Trending
More
SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5751.07
+51.13
+ 0.90%
5753.21
5702.83
18137.84
+219.36
+ 1.22%
18145.28
17952.30
42352.76
+341.16
+ 0.81%
42361.38
41972.11
102.290
+0.600
+ 0.59%
102.410
101.540
1.09715
-0.00560
-0.51%
1.10390
1.09507
1.31233
+0.00014
+ 0.01%
1.31742
1.30691
2653.49
-2.29
-0.09%
2670.04
2631.98
74.038
+0.681
+ 0.93%
75.109
73.137
All
Recommend
Featured News
Stocks
Cryptocurrencies
Central Banks
More
Top News Only
Share

【CryptoQuant Founder: Social Media's Impact On Financial Markets Will Continue To Grow, Bitcoin Is A Typical Example】 On October 5, CryptoQuant Founder Ki Young Ju Posted On Social Media That "Since The Invention Of The Internet, The Impact Of Social Media On Financial Markets Has Become Increasingly Religious. Elon Musk's Tesla, Satoshi Nakamoto's Bitcoin, And Various Crypto Communities Are Typical Examples.The Role Of Religious "prophet" Plays A Vital Role In Driving Asset Prices Up. Prophets Endlessly Expand Their Thinking About The Future And Are Often Considered To Have Reached A State Of Enlightenment, And This Perceived Enlightenment Produces Blind Faith. This Belief Leads To The Formation Of Religious Communities That Share The Same Beliefs. The Stronger The Faith Of Followers Within The Community, The More The Asset Is Considered Legitimate, Even If It Does Not Bring Profits Or Create Social Value. This Is An Amazing Phenomenon.Investors Must Now Pay Attention To The Impact Of Social Media On Investment Decisions. When Evaluating A Listed Company Or Token Project, It Is Necessary To Consider Whether There Is An Influential "prophet" On Social Media And How Strong The Faith Of Its Followers Is. Companies Are Rushing Into Social Media, Trying To Form Religious Communities Full Of Blind Faith. However, Not Everyone Can Become A Prophet. Most Fail To Attract Followers. Especially In The Crypto Space, If Internal Efforts To Expand Influence Fail, They May Hire Opinion Leaders (KOLs) Externally To Create False Beliefs. Only Very Few Projects Have Succeeded In This Regard. The Influence Of Social Media On Financial Markets Will Continue To Grow. Since Communities Are Made Up Of People, This Religious Color Will Also Deepen. I Believe That Understanding How Religion Works Will Help Understand The Future Of Financial Markets. ”

TIME
ACT
FCST
PREV
U.S. Non-Defense Capital Durable Goods Orders Revised MoM (Excl. Aircraft) (SA) (Aug)

A:--

F: --

P: --
U.S. EIA Weekly Natural Gas Stocks

A:--

F: --

P: --

Saudi Arabia Crude Oil Production

A:--

F: --

P: --

U.S. Weekly Treasuries Held by Foreign Central Banks

A:--

F: --

P: --

Australia House Loan Permits MoM (SA) (Aug)

A:--

F: --

P: --

India IHS Markit Composite PMI (Sept)

A:--

F: --

P: --

India IHS Markit Services PMI (Sept)

A:--

F: --

P: --

France Industrial Output MoM (SA) (Aug)

A:--

F: --

P: --
Italy IHS Markit Construction PMI (Sept)

A:--

F: --

P: --

Euro Zone IHS Markit Construction PMI (Sept)

A:--

F: --

P: --

Germany IHS Markit Construction PMI (SA) (Sept)

A:--

F: --

P: --

U.K. Markit/CIPS Construction PMI (Sept)

A:--

F: --

P: --

Italy Retail Sales MoM (SA) (Aug)

A:--

F: --

P: --

Canada Leading Index MoM (Sept)

A:--

F: --

P: --
India Deposit Gowth YoY

A:--

F: --

P: --

Mexico Unemployment Rate (Not SA) (Aug)

