JamescrypTrader (OP)
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May 22, 2018, 03:13:51 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
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Blockpass
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May 22, 2018, 03:15:27 PM |
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Yes. Most of the negative effects of Bitcoin's price fluctuation come from speculation and negative news. There are very few events (the hacking of an exchange for example) that -should- impact the price of crypto; the rest of it is speculation.
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Haxor321
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May 22, 2018, 03:29:30 PM |
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Well, I think not all speculation are brings negativity to bitcoin because most of it gives good effects to bitcoin movements. It is true that our speculation has a biggest impact to bitcoin so it is better for us to be much careful in giving speculations or maybe it is much better that let us keep it only into our mind so we are the only one who knows what we are speculate.
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boakyei
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May 22, 2018, 03:32:47 PM |
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Yes it does, it is speculations, fundamentals and technical analysis that traders use to determine and push the price of bitcoins. Speculations of the outcome of bitcoins price from the news been read, and the charts on technical analysis help traders to make informed decision.
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btcdepo
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May 22, 2018, 03:37:17 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
It depends on who is speculating mate. If big media companies and whales are speculating it would effect the market right away as you can see on the market. They always throw some news about how China or Russia had regulations about bitcoin and after couple of hours another news comes and says that there were actually no regulation. If you want to be successful trader you should try to be away from all those speculations. |
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indayburakday012
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May 22, 2018, 03:38:00 PM |
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No it will just create a good atmosphere for bitcoin discussion and could also be the reference on members holding some bitcoins. Some members here could excellently explain the good things on bitcoin and their speculation. This is why we have the bitcointalk forum for bitcoin discussion and it is good to discuss about bitcoin speculation. For me this is a good thread to start the speculation for bitcoin.
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ralle14
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May 22, 2018, 03:55:40 PM
Last edit: May 22, 2018, 04:06:09 PM by ralle14 |
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No, speculation doesn't affect the price of bitcoin in a huge way unless these people are whales who could manipulate the price whenever they want. Bad news in general could affect the price but if we are only talking about speculation alone I doubt it. These could just be FUD I mean anyone could post "Bitcoin heading $XXXX next week/month/year".
Slightly off topic but since we are talking about Bitcoin's down ward movement the MtGox trustee might be the one who caused the price to go down today.
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VitKoyn
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May 22, 2018, 04:04:29 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
You can't say that "a lot of people are speculating" because all of us are speculating the price of Bitcoin, and of course it does affect the price and the price of Bitcoin is driven by traders, investors, miners, exchanges especially the big ones. I'll give you an example, lets say that a huge company announced that they will invest huge amount of money in Bitcoin after the price dropped a lot, this means that they believe it will become more valuable in the future and that is considered speculating. It will affect the price because they bought huge amount of the supply of Bitcoin. |
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Tan_avia)vl.
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May 22, 2018, 04:07:07 PM |
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Of course, the news affects everything – on our lives, markets, on the value of securities and on bitcoins. Ecли you're new and reading bad news, giving out what you're going to do? Of course Panic! I think that we who have been doing this for a long time, visit strongly believe the news, but the newcomers are many and they panic.
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Rustamm
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Bitcoin lover!
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May 22, 2018, 04:44:53 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
Negative news about the crypto currency has always had a bad effect on the price of bitcoin. After all, the price of bitcoin is formed on the basis of supply and demand, and the demand for bitcoin depends heavily on whether good or bad news comes about crypto currency. Recently, the bad news is hindering the growth of bitcoin prices. |
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Direwolve735
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May 22, 2018, 04:50:18 PM |
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Yes, I think that bitcoin is not strong and stable enough not to succumb to negative affects. We see how bitcoin falls on the background of bad news and takes off against the background of good ones. Such kind of speculation affects Bitcoin in both ways. That`s why the crypto currancy has to become more confident and less prone to different kinds of speculation.
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Dudeperfect
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May 23, 2018, 04:51:20 PM |
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Yes, speculation not only affects the current market but it creates consequences which work as an obstacle to the growth of cryptocurrencies as a payment system. It creates market volatility and that is not good for the companies having a turnover in billions because even 1% fall in the price might cost these companies in millions so we must seek stability as soon as possible.
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Kophit2
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May 23, 2018, 05:11:18 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
maybe the negative news will also slightly affect the bitcoin. |
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swissgang
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May 23, 2018, 05:32:07 PM |
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Speculations affect bitcoin negatively for sure, but you can't avoid it easily, that is part of bitcoin to some extent but I think as market is getting regulated, speculations may decrease.
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Yaunfitda
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May 23, 2018, 05:33:42 PM |
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From last few days, so many negative news regarding btc have been aired. Then lot of people speculate the price of bitcoin and just after that I have noticed some significant change in the price index of btc. Do you think that these speculation affect the price of btc a lot???
Definitely, crypto is based on speculation so if there's a negative news coming, or even fake news, it will surely put a impact on the price. Just look at how the statement of Warren B and Bill G., it has somewhat happen the spirit of some (newbie)traders that's why they decided to sell off. And who would forgot Jamie Dimon attacks last September, damn that was intense, but the good thing though is that this kind of attacks affect the market short term. Because investors take the opportunity to buy in dips resulting in the market recovery. |
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Tyrantt
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May 23, 2018, 05:36:39 PM |
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Depends on who's making the speculation. Likely no one will listen to a new guy spreading words of dooms day but if someone, who's more significant in crypto, starts spreading the same word, that might lower the price. Also, depends if those words get to people who are holding larger amounts of btc.  |
Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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Coinlover9
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May 23, 2018, 05:41:42 PM |
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Yes very much so especially if it's from the media
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petloer
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May 24, 2018, 10:18:16 AM |
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It will not affect that much. No it will simply make a decent environment for bitcoin dialog and could likewise be the reference on individuals holding some bitcoins. A few individuals here could astoundingly clarify the great things on bitcoin and their theory. This is the reason we have the bitcoin talk gathering for bitcoin exchange and it regards examine about bitcoin theory. For me this is a decent string to begin the hypothesis for bitcoin. It will open a new door for bitcoin discussion.
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johnethearn
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May 24, 2018, 03:49:39 PM |
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I think all these speculation leaves a great impact on Bitcoin. The price of Bitcoin is manipulated to a big extent through all these speculation. It creates a dense atmosphere in the market and the investors starts panicking a lot.
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Emma Alex
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May 24, 2018, 10:57:19 PM |
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FUDs or negetive news are the most crucial part which affect the price of bitcointo great extent. Because of different FUDs the price dropped few months ago. But, right now, the price is increasing and i think it will be recovered fully very soon.
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