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BTCisthefuture
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February 07, 2014, 02:03:43 AM |
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News affects the prices of anything people speculate on. When speculating on something the most common thing you have to go on is news or potential news thats coming out.
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hellscabane
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Activity: 896
Merit: 1000
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February 07, 2014, 03:20:14 AM |
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Media affects price because it is one of the few things that reaches a broad audience. And humans, as much as we try, are psychological by nature. That being said, I still think there are some fundamentals other than news/media that drive price, but it acts more as a stabilizing factor rather than a driving force with price.
Do have to say, the issues with Mt. Gox have also affected price too (that's why there is a much smaller spread between it and the other major exchanges). Apple is powerful, but I don't think it was the only thing that caused this price swing; after all, just yesterday the Gox price shrank quickly driving the other exchanges down a little too.
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Sebastien256
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February 07, 2014, 03:44:46 AM |
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Apple is powerful, but I don't think it was the only thing that caused this price swing; after all, just yesterday the Gox price shrank quickly driving the other exchanges down a little too.
there is the russia news... http://rt.com/business/bitcoin-russia-use-ban-942/ |
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glendall
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Merit: 1018
Next Generation Web3 Casino
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February 07, 2014, 04:39:35 AM |
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Because, the media is the powerful method of sculpting public opinion.
That's why its power was recognized in American governance as the 4th estate, the fourth branch of government behind the legislative, executive and judiciary, and given protections as such.
You have to control the discussion, otherwise people get other ideas.
Like how in America there are only 2 political parties that are not much different. If you set up the discussion in framing of only these two parties with no talk to any other of the other 1000s of political positions, then you have effectively removed any other political consideration out of the predominant political discourse for the nation.
Looks at the owners of the media conglomerates in any given country. You'd be hard pressed to find any of them that were not directly involved in governance as well, with enough political interaction to improve their positions and further their greed and power.
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jubalix
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Activity: 2618
Merit: 1022
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February 07, 2014, 04:42:15 AM |
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media affects minds, that sell me cheap coins and then buy from me expensive coins.
thank you media, thank you media affected minds.
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LittleD (OP)
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February 07, 2014, 04:51:45 AM |
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media affects minds, that sell me cheap coins and then buy from me expensive coins.
thank you media, thank you media affected minds.
Yes but if goes back Down to $100 it will affecte Ur pocket and everyone's toooooo:!( |
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LittleD (OP)
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February 07, 2014, 05:15:27 AM |
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Guys here's apples CEO EMAIL tcook@apple.com PLEASE feel free to email and support blockchain:) Here's my email to the CEO:) ""Hi, I've been a long time supporter of Apple, from the first iPhone  I still have the first iphone lol When people didn't believe in the iPhone I thought this people don't see where technology is going. I have always thought Apple was a supporter of future technology, bitcoin is the future and if you don't support the future and block any thing that's to do with Bitcoin your company will cease from being the number ONE innovative tech company in the world I love Apple but if your company Stops believing in the future (bitcoin) than I guess I will have to give up my iPhone for a Android phone or something:!) Please reconsider your decision concerning blockchain:!) "" Thank you Apple tcook@apple.comSent from iPhone |
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keithers
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This is the land of wolves now & you're not a wolf
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February 07, 2014, 06:54:31 AM |
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Guys here's apples CEO EMAIL tcook@apple.com PLEASE feel free to email and support blockchain:) Here's my email to the CEO:) ""Hi, I've been a long time supporter of Apple, from the first iPhone I still have the first iphone lol When people didn't believe in the iPhone I thought this people don't see where technology is going. I have always thought Apple was a supporter of future technology, bitcoin is the future and if you don't support the future and block any thing that's to do with Bitcoin your company will cease from being the number ONE innovative tech company in the world I love Apple but if your company Stops believing in the future (bitcoin) than I guess I will have to give up my iPhone for a Android phone or something:!) Please reconsider your decision concerning blockchain:!) "" Thank you Apple tcook@apple.comSent from iPhone Let us all know if you get a response on that one. I remember back in the day when steve jobs would randomly reply to emails sent from customers. |
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franky1
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February 07, 2014, 07:04:13 AM |
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short answer to the first post
because 99% of people are sheep and at the slightest soundwave to shock them, they want to run. i personally dont eat grass and run at the slightest soundwave to shock me. and those that do panic over such things really need to look at themselves and work out, if they are this sheepish and fearful, is this high risk high reward new form of payment something they should really be investing in? as it seems their nerves can't handle it.
it seems those that live in fear should not be walking in a field of landmines. i personally love walking in fields of landmines. but thats because i know the true signs to look out for and ignore the false ones made to trick you into changing your direction.
and for those that are of a nervous disposition that still feel that bitcoin is for them. DO NOT invest such an amount to affect your nerves.
