Quote from: smooth on October 07, 2014, 05:31:13 AM

Quote from: TheFascistMind on October 07, 2014, 05:16:19 AM

One truth about the inertia of groupthink, is that the participants can't even admit they are subject to it:

How convenient!

What about non-participants with zero access to the relevant facts, experiences, and decision making process?

Hey, I have a cool idea. Let's trade pop-psych wikipeida links. Here's one:

http://en.wikipedia.org/wiki/Overconfidence_effect

and a bonus!

http://en.wikipedia.org/wiki/Confirmation_bias

The mistake you make is thinking (and with extreme misplaced confidence) that you understand the actual dynamics, when you don't.

i found more information at the following two links than i did in the last 100 pages if you two guys babbling on..

www.ratemypoo.com
http://meatspin.com

oh and didn't you hear ?
Wikipedia is not 100% accurate at all times there for using it as a reference is not possible..
The same argument is commonly applied to Coindesk.. they are biased so all their news is....