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Topic: Can human stupidity affect the movement of the market? - page 3. (Read 22330 times)

full member
Activity: 854
Merit: 103
Probably not. Those people who have a lot of bitcoins, they are not stupid, but stupid people can not buy bitcoin because of lack of money or even if they can buy 1 or 2 BTC they will sell it quickly.
sr. member
Activity: 812
Merit: 250
I do not call it stupidity but rather misinformation. most people just dump their tokens, there is lack of belief in the project (applicable for hunters). The minute the project took off, the soon it also crashes. well you really cannot blame hunters for these, we all need money.
on the other hand, most people are easily carried away by FOMO and FUD, as a result, they ride with the waves and panic sells everything that they have. the result-- further dip then the whales will catch up and sharks will devour. only few will reign in this cryptosphere, let us not get left behind.
its not stupidity its they call mistake, so to avoid mistake we should have enough knowledge and have patience. Enough knowledge because we not easily believe what ever news you read or you saw, we do the right thing like find out the real by our own. While having patience can help us think wisely and have clearly mind before we do something, and patient is the key especially when do holding and investing or when the market is longtime falling.
full member
Activity: 448
Merit: 103
I do not call it stupidity but rather misinformation. most people just dump their tokens, there is lack of belief in the project (applicable for hunters). The minute the project took off, the soon it also crashes. well you really cannot blame hunters for these, we all need money.
on the other hand, most people are easily carried away by FOMO and FUD, as a result, they ride with the waves and panic sells everything that they have. the result-- further dip then the whales will catch up and sharks will devour. only few will reign in this cryptosphere, let us not get left behind.
full member
Activity: 493
Merit: 100
of course news on social media greatly influences human behavior. social media has now become a major force in shaping patterns of behavior in human life. because almost all modern humans have gadgets to access information and news. by reading and seeing the news they will be affected and begin to take action. for example there is negative news about crypto such as banning crypto ads on facebook and twitter and crypto rejections in several countries. most people will read the news. then they are affected by thinking cryptocurrency will fall so they panic sell. when many people make a sale it will have an impact on the number of cryptographic offers and requests. and of course this can affect market prices.
sr. member
Activity: 882
Merit: 250
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?
Fud news it the one can affect the crowd of crypto because of fud news people do a panic selling that's why crypto market be bloody and dropping.
the goal of this fud was making all panic and selling their coins cheaply.and it is example for stupidity investors in market.and give big impact to market.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
In my opinion ,it might be that stupidity might affect the movement of the market, like for now that the bear market is really falling down , and one possible cause is the panic selling of coins and it will results to abundant supply of coins in the market and cause lower down of price , so this is the stupidity that affect the movement of the market.
full member
Activity: 812
Merit: 100
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?
Fud news it the one can affect the crowd of crypto because of fud news people do a panic selling that's why crypto market be bloody and dropping.
member
Activity: 714
Merit: 14
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?
One of the key factors that drive the crypto market is the influence of the people either inside or outside the crypto space. Crypto has no value without the patronage of the people, hence anything that causes hindrance to the patronage by the people affect crypto market. Example can be when people create false news which breeds panic. This wards off potential investors as well as making investors withdraw their money form crypto. This affects adversely the crypto market.
sr. member
Activity: 462
Merit: 250
bvo.trybravo.com
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 are actually affecting the situation on the market, especially the onew related to banning crypto in Asian countries and imposing regulations by the US and European states.
Remeber the recent hype connected with btc ETF? People prepared for the hype, everybody was sure that ETF would influence the price of bitcoin (and consequently other alts).
It's not the human stupidity, but psychology which is the cornerstone of crypto trading.
copper member
Activity: 672
Merit: 270
Without having an understanding of crypto will make people easily believe in negative news and in the end will panic, panic can make people think stupidly without taking into account the final results. Panic can make people choose to sell low and the more people panic, the more it can affect the market decline.
I think those people who have no enough knowledge about the market and crypto are the ones who affect the movement of the market because they easily do something everytime they panic and it cause not good in the market, but I don't blame them because I know they only think the good thing to do for them. So I think before participate in crypto they should be have enough knowledge especially to those newbie, so that they not easily panic.
member
Activity: 602
Merit: 10
Without having an understanding of crypto will make people easily believe in negative news and in the end will panic, panic can make people think stupidly without taking into account the final results. Panic can make people choose to sell low and the more people panic, the more it can affect the market decline.
member
Activity: 462
Merit: 12
Human wisdom can only affect the movement of the market !!!
Now there is a very small turnover of Bitcoin trading, that one experienced trader with 500 Bitcoins can both raise and lower the Bitcoin rate.
member
Activity: 266
Merit: 10
News have very big impact on any market and especially on cryptocurrency market, what is unregulated. And sad to say but there is a large amount of fake news, what also has an  effect on this market.
full member
Activity: 490
Merit: 101
Sorry, but there is no rainbow without rain. Mastadons such as the Amazon must see that everyone with whom they work is using a crypt. Demand creates supply. If the crypt of the clients is not used - how much is it?

