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JohnBitCo
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February 01, 2019, 05:10:37 PM |
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Media can be controlled by money power,I have seen trusted news channel sharing some for fomo news then deleting it.there are big players out there who control majority of market and it is planned game to get them benefit.for normal trader they have to trust famous news channel only for day today update but trader should cross check news authenticity through social media platforms.
There is no official channel which can give us authentic news. Many crypto news website are influenced by the whales as they give good amount to the sites to publish news for their own benefits. The Best way is to check multiple websites and if there is a big news and it is not available in majority of the news channel, it will probably be turned out to be a false news. |
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Ridwan Fauzi
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February 01, 2019, 11:25:08 PM |
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Media can be controlled by money power,I have seen trusted news channel sharing some for fomo news then deleting it.there are big players out there who control majority of market and it is planned game to get them benefit.for normal trader they have to trust famous news channel only for day today update but trader should cross check news authenticity through social media platforms.
Althought that sound like impossible, but with moneu you can buy anything you want. However to pay some media for personal interests is a radiculous things, how much does he have to pay for the media? and I think he has to pay for some media if he wants to get a big profit. This is what makes me not believe in media manipulation, every media has its own obligation to be trusted as a transparent and justifiable media to authenticate an information. A media may lose its readers when it provides invalid information or information that will only benefit some parties and which it pays. |
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bitmedia
Full Member
 Offline
Activity: 291
Merit: 100
BitMedia.IO
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February 04, 2019, 11:16:25 AM |
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XXI century is the era of information. Information causes expectations in society, so it influence on everything - prices, rates, activity etc. News are also used as the way of manipulation people minds - make them buy what they don't need, struggle for things which they have not even thought before... Bankers, investors and businessmen know that and make money  |
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TalkStar
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February 04, 2019, 08:34:00 PM |
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Honestly sometimes fake news influence the whole market. Its because of them who's are not too updated about real news of crypto currency. But nowadays its relatively being solved. Worldwide crypto investors are now carefull enough than before. IMO Every single petson who git crypto in his/her wallet beleive that it will give them a good return.
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bitcoinisbest
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February 07, 2019, 09:27:55 AM |
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Honestly sometimes fake news influence the whole market. Its because of them who's are not too updated about real news of crypto currency. But nowadays its relatively being solved. Worldwide crypto investors are now carefull enough than before. IMO Every single petson who git crypto in his/her wallet beleive that it will give them a good return.
I remember in my country long back government had given a warning as it can lead to scam etc and the news media covered like government has banned the crypto in the country creating the whole chaos everywhere and due to which the prices has slashed as well int he country due to the misinterpretations done by the media. |
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bitzizzix
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February 08, 2019, 12:37:37 PM |
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I think fake news is very influential for those who are new and have no prior experience, so they will feel panic and act wrong which will affect the market.
and I also experienced it, but I learned from experience to find clearer information and find good information to stay calm because good information is not necessarily proven.
so in my opinion fake news or false information greatly influences market developments.
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XFlowZion
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February 09, 2019, 05:07:20 AM |
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Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?
I think for me, fake news is a really big problem before because we don't have internet to search it up and back it up with proofs. If I ever read a ridiculous news, I quickly use google and look the results if there is any truth about it so the lazy people who don't will surely fell for it. |
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Caladonian
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February 09, 2019, 05:18:58 AM |
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Honestly sometimes fake news influence the whole market. Its because of them who's are not too updated about real news of crypto currency. But nowadays its relatively being solved. Worldwide crypto investors are now carefull enough than before. IMO Every single petson who git crypto in his/her wallet beleive that it will give them a good return.
I remember in my country long back government had given a warning as it can lead to scam etc and the news media covered like government has banned the crypto in the country creating the whole chaos everywhere and due to which the prices has slashed as well int he country due to the misinterpretations done by the media. That impacted with people's views with crypto,they misinterpreted the potentials and quickly concludes that this industry will turned into bubles, bad publicity's cause by fake news that spread around, we really need to consider every aspect why news showed up and before taking any conclusions we have to do our own research. The market is full of speculations, believing into something that you are unsure will lead you to a big loses make sure to properly assess and analyze every news that you encountered and never to assume right away. |
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iv4n
Legendary
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Activity: 3136
Merit: 1172
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February 09, 2019, 01:28:43 PM |
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News can move masses, and with masses you never know what will happen in the end. You can read about crowd psychology and you will understand much better what am I talking about here. There are many ways in which the psychology of a crowd differs from psychology of the individuals within it, and how they interact. News effects can be huge, but not all the news are like that. Now you need to read about types of news and what kind of effects this news can have on individuals and masses.
Bottom line is that the mass media, including news outlets and newspapers, have an powerful influence on most people. This peoples actions can do many things, what kind of things will they do depends from event that occurred and how news interpreted that event! It can be a call for something good or something very bad!
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EyeOfHorus
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Activity: 38
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February 09, 2019, 05:53:42 PM |
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I think the influence is big, usually when people see any news about anything most do panic and act accordingly which is not right of course. Same situation when I check news and rumors about my investments, ICOs, etc. as example Dexage (DXG) got listed on Latoken and people who follow this project followed to Latoken platform which also sort of news to attract more investors of course and push the price higher. Well in other hand without the news the any project can't be that vivid.
