Lately I have noticed some good news and bad news about Bitcoin.
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
Many people think that bad news will make the price of Bitcoin "go down" and good news will make the price of Bitcoin "Rise".
So on this topic I would like to discuss "How much the power of news can affect the Bitcoin price?"
I appreciate your answers and responses.
Thanks
News can really play a big role in changing the mindset of a person like how media works. People should know that not all news are true. Some are biased and just want to destroy something's popularity. As I observe, I notice that when people had watched the news about the people that been a victim of "scams" their trust and comfortability to bitcoin decrease just because of one news. That how media works it literally can change your mind in just a snap.
Yes, I agree with you that the media can create things that benefit a group of people in the sense of "order" to create panic in society, as well as in the crypto world, the media indirectly has a share in determining prices in the market whether it's good or bad news , I think everything depends on the community how they respond to it.