Positive bitcoin news as of late and its effect on BTC value - page 2.

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: Cindy1983 on October 04, 2017, 10:28:27 AM

They're just telling the truth

) But beside these guys there are some guys like JPMorgan Chase CEO tried to dump the Bitcoin price to buy at lower price just by telling some wrong things about Bitcoin and made people afraid about it. For me, I don't waste my time to care about this case much although they said the truth or not I just believe in Bitcoin and I believe that it can easily get to 10k$ soon

many people are intimidating against bitcoin price movements. but it never hurts to keep believing in yourself. do the analysis at any time because we can not always rely on others. others usually also want to take advantage and they make other people's minds go wrong. this is to be avoided as JPMorgan has said, he panicked many people with his words.

Cindy1983

full member

Activity: 196

Merit: 100

They're just telling the truth

) But beside these guys there are some guys like JPMorgan Chase CEO tried to dump the Bitcoin price to buy at lower price just by telling some wrong things about Bitcoin and made people afraid about it. For me, I don't waste my time to care about this case much although they said the truth or not I just believe in Bitcoin and I believe that it can easily get to 10k$ soon

~Bitcoin~

legendary

Activity: 994

Merit: 1000

It looks like the pump we have in bitcoin is driven by over speculation of people over coming hard fork. They seems buying bitcoin to get some free forked coin after fork.

I am not buying anymore bitcoin right now, will wait for some pull back.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: jmigdlc99 on October 03, 2017, 07:01:40 PM

I've just been doing my daily crypto news reading and lately i've been seeing all positive news for BTC.

I find it interesting that none of these news are new

Quote

*Goldman Sachs CEO thinking about bitcoin

maybe their CEO made an statement recently but they have been involved with bitcoin for a long time.

Quote

*Japan accepting more bitcoin in retail and starting more exchanges

this has never stopped ever since Japan started accepting bitcoin as a legal way of payment. it has been growing every day.

Quote

*IMF chief says bitcoin and virtual currencies could be the future

I don't know this one Tongue

Quote

So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.

I disagree with the first part, the price rise or more accurately the come back is the correction of the massive dump/dip that we had recently.
but I agree with the second part, things like this contribute to the long term steady growth of bitcoin. and the upward trend will be sustained.

Quote

Do you think now still a good time to invest or has the news already been priced in?

the best time to invest is in the dip (eg. the $3xxx range) other than that all prices are good when you consider the long term price and how it can be 10,000 pretty soon.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: ljtronics on October 03, 2017, 11:01:02 PM

Like the old saying "sell the news, buy the rumours", so it seems it's a good time to sell now.
But long term, do not sell any ! just keep HODLING

no i won't sell right now, its not a good time to sell. the price can be increase in anytime and if i sell it right now, my profit is not much. i think the price its difficult to break the barrier so we can not increase more and only stay at the price now. and yes, because of the news, many of traders is panic and they don't hold tight their bitcoin but they are selling fast because they don't want to lose their money at all. if we can reach at $45xx in this week then we can go to up more but if the price is just like this for a week then we need to wait more longer.

pooya87

legendary

Activity: 3472

Merit: 10611

i would like to believe that it is quite the opposite.
which means the bitcoin price started rising and showing all kinds of potential again so the news type changed with it. if you look at the dates and check them with charts this theory of mine seems pretty good.
first, price started recovering, then it broke the $4000 resistance and went above it, then the news came. now everywhere you look all the "bitcoin is fraud" news has disappeared and "bitcoin to 10K" type news replaced it.

erickkyut

hero member

Activity: 1176

Merit: 509

One of the most positive news about Bitcoin that I've read is that Japan introduces eleven Bitcoin exchange sites. I think it contributed a lot on stabilizing Bitcoin price. And I also think that it has a great impact on other countries that has doubts about Bitcoin. There might be some other countries that will soon follow Japan's lead in accepting Bitcoin.

BitcoinMuscle

full member

Activity: 210

Merit: 100

Quote from: jmigdlc99 on October 03, 2017, 07:01:40 PM

I've just been doing my daily crypto news reading and lately i've been seeing all positive news for BTC.

*Goldman Sachs CEO thinking about bitcoin
*Japan accepting more bitcoin in retail and starting more exchanges
*IMF chief says bitcoin and virtual currencies could be the future

So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.
Do you think now still a good time to invest or has the news already been priced in?

It is true that positive news help bitcoins price to go up because more people will involve in bitcoin and they will trust it wich means they will buy more
There is still enough time to invest in Bitcoin because its price has not reached even 4600$(max. it was until dropped). Also a lot of people predict that bitcoin will reach 5000$ or more this year so there is a pretty big profit if you invest now.

ljtronics

newbie

Activity: 50

Merit: 0

Like the old saying "sell the news, buy the rumours", so it seems it's a good time to sell now.
But long term, do not sell any ! just keep HODLING

vinc3

sr. member

Activity: 309

Merit: 251

Make Love Not War

Quote from: jmigdlc99 on October 03, 2017, 07:01:40 PM

I've just been doing my daily crypto news reading and lately i've been seeing all positive news for BTC.

*Goldman Sachs CEO thinking about bitcoin
*Japan accepting more bitcoin in retail and starting more exchanges
*IMF chief says bitcoin and virtual currencies could be the future

So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.
Do you think now still a good time to invest or has the news already been priced in?

For me the answer to your question is, it depends to your type of investment for long term investor, anytime is a good time to since you are gonna hold it for a longer period of time. When it comes to short term or day trader I believed that you need to time in your buy when the price dips for you to have a nice profit when you choose to sell it the near future. This good news might give the price of bitcoin but at the end of the day price of bitcoin is dictated by the law of supply and demand, as we all know we only have a limited supply of bitcoin and the demand ass of the moment is not that yet high. So all I can suggest to those who are still thinking twice buy bitcoin as soon as possible.

Catmony

hero member

Activity: 854

Merit: 500

Quote from: jmigdlc99 on October 03, 2017, 07:01:40 PM

So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.
Do you think now still a good time to invest or has the news already been priced in?

If you want to hold your bitcoin for more than a year or so than current price can still be a good buy point but I would suggest you to atleast wait for a week or so because some correction on price looks possible in near future if you just want to trade bitcoin for short term profit.

notyours

sr. member

Activity: 462

Merit: 250

As long as you can buy bitcoins. You buy because the day will come when bitcoins will increase by almost 10,000 $ and I'm sure many people will repent. We know that bitcoins are flactuating but we also know that their supply is limited to 21 Millions and while each mine is increasingly the price of bitcoins. So do not wait for it to rise because it is more difficult to buy it

jmigdlc99

sr. member

Activity: 784

Merit: 282

I've just been doing my daily crypto news reading and lately i've been seeing all positive news for BTC.

*Goldman Sachs CEO thinking about bitcoin
*Japan accepting more bitcoin in retail and starting more exchanges
*IMF chief says bitcoin and virtual currencies could be the future

So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.
Do you think now still a good time to invest or has the news already been priced in?

Topic: Positive bitcoin news as of late and its effect on BTC value - page 2. (Read 608 times)