Bitcoin Forum

nearest i found a exchange GCOX it will make celeb coin for trade i feel it interesting!! we can follow the celeb 's news to proof the coin will going up or down. how do your all think?

You cannot really predict the ups and downs of Bitcoin as it defies all the rules of finance through its volatile nature. But the GCOX coin has been creating quite a buzz for some time now because of people being obsessed with celebrities and their popularity. Hopefully, it will prove to be successful project but the predictability of the token kills the fun for me to be honest.

If you read all the news about crypto, you could imagine or try to predict how the market is going to react because of this news, but at the end you never know what will happen. The market is unpredictable or you need to be a pro and spend a lot of hours trading and learning.

Although there are always signs (even very low) that indicate these ups and downs, sometimes it seems crazy to follow them. The volatility in question is extreme and so there is not only prediction involved but also a lot of luck.

I think you should change the topic of your post if you are not willing to know anything about it and rather try to promote a different coin. For BTC, predictions cannot be made because of the highly volatile nature of the market which is a fun for a lot of investors here. I honestly, wouldn't like to buy a Kim Kardashian coin which definitely will cost a lot based on her popularity but will mean nothing to me as she is just a bimbo.

There are many fake news and rumors about bitcoin and its price. These are created to panic the market and get coins at a cheaper rate. So investors should not believe in all news and should justify the news whether it is from reliable source or fake source.

Many news channels and internet platforms spread fake news about bitcoin’s price. It creates a panic among investors who take wrong decisions like selling coins based on those reports. So without the valid sources any news should not be relied.

No one can know or predict the price of bitcoin and if you want to trade you must choose the right moment for it

The fake news are big thread for the bitcoin price. Many fake news are spread over internet that prices have fallen down and investors starts sell their coins by getting panicked. Withouth trusted source any kind of news should not be believed.

Even this concept will also never work  ;D ;D. Do you know why???? Because in crypto field you can not predict the peak and fall of any coins values because of its volatile nature.
Exmaple:- John McaFee is one of the biggest influencer on the crypto market and he predicted the price of EOS to go around $36 in the end of the July 2018..Now where are we now???
Although this market runs on the trends and news but in this bearish market all of them failed several time as well as the technical analysis too because of manipulation.

So what's the relation of this question to bitcoin and the proof of the value that you are curious of?

It's the same with celebrity advertisement for other coins to make the coin boost its value.