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Topic: Why media against bitcoin ? (Read 2895 times)

jr. member
Activity: 196
Merit: 2
“Revolutionising Marketing and Loyalty”
April 18, 2018, 12:22:50 AM
Nowadays, the owner of a media will greatly influence the content of the media to be reported. Bitcoin closely related to a government of a country, when further investigated bitcoin may be related to a politics and it will be an easy target media to drop bitcoin. It all depends on who the owner of the media. Right now is there any media that perform its function without any interference of other party?
full member
Activity: 1100
Merit: 169
April 17, 2018, 09:08:34 PM
Media right now still spreading bad and wrong stories about Bitcoin, and that's the main reason discouraging so many people to investing in this currency. Media platforms are owned usually by governments and the biggest business men and both aren't really supporting crypto currencies actually.Roll Eyes
Yes this is a very important point of view and this is what i just said...dont forget that the media is the the fourth power and she has a direct relation with the government
full member
Activity: 1100
Merit: 169
April 17, 2018, 09:02:09 PM
Bitcoin is a new thing for the maiority of countries in the world and he touch the financial side of the countriy,so as long as the bitcoin havn't a stable valeu in the market media will always warns of the bitcoins risks
hero member
Activity: 1918
Merit: 564
April 17, 2018, 08:56:53 PM
Let us remember that mainstream media is all about generating revenue and profit and Bitcoin is something they won't get anything out of, upfront.  As Bitcoin was able to generate and revolutionize it's own economy without the help of mass media, the mass media, perhaps, therefore find it unfitting to promote bitcoin as it serves no economic purpose unless they undermine it's existence.

But then again, this is just of my own concept and reasoning, come to think of it.
member
Activity: 896
Merit: 10
April 17, 2018, 08:52:59 PM
Maybe because bitcoin is still quite new to the investment market. Secondly not support by any government, mass public might see it as a bubble or just a trend and it will die off soon, only after btc can show that it can sustain then people will start to see the good and value in it
member
Activity: 126
Merit: 23
April 17, 2018, 08:43:02 PM
Bitcoin or other crypto currencies are very sensitive to news, because too many traders are in this currency.
The trader will make the news as a fundamental analysis of this currency.
For good news, traders will use it by buying this currency. whereas if there is bad news, they will soon sell the currency.
full member
Activity: 350
Merit: 100
April 17, 2018, 08:21:48 PM
maybe the media want to bait the watcher about fake news and bad news about bitcoin, because people will curious about bad news about bitcoin. or maybe media want to getting profit from their bad news, when the bad news launched the price of bitcoin will going down and maybe the media use this opportunity ti buy bitcoin
jr. member
Activity: 96
Merit: 1
April 17, 2018, 05:25:52 PM
Media right now still spreading bad and wrong stories about Bitcoin, and that's the main reason discouraging so many people to investing in this currency. Media platforms are owned usually by governments and the biggest business men and both aren't really supporting crypto currencies actually.Roll Eyes
member
Activity: 139
Merit: 10
April 17, 2018, 04:20:06 AM
Perhaps most media at this stage against bitcoin.But these media are controlled by governments and private investors who are not interested in the functioning of bitcoin.There is also yellow journalism or black propaganda to form a negative opinion about bitcoin. Unfortunately, the media does not have a deep analysis of the development and functioning of bitcoin, the elimination of technical problems in its implementation in various spheres of people's lives. But progress is on - we're starting to see more articles about the future, the value, and the staying power of Bitcoin.
newbie
Activity: 123
Merit: 0
April 14, 2018, 04:51:42 AM
the reason is very simple Since the media is controlled by the government or private investors, we've also heard a lot of misinformation on my national television about crypto. And beginners do not know if they are told the truth or not. the author's knowledge of Bitcoin is very minimal and besides banks and officials in the field of finance to fight Bitcoin,
then the spread of news or video is a bad thing about Bitcoin ...
member
Activity: 267
Merit: 10
April 13, 2018, 08:27:31 PM
You can see some governments that today say they will support bitcoin and tomorrow is in the media to criticize bitcoin. For people who have a particular bank and government who want to have complete control over all its citizens so they do not consider bitcoin as a good thing.
sr. member
Activity: 1470
Merit: 325
April 13, 2018, 08:20:01 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

media will always be against bitcoin,

the more bitcoin completes his role of removing bankin cartel power, the more bitcoin will be considered as an only powerty creating & ressource wasting cryptocurrency.

