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Topic: Why media against bitcoin ? - page 22. (Read 2809 times)

legendary
Activity: 1652
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January 19, 2018, 11:49:41 AM
Lots of the reason the media is against bitcoin is because the journalists spent years saying "this is a fad" only to see it soar which leaves them sore because they've missed out on gains.

There is a good example in today's Financial Times titled "I told you investing in bitcoin was a bad idea":

https://www.ft.com/content/42822ebe-fc4a-11e7-9b32-d7d59aace167

The author devotes a lot of time pointing out Bitcoin has fallen 50% from the all time peak, but fails to mention that it is at teh November levels, and the rise from last January makes the coin a 10-bagger.

The only people who have lost money are those who bought in December at the highs.
sr. member
Activity: 504
Merit: 250
January 19, 2018, 11:17:18 AM
maybe bitcoin is very meaningful to individuals but not to groups / companies and even countries, because it does not have a price stability that can menimbullkan big risks. so they speculate that bitcoin is not profitable.
sr. member
Activity: 364
Merit: 267
January 19, 2018, 11:16:13 AM
We all know that most of the government doesn't support bitcoin and consider it to be a threat to the economy of their country. I guess that is one factor why most of the news in social medias or television is negative so that people will loss interest in bitcoin and think about it negatively because they are not knowledgeable about cryptocurrency.
full member
Activity: 251
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January 19, 2018, 11:09:35 AM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
No thats wrong, media is not against in bitcoin or any other things but the person who are using it or have an access to media are the one who are can manipulate the things that are happening in media.
hero member
Activity: 679
Merit: 500
January 19, 2018, 11:09:24 AM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
Mainstream media is ran by the government and other large companies. Bitcoin for them is a threat because it creates another platform for some people who wants to have an investments which competes with the way they market their company through stock exchanges. Government also consider bitcoin a threat to their country's economy. Media usually just want to create stories so that they will get more attention to some of the people.
full member
Activity: 448
Merit: 110
January 19, 2018, 11:06:22 AM
Because some of the media does not want people to know that you can achieve a lot of your dreams and goal this easily and i also do not believe that it could be done this easily when i started but now i know it is and i think we should all share this idea with our close friends and family members to help them achieve their goals too.
hero member
Activity: 910
Merit: 501
January 19, 2018, 10:53:30 AM
The media want to earn money, just like everybody else.
In general bad news sell better than good news. And they stay longer in the mind of the people.
I have once read an article in which a scientist explained that this is some kind of evolutionary thing.
So I think what media do is to earn as much as they can. And for them that means to point out the negative sides of everything.



member
Activity: 350
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January 19, 2018, 10:53:20 AM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

because the media want to try to make bitcoin prices down and give them a chance to get profit, so if there is a media that spread negative information about bitcoin then get ready to buy as much bitcoin as possible because that is the right moment when the price goes down buying bitcoin.
full member
Activity: 504
Merit: 100
January 19, 2018, 10:36:57 AM
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 reason behind this kind of media lashing against bitcoins is to manipulate the price. As we all know, the media has a lot of influence on a lot of things specially on the people. When the media blurts out that bitcoin is a scam, people will believe it specially when it comes from a reliable source. This allows a movement in the price which some wealthy whale is celebrating to.
member
Activity: 182
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January 19, 2018, 10:30:19 AM
well there are people who were bad informed about bitcoin so they don't believe in it. Of course they spread the bad news because that's what they do..
member
Activity: 154
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January 19, 2018, 10:29:25 AM
Media is providing the news that is paid by the mighty people which are not fully supporting the Bitcoin. Bitcoin is representing the big threat to them and their way of the living because if the full progress of the Bitcoin is achieved many powerful people that ain't connected with the Bitcoin will suffer the big loss. Media is the propaganda that is restrained by the government.
newbie
Activity: 182
Merit: 0
January 19, 2018, 10:28:01 AM
i was speaking to a friend earlier telling him about bitcoin and he was so quick to disapprove it calling it a scam. ANd i thought to myself that this my friend has this thought because of the way the media has chose to portray BTC.

When in the long run, its got its numerous advantages. i dont blame the media sometimes... there are so many spammers out there making BTC look like a bad thing.
full member
Activity: 546
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January 19, 2018, 10:22:27 AM
easy answer, because they want to buy cheap bitcoin. everything is money oriented right now in this world
hero member
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January 18, 2018, 02:40:07 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
Simple they are bought, the media used to be independent but now they depend greatly from the money of governments and banks and that means they are now their dogs, and they will do everything that their masters ask of them and if that means talking ill of bitcoin they will do it.
sr. member
Activity: 353
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January 18, 2018, 02:12:41 PM
Media always trash about everything. Scandal gets views.
newbie
Activity: 51
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January 18, 2018, 02:11:32 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Because drama sells newspapers...or clicks on a website. This is also the natural progression of human acceptance of a new technology. First people criticize it as a fad, then they say "well I would never need that", then they start to get curious, then they realize the want it, and finally they realize the need it.

We're in the "well I would never need that" phase with a few people starting to get curious.

Bitcoin's been making its epic run all year long. The mainstream media didn't care until August. And when they were reporting in August the news was all about "epic run, it's a fad, it's a bubble, bitcoin fans are foolish!" Now, in December, we're starting to see more articles about the future, the value, and the staying power of Bitcoin.

It's been fun to watch! Don't worry about the mainstream media...worry about your own personal comfort level with Bitcoin.

That is a good observation and it is true. For news and media, they need catchy article topics to get visitors. When the market is normal without much change, it is not good fodder for news. But if there is a sudden spike or steep fall, news article starts reporting it and general audience gets attracted to the news article. So, whatever comes in the news are more dramatized.
member
Activity: 97
Merit: 11
January 18, 2018, 02:01:26 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

Even bitcoin have a thousand of good things, people always remembers the bad things of it. That's why media chose to show the negative news about bitcoin. If the news get a high rate, the more profit they will earn. That's their style of earning.
hero member
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January 18, 2018, 01:51:57 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

This actually depends on the media itself. There are some media supporting crypto currencies and some of them is against. As you all know that market is dominantly owned by bunch of whales and each of them own some media organizations. They all control media to manage our fears to control prices.
if theres only someone that willing to pay those media outlet to stop barking against crypto maybe this issue would be resolved easily..media platforms only waits for money to make their story shut and do other news ..and besides this media moves helps crypto for popularity wile they always making news about this communitu
full member
Activity: 392
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January 17, 2018, 06:41:55 PM
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?

when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
Simply all the news that they are forecast was about those people who get scmamed in bitcoin. Thats why people think negative on it. Its really hard to make them believe that bitcoin was good if all the news was always talking about scam. But when they started featuring about successful people because of bitcoin maybe it will change.

Not all media against digital currency ,there are some media who like bitcoin and they commercialize the godness done of bitcoin throughout the world,while other media become critics of bitcoin because they think its decentralized and not taxable and the government would not gain profit on it,but if they open up there mind and givens chances digital currency to spread the benefits of every country,and they become bitcoin as a legal investment,all of us will become benefited of its fruit of labor.
full member
Activity: 798
Merit: 117
January 17, 2018, 06:34:06 PM
News/Media are just publishing some awareness but the major problem here is our government who are controling people mind they use media to show that bitcoin is a fraud or scam. but think of it bitcoin drop like 50% but if it goes up then we could see another all time high.
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