Post
Topic
Board Speculation
Re: panic kicking in, sub 200 by friday
by
ensurance982
on 09/04/2015, 13:41:06 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.

Well I think it could actually be possible to cause panic or a feeling of uneasiness in people. I, myself, feel pretty uneasy when I read about long-term members raising scepticism. I haven't acted on this in ages, but I think it is possible to cause a panic. I remain sceptical about the practical usefulness of this, though.
Well, this user's intention seems to be to spread fud and panic, i just checked his previous posts and i suggest you to do the same...
You will sure also notice that ignore button under his name then Wink

Yeah, but there's a difference between continuing to spread FUD and voicing honest concerns and reasonable doubts about the Bitcoin ecosystem/technology in general.
Did you do what i did or are you just assuming cuz of this post? I checked few pages of his posts and there were no positive posts about bitcoin, only the negative ones.
Some people are even paid for doing this Wink

Well, I wasn't only talking about his posts... I was merely implying that there are other people who voice critical concerns about Bitcoin, but they base their criticism on facts and intelligently phrase their concerns. (And they still accept other peoples' opinions!)