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Topic: Does every mainstream media article on Bitcoin end in negativity? - page 3. (Read 1769 times)

sr. member
Activity: 1190
Merit: 251
Now what happens from media about bitcoin is opposite. Because after all, media always make popularity that's becoming a global trend. As they do now, praise excellence and discuss bitcoin mission vision. Which has a positive effect, namely high demand.
legendary
Activity: 3710
Merit: 5286
More negativity from the 'Dumb and Dumber' trolling desk of Business Insider. This one follows up yesterday's article, just in case you missed the negativity from yesterday they want to make sure you hear it again today.

Cryptocurrencies are continuing to fall after China's shock ICO ban
http://www.businessinsider.com/bitcoin-ethereum-price-fall-china-ico-crackdown-2017-9

Quote from: very last line
"Further falls could be on their way, with a China-focused executive from the trading platform eToro describing the ICO crackdown as a 'huge deal.' "

As usual, they just gotta get that negativity jab in there as the exclamation point. Keep those Average Joes far away from Bitcoin!
legendary
Activity: 3710
Merit: 5286
Ok, this new one from Business Insider is really craptastic. The author doesn't even try to cover up the FUD, nor differentiate the ICO tokens from legitimate cryptocurrencies like Bitcoin.

Here's why China's crypto crackdown is 'bigger than most people think'
http://www.businessinsider.com/initial-coin-offering-china-bitcoin-ethereum-peoples-bank-of-china-law-all-crypto-illegal-etoro-2017-9

These quotes are a real howler:
Quote
"Wording of edict makes all cryptocurrency trading illegal, according to eToro China exec;"[/i]

and

Quote
But he added: "Cryptocurrency related exchanging and trading activities are officially forbidden. If you interpret the law literally then you cannot engage in any crypto exchange — crypto-to-crypto or crypto-to-fiat."

Gotta keep up that massive negativity, keep Average Joe away forever! It's sad that these authors have sold their souls out to the Deep State controlled MSM.  Cry But I guess they are getting paid to spread worthless FUD, so good for them.
legendary
Activity: 3192
Merit: 1348
That used to be the case but I now find that to be the contrary.
Before BTC was widely accepted it was most frequently reported as having been used on the dark web to buy illegal services. Now articles have picked up on the increased adoption and Forbes has ranked it as one of the most rewarding investments in the last few years.
Bitcoin is still in its infancy. As time progresses people's perceptive of it will change too.
hero member
Activity: 2954
Merit: 796
We all know that it will increase soon or late but some unexperienced people may panic sell and blame the media because of that.

And who exactly is there to be blamed? It's not like an Average Joe has someone that they can 'sue' over it. They can't sue the media. Hell, you can't even sue Jim Cramer for giving out bad investment advice on TV.

Worrying about 'blaming the media' is laughable, since the media pumps out fake news every single day and real people have died because of it. They don't give a shit about real people, like at all.
We are the one who decide on our decisions in market,whether to buy or sell. We should do a research or believe on such coin as much as possible or if were going to believe on media and rely only on it. It depends on us.
legendary
Activity: 3710
Merit: 5286
We all know that it will increase soon or late but some unexperienced people may panic sell and blame the media because of that.

And who exactly is there to be blamed? It's not like an Average Joe has someone that they can 'sue' over it. They can't sue the media. Hell, you can't even sue Jim Cramer for giving out bad investment advice on TV.

Worrying about 'blaming the media' is laughable, since the media pumps out fake news every single day and real people have died because of it. They don't give a shit about real people, like at all.
full member
Activity: 321
Merit: 100
Token That Will Transform The Venture Capital Mark
Lets admit it; bitcoin is risky for short term investment. Mainstream media has to do that because some people would get angry if they buy at 2500 usd and than bitcoin drops to 2000usd the next day. We all know that it will increase soon or late but some unexperienced people may panic sell and blame the media because of that.
hero member
Activity: 980
Merit: 507
So for years now there's this running joke, that you can spy an MSM Bitcoin 'hit piece' article by either 1) the left compliment title, or 2) by the negative note left by the very last paragraph or the last line. If the headline doesn't turn Average Joe off completely, then the author must always end the article on a negative note to make sure and sway Average Joe away from Bitcoin.

