A reminder about the media | Bitcointalksearch.org

irhact

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Quote from: meser# on November 25, 2022, 10:07:45 PM

The media loves star news. If someone or something falls, they also blow a kick .

Bad news sells more so the media will always put more resources into broadcasting that news as it'll bring more views to their channel. Goodnews aren't of much interest to people as people always want to know the wrongs happening in the world instead of the rights. An example is when people search about cryptocurency or what to read news about it, they always put interest in the bad ones instead of the goodnews that Bitcoin has brought to the average person.

When FTX crashed, many news media rush to start broadcasting about the news as they know many individual will be looking for source on what happened. Also when Bitcoin price crashes same things happen, the world is just full of negativity and that's what sells.

Ummarr

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Quote from: mrongoz_imut on November 26, 2022, 12:14:11 PM

Quote from: JeromeTash on November 20, 2022, 01:56:49 PM

Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.

Very true, as you said, most media never care about the price of bitcoin, the media also never care about the popularity of bitcoin, most of all the media are only looking for their own profit, they are only looking for clicks and money from advertisements, there are only a few media that care about the currency crypto money and teaching about the basics of crypto, for now in my personal opinion only Twitter and telegram care about crypto currency, because they want to provide news about crypto currency, while other media I don't trust because they only think about their own benefits .

Which is why less and less people care about the traditional media as we already know what is going to be their reaction to several topics including bitcoin, if bitcoin is in the middle of a bull run then it is a bubble that will soon burst, if it is crashing then bitcoin is finally dying, and if it is not moving then no one is interested in bitcoin anymore, and with that in mind it makes no sense for anyone to listen to them when we know they will be against bitcoin regardless of what it is happening in the market.

mrongoz_imut

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Quote from: JeromeTash on November 20, 2022, 01:56:49 PM

Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.

Very true, as you said, most media never care about the price of bitcoin, the media also never care about the popularity of bitcoin, most of all the media are only looking for their own profit, they are only looking for clicks and money from advertisements, there are only a few media that care about the currency crypto money and teaching about the basics of crypto, for now in my personal opinion only Twitter and telegram care about crypto currency, because they want to provide news about crypto currency, while other media I don't trust because they only think about their own benefits .

Ale88

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Quote from: coolcoinz on November 20, 2022, 12:09:57 PM

Stay strong and don't follow the media Cool

All those "crypto news" have only one meaning: bring clicks, therefore money, to their websites. They don't actually care about bitcoin. I stopped reading anything price related a long time ago because it's completely pointless and a waste of time.

isaac_clarke22

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Quote from: AmoreJaz on November 25, 2022, 05:53:25 PM

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Sometimes I really need to cross-check still some news even from some popular article sites. You never know if those were paid articles just to fake out the whole issue though I am sure it will cost a lot if those platforms f'd up their stuffs. This is why I don't have that "favorite" news site to rely on since there are always those news sites that have their headlines either "too exaggerated" or covering something up.
As much as I love to watch and read news, I am still skeptical to what I hear or read.

molsewid

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Quote from: Darker45 on November 25, 2022, 11:46:55 PM

If anybody wishes to avoid stressors, it is always best to avoid the media. That's always generally true. That also applies to people who are trying to monitor the Bitcoin market. But there are two sides now because there are already a number of crypto-centered media. If you read Bitcoin-related news in traditional publications, you'd expect that they're biased against Bitcoin. On the other hand, however, if you read news in crypto publications, you'd also notice how they're biased toward Bitcoin. So there's really no objectivity at all. You better stick to your own way of assessing the market.

Yeah, my life is now at peace when I stop seeing news, it makes me outdated sometimes but it gives me peace of mind so I don't care about it anymore. If I would like to know some news it is easy to search in any search engine but a true one is hard to find, before I uses Twitter to gather some info if I am so invested in a topic but now many people uses it for their own advantages, maybe try reddit as an alternative to Twitter. All in all, media nowadays prioritize their ranking and prioritize money before giving us true and reliable information.

jaberwock

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Quote from: yazher on November 25, 2022, 04:37:59 AM

Quote from: krishnaverma on November 20, 2022, 12:44:03 PM

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.

Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.

I have to say that it’s not easy for many to realize what is media and what is not a media. Like you see tv news and understand that’s media, or a newspaper and understand it's media, but influencers on twitter is sort of a media as well, they share "information" but actually it’s their opinion.

Unfortunately people do not realize this and see it and just invest accordingly, but the reality is that hype or fud for crypto based on something you read is not a good way to do it. The best way would be making sure that you end up with investing based on the research you do yourself, that way you would be sure if it is going great or doing terribly and you would know the difference.

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If anybody wishes to avoid stressors, it is always best to avoid the media. That's always generally true. That also applies to people who are trying to monitor the Bitcoin market. But there are two sides now because there are already a number of crypto-centered media. If you read Bitcoin-related news in traditional publications, you'd expect that they're biased against Bitcoin. On the other hand, however, if you read news in crypto publications, you'd also notice how they're biased toward Bitcoin. So there's really no objectivity at all. You better stick to your own way of assessing the market.

meser#

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The media loves star news. If someone or something falls, they also blow a kick . If someone or something rises, they applaud like everyone else. That's why we shouldn't pay too much attention to the news of the media.

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Quote from: uneng on November 25, 2022, 04:37:03 PM

Regards expectations on bitcoin price, we also need to be careful, because the same way there are the news to spread FUD, there are also the news to spread illusions, launched by speculators and social influencers over common investors.

I just want to say that most of us already understand what must be done in receiving information from a media and most of us also understand very well their job, namely journalists in writing or covering news.

