Does every mainstream media article on Bitcoin end in negativity? - page 2.

Torque

legendary

Activity: 3710

Merit: 5286

Bitcoin is a 'dicey investment' — why one veteran gold analyst predicts it could burn a lot of investors
https://www.cnbc.com/2017/12/26/bitcoin-is-a-dicey-investment-warns-commodity-analyst-dudas.html

You hear that Average Joe?? You're gonna get burned if you invest in Bitcoin! So stay very far away! Go back to nice safe stores of value like precious metals.

sjefdeklerk

jr. member

Activity: 154

Merit: 8

SODL

Quote from: Torque on December 20, 2017, 07:15:51 AM

If people don't believe the MSM is *against* Bitcoin specificially at this point, then look at this. The title says it all.

Bitcoin Price Continues Falling as Cryptocurrency Market Crosses $600B
https://www.investopedia.com/news/bitcoin-price-continues-falling-cryptocurrency-market-crosses-600b/?partner=YahooSA&yptr=yahoo

You make it look like it's some conspiracy. Fact of the matter is that bitcoin has no future because it has extremely high transaction fees, is extremely slow and only 3 of the 500 biggest market places offer it (it were 5 last year so it's even declining).

Torque

legendary

Activity: 3710

Merit: 5286

Morgan Stanley says the true price of bitcoin might be zero
http://uk.businessinsider.com/morgan-stanley-on-bitcoin-value-2017-12?r=US&IR=T

You hear that Average Joe?? Bitcoin's true value might be zero!! I know it hasn't been zero in 8 years, but experts say it'll probably go back to zero any day now!

Stay far away or get out now!

Torque

legendary

Activity: 3710

Merit: 5286

This one is just straight up negative:

The last person into a speculative frenzy such as bitcoin never gets out before it's too late
https://www.cnbc.com/2017/12/22/the-last-person-into-a-speculative-frenzy-like-bitcoin-never-gets-out-before-its-too-late.html

You hear that Average Joe?? Stay the fk away from Bitcoin! And if you bought some, get the hell out now! Run away and never ever look back at Bitcoin again.

Grin

Torque

legendary

Activity: 3710

Merit: 5286

If people don't believe the MSM is *against* Bitcoin specificially at this point, then look at this. The title says it all.

Bitcoin Price Continues Falling as Cryptocurrency Market Crosses $600B
https://www.investopedia.com/news/bitcoin-price-continues-falling-cryptocurrency-market-crosses-600b/?partner=YahooSA&yptr=yahoo

suvo05

sr. member

Activity: 1162

Merit: 260

In my country every mainstream media article is against the investment in Bitcoin. They started their article by announcing the current bitcoin price and ended up by warning people to invest in btc. They says noone is controlling the market, you can not complain anyone, price volatility and so on. But couple of years ago they don't have a single article about bitcoin.( Still they don't have a article about bitcoin but about its trading )

MoneyMotivatesMe

newbie

Activity: 96

Merit: 0

Maybe the past year and in the past couple of months, it's more negative but now I could say that it's more positive.

Torque

legendary

Activity: 3710

Merit: 5286

I owned bitcoin for a weekend and here's what I learned
https://www.cnbc.com/2017/12/12/what-i-learned-from-owning-bitcoin.html

Getting the message yet normies? The MSM knows what is best for you. They wish to save you from your own stupidity.

DO. NOT. BUY. BITCOIN.

Torque

legendary

Activity: 3710

Merit: 5286

This guy made $1M+ investing in Bitcoin. But his advice? Stay away!

Bitcoin millionaire: Don't invest in bitcoin
https://www.cnbc.com/2017/12/11/bitcoin-millionaire-grant-sabatier-dont-buy-bitcoin.html

You hear that Average Joes? Stay far far away from Bitcoin! Don't buy it, ever.

Torque

legendary

Activity: 3710

Merit: 5286

Here's one from CNBC.com, who's normally fairly pro-bitcoin or at least neutral.

Note the bullish headline:

Bitcoin breaks above $12,000 for the first time
https://www.cnbc.com/2017/12/05/bitcoin-price-breaks-above-12000-for-new-all-time-high-record.html

but then, of course, comes the negative ending:

Quote

"For one, Stephen Roach, Yale University senior fellow and the former Asia chairman and chief economist at investment bank Morgan Stanley, told CNBC on Tuesday that he was deeply skeptical of investing in bitcoin.

"This is a toxic concept for investors," Roach, described by Yale as one of Wall Street's most influential economists, told CNBC. "This is a dangerous speculative bubble by any shadow or stretch of the imagination."

"I've never seen a chart of a security where the price really has a vertical pattern to it. And bitcoin is the most vertical of any pattern I've ever seen in my career," he added."

The message:
Stay away, Average Joe retail investors!! Stay far far away! You'll only get burned!

sangwookie

member

Activity: 168

Merit: 10

Put it all on the line and go for broke

because they have an agenda to push. decentralized currency is not what they are paid to push.

Torque

legendary

Activity: 3710

Merit: 5286

Quote from: orions.belt19 on November 30, 2017, 08:12:30 PM

However, there are many articles out there dissuading the public to get involved or invest in bitcoin. Perhaps this is simply the trend and writers just want to follow suit.

