Did you notice the silence about this bitcoin crash in Mainstream media!

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: 51percemt on October 07, 2014, 09:14:56 PM

Quote from: blastmaster on October 07, 2014, 03:13:59 PM

I am rather surprised at their rather muted reaction. I would have thought they would be all over this trying to kick Bitcoin when it's down...

The media generally will try to be as unbiased as possible (at least is the case for the MSM). If a media outlet appears to be especially biased in any particular subject then it will lose it's credibility.

The media also has no reason to dislike bitcoin as it could potentially help them in the future with payments for ad sales (it would be easy to facilitate such payments with bitcoin)

Welcome to the world. Have you seen the news yet?

philiveyjr

legendary

Activity: 840

Merit: 1000

Quote from: BADecker on October 07, 2014, 12:33:31 PM

I just love all you Bitcoin naysayers. Maybe, just maybe you will scare a lot of people into selling. The price will go down, and when I am comfortable with the low price, I will buy a lot.

When fiat crashes, Bitcoin just might be the world trade savior. Might even be local trade savior. But even if it's not, it WILL make things easier until we get a new money system going. That's where I will make out big.

Im banking on the same thing.!! I think is will join the mainstream soon..n actually become a trade savior.! Cant wait for that day to come.!!

51percemt

member

Activity: 86

Merit: 10

Quote from: blastmaster on October 07, 2014, 03:13:59 PM

I am rather surprised at their rather muted reaction. I would have thought they would be all over this trying to kick Bitcoin when it's down...

The media generally will try to be as unbiased as possible (at least is the case for the MSM). If a media outlet appears to be especially biased in any particular subject then it will lose it's credibility.

The media also has no reason to dislike bitcoin as it could potentially help them in the future with payments for ad sales (it would be easy to facilitate such payments with bitcoin)

virtualx

hero member

Activity: 672

Merit: 508

LOTEO

Quote from: cuddaloreappu on October 05, 2014, 11:15:51 AM

The mainstream media which reports even small incidents bad about bitcoin is completely silent!

There is something going on

Perhaps they are afraid to become a troll box. This dive is somehow different, indeed.
Some headlines:

How Bitcoin Could Save Journalism and the Arts - Time Magazine Oct 07 08:03am
Accepting Bitcoin Payments Increasingly Looks Like Smart Business - Entrepreneur via Yahoo! Finance Oct 06 01:00pm
Bitcoin tumbles-are investors losing faith? - CNBC via Yahoo! Finance Oct 05 11:16pm

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Maybe a lot of them still remember the egg on their face after pronouncing bitcoin dead. Which has happened like a hundred times.

blastmaster

newbie

Activity: 11

Merit: 0

I am rather surprised at their rather muted reaction. I would have thought they would be all over this trying to kick Bitcoin when it's down...

BADecker

legendary

Activity: 3990

Merit: 1385

I just love all you Bitcoin naysayers. Maybe, just maybe you will scare a lot of people into selling. The price will go down, and when I am comfortable with the low price, I will buy a lot.

When fiat crashes, Bitcoin just might be the world trade savior. Might even be local trade savior. But even if it's not, it WILL make things easier until we get a new money system going. That's where I will make out big.

GailSan

full member

Activity: 140

Merit: 100

If its any consolation...

People like me can now get in to BTC. I just bought my first couple the other day.
When they were $600 the entry price was just to much. Actually I lied when I say I
just bought a couple the other day. I bought $350 of btc 8 months ago (?). I took it to
an exchange and promptly bought Aurora coin which of course promptly sank. I ended
up selling for about $12.

That was my first experience with BTC/Crypto and just being an average every day bloke
I couldnt afford to buy bits of btc and try again when they were $600+. Now though I can,
and am even prepared to take more risk because of their lower price.
Point is I surely cant be alone. There must be many others who can now consider getting in
on the Crypto scene. Of course if btc crashed to nothing....but I really dont see that happening.
I see the btc price drop as an opportunity. Of course for those that hold a lot of btc it wont feel
like that so I can empathise. But they should hold their coins because the newbies are coming. Shocked

cellard

legendary

Activity: 1372

Merit: 1252

I see Bitcoin articles pretty frequently in big economic sites and even CNN and what not.

cuddaloreappu

hero member

Activity: 756

Merit: 502

Quote from: jaybits on October 07, 2014, 05:35:48 AM

Quote from: cuddaloreappu on October 05, 2014, 11:15:51 AM

The mainstream media which reports even small incidents bad about bitcoin is completely silent!