And by the way, at the expense of introduce. I here just now tried to find a platform, supposedly Amazon, ebay, its-a, to buy goods. And found nothing. I wanted to buy shoes. In some stores it is possible to pay with a crypt, but this is rather an additional service, and not the main one. What can you tell me?

Immediately add. If you want an implementation, you need a platform that will work as well as the ones listed above, and the main thing is minimum commissions to start Fiat - buy a crypt - sell / buy goods - sell a crypt - withdraw Fiat Otherwise it will not work in this direction.
hero member
Activity: 952
Merit: 503
Political, economic and social news in the media significantly affects the life and behavior of the crowd. The response of the crowd against your will shouldn't be tagged as stupidity. Because some members of the crowd might have benefited from such manipulation.
It all effect us to. But smart investors or traders know what they doing, it might be stupidity for us but it's a benefit for them. We just need to find ways were we are able to earn.
Human beings are no more stupid and all of them are very rational. If someone is not rational, it does not mean he is stupid but rather means he needs the basic knowledge and training that makes him active in the market. Upon achieving this mind set, the market will be affected in a positive way and this is very beneficial to have creative individuals in the market for each of them contributes to the creation of new concepts and opportunities.
legendary
Activity: 3010
Merit: 1280
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I think it is. Market movement depends on the rumors on cryptocurrencies going around. When it is bad news, the result is panic selling and if it is good news it will be panic buying. But its not all i believe, there are still a lot of factors that determine the movement of the market.
copper member
Activity: 336
Merit: 1
If by "stupidity" you implied the fomo attitude of people believing and acting on every rumour there is......then your assertion is in order.
Nowadays, people rather than verifiying the source of a news starts running with it .....which always results to investors selling off their coins at a miserable price ......which affects the market position adversely in no small measure.
full member
Activity: 490
Merit: 123
I still remeber the time when almost every news article was impacting market in very seviere way, everyting was twisted and exagerated .
But now it seems that market does not care about any of it and is persistently going down Cheesy
full member
Activity: 490
Merit: 101
Everything is somewhat more complicated. Initially, the bankruptcy case was supposed to pay the creditors amounts in BTC at the rate on the day of the bankruptcy.

But not so long ago started the process of so-called. Civil Rehabilitation (Civil Rehabilitation Claim). And within its framework, payment is already expected directly at BTC (if you had them).

Moreover, I don’t know how for BTC, but for the USD I personally additionally counted more delay damages (approximately 25% of the amount).

So, as if Mr. Kobayashi did not have to buy the cue ball back 🙂
jr. member
Activity: 182
Merit: 1
if only everyone believed the news, then Yes, maybe. otherwise it is impossible, because everyone thinks differently from others
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