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Topic: Can human stupidity affect the movement of the market? - page 8. (Read 22341 times)

jr. member
Activity: 175
Merit: 2
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?
Panic caused by fud is really common in crypto. People keep bring the fall of .com in 90s as an example that makes people afraid too hold too long and keep sell when its going down. In my opinion crypto are really different from .com which its the new way of payment and even the new way of stock. So this technology is future and we still far away from that future and thats why it makes investing on cryptocurrency is way much better than investing in market stock.
Agreed. I don't think any amount of panicers can ruin crypto at it's current state, when it's backed by monster economy of Asia.
hero member
Activity: 952
Merit: 515
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?

If most people participate on FUD, panic selling, or dumping, or many else that makes the value of a crypto down. Unlike fiat investments, crypto investments are often unpredictable when it comes to its price. Some are thinking that a specific coin is dead maybe because the team seems inactive for a week or a month. This makes people to speculate that the coin is dead and starting doing things that makes the value go down (dumping) since they think there is no future for the coin they hold. The holder and the team are both human so if they failed to do their part it could really affect not just a specific market of their coin but also it could affect the whole. At this time, the bitcoin is the most important coin that could greatly affect almost of the coins. To prevent dumping there are supporters that are needed to maintain its value and prevent from collapsing. The price of it is still high and no need to worry about dumping it since it would greatly make a comeback for a couple of months.
Sometimes it has effect, so we need to be careful with it especially in the market if we will kept in making wrong moves in the market then there is a tendency that people will do panic move too, with that we can create a big effect in the market especially in the price.
full member
Activity: 644
Merit: 101
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?

If most people participate on FUD, panic selling, or dumping, or many else that makes the value of a crypto down. Unlike fiat investments, crypto investments are often unpredictable when it comes to its price. Some are thinking that a specific coin is dead maybe because the team seems inactive for a week or a month. This makes people to speculate that the coin is dead and starting doing things that makes the value go down (dumping) since they think there is no future for the coin they hold. The holder and the team are both human so if they failed to do their part it could really affect not just a specific market of their coin but also it could affect the whole. At this time, the bitcoin is the most important coin that could greatly affect almost of the coins. To prevent dumping there are supporters that are needed to maintain its value and prevent from collapsing. The price of it is still high and no need to worry about dumping it since it would greatly make a comeback for a couple of months.
member
Activity: 248
Merit: 10
The Exchange for EOS Community
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?
Panic caused by fud is really common in crypto. People keep bring the fall of .com in 90s as an example that makes people afraid too hold too long and keep sell when its going down. In my opinion crypto are really different from .com which its the new way of payment and even the new way of stock. So this technology is future and we still far away from that future and thats why it makes investing on cryptocurrency is way much better than investing in market stock.
full member
Activity: 301
Merit: 100
I think it has a huge impact on the market. It loses the trust of many investors, making prices go down and it is difficult to recover. Besides, I believe some people have used bad news to redeem themselves and they do not think it affects the market or future of the virtual currency. They should change their mindset and make the market more exciting and grow
full member
Activity: 438
Merit: 100
Also manipulators spread rumors or incorrect information to influence asset prices.
sr. member
Activity: 2590
Merit: 452
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One of them is that they sell at the wrong time or because they panic then sell everything, and the news also greatly affects the movement of bitcoin or cryptocurrency and we must be smart in responding.
the market will develop if they look after each other and are profitable, not for group interests or personal interests that will make the market go down and hurt many people below it and that's stupid.
full member
Activity: 378
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?

of course media is the most effective way to influence people. and when most people (coin holders) are affected by the news they can panic sell / buy and of course this will affect the market. and most media also become a tool of government hegemony to the public. so that what is broadcast by the media is very influential on people. and we should not easily believe and be influenced by the media.


Yes I agree with this statement. Cryptocurrencies users are the ones who run the market. Their decisions affects the movement of the market that could better or worsen it.. For instance, human stupidity like their panic selling could contribute a lot to the price decline/downfall.
jr. member
Activity: 178
Merit: 1
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?

of course media is the most effective way to influence people. and when most people (coin holders) are affected by the news they can panic sell / buy and of course this will affect the market. and most media also become a tool of government hegemony to the public. so that what is broadcast by the media is very influential on people. and we should not easily believe and be influenced by the media.
member
Activity: 115
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?
The news will be the main factor affecting the value of the altcoins. That's a bonus because in this market, going against the crowd will bring great results. That's the rule and if you can get rid of crowd comments and follow what you should do, you'll get huge profits.
Yeah I also agree that huge volume of people can bring change in crypto market. If one want to invest and other wants to withdraw his money, it will never affect the market. People from all over the world have invested their money in cryptocurrency and stupid decisions from some stupid people cannot change the market situation. I do not agree with this.
member
Activity: 700
Merit: 14
Whatever we are doing with the our coins definitely affect the movement of the market.We all know that the price of any cryptocurrency depends upon it's demand and here demand is the number of people buying and selling .So with an increase or decrease in the demand the price increases or decreases .The demand of any coin is affected by a positive or a negative news about that coin.With any positive news the price rises as the demand increases because people start investing in it more and vice versa.

