Bitcoin Forum

Economy => Trading Discussion => Topic started by: CRYPTON0101 on June 15, 2018, 12:26:17 AM



Title: Crypto currency affected by social media
Post by: CRYPTON0101 on June 15, 2018, 12:26:17 AM
Crypto currency is no stranger to community sentiment.
News and social media play a stern hand on the way crypto currency trades. As a result the high and lows come rapidly- you need to have a stomach for it moves of more than 18% are commonplace


Title: Re: Crypto currency affected by social media
Post by: Koro-Sensei on June 15, 2018, 12:38:27 AM
Crypto currency is no stranger to community sentiment.
News and social media play a stern hand on the way crypto currency trades. As a result the high and lows come rapidly- you need to have a stomach for it moves of more than 18% are commonplace
Bitcoin is widely known through social media but the negative side of Bitcoin was clearly emphasized rather than risking their money with purpose. The social media is dangerous there are bunch of idiot judgemental people , judging people's lives without knowing the real truth it also applies on everything bitcoin was no exception to this as well.


Title: Re: Crypto currency affected by social media
Post by: Probinus on June 15, 2018, 04:03:26 AM
Crypto currency is no stranger to community sentiment.
News and social media play a stern hand on the way crypto currency trades. As a result the high and lows come rapidly- you need to have a stomach for it moves of more than 18% are commonplace
Bitcoin is widely known through social media but the negative side of Bitcoin was clearly emphasized rather than risking their money with purpose. The social media is dangerous there are bunch of idiot judgemental people , judging people's lives without knowing the real truth it also applies on everything bitcoin was no exception to this as well.
Yep social media is pretty dangerous because informations can be fabricated, deceiving millions of people. Nonetheless, it can still be a good medium of promotion. Promotions = change in market = change in demand and supply.