Here's a typical one:

Bitcoin is more valuable than gold — but nowhere near as stable
http://www.businessinsider.com/bitcoin-price-surges-past-gold-chart-2017-8

I'll quote the very last paragraph:

Quote
Despite their similarities, there's one key difference: Gold has been much stabler than bitcoin, as we can see in this chart from Statista, which is based on data from Coindesk and onvista. So, for investors looking for a safe bet, the precious metal is still the way to go.

I beg you, find me one that breaks this format pattern and prove me wrong!  Grin
It's true, people just cannot accept the fact that bitcoin has breaken so many records that any other currency or gold, and other precious metals have not broken.  And media does this so that people will believe in it ,and then media will play their usual mind games with the people.
legendary
Activity: 3080
Merit: 1353
Here's one that I found on zerohedge. This website is extremely biased against bitcoin. Well, they are precious metal hugging to begin with.

Bitcoin's Rise To Record Highs In Context
After a two-year long bear market, bitcoin came roaring back in 2016, and has been climbing ever since.

Quote
The digital currency reached a new all-time high above $4,650 on Tuesday, an increase of more than 350% year-to-date. The sheer intensity of its gains has inspired some comparisons to the digital currency's initial run-up, which ended with the collapse of bitcoin exchange Mt. Gox in early 2014, marking the end of the first bitcoin bull market.

And in the end:

Quote
Bitcoin has made a habit out of routinely defying its most ardent skeptics. But the shadow of Mt. Gox still looms large over the digital currency market. And the risk of another bull-market-ending catalyst like a 51% attack on the bitcoin network or another major hack at one of the more mainstream exchanges could force out the week hands, sparking another precipitous drop.

http://www.zerohedge.com/news/2017-08-29/bitcoin%E2%80%99s-rise-record-highs-context

But there was one from CNBC or MSNBC claiming that mainstream media brought bitcoin closer to middle class American.

Quote
Middle-class Americans are indeed hearing about the investment opportunity bitcoin holds from mainstream media like NBC, CNBC, and other mainstream news outlets regularly, and now from family members and co-workers too.

Just find it funny that they are now owning the responsibility of bitcoin being known today as good investment platform specially for the middle class Americans.
legendary
Activity: 3710
Merit: 5286
Coming at you from Forbes again, another typical article fitting the profile. The obligatory complimentary title, but of course ends in negativity.

Bitcoin Is The New 'Gold'
https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#54cf56b33b36

Quote from: last paragraph

"Still, investors shouldn’t rush to substitute the yellow metal for the digital currency in their portfolio.

Especially if they don’t quite understand cryptocurrencies. And they should always be prepared to face the prospect of big governments crushing Bitcoin, as discussed in a previous piece."


I love these schizophrenic articles. The apparent message is "Bitcoin is awesome and people (investors?) are buying millions $$ worth! But big government will soon crush it!"  Roll Eyes
legendary
Activity: 3024
Merit: 2148
I think one of the reasons why journalists end their articles on cryptocurrency is because they try to present a balanced opinion, but because of their low competence on the subject, their arguments look rather stupid. But if I were writing some article for mainstream media, I'd also include some warning regarding risks of investing in cryptocurrencies, especially altcoins - people need to understand the technology they are about to invest in, we don't need any "dumb money" that destabilize the price with panic buys/sells and act chaotically in general. 
legendary
Activity: 3710
Merit: 5286
Here's another doozy from Business Insider. Notice the 'hit piece' title:

Here's why bitcoin could be illegal someday
http://www.businessinsider.com/why-bitcoin-could-be-illegal-someday-2017-8

It seems like they will just let anyone write an article these days. Not only does this half-baked opinion piece make zero sense and sounds like it was written by a fifth grader, the article rambles around and actually doesn't have much of a point. The last couple of lines is especially ironic since this guy worked at Lehman Brothers (which collapsed and went bankrupt in 2008). Perhaps the irony was lost on this idiot.

