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Topic: Bitcoin and the power of media - page 3. (Read 1214 times)

newbie
Activity: 70
Merit: 0
April 02, 2018, 04:23:17 AM
#71
bitcoin graffiti has been showing up. i guess that qualifies as media.

newbie
Activity: 322
Merit: 0
March 31, 2018, 11:02:43 AM
#70
Social media networks play a vital role in many aspects of our modern lives. Cryptocurrency has had its fair share of interactions with social media. The trading market in the cryptocurrency can fluctuate up and down depending on the character of the news being spread on social media. The value of Bitcoin lies as much in the idea behind it as the technology that makes it work.
full member
Activity: 484
Merit: 100
March 31, 2018, 10:56:33 AM
#69
The impact of communication on Bitcoin is enormous. The bad news that the media will bring up will negatively impact its price. The effect of communication on Bitcoin is considerable; the good news is coming out of FOMO will appear.
full member
Activity: 266
Merit: 100
March 31, 2018, 10:51:45 AM
#68
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?

Social media is already playing a great role in spreading the bitcoin among the people. What we are lacking here is the TV media or you can says ads and documentary of bitcoins on TV. If one can start this campaign on national TV of all the nations bitcoin can spread very fast and in much
less time.


I really do not think that that would be the case if ever bitcoins get advertised on television sets on different homes since most people nowadays do not watch as much television as they did back then. People nowadays prefer watching things on the internet more than the things that are on televisions. Which is why I strongly believe that if advertisements as videos and documentaries were to be on the internet or in the social media more often than it is now, it will be more popular than being on television sets.
sr. member
Activity: 2030
Merit: 356
March 31, 2018, 10:42:39 AM
#67
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?

Social media is already playing a great role in spreading the bitcoin among the people. What we are lacking here is the TV media or you can says ads and documentary of bitcoins on TV. If one can start this campaign on national TV of all the nations bitcoin can spread very fast and in much
less time.
full member
Activity: 310
Merit: 103
Rookie Website developer
March 31, 2018, 10:39:39 AM
#66
The media plays a great role in terms of communication, not just that, a realm of proportional strategies which includes, posting, advertising, internet business, including different kinds of field which earns money. The power of media is the one that impowers bitcoin, not just it helps for bitcoins popularity, but to show people from the other countries who have banned this new era of currency that they are wrong with their judges of bitcoin's stability. The media is the biggest power where we tend to consult and solve different strategies in doing work, earning, exploring, and advertising.
copper member
Activity: 14
Merit: 0
Pimapay-Pimacoin::
March 31, 2018, 10:32:44 AM
#65
Media is been used to talk bitcoin to the grave, but the reverse will always be the case. the more bitcoin is talked about, the more awareness and popular it becomes
newbie
Activity: 4
Merit: 0
March 31, 2018, 10:27:59 AM
#64
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newbie
Activity: 168
Merit: 0
March 30, 2018, 05:17:13 AM
#63
bitcoin and media actually can not be separated because it is a thing that can be mutually beneficial, the media is very helpful in marketing bitcoin in the world and vice versa if bitcoin become root crypto is not media that market it will be known.
sr. member
Activity: 518
Merit: 283
March 30, 2018, 04:55:26 AM
#62
The media institutions act by the hand of the state.And the states will not support this market unless they are their own crypto money.I mean, it's bullshit to expect something good from the media.

While the media are in the hands of the state, we will not be able to see positive news about bitcoin and help other people to make money.
newbie
Activity: 91
Merit: 0
March 30, 2018, 04:39:07 AM
#61
The media these days can make or break anything so if bitcoin is being portrayed in a negative light in the media then it is not good for bitcoin and its investors.
full member
Activity: 252
Merit: 100
March 30, 2018, 04:17:41 AM
#60
The media institutions act by the hand of the state.And the states will not support this market unless they are their own crypto money.I mean, it's bullshit to expect something good from the media.
hero member
Activity: 2912
Merit: 642
March 30, 2018, 04:07:59 AM
#59
Pass it on by yourself. Friends and relatives. A fast way without money needed to pay for television or radio.

Forum. The online world is spreading all over the world and people who wants knowledge could suddenly step on a forum and be more aware thanks to the information inside it.

Social media is now locked. So that is the best option for now.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
March 30, 2018, 04:02:56 AM
#58
If I'm going to be honest, I think that the newfound cryptocurrency legalization in Asian countries like Japan and South Korea will lead to a lot more "user-friendly" websites, guides, ebooks, and apps that will help the average person get more familiarized with how to use Bitcoin, not how it works. HUGE difference.

I'm fairly tech-savvy, as I've been around technology since the late 90's, and Bitcoin took a while for me to understand. The media has thus far focused on news related to the effects of Bitcoin, and not really about the technology or security advantages of it. I believe that's simply because they don't understand how Bitcoin works.

