Topic: Something really fishy about the media couverage - page 2. (Read 2969 times)

That isn't the point, they already have what they wanted, the VC money...

Then the media found out Coinbase was faking it, and the coverage turned negative.

SFgate: "Bitcoin exchange claims it is 'regulated,’ but not in California"

Time Magazine issued a correction. The Wall Street Journal updated their article.  Tomorrow's coverage will probably be more negative.  Claiming you're regulated when you're not yields very bad publicity.

Just because they have some VC money apparently doesn't mean they have a clue.

First they deny it
Second they try to destroy it
Third they befriend it
Lastly they assimilate

Investors, economists and many other "high profile" business people said Bitcoin was crap because they either didn't fully understand it, or wanted to be the first grasping the territory.

Now they say it's amazing because they either realized they can get some profit out of it, or simply want people to go in so they can dump on their faces... At least that's what I envision that's going to happen in near future!

Now, "real" people (like NASDAQ and NYSE) are doing it instead of hackers and spoiled rich brats who won a lawsuit.

(I don't believe this, I'm just commenting on what I believe the media's opinion is.)

Didn't see that coming, huh?
Money corrupts

basically, whoever wanted to buy cheap already bought during recent V, hence a difference in coverage.
watch them going into the overdrive with a theme: "there are not enough bitcoins for everyone" once we hit the psychological two thirds (14/21) issued-projected somewhere in April.

Fishy? More Fishy that the coverage claiming that Cypriots were transferring money into bitcoin while their money was LOCKED into banks? I don't think so. I'd rather say bad reporting.

All this positive cover in the media is really fishy to me, suddenly we've got the whole media industry sheering for Bitcoin when 2 years ago ( around the first bubble in 2013) most economists were telling everyone that Bitcoin is bubble and it wouldn't work and whatnot, late 2013 when the price skyrocketed the institutional investors started investing in Bitcoin startups and even bought Bitcoin in some cases, and now they are pumping their investment and telling the world how cool is Bitcoin !!!

Most of the investors/media will tell you that Bitcoin is the biggest and most important invention after internet and it is the best financial invention in the last 500 years which is kind of insulting to all other important invention.... a deep look at the whole scene gives me the feeling that most of these pumpers don't give a single fuck about the real potential technology, nor most of users here do.


The most sane people I encountered in this community were developers, if I am to thank anyone, I would start thanking them, they are one of the rare objective people here around, and I think it has to do with their knowledge of Bitcoin's code and how unprepared it is to the masses, many and the challenges will be facing Bitcoin the next couple of years... so brace your self and watch how things develop.