Or perhaps they actually have an agenda, other than trying to "protect the public"?

orions.belt19

full member

Activity: 686

Merit: 146

Quote from: panju1 on August 18, 2017, 11:56:47 PM

Rather then negativity, I would view it as a disclaimer. You don't want gullible readers suing you and telling that you misled them into investing in Bitcoin and losing a lot of money. Mainstream media are just playing it safe.

This may be the case. If the author were to persuade it's readers to invest in bitcoin, then they may get sued if these investors lose their money. As said, they could have just been playing on the safe side because they also fear the volatility of bitcoin and 'lack of security'.

However, there are many articles out there dissuading the public to get involved or invest in bitcoin. Perhaps this is simply the trend and writers just want to follow suit.

Torque

legendary

Activity: 3710

Merit: 5286

Oh boy, now this doozy from billionaire Carl Icahn himself.

Billionaire Carl Icahn says bitcoin is a lot like an obscure bubble involving swampland in Mississippi
http://www.businessinsider.com/bitcoin-is-a-lot-like-the-mississippi-bubble-carl-icahn-says-2017-11

Another tulips comparison, but just in a different skin! Cheesy

Palmerson

sr. member

Activity: 434

Merit: 255

Live cams shows pimped with cryptocurrency

Quote from: 8270thNinja on September 05, 2017, 08:11:41 PM

I don't know why mainstream media always do this kind of shitty articles to make bitcoin look like it's a waste of time , they always show that supporting bitcoin is also supporting terrorism, SMH. Well, in order for you to stop bitcoin on entering mainstream media and to casual people as a good technology, why don't you introduce bitcoin first but as a bad technology. #SmartMedia #LOL Cool

It seems to me that this whole food is very well funded banks. They know that the first to suffer from bitcoin. The government is also controlled by the bankers, but they don't advertise. They make a pause. If the bankers manage to fan the hysteria about the fact that bitcoin is an asset for criminal activity, then the government will act to ban cryptocurrency.

Torque

legendary

Activity: 3710

Merit: 5286

As if right on cue, the MSM starts up the negative attack articles on Bitcoin again.

Another from Business Insider:

There's a 'fatal' flaw in cryptocurrencies which means they can never be real currencies
http://www.businessinsider.com/bitcoin-cryptocurrency-ubs-wealth-management-economist-paul-donovan-2017-11

Ridiculous quotes:

Quote

In the USA right now, he said "the Federal Reserve is reducing money supply in the USA at the rate of $10 billion a month. That's because "demand for liquid dollars has dropped, and in order to preserve the value of the dollar, i.e. avoid inflation, the Fed is reducing money supply to match a reduction in demand."

"That cannot happen with a cryptocurrency," he said.

Yeah we know that, asshole. And we know that they're not really reducing the money supply at all. Bitcoin is deflationary. Also the rate of Bitcoin issuance is on a mathematical curve, not at the whim of a bunch of Fed idiots. The Fed also QE'd the shit out of the dollar to the tune of $80-100B /month for years and years, devaluing the dollar and actually creating hidden inflation. At 6-8% inflation/ yr, we haven't even begun to see the knock-on effects of all of that money printing. Angry

Quote

Furthermore, Donovan noted, a key feature of anything that can be considered a true currency is that it must act as a store of value — essentially meaning that you can put your money into it and be reasonably comfortable that in normal circumstances its value is not going to fluctuate massively.

Cryptocurrencies cannot do that, he says.

"Bitcoin in particular has had, I think, three hyperinflation episodes this year. That is to say its ability to purchase goods has dropped more than 25% in the course of a week. That is not a particularly stable store of value."

Oh rly? I guess my net worth of bitcoin dollar value rising 20X in 4 years is not a 'stable store of value'.

Ohh no, woas me. Cry

8270thNinja

full member

Activity: 210

Merit: 100

busy in real life, long post gap is understandable

I don't know why mainstream media always do this kind of shitty articles to make bitcoin look like it's a waste of time , they always show that supporting bitcoin is also supporting terrorism, SMH. Well, in order for you to stop bitcoin on entering mainstream media and to casual people as a good technology, why don't you introduce bitcoin first but as a bad technology. #SmartMedia #LOL Cool

Torque

legendary

Activity: 3710

Merit: 5286

Quote from: ssmc2 on September 05, 2017, 03:12:30 PM

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-bitcoin-price-20170905-story,amp.html

This guy's a real genuis

Yeah, and notice how he took the time to write a friggin' book! He's gotta double down on his pontifications, ya' know?

Dinosaurs doing what dinosaurs do when the meteor (Bitcoin) hits. He'll probably be dead by the time we reach $50K/btc. From the grave he'll be saying "Yeah, but..but.. it's still a dumb investment!"

ssmc2

legendary

Activity: 2002

Merit: 1040

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-bitcoin-price-20170905-story,amp.html

This guy's a real genuis

coastbank

full member

Activity: 238

Merit: 100

Presale Starting May 1st

There are lot of positive articles on mainstream media about cryptocurrencies in Turkey (Especially coming from economy profs). So no.

Topic: Does every mainstream media article on Bitcoin end in negativity? - page 2. (Read 1769 times)