Some Research on Crypto Media Corruption

jeronimosuykens

member

Activity: 350

Merit: 10

Quote from: Don Pedro Dinero on June 09, 2018, 10:48:40 AM

If those are bull calls, McAfee one is a bull on fire one.

I don’t see your point. If someone in January last year had predicted a $20,000 bitcoin price by the end of the year you could have said it was a bull call. Bitcoin is a very volatile, new type of asset, so those kinds of predictions might seem exaggerated but if you look at the history you can see how many exaggerations have been accomplished.

I would understand you better if you had put some examples of fancy alts, or something, but not with those examples.

Any meaningful argument for price assumptions is not practical. Market prices are created by all other markets. In particular, the linkage creates economic and financial flows very quickly. And the fact that the cheaters predicted a bitcoin would increase. It's just speculation, take a look back at the market for major losses.

keycellko

full member

Activity: 406

Merit: 102

Its always the big people who funds media. That is not limited to cryptomedia so to speak. Clearly, the whales manipulation has made a big impact on the price of bitcoin. Putting up a negative news, selling of huge amount of bitcoin that will result to panic selling for new investors that is not yet familiar with crypto market. Putting up more negativity in the media and then buying a whole lot during the dip. This is the strategic plans of whales that most of us fall into.

aso118

legendary

Activity: 1918

Merit: 1012

★Nitrogensports.eu★

Quote from: davis196 on June 09, 2018, 06:43:05 AM

There is freedom of speech and opinions and every crypto whale can spread as many "bull calls" he wants.
The crypto media websites want more revenue,so they would be glad to help in promoting all the propaganda.
We have to figure out a way to fight fake news,but how can we distinquish good projects from the bad ones?

Freedom of speech is one thing and I agree that media outlets have the right to carry sensational calls, including these ones.
The problem I have is with promotional articles masquerading as news. Some outlets do call them 'sponsored' but this in lost in the fine print. Most times, it is a big advertisement for some altcoin which is run by these publications as news.

Lagrood

newbie

Activity: 728

Merit: 0

Oh, it is CNN again. I consider that experienced investor or trader have not to hear or listen to CNN seriously because it is a media content which is not applicable to real market. Moreover there are considerations that some articles or tv programms may be paid to tell wrong information. So, be careful when watching a listening to CNN and the similars.

Hydrogen

legendary

Activity: 2562

Merit: 1441

On a professional level, investment tips should come via default with "I am not currently invested in the asset I am recommending, nor do I benefit from promoting it" disclaimers. In a perfect world analysts, stock pickers or experts who recommend microsoft stock would not be invested in msft or benefit from the recommendation for their tips to be as independent, objective and unbiased as possible.

Of course, we do not live in a perfect world and its extremely common for many who recommend buying gold, silver, stocks, commodities and other investments to currently hold what they recommend others buy. In other cases, they serve merely as paid advertisements. What you're referring to is an extremely common practice which is ubiquitous and common everywhere money is found.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: Don Pedro Dinero on June 09, 2018, 10:48:40 AM

If those are bull calls, McAfee one is a bull on fire one.

I don’t see your point. If someone in January last year had predicted a $20,000 bitcoin price by the end of the year you could have said it was a bull call. Bitcoin is a very volatile, new type of asset, so those kinds of predictions might seem exaggerated but if you look at the history you can see how many exaggerations have been accomplished.

I would understand you better if you had put some examples of fancy alts, or something but not with those examples.

no the industry becomes basically a joke because constantly speculations are being promoted, there is almost no serious coin that has a purpose but attracting speculations, and media attention,

i wrote an essay about this regarding securities

https://www.cryptoproductivity.com/single-post/Securities-A-meaningful-emerging-Battlefield-against-the-Banking-Cartells-and-their-lobbism-and-the-real-deal-for-Cryptoeconomics

the media system around the cryptoindustry really turns corrupt and if security style assets are getting banned it gets even worse.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: davis196 on June 09, 2018, 06:43:05 AM

There is freedom of speech and opinions and every crypto whale can spread as many "bull calls" he wants.
The crypto media websites want more revenue,so they would be glad to help in promoting all the propaganda.
We have to figure out a way to fight fake news,but how can we distinquish good projects from the bad ones?

jes thats the point why are you so egalitarian regarding those whales that manipulate your fancy media to their own private gains?

regards

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

If those are bull calls, McAfee one is a bull on fire one.

I don’t see your point. If someone in January last year had predicted a $20,000 bitcoin price by the end of the year you could have said it was a bull call. Bitcoin is a very volatile, new type of asset, so those kinds of predictions might seem exaggerated but if you look at the history you can see how many exaggerations have been accomplished.

I would understand you better if you had put some examples of fancy alts, or something, but not with those examples.

kevoh

full member

Activity: 448

Merit: 110

Quote from: KingScorpio on June 08, 2018, 10:21:39 PM

we might discuss future solutions also how to get a trustworthy neutral media.

I doubt if there exist any trustworthy neutral media outlet. It's going to be a hard task justifying why a given media outlet is neutral as publishing a particular news is in itself a form of bias. I will like to see your attempts in your content/essay though.

davis196

hero member

Activity: 3150

Merit: 937

There is freedom of speech and opinions and every crypto whale can spread as many "bull calls" he wants.
The crypto media websites want more revenue,so they would be glad to help in promoting all the propaganda.
We have to figure out a way to fight fake news,but how can we distinquish good projects from the bad ones?

KingScorpio

sr. member

Activity: 1470

Merit: 325

I would like to write some content/essay together about the trustworthyness of the cryptomedia,

the systematic ills that some whales nowadays cause that fund media campaigns to make the people fals hopes for potential ponzischemes,

they sarcastically call those campaigns nowadays "bull calls" meaning they call bulls or (risk taking males) that seek to speculate bet their money as they think they are strong with their gambling wager.

unfortunately those bull calls are traps, as the campaigners have already bought token and do the bull call to later sell them more expensive.

we might discuss future solutions also how to get a trustworthy neutral media.

btw:

here are 2 examplatory bull traps i found in the fancy media:

https://www.ccn.com/bullish-call-bitmex-chief-predicts-50000-btc-by-year-end/
https://www.ccn.com/venture-capitalist-makes-a-bullish-call-bitcoin-is-a-screaming-buy/

regards

Topic: Some Research on Crypto Media Corruption (Read 154 times)