In the midst of many FUD media, we feel that there are also many media that provide information based on data and facts. Regarding Bitcoin price speculation, of course we need some indicators that we need to pay attention to and we don't take 100% of the source from the media. As we have discussed, historical data can be an initial consideration.

AmoreJaz

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Quote from: BitDane on November 25, 2022, 05:47:06 PM

Quote from: Ziskinberg on November 25, 2022, 05:37:02 PM

I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports, I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.

Yeah, instead of hating media, we must be selective of information to absorb. We must compare the information with other sources and check the credibility of the writer. More often than not, unknown writers often release misguiding information with an intention to cause chaos or FUD if it is in the marketplace. So we shouldn't make ourselves to easily believe anything that we read online. We must verify them as much as possible.

media is important in the publication of news and other things. as much as we want factual news, we can't always expect to read such. so yeah, it is our responsibility to validate what we are reading. no one will tell you which one is fake or not, it is on us how we will attack such content on the media. are we going to believe what has been said, and be disappointed or depressed from what we just read? if you want, you can only focus on one or two legit sites where you get your daily news. you don't need to read all the things happening around, it will just make you sick or stress.

BitDane

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Quote from: Ziskinberg on November 25, 2022, 05:37:02 PM

I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports, I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.

Yeah, instead of hating media, we must be selective of information to absorb. We must compare the information with other sources and check the credibility of the writer. More often than not, unknown writers often release misguiding information with an intention to cause chaos or FUD if it is in the marketplace. So we shouldn't make ourselves to easily believe anything that we read online. We must verify them as much as possible.

Ziskinberg

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I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports, I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.

uneng

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Quote from: yudi09 on November 25, 2022, 02:25:13 AM

Quote from: coolcoinz on November 20, 2022, 12:09:57 PM

Stay strong and don't follow the media Cool

Nice reminder OP

It is enough just to give a smile when reading news like that because after all we need to read the media to find out information. However, regarding the truth of the information displayed by the media, we must first consider it, not immediately accept it as truth because the actual accuracy of the data is the benchmark.
Often at the end of the news they write this information is only based on the author's thoughts not to be used as a reference.

I believe we have to follow logic and reason. If you know how to filtrate the informations you receive from the media, you aren't going to get fooled by their fake news, while also being able to absorb legit content they report.

A big mistake nowadays is to go extreme, discrediting every journalists and media vehicles, because a portion of them don't have a compromise with the truth, with facts. There are honest and dishonest journalists, like in every professions.

Regards expectations on bitcoin price, we also need to be careful, because the same way there are the news to spread FUD, there are also the news to spread illusions, launched by speculators and social influencers over common investors.

lionheart78

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Quote from: Finestream on November 24, 2022, 03:22:54 PM

Quote from: JeromeTash on November 20, 2022, 01:56:49 PM

Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.

Profits is still their top priority. That is why there’s no significance anymore following the news and keeping up with updates, because they seem not happening at all in reality. The most important is we know what should be properly done with our bitcoin when the market is bearish or bullish.

Every industry's priority is profit. Is there any industry that does not prioritize it? Even the health industry which is supposed to be more concerned with life give priority to profit. And that desire to get profit also drives media outlets to perform better. So it is a pro-con thing but one thing is important, don't just believe things that we read online. Have time to research and check them. That way we can avoid doing things that may result in possible financial losses.

Quote from: Finestream on November 24, 2022, 03:22:54 PM

Media is just all about FUDS so we should know when to believe it and when not to.

I disagree, media is the major sources of information and isn't all about FUDs. Although the media thinks that having bad news is good news for them because people are more interested in negative news than a positive one, but, the media also reports development, updates, political effect, economic effect, and a lot more. Media is more than spreading FUDs, I bet we all know that but of course, we need to be vigilant because not all that is published online is the truth. We need to verify them especially when it affects the market decision that may possibly bring us losses.

danadc

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Quote from: yazher on November 25, 2022, 04:37:59 AM

Quote from: krishnaverma on November 20, 2022, 12:44:03 PM

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.

Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.

I do not know much about investment, but if I look at many articles and when there is positive news I am happy because I have a little bit of bitcoin and that is something that makes me happy because if the price rises it means that the increase in money fiduciary is greater, I do not see my investment or review the amount of bitcoin I have because it demoralizes me, I bought a little bit of bitcoin when it was at 20,000 dollars, but I do not plan to sell when it reaches more.

For investors, how do they do when they see their bitcoin drop in price, how do they not go into despair? I don't have a complete 1bitcoin, but I know that many have more than 1bitcoin, and seeing the value drop is something tremendous.

isaac_clarke22

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Quote from: davis196 on November 25, 2022, 02:51:28 AM

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This is like those usual "technology bad" mentioned by some ignorant boomers. Just because something is gaining a lot attention from the public, then they will just try to talk crap about it to bring it down to Oblivion. There are some news article page in Facebook that are just neutral which are hundred times better than those scums that are just biased at any ways.

Regardless of their neutrality anyway, I don't rely my decisions from what I just solely hear from the headlines and the first lines of the news. This is why most of the time I usually also use adblockers when reading these articles.

Kasabus

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Quote from: JeromeTash on November 20, 2022, 01:56:49 PM

Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.

Definitely it’s all about money at the end of the day. Media is not concerned at all if it’s reality or not but as long as people like their contents, they will eventually pursue about it. That is why we don’t have to rely on media for all our market movement decision, always check the news and make a good analysis on the crypto price movement in the market.

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Quote from: krishnaverma on November 20, 2022, 12:44:03 PM

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.

Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.

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