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???
in some ways it does. Because people tend to listens to what other people has to say. If other speaks ill of a certain altcoin word of the mouth will go around and certainly will make some damage. Like a potential investor might shy away in fear of losing his money.