There is something going on

This
|
|
|
\/

seems like mars

Q7

sr. member

Activity: 448

Merit: 250

Maybe those that kept on urging people to buy and hold in the past is now facing with the dilemma on how to put together nice stories. Maybe not.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

There was as many articles about this weekend's crash as there were about the Silk Road crash 1 year ago.

Prices never recovered after all of that negative attention.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: jaybits on October 07, 2014, 05:35:48 AM

Quote from: cuddaloreappu on October 05, 2014, 11:15:51 AM

The mainstream media which reports even small incidents bad about bitcoin is completely silent!

There is something going on

This
|
|
|
\/

Dam does that mean Bitcoin price crashed into the sun. Sad

Up in flames like my coin hoard! Cool

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: jaybits on October 07, 2014, 05:35:48 AM

Quote from: cuddaloreappu on October 05, 2014, 11:15:51 AM

The mainstream media which reports even small incidents bad about bitcoin is completely silent!

There is something going on

This
|
|
|
\/

You want to say that BTC was already on the moon and left its trace there and left?

jaybits

newbie

Activity: 28

Merit: 0

Quote from: cuddaloreappu on October 05, 2014, 11:15:51 AM

The mainstream media which reports even small incidents bad about bitcoin is completely silent!

There is something going on

This
|
|
|
\/

https://i.imgur.com/2H55YCh.jpg

randayh

sr. member

Activity: 386

Merit: 250

Now is when money is made.

ANTIcentralized

full member

Activity: 210

Merit: 100

Quote from: gogxmagog on October 06, 2014, 10:55:42 PM

EDIT- I DID notice that the 30k sell wall manbearwhale thing got very little mention anywhere but the most entrenched niche news sources. The sell wall and the reletive ease with which it manipulated the price, not to mention....who exactly was responsable for that??? IS interesting news imho.

It is not usually news when someone sells a large amount of a stock at one price in the same fashion that the bear whale sold 30k BTC yesterday. I would say that it was noticed by the bitcoin community because the price is watched very closely however a $9 million order will commonly take place every minute on large cap stocks on the NYSE

gogxmagog

legendary

Activity: 1456

Merit: 1010

Ad maiora!

I saw a link to a time magazine article today... if time magazine is even relevant? NYT's resident nobel lauriate took time to gloat...

reddit and twitter were all over it. But I mean, let's face it, unless you are invested there's really no story unless BTC is prepared to sh&t or get off the pot. If it dies, they will all have their say, if it "to the moon" they will also have something to say. I would bet there are journalists out there with both stories ready to go to press. Meanwhile, to everyone who does not have any btc...this has basically been a non-event. A boring story.

Like the world of finance in general. Most people dont want to know how finance works. And they find it dull unless it is associated with scandal. (or ridiculous winfalls of great luck)

As for financial journalists, how often can you reiterate that btc is unpredictable and nobody knows where its going to go next?

caveat - I find btc fascinating. when else has a commodity transformed into a currency before our very eyes?

EDIT- I DID notice that the 30k sell wall manbearwhale thing got very little mention anywhere but the most entrenched niche news sources. The sell wall and the reletive ease with which it manipulated the price, not to mention....who exactly was responsable for that??? IS interesting news imho.

beetcoin

sr. member

Activity: 434

Merit: 250

bitcoin is no longer a novelty, so the media has backed off. besides that, there are a lot more pressing current events right now that was off the radar 6 months ago.

ebola, ISIS, israeli-palestine conflict, kim jong-un being deposed, and hong kongers for democracy name a few.

chenka563

full member

Activity: 126

Merit: 100

but was what thing going on? Huh

anyone know?Does it have a relationship with the drop of the BTC price ?

Topic: Did you notice the silence about this bitcoin crash in Mainstream media! (Read 4573 times)