I don't agree with you. I believe that people overstate their ability to see the "effects" of developments in markets. Having Bloomberg and CNBC on the trade floor makes you pretty skeptical of "cause and effect" in the markets. "Markets are down 2% today on fears of Europe". Really? The reporters know the collective reason why hundreds of thousands of individuals bought and sold? Even better is when the market ends the day positive following a loss: "Markets are up 1% today on European optimism". Nonsense. I've even seen the Bloomberg terminal spit two news articles in the same day telling me why the markets moved up and down, each just a rephrasing of the same news. It's human tendency to assign a cause to something and when it comes to trying to say why trillions of dollars and hundreds of thousands of people collectively behaved a particular way is just silly. It's human arrogance at its finest: "I know why it happened, I am smart and in control."
I was referring to the events which actually have the potential to move the market. Specifically the cases of bitcoin Reddit or wordpress accepting bitcoin will have a large affect on the user base and transactions over time, not only because of their effect individually, but in this case because it set a precedent for others to follow. I am talking long term fundamentals, not some BS that a TV station tries to cook up to maintain ratings.