Can human stupidity affect the movement of the market? - page 11.

liseff3

sr. member

Activity: 532

Merit: 255

Quote from: Dimon8 on June 14, 2018, 02:35:15 PM

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

I think the number of new users (layman) more than the number of experienced users or the number of users who don't understand the performance of cryptocurrency more rather than users who understand it. Experienced users usually focus on growth factors and they never take the crypto news seriously unless it's positive, while new users, more believers in the negative news (FUD), so that negative assumptions arise that affect his mind, no doubt if eventually giving birth to panic sales which results in a weakening in value.

sborders52567

newbie

Activity: 80

Merit: 0

Social media is controlled by the government, so it falls on the same category too. Every news related to crypto currencies can positively or negative affect the movement of the market.

sborders52567

newbie

Activity: 80

Merit: 0

It can really affect the market, if you see those dumps in the past months, its actually because of FUD news and the weak investors easily believe on that news and the result is negative.

Antonina

jr. member

Activity: 280

Merit: 1

All things affect the crypto currency world, so we need to be careful, because we do not know what will happen next, what will happen tomorrow, so we need to be vigilant.

edavis38156

newbie

Activity: 21

Merit: 0

the news heavily affect the crowd behavior and crypto market is depend on the people's behaviour and news is the number one source that affect people's decision, so news play important part here in crypto market, many people depend on the news to make the trade

skeletica

newbie

Activity: 138

Merit: 0

Quote from: Dimon8 on June 14, 2018, 02:35:15 PM

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

according to my personal observation, 80% of the crypto market is controlled by the media.
this is clearly due to the ignorance of the investors, they are provoked with negative news that says bitcoin will fall.
and stupid again, many believe it. resulting in the sale of assets on a large scale and bad for bitcoin.
on the other hand, the pope is fortunate in such a position. I hope everyone uses their brains properly.

Saldom12

jr. member

Activity: 238

Merit: 1

Maybe it could happen in this crypto world we have to be careful because if not it can be fatal what else in this matter fools join this world can affect the market down to even be destroyed the price. All things have an effect on the crypto world that's why we need to be extra careful in this case.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: sultanGol on July 15, 2018, 02:42:42 PM

The news can easily manipulate most people. Also they tend to get scared very easily, and make instant bad decisions, instead of thinking a bit. Look, if the source is valid, ...

People believe whatever they are told, this is why people see some news in the media and instead of thinking critically about it and to try to find if it is true they just accept it as fact, that is why there are so many fake news going, which is why I have stopped listening to news and I try to find answers by myself, it is a long and tiring process but if you want to have access to the real information and not propaganda then that is something you must do.

Qeupe

newbie

Activity: 135

Merit: 0

yaa panic selling can be one of them, and this can not be separated from the role of the media in spreading various information, most of them spreading negative issues about bitcoin causing negative trend and decreasing bitcoin trust. This is what causes panic selling can occur.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: furry04 on July 17, 2018, 05:19:58 PM

for example when the hack of bancor happened people saw it on media and from 6700 the prices fell until 6000 in just one night, which is a pure example how people panic and media affect the market.

That is how the market used to. The people in the cryptocurrency market are so vulnerable to the news that are around and we should not complain to those happenings and instead of complaining, we should adjust ourselves and help ourselves to get used to those happenings so we can react earlier than the majority and still make profit.

furry04

full member

Activity: 308

Merit: 100

for example when the hack of bancor happened people saw it on media and from 6700 the prices fell until 6000 in just one night, which is a pure example how people panic and media affect the market.

BigDig

member

Activity: 277

Merit: 12

Unfortunately, human stupidity affects everything not only on the crypto market. In the market people are prone to panic, and not to stupidity. Although this is often the same thing.

rasp

hero member

Activity: 900

Merit: 503

Quote from: Dimon8 on June 14, 2018, 02:35:15 PM

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

News has always been affecting the behavior of the crowd.
Most financial crises started from negative news that spread like a plague and made people massively withdraw their money from banks.
Remember what was the prerequisite for bitcoin's winning streak in December 2017? It was a series of positive news related to the coin itself and innovations in the sphere of blockchain in general.

kidamazo

member

Activity: 289

Merit: 10

Quote from: Dimon8 on June 14, 2018, 02:35:15 PM

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

Even more than that I can say that our Communities stupidness and lack of education is moving almost all of the drastic movements on the market right now, the peak in 2017 was also caused by the people reaction on the bitcoins rising and it's like the snowball rolling.

sgenuine

full member

Activity: 854

Merit: 103

Quote from: opinion3 on July 13, 2018, 02:50:32 PM

Of course it can. There are a lot of falls news on TV or in the internet that effects not only on cryptocurrency market but on ours minds

Mass media information affects our minds a lot. However, I suppose that the panic sellers can easily change the situation on the crypto market for worth.

Destofe

newbie

Activity: 46

Merit: 0

Of-course, human stupidity can affect the movement of the market because of the stupid things that human do . The most frequent human stupidity is easily hoaxed and negative issues that brought to fake news of the bitcoin markets and it will affect the movement of the market.

sultanGol

member

Activity: 188

Merit: 10

The news can easily manipulate most people. Also they tend to get scared very easily, and make instant bad decisions, instead of thinking a bit. Look, if the source is valid, ...

Zigzagkuy

full member

Activity: 384

Merit: 100

What stupidity do you mean? I think it will not affect the market movement. I also do not know what makes the market easily terpengeruh. Look at the current market situation, maybe you will find the answer there. Because the market is currently down, and try to monitor it.

jakagintiri

member

Activity: 420

Merit: 10

www.coinxes.io

yes of course will affect the market price movements, especially if bitcoin news is conveyed with wrong and ignorant then the effect will be very unusual on the price. so it's as good as people to talk or preach the bitcoin in terms of its positive just so as to increase the value of bitcoin and will make bitcoin more exist.

inv_ker

member

Activity: 144

Merit: 30

Quote from: Dimon8 on June 14, 2018, 02:35:15 PM

Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?

From the word itself, "stupidity" can really make things worse especially those who really do not think for others just for themselves.

Topic: Can human stupidity affect the movement of the market? - page 11. (Read 22330 times)