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Author Topic: when will you learn price is not related to news  (Read 264 times)
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September 12, 2018, 02:03:14 PM
 #21

I am disagree with you, because you can not telling this, that global news has no effect on Bitcoin Price, because some drops in price happened then people  react to some bad news.

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September 13, 2018, 05:20:07 PM
 #22

Another thing to understand also that in a bear market, markets are less likely to be affected by bullish news because the sentiments are negative. That's why I think ETF approval at this point of a bear market may not even spark an entirely new bull market, but rather just have a short term pump associated with it.
While I'm not at all convinced of the actual impact of ETFs in the long term, I do strongly believe that an approval might initiate a speculative bull run that will last till the actual product becomes publicly accessible.

In other words, we'll get to experience a sell the news scenario just like what happened once it was clear that we for sure knew that the futures markets were reality. After CME went live, the price started to plummet logically.

I'm interested to see how the market will respond after yet another SEC delay. It's for sure that they won't approve an ETF and I see that more people finally start to realize that, so maybe there won't be that much of a selloff this month.
Right, I have always believed actually from time that even if the market tends to go down because of the ETF disapproval, it would still be just some whales trying to play with the market to their favor and nothing else. We may not want to accept that sometimes but it is the truth and because of the high volatility of the market, we know how people react to price movement pretty fast than even news.

Still, the approval of ETF should actually help to usher in more money and even more matured market, and that should be a positive thing for the market generally but it won't be like moon occurring overnight like some people always assume.


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September 13, 2018, 07:39:44 PM
 #23

Price is sometimes related to news. We can see this quite clearly when China announced that they were banning ICOs and the markets went into a frenzy of panic dumping.

an alternate explanation is that altcoins and ICOs were were bubbling for months, forming a blow off top, and a harsh correction if not outright crash was coming no matter what. everyone sitting on massive gains on thin order books at a time when the market could run out of greater fools at any moment---that's the context we're talking about.

if the news dropped in may or june, it wouldn't have made a dent in the market.

so sure, news is related. this is a market; anything that causes someone to buy or sell is related. i think the point the OP was trying to make was that people are always trying to rationalize price moves---"there must have been a reason, this latest news piece must be the reason." the truth is that markets are much more complex than that. the markets will move regardless of whether there is news. and bad news might help to trigger a crash, but the only reason that happens is because of a bearish market context where strong supply already exists.

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September 13, 2018, 08:08:02 PM
 #24

Exactly, people should learn not to believe every news.

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September 13, 2018, 08:49:46 PM
 #25

There are few thing affects btc price but news are less affective on price

the price of bitcoin and altcoins have always been affected by news, whether they are good or bad, do you remember when China banned the exchange? the price fell as soon as the news channels published the news, do you remember the days when the core and segwit2x fought? whenever there was news about their fight, it had an influence on the price. Do you remember when japan adopted bitcoin? the moment the news channels published the news the price increased a lot. Even now, when the SEC rejected the ETFs, the price fell.

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September 13, 2018, 09:23:08 PM
 #26

I am disagree with you, because you can not telling this, that global news has no effect on Bitcoin Price, because some drops in price happened then people  react to some bad news.
News is very important and it can really affect the price of bitcoin because people are reacting on every news. For me, price is really related with the news if you are trader you should consider this as part of your trading tools. Its hard to people not believe on news simply because this market is open worldwide and we have our own strategies so technically news is still important. 

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September 13, 2018, 10:57:32 PM
 #27

I absolutely not agree, news is one of the important element wgen people want to trade, when there is a good news people will tend to buy more, if there is bad news then people tend to sell more, if suddenly you heard one of the country banning bitcoin, automatically there will be a lot of people selling the coin, and you will know the price going to go down, news is really important for traders to make decision, and some news will related to price

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September 13, 2018, 11:30:33 PM
 #28

A lot of people asking what happened after a steep move of btc price. Just like there must be a bad news for down and good news for up. There is no rule like this and probably a lot of people will not really understand. There are few thing affects btc price but news are less affective on price, dont like to give numbers but it is more %5 of btc price is related with developing news, infact there was no real relation but some people think there is a relation so it causes an affect on price. Likely a lot big drops happened without a proper reason. But still people was wandering around any news which may cause to this. Big company accept btc so it should rise? they dont microsoft accepted btc affected only %0.5 bump on price just long 10 hours and price continued to drop that days, some people says mtgox crysis is the cause of 2013 rise and fall i find it funny. There are a lot of price moves on btc and you cant find matching news with them. If you wonder what is real cause of that steep drop i can say it is manipulation, not even free market can react that fast it is manipulators. But it is another topics's subject.
Just know bitcoin price is almost not related with any news. Kiss
No. "News" isn't what affects price. Its stupidity and that only. I have been trying to analyse the bitcoin market in terms of demand and supply, its shifts, its equilibrium, its interactions, elasticities of it,and I only end up getting more confused and stupider. Crypto market's volatility and its decentralization has got us into a fucked up place rather than helping us. Pumps and dumps decide the price, not the market demand and supply,because fuck economics right? Crypto-economics should an interesting thing to learn.

