Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on February 06, 2019, 03:25:11 AM
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Of course, human stupidity can influence the movement of the market. Due to the decentralized nature of crypto, no single institution or body own absolute control over the market. The movement of the market is largely influenced by the cumulative activities of crypto users on the market. This is why when a fake bad news hit the market and cause FUD, the market goes down because the weak hands begin to sell off the valuable coins at cheap prices.
Let us refrain from all these negativities because the market is for us and not for any single body.
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I agree with you because that's the fact that has happened to date. Big players control the market and small players follow it. That is what happened today.
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Yes when majority of the crypto enthusiast speaks negative through the forums and spread negativity it can huge damage to crypto investors or crypto market because due to this many investors sell their valuable coins in panic and it can be avoided when crypto community will be serious about the crypto market. Together crypto community can create a positive environment but it can be possible only when every member of the community would be serious for the growth of crypto market.
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Couldn't agree more... human stupidity is not helping crypto to move forward... people are just too greedy and impacient and instead of moving the market at a hodling pace, earning some profits, they just want to follow a few graph readers that call themselves seers and dump all the way down...
Can't people see that these graph readers are just looking to the drawings the market makers want to do?
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Yes when majority of the crypto enthusiast speaks negative through the forums and spread negativity it can huge damage to crypto investors or crypto market because due to this many investors sell their valuable coins in panic and it can be avoided when crypto community will be serious about the crypto market. Together crypto community can create a positive environment but it can be possible only when every member of the community would be serious for the growth of crypto market.
That's why there is an old tip for stock market investors, that apply to cryptocurrency too. "Buy, when blood is flooding the streets". Of course, they are not talking about dead people, they are talking about the time when everybody is running away in panic.
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It seems to me that in order to influence the market, there must be some kind of mass movement in order for the impact on the market to be large, in other cases you must have large funds!
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You cannot expect everyone to be "thinking" traders. Pros will always take advantage of noobs early mistakes.
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It seems to me that in order to influence the market, there must be some kind of mass movement in order for the impact on the market to be large, in other cases you must have large funds!
Waiting for a sudden mass movement and acceptance of cryptocurrency seems like a chase for the Holy Grail. It must begin from the scratch and with the effort of the limited number of users of crypto as compared to the entire population of the world, cryptocurrency can reach out to these people through the introduction of tangible projects which have already gained roots and have a real time usage in our daily lives such as the health related projects, projects related to banking and credit cards, AI projects etc.
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The market condition is very difficult but Forum members get for cryptocurrency. Market process different network always looking influence over. It related banking system for everyone.
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The market condition is very difficult but Forum members get for cryptocurrency. Market process different network always looking influence over. It related banking system for everyone.
Exactly. We know the cryptocurrency is the future of payments. If we did not believe this, we have nothing to do here. We are here, because we love cryptocurrency, and we think it will be here forever. Market prices have to do with fiat currency system, that will be relevant to this, for a decade or two. Then cryptocurrency, will be the norm. Fasten seat belt, and enjoy the ride.
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Well said.
A lot of retail investors often blame these "whales" for manipulating the market. That may be true to some extent but it is still these retail investors who choose to get caught in these pumps and dumps scheme that's responsible for major market movements.
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you make me even more confident about holding back the coins I have held for a long time, some exchanges show a downward movement and the crypto market weakens because some people have sold coins cheaply, they are afraid of losing money and everyone I think has the same thing, that is, they don't want , all decisions are on everyone and until now I will wait and remain confident that cryptocurrency will be accepted and will be part of modern transactions in the world
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I have come across only positive feedback and thinking on this stupidity influence the market. Every investors Belem these cause human carry on
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Human stupidity when it come to cryptocurrency is the result of extreme pumps and dumps. Others call it FOMOs and panic sells.
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Many kinds of stupidity on crypto market. In my opinion, the biggest one is pump-dump, it makes market very unstable and hard to recover till now. And the others are panicking selling and trading coins without sufficient knowledge.
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Yes. The stupidity can influence crypto market. I know two stupidities. They are the price dumpers and people who spread out FUDs. I think they are the big factors to make prices to go down.
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Of course , human stupidity in the area of peddling fake and unfounded rumours and dumping coins at a miserable low price have a way of influencing the market negatively.
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Sometimes, human stupidity makes crypto prices go down. The panicking sellers potentially trade their coins with too cheap prices. With this action, certain coins can be influenced to decline. I have seen some cases of panicking selling, it is so bad.
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Well, I think so. The stupidity will really influence the crypto market.
First, it is about stupidity only following the fud, hype, and fomo. then, the stupid decision to pick the coins and then panic to sell the coins when dumped. And still many more stupidity does.
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The crypto market shows a decline from 2018 and if we look at Crypto's market capitalization, investor interest has dropped when Bitcoin fell to $6k. Many miners closed and sold everything. But if we look ahead, I'm sure in 2021 prices crypto will increase because there will be many countries that use crypto for transaction.
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I couldn't find the stupidity in your sentences. Seeing bad news about something is very common and people panicking is also a part of human nature so where exactly did the stupidity come in?
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I couldn't find the stupidity in your sentences. Seeing bad news about something is very common and people panicking is also a part of human nature so where exactly did the stupidity come in?
I guess the stupidity is on the panicking selling or dumping prices. Those are two fool things that people do in current market conditions. Those make crypto prices become worse and investors stay away from the market.
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When the stupidity grows bigger in crypto, of course, it will only give negative influence. Well, without knowledge, some people may only follow the hype. And with stupidity, they will also keep doing bad activities that make the crypto market dumped again and again.
