Quote from: carlisle1 on September 05, 2018, 04:51:51 PM

Quote from: nussy on August 02, 2018, 10:25:24 AM

I have been observing a trend from last year bitcoin price movements to this year movement.
I have observed how we're getting so much positive news and adoption about bitcoin this year, but still the prices refuse to go up. If this was last year a single positive news will have pumps the prices by at least 10% or more.
Its that positive news don't longer have any effect on the price movement or is their any manipulation going on.

While theres alot of positive news given to bitcoin as you have said,we have more negative issues and the biggest part are the countries that giving strict policy and some are banning cryptocurrency in their territories,this was the burden bitcoin must struggle to gain more value.

The negative issues like banning cryptocurrency trading are taking a hit. Many people still using a loophole of the rule being passed, but still, people are frightened. And on top of that, influential people who are against cryptocurrency and its system are full on making people more frightened, who are less knowledgeable and who are having a tender heart. Similarly, good companies accepting cryptocurrencies increases some courage. So not only the news but also many other reasons for which the price get impacted both ways, be it positive or negative.