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Topic: Why Media is negative about Bitcoin? - page 11. (Read 3162 times)

member
Activity: 143
Merit: 11
March 25, 2018, 07:40:04 PM
Part to blame is information dissemination on part of respective financial agencies of countries that do not adhere to technological changes. Another thing is that some are spreading fuds to have acquired bigger stake in a cheaper price.
jr. member
Activity: 280
Merit: 4
March 25, 2018, 07:36:32 PM
it's all about price manipulation and global financial companies who want to get their fingers let us also not forget the new decision to allow futures trading on Bitcoin. People like CNBC are just a mouthpiece for the likes of Goldman Sachs, jp Morgan etc. and the information they provide is designed to transfer money to see the great results involved with Bitcoin, it also looks suspicious to many people. As a result, the media try to make people aware about Bitcoin as well. The only thing is that they need to do more research before coming up with news as it affects the price.
Yes most articles in mainstream media that I see are from reporters who are either in the late 40's or over 50's, the kind of person who generally do not embrace technology or do not understand it and if people do not understand something they usually fear it and look at it in a negative way, or in many cases they are told to push the negative aspects of it rather than the positives.   
full member
Activity: 434
Merit: 100
March 25, 2018, 07:33:08 PM
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


There are different companies out there who are being affected negatively by the growth of cryptocurrency and they are paying media's to create black propaganda's in order to reduce the investors of bitcoins for their company to survive as well.
newbie
Activity: 149
Merit: 0
March 25, 2018, 07:26:53 PM
it's all about price manipulation and global financial companies who want to get their fingers let us also not forget the new decision to allow futures trading on Bitcoin. People like CNBC are just a mouthpiece for the likes of Goldman Sachs, jp Morgan etc. and the information they provide is designed to transfer money to see the great results involved with Bitcoin, it also looks suspicious to many people. As a result, the media try to make people aware about Bitcoin as well. The only thing is that they need to do more research before coming up with news as it affects the price.
member
Activity: 840
Merit: 10
March 25, 2018, 07:15:40 PM
Its not the media but various organizations like banks and government agencies who run such FUD campaigns against Bitcoin in the media. Bitcoin threatens the monopoly and power of many organizations like the banks and governments and thus is a direct threat to them.

With the existence of the bitcoin, banks must be feel their bussiness disturbed. Bitcoin offering many advantages like low transaction fee and bitcoin more fast on transaction. Banks must be feed newspapers with bad news about bitcoin and make people to sell their bitcoin
jr. member
Activity: 224
Merit: 1
March 25, 2018, 07:12:04 PM
Because the media do not really know what's in bitcoin and can take a gap to try to spread misinformation to all of us, like making news headlines that are different from reality and as if to convince someone to click on the news, and they can make a lot of money from that. But we all know it is not a good way to earn money. They are lucky we are losers.
jr. member
Activity: 280
Merit: 4
March 25, 2018, 06:58:45 PM