Quote
"It’s good to have a plan. It’s no fun coming up with a plan when everyone else is trying to come up with a plan at the same time.

Back in the 2000s, I had a thing for Greece. I watched The Bourne Identity, and at the end of the movie, Matt Damon finds Franka Potente renting bicycles on some remote Greek island, completely off the grid.

That sounded pretty attractive to me. I even remember looking up some Greek real estate at my desk at Lehman Brothers. It was 2003. Bear markets make you think of some crazy stuff."

legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
Despite significant increase in price over last few years bitcoin have gone through series of dumps in between that might have created a negative feedback from newbie bitcoin investors. Mainstream media are supported by governments and banks so they will always stand against bitcoin.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Yer average reader doesn't want to hear about outrageous success unless they're in on it. If it's framed as a curio then journos can write all they like, throw in some incredulity, some positivity and then wind it all up with 'and of course it'll all turn to shit'.

When it doesn't they can point to positive bits and credibility and history is neatly hedged. Hurrah.
legendary
Activity: 3892
Merit: 4331
As soon as MSM will say that bitcoin is the greatest thing ever, it would be a time (period) to sell at least some.
I remember when Apple was coming out of doldrums of pre-Jobs return era, every MSM article (1997-2003) had something about the "rotten" Apple. Those who bought then and held are doing pretty good, I think Wink.
legendary
Activity: 3710
Merit: 5286
Haha, Forbes at it again. Note the positive backhanded compliment title, but negative last paragraph:

Could Bitcoin Be Worth $619,047 In 10 Years?
https://www.forbes.com/sites/naeemaslam/2017/08/18/each-bitcoin-could-be-worth-619047-in-10-years/#78d6646f5168

Quote from: last paragraph

"However, if the Bitcoin supply goes unlimited which is feasible, because in August we also had an event of forking which gave birth to Bitcoin cash, things would change substantially. The value of new Bitcoin cash for now is approximately $5 billion. If the supply is not limited, the core foundation of cryptocurrency would shift and it a number of elements would come on par with central bank’s currencies."


Gotta leave 'em with that sour note!  Wink  

And gosh, who put the thought in the author's mind that Bitcoin should have NO coin cap??  Hmmm?  His boss, who is loyal to the deep state central bankers, perhaps?
hero member
Activity: 896
Merit: 521
Most of who write such article doesn't have deep understanding of Bitcoin. Many write negative articles because the government of that nation wants to propagate that idea among masses. What I believe is any type of publicity whether positive or negative only creates interest in reader to know more about Bitcoin and hence is good in turn.
legendary
Activity: 2688
Merit: 1192
I can imagine a lot of journalist's have heard about bitcoin and other cryptocurrencies in their time. It's likely they heard about it years ago and are upset that they missed the boat. It is always good to be skeptical so including negative viewpoints is helpful, bitcoin has shot up massively recently and could quite easily be in a bubble.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
I beg you, find me one that breaks this format pattern and prove me wrong!  Grin

Here you go:  Grin

https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html


Quote
Bitcoin's price has the potential to hit over $100,000 in 10 years, which would mark a 3,483 percent rise from its recent record high, an analyst who correctly predicted the cryptocurrency's rally this year told CNBC on Tuesday.

An analyst who predicted the rally told CNBC. Hey... they are just reporting the analyst's views, they aren't telling you to buy bitcoins.
And just in case you get the wrong ideas, the article also says the following.

Bitcoin's bad reputation

The bitcoin industry has had its fair share of problems and reputational damage. The digital currency has often had an image of being used for illegal means such as buying drugs online. The collapse of Mt.Gox in 2014, once the world's largest bitcoin exchange, is still fresh in the minds of users. Some members of the exchange are still waiting for compensation.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
I beg you, find me one that breaks this format pattern and prove me wrong!  Grin

Here you go:  Grin

https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html


Quote
Bitcoin's price has the potential to hit over $100,000 in 10 years, which would mark a 3,483 percent rise from its recent record high, an analyst who correctly predicted the cryptocurrency's rally this year told CNBC on Tuesday.
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