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Topic: Bitcoin and the power of media (Read 1273 times)

hero member
Activity: 882
Merit: 506
April 17, 2018, 02:35:16 AM
I think Bitcoin owes its popularity to the media because it is being used by the people to communicate their thoughts onto it. It is like the vehicle that helps transport where Bitcoin is today. These write ups need not come from experienced writers by profession but need only to be talked about by people randomly until it gets a fan base or what is termed as "trending". By all means then, it is safe to say that anyone can make Bitcoin as popular as it is today provided you get a good number of people who follows you, likes your posts, shares your posts or everything else all at once. Hence, we cannot shrug off the fact that it indeed determines how well Bitcoin will do in the future. But looking as it is today, there are too much negative write ups about Bitcoin. Anyway, as they say, good or bad, publicity is still publicity.
newbie
Activity: 84
Merit: 0
April 17, 2018, 02:17:56 AM
I don't think that crypto needs more attention then it gets now
sr. member
Activity: 616
Merit: 250
April 17, 2018, 02:13:53 AM
The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?
it is true that it should be so but it is too far for now because the government in my country still has not fully formalized bitcoin as the legitimate currency that applies in my country even prohibits to process transaction directly using bitcoin as its transaction
jr. member
Activity: 280
Merit: 3
April 17, 2018, 01:59:06 AM
The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?

for this again blockchain is the solution. Decentralized media give power into the hands of people, so media manipulation will become more difficult and people will be able to make the decisions based on accurate info.
newbie
Activity: 84
Merit: 0
April 17, 2018, 01:58:10 AM
The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?

BTC Media, the world’s largest Bitcoin and blockchain media company, works globally from the heart of Nashville, Tennessee, America’s Music City. Here, from their front-row seat in the fast-growing fintech industry, They gather and distribute the information, education and research that are building the financial systems of the future. And they have a great time doing it. Their clients include everyone from tech startups to Fortune 500 financial titans. Like them, they are driven by a vision of money moving faster, cheaper and more conveniently around the globe; of individuals everywhere empowered by financial freedom and security. BTC Media keeps the world informed through products and services that include Bitcoin Magazine, yBitcoin and The Distributed Ledger, the planet’s most widely read digital currency publications, along with multi-media educational information and services about financial technology.
sr. member
Activity: 812
Merit: 250
April 17, 2018, 01:39:50 AM
We know that bitcoin is very popular, with the use of media we can still make an advertisement in online social networking site. Communication can lead to a sinking economy as a shipwreck. Looking at the press a month ago always brought negative information about Bitcoin that made the market fall faster and did not stop. Major players in the crypto market can use the media in order to increase their wealth. It is important only personal opinion and Analytics. some people who want to bitcoin down just can come to media place then pay them for the bad news
isn't that very disgusting from media that worked to a person that fear with bitcoin
It will be a good idea and win-win situation once media and bitcoin have mutual understanding. If media and bitcoin would just worked together then we can see a major uplift for both. Media could use its power to introduce bitcoin and make it popular. On the other hand media will benefit from it because others might invest to bitcoin through them.
hero member
Activity: 2590
Merit: 644
April 17, 2018, 01:36:56 AM
Bitcoin is really great to have because it really gives a lot of profits to the people who use it and work for it while the social media is one of the best tool for bitcoin to be spread to different part of the world and because of the power of the media, we can easily share our knowledge to other people and it all end up for having more demand for bitcoin which benefits all of the people who have bitcoin.
newbie
Activity: 112
Merit: 0
April 17, 2018, 01:21:00 AM
The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?
when it comes to bitcoin media in reporting they will definitely recognize the bitcoin because the power of the media is so powerfull and almost everyone watching the media and trusting. so if a good example they report about bitcoin are sure to be a lot of thinkers and would like to have a bitcoin.
member
Activity: 224
Merit: 19
April 17, 2018, 12:13:07 AM
The next best thing is Social media, the best thing about social media is we can control what we want to say. More and more people uses the internet and fewer and fewer people watches television. Almost everyone now watch via their mobile device or Laptops/PC.

We can spread good news about crypto currency via this medium.
newbie
Activity: 224
Merit: 0
April 17, 2018, 12:10:32 AM
The media has a huge impact on the bitcoin. The media can suddenly change the agenda of the country. In my country the agenda is changing thanks to the media.
The media bosses can do what they want.
hero member
Activity: 1305
Merit: 511
April 17, 2018, 12:08:25 AM
The work of media should be promote the good thing. But now the media fail to do that.If may be considered as discourage the media.Because  now a days media spread the more fake news about the crypto currency.I had heard bitcoin is banned in India and South Korea in media,but it's a fake news.I come to now this later.Don't spread fake news.
newbie
Activity: 56
Merit: 0
April 17, 2018, 12:04:45 AM
The media is a powerful tool that can effect anything you plant. Top guys use media to influence economics of the world. they control media when they want to invest in something by bringing the price down.bitcoin price only comes down when there is media attack which is good signal to buy in the dip because the top rich investor have a target where they want to coming
jr. member
Activity: 182
Merit: 2
April 16, 2018, 11:20:11 AM
#99
We know that bitcoin is very popular, with the use of media we can still make an advertisement in online social networking site. Communication can lead to a sinking economy as a shipwreck. Looking at the press a month ago always brought negative information about Bitcoin that made the market fall faster and did not stop. Major players in the crypto market can use the media in order to increase their wealth. It is important only personal opinion and Analytics. some people who want to bitcoin down just can come to media place then pay them for the bad news
isn't that very disgusting from media that worked to a person that fear with bitcoin
member
Activity: 378
Merit: 25
April 16, 2018, 11:08:16 AM
#98
if we are to look for the best gateway to make bitcoin more popular is undoubtedly the media, the internet, today, it is the best way for promoting a certain product because of its wide coverage of target market. but we cannot ignore the power of mainstream medias such as television, radio and news papers because of the accesibility by people from all walks of life.
newbie
Activity: 80
Merit: 0
April 16, 2018, 10:52:54 AM
#97
where the best promotion is where many people gather.
social media as one of the potential places to promote cryptocurrency.
and another great place is a discussion forum where people can talk about crypto and make it hits
member
Activity: 252
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
April 16, 2018, 10:42:10 AM
#96
The fundamental issue with the approach of mainstream media is that the media outlets tend to explain every price movement of Bitcoin with the same method of evaluating the price trend of stocks.
Media holds a big obligation towards bitcoin. Media can help bitcoin to become more popular than it seems. Through media a lot of people will see the life changing effect that bitcoin brings and they will surely use it.
newbie
Activity: 115
Merit: 0
April 16, 2018, 10:29:56 AM
#95
Bitcoin needs the media to spread the word for it, we know that the media holds a lot of power when it comes to swaying the opinions of people it is just too bad that the media loves to focus on the negative aspect.
newbie
Activity: 112
Merit: 0
April 16, 2018, 09:59:55 AM
#94
the media is just trying to ruin btc in specific and crypto in general in ways they can find possible which i find so unfair from time to time, sure they might be scam, but let's give them the recognition they deserve
full member
Activity: 484
Merit: 100
April 13, 2018, 10:41:24 AM
#93
The power of the media is enormous, and its impact on the economy is considerable. Communication can lead to a sinking economy as a shipwreck. Looking at the press a month ago always brought negative information about Bitcoin that made the market fall faster and did not stop.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
April 13, 2018, 10:37:34 AM
#92
Media always take a big role always specialy in news whatever news is that media is very important and if media deliver a bad news about bitcoin im sure bitcoin price will fall but if media news a very good image to bitcoin the price will surely goes up to the moon.
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