Can human stupidity affect the movement of the market?

[kauban2018]

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?

Honestly, its true that news either fact of opinion can really affect the the movement of the market especially in terms of the crypto world. Lots of people believes that crypto is not a good business  or campaign in a market for its value do always fluctuate lower than expected. Lots of news talks negatively about Bitcoin without knowing the true value of Bitcoin.They just know how to judge and criticize the disadvantages of things without knowing the advantages of it. In other words, negativd news can really affect the whole dignity of Bitcoin.

[XinXan]

Pretty much 99% of market movement is driven by human emotion, in crypto, at least. Normal stocks have businesses behind them, income, earnings, the overall performance of the company matters a lot when it comes to stocks, cryptos on the other hand can just rocketjump to the moon without any real explanation.

[Gameroid]

Certainly, it affects the  market. Since it is humans only who trade , their thinking, emotions and logic always affect the movement in the market.

Yes that is right that different human activities can effect the market, for example if inexperienced people will sell their bitcoin in panic they will certainly effect thew whole market and then it will become difficult to recover the market. So it is human wrong decisions and other activities which can really effect the market much more.

[Whitly]

As shown by the not very old news, news along with advertising and human greed - is a good mechanism for manipulating the crowd. Remember the situation with fake LTC fork, and when the price of LTC has risen on more than 70% in two weeks.

[suzanne5223]

don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement

It seems to me that you are exaggerating the possibility of the media. They do spread a lot of fake news or jeans. But this is only one part of the problem. We decide whether to respond to the news or not. Why do people panic? I'm sorry that the price of my assets has gone down, but I'm not selling them cheap on any news. We always make the residual decision ourselves.

Selling ones asset or coin at cheap price is not a good idea if ones don't need it for an emergency things. However, I agree to what Nahl and we should never underestimate the power of media and the whales because this two things are the reason why the market is dumped this days.

[posi]

don't ever underestimate the power of media because they can ruin the reputation for the particular people even so for crypto that if there was negative news for bitcoin and altcoins then they will publish the article related of it and attempt to influence people with those news and eventually people will panic and the price will dumped so this thing will have big influence for price movement

It seems to me that you are exaggerating the possibility of the media. They do spread a lot of fake news or jeans. But this is only one part of the problem. We decide whether to respond to the news or not. Why do people panic? I'm sorry that the price of my assets has gone down, but I'm not selling them cheap on any news. We always make the residual decision ourselves.

I believe human stupidity was the cause of panic sell which is why I think Nahl does make a point about the power of the media which is used to carry out FUD and I don't see anything exaggerated about what he/she said cause if the media is not effective in spreading news ICO owners wont have use to show out their project to the world.

[squallw]

Nowadays, I believe that bitcoin is under manipulation and it is the main reason for the market movement.
But, when market moves to a direction it always has a herd effect and the stupid people just do panic buy or sell.

[gentlemand]

Absolutely. The stupidity on display is seemingly bottomless, but there is a small cabal of people who profit vastly off it as they know exactly how stupid most people are, which is very, very extremely stupid.

We see it in effect on this very forum all the time. I've lost count of the number of times people see a headline and react to it. You can tell they haven't even read to the end of the headline, let alone read the article, let alone attempted to understand the information it was conveying.

[XinXan]

Nowadays, I believe that bitcoin is under manipulation and it is the main reason for the market movement.
But, when market moves to a direction it always has a herd effect and the stupid people just do panic buy or sell.

You can profit from market manipulation, tho. If they are dumping on purpose, they are doing it to buy cheap before they pump it back, best trading strategy in that case is to wait for the signal of a reversal and then buy, go all in, set a stop loss and possibly profit a lot.

[Nboramir]

I believe yes it can. Even one human’s stupidity can effect the whole market. In this world there are things that have the domina effect in them and market is one of these things. One person’s opinion on media can change the flow of the whole market immediately.

[EnricoGomez]

Of course, it does.
News from media and major influencers can hugely impact people's opinions and decisions, mostly wrong though - you cannot really trust anyone when it is money you are talking. It can cause FUD among people resulting them to panic sell and contribute to the dump, this increases the supply and thus reduce the price.

[xcajun21]

All usual means of manipulation has its commonality: Emotions!
Steering an emotional behaviour response, the human can be easily manipulated.
AKA fud. - Fear, uncertainty, doubt.

[Rossy Akbar]

About news in the social media I think has really big affect for the peoples, it really easy to make peoples trust with the news. That's why we need to find out the truth really clearly.

[no0dlepunk]

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?

Because many of us sells on news and buys on FUD. ha ha! Crypto news also affects the panic buy / sell behavior... Of course it deals with hard earned money, so fear of missing out or losing out causes the market's movement.

[ivrynx]

It definitely can, since a lot of the investors today are in it, just so they can say that they are also investing in cryptocurrency, and that they will become successful one day since they are following some guy in youtube, in twitter and probably in almost all social media outlets, since they want tonprove to everyone they are the best, though it is ok to follow them, the problem is, they themselves know nothing about how investments work, they are always faking it, and that seems to be stupidity since they will go nowhere even if they say that had eraned a lot, but the knowledge in investing is not there.

[Betwrong]

Absolutely. The stupidity on display is seemingly bottomless, but there is a small cabal of people who profit vastly off it as they know exactly how stupid most people are, which is very, very extremely stupid.

We see it in effect on this very forum all the time. I've lost count of the number of times people see a headline and react to it. You can tell they haven't even read to the end of the headline, let alone read the article, let alone attempted to understand the information it was conveying.

Yes, the cabal you've mentioned profit from stupid people's actions, but do those actions affect the market? I think the impact is negligible. And that's a good thing and a bad thing at the same time. It's a good thing because no panic selling by regular people can kill Bitcoin. And it's a bad thing because the market still can be manipulated by a small group of whales with which small investors can't compete even combined all together.

[el kaka22]

All things have an effect in the world of crypto that is why we need to become extra careful with our action because we don't know what will gonna happen next, what will gonna happen tomorrow or in the coming days, so we should be able to be vigilant with our own moves.

For the part that it is a decentralized market where the market makers or will I say whales can take advantage of anything to send signals in the market, then I can definitely say there is a huge possibility to see things like this happen a lot in the market. Mostly, human stupidity will end up in careless mistakes whereas markets are known as a heaven for such mistakes.

The most important thing is to always try as much as possible to verify news, look for trusted media platforms that are not just there for the money but because of the positive impact they want to bring to the community at large, but whichever way, these are things we cannot hide from.

[lebrone08]

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 the people gets panic their is a tendency that their going to sell all of their Bitcoin because of the news, but its always depend on the new if it positive then people would hurry to buy more Bitcoin.  in that scene if the demand is high bitcoin price is gets increase, but if there a lot of volume the price would decrease. That's how the news affect the market cap.

[santino11]

PANIC = STUPIDITY

this is the worst to have in our life in cryptocurrency.
this is the thing that will make us fall.
the price in the market and the coin will go crazy because of those FUD and PANIC.

[Cinemo]

Yes it can affect and it can be your last attempt to become successful someday cause we all know that one wrong move can defy your future. Cause I think it is a new wallet, and technology o ore the world so I think we can do it, and other information. I support cryptocurrency not capitalism and the future.