Very little Press Coverage of Bitcoin's Rally this time - page 5.

Kevin77

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Quote from: Shenzou on December 25, 2016, 01:00:33 PM

The only thing that the news covers is things that people already know and use or seen , the lack of news coverage for the bitcoin is because people are not interested in it so even if they cover it people don't care about it so why bother covering the news of bitcoin's price going high that only 1% of the viewers are interested in it over covering the news of a dog saving a woman that 99% of the viewers will be interested in it .

You do have a point, of the media only covering what people will find interesting just to raise the number of views , but in some way not covering bitcoin is good for it.

I mean if many people know about it and us it it will make it harder for the 1% of us that actually care about bitcoin and have supported it for so long against for those who are new who came just for the quick profit and the quick money .

bitbunnny

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I don't see anything strange in this. I mean it's not that Bitcoin is usualy on the covers or presented much in.media and this rally is not some big spectacle. It's true that Bitcoin misses good presentation and marketing in media but this has to be done systematicaly not just on certain occasions.

deisik

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Quote from: Xester on December 26, 2016, 11:45:39 AM

There is little press coverage on the part of bitcoin since the major holders of bitcoin and the developers of bitcoin are not giving money for the press to cover a wide and clear news about it. Whilst, ethereum has big sharks in the US and Europe, this giant investors has of course released a big amount of money to promote Ethereum so they can profit more. Actually Ethereum tried to replace bitcoin this year, but better luck next time, more power to bitcoins.

When you think about it, you inevitably come to understand that spending a big amount of money to promote some other money is an absurd thing in and of itself unless you are going to scam eventually, of course. There is more than enough room for any currency, and if it does offer some advantages before other currencies, people who need these beneficial qualities will use this currency. Otherwise, it is no more than a copycat by any name, and there no reason for it to exist...

And no amount of money poured into it will change that either

Xester

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There is little press coverage on the part of bitcoin since the major holders of bitcoin and the developers of bitcoin are not giving money for the press to cover a wide and clear news about it. Whilst, ethereum has big sharks in the US and Europe, this giant investors has of course released a big amount of money to promote Ethereum so they can profit more. Actually Ethereum tried to replace bitcoin this year, but better luck next time, more power to bitcoins.

panju1

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Quote from: alyssa85 on December 23, 2016, 01:06:57 PM

All I could find are the following articles:

https://www.bloomberg.com/news/articles/2016-12-23/bitcoin-surges-above-900-on-geopolitical-risks-fed-tightening
http://www.zerohedge.com/news/2016-12-22/bitcoin-soars-above-900-china-opens
http://uk.businessinsider.com/bitcoin-price-breaks-900-on-december-23-2016-12

This is in sharp contrast to Dec 2013 when everyone but everyone was covering it.

It's also in sharp contrast to the Ether pump, which even had the NYTimes busily talking about how ETH would replace BTC.

There was an article in Reuters and this has been published by media houses across the world.
http://uk.reuters.com/article/uk-global-markets-bitcoin-idUKKBN14B1HD

The rally has been covered widely, just that it is not consistently hitting the headlines.
When an ATH is reached, that will happen too.

OROBTC

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Quote from: deisik on December 25, 2016, 09:48:30 AM

Quote from: Shiroslullaby on December 23, 2016, 04:02:59 PM

Most people still have no idea what Bitcoin is.
That might mean that even buying in at $800 to 900 could make you an early investor.
Imagine a scenario five years from now where Bitcoin is actually covered in the mainstream media and the price is watched like the stock market.
Owning at least a coin or two would put you in a much better position than 99% of the population.

We can only hope for that

Personally, I think that wide and wild coverage of Bitcoin by the mainstream media would render Bitcoin poor service right now. It is not yet ready for mass adoption by ordinary people that will surely get interested if they are being constantly told about Bitcoin on the TV or at major news sites on a daily basis. At least, not until the Bitcoin network can process a much greater number of transactions and more of them can be accommodated in one block of the blockchain

Quote from: r0ach on December 25, 2016, 09:36:43 AM

There is not much for them to cover unless it breaks ATH. "Bitcoin up 10%" is not exactly a big or abnormal happening lol

I was really surprised when I saw a couple days ago a piece about Bitcoin price surging at the local news site which I follow (and it is mainly about politics and everyday news)

Yeah, I think deisik and lumeire have it right.

It's probably better if there is little or no BTC hype until the Bitcoin system starts is able to handle more ttransactions and is easier to use by the general public. The system needs improvement for the average person to use effectively.

angaper

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It is perfectly understandable this little coverage, because three years ago the bitcoin started to be considered "the money of the future" and there was great expectations about its potential. Its eventual fall, the increased criticism and unsolved problems caused a great disappointment in most mass media and that is why they started to lose interest in this currency.

densuj

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Quote from: alyssa85 on December 23, 2016, 01:06:57 PM

All I could find are the following articles:

https://www.bloomberg.com/news/articles/2016-12-23/bitcoin-surges-above-900-on-geopolitical-risks-fed-tightening

http://www.zerohedge.com/news/2016-12-22/bitcoin-soars-above-900-china-opens

http://uk.businessinsider.com/bitcoin-price-breaks-900-on-december-23-2016-12

This is in sharp contrast to Dec 2013 when everyone but everyone was covering it.

It's also in sharp contrast to the Ether pump, which even had the NYTimes busily talking about how ETH would replace BTC.

