Post
Topic
Board Speculation
Re: Effect of news circulating for Bitcoin prices
by
drachman
on 07/11/2018, 04:45:21 UTC
I am a little doubtful that what I wrote is worth it or not, but this always comes to my mind and wants to ask this,
I have read several topics here that the drop in Bitcoin prices sometimes occurs because investors experience panic and sell their assets after reading the bad news circulating, and here I have thoughts what if a crypto community has the intention to raise the price of Bitcoin and other crypto by spreading the good news about bitcoin and also introducing bitcoin and its usefulness to the wider community?
Will it help to increase Bitcoin prices?
Good news cannot be created at will, if something positive happens in the bitcoin market then we are going to be excited but we cannot celebrate every single thing besides it is not like this is a small market anymore, bitcoin is extremely valuable and it is going to be very difficult to move the market anymore with small news whether those news are positive or negative.