A reminder about the media - page 3.

darkangel11

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Quote from: sulendra12 on November 20, 2022, 10:28:07 PM

Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

I'd say they usually are more reliable. The Internet allows everyone to state their opinions but platforms like youtube filter them for you by recommending you people with a lot of views. I don't watch channels that present opinions. I don't want them to try to convert me and I don't want to waste time arguing with them. When I go online I just watch computer gaming or music videos. I stay as far from media outlets as I can.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: sulendra12 on November 20, 2022, 10:28:07 PM

Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

filtering the news we read might be very good to apply. Because a lot of negative news is not in accordance with reality. The big media that started reporting that bitcoin and crypto were too extreme certainly had a purpose behind the news. Problems like FTX are even being reported to destabilize the market. Just look at the moment, the bitcoin price touched the $15800k area and this is a decline caused by some negative sentiment.
Technicals will remain the benchmark for where the bitcoin price will go, fundamentals are only complementary and those who manipulate the news have little or no influence.

mindrust

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Quote from: coolcoinz on November 20, 2022, 11:09:57 AM

I'd like to remind those of you who feel wear down by the market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media Cool

Youtube and legacy media (TV, newspaper, magazines) are all about getting clicks/interaction. They don't care if the news is accurate or not, if their predictions make sense... No. They only want you to read their crap and get the ad providers' money. Basically they are feeding you with bullshit to get the ad givers money. The more ridiculous bullshit they spew out, the more shit flies they attract. That's why we have seen crazy price estimates like $1.000.000. Some dude which is dead by now even said he is going to eat his dick if bitcoin hits $1.000.000.

Silberman

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Quote from: Sebas.tian on November 20, 2022, 10:18:58 PM

Many people has missed their opportunity in the past, because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.

To add to this we need to think about what the successful traders and investors around the world would do, do they listen to what the media says and follow the advice they read or they decide to do what their own research tells them? And it is obvious they do the latter 100% of the time, no one can become successful following what the media tells you, because if you dig hard enough you will find all kind of contradictory information when it comes to the markets, so you may as well do what your skills tell you, because even if you are mistaken and you lose money you will learn something from this and the next time you find yourself in the same situation you will not make the same mistake again.

sulendra12

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Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

Sebas.tian

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Many people has missed their opportunity in the past, because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.

Fundamentals Of

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It is not so hard to notice how the media is generally biased against Bitcoin. They cannot seem to be objective in reporting news about Bitcoin. They always side with the negative possibilities or tendencies. They are always looking at things from the perspective of a critic and an ill-wisher.

For many years the mainstream media has declared Bitcoin dead. That happened since the price of Bitcoin was lower than $10. It went on and on until the price reached $50,000 and beyond.

If they're truly objective, they should have given weight to Bitcoin's increase from 0 to $69,000 rather than from $69,000 to $20,000. It made them very obvious with their motives.

GreatArkansas

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This is already proven even before. Media is one of the big players in the market, especially in cryptocurrency, these media platforms are always there trying to manipulate the minds of every people, especially these new people who are coming into the cryptocurrency market.
Also before there are a lot of rumors that whales, the big companies are connected with big media platforms to manipulate the market. So always verify.

kawetsriyanto

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duelbits.com

Media purpose is always to attract people with something interesting. They apply varied ways, including predicting a very convincing trend. That's why it wasn't surprising if there were many media who claimed BTC skyrocketed to $100k in the previous bullrun season. In reality, Bitcoin never reached $100k, never passed $90k, or not even close to the predicted prices. This is a warning for everyone to not trust the media 100%, always do our own research to predict the next trend or next crypto prices.

By the way, lately we must hear that some media claimed Bitcoin price may drop to $10k or even lower than $10k. It is not so different from the same FUDs in 2021, the media try to attract people with these FUDs. Also, the whales may be the factor behind the FUDs spreading by the media. They may have the intention to influence BTC holders to do panic selling. So, they can buy as many as Bitcoin and altcoins at very cheap prices.

- https://www.bloomberg.com/news/articles/2022-07-10/bitcoin-faces-another-50-drop-wall-street-says-mliv-pulse
- https://www.kitco.com/news/2022-08-11/Bitcoin-to-fall-to-below-10k-won-t-see-new-highs-again-Peter-Schiff.html

*Just ignore them, they are only made to make us feel worried. Wink

Baofeng

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You really have to learn how to read between the lines. Crypto based media is one of the worst journalism that you can get, I mean those writers didn't do research and probably just putting articles there to create FUD.

And I think this has been the subject this 2017, as far as I can remember. There was even one thread just to have all this negative news.

So yeah, we shouldn't believed what we all see in the internet specially if it's about crypto and what is going on around with the market. Those media outlet could have some narrative and try to spin every news to create confusion and panic.

hatshepsut93

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Quote from: coolcoinz on November 20, 2022, 11:09:57 AM

Here's a quick reminder that they're wrong every time and always follow the trend.

If they were wrong literally every time, you could do the opposite of what they say and become a billionaire.

The way I see it, the media generally just follows the trend. They amplify bullish message when the market is bullish and do the same when its bearish.

What people should remember is that Bitcoin is purely speculative and very unpredictable. The trend can reverse at any moment, there is no good way of calculating what point will be the top or the bottom of a market. There's no expert that has made consistently precise predictions.

sheenshane

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It depends!
Social media reports sometimes depend on their broadcaster/author, while others will against it, while some of them are on the Bitcoin side.
I believed legitimate social media delivers quick news that happens in the crypto space, but when they give predictions on Bitcoin price or the entire crypto market, that's the time I won't listen to them because it might some of them, are attention seekers.