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Vladdy
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February 09, 2019, 06:57:12 PM |
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Well good words. Honestly I agree in some way there are a lot of triggers that can push the price higher and one of them is news and of course big investments from other investors. I'm watching DXG price as well but they just holding an ICO yet so it probably won't push the price yet but in the future yes! Everything is still at the bottom comparing to last year so it is an opportunity for investment.
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Ezenwanyi1
Copper Member
Jr. Member
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Activity: 308
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Veil
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February 11, 2019, 11:45:52 AM |
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I respectfully disagree with your submission that news doesn't have any effort on the market.
The Cryptocurrency market is one that is a speculative market.
News both good and bad have a way of affecting the market positively or negativily as the case maybe.
I could remember an incident that happened sometime last year, people all of a sudden started peddling news of government shut down of the blockchain.....even though the news was ridiculous, some traders and investors bought it and started dumping hard on the market which affected prices.
So news have effect on the market.
Thanks.
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Thanasis
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February 11, 2019, 04:42:46 PM |
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I respectfully disagree with your submission that news doesn't have any effort on the market.
The Cryptocurrency market is one that is a speculative market.
News both good and bad have a way of affecting the market positively or negativily as the case maybe.
I could remember an incident that happened sometime last year, people all of a sudden started peddling news of government shut down of the blockchain.....even though the news was ridiculous, some traders and investors bought it and started dumping hard on the market which affected prices.
So news have effect on the market.
Thanks.
Anything in this world is happening with the effect of news not only in cryptocurrencies and all you said is right the rumors affects more than the actual news so traders need to research before go for hard dumping. |
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fullhdpixel
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February 11, 2019, 07:28:16 PM |
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I don’t really know how far news can influence the market. But based on what I have seen, I don’t think they influence the market that much. If they really influence the market, then I have seen a lot of news saying that the market price will rise, if that is so, then why haven’t the market begin on a journey to the top ?
So it doesn’t work like that, I think the price will go up anytime it is supposed to go up and same thing whenever it will go down.
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guoyu78
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February 12, 2019, 02:55:51 PM |
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Not all news can influence the market, some news just don’t make any sense. Some people think that they can make the market price go up and down by just saying it, lol, it doesn’t work like that. There are reasonable news that can influence the market, just like when the devs announced about the BCH fork, it made a lot of investors to withdraw their money from the market, causing price to drop a bit. It’s things like that that influence the market, not just any news. I think the price will go up anytime it is supposed to go up and same thing whenever it will go down.
But in long term, we can be sure about having a continuous up trend as bitcoin is having all the potentials to have values in higher ends. Hence, I do always simply ignore all the FUDs about bitcoin markets which helps me to hold my stash without getting unnecessary panic. |
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elisabetheva
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February 12, 2019, 08:01:10 PM |
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No matter how small the news circulating, especially on social media, there will definitely be an impact. although it will be difficult to determine whether the news can be trusted or not, it will still affect the market.
because there are not a few who play with this to make a profit and hard to determine whether the news is true or not. but must always be optimistic that there will be improvements in the future.
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BlueStackz
Legendary
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Activity: 1204
Merit: 1028
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February 13, 2019, 07:19:27 AM |
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I don’t really know how far news can influence the market. But based on what I have seen, I don’t think they influence the market that much. If they really influence the market, then I have seen a lot of news saying that the market price will rise, if that is so, then why haven’t the market begin on a journey to the top ?
So it doesn’t work like that, I think the price will go up anytime it is supposed to go up and same thing whenever it will go down.
But I am too much sure about it that news can always effect the market too much. In fact there always present new and inexperienced investors, who really do not know about the nature of the market, but mostly depend on the news that are wondering in the market. Sometime we there is a bad news about the market they try to secure their position and start selling which in turn effect the whole market and a panic like situation creates in the market. |
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Ezenwanyi1
Copper Member
Jr. Member
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Activity: 308
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Veil
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February 13, 2019, 11:01:20 AM |
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The Cryptocurrency market is one that is speculative.
So therefore, news in what ever firm affects the market either negatively or positively.
If there is a news making the rounds about how China government plans shutting down Cryptocurrency platforms and exchanges even though it may be fake and unconfirmed, you will see investors and traders scampering for safety , dumping their coins hard on the market and causing price instability.
The same withhold news.
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ashraf226
Jr. Member
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Activity: 52
Merit: 1
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February 13, 2019, 12:40:11 PM |
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With this kind of speculative market. Shills and Fuds would mostly give out some effects depending on the impact given on a certain news like regulation/ban or adoptions neither way the entire market would surely react. About on how to find out fake news then its the hardest part because manipulators can give out some news to make the entire market shake-off and execute their plans when it dumps for them to accumulate more. and good smart  http:// |
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faceoff97
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February 21, 2019, 11:15:55 AM |
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It has really big effect on people's perspective about crypto. People tend to not adopt crypto because of the negative news being spread by the mainstream media. It gives people wrong impression of what crypto is really all about. If more positive news will come out, there will be surely big improvement with the system and the price as well. Positive news will cause to grow the number of people in the community which will make crypto even more better.
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