Can human stupidity affect the movement of the market? - page 5.

satriagedhe

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Quote from: Thomas-s on October 01, 2018, 07:22:30 AM

The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

not true at all , the miners are just get little piece of bitcoin in the whole bitcoin in the market , they also wait for bitcoin price rise up , someone who "determine" that , i think the guy who have much money and can buy 30/40% bitcoin in market

Ranly123

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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?

Crypto news has a big impact on the market since people mostly believe in the news that would circulate through media and other platform. If negative news would be heard, then that would most likely bring down the prices is the market specially on the affected coin.

Faeton

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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?

People have always committed and will continue to do various stupid acts while participating in the crypto-foreign exchange market. For example, would reasonable people buy bitcoin in December last year, when it had already been rising for a long time before that? Was it the hope that it will constantly grow? According to studies, even the whales were still buying bitcoins. And according to the laws of the market, and especially from today's positions, it was stupid. However, this happened, and we now have almost a year after the fall of the entire cryptocurrency and a lot of problems.

gamalzour

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Quote from: kumala_abi on October 01, 2018, 10:53:07 AM

Quote from: Thomas-s on October 01, 2018, 07:22:30 AM

The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

that is not fully right.we know in market much bitcoin and altcoin holder.and some of them was speculator and financial firm that buying coins from dumper.and maybe this person could be main factor behind price dumping.

I think it is not stupidity but the fear. I think people who fear easily about their money is not the right people to invest in a volatile market. People who think they are losing all of their money right away in a small drop is not the right people who should be investing in bitcoin which drops and rises constantly above the %10 levels daily.

I think if you see bitcoin going from 7.7k levels to 6.2k levels but also see it go from 3k to 20k you should probably know that you are not into something thats a sure thing, bitcoin will do crazy moves and you need to hang on with it until you make your profit from it and not get scared easily.

bluebirdsec

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Like you said , the news vigorously influence the group conduct and crypto advertise is rely upon the general population's conduct and news is the main source that influence individuals' choice, so news have vital impact here in crypto showcase, numerous individuals rely upon the news to make the exchange.

Ikay

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It will affect the market because the new blood crypto investors will follow the flow of the socialmedia news if bad sides about crypto will spread in socialmedia won't you think that new investors will not affect? they will not continue to buy because they have heard bad information about crypto.

fauzan Ichsan

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of course. because with so many ignorant people who embellish the good name of bitcoin and other crypto, surely the market will fall like last year with the many bad news in the name of bitcoin

i think they move it by doing panic, so many sell. and the price continues to move down. they do not think that by being calm, it will hold the price so that it does not fall deeper, so that market movement at least persists

h0lybyte

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Infact, this is why we see bitcoin stucked on a lower level since a year .
Some investors are really unacquaint from trading and some do dumping deliberately.
Humans do stupidity by selling bitcoin during unfavourablentimes and thus they make its movement badly affected

KingdomHearts

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Quote from: maitexisi on September 29, 2018, 01:29:43 AM

It is true that news can affect people's emotions and therefore lead to price fluctuations. The right decision must be made by the mind, so we need to have our own point of view and not be distracted by some news.

Actually there is an assumption that all those who are in the market are rational and this requires them to keep aside the stupidity and emotions while dealing in the market. Of course it affects the market and this is something that shows big effect on aggregate level.

But this can also be avoided by constantly analyzing the market and doing the cost benefit analysis before starting trading or selling your coin. This raises the prospect of profit in future.

Dikarama7

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I think that is true, if people panic because of negative news then he can easily make stupid decisions to sell low, and they will contribute to the market decline.

arikassuja

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it seems that mistakes created by humans and this collapsing market conditions often occur, one of which is that nowadays traders often experience confusion and eventually make them sell their assets instantly which eventually makes the price at the exchange place collapsed to this extent.

richard amponsah

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yes because business reach a friend through human influence same way human stupidity can affect the movement of market

kumala_abi

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Quote from: Thomas-s on October 01, 2018, 07:22:30 AM

The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

that is not fully right.we know in market much bitcoin and altcoin holder.and some of them was speculator and financial firm that buying coins from dumper.and maybe this person could be main factor behind price dumping.

Thomas-s

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The main factor that affects the market is the main miners who produce a large amount of bitcoin, they determine when the market should grow and when to fall.

joebrook

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Quote from: wayne_kenoff on September 29, 2018, 04:58:02 AM

Of course bitcoin is depend on humans. Government want there people to stop using bitcoin and if people stop using it the price will be destroy. Media and banks also take part in it. They spared false news and scared people

Will not say that it's going to be Human stupidity but rather it's going to be the naivety and the gullibility of People that's going to affect the movement of the market and I say that it's already with people believing the FUD and selling their bitcoins driving the market down.

maculeth

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a little, because stupid people certainly don't know what factors can affect the market movement itself. on average they only do what they have to do without knowing the imabs. precisely those who have an important role in market movements are intelligent people. let's say in the crypto world, there is a term whales that buy or have lots of bitcoin, then they sell everything to drop prices and then buy them again on a large scale. in the world of economics, it can be called a mafia that imports too many goods into the country and makes the goods in that country lose their prices. for example, importing excessive amounts of rice or onions.

Baby Dragon

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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 yes especially in social media , many people are using it in a bad way like spreading false news about bitcoin thats why the people who was interested changed their mind about bitcoin. It really affect the movement of the market of course if no one is willing to invest then the demand will go down.

pizzahunter

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Each news can influence the development of crypto advertise on the grounds that heaps of individuals in crypto world depend on what they have heard and found in the news.Those night particularly a terrible news may cause mess.Those individuals who effortlessly accept on the news even without affirming if its actual may take a few activities and may cause a wrong move that influences the market.Like on the off chance that they heard that bitcoin is dead and they put stock in it and they do freeze offering so it influences excessively in the market.

wayne_kenoff

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Of course bitcoin is depend on humans. Government want there people to stop using bitcoin and if people stop using it the price will be destroy. Media and banks also take part in it. They spared false news and scared people

Android4Life

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Yes you're right Human's activity can effect bitcoins price. Actuality bitcoin's market are depends on us. More we buy the bitcoin more the price of bitcoins increase. Bitocin's are using in criminals activity too so government trying to take it down which mean human will be unbile to use bitcoin which can be effected its price

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