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Topic: Bitcoin and the power of media - page 2. (Read 1273 times)

sr. member
Activity: 315
Merit: 250
April 13, 2018, 10:32:30 AM
#91
The media is an instrument that is used in the interests of those people who own it. So I'm wary of the media. 
Major players in the crypto market can use the media in order to increase their wealth. It is important only personal opinion and Analytics!
full member
Activity: 336
Merit: 103
April 13, 2018, 10:06:16 AM
#90
Do you have any sources and proof in which parts of this world and how many individuals and institutions are sceptical about bitcoin? Yes, the media doubtless plays a role in advertising and propaganding things, but we have all seen that bitcoin or crypto currencies in general have become very well known without any help from the main press media. It was more like a mouth to mouth process and it is still in the process of increasing.
newbie
Activity: 154
Merit: 0
April 11, 2018, 07:59:16 AM
#89
The power of the media also has an influence on the development of bitcoin, in the presence of various media both television and mass media can promote bitcoin / cryptocrency but the media can also make bitcoin destroyed by spreading the issue and negative information to bitcoin.
member
Activity: 378
Merit: 10
April 11, 2018, 07:57:32 AM
#88
This is certainly true. Because media is a great way to advertise and market to bring popularity and create a broader user community that approaches and knows bitcoin and crypto with the initial experience or Including more interested investors. Of course, social media always has positive or negative reactions from the users themselves and the evaluation of each person. And that is the nature that can not be changed because the crypto market is not controlled and managed in a secure and verified way. Consequently, the effects from social media can greatly affect the value of bitcoin and the crypto market.
newbie
Activity: 238
Merit: 0
April 11, 2018, 07:33:43 AM
#87
There is a direct effect on the coin prices of the media. There is no system in my country because the media is in the hands of that one person.
Blockchain and tax and commission interruptions are minimal. Banks do not want to use blockchain for this reason.
newbie
Activity: 87
Merit: 0
April 09, 2018, 06:21:40 AM
#86
The media can help to bring bitcoin a lot of popularity and help to reach out to new people but it's too bad that they mostly focus on the negative news instead of the positive side.
full member
Activity: 434
Merit: 101
April 09, 2018, 06:05:30 AM
#85
As far as information dissemination is concerned, social media is playing a major role on that area. As a matter of fact, social media is being used by ICO in their bounty campaigns to spread the good news of their ICO brings.
jr. member
Activity: 294
Merit: 6
April 09, 2018, 05:51:34 AM
#84
Bitcoin in the media can either have a negative or positive effect on the market depending on what kind of news is being peddled on these media outlets but we cannot deny the fact that we need the media to need as much people as possible.
sr. member
Activity: 574
Merit: 250
April 07, 2018, 07:09:38 AM
#83
The power of media is one of the most influential way to boost the popularity of bitcoin and it can also bring down the price of bitcoin through its bad news.
full member
Activity: 322
Merit: 102
April 07, 2018, 06:58:54 AM
#82
yeah media is a good thing to promote bitcoin from the low class to high class people society
but media are like to getting some bad news rather than a good news, i hear from my friend that working in media thats horiable
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
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
April 07, 2018, 06:51:42 AM
#81
It seems that this discussion is still relevant today. The media certainly has a lot of interference in influencing market condition of crypto, we can see how Bitcoin become mainstream because the media actively lifting into Bitcoin popularity in 2017, since then the price rose high. Then the emergence of opposition from several countries that prohibit trading transactions with Bitcoin payment instruments and the media also participate give a negative influence after that so many investors out of the market.
Bitcoin's relation to media is a big factor for it to have its great run. We all know that everything that circulates around the world is mostly influenced by the media. Once the media talks about bitcoin whether good or bad it's what the people will believe especially to those who doesn't have idea about bitcoin yet.
hero member
Activity: 994
Merit: 544
April 07, 2018, 06:51:31 AM
#80
The media have the power to influence bitcoin. When the news will tell many good news such as a country accepting bitcoin or a big company or business accepts bitcoin the bitcoin market is moving upwards. But if those articles and news were about negative news such as banning of bitcoin, shutdown of exchanges and many more; bitcoins value will surely fall.

The problem in this economy is that bad news to bitcoin spreads fast more than the good news.
full member
Activity: 322
Merit: 101
April 07, 2018, 06:47:13 AM
#79
We have the internet already as the best form of media to spread information about cryptocurrencies. It has no boundaries and can cater all ages. If without, im not sure if bitcoin would flourish.
full member
Activity: 378
Merit: 100
April 07, 2018, 06:42:38 AM
#78
It seems that this discussion is still relevant today. The media certainly has a lot of interference in influencing market condition of crypto, we can see how Bitcoin become mainstream because the media actively lifting into Bitcoin popularity in 2017, since then the price rose high. Then the emergence of opposition from several countries that prohibit trading transactions with Bitcoin payment instruments and the media also participate give a negative influence after that so many investors out of the market.
newbie
Activity: 68
Merit: 0
April 07, 2018, 06:34:16 AM
#77
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?


Bitcoin is a digital currency that is not tied to a bank or government and allows its users to shop without revealing their identity, a powerful media tool To help the bitcon but also help all crypto currencies in general.
full member
Activity: 581
Merit: 108
April 07, 2018, 06:26:53 AM
#76
In as much as the media plays a critical role in raising awareness they can also be the reason for the down fall for cryptos especially if they don't do their research nor understand how crypto works.

But I agree with OP they media has an important role to play in all this.
full member
Activity: 322
Merit: 100
April 02, 2018, 09:40:07 AM
#75
Bitcoin and the power of media, with the power of media Bitcoin is have become popular with the help of media Bitcoin is now known not just in on country but now there are so many people that are into it. Media is a very powerful, it can make a good feedback and also it can give negative feedback one people who are into media, in other words social media or media can make and can destroy. As we become modern social media is the major way to the things in the world. Social media has strong influence to bitcoin to gain its investors and to gain its popularity. . .
member
Activity: 238
Merit: 10
April 02, 2018, 09:12:30 AM
#74
Media has a very strong influence on bitcoin and its development, because looking at the facts they will cause confusion and they are all listened to.
full member
Activity: 518
Merit: 100
https://saturn.black
April 02, 2018, 04:04:30 AM
#73
Of course you are right! Massmedia directly affects the price of crypto. This happens so. The television said that the currency is good and makes a profit. Man B will decide that he needs earnings on this currency and buys it. Demand for currency H is growing and the price is also growing Grin
newbie
Activity: 132
Merit: 0
April 02, 2018, 03:59:47 AM
#72
Media is the number 1 factor that can help bitcoin. Media is easiest way to ritch people around the world or the easiest way to spread a good news about bitcoin. But sometimes people use media to manipulate people by spreading negative news about bitcoin. In other words media depends on how people use it.
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