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Author Topic: The value of the coin is affected by the news?  (Read 169 times)
hoangloc19901 (OP)
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July 08, 2018, 05:18:08 PM
Last edit: July 08, 2018, 05:30:03 PM by hoangloc19901
 #1

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
agustina2
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July 08, 2018, 06:29:25 PM
 #2

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 electronic money 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

Don't be too hasty. News is one of the factor why price behaves but it doesn't mean that all the time price will react on a certain news.

Just let those news came and see what will be the reaction of the community. We can't just speculate that price movement will be good after a good news come. That's how unpredictable price movement is.
El Loco
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July 08, 2018, 06:56:20 PM
 #3

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

Well, the bad news are present threat like a hacked exchange, a bug in the code and so on. This is a different type of news that will impact in the future.
bartolo
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July 08, 2018, 08:39:37 PM
 #4

You need to take into account that the news you have posted is related to the future use of blockchain technology by IBM but it has no relation with cryptocurrencies. Therefore, it cannot influence the crypto market.
Cryptrx
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July 08, 2018, 09:40:17 PM
 #5

Good and bad news affect coins price but bad news has a greater effect because at that moment people will panick and start selling their coins but when it is good news, the price change is usually not much compared with bad news.

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ovbokhan
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July 08, 2018, 09:44:00 PM
 #6

The market responds to news of mergers,partnerships,policies etc.They can have significant impact on prices of coins
Citataw
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July 08, 2018, 10:05:08 PM
 #7

I believe that the news still affect the price of cryptocurrency. if the bad make the market red, the good make it green.
worldsuccess01
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July 08, 2018, 10:12:45 PM
 #8

This is true the value of  bitcoin will be affected by the news because those peoples kept there bitcoin will be panic how to sell it that earned a big value of money and all menbers of bitcoin will not be interested to do there jobs of pos if the value is still remain low prices.
MRlong
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July 08, 2018, 10:15:22 PM
 #9

You should understand that the cryptocurrency rate is not affected by the news that is influenced by the psychology of investors. If investors simultaneously sell cryptos, it will cause a decrease in the exchange rate and vice versa if the investors hold the exchange rate of the market will increase rapidly.
Ceasar19
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July 08, 2018, 10:22:39 PM
 #10

News affects the value of cryptocurrency because good news attracts interested people to buy tokens so the price can rise.

ekdahlswart
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July 08, 2018, 10:32:15 PM
 #11

Yes, it's because bad news can spread the FUD that make many people hestitate to invest in Crypto or make people sell their crypto coin. Also if there is good news, it will atracted many people to invest in crypto and can cause pump.
Valay9836
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July 10, 2018, 11:50:06 AM
 #12

I also think that news is not important . although our time there are news ( . especially on consciousness of people . So don't panic .
aliba
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July 10, 2018, 12:00:06 PM
 #13

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.
BagzMM
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July 10, 2018, 12:18:51 PM
 #14

In my opinion, it really affects the value of coin. It influences the minds of the people who wants to invest into cryto currency.
arida_ds
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July 13, 2018, 03:40:59 PM
 #15

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.

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July 13, 2018, 03:46:56 PM
 #16

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.
Svelto
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July 13, 2018, 03:52:14 PM
 #17

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.
victoryana
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July 13, 2018, 03:56:28 PM
 #18

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
WalkerIVIV
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July 13, 2018, 04:02:04 PM
 #19

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.

surgical_duude
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July 13, 2018, 04:02:28 PM
 #20

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.


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