Quote from: fibrolit on September 28, 2018, 06:59:58 PM

Quote from: sunsilk on September 28, 2018, 07:18:27 AM

Quote from: naily on September 28, 2018, 07:11:46 AM

for now cryptocurrency price movements are not only influenced by it but also bad news and some politics from several countries can influence and give cryptocurrency price movements and for cryptocurrency prices, this can only have a movement from total supply and from very high demand

Bad news do really influences the price of crypto's mainly for bitcoin and even inside political issues that's related to crypto are giving effect as well. Most likely those countries that are banning bitcoin are giving bad effect and it makes the people panic.

And if the news are positive and is about adoption then the market reacts accordingly by having a massive pump depending on the highlighted coin. But mostly its for bitcoin and few popular altcoins.

I do not agree about the impact of good news on the growth of a certain cryptocurrency. According to my experience,in no more than 50% of cases good news leads to growth. Often the course remains in place or even falls. Be careful if you are only targeting news when buying or selling.

I'm not targeting news but that's a signage on this market, if you are aware of CNBC's fast money they are discussing about bitcoin's situation, rally, etc.

And many noticed that when they are discussing negative things to bitcoin that's the sign of buying and indication that one should start buying. When they are bullish to bitcoin, the market is starting to dip. I know that many noticed that but correct me if I'm wrong.