Post
Topic
Board Speculation
Re: panic kicking in, sub 200 by friday
by
Shiver
on 08/04/2015, 13:14:52 UTC
Honest question (I'm thinking a lot about this lately): Do you guys think that the outpour of negative and bearish posts here (and other places) really causes the price to go even lower, resulting in cheaper coins for those people?


I think it would have very little effect, and even if it did then more likely the opposite of what you're querying.  Crowd herding doesn't fulfill the requirements of Crowd Intelligence, since in this instance the same information is available to all, and people are comparing notes.  If it were a blind poll of a diverse group of peoples skills/lack of, with requisite variety, then perhaps you could aggregate the results and find some meaning, but not like this.  It takes most people to be wrong for a few to be very successful.