Pages:
Author

Topic: woah didn't even see Goldman Sachs news recently was wrong - page 2. (Read 251 times)

legendary
Activity: 3038
Merit: 1169
And that is the proof that news impact the price, and they impact it greatly. it is impossible to predict news like that.
Maybe it didnt have connection with the plunge but sure it did help.

It didn't move that much actually and if that mere 1 news is a thing to move the value of bitcoin then I think it is very easy to manipulate the price but in my opinion it is a no no that any particular news like this would change the price so suddenly, I think the manipulation occur when whales sell most of their hold bitcoin, that is a big example why price sometimes fluctuate without further notice.
sr. member
Activity: 714
Merit: 257
And that is the proof that news impact the price, and they impact it greatly. it is impossible to predict news like that.
Maybe it didnt have connection with the plunge but sure it did help.
hero member
Activity: 2240
Merit: 848
Just today saw that the news from a couple weeks ago of Goldman Sachs delaying their crypto trading desk was incorrect! Granted I'm a bit late to the party but that is very good news that they are still going ahead with it! I bet someone just wanted to buy the dip, and it did indeed dip, crashed like $1000 off that news! I'm looking forward to in a few years when the market is many times larger and you can't just cause a serious correction with a single piece of incorrect news.
Pages:
Jump to: