Post
Topic
Board Speculation
Re: Effect of news circulating for Bitcoin prices
by
Rustamm
on 18/11/2018, 15:09:26 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?
You want to artificially raise the price of Bitcoin, and it is not worth doing. We have already seen the consequences of the increase in the price of Bitcoin in December last year. It is assumed that then, too, the price of Bitcoin was raised intentionally. Of course, to disseminate real good news about cryptocurrency is necessary, but only those that correspond to reality. In the steel cryptocurrency, it should itself gradually be introduced into our life, it is not worth artificially speeding up this process.