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Author Topic: Can human stupidity affect the movement of the market?  (Read 22321 times)
patarfweefwee
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July 09, 2018, 10:02:18 AM
 #361

For one thing, the market itself is heavily dependent on people selling and buying token for themselves. As we all know, the major factor in the price of virtual currency is the suppky in the market. Gullible people who are easily manipulated by news of a down fall would immediately sell their holdings thereby weakening the price even more.

kisscoin
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July 09, 2018, 11:40:51 AM
 #362

Affect and very strongly. News, especially economic news, is the main driving force on the stock exchange. People watch the news and make decisions based on it. Although the news can be thrown out by the media specifically to create an artificial movement in the market..  Cool
jordankoa30
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July 09, 2018, 12:18:25 PM
 #363

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?
It will greatly affect the Crypto market. Because the news always affect the psychology of investors. It will scare them off and sell off their currencies and make the market go down. Besides that, good news will make many investors excited and buy a lot of altcoins and it will make the market capitalization go up.
talenah kotang
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July 09, 2018, 12:39:40 PM
 #364

It clearly affects the crypto market because it will cause panic against the holders of assets and public confidence about crypto.
win365
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July 09, 2018, 01:30:25 PM
 #365

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 we will consider panic selling and panic buying as stupidness, then it will be obvious that those two things are drastically infecting the market causing it to fail or to fly. So yeah this market is controlled by people.

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Chupacabras
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July 09, 2018, 03:10:23 PM
 #366

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?
Since the percentage of stupid people on this market is not too high, because cryptocurrencies are not for the stupid people but for the wise. I can say with confidence that humans stupidness are not one of the main factors that affect the price.
imking
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July 09, 2018, 03:19:57 PM
 #367

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?
As you notice some of the news or even an article is not accurate because of it the mind of the people doesn’t have enough knowledge about crypto are afraid to join on the world of crypto. If their no new person adopts or joins the crypto, there is some tendency that might affect the movement of the market. In short Human Stupidity can change it because the report and article are being created by the human.
jonatuzc
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July 10, 2018, 09:23:53 AM
 #368

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?
Bad Press can affect the market cause we all mostly relying on the media to get news on what happens next in bitcoin. So whenever any of these medias states that something bad is going to happen, you will see the market acting accordingly, everyone will start withdrawing their money.

But one thing you should always have in mind is never to rely on one source for getting news online cause they will usually disappoint you. So stick to many of them so you don’t make mistake and sometimes all these bad Press are being sponsored by the whales just to create an opportunity for them to buy in at cheaper rate.
buternasek
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July 10, 2018, 09:32:03 AM
 #369

Human stupidity is major reason for any market movement lol Grin
yes, and I think the media has a very important role to the growth of the market.
when the media issue a negative statement, then the ignorant will be provoked and follow it.
fernandoclause
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July 10, 2018, 09:41:52 AM
 #370

maybe true and maybe not,
but, those who are lucky, get the best when in the market,
stay alert when in the market, because something will happen, without any notice
CarnagexD
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July 10, 2018, 09:42:00 AM
 #371

Unfortunately, many investors and members of Btt want to easily and simply make money by investing, making a decision based on the news of the media. In fact, the right decisions must be made by the mind, or rather, you need to think and analyze the available information before investing your money in profit.

Human stupidity affects the crypto market? I feel sorry to all the stupid people enter in this forum or on investment in trading market, in my opinion human stupidity does not affects the price movement on the trading market, even with the huge investment in the market it will never affect the market structure. Yes, a lot of indicators that affect the price value of one coin in the market, like the issues on Banned, Scammer, Hacking, and the never ending issue on Regulation by government financial institution whom critical on crypto currency investment but never the stupidity of someone that would affects the movement on the market.

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TheClownSong
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July 10, 2018, 12:11:31 PM
 #372

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 is most affecting on bitcoin price movement in market. When negatives news comes, most investor panic and selling their bitcoin and affecting on bitcoin price. Its always happen. Its very important thing not too panic with negatives news on market because we can loss on our capital
regnidorhcs
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July 10, 2018, 01:04:27 PM
 #373

News can has a great effects on the crypto currency market activity because it is directly proportional to the interest of the people, the interest of the people is what dictates the demand, especially for Bitcoin that has very limited supply, the activity of the market is based on the demand of the people, hence it value goes up when there is a demand and goes down when the demand is decreasing.

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July 10, 2018, 01:22:58 PM
 #374

For me, it's a big yes because this political person, economic and social news can give a massive effect on bitcoins or cryptocurrencies value. If you are a trader, investor you must be updated because this news is your guide if you will buy, sell or hold your cryptocurrency. Information is the essential key in this world, especially that cryptocurrencies price fluctuates too much. If some big company says that they will accept this crypto for sure, its rate will rapidly increase but if these cryptos get ban by some country or some influential person says something negative about its crypto for sure its value will also drop.    Smiley
Toden1379
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July 10, 2018, 01:53:05 PM
 #375

People today are more drawn to what other people think. And social media amplifies this effect. It only takes one person to have an idea and like-mindedness follows. It's the same with cryptocurrency. Most of the time, FUD in crypto makes people jumpy and sell their coins.

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crypki21
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July 10, 2018, 02:09:01 PM
 #376

Sure it can. As rates on exchanges are mainly supposed to depend on the supply and demand, simple human behavior can massively affect the price of the coins
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July 10, 2018, 02:32:39 PM
 #377

Human stupidity is major reason for any market movement lol Grin
yes, and I think the media has a very important role to the growth of the market.
when the media issue a negative statement, then the ignorant will be provoked and follow it.
Many people invest in the cryptocurrency market that they really do not understand about it as well as financial investments so the bad news affects a lot of their psychology and it directly causes the bad market more. I think if you want to succeed in this market then knowledge is very important that any investor should equip themselves.
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July 10, 2018, 03:51:00 PM
 #378

Affect and very strongly. News, especially economic news, is the main driving force on the stock exchange. People watch the news and make decisions based on it. Although the news can be thrown out by the media specifically to create an artificial movement in the market..  Cool

And some these media is owned by whales who owned big volumes of cryptos. It's kind of spreading FUD so people with a very weak faith will eventually sell off their crypto assets. In that way, whales don't need to sell their cryptos anymore just to see the cryptomarket bleeds.

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July 10, 2018, 04:03:40 PM
 #379

Human stupidity is major reason for any market movement lol Grin
yes, and I think the media has a very important role to the growth of the market.
when the media issue a negative statement, then the ignorant will be provoked and follow it.
Many people invest in the cryptocurrency market that they really do not understand about it as well as financial investments so the bad news affects a lot of their psychology and it directly causes the bad market more. I think if you want to succeed in this market then knowledge is very important that any investor should equip themselves.


Santosh cryptocurrency saree fall due to the mistakes created from the people so my opinion is if we are perfect then nothing will be there by Java investment and other cryptocurrencies too.

hatsoff2btc
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July 11, 2018, 06:50:07 AM
 #380

with technological developments, news can now spread quickly through social media and the internet. This can affect many people, especially if the spread is bad news that is uncertain. it will make people FOMO, and act run away to think that they will be safe.
But no one would be ignoring market any cost. Definitely when a person has invested or traded in bitcoins or any other coin, they would be conscious about the results. And surely they must be because they have traded with their hard earned money. What you would do if you were at this place? Don’t you see the market or you just ignore this? This will run like it always and no regrets.
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