I don't know if I wanna call human stupidity but rather bad judgement of the current market and some panic. It will effect the market in the short term but these people will learn eventually as long as they don't give up on crypto. It can have adverse effect if said people leave the market after loss but it can also have positive long term effect if they don't. We should keep things optimistic and market will reflect it.

The sad part to some who panicked is that they dont have time to keep an eye on their funds whenever there is a rise and fall of cryptocurrency price. So when it goes down, they see they have already lost and just give up and trade back to fiat. I think everyone needs to see a video or read an article with lessons on what to expect with the cryptomarket, that way they will be educated. And again, im only talking about those who panicked when the price goes down.
hero member
Activity: 1540
Merit: 500
Whatever we are doing with the our coins definitely affect the movement of the market.We all know that the price of any cryptocurrency depends upon it's demand and here demand is the number of people buying and selling .So with an increase or decrease in the demand the price increases or decreases .The demand of any coin is affected by a positive or a negative news about that coin.With any positive news the price rises as the demand increases because people start investing in it more and vice versa.

I don't know if I wanna call human stupidity but rather bad judgement of the current market and some panic. It will effect the market in the short term but these people will learn eventually as long as they don't give up on crypto. It can have adverse effect if said people leave the market after loss but it can also have positive long term effect if they don't. We should keep things optimistic and market will reflect it.
jr. member
Activity: 86
Merit: 1
Apart from the laws of demand and supply, News about cryptocurrency also  drive and determine the price trend of Bitcoin and  other Altcoin, The cryptocurrency community must create more platform like  Bitcointalk.org that  can help to spread and  develop positive news about the cryptocurrency space in other to canter and reduce the spread of negative news in the space.

I don’t think so, because human stupidity can affect only individual life and not the community. Cryptocurrency investors are also a community and I don’t think that with the wrong decisions of some stupid people will affect the whole crypto market. They will only disturb their own lives and others will feel no effect of such foolish and wrong decisions.
newbie
Activity: 56
Merit: 0
Whatever we are doing with the our coins definitely affect the movement of the market.We all know that the price of any cryptocurrency depends upon it's demand and here demand is the number of people buying and selling .So with an increase or decrease in the demand the price increases or decreases .The demand of any coin is affected by a positive or a negative news about that coin.With any positive news the price rises as the demand increases because people start investing in it more and vice versa.
I have a strong believe yes it can be bad effect on market. Since many newbies start working on bitcoin without learning about it, Its the biggest stupidity of human involve in something where he not much aware.
member
Activity: 406
Merit: 11
it depends on the news about what and who issued the news. when the news is about something that is popular and influential, then the news will give changes and turmoil to the market.
full member
Activity: 375
Merit: 100
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We the humans speculate about the market and predict based on the changes that were taking place in accordance to time. Each and every move that an user takes will create a impact over the growth of the cryptocurrency. Some causes a positive effect while some creates a negative effect which is based on the market scenario by the respective time.
Of course it can affect, market changes because of the impact of the people, there are people that panic in terms of investing they didnt know the possible effect of it. Also there are some,that abuse the market that can have a negative effect of it.
newbie
Activity: 27
Merit: 0
I think the movement of the market is easily affected by news.
member
Activity: 868
Merit: 63
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?

Panic sellers is one of the reason example of it, in which they do not consider a lot of factors they easily believes on random stuffs and it is not really good for the market. And also it affects negatively in which there are more people who believes that such thing happened because of people who are inconsiderate.
full member
Activity: 490
Merit: 101
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 did learnt that the cryptocurrency market trading/trends have behaviours; hence, this implies that the market trends is mostly being swayed by human decision making processes. If most persons are influenced easily by what they hear or see aside real strategic speculations, the market will definitely move in the direction if the majority; depending on their decisions made.
member
Activity: 448
Merit: 10
Yes, one of the elements of manipulation in the market are stupid people. Whales create trends, and people support them without realizing their mistakes. Unfortunately, this is so, and let's not say how bad it is, etc. Without them, we would not have seen such volatility in the crypto currencies.
Yes people should be aware of all those tricks now because whales are only concerned about their own benefit they have no issue with you lose, so never support them, don’t panic, it is nature of bitcoin price gets high once again after sometime, try to buy more if market will found red by you, hold your own coin and wait until price recover once again, you’re stupid act of panic selling can make market surely down so avoid it.
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