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Author Topic: Positive bitcoin news as of late and its effect on BTC value  (Read 550 times)
jmigdlc99 (OP)
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October 04, 2017, 12:01:40 AM
 #1

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?

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October 04, 2017, 03:22:18 AM
 #2

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
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October 04, 2017, 03:26:57 AM
 #3

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.

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October 04, 2017, 03:57:08 AM
 #4

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.









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October 04, 2017, 04:01:02 AM
 #5

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
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October 04, 2017, 04:06:08 AM
 #6

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.
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October 04, 2017, 04:08:53 AM
 #7

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.
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October 04, 2017, 04:12:38 AM
 #8

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.

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October 04, 2017, 06:10:44 AM
 #9

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.
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October 04, 2017, 08:16:06 AM
 #10

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 Smiley

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.

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October 04, 2017, 02:59:28 PM
 #11

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.

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October 04, 2017, 03:28:27 PM
 #12

They're just telling the truth Smiley) 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 Smiley
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October 04, 2017, 03:35:42 PM
 #13

They're just telling the truth Smiley) 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 Smiley
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.
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October 04, 2017, 03:41:10 PM
 #14

They're just telling the truth Smiley) 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 Smiley
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.

i don't really see anyone being intimidated by bitcoin. they are wolves in sheep clothing who have seen the potential of bitcoin and their wolfish smiles are showing their teeth, white and sharp.
as we already saw one sign of it, one of the biggest one is already involved in bitcoin to the neck and is making a lot of money with manipulating market.

There is a FOMO brewing...
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October 04, 2017, 03:44:54 PM
 #15

i thing 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.
I also think that it has a great impact on other countries that has doubts about Bitcoin.
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October 04, 2017, 03:45:18 PM
 #16

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?

Hope this will actually becomes the reality and government notices this. Japan already undertook big transition for their country people and same must be done by rest of the world. This will then actually affect the bitcoin in real way and making it more valuable.

Goldman Sachs and all would be like another big investor and nothing much. The will do fluctuate the market of bitcoin but that again will be working lik normal bitcoin. We need extraordinary move, like I said government thinking about the bitcoin. !

 
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October 04, 2017, 05:34:13 PM
 #17

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.



What you are telling is true but what i can suggest is try to buy in split like if you want to buy 1 btc then you can start with 20% now and if their is more fall then you can buy more 20% so like this your buying price will also get averaged and on rise you can be in profit with immediate.
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October 04, 2017, 05:45:01 PM
 #18

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?
Yup, bitcoin has overcame the bad situation regarding ico and china last month and started to climb back. But i predict there will be another bad news or fud later when we are near the fork date. It's always a good time to invest if you want to hold it for some time as bitcoin is strong right now and will have a great future.

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October 04, 2017, 06:01:19 PM
 #19

Most positive news resides in a fluffy and fuzzy far off future. The bad news almost always affects everyone instantly. I think the only time I've seen positive news have an immediate effect was during some senate hearing in late 2013 when they started making positive noises. The price jumped a couple of hundred dollars, but it was probably looking for an excuse anyway.
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October 04, 2017, 06:05:21 PM
 #20

Positive news for bitcoin do not last longer. I think the price has stabilized because of Amazon trying to implement it as a direct payment system to their website rather than GoldMan Sachs predictions or International Monetary Fund telling us that cryptocurrencies can be the future. I am patiently waiting for good news from the direction meeting of Amazon and if they do implement it for real, we can see bitcoin surpass 5000 usd mark during Christmas time.




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