The Good News And The Chart - page 2.

Colt81

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

I hope they really make a difference by this time since we have waited so much months just for this to come really great and I think we deserve the profit after a long period of waiting, though Bitcoin is not yet stable at this moment,I (We) am hoping so much for this community to rise up again and get back to the last year state which we can say ia a very productive year for everyone, but knowing the potential of this platform we can say that this will skyrocket again.

fulmetal08larz

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News doesn't affect the price of BTC anymore. People's attention were caught during the insane parabolic rise that happened last year, which makes it the same cause for its downtrend. I believe what will make it rise again is the utilization across different platforms wherein people will realize that it is more convenient to do transactions instead of the traditional system. Revolution will start thereafter.

nur rochid

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Quote from: khaled0111 on October 31, 2018, 10:26:24 AM

It seems like people lost their faith in Bitcoin and each one is waiting for others to take the first step.
News like "X company will adopt Bitcoin", "Y: Bitcoin price will hit 1M$ by... " are not good news anymore and apparently they do not motivate investors.
We need something more concrete.

that right. indeed it takes the first person to start, so there will be many investors who follow it. thus a concrete step will be seen. and what needs to be remembered is that it requires a process, don't expect it to happen in an instant

khaled0111

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It seems like people lost their faith in Bitcoin and each one is waiting for others to take the first step.
News like "X company will adopt Bitcoin", "Y: Bitcoin price will hit 1M$ by... " are not good news anymore and apparently they do not motivate investors.
We need something more concrete.

antisocial77

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Quote from: buyinbtc on October 31, 2018, 10:05:44 AM

the price always depended only on technical trading aspects.
[/quote]

thats it.i dont know how many times im trying to explain it but people still says we need a good news to pump.no, if its time move up, good news follow, not before the move.

buyinbtc

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Quote from: rumexx on October 31, 2018, 10:01:40 AM

yea, Your observation is correct. We have been having series of good news but the market is not reacting to it. I still believe that there is something bigger that is happening behind the scene that we are yet to grasp. In my owm thinking and opinion, I believe the SEC ETF saga is really slowing down the whole process. Because the whatever is the outcome of the waiting game will drastically impact on the market drastically or majestically. There is also the Russia angle of the waiting game with their centralized modern blockchain which can be controlled.

I'm surprised that people still don't get what is happening in the space and why is the price barely moving right now. The reality is that the fundamental vibe of bitcoin doesn't impact the price at all, the price always depended only on technical trading aspects. Doesn't matter how many bullish news we have right now, if the price starts breaking down to the downside we'll drop to another support zone of around 5k. You should check Tone Vays videos, he's really good at explaining it.

rumexx

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yea, Your observation is correct. We have been having series of good news but the market is not reacting to it. I still believe that there is something bigger that is happening behind the scene that we are yet to grasp. In my owm thinking and opinion, I believe the SEC ETF saga is really slowing down the whole process. Because the whatever is the outcome of the waiting game will drastically impact on the market drastically or majestically. There is also the Russia angle of the waiting game with their centralized modern blockchain which can be controlled.

carlisle1

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

People nowadays are already mature and know that its not the news is what they must trust,but instead the real time situation is what should be .cryptonians now are tired of being fooled by this news maker ,same as the fud creators so they cant be easily manipulated just like what is happening in the past

kamBlanV

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if you compare the price of bitcoin this year with 2017, of course this year is a bad year for bitcoin, the market falls, and almost loses credibility.

but, if we compare growth every year, starting from 2009, then bitcoin experiences good growth.

2020 is the year bitcoin will be more than $ 20K, but Tom Lee predicts that Bitcoin will reach $ 22K by the end of this year. I doubt with his speculation.

Reid

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Quote from: RocketSingh on October 30, 2018, 08:00:53 PM

Bitcoin is a game of strong hands. When weak hands will lose all their hope and sell all, the bull will wake up. Wink

I agree with this.
Why others still have too much doubt in their heart?
It is being shown in front of us and yet we are still looking so far away.

Bitcoin will be the next most used currency and there is no doubt about that. If you still have some doubts then you better sell it right away or you will just have stress problem in the future. This will happen over and over again. Pumps and dumps which cannot be stopped.

378budiman

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everyone has differences of opinion that are not understood by each other, both good and bad news often appear in the media, I just think that bitcoin will be seen in the next 2021.

Desscount

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

the market needs time to grow back after a major accident occurred especially a prolonged correction, even though at present there are no bad rumors that make the market fall back. currently there is some good news but it is not sure to increase growth in the market, maybe by the beginning of the year with many progress ico can increase growth

ivannalog814

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I think on the contrary that the market indicators show growth and the news just has to give the growth ! We are waiting for the development of events in 2019 !

samsul1234

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

for now just relying on the news about the graph is just speculation, and it's not promising for that we can all see it on the graph but in the graph it's not the only place to reach profit

Peashooter

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

Last couple of months you can the down price of bitcoin which can cause of panic selling to the people who do not believe in bitcoin. But , now you see the uprising price of bitcoin which is good. I hope in the coming next year the price will really good. Do you think it could happen?

meanwords

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It's hard to see some positive news now because of the way investors behave. Fear prevents them from investing even though Bitcoin is having some good news, they still invest. Maybe next year, we'll be able to see some upper movements that we all are waiting.

aad140386

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Both in the stock market and in the crypto-market, positive news cannot always change the market movement. It all depends on how the big players are set up. What position they occupy. I have repeatedly come across the fact that the market stubbornly ignores the good news, but as soon as some bad news appears, it begins to plummet. These are large market manipulations of large players. Here the main thing is to be able to understand what the big players have in mind and play on their side.

Afnan_faizah

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Good news here is used to attracts big investors ,if there are old investors who already knew that there will be a chance to sell their bitcoin when market become positive because of the good news then the new investors still can buy it at low price. Many whale are playing in Bitcoin price I think they wait until people lose interest to bitcoin so they can buy more Bitcoin and attracts people attention again by pump bitcoin price. But when more royal bitcoin holder that exist then their power will be weakening.

HeRetiK

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Quote from: pooya87 on October 30, 2018, 10:10:04 PM

the only thing that charts show is the fact that bitcoin reached its bottom a very long time ago early in 2018 and has been above that bottom ever since. and for the past months price has been fluctuating with less volatility inside a $1000 range which has not changed and this is the "good news" you are looking for indicating a strong buy support, an accumulation and a rise on the way.

Well so far it looks like a bottom, let's see if it actually holds. I'm rather impressed by the buy support at ~6k USD but I'm afraid even this support will have its limits should the market have to wait for new highs too long.

charlotte04

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Quote from: xfaqs01 on October 30, 2018, 07:20:37 PM

we all have observe the good news coning out for bitcoin for the last couple of months yet the price charts indicates the opposite.

i want to know what are your opinion about this despite the good news.
we all have different opinion, you might wanna share.

It is obviously because you people are expecting it to happen. And do you think manipulators really want that to happen? Of course, not! They want you to get out of the market before they try to pump it out for the next rally.

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