The value of the coin is affected by the news?

ETHtotheMOON1

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

Give it some time, there are much better news than those who caused the price to fall and the time will surely reflect it. No need to worry about the prices right now, bulls are coming

bhadz

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You have noticed that too? when there are good news, there's no wave that makes the market better? or we are just too quick for expecting it to come? But if there are bad news, bans, hacks, etc the price are becoming that low so quick? The market is literally unpredictable so what we should do is to adopt it.

Vit83

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The only value of crypto is news) Noone has a really necessary product with a wide distribution except BTC and ETH. So we can only rely on news;)

Cryptokingind

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Value of the coins is affected by the news because this market is reacting according to good and bad news. Negative news always impose a very bad impact on this market and panic seller sell there coins and positive news always increase the value of coins.

romaleshc

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Indeed, with the cryptocurrency market, I can confirm that the news and psychology of investors determine the exchange rate of coins. If investors panic sell led to the crypto that will fall rapidly in exchange rates, and the market will be red. If the information is negative, the market will be green because investors hold not sell.

rockyfeller

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Well i hate it that Bitcoin is under manipulated and alot of goodnews are into our rader price doesn't react. Well let's hope for the best on all cryptocurrency. I'm ready anytime we will see a good profit soon.

trrewqs

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Often good news brings an increase in the value of the coin. But not all news will affect the growth of the coin

int226

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Maybe most of the news will affect the market. And this may be a similar case, let's wait and see.
I believe it will be a good news!

Bittalk12

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This is the sad part of cryptocurrency nowadays. How those investors reacts with crypto news is very confusing for me. When they saw a good news that is actually a big thing, we experience a minor pump in the market but when a negative news pops out, a massive selling happens which will bring down altcoin price for over -10%. Looks like crypto news nowadays is a great way for big whales to manipulate the market for their own benefits.

aurelino

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Surely there is not something that will quickly return good, certainly need a process for the market back green, especially now the world economy is not good, certainly the market will be very careful, but I am sure with good and good news about crypto will certainly be very have great influence for the return of valuable altcoin world, we must contribute and a good role in the development of altcoin and crypto world of course.

bolshojkush

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

In the last few months, the crypto market does not respond to any news at all, but simply moves after bitcoin. I believe that once bitcoin will cease to dictate the movement of altcoins, then there will be a real flourishing in the crypto industry.

mr.nby

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

News have a big impact on currency prices. There is no doubt about it. It seems that a particularly large impact have bad news. This is just one of many factors affecting the value of coins. But it is undoubtedly very important.

surgical_duude

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

We called it FOMO and FUD. Almost that is the main cause of the strong decline in the market (bad news like prohibition of crypto from korea, north korea,...). The good news is simply the good words of the businessmen about cryptocurrency, cooperation, .. they almost no value much, so the market doesn't change significantly.

WalkerIVIV

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

That news not related to the crypto. Remember the US government is interesting to use IBM service and it doesn't give any impact to the cryptocurrency right now. You can see that about there is abunch of good news around here but it can't even pump the price to the roof.

victoryana

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Press releases play an important role in influencing the price of bitcoin or altcoin if the positive news will make the bitcoin look good and invested and more concerned and the bad news impacted. significantly to bitcoin prices

Svelto

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News that are related directly to the coins would have an impact on the prices. This piece of news is related to blockchain in general, hence I don’t see there will be any impact on crypto coins. If the news is about some big country approve Bitcoin as a legal tender or etc, there will be some impact on the price.

close up

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Quote from: hoangloc19901 on July 08, 2018, 12:18:08 PM

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

For now, there is no such thing as we can do instead of dumping. People dumping because they are now on worry and don't have any backup plan rather than pump.

arida_ds

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On the crypto currency market, as in any financial market, not everything depends on news, even if they are very significant. Now whales are not ready to buy a large amount of crypto currency, so the prices stand still.

BagzMM

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In my opinion, it really affects the value of coin. It influences the minds of the people who wants to invest into cryto currency.

aliba

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for some exchanges it is so but not all exchanges preach it because it can make the investors will sell or buy their altcoin on a large scale, and it will make a lot of small investors lose their money.

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