How much the power of news can affect the Bitcoin price? - page 6.

Matic

full member

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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

We could see that just yesterday that news are highly affecting the price of Bitcoin is reacting to the news, is it real and legit or is it just a fake one. And it caused the dump yesterday.

Akmallesy

newbie

Activity: 196

Merit: 0

in my opinion good or bad news will affect 30 percent of the price of bitcoin either up or down. we can see now the price of bitcoin has decreased due to bad news about alcoin. and in my opinion if this continues to happen then the price of bitcoin will come back down even though it is still stuck for a long time at around 6300 dollars.

cmaxwell

newbie

Activity: 195

Merit: 0

media has a role to play in the digital world and irrespective of the news coming from the media, be it negative or positive cant bring BTC down. but i noticed some forces are actually sponsoring negative news against BTC.

Willitivity

sr. member

Activity: 1190

Merit: 256

Bitcoin still as fragile as it is at the moment. Most investors rely on news to make decisions, when they foresee a bad news insight, it simply implies for them sell. Good news on the other hand, lures people to invest and buy in.

Monyong

newbie

Activity: 60

Merit: 0

Very Strong for investors, because they really need the latest information about the development of bitcoin, if that news turns out to be false then such actions must be dealt with quickly

AvadaJigurda

member

Activity: 231

Merit: 13

I think that the news has a huge impact on the bitcoin exchange rate, much more than on the usual Currency, so you should always pay attention to the news about the cryptocurrency market and bitcoin.

Fineyokoma

newbie

Activity: 42

Merit: 0

In my opinion news affects a lot the price of crypto currencies. Every bad of great news can decrease of increase the price. A lot of investors have a lot of expectations and desire so they are very sensible in this deal

Pakwan12

newbie

Activity: 119

Merit: 0

News is very powerful,when the news about bitcoin is positive many people will be join the bitcoin and invest in bitcoin, and also the price off bitcoin is going up.that is the power of news.

tulezua

full member

Activity: 279

Merit: 100

Some indications are that the market is still "flaming", and here are five reasons for Bitcoin's recent downturn:
The recent tight control on the HitBTC trading floor caused the inhibition of the user community, although the BTC market had no immediate effect.
Winklevoss has been denied a license by the Securities and Exchange Commission (SEC).
Recently, rumors of Korea's ability to build a legal system to abolish the tax benefits of electronic money exchanges.
Shady transactions.
Bitcoin's trading profile changed when the tide returned, noting that cash flow was flowing back from the Altcoin into Bitcoin and Tether (USDT).

Dudeperfect

hero member

Activity: 1190

Merit: 534

Even though Bitcoin is there for more than 8 years, this industry is still pretty new and the market is not matured enough to deal with various kinds of situation. That means a negative news can impact in a negative manner, on the other hand, positive news can create panic selling wave in the market. Unfortunately, we won't be able to deal with market fluctuations unless we deal with the lack of awareness among the users and investors.

dificanovi

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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

in my opinion, depending on more news between bad news and good news, if more good news than bad news then bitcoin prices will increase and vice versa, therefore we all as investors and crypto currency traders must throw bad news about bitcoin so that people around the world will also enter the crypto world and together increase the price of bitcoin.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

With the volatility of the cryptocurrency market, we can't deny the fact that any news about bitcoin would affect its price in the market either huge effect or small effect. Bitcoin investors vary from proffesional investors to newbies, this is why any news will affect the bitcoin price. Of course, professional investors don't just believe to any news, but newbies may believe.

infested999

hero member

Activity: 854

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Unfortunately there are a lot of people who get manipulated by news and of course the negative news will work on their trust level

altercreed

full member

Activity: 434

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No matter how small the news is but if its content is all about the negativity of bitcoin and this news is always spread almost everyday can really affect bitcoin's price for the worst. Spreading fake news and FUDs would somehow made investors to move their investment into other crypto and that will lead to downside of bitcoin price.

cryptojohnn7

newbie

Activity: 294

Merit: 0

If an investor expresses interest in investing in Bitcoin, and if there is a bad news about Bitcoin, then he thinks of stepping off from investment. And investor will encourage more in investing in the good news.

nambunamba

member

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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

Well i do think news have a great power in bitcoin. The recent news about goldman sach postponing the crypto trading desk make bitcoin fall more than 10%. So i guess bad news has a big impact right?

Quote from: Carmon on September 06, 2018, 09:29:38 AM

Sometimes news can affect the price of bitcoin as many people believe in media news. But these people should see the progress of bitcoin over this year. Many said that bitcoin will disappear from the market in few years but it is still the no#1 crypto coin.

Well Bitcoin is good cause its the first coins that using blockchain technology and its really famous, thats the reasons why altcoins are not match for bitcoin.

lamcaicmm009

newbie

Activity: 10

Merit: 0

It could be a special enough and serious news to change the value of today's bitcoins. It is important for us to support bitcoin and spread it so that the value of the virtual bitcoin currency is increased and to achieve globalization that brings real benefits to people and generations to come.

Carmon

newbie

Activity: 30

Merit: 0

Sometimes news can affect the price of bitcoin as many people believe in media news. But these people should see the progress of bitcoin over this year. Many said that bitcoin will disappear from the market in few years but it is still the no#1 crypto coin.

betty12

jr. member

Activity: 94

Merit: 1

Since the holders and traders of bitcoin are humans, and they have emotions, when they hear a negative news, they tend to unconsciously panic, by so doing, they sell off too quickly before they could realize they weren't even thinking how authentic the news was. Alternatively, whenever there is a big good-news, people will predict bitcoin is going to burst, they panic buy and holders keep to their holdings forcing the price to shoot.

sarungmen

newbie

Activity: 55

Merit: 0

in my opinion it makes sense if bad news or good news really affects the rise and fall of bitcoin prices. people will feel afraid and will not be stimulated to use bitcoin if bitcoin has bad beliefs and vice versa bitcoin's good reputation will make bitcoin mined and marketed

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