Prediction, guessing, or speculation regarding crypto price, no other than just believing in yourself. Use social media to use your fundamental analysis but not their price predictions which mostly are terrible.

GeorgeJohn

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Quote from: JeromeTash on November 20, 2022, 12:56:49 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.

Some people do decisive themselves in Bitcoin via online which is wrong conception, because it's obvious that social media Carrie's a negative information concerning cryptocurrency, so about hundred percent of newcs out seventy carried via social media is not trustworthy information, so personally I can't adhere to social media dispensing of cryptocurrency price, i tagged such informations as fake one. So obtaining information's there is not adoptive.

jossiel

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Follow only and extract those that are helpful not just to get those information but also for your mental health.

The market has been stressing and many can't think properly when they're already invested that much to it. Well, the experience ones will just endure everything to it.

But the concerning are the new ones. It's true if the media is just adding stress to your mental health, don't follow them, unfollow all of them and free yourself from being attached to rumors, hypes, good and bad news.

dothebeats

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Cashback 15%

Right, another speculation on the price of bitcoin. Well, these are no different to what the media portrays anyway, however on these predictions, bullish sentiment can be seen whereas in the media it's only negative from that they're after. No matter how feel-good or positive these predictions are, you can't deny the fact that we are still being battered by lots of sell orders due to the FTX fiasco that occurred very recently. Investor confidence on any alts is very low, and you can't really convince them otherwise at this point in time given how fresh the issue is.

AmoreJaz

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Quote from: Adbitco on November 20, 2022, 03:06:09 PM

Media personality or blogger and press do use a catchy topics for trending their news line even on youtube as well. Impossible news seems to look very attractive to viewers whereas without knowing they are misleading the general public, let's say the article was created on the 12 of November and expecting price to get 90k in next week which was meant to be 19th and today is 20th yet we didn't see any sign of bull for market to hit $90k as the article says.
This is misleading investors and to those who don't have their own portfolio that is too open to be deceived by market news.

those are clickbaits of these people just for the public to take notice of their vlog or blog. if you are a crypto user, much better if you will trust your own instincts and not be bothered by some baseless speculations. if you will follow these people, you will more likely lose your money in no time. as anyone is free to publish what they thought of this market, you can surely read such predictions that more then likely won't happen in real scenario. don't expect too much. stick to the reality of this market.

Adbitco

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Leading Crypto Sports Betting & Casino Platform

Media personality or blogger and press do use a catchy topics for trending their news line even on youtube as well. Impossible news seems to look very attractive to viewers whereas without knowing they are misleading the general public, let's say the article was created on the 12 of November and expecting price to get 90k in next week which was meant to be 19th and today is 20th yet we didn't see any sign of bull for market to hit $90k as the article says.
This is misleading investors and to those who don't have their own portfolio that is too open to be deceived by market news.

Fatunad

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Quote from: aoluain on November 20, 2022, 02:37:41 PM

The media have to sell their products and they need to sensationalise their cover story
especially when it comes to Bitcoin and crypto. The only ones who will be influenced by
these are the same game who will react negatively to the markets. Bitcoiners won't be
affected by what the media report.

Doesnt trust up media since from the beginning.Yes, they might impose up some news but not all of them are precise and honest.Some of them are part of a propaganda which it doesnt surprise me. Cool

Making ourselves fully aware on whats the trend isnt bad, but you should really know on how to make yourself emotinally strong whenever you do be able to read up some FUD or obviously
just trying to make the market trend even more worst.Usually you cant really be affected with these kind of news or fundamentals if you've been around for this market for some time.
You cant really just easily trust up on what the media been showing off most of the time.

Welsh

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Quote from: DdmrDdmr on November 20, 2022, 01:29:27 PM

One of the core factors behind is the need to generate articles very frequently, something that has multiplied over time as more media write about bitcoin news. This urge to publish paves the terrain for articles being spun with no solid fundamentals, many entering the speculative area base upon this or that analysis or prediction pulled out of the backside slit. On other occasions the news may be imprecise, misinterpreting what the original source really states, or decontextualizing it, causing the part to be taken for the whole. That is when we don’t get to see articles about how bitcoin has gone up 0,x% today, which are pointless.

It's the story of every industry. Every company basically expects you to do better than previous years, in terms of revenue. So, everyone is expecting more money, and it's never sustainable. A lot of journalists as an example start their careers off very well, they don't just post for the sake of it, and they don't make stuff out.

Yet, with time the motives for covering stories changes, it's not to tell you truth or keep the world in the know, instead it's all about money. You're absolutely spot on, that it's about generating enough articles that they're meeting their quota. This results in plenty of stories that just don't cover anything new, and they're just reiterating the same bloody story that they've already covered.

Plus, negative news sells. Positive news, doesn't so much. Drama is literally the money maker, and that's why you see these headlines which are basically taking something bad, and turning it into the end of the world.

Bitcoin has been subject to this for years, I stopped following the news years ago. The only time I read the news related to Bitcoin is through this forum. Any other news I only read big the bigger stuff like the Ukrainian war etc. If we all did this, we'd probably live happier lives.

aoluain

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The media have to sell their products and they need to sensationalise their cover story
especially when it comes to Bitcoin and crypto. The only ones who will be influenced by
these are the same game who will react negatively to the markets. Bitcoiners won't be
affected by what the media report.

Topic: A reminder about the media - page 3. (Read 578 times)