Quote from: Kemarit on March 23, 2018, 03:37:09 PM

Quote from: Snarks on March 23, 2018, 12:21:02 AM

The Facebook scandal opened people's eyes on how they're being manipulated.

The news is dominated currently by Cambridge Analytica, the data company that helped propel Donald Trump into the White House. It is in hot water this week, following reports that it harvested information from 50 million Facebook users without their consent.

You can see how they went about their business in this video:

https://www.youtube.com/watch?v=mpbeOCKZFfQ

"The two fundamental human drivers when it comes to taking information onboard effectively are hopes and fears, and many of those are unspoken and even unconscious. You didnt know that was a fear until you saw something that just evoked that reaction from you. And our job is to get, is to drop the bucket further down the well than anybody else, to understand what are those really deep-seated underlying fears, concerns. Its no good fighting an election campaign on the facts, because actually its all about emotion."

Could it be possible that the same kind of analytics and manipulations are called in by banks and/or governments to FUD cryptocurrencies?

I don't think that you have to even go that further if governments or banks really wanted to spread FUD about cryptocurrencies in the social medias. Just a simple 1 article can really put a lot of pressure on the investors and the market as well. And it some other social media publisher or author will just spin the news around for clickbait, I'm sure that it will have a domino effect putting a dent on the market price. So we don't need analytics here, its not rocket science. Try to test it yourself, just post negative or fake news in your social media account and I'm sure that it will draw a lot of attention and can bring a lot of negative sentiments to emotional traders.

But my dear friend, audience these days is not as stupid as you think!! They use their own minds and brains, then come at some conclusion. If not all then I would say more than 50% of the people would try to analyze the situation then would come at a rational decision!!

It's not only about the social media that you've been emphasizing, there are hell lot of other methods to grab attention of people. But yes, nothing is as reliable n faster as social media is!! But manipulating people is not that easy these days. It requires a great deal of thought and effort to make people believe certain matter!