If we're going to have any long-term staying power, the community is going to need to learn how to use Bitcoin, not how it works. Let's take banks, for example. Not many people know about how banks operate, what their internal procedures are, what happens to your money once it hits their vaults and private ledgers, etc. All we know is that we deposit $100 into our accounts, and we could use that $100 at a later time as we see fit. Do we understand how banks work? Nope. Don't need to. We just know that we can use our money (for the most part) when and where we want.

Electricity is the same way. Do we understand the circuitry and engineering behind how our light switch is connected via wires to a voltage regulator that has a light bulb attached to that? Nope, because we don't need to. All we know is that when we flip the light switch, the bulb turns on.

Bitcoin should be the same way, and until the media power houses start focusing on the uses of Bitcoin and what it can be used for, rather than trying to teach us about the technology behind it, Bitcoin won't become a commodity like we want it to become. From most of my experiences with Bitcoin in the media, there has always been a negative connotation to the stories they produce.

Simplify Bitcoin. More websites need to publish how to use Bitcoin, rather than how it works. My thoughts.
This is eloquently worded, but in my opinion, educating people is still important. I know that you just want to simplify everything and avoid all the complicated information. Your logic is outstanding and I respect that, but I think that it is not applicable when it comes to bitcoin. Bitcoin is far complex than money is to bank or electricity is to light bulb. Knowing how it works is important to avoid ignorant uneducated people. Having a strong knowledge foundation is the key to everything for me. Just my opinion though  Grin
newbie
Activity: 3
Merit: 0
March 30, 2018, 03:45:55 AM
#57
Marinecoin - Really love the concept behind this project. A community-driven projects is the way to go now as this really exemplifies all what decentralization ought to stand for I can name you ICO that will be one of the best ICO in 2018 from my opinion and review and that is marineco.in/ico . Why marinecoin is one of the best ICO because you must see the founders and the team on the ICO project. With their experiences and achievements I am sure marinecoin will be the best ICO in this year. If you want to know more you can check on the website link marineco.in/ico. Payment System in Internet Artificial Intelligence (AI) of Things (IoT). time dilution technology. time dilution technology - artificial intelligence - self sustaining - community - fair distribution - iotGet into the boat before it sails!! Sleeping giant waiting to roar, big time.
legendary
Activity: 3192
Merit: 2979
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March 29, 2018, 10:28:05 AM
#56
However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies
I don't agree with you, media doesn't exist to neither inform, not educate and much less to enlighten societies, but, on the contrary, to control the public opinion. Take a look at the concept of terrorism, for instance. Every time there is an incident media always use the word "terrorism", even when it can be just a crazy man with a gun. Media is always willing to mold the minds of the people into the system shape.
Now, regarding your question, to me, the best way to show people the cryptoworld is just time. With enough time, it will infiltrate itself into society as a weapon, as a tool.   We just need to continue in developing it, we need to push up the technology in order to crypto become useful (daily useful) to the people. In order to achieve that goal, we don't need publicity but proof. If there are some new technology you can use to store and trade with crypto and it is safer and easier than the one we have nowadays, I'm sure the natural path for the people to follow will be to enter into the crypto world.
As I see that, cryptocurrencies are the future, and the publicity makes it looks less serious. Media, as usual, will be at the service of the powerful instead of the people, so I don't really care about what are they talking about, for, on the deep, the people know this is a revolution.
sr. member
Activity: 574
Merit: 250
March 29, 2018, 10:17:59 AM
#55
The media helps promote bitcoin there by making it popular and in the other hand it affects bitcoin when they give negatively news which causes panic to bitcoin users.
newbie
Activity: 96
Merit: 0
March 29, 2018, 01:37:38 AM
#54
From the look of things we will all agree that media have a very great influence on bitcoin. When any fake news start flying in media the market will fall first before people will realize it was a bad news.This year have experience alot of such.
legendary
Activity: 1022
Merit: 1043
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March 29, 2018, 01:31:03 AM
#53
As you can see in advertisements. Bitcoin is popular in advertisements like in Youtube and website ads. Media plays a big role in improving the image of Bitcoin.

Social media rather because 99% of these companies owned profit oriented media are against bitcoin and crypto. Even social media owners at the moment are under pressure mostly if under the jurisdiction of the US government.
As we can see, media plays a major role in bitcoin and other cryptocurrencies, but the fact is that whether its good or bad way of promoting bitcoin, it has still promoted bitcoin and that makes it more popular, because even me when i first heard about bitcoin, there are lots of bad rumors about it, but i just get the courage to tackle and learn more to what makes it bad. As of now social medias plays the major role of advertisements, and most of the people now are into it so it makes it more easier to promote.
member
Activity: 350
Merit: 10
TRONscratch.com
March 29, 2018, 01:23:35 AM
#52
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?

Yes, you are indeed right. Media is one of the core role player which act as a medium that can give awareness to people or give them new knowledge that can convinced them to join in crypto market.
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