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Topic: How much the power of news can affect the Bitcoin price? - page 7. (Read 3323 times)

newbie
Activity: 62
Merit: 0
I think that sometimes even news don't matter because a lot of people don't even know what is happening in the crypto world. They just observe their holdings and when seeing a next big dip they just decide to sell as well.
newbie
Activity: 658
Merit: 0
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.
newbie
Activity: 25
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.
legendary
Activity: 1372
Merit: 1005
News and hacking issue is the big problem for whenever we are seeing bump going in the market. However all the time bitcoin value will be find the growth and in that meanwhile these news making the big difference in the negative mate.

I need to advice the people to stay from few news mostly sharing the negative information only about the cryptocurrencies. In that CNN and Cointelegraph are need to be avoid more.
full member
Activity: 410
Merit: 100
Can influence very strongly, the most direct way.Many companies often use this type of PR and anti-PR,as the start of rumors.Therefore, it is important to maintain a healthy environment in the world of market news.People are amazing creatures, they often believe even rumors than their own eyes and experience.The current situation on the red market is due to the merging of bad rumors and news.People are afraid to invest in the project, which every second predicts imminent death.You need more kind words, positive experience and good PR for bitcoin, then everything will turn green)))
full member
Activity: 336
Merit: 100
too much news has always influenced the public about lowering the name of bitcoin and saying bitcoin is illegal. This is all the government's goal so that bitcoin cannot move and control all levels of society, but I see even though this news always disturbs all people including myself. can not be influenced by the news, we will continue to like bitcoin.
brand new
Activity: 0
Merit: 0
I think the power of news doesn’t affect the price of bitcoin anymore whether it’s good or bad. A lot of weak hands has left the market due to previous pumps and dumps. I don’t think there will be much effect on the price unless it involves something regarding the government.
full member
Activity: 588
Merit: 106
for now, News about bitcoin is very strong to influence the price of bitcoin. I think that is 80% on the news and 20% on the chart pattern. even for all crypto currencies is influential on the news. so the best information at the moment is reading a lot of news about crypto currencies.
newbie
Activity: 47
Merit: 0
In my opinion the quality of the news and the publisher as well as the background of the news is important. There are also a lot of fake news in the market. But what mostly affects the price of bitcoin is the hacks. If any hacks happened then we would see the price fall down at a large scale. Sometimes if any country allows crypto then we would see the price go up as well.
full member
Activity: 336
Merit: 100
I think good news or bad news about bitcoin does not affect the price of bitcoin at all.
because bitcoin does not refer to this, the rise and fall of bitcoin prices is influenced by the big holders of bitcoin and market traffic.
What I mean is market traffic is how crowded and lonely a market is about buying and selling bitcoin on the market if the market is crowded I think it will affect the price of bitcoin.
I don't really understand how bitcoin prices can go up and down but according to my analysis like that.
sr. member
Activity: 1111
Merit: 255
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
This is why we can see the bitcoin price improvement. If the news is bad as being banned in bitcoin, many people will be afraid because of its price. So many people panic selling results for price drops. And of course if the news is good as bitcoin is legalized by big companies it is sure that the demand will increase and the price will increase.
newbie
Activity: 56
Merit: 0
News plays a strong part in affecting the price of bitcoin. Good news will attract more investors and bad news creates FUD in the market. Bitcoin is still in its infancy stage and it’s still very volatile. So it’s easy to manipulate the market but I think it’s important to check the reliability of the news source.
newbie
Activity: 30
Merit: 0
Quite a lot to be honest. We have witnessed that how much it already affected BTC due to the ETF's news. Also people follow the news to keep themselves updated about the market too.
hero member
Activity: 1120
Merit: 502
Well, as you just saw CNBC posted some news which wasn't even that bad, and Bitcoin immediately crashed in value by 5%, and Ethereum dropped down to just $225 which is absolutely insanely low. I almost can't believe how far these coins have dropped, it's really not looking good at all for altcoins, and things even look bleak for Bitcoin. I really hope there are some positive developments soon Sad
sr. member
Activity: 826
Merit: 256
The news that contains stories like a hacking of crypto exchanges, government action against cryptocurrency and other developments related to cryptocurrencies can affect the price of bitcoin. Fudders can also influence bitcoin with their own brand of negative stories that may pick up by any media without examining the source. The power of news is strong and many people tend to believe the news even if it is a fake.
newbie
Activity: 54
Merit: 0
The news do have a considerable amount of impact on the price. People follow the news and the trend, and any significant impact will have an effect on the price of BTC too.
newbie
Activity: 157
Merit: 0
News has a strong effect on prices because investors react to whatever situation surrounds bitcoin and with good news comes high demand which drives volume and increases the price. the reverse is sometimes the case for Bad news.
hero member
Activity: 1274
Merit: 519
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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

I think it has a big and vast effect, especially if you're talking about how the value of Bitcoin, either moving up or down. I say that because of the idea that cryptocurrencies are not your usual and traditional currencies that has the typical movements and is affected by a several number of factors that could be somehow controlled by the government like inflation. However, for cryptocurrencies, every factor, like negative news for that matter, has a big effect because it reaches people quite easily, and it also affects how they feel on one topic quite quickly. Once they hear that cryptocurrency is bad, or it's bad investment like many business entities say, then it would prompt them to decrease their interests or totally avoid investing in the market.
newbie
Activity: 52
Merit: 0
It can have a lot of significance. People follow the news, so what it says or indicates can have a high number of influence on us and if it is about BTC, on it too.
jr. member
Activity: 392
Merit: 5
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

We all witnessed how yesterday the bitcoin rate began to fall without any news, now the news began to appear, in which they try to tie the fall to some events. As practice shows, the price of bitcoin recently is almost independent of the news.
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