Absolutely. The stupidity on display is seemingly bottomless, but there is a small cabal of people who profit vastly off it as they know exactly how stupid most people are, which is very, very extremely stupid.
We see it in effect on this very forum all the time. I've lost count of the number of times people see a headline and react to it. You can tell they haven't even read to the end of the headline, let alone read the article, let alone attempted to understand the information it was conveying.
Topic: Can human stupidity affect the movement of the market? - page 26. (Read 22301 times)
Nowadays, I believe that bitcoin is under manipulation and it is the main reason for the market movement.
But, when market moves to a direction it always has a herd effect and the stupid people just do panic buy or sell.
But, when market moves to a direction it always has a herd effect and the stupid people just do panic buy or sell.
don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement
It seems to me that you are exaggerating the possibility of the media. They do spread a lot of fake news or jeans. But this is only one part of the problem. We decide whether to respond to the news or not. Why do people panic? I'm sorry that the price of my assets has gone down, but I'm not selling them cheap on any news. We always make the residual decision ourselves.hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement
It seems to me that you are exaggerating the possibility of the media. They do spread a lot of fake news or jeans. But this is only one part of the problem. We decide whether to respond to the news or not. Why do people panic? I'm sorry that the price of my assets has gone down, but I'm not selling them cheap on any news. We always make the residual decision ourselves.
As shown by the not very old news, news along with advertising and human greed - is a good mechanism for manipulating the crowd. Remember the situation with fake LTC fork, and when the price of LTC has risen on more than 70% in two weeks.
Certainly, it affects the market. Since it is humans only who trade , their thinking, emotions and logic always affect the movement in the market.
Yes that is right that different human activities can effect the market, for example if inexperienced people will sell their bitcoin in panic they will certainly effect thew whole market and then it will become difficult to recover the market. So it is human wrong decisions and other activities which can really effect the market much more.
Pretty much 99% of market movement is driven by human emotion, in crypto, at least. Normal stocks have businesses behind them, income, earnings, the overall performance of the company matters a lot when it comes to stocks, cryptos on the other hand can just rocketjump to the moon without any real explanation.
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?
Honestly, its true that news either fact of opinion can really affect the the movement of the market especially in terms of the crypto world. Lots of people believes that crypto is not a good business or campaign in a market for its value do always fluctuate lower than expected. Lots of news talks negatively about Bitcoin without knowing the true value of Bitcoin.They just know how to judge and criticize the disadvantages of things without knowing the advantages of it. In other words, negativd news can really affect the whole dignity of Bitcoin.
Yes, it can affect the price movement. Many new investors fall trap to panic and this results in further price crash.
Certainly, it affects the market. Since it is humans only who trade , their thinking, emotions and logic always affect the movement in the market.
don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement
It seems to me that you are exaggerating the possibility of the media. They do spread a lot of fake news or jeans. But this is only one part of the problem. We decide whether to respond to the news or not. Why do people panic? I'm sorry that the price of my assets has gone down, but I'm not selling them cheap on any news. We always make the residual decision ourselves. 
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?
Imo it's not stupidity what affects the movement of the market but rather shrewdness of the whales. It breaks down like this. Whales selling hundreds of millions USD worth of coins(which affects the market) to lower the price. Regular people panic sell millions USD worth of coins but it doesn't affect the market and that's wny whales have two options: 1. Sell more coins to lower the price even more (risky); 2. Wait couple of months buying little by little at low price. They can't buy all their sold coins back at once since they know that the price may skyrocket in that case and that's why they do it slowly. They know well that regular people can't affect the market so it's up to them, whales, to decide when it's time for the price to start rising.
In short, I think when the crypto adoption will reach the point when most coins are not held by whales, but by regular people, the manipulation will stop and crypto will be much less volatile.
media is very influential with its rise and fall of crypto. if negative news many people sell cheap crypto due to market uncertainty vice versa
don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement
quote author=Colt22 link=topic=4471477.msg40135489#msg40135489 date=1529014365]
[/quote]
Actually, for most of us that is always the case and also the reason why when we heard of some news even though its not true the price of bitcoin changes rapidly.
I don't think so, its true that the price can be manipulated by whales but is in small quantity. After that, it will be a domino effect, the weak hands will sell their coins and the bad thing is that they are in many numbers that contributes to greater loss.
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?
There are many people in the crypto who are not very expert in crypto and they often rely on the news of other people and when they hear any bad news about crypto they afraid from that and they then escape away to think that they will be secured. In this way it can affect. [/quote]
Actually, for most of us that is always the case and also the reason why when we heard of some news even though its not true the price of bitcoin changes rapidly.
Absolutely not, because the stupidity of people will always be in the class that is a beginner in the field, and of course that do not affect on the movement of the market because the majority of them do not have a big budget of money to trade. Moreover the only category affect on the value of cryptcurrencies (market) are the whales (capitalists) because they have a large proportion of money, so they always manipulating the market in order to achieve their future goals .
I don't think so, its true that the price can be manipulated by whales but is in small quantity. After that, it will be a domino effect, the weak hands will sell their coins and the bad thing is that they are in many numbers that contributes to greater loss.
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?
The influence of a news is on the psychological and mindset of a person related to a view to something that the media wants to express. If the news is received and trusted by investors then chances are that the news has influenced them to make a decision in investing so that the market also experienced the movement.
From the many people.. because they have different beliefs in crypto, some really believe, some are half-believe, and some are afraid, of course.. they all have different effects gained when hearing news or knowing the certain news till it affects to the crypto market movement. And also it can be influenced because of the existence of their country that opposes it or support it.
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?
Definitely yes! The media have a huge impact on someone's perspective in something. It either change their view or not. Human stupidity can affect the movement of the market like if their heard or watch some news pointing out that cryptocurrency is bad or the value is low or even the crypto will die then they tend to do some unreasonable act like stop involving in this, panic selling, encouraging other to stop doing cryptos, etc. resulting to the down movement of the market.
lol, i think that was really affected dude, if some people spread to each other about the bad of it, and many stupid thing are agree and spread it again and boom the market going to fall just because the words
news is very influential in the world of cryptocurrency market. although sometimes the news is just a hoax. Why? because this is the world of crypto where everything stirs in the virtual world, can not be accounted for,, there is no guarantee for the loss. that's why sometimes there are still many who believe in news or FUD
Jump to: