Do you agree that crypto news generates fake hype?

plvbob0070

copper member

Activity: 658

Merit: 402

Quote from: krotans_kroutons on November 28, 2018, 11:13:35 AM

Found an article purporting to prove that it does, but not sure if I believe:

https://decryptmedia.com/2018/11/28/infographic-how-crypto-news-generates-fake-ripple-hype/

Have always thought this, though—Ripple, according to the shittest of the shittest crypto sites, is literally ALWAYS "poised to rally" or whatever, and it never does. Yeah, it's the best performing crypto, but the hype that swirls around it (and other currencies) is, like, 90% fabricated.

Well, to understand the market, the internet plays a vital role to manipulate and create something that will shape the market. It is the news which might sometimes disguised and we cannot do something about it. It just depends upon our intuition whether to believe a hype or not.

kidbounty

full member

Activity: 1064

Merit: 101

HELENA

yes I agree, sometimes the news only makes fake hype and it is only detrimental to those who don't understand. but I can't hate it because this is where we get profit.

popolite11

sr. member

Activity: 882

Merit: 250

Quote from: malading on December 16, 2018, 03:38:27 AM

I never believe in the media. The media is usually selfish. They may be related to the project side, so I don't believe any media judgment on cryptocurrency. The media will mislead investors.

Mass media have a great effect on people's minds. If you hear many times a day that Bitcoin is a bubble, you start to believe it. naturally, fake news affects the cryptocurrencies market negatively.

dddudidd

member

Activity: 392

Merit: 10

rather than you reading short articles, in my opinion it is not necessarily true, you better know firsthand all the information from the team or the founder of a project.

ArturoProfit

member

Activity: 334

Merit: 10

Not only does the news create a wave of HYIP and artificial trading volumes to attract the attention of traders and investors are sometimes overpriced or fabricated.

rommelo24

copper member

Activity: 364

Merit: 0

Quote from: krotans_kroutons on November 28, 2018, 11:13:35 AM

Found an article purporting to prove that it does, but not sure if I believe:

https://decryptmedia.com/2018/11/28/infographic-how-crypto-news-generates-fake-ripple-hype/

Have always thought this, though—Ripple, according to the shittest of the shittest crypto sites, is literally ALWAYS "poised to rally" or whatever, and it never does. Yeah, it's the best performing crypto, but the hype that swirls around it (and other currencies) is, like, 90% fabricated.

With the new technology fake news are very rampant. We must be very vigilant in recognising fake news so that our investments will not be put ibto waste.

jagdeepjd

sr. member

Activity: 700

Merit: 251

Its kinda sad truth but the thing is this is how things have been working around in crypto since I got into it in 2017. The news about the project is going to have this that partnership or product launch or main net release etc all such news gives hype which does not last long in the current market situation.

cryptolord2077

full member

Activity: 1078

Merit: 110

Unfortunately, given the volatility, the market can be controlled through the news, and some of these news may be an absolute lie. As for example the death of the creator of the ethereum. How can people trust a market that staggers from every false news?

Red-Apple

hero member

Activity: 1470

Merit: 655

no i disagree. news on its own can not do anything. news is just a tiny part of the hype that can only contribute to an ongoing trend otherwise it won't matter and will be ignored.
for example if they are pumping some shitcoin and then some positive (even if fake) news starts coming back then the pump can become bigger. but if the coin is not pumping or if it is on the dump then no amount of news can reverse that.

sashu

full member

Activity: 490

Merit: 119

The Exchange for EOS Community

of course yes! All news that we see are aims to big players interests

Cat Coin

full member

Activity: 532

Merit: 101

Yes, there is such a thing, and where without manipulation, all those who are at the helm are trying to use different medots to make money, so this happens, the more look at the market in General is still very young,he is just beginning his first normal steps, so I think in the future this will not happen

vigos

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Activity: 260

Merit: 10

Fast, Smart, Trustworthy

Making fake news for profit is a common use of sharks/whales because it can cause traders' anxiety and influence their trading strategies.

malading

member

Activity: 434

Merit: 10

I never believe in the media. The media is usually selfish. They may be related to the project side, so I don't believe any media judgment on cryptocurrency. The media will mislead investors.

Considered

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It can generate fake hype, the kind of information that is floating around in the sphere can help to determine how much hype a coin is going to get. It is pretty much the reason that there is airdrops and bounty campaigns since they help to generate hype around the coin and get the word around that there is such a coin that is hitting the market

unusualfacts30

hero member

Activity: 1540

Merit: 500

Quote from: krotans_kroutons on November 28, 2018, 11:13:35 AM

Found an article purporting to prove that it does, but not sure if I believe:

https://decryptmedia.com/2018/11/28/infographic-how-crypto-news-generates-fake-ripple-hype/

Have always thought this, though—Ripple, according to the shittest of the shittest crypto sites, is literally ALWAYS "poised to rally" or whatever, and it never does. Yeah, it's the best performing crypto, but the hype that swirls around it (and other currencies) is, like, 90% fabricated.

well may be yes but that is the business in crypto world. Everything gets hyped up in the news in order to increase the value of the market but then it dies down after few days. I don't think that's news and pretty common in markets where money is involved and there are people behind it who makes profit from it. I don't think many people read the news these days and more or so rely on social media.

coinplus

legendary

Activity: 1386

Merit: 1058

I do not think it generates enough hype at all. Look at all the good news that happened in the past month, there has been news about Bakkt ETF coming up, there has been news of google and samsung investing into a blockchain game, there has been news of Caribbean countries using blockchain technology to keep your identity saved forever, there has been the biggest news of NASDAQ and nyse giving bitcoin ETF options to people.

All of those news combined should have made bitcoin go back to 20 thousand dollars but look at where we are right now, nowhere near that and even going down. Hence, I think crypto news is not generating fake hype at all, hell crypto news is not generating any type of hype. We really need to make sure those news get heard a lot louder in order to fix this market.

kerzhake

jr. member

Activity: 182

Merit: 1

Yes, of course, but I can tell you that in the same way and any news creates false advertising. This concerns not only the cryptocurrency market

Impaler

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CryptoTalk.Org - Get Paid for every Post!

Yeah I appreciated with you. This market generated many kinds nd of fake news and deliver to them. And we most of the time accepted it with any doubt and start panic. So in that time we sold our token and they bought in a low price or vice-versa they created a hype and we go for the sale but in that meanwhile I hey also sale their coin so many newbie start to buy. Market manipulation is very bad thinks are whale are doing it from the very first. We need very hard world news and rules to deliver the right thing.

CryptoCoinArbitrage

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$WPP $HyFi https://hyfi-corp.com/

XRP has very good marketing , maybe sometimes they are too aggressive and over hyped. This is not only
the specialty of XRP, other coins do the same. We do not have to rely on these news, we have to make our own
research.

dipeco

copper member

Activity: 210

Merit: 1

It is all about news and hype. If the news are positive and there is hype around the industry, the market is boosting to the moon and it is green. If there are some news like "the end of BTC is near", the bearish market is coming to us.

Topic: Do you agree that crypto news generates fake hype? (Read 423 times)