Quote from: Apple Mac on June 23, 2018, 10:47:37 PM

Quote from: crairezx20 on May 31, 2018, 03:47:36 PM

I think one of the factors that can affect the bitcoin price is bad news or FUD's that can holders sell their bitcoin because they think that the price of bitcoin will drop and the other factor is there are some group of a pump and dump that can manipulate the value of bitcoin and the other thing is there are many scammers out there that use bitcoin as their presentation that is why people didn't trust bitcoin because of this reason.

Indeed. I do also think that FUDS from other people can now be considered to be the major contributing factor that affects the Bitcoin price movement in the virtual market in which people are now desperately selling their holdings for them to be able to save themselves on suffering into a great loss which we do not want to happen on our money but really do happen and makes the suffering grow to an even larger range because we are all being affected with those people doing panic selling since they are increasing the great number of demands in the low price which many people do prefer to buy on this times.

Yep, FUD is one of the most factors that have big influence on bitcoin price. In fact, almost all investors or traders as well are aware of this harmful syndrome but always theyre stuck in it. When spreading FUD, most of people get fear of the drop of price , and then afterwards they sell coins with low price . The whales definitely take this advantage to buy many more coins with low price in order that they control the market in their way. In addition, the price is more likely to get down owning to the demand and supply. Anyway, wed better to keep away from bad or false news about bitcoin so that we cant be affected by FUD syndrome.