Quote from: TheClownSong on September 22, 2018, 01:03:49 PM

Quote from: PalindromemordnilaP on July 10, 2018, 03:51:00 PM

Quote from: kisscoin on July 09, 2018, 11:40:51 AM

Affect and very strongly. News, especially economic news, is the main driving force on the stock exchange. People watch the news and make decisions based on it. Although the news can be thrown out by the media specifically to create an artificial movement in the market.. Cool

And some these media is owned by whales who owned big volumes of cryptos. It's kind of spreading FUD so people with a very weak faith will eventually sell off their crypto assets. In that way, whales don't need to sell their cryptos anymore just to see the cryptomarket bleeds.

I am agree with this statement. Sometimes, whales have strong connection with media and they asking media to spread negatives news on market. People with weak finger will panic and its very dangerous thing in any market. Panic investor will bring market crash and the price become unreasonable

ignorance of traders or investors will bring market to a collapse. News media is very effective to influence one's thinking, by moving news pope can freely drive the market according to their wishes