Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is on the news
by
Lambo-san
on 03/01/2018, 19:56:44 UTC
I have watched bitcoin in the news and they warned the viewers about this matter. Will this increase or decrease the value of bitcoin?

Warned about what? Bitcoin? Regardless of the news being positive or negative towards Bitcoin the end result will be positive for Bitcoin. Bitcoin became popular because it was published in a magazine that states that Bitcoin is being used to purchase drugs (I've read this in this forum months ago). It's a negative news but it turned positive towards Bitcoin. So will the news you watched would result in an increase or decrease in Bitcoin's price? Either. Bitcoin is volatile. The possible demand increase would not be that huge to influence the current price.