as long as the bankers have power bitcoin will be valuable and supported, when "licensed" bankers lost all their power bitcoin will begin to lose power as its creating poverty and will be considered immoral.

its perfectly balanced.
sr. member
Activity: 882
Merit: 268
April 13, 2018, 08:16:24 PM
Traditional mass media are always against what comes against the rules.
Bitcoin now is  presented in the least  favorable light in the media.
The media are interested in scandals - scandalous information is the easiest way to attract today's readers and viewers.
So what we have to do is just not to pay attention to all these scandals for not to produce panic in the market.


against it will require a lot of crypto media to bring only positive articles, conventional media that are only interested in rank and controversy, they look very stupid as it presents the news without them being fully understood (inactive involved), finally many people finally realize they are incompetent to bring bitcoin in their news and only rely on non-revolutionary logic.
newbie
Activity: 99
Merit: 0
April 13, 2018, 07:47:36 PM
Traditional mass media are always against what comes against the rules.
Bitcoin now is  presented in the least  favorable light in the media.
The media are interested in scandals - scandalous information is the easiest way to attract today's readers and viewers.
So what we have to do is just not to pay attention to all these scandals for not to produce panic in the market.
newbie
Activity: 221
Merit: 0
April 13, 2018, 07:05:54 PM
They just think about how their news is received by the audience and increase the level of the channel. In the basics they do not really know the other bitcoin and crypto.
sr. member
Activity: 574
Merit: 251
April 13, 2018, 06:46:53 PM
As we know since the fantastic price hike last December has made many people until the country worried about the development of bitcoin, it certainly makes them do everything possible to give bad facts about bitcoin, and the media becomes the first thing they influence by paying articles which is negatively charged.
newbie
Activity: 49
Merit: 0
April 13, 2018, 06:21:47 PM
Most people or news channels that criticize bitcoin and altcoins do so because they do not understand what bitcoin and altcoins are. Why it has become normal for people to judge things they do not know they do not even think before publishing articles that criticize bitcoin and altcoins. You can see some governments that today say they will support bitcoin and tomorrow are in the press to criticize bitcoin. For people who own banks and certain governments who want to have total control of all their citizens so that their people become enslaved to their system, they do not look at bitcoin as a good thing. I myself do not watch certain news channels because they are news channels manipulated by the government or are manipulated by the elite of the political party that commands the country

and also aside of that, maybe they are paid too. And they don't have much knowledge about biycoin they are just doing there job. But it's also a good thing because theres a lot of people out there who became interested what bitcoin really is. I do believe that bad publicity is s still publicity. Think also it's positive side.
sr. member
Activity: 658
Merit: 254
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April 13, 2018, 05:53:41 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

No media is not against anyone or against bitcoin. Media goes where the headline is. The most tragiic and unwanted events about a certain thing that would caught the mass attention. It is negative news because negative things creates fear and fear can have a big impact to the audiences of all age.

Well, the mainstream media are run by government, hence they feel threatened by the decentralized currency. On the other hand there is number of countries which are crypto friendly and recognize it as an opportunity and growth development
Some media are just not into the side of the government. Some just wanted a big issue. They see that bitcoin will soon be the favorite talk of everyone so they are taking the advantage to get most of the information to have the spotlight on them.
member
Activity: 140
Merit: 12
April 13, 2018, 05:25:09 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?


Maybe your just only misunderstand what media really want to report or maybe media is just warning the people to be careful of using or investing bitcoin. More than that, there are also country that really ban bitcoin because maybe it could affect to there people or they misinterpret bitcoin.
newbie
Activity: 28
Merit: 5
April 13, 2018, 02:41:30 AM
Well, the mainstream media are run by government, hence they feel threatened by the decentralized currency. On the other hand there is number of countries which are crypto friendly and recognize it as an opportunity and growth development
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