive or negative. The news on large scale hacking of cryptocurrency exchanges in the past years has made the price of the bitcoin to go down. News about the possible approval or rejection of bitcoin ETFs can also affect the bitcoin's price in the future.
jr. member
Activity: 308
Merit: 1
News can really affect bitcoin price but it depends upon the situation and how the team handle the information they heard from the news. News is not totally detailed so better know everything before concluding.
member
Activity: 146
Merit: 18
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
To be honest,I noticed that against the background of news around bitcoin, there are constant provocations. Today news announced, the price climbed, and tomorrow said in the news, there is no this was fake and the price bitcoin falls. I realized that news is manipulated by whales and bears and primarily by traders in the short term trading
sr. member
Activity: 616
Merit: 256
News and other medium of information about bitcoin has a greater influence about the price but it all depends from the investors if how he handle the information that can affect his investment confidence if he had enough research and knowledge about the current and real situation of the bitcoin then he would stand firm on how he manage his investment.
newbie
Activity: 195
Merit: 0
not only to Btc has news affected, it has affected some other economies but i think the kind of news that is being spread by some people at times doesnt really help BTC because most of these news are fake and unconfirmed. so to an extent its really making a lot of pannick
sr. member
Activity: 1148
Merit: 300
News can really affect the price of the crypto coin and we see it many times , sometimes when the bitcoin faces some negative issue it will really drop on the next days and if it will be having some good issue its price will rise, it is simply because bitcoin is really depend on the volume of investors on the feild, and investors really depend on some issue.
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