EG do not put your whole salary each week into bitcoin. but if you usually waste $90 a week on alcohol, fast food (items that end up down your toilet within 6-9 hours after purchasing) then waste that amount, and that amount only on bitcoin.
that way you will believe it to be your "disposable" income and not your living expense, and as such will not panic as much at the slightest bit of news.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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franky1
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February 07, 2014, 07:14:59 AM |
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i laugh at media stories. and their over dramatisation of the facts
EG "apple declares war on bitcoin"
........... no apple did not make a statement that they would track and kill any bitcoin users. they simply took it off of their website. this is not war, this is prohibition..
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Sonny
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February 07, 2014, 08:17:14 AM |
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short answer to the first post
because 99% of people are sheep and at the slightest soundwave to shock them, they want to run. i personally dont eat grass and run at the slightest soundwave to shock me. and those that do panic over such things really need to look at themselves and work out, if they are this sheepish and fearful, is this high risk high reward new form of payment something they should really be investing in? as it seems their nerves can't handle it.
it seems those that live in fear should not be walking in a field of landmines. i personally love walking in fields of landmines. but thats because i know the true signs to look out for and ignore the false ones made to trick you into changing your direction.
and for those that are of a nervous disposition that still feel that bitcoin is for them. DO NOT invest such an amount to affect your nerves.
EG do not put your whole salary each week into bitcoin. but if you usually waste $90 a week on alcohol, fast food (items that end up down your toilet within 6-9 hours after purchasing) then waste that amount, and that amount only on bitcoin.
that way you will believe it to be your "disposable" income and not your living expense, and as such will not panic as much at the slightest bit of news.
Well said. Some people change their decision very easily after reading an article or forum post... |
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hellscabane
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February 07, 2014, 03:01:15 PM |
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Apple is powerful, but I don't think it was the only thing that caused this price swing; after all, just yesterday the Gox price shrank quickly driving the other exchanges down a little too.
there is the russia news... http://rt.com/business/bitcoin-russia-use-ban-942/Yeah, that state ban, and I think there was one more story. It was like four negative stories in a matter of less than two days. Those kinds of things will definitely drive down price. Because it's all about perception. |
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tsoPANos
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February 07, 2014, 03:04:54 PM |
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media controlls btc price because governments controll bitcoin
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keithers
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This is the land of wolves now & you're not a wolf
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February 07, 2014, 03:52:21 PM |
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The media has a large influence on anything speculative where the value is based heavily on public perception (which is shaped by media). For instance if all news outlets said at the same time that it was imperative that everyone buy at least 1 btc immediately, the value would sky rocket.
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Lauda
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Terminated.
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February 07, 2014, 04:11:46 PM |
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Why? Because we have a high percentage of 'sheep' in our population.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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coins101
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February 07, 2014, 04:39:32 PM |
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Why? Because we have a high percentage of 'sheep' in our population.
BTC is trending up....do what I'm doing, fill your boots while you can.  |
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Bitware
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February 07, 2014, 05:37:44 PM |
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Could not answer the poll because of limited choices, but my answer is;
Media has so much control over Bitcoin price because people are excitable, fearful, riotous, irrational, uncertain and doubtful. Some may also say stupid.
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BADecker
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February 07, 2014, 06:52:42 PM |
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The exchanges are media. So is Bitcointalk.org. Even the Bitcoin blockchain is media. They all induce us to either trade for Bitcoin, or to trade Bitcoin for other things. Usually there isn't just one soldier in a war. Usually there are lots of soldiers working together. Lots of times the efforts of a single soldier mean very little. Yet, without all those "single soldiers" nothing would get done. Do you want bitcoin to flourish? Become the media. Remain the media. Become the soldier. Remain the soldier. USE BITCOIN. |
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Poll