Some people who don't understand bitcoin process is making fake news. People make reports with bitcoin that are not true. That is why some people are afraid to invest and will not join crypto because they are afraid to lose money. Some reporters and bloggers also wants to put cryto currencies or bitcoins down becs. they don't understand the deepest worth of it to many people.
Have to agree with that.   Also there is the fact that many large news organizations are part of corporations that have relationships with the banking and credit card sectors so a lot of it is driven by the multinational companies who do not like Crypto. 
member
Activity: 518
Merit: 14
March 25, 2018, 06:56:30 PM
since I know bitcoin of course I have to read and learn a lot. . sometimes there is news that bitcoin banned in Indonesia what the reason the government or the media to preach the news .whereas it is only a matter of months how the Indonesian government creates cryiptocurrency on the grounds to offset existing cryiptocurrency from before. or government kuwatir if people invest in bitcoin all so bitcoin in use as a means of transaction. or kuwatir currency value less in the interest of the public again.
member
Activity: 305
Merit: 10
March 25, 2018, 06:56:24 PM
Because they have no idea how it is being use. They just reporting what they just heard,  read but didnt know what exactly the main reason behind bitcoins popularity and increading demand.
full member
Activity: 310
Merit: 100
March 25, 2018, 06:47:07 PM
this is effect of some world billionaires like bill gates who once said that bitcoin can make you death. the media certainly make the criticism from sources that they consider to be a reference, especially in the economic field. I also still don't understand, why bill gates can't consider bitcoin as a profitable investment.
full member
Activity: 205
Merit: 100
March 25, 2018, 05:19:33 PM
You must have heard the proverb "Half Knowledge is dangerous", the same proverb applies to the media these days. Most of the journalists have absolutely no clue about the market and they just try to scare the people off. Also, a lot of people who weren't investing in bitcoin were hoping for the bubble to burst, and they did send a wave of negative vibes across the internet.
full member
Activity: 357
Merit: 130
March 25, 2018, 05:14:36 PM
this is effect of some world billionaires like bill gates who once said that bitcoin can make you death. the media certainly make the criticism from sources that they consider to be a reference, especially in the economic field. I also still don't understand, why bill gates can't consider bitcoin as a profitable investment.
sr. member
Activity: 504
Merit: 252
March 25, 2018, 07:49:57 AM
Almost all media from electronics, TV, newspapers, magazines and online media are always dominated by negative news about bitcoin, the impact is now felt as bitcoin prices continue to fall as many users are panicking with the negative news.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
March 25, 2018, 07:41:30 AM
Media's job is to publishing news . whatever the news is. They just need famousity . so they try to find out controversial news . so bitcoin is most controversial subject now a days.  So they publish about it . sometime negative some time positive. Negativity publish helps them to create controversy and make them popular as well. I think that's why.
member
Activity: 365
Merit: 10
March 25, 2018, 07:24:31 AM
Is not all about media is negative about bitcoin but people, government or an organization sponsored media to say negative thing about bitcoin. Many Government in the world are not very satisfied with decentralized cryptocurrency because with time Government will not be so much relevant.
legendary
Activity: 1120
Merit: 1003
March 25, 2018, 07:03:25 AM
media bosses are, of course, power-hungry people, and it is natural to begin to think that it is inconvenient to get such a big profit from such a large, illegal community. I hope that this news does not change the perspective of investors for every news and continues to support.they stop trying to prove that it is a ponzi or a fraud
member
Activity: 112
Merit: 12
March 25, 2018, 07:00:24 AM
All media are always dependent on someone! Therefore it is strange to expect from them an honest reaction
jr. member
Activity: 90
Merit: 1
March 25, 2018, 05:58:10 AM
Not all mass media is negative on Bitcoin, you are just more suseptible to bad news. But negative attitude of a certain part of leading global media sources is based on corresponding approach of their owners who often linked with traditional financing sphere or are state-controlled ones. Some others are just a strong tool of big players to manipulate the cryptomarket and public sentiments. It is just a business for them. Moreover, a lot of journalists personally still have a biased attitude towards blockchain technology and cryptotrading taking into consideration a wide spread of ignorance and prejudices among them ("criptocurrency is a bubble and Ponzi-scheme", etc).
But very often mass media simply follow trends, and if the whole situation around cryptoassets worsens they begin to force a negative approach and vice verse to draw attention. It helps them to be in the spotlight.
member
Activity: 150
Merit: 12
March 25, 2018, 05:36:07 AM
For media those news matters which can improve their ratings.When Bitcoin was going up they were not spreading such rumors but when the price of Bitcoin gets down they start warning people to get good ratings.
hero member
Activity: 994
Merit: 507
March 25, 2018, 05:33:42 AM
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?

Because of the risks involve in a very unstable market really. They are just warning tho and it really is up to the people really. If they view this as negatively or they are easily swayed by the media then it's their lost. Nonetheless, they are just a bunch of people fearing new things instead of learning, understanding and adapting in this wonderful technology which transcends any races or location in order to do transactions.
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