Topic: bitcoin is worth 180% more than exactly 1 year ago !! - page 5. (Read 697 times)
They love to jump into fear-mongering whenever they have the chance to, given that it's one of their forte ever since the corporate giants started paying them for shoddy journalism. Most people are looking into bitcoin's extraordinary gain in just over a year without looking into fundamentals in which it was clearly lagging at during the run/ There's obviously no way for people to value bitcoin at those price ranges without any form of artificial price boosts which we clearly know of. Those price ranges were purely speculation, hype and FOMO, and no natural growth were associated during that point of hysteria.
Most of the time mainstream media just writes every irrelevant information concerning cryptocurrency in general, for the sake of having daily/weekly content on the topic. If it will generate clicks, then they will write about it. Mainstream media have always had a love-hate relationship with cryptocurrency, mostly hate though.
This is what I have been saying for ages. 
The media and FUD monsters like ripping BTC out whenever there is a Dip, the clueless sheep get scared and start panic selling. The bottom line is that bitcoin grows every year nothing less than 100% ... most of the time way way way more than 100% per year. So if we look at the bigger picture which is annual growth then we need not worry about the daily, weekly, monthly ups and downs... if you hodling then your investment grows at nothing less than 100% per year...
The media and FUD monsters like ripping BTC out whenever there is a Dip, the clueless sheep get scared and start panic selling. The bottom line is that bitcoin grows every year nothing less than 100% ... most of the time way way way more than 100% per year. So if we look at the bigger picture which is annual growth then we need not worry about the daily, weekly, monthly ups and downs... if you hodling then your investment grows at nothing less than 100% per year...
bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.
Bitcoin has been dying several times. with every time the price drops, media reports that it's definitely over. Quite recently, there was a similar story. Exactly in April this year.
I couldn't agree more with your conclusions. It seems part of the problem is that the majority of newcomers into the crypto-space are expecting exponential growth.
They are expecting to become millionaires overnight. With such unrealistic expectations, of course they would be disappointed, even depressed when the markets are
sloping downwards. The media will continue to proclaim bitcoin's death, but it will grow ever stronger. If nothing else, this whole situation is funny to watch.
They are expecting to become millionaires overnight. With such unrealistic expectations, of course they would be disappointed, even depressed when the markets are
sloping downwards. The media will continue to proclaim bitcoin's death, but it will grow ever stronger. If nothing else, this whole situation is funny to watch.
bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.
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