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Author Topic: Can human stupidity affect the movement of the market?  (Read 22248 times)
Yeahnoh
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June 21, 2018, 07:59:49 PM
 #241

Yes, the bad press that crypto has been getting can easily push people away from investing or even trick people into panic selling , it is unfortunate that everyone believes everything that comes out of the media

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June 21, 2018, 08:17:16 PM
 #242

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 believe that human stupidity can actually affect the growth of the economy and not just cryptocurrency, there are people out there with a business who are being negatively affected by cryptocurrency and because of that they are creating fud or fake news in order to lessen the investors of bitcoins in the market.

Yes human stupidity is more likely a poison in both crypto and outside world, making speculations without any proofs or just pertaining to theory only will affect the community itself, most of the time the market is changing its phase, some are doing panic selling when they see the market is in red state, it should be not like that, in this time of situation you must think to hold your remaining funds instead of selling it in low price and have a smaller profit.
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June 21, 2018, 08:31:06 PM
 #243

yes definitely it can affect becuase nowadays there are lots of silly people that are making fake news even without having some basic information and for that reason we don t have to believe everything that is shown up.

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June 21, 2018, 08:31:25 PM
 #244

i guess its true, with many human error it can really affected the movment of the market, like we know if market are sustain by the supply and the demand, this thing are affected by the human itslef, so if people are much following the downstream so it will worst

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June 21, 2018, 08:50:46 PM
 #245

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 all the news can affect their mindset. and when the media spread negative issues about bitcoin then they are affected and panicked to sell. if most people panic to sell then the price will drop and eventually this may affect the market.

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June 21, 2018, 09:03:40 PM
 #246

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 all the news can affect their mindset. and when the media spread negative issues about bitcoin then they are affected and panicked to sell. if most people panic to sell then the price will drop and eventually this may affect the market.
Yes the crypto news have a big effect in the market sometimes it makes the price increase or decrease because some people are depends on the news on which it can help them to decide easily but we should not depend on that because sometimes it is the only way of the whales to enter in the market at low price and making own research is very important so that we are still believing on the potential of the crypto to grow its value and adopt it to the community that helps us to hold and earn a huge profit in the future.

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June 21, 2018, 09:35:35 PM
 #247

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 this question is aimed at finding ways to promote cryptocurrency to world acceptance then you are on track. People make buying decisions based on what they hear and see. Good reviews about Crypto need to be made and aid to go viral as it influences people decision about Crypto.
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June 21, 2018, 09:56:47 PM
 #248

People always operate with info, and the main channel for info is news. And very often people cannot analyze the news well, so they make wrong decisions, other people see these decisions and follow them in a crowd... so market makes irrational price movements
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June 22, 2018, 04:54:17 AM
 #249

Human stupidity has influenced and will continue to affect the development of the crypto currency. It was thanks to human stupidity that the riot demand for bitcoins was created at the end of last year, after which bitcoin for six months can not move away from its great growth and great fall. If this were not the case, bitcoin by this time could gradually grow in price and would have a much higher price than now. In addition, this situation with its growth and decline greatly influenced the drop in the popularity of bitcoin, many young investors simply lost faith in it and suffered heavy losses.
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June 22, 2018, 05:05:26 AM
 #250

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?

News played a very vital role in the performance of the market. People nowadays are more on to the news or hype than the real deal of the technology. Given the number of scam schemes circulating around the globe that takes advantage of people's money, some individuals or even investors won't risk wasting their resources to a certain idea or technology like bitcoin that is new to them. Bitcoin gained its popularity due to news from social medias and word of mouth from different walks of life. So it really played a vital role into the crypto market performance.
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June 22, 2018, 01:37:33 PM
 #251

Indeed it can, human stupidness can destroy the most bright and perspective ideas in the world. We had already faced that with so big amount of great projects that were just unreleased, because of the lack of investments.
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June 22, 2018, 04:02:19 PM
 #252

News in the media can influence people's opinions These news can be untrue We have to choose who to believe for example I do not believe gossip and trust only reliable and proven sources..

Your correct men and added about that it's really true that media can influence people in many ways. Most of the time, media is the reason why many people is not infavor of government because media's report are always wrong and it depends in one side.
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June 22, 2018, 08:52:39 PM
 #253

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?

Even furthermore I have heard that some guys are making the false news, in order to manipulate the price of particular coin, to buy or sell it for a good price.
Let them say what they want to say, you will have to focus on your aim and work for it, they will say positive and negative at the same time, you should try to spread positive among bitcoin users so I am sure that you will not get stressed about falling price of bitcoin, soon we are going to hear good news related to bitcoin upcoming price at the end of 2018.
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June 22, 2018, 09:00:59 PM
 #254

Some news about bitcoin's regulations can cause panic. Under the influence of this panic caused by masses of people there can be an effect on our economy and the further behavior of people. So yes, human stupidity can affect the movement of the market.
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June 22, 2018, 09:09:23 PM
 #255

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?

Well, I am not entirely sure how it can affect the movement of the market. But, in the cryptocurrency market where are lot of things may happen and a lot of different factors affect the value of the coins, and also, the market itself. Then, everything may have their contribution to affect the market somehow, even stupidity itself. However, I don't think, especially now, that it would have such a big impact because many people, even the beginners already have useful knowledge to help them avoid doing such stupid moves.

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June 22, 2018, 09:20:33 PM
 #256

One's attitude and personality greatly affect his or her career. And as well as the organization or anything that he or she is committed to. Hence, each and everyone of us, affect the market just because of our attitude. Either positive or negative, we contribute to the market of bitcoin or any cryptocurrency. If we are to use our positive attitude, then it's gonna make a good impact on the market.

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June 22, 2018, 09:25:22 PM
 #257

Since bitcoin price thrive on the economic law of demands and supply whatever has the capacity to affect the demands will leads to crash in price of bitcoin in the market, and news has the capacity to influence the decision of any member of the public which may affect they choice of investment and bitcoin being a volatile assets is highly complicated for some to understand.
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June 22, 2018, 09:29:02 PM
 #258

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?

Yes, people can actually affect the prices of cryptocurrency in the market if they will be creating fud or selling their coin at its lowest price because they are not well knowledgeable about how the market works, anyone can make the price of cryptocurrency to die.

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June 22, 2018, 09:42:51 PM
 #259

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?

Yes, people can actually affect the prices of cryptocurrency in the market if they will be creating fud or selling their coin at its lowest price because they are not well knowledgeable about how the market works, anyone can make the price of cryptocurrency to die.
Of course it can really affect especially if you are the type of person who does panic always when the market price falls down and if you are the type of person who creates noise in the public too and creating negative or fake news which is you are not sure about.
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June 22, 2018, 10:52:52 PM
 #260

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?
Probably it will be the cause but not the main, the main cause of movement in the market is because of the traders and some of the FUD news. But i don't think if someone would likely to sell today by looking at the current price, it is such a huge loss if ever someone bought some crypto except if the price of that token is not affected by this Bitcoin dip.

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