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The stupidity of people does not affect the market, but a small one + for those who make money on stupid people. No, smart people make the market and we should try to think like them.
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Nowadays people become more and more stupid. And well-known fact is that it can be the reason for market moves. But such people as traders exist thanks to cryptocurrency volatility. And trading can be automated to decrease the human factor influence. Unfortunately, yes, there are a lot of problems connected to trading, if the speech is about this factor. Sometimes even adequate people are looking for the place where they can get easy income. Surely, such software can help them in this task. The main thing is to use it responsibly and to know the details of application. Just think first and then do.
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The stupidity of people does not affect the market, but a small one + for those who make money on stupid people. No, smart people make the market and we should try to think like them.
Yes, Smart people are the whales, and stupid people are like the small fish. The whales, make the market move, and the rest follow.
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the big players or big investors is root cause of the market movement,the can control the price to their own benefits . the creative minds spread and spreading unfounded rumors to create negative to crypto community. here the stupidity comes up,without sufficient knowledge they become panics selling that worse tj market movement.
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The crypto market has given us a good trading experience. We can find better coins when we have been trading for a long time. Choosing good koi is not difficult, but trading without panic makes us foolish when we see teen markets being bearish
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Of course, human stupidity can influence the movement of the market. Due to the decentralized nature of crypto, no single institution or body own absolute control over the market. The movement of the market is largely influenced by the cumulative activities of crypto users on the market. This is why when a fake bad news hit the market and cause FUD, the market goes down because the weak hands begin to sell off the valuable coins at cheap prices.
Let us refrain from all these negativities because the market is for us and not for any single body.
You know, I am trying to comprehend the exact point or reasons of your post. I just need to know why you created this topic because selling off out of panic is not stupidity
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Let's not forget the Elon Musk's April Fools Day joke :-\
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it is true that our ignorance greatly influences market prices if we often panic or sell panic, and that greatly affects market price movements.
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Too often communicate and try to explain it to them. By helping other participants, you help yourself in the future.
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just like the owner of tron can tweet a discouraging tweet and the market reacted to it. well, one man food is another man poision. if we make mistakes to influence the market, someone will definitely profit from it while many people will loose out. Not a good idea to make such move.
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There is not even stupidity, but a fear of losing everything is ruled by man. We are not afraid of stupidity, but because we are just people.
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The most stupidity that can influence the market is stupidity in deciding the decision that leads the market to be very dropped. It can be because of a panic decision and also hurried the decision. I think it is also as the influence of our stupidity, in which we don't want to learn more about how the market of crypto work exactly.
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Well, most of the time, it's stupid coming from newbies. Pros don't particularly want glasnost and less verbiage.
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There is not even stupidity, but a fear of losing everything is ruled by man. We are not afraid of stupidity, but because we are just people.
Stupidity, is natural for any human being. It just needs time and effort, to gain knowledge, to fight our stupidity, and become less stupid than before.
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it is true that our ignorance greatly influences market prices if we often panic or sell panic, and that greatly affects market price movements.
You are absolutely right, in doing trade, we really have to be able to guard our hearts from panic, so that we don't get caught or suffer losses
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Actually the stupidity of one person, is an advantage to a wise trader. As you can see in your statement, when there is fud ofcourse people will sell their bags and if a wise trader purchase it at a low price, he can make more money when the price goes up.
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Previously, of course, due to various negative news, the cryptocurrency market was very dependent and when bad news appeared about the cryptocurrency sphere, then the cryptocurrency market immediately began to fall, but I don’t notice it now.
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Actually the stupidity of one person, is an advantage to a wise trader. As you can see in your statement, when there is fud ofcourse people will sell their bags and if a wise trader purchase it at a low price, he can make more money when the price goes up.
Yes that's true, with wise thinking will bring good luck, because there will certainly be many people who sell assets because of FUD
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Stupidity can indeed affect the market, with emotional unstable it will make it easier for someone to panic with bad news, and with an excessive panic will make people sell low.
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Stupidity can indeed affect the market, with emotional unstable it will make it easier for someone to panic with bad news, and with an excessive panic will make people sell low.
That's the fact, you are right. Panicking people can contribute to making bad prices on the market. When they sell at very low prices, the market looks dropping coin prices. Moreover, if there are many panicking people, the rates will be dumped to lower prices temporary.
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Of course, stupidity may only lead us to follow other people decisions and investment. We won't learn from many sources, won't learn the new updates of the crypto world and other things. Ignore all stupidity, especially the panic decision, only following hype, and also very short analysis investment.
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Of course, stupidity may only lead us to follow other people decisions and investment. We won't learn from many sources, won't learn the new updates of the crypto world and other things. Ignore all stupidity, especially the panic decision, only following hype, and also very short analysis investment.
I have the same response as you, by looking at new projects that continue to emerge, I think I want to always invest in all projects, but we must always be aware of negative information that can reduce prices because many parties want to set prices and have more crypto. like government and banks.
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It may be that our understanding of crypto markets can affect market development, because if everyone cannot carry out every correct procedure and condition in trading, then the market and development of a coin will be hampered and run in place.
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the market really depends on the members, because we know for ourselves that there is no third party in cryptocurrency, and we all have control.
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Stupidity only influences newbies, they are those that spreads anything they want for their benefits, like fud, hype, or anything related to market, and we shall not follow anyone without our own opinions
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Usually the news people react, with a small number of coins and the Bank. You just have to wait for confirmation from reliable sources.