Well i think it is not becoming problem for growing of bitcoins and other coins, because the most important factor for growing bitcoin is not how much the media talking about it the media can be bullshit, but how much the peoples adoption bitcoin and how much the developers being seriously building bitcoins and fixing about the bugs.

buwaytress

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Quote from: alyssa85 on December 23, 2016, 01:06:57 PM

All I could find are the following articles:

https://www.bloomberg.com/news/articles/2016-12-23/bitcoin-surges-above-900-on-geopolitical-risks-fed-tightening

http://www.zerohedge.com/news/2016-12-22/bitcoin-soars-above-900-china-opens

http://uk.businessinsider.com/bitcoin-price-breaks-900-on-december-23-2016-12

This is in sharp contrast to Dec 2013 when everyone but everyone was covering it.

It's also in sharp contrast to the Ether pump, which even had the NYTimes busily talking about how ETH would replace BTC.

Actually, that's probably because bitcoin breaking 900 again isn't really bitcoin all alone. All the alts that were slumping followed suit... and it was a culmination of the dollar itself dropping, as can be surmised from the articles themselves. If bitcoin were to reach its all time high soon, then the media would sit up a little bit.

coolcoinz

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Quote from: Blavatsky on December 25, 2016, 11:07:04 AM

lots of crazy stuff happening, so they don't look at BTC too much

you know, Trump, planes crashing, Aleppo, terrorist attacks, and all sort of things

And a Russian plane crashing with no survivors...
Maybe it's nothing special and unexpected and that's why there's not that much press. 2 years ago people were expecting Bitcoin to break ATH and it made us wait for so long. When it happens there's going to be a lot of press, I promise you.

fortunecrypto

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Maybe they are still waiting for Bitcoin to hit $1000,anyway it's holiday break let's wait for the start of new year and let's see if they are still interested to cover Bitcoin,anyway who needs the press as long as Bitcoin price is increasing.

lumeire

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Quote from: alyssa85 on December 23, 2016, 01:06:57 PM

All I could find are the following articles:

https://www.bloomberg.com/news/articles/2016-12-23/bitcoin-surges-above-900-on-geopolitical-risks-fed-tightening

http://www.zerohedge.com/news/2016-12-22/bitcoin-soars-above-900-china-opens

http://uk.businessinsider.com/bitcoin-price-breaks-900-on-december-23-2016-12

This is in sharp contrast to Dec 2013 when everyone but everyone was covering it.

It's also in sharp contrast to the Ether pump, which even had the NYTimes busily talking about how ETH would replace BTC.

IMO it's better this way. Everything the mainstream media gets involved with gets messed up. If they were to cover this price hike we'd probably bubble again and pop immediately.

Shenzou

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The only thing that the news covers is things that people already know and use or seen , the lack of news coverage for the bitcoin is because people are not interested in it so even if they cover it people don't care about it so why bother covering the news of bitcoin's price going high that only 1% of the viewers are interested in it over covering the news of a dog saving a woman that 99% of the viewers will be interested in it .

RealBitcoin

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First they fight, you , then they ignore you, then we win.

The media has realized that even negative publicity is good for Bitcoin, so the best they can do is to ignore it entirely.

Wait till all the central bank coins come out, they will probably hype those, but not BTC.

Blavatsky

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lots of crazy stuff happening, so they don't look at BTC too much

you know, Trump, planes crashing, Aleppo, terrorist attacks, and all sort of things

khan856

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I would say it's time to shut off your tv and post online instead. Make more social posts that everyone can read in simple short posts. Because Mainstream will never cover the BITCOIN news as they are getting paid by the bankers to cover and make news about them. Not decentralized currency which are against their will..

BitHodler

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Quote from: Red-Apple on December 25, 2016, 10:10:32 AM

there are a lot more than what you have found here for sure.

but the problem is that this was not really a big rally. we only broke the $800r resistance and went mad with the price a little bit. the rally was in the good old days when price went up to $1000

It was a decent rally where I really thought that at the time the price would break through $900 the media would surely jump on it. It however didn't happen.

I am sure it will happen at the time the price reaches $1000 as that will be somewhat of a worthy item for the mainstream media industry.

If at that time they still don't cover Bitcoin reaching $1000, then we can safely assume that it isn't being published on purpose. Only time will tell as we need to reach $1000 first.

Red-Apple

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there are a lot more than what you have found here for sure.

but the problem is that this was not really a big rally. we only broke the $800r resistance and went mad with the price a little bit. the rally was in the good old days when price went up to $1000

iram3130

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Quote from: r0ach on December 25, 2016, 09:36:43 AM

There is not much for them to cover unless it breaks ATH. "Bitcoin up 10%" is not exactly a big or abnormal happening lol.

They are not getting it right. The price increased in an exceptional way compared to what had happened previously. But because of the volatility many people are scared to buy o sell. Shocked

deisik

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Quote from: Shiroslullaby on December 23, 2016, 04:02:59 PM

Most people still have no idea what Bitcoin is.
That might mean that even buying in at $800 to 900 could make you an early investor.
Imagine a scenario five years from now where Bitcoin is actually covered in the mainstream media and the price is watched like the stock market.
Owning at least a coin or two would put you in a much better position than 99% of the population.

We can only hope for that

Personally, I think that wide and wild coverage of Bitcoin by the mainstream media would render Bitcoin poor service right now. It is not yet ready for mass adoption by ordinary people that will surely get interested if they are being constantly told about Bitcoin on the TV or at major news sites on a daily basis. At least, not until the Bitcoin network can process a much greater number of transactions and more of them can be accommodated in one block of the blockchain

Quote from: r0ach on December 25, 2016, 09:36:43 AM

There is not much for them to cover unless it breaks ATH. "Bitcoin up 10%" is not exactly a big or abnormal happening lol

I was really surprised when I saw a couple days ago a piece about Bitcoin price surging at the local news site which I follow (and it is mainly about politics and everyday news)

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