Post
Topic
Board Speculation
Re: Effect of news circulating for Bitcoin prices
by
DennyPen
on 14/11/2018, 07:42:59 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?

It will certainly help, but unfortunately, communities don't have enough outreach and credibility compared to media. That's why manipulations always take place. People that are new never register on bitcoinalk or any other specific places - but for sure they watch some news either on TV or on favorite YouTube channels, etc. Simply put, some integration of good into the mainstream is needed to provide quality news for the masses.