A:--

F: --

P: --

U.S. Non-Farm Payrolls (SA) (Sept)

A:--

F: --

P: --
U.S. Unemployment Rate (SA) (Sept)

A:--

F: --

P: --

U.S. Average Hourly Wage MoM (SA) (Sept)

A:--

F: --

P: --
U.S. Average Hourly Wage YoY (Sept)

A:--

F: --

P: --
U.S. Manufacturing Employment (SA) (Sept)

A:--

F: --

P: --
U.S. U6 Unemployment Rate (SA) (Sept)

A:--

F: --

P: --

U.S. Average Weekly Working Hours (SA) (Sept)

A:--

F: --

P: --

U.S. Labor Force Participation Rate (SA) (Sept)

A:--

F: --

P: --

U.S. Private Non-Farm Payrolls (SA) (Sept)

A:--

F: --

P: --
U.S. Government Employment (Sept)

A:--

F: --

P: --

Canada Ivey PMI (Not SA) (Sept)

A:--

F: --

P: --

Canada Ivey PMI (SA) (Sept)

A:--

F: --

P: --

U.S. Weekly Total Rig Count

A:--

F: --

P: --

U.S. Weekly Total Oil Rig Count

A:--

F: --

P: --

Japan Foreign Exchange Reserves (Sept)

--

F: --

P: --

Japan Leading Indicators Prelim (Aug)

--

F: --

P: --

U.K. Halifax House Price Index YoY (SA) (Sept)

--

F: --

P: --

U.K. Halifax House Price Index MoM (SA) (Sept)

--

F: --

P: --

ECB Chief Economist Lane Speaks
China, Mainland Foreign Exchange Reserves (Sept)

--

F: --

P: --

Euro Zone Sentix Investor Confidence Index (Oct)

--

F: --

P: --

Euro Zone Retail Sales YoY (Aug)

--

F: --

P: --

Euro Zone Retail Sales MoM (Aug)

--

F: --

P: --

Canada National Economic Confidence Index

--

F: --

P: --

U.S. Conference Board Employment Trends Index (SA) (Sept)

--

F: --

P: --

U.S. Consumer Credit (SA) (Aug)

--

F: --

P: --

U.K. BRC Like-For-Like Retail Sales YoY (Sept)

--

F: --

P: --

U.K. BRC Overall Retail Sales YoY (Sept)

--

F: --

P: --

Japan Wages MoM (Aug)

--

F: --

P: --

Japan Trade Balance (Customs Data) (SA) (Aug)

--

F: --

P: --

Japan Trade Balance (Aug)

--

F: --

P: --

RBA Monetary Policy Meeting Minutes
Japan 30-Year JGB Auction Yield

--

F: --

P: --

Germany Industrial Output MoM (SA) (Aug)

--

F: --

P: --

France Current Account (Not SA) (Aug)

--

F: --

P: --

France Trade Balance (SA) (Aug)

--

F: --

P: --

U.S. NFIB Small Business Optimism Index (SA) (Sept)

--

F: --

P: --

Canada Trade Balance (SA) (Aug)

--

F: --

P: --

U.S. Trade Balance (Aug)

--

F: --

P: --

U.S. Exports (Aug)

--

F: --

P: --

Canada Exports (SA) (Aug)

--

F: --

P: --

Canada Imports (SA) (Aug)

--

F: --

P: --

U.S. Weekly Redbook Index YoY

--

F: --

P: --

U.S. EIA Natural Gas Production Forecast For The Next Year (Oct)

--

F: --

P: --

U.S. EIA Short-Term Crude Production Forecast For The Next Year (Oct)

--

F: --

P: --

  • All
  • Chatrooms
  • Groups
  • Friends
Connecting
.
.
.
Trending
All
Recommend
Featured News
  • All
  • Israel-Palestine Conflict
  • Russia-Ukraine Conflict
Stocks
Cryptocurrencies
Central Banks
  • US
  • VN
  • All
  • Israel-Palestine Conflict
  • Russia-Ukraine Conflict