Quote from: Gotumoot on September 02, 2018, 03:22:46 PM

Quote from: Coin_trader on September 02, 2018, 03:00:58 PM

In my opinion, it is still the quality of news that really affects the Bitcoin price, fake news spread by fudders will not affect the pricing, the question is what is the news? where it came from? Is it real? Most news affecting Bitcoin price are those news came from the government, those news that really made against the Bitcoin like banning from a certain country, declaring it as illegal and the likes of them.

The news are not affecting the price of bitcoin. Its just looks like that because it affects the minds of people that are investing and wanted to invest on it. Because of lack of knowledge about bitcoin, people are easily deceived by the news spreading on the social media and it affects their decision making because of the guts given by the news.

So, how come that it did not affects the price? It really affects the price! Yeah, it affects the mind of the people that are investing and it influences on their decision, that trends will make the price moving up or down and what would you call that? The news really affects the price, if it did not, there would be no price movement.