Do you agree that crypto news generates fake hype?

plvbob0070

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Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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

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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

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Quote from: malading on December 16, 2018, 04:38:27 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

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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

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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

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Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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

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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

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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

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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

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The Exchange for EOS Community

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

Cat Coin

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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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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

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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

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Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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

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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

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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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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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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

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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.

Absolutep

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Crypto sphere is full of so manipulation and one of the best way to achieve that is to come up with fake hype.We just need to be wise or else we will fall for it.

FLHippy

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I know about this problem, especially CCN portal predicts where market go in few days, but they have low success rate.

stoxalpha

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The Internet is open, no one and stop the hype, unless it breaks the law. XRP's hype this year is particularly powerful, and many news said that they have cooperated with Doka large companies. Perhaps the future cryptocurrency is concentrated.

jcpone

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This is the reality of cryptocurrency based on its decentralized system, that we can't control every thing here. News were being fabricated to make things look good. There's nothing we can do to stop this kind of news article, but we can ignore them.

For the case of XRP, has the reason to grow in terms of market cap due to some banks are testing it's platform. That is a big boost to their innovations.

CryptoGosu

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News is very influential on not experienced traders and investors. News creates psychological pressure. But I do not think that Bitcoin and other high-quality cryptocurrencies are a fake hype.

ShowOff

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Quote from: Garrixx on November 28, 2018, 06:55:36 PM

Unfortunately, this is the reality of the cryptocurrency market, and we cannot do anything about it. we either agree with this or not

We only can prevent or take profit with that. Actually, if we already know what they purpose, we can do something that can make us gain some money. Profit is one people look in trading activity, don't forget about that.

mightwalker

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I don't think that's called fake hype, people still get hyped about top cryptocurrencies.

Garrixx

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Unfortunately, this is the reality of the cryptocurrency market, and we cannot do anything about it. we either agree with this or not

SaoAccel

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The internet is a place for you to voice out freely what you want to say about it that's why it's hard to distinguish what's real and what is not true. Since crypto is being girded by personalities that are popular people this is also a factor why cryptos goes up and down.

tomahawk9

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Obviously, if you have the usual news articles spreading FUD and negative news about cryptocurrencies, you'll also encounter the opposite.

Every news outlet has their own agenda, some would rather spread negativity no matter the state of the market, some others are going to release bullish articles in order to either calm down the average joe who doesn't know what's going on, and then you also have those sites who create fake hype around a certain coin to encourage people to invest in it.

Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

Yeah, it's the best performing crypto, but the hype that swirls around it (and other currencies) is, like, 90% fabricated.

Some news site have a bit of an influence within the community (I'd say mostly newbies), it wouldn't be uncommon to find that the teams behind X or Y coin are paying a big sum to these website to release a bullish article or to create hype, it's all part of the ~~shady~~ marketing campaign of a cryptocurrency.

poodle63

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Quote from: bitChipper on November 28, 2018, 01:32:38 PM

Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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 I would say that ripple was probably the most bought coin by people who entered the cryptocurrency market in 2017. Since then there have been a number of crypto related news sites that have popped up that were not around from 2013-2016 so it makes sense that these website owners may be ripple holders.

Ripple has one of the most active subreddits also, its no surprise that news is blown out of proportion because there are a ton of bagholders.

Now this doesn't mean XRP is a shitcoin, far from it, even though it generates alot of hype it still is a viable crypto for the future.

The bad holders of ripple would never say this is a bad coin but but faketoshi doesn it. lol It's a coin without any usefulness that i can't get it from hold my ripple.
Ripple was following the news about the development and it never give any use case. Basically this coin is almost a security.

yescrypto

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I believe that that crypto is so flexible which and easily controlled by just what people's says or write up properly on Twitter, Facebook and many others platforms and you will find out that people are quickly to react to the news and start changing things either up way or down.
the dumping some days ago is because the new of worse are yet to happen to bitcoin is all what people keep saying and after that you see people start selling in other not to be left out.

IVEXO

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I do not think the hypes are caused by the news, if that is the case, then 2018 would be th best year for crypto currency
Why ?

There are more fantastic and fascinating news in 2018, and it keps on dumping, it is sending out a message of patience and long term investment
thus, invest in valuabke longest term project.

cameron_EMI

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Quote from: bitChipper on November 28, 2018, 01:32:38 PM

Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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 I would say that ripple was probably the most bought coin by people who entered the cryptocurrency market in 2017. Since then there have been a number of crypto related news sites that have popped up that were not around from 2013-2016 so it makes sense that these website owners may be ripple holders.

Ripple has one of the most active subreddits also, its no surprise that news is blown out of proportion because there are a ton of bagholders.

Now this doesn't mean XRP is a shitcoin, far from it, even though it generates alot of hype it still is a viable crypto for the future.

I do think XRP was the most bought coin by people who don't really do their research on various cryptos.

1.) XRP is cheap and it attracts people

2.) Many media outlets always write about banks using Ripple's network, but really many people got misled because they assumed banks using XRP, the token itself, which it isn't true.

3.) Bitcoin and Ethereum are too expensive to own one coin, but XRP isn't so people like the idea of having multiple coins for $100. Plus XRP is at #2 overall market cap now.

bigcash2011

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I will talk generally here and my personal opinion is that the news media is mostly biased and that may be due to paid shilling or personal likings while we also know same media cam also create fud and negativity for a certain coin or overall market which effects market badly, i think news and media industry should become rational and avoid manipulating the markets.

Muhammad Muneeb

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Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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.

i never purchased xrp ever beacuse investing in xrp is just like making fun of decentralization. but it seems that it was the best coin to make handsome ammount of money.. xrp is not just hyped crypto but bank related institution likes to adopt xrp rahter than btc or eth so it is not losing its value very low

Bttzed03

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A few weeks ago, I read an article stating that a certain project has "smashed" their ICO! Only to learn that it was all just for PR to entice more investors. So yes, some cryptocurrency news are being used by some projects to generate fake hype.

offstage

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Hype is hype. If it is work and attracts people - why not? They just won, other - no. But it would to make specific effects.

DaMut

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Quote from: bitChipper on November 28, 2018, 01:32:38 PM

Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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 I would say that ripple was probably the most bought coin by people who entered the cryptocurrency market in 2017. Since then there have been a number of crypto related news sites that have popped up that were not around from 2013-2016 so it makes sense that these website owners may be ripple holders.

Ripple has one of the most active subreddits also, its no surprise that news is blown out of proportion because there are a ton of bagholders.

Now this doesn't mean XRP is a shitcoin, far from it, even though it generates alot of hype it still is a viable crypto for the future.

And do not forget that they are using bank-kind of a system with an authority behind them, I am pretty sure the governments are supporting this kind of project instead of Bitcoin itself.
It is very easy to control such a project with an authority behind it compared to a project that does not have someone to control over in the back.

bitChipper

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Quote from: krotans_kroutons on November 28, 2018, 12:13:35 PM

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 I would say that ripple was probably the most bought coin by people who entered the cryptocurrency market in 2017. Since then there have been a number of crypto related news sites that have popped up that were not around from 2013-2016 so it makes sense that these website owners may be ripple holders.

Ripple has one of the most active subreddits also, its no surprise that news is blown out of proportion because there are a ton of bagholders.

Now this doesn't mean XRP is a shitcoin, far from it, even though it generates alot of hype it still is a viable crypto for the future.

krotans_kroutons

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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.

Topic: Do you agree that crypto news generates fake hype? (Read 413 times)