I absolutely not agree, news is one of the important element wgen people want to trade, when there is a good news people will tend to buy more, if there is bad news then people tend to sell more, if suddenly you heard one of the country banning bitcoin, automatically there will be a lot of people selling the coin, and you will know the price going to go down, news is really important for traders to make decision, and some news will related to price
That's not how it should work, you fucktard. But people think that, and it makes me go bang my fucking head. You  should common sense,if you can. Otherwise, crypto isn't meant for you.


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September 13, 2018, 11:37:08 PM
 #29

Exactly, people should learn not to believe every news.
Its not easy to believe on every news, but we should not depend on any news alone.
Newbies are tend to be more dependent with the news since this is the only source they have in this market. I have to disagree with the OP since news really affect the price of bitcoin, maybe its a fake news or what but the price movement will be affected for sure.

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September 14, 2018, 01:56:15 AM
 #30

No. "News" isn't what affects price. Its stupidity and that only. I have been trying to analyse the bitcoin market in terms of demand and supply, its shifts, its equilibrium, its interactions, elasticities of it,and I only end up getting more confused and stupider. Crypto market's volatility and its decentralization has got us into a fucked up place rather than helping us. Pumps and dumps decide the price, not the market demand and supply,because fuck economics right? Crypto-economics should an interesting thing to learn.

i think it's just that the market is so opaque. we know nothing about the OTC market, major exchanges are faking volume, miners don't file any sorts of financial disclosures, there's little to no commitment of traders data---even bfxdata is gone now! and trying to analyze network statistics and quantifying that into supply/demand on the spot market seems impossible and futile.

this is why i stick to technical analysis. price action always reflects supply and demand. fundamentals are just impossible to quantify.

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September 14, 2018, 02:31:55 AM
 #31

Quote
Just know bitcoin price is almost not related with any news.


I do agree, the market has its momentum but I wont say the news doesnt matter at all.  Its like snowfall on a mountainside, its accumulation of factors not just news just sentiment and a buildup in order books for prices that favours a move in one direction or the other. 
What happens even in mainstream market is the price moves, markets make that speculative trade and prices closes.  Then news sites come up with an estimation to describe that story and of course people want to read words not a price and numbers equation to describe what happened.   The news is only a small part of the story.   Actual changes to a protocol is much bigger then all the other parts.   I would also say people do react to news but I think the course is already set by price and trends previous to that news, its more like an ignition like an avalanche releases that snowfall and we see the action and think it all helped in instant when it took weeks to form this movement really  Smiley

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okala
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September 14, 2018, 07:25:31 AM
 #32

I know price is not related to news but it react to it.  The force of demands and supplies are what determines the price but in reality we have see how those force obey news and drive price towards unexpected position. However,  it will be good for all of us to understand that "price is not related to news"

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September 14, 2018, 06:38:53 PM
 #33

Exactly, people should learn not to believe every news.
That is it, it is not like news will not always be good and there would still be some news that would help inform one's decision making. However, when it comes to the mainstream media, I want to believe that news and journalist has been so much bastardized that they really do not care about the authenticity of their news before even dropping it.

Now, what we cannot say exactly if this news is related to the drop in prices or if there are whales involved in the equation to create a panic or FOMO as the case may be, but the best is just to believe in what you believe in and take the mainstream media news most of the time as pinch of salt.

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September 15, 2018, 09:47:48 AM
 #34

Sometimes it does and sometimes it doesn't. Bitcoin has clearly reacted to the first few waves of ETF rejections, Bitcoin has crashed and then recovered after last year's China ban. There are more correlations like that, but also there's a lot more coincidences or simply lack of any price change. So, as a rule of thumb, one can assume that only truly big and relevant to Bitcoin news are important. Generally, it's the news that involve important governments like the US, EU, Korea, Japan, and the news have to be specifically about Bitcoin.
Most times, I feel it does not really. The truth is that some whales may use it as an advantage to drive in people to the market, and instigate some kind of growth, but we have seen it times without number that it is just a way for them to keep making more money and it is certainly not because of the news as the market will still either tend to do its own thing anyway.

Probably, news like ETF approval might drive in money into the market, but I would not be surprised that even with it, we might not even see any serious change immediately.

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September 16, 2018, 04:12:56 PM
 #35

I am disagree with you, because you can not telling this, that global news has no effect on Bitcoin Price, because some drops in price happened then people  react to some bad news.
Bad news are just there for those who want to take it as bad news, and that is even if the bad news ends up to be true or not, as we have ended up having shit loads of them not being true anyway. However, for the fact that we see a market drop pretty fast with bad news, does not mean that there is still no form of manipulation going on even with the FUD being generated via the media. It is a speculative world, things are bound to move in the market, and it is the bigger whales that apparently instigate it.

