Post
Topic
Board Bitcoin Discussion
Re: This strategy is mostly used for price manipulation
by
matchi2011
on 07/09/2018, 15:44:29 UTC
99% of the things you read from news sites is not written to manipulate! they are publishing those articles to get clicks and earn money from those clicks. they don't care even if bitcoin dropped to 0 or went to $1 trillion. in both cases their source of income is from those clicks aka the traffic they get.

with that said when the community is desperate for seeing positive news to justify the rise that we are having they start publishing positive news and quote people who said "bitcoin to the moon". and when the community mood is otherwise they start quoting those who said "bitcoin is gonna die".
it is more like moving with the wind rather than wanting to cause the wind!

I actually agree with you. I learned that medias doesn't really care much about anything as long as they get those views and those money from the outside. They attack all sorts of personalities, companies, and even this cryptocurrency to get in touch with the trend and get those money flowing. Although the rumors of whales paying medias to spread bias news is kind of plausible, news that is trending for clicks is still believable to me.
They don't have any business with any results that they have done, as long as they've got the paychecks then they are good to go, those news who making people to act like crazy are really making impacts inside this industry as we are keep looking for some reason why movements goes to particular side and why things needs to be like that, influence build inside investors minds that if there's some strange movement they needed to know what are those factors that affecting and they always base things from news.