Quote from: rachellee on November 12, 2018, 04:38:46 AM

Quote from: iTradeBit on November 05, 2018, 02:32:36 PM

Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?

Yes, it plays a big role in manipulating the market. Making news, whether fake or truth, is a very powerful tool to influence the direction of the market for a certain time. Through this, they create FUD and FOMO, and people unknowingly ride to it. And it's more effective if it comes from an influential person, a crypto leader per se. So it's wise to weigh out what's the motive behind the person spreading the news or doing the act that is stated in the news.

Even when referring to the manipulation of the market with news, it has always been in a way the whales actually want it to favor them, so it is not really about the news, but basically more of the action of the price actually. We have seen with this bear market, that even with good news, it is very obvious enough that the market is actually not ready for an uptrend yet, so in a way, I really will not be relying too much on news when it comes to the movement of the market.

Most times though, we always know that during bull run, a lot usually end up changing with the news, when it comes to positivity, so I would say in a way, the price actions tend to affect the news and not even the other way round.