Why media against bitcoin ? - page 15.

sabarr

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

I think the media are not against bitcoin, they just write the news being talked about right now and they just write to pick up the news they make.

FARid211

jr. member

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i think it is a media policy... bitcoin is now popular and everyone have a curiosity about bitcoin and media takes its benefit by negative command.

Heronzkey

member

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there are some media that seems to be against bitcoin because he does not know what bitcoin is, but some media do not mean that it's good to tell the reality of the events.

semarmesem195

member

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Actually in my country bitcoin is still illegal but i have never heard negative news about bitcoin in traditional social media, and for social media like fb, blog, twiter etc. many are advertising (promoting) bitcoin as the best investment place. I think if that happens in your country it's because the newsmaker wants to earn a profit in order to be trending by spreading the news of lies about bitcoin.

mikaeltomcruz12

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I think not all media is against to bitcoin I think Because of there source regarding about bitcoin. Not all media really know what bitcoin is all about there are depending on what there source of news said.

Inn0vative1

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There are various reasons for this. People always have vested interests, including and especially the media.
When Bitcoin was first created it was dismissed as some hackers pet project. I can bet you if the power structure (governments, banks) had the foresight and had known what it would become, they would probably have tried to stop it earlier. Bitcoin could probably have been stopped a lot easier in 2008/09 that today. There were only a handful of people who had nodes running. As Bitcoin has exploded, some people are trying to cash in, others are trying to destroy it because they realize it's potential. The people with the most to lose I believe are centralized institutions such as banks, and to some degree authoritarian governments. These interests are usually intertwined with media companies, thus bad press comes from some of these sources.

ignacio0404

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Yeah bitcoin right now has really been wide for media, they thnk bitcoin is a scam. But they didnt look their eyes on the very important spot of trading though

Pinoyfan

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Media is against bitcoin maybe because they havn't full knowledge of how it works and how it will help our economies progress. As a media before reporting it they should be careful and have a lot of evedencies before saying bad things to a certain issue.

buhchain

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Because in fact, many countries do not accept bitcoin, the media can not report to the law has not been recognized affairs.

freshm4ker

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For me, people who have a medium sangant want bitcoin prices down to be able to buy bitcoin when the price is cheap. Media is the most effective way to impress public opinion to participate in bitcoin. Cool

johnwhitestar

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Slimcoin - the Proof of Donation inventors!

Because all the cryptocurrencies are all about speculating, except one.
It's time for the people to understand that the real purpose of cryptos is to help the world, not to speculate making others poorer.

reck1ess

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Might be that medias are being paid by the businesses owners specially those who were in the banks. For it affect their economic growth and they are losing investors due to hype on investing in cryptocurrency especially when bitcoin value hits $20,000. They are discouraging everyone using mass media like news reports on tv so that they will regain their investors and they will have less competitors, but due to the fact that bitcoin is controlled by no one and is functioning using internet then they can't stop it and leaves them no option but to use the medias.
I have my experience of this also when my mom try to convince me to stop using bitcoin for it is a scam they said because they saw it on a news. They also told me that it is not legal (although it bitcoin isn't banned in our country). But after showing them the result and the profit i have made, they also stop trying to stop me in investing in cryptocurrencies. I also explained to them about why the media are doing this. Even governments are againsts in cryptocurrencies and today, many countries are making war with cryptocurrencies.

coinlawyer

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Do You ask yourself a question of how many media in the world is controlled by government or hang up due to high cenzor conditions, settlled by the local authorities, especially in such countries as China and Korea? If You answer this You`ll get clear why they have to be against bitcoin.

Alpha0One1

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Most people are always resistant to change. Since crypto currencies are still new and most people don't understand it, they will say all negative things about it.

Those who took time to learn something that is new, the early adopters, also benefit the most.

I recall a study last year that only 2% of the entire population is into cryptocurrencies. I wonder what the new study is now since we've seen an exponential growth last 2017.

Loveaaronbaby

newbie

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Because traditional media do not understand bitcoin.
They are conservative in their thinking.
Think it's a hoax.

Kupid002

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Quote from: kinzey on January 27, 2018, 10:49:43 AM

Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Most big media is also controlled by big banks. And by that is also against the bitcoin. It is always bad news because negativevity sells. And if bitcoin price is low. Then they can invest more. Greed and money go hand in hand.

exactly that more that media may against about it just because some banks dont want it , so they may publish a lot of negativity information about bitcoin and that is why they may look against about bitcoin.

GalahadSeika

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I absolutely agree just late this evening I watched news about bitcoin being so risky and it should not be tolerated by many people. I think that traditional mass media is against bitcoin because do not know what is bitcoin really they just telecast news that they've gathered overnight. I am pertaining to television news, radio and newspaper however into the social media like facebook, twitter, etc it is the opposite because bitcoin is really flourishing out there various complements are received by bitcoin from the people who knows truly what is bitcoin.

Bdstar

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Media not only playing a negative role regarding this issue but also playing the positive role about this issue. Nowadays, people are getting updated from media and they are getting panicked after seeing any negative news regarding this system. I think most of the news agency based on the buseness person and who's are engaged with the conventional monetary system. Also legal issue is another reason for this reason.

doraegun

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Quote from: bitex.in on December 29, 2017, 12:33:41 PM

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

I don't know how did you know that Media against Bicoin. According the rules of Media before they are a member of Broadcasting, they will always in the middle not being biased. so I think it is only broadcast in fair and then it will misunderstood for some viewer.

Kansabanik420

newbie

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According to me,there are two reasons.First,they against bitcoins ,because they dont't know actually what it is and how to use it.Without any idea they went against this cryptocurrency.Second,the medias who went against it,actually want to catch the attetion of public .Some governments also admit it as currency but the medias are protesting them calling "Bubble" which can burst out at anytime.

Topic: Why media against bitcoin ? - page 15. (Read 2853 times)