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September 16, 2018, 11:59:03 PM
 #36

A lot of people asking what happened after a steep move of btc price. Just like there must be a bad news for down and good news for up. There is no rule like this and probably a lot of people will not really understand. There are few thing affects btc price but news are less affective on price, dont like to give numbers but it is more %5 of btc price is related with developing news, infact there was no real relation but some people think there is a relation so it causes an affect on price. Likely a lot big drops happened without a proper reason. But still people was wandering around any news which may cause to this. Big company accept btc so it should rise? they dont microsoft accepted btc affected only %0.5 bump on price just long 10 hours and price continued to drop that days, some people says mtgox crysis is the cause of 2013 rise and fall i find it funny. There are a lot of price moves on btc and you cant find matching news with them. If you wonder what is real cause of that steep drop i can say it is manipulation, not even free market can react that fast it is manipulators. But it is another topics's subject.
Just know bitcoin price is almost not related with any news. Kiss

In my own opinion, price is related to the news because most of the new traders today are trading based on their own emotions which makes the prices to dump or pump depending on the situation.

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September 17, 2018, 09:19:36 AM
 #37

You can says just like that but in fact if there was bad news appears then suddently people will starting to being panic and the bad effect too bitcoin price will automatically fall because dumped by many people and in my point of view the current situations is bad news will have huge influence for the price which makes the market fall but when good news appears it only have slighty effect for the price because people feeling to fear and uptrend usually happened temporary

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September 17, 2018, 10:36:51 AM
 #38

Probably, news like ETF approval might drive in money into the market, but I would not be surprised that even with it, we might not even see any serious change immediately.

I highly doubt that actual new money will flow in just because of an ETF approval.

The money that might initiate a pump is money that has been floating through this ecosystem for a longer while already. And then we also have capital shifts from coin to coin that keeps this market active. The only way for actual fresh capital to enter this market is to have another bull run attract more retailers, or that institutions go ham on a coin backed ETF.

Both a bull run and an ETF approval are events with next to no short term viability to them, and with the bear market lasting longer, we should be happy that the $6000 level has been supported firmly. It's more likely to see money exit this ecosystem rather than entering.

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September 17, 2018, 11:07:51 AM
 #39

A lot of people asking what happened after a steep move of btc price. Just like there must be a bad news for down and good news for up. There is no rule like this and probably a lot of people will not really understand. There are few thing affects btc price but news are less affective on price, dont like to give numbers but it is more %5 of btc price is related with developing news, infact there was no real relation but some people think there is a relation so it causes an affect on price. Likely a lot big drops happened without a proper reason. But still people was wandering around any news which may cause to this. Big company accept btc so it should rise? they dont microsoft accepted btc affected only %0.5 bump on price just long 10 hours and price continued to drop that days, some people says mtgox crysis is the cause of 2013 rise and fall i find it funny. There are a lot of price moves on btc and you cant find matching news with them. If you wonder what is real cause of that steep drop i can say it is manipulation, not even free market can react that fast it is manipulators. But it is another topics's subject.
Just know bitcoin price is almost not related with any news. Kiss

I personally think that what we must learn is to stay focus and never get affected with this fake news ,things that is really making all of us crazy when almost truth releases by the press that in the end will comes out as fake and not reliable,that this are a paid news to bring the market rattles .hoping with this we shoul$realize that even how bad the news is,bitcoin will always be bitcoin and crypto will remain for the future
Well, the truth is that the news will always be there and whether we like it or not, the whales will always use it to instigate price movement, whether upward or downward and whether we still like it or not, traders and investors will react accordingly.

This market is purely speculative as everyone just wants to get rich and the truth is that it is not really being used for what it is as people's mentality keeps getting focused on the idea of asset and long term investment. For that reason, it makes it so easy for the whales to make the price dance to their tunes based on chart emotions.
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September 17, 2018, 05:39:44 PM
 #40

Probably, news like ETF approval might drive in money into the market, but I would not be surprised that even with it, we might not even see any serious change immediately.

I highly doubt that actual new money will flow in just because of an ETF approval.

The money that might initiate a pump is money that has been floating through this ecosystem for a longer while already. And then we also have capital shifts from coin to coin that keeps this market active. The only way for actual fresh capital to enter this market is to have another bull run attract more retailers, or that institutions go ham on a coin backed ETF.

Both a bull run and an ETF approval are events with next to no short term viability to them, and with the bear market lasting longer, we should be happy that the $6000 level has been supported firmly. It's more likely to see money exit this ecosystem rather than entering.

Right. A lot of people think that an approval could start another rally to get us to where we were before 2017 ended but i don't thnk many of them really understood what it meant. It won't magically pump the price if ever it gets approved and it's good effects may very well be for the long term instead of pumping the price. It's the whales that'll determine it.

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