Topic: How much the power of news can affect the Bitcoin price? - page 4. (Read 3323 times)
I'm thinking that news is a huge power and a lever of affect on the Bitcoin price, but I don't believe that any of the news can totally destroy it, because bitcoin is so much bigger than it.
The media has a massive effect on the price of cryptocurrencies, as people react to major news and announcements.
A positive or a negative news would cause a similar reaction in the market.
A positive or a negative news would cause a similar reaction in the market.
Ya it is true that Media have good effect in not only cryptocurrency but even in other part of life also, But the major of users who are getting affected by this media hype are the new users, day traders and the bitcoiners who are daily watching updates on Bitcoin and react on it.
The media has a massive effect on the price of cryptocurrencies, as people react to major news and announcements.
A positive or a negative news would cause a similar reaction in the market.
A positive or a negative news would cause a similar reaction in the market.
any news can change the whole impression of bitcoin price. now a day people are create panic if they heared any falling down price. you shouldn't do this actually. after veify the news we should take action.
I think Most of the news that affects Bitcoin prices is news that comes from the government, news that actually fights Bitcoin is like banning from certain countries, declaring it illegal and the like.
and In my opinion, still the quality of the news that really affects the price of Bitcoin, fake news spread by fudder will not affect prices, the question is what is the news? Where does it come from? Is this real?
News , whether its negative or positive , has some kind of power on the bitcoin price movement.
Of course the power of news will have a big impact on the price aspect that will occur on the market because with the news, it can make the sentiments of traders to determine whether to buy or sell and that happens to all traders. Especially if the news about Bitcoin will definitely have a big impact on prices.
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
To the best of my knowledge, news only affects the minds of investors which based on their activities determine what happens in the cryptomarket. Thus it is not about the news itself but the activities of investors in general.
News can create crowd effect and panic selling. Negative news can significantly decreases investor confidence in Bitcoin, causing panic selling. The more investors sell Bitcoin, the deeper the price goes down. And the down price worry others and cause the thought "sell before I lose all". Consequently, Bitcoin price dips in the red.
Sometimes, news write negative reports analysing the prospect of Bitcoin and discourage investors from dip their toe deeper in the market. Actually, it depends and how reliable the press releasing the news is. The effect of the Bloomberg will be totally different from other small presses.
Pretty Enough! Sometimes worst!
News doesn't affect the price directly. In stead, it impacts investors thinking and prediction more or less, therefore, inderectly impacting investors decision and as a result, the price will do up or down.
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
Honestly, i think news playing an crusial role on the price of bitcoin because the emotional of bitcoin's holder will be affected by the news that they've heard. 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
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
I think negative news can affect the price of Bitcoin much but manipulation is the most dominant. Whales always use manipulative tactics to make a lot of money from sellers. Then a few weeks, they will pump back the altcoins. 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 don't think that news can affect bitcoin prices. But what is certain is that news affects the minds of bitcoin holders. When there is negative news about bitcoin, investors panic, they immediately sell their bitcoin. but when there is good news investors immediately invest in bitcoin. The demand for Bitcoin has increased, so the price of bitcoin is high.
News can really affect bitcoin price because if there should be an information spreading that bitcoin will collapse in the next six month, if not for the fact that i may be exaggerating bitcoin price would come way down than even expected.
I do not think there has any measurements tool to measure a news! But it is 100 percent true that the rumor affects on the cryptocurrency market! The continual bad news actually make bitcoin price goes down, and good news can make celebrity invest engagement to the bitcoin! So, this is the power of News!
Power of news has quite a high Impact, some people would rather not gamble with their money If they see bad news
The power of news is effecting almost everything for so long already. It is logical that it could effect on bitcoin down or rise trend because people are getting informed and act; selling their coins, not buying at first place, have negative thoughts about this crypto, not believe in it, companies are not willing to have anything with it because of potential lose of funds etc.
I have no idea about the knowledge of the ones who are involving in the cryptocurrency about the field. If they are well educated, they will seek the news source, news point and get the real information. I strongly believe that most of the people involving are well educated. But the newbies and less educated people have a possibility to give up. So price can be changed due to that. But the thing is people who are acting wise can use that opportunity.
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
I don't know how much effect / power of bad news can affect the price of bitcoin, but everything depends on how much bitcoin users who can be instigated by the news. If the amount's greater, of course it can affect the value of bitcoin at a significant level.
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