Quote from: Hazir on April 05, 2015, 03:55:33 PM

Quote from: Amph on April 05, 2015, 03:49:23 PM

Quote from: calme on April 05, 2015, 02:47:45 PM

Then wouldn't that mean that so-called bad news is good news? If a major hack or something happens, should we call it good news from now on?

it seems that good news is resulting in a bad price and bad news is resulting in nothing, basically we can only go down, and go up only thanks to whales's manipulation

Quote from: uki on April 05, 2015, 02:49:36 PM

Quote from: spinnel on April 05, 2015, 02:40:08 PM

Good news seems to drive the price down faster than bad news.

Can you give any example of 'good news' that drive the price down quickly? I am very curious.

when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)

I is really funny that when we have some really awesome bitcoin news: like you mention Microsoft acceptance, big hardware online store acceptance or something like that price of bitcoin is not rising at all, and as I recall in these cases it event went down a bit. But from the other side when we can even SLIGHTLY disturbing news: like when that ultra tiny chinese altcoin exchange got hacked last month or so, price of bitcoin went down momentarily. What a pessimistic bunch we are...

If the main content of the 'news' is only a future thingy, without much real stuff that is already done and ready to use then no wonder it has no real impact on the price. Meanwhile the attack on an exchange is quite real money that is lost, and moreover is directly affecting the trust in Bitcoin.