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Topic: Why Media is negative about Bitcoin? - page 18. (Read 3162 times)

sr. member
Activity: 574
Merit: 250
March 23, 2018, 03:35:00 AM
I don't think every media is negative about Bitcoin. Every media is looking for a hype subject. If you provoke panic than it has a big impact. And it doesn't matter weather it's a panic-buy news or panic-sell))
sr. member
Activity: 476
Merit: 250
March 23, 2018, 03:27:25 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?

I think they intend to do that when the people are panic sell, they can buy Bitcoin at a cheap price.
I think it's normal because Bitcoin is famous now and many people want to buy more Bitcoin at a cheap price.
full member
Activity: 221
Merit: 101
March 23, 2018, 01:53:06 AM
We all know that the mainstream media in the USA is spotty, to say the least. Reporting is almost always very biased and very rarely provides real substance. The mainstream media is very biased against Bitcoin and crypto in general, and they have been relentlessly trying to crash the market.
member
Activity: 266
Merit: 16
March 23, 2018, 01:42:16 AM
Yeah I agree with it why media are spreading negative thoughts about bitcoin. Maybe only they know about bitcoin is trading they don't know that bitcoin could help the community to reduce the poverty not only in trading but also here in forum.
sr. member
Activity: 696
Merit: 258
March 23, 2018, 01:17:43 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?


Most of the media is controlled by banks or persons or companies which is against Bitcoin. Media news cannot be true always and there are news spread to make people panic which is actually a false news spread by Media to make their TRP high and to make their opposite entity weaken.

Always filter what is correct and what is wrong in news and we shouldn't believe what ever is spread in media is true.
newbie
Activity: 22
Merit: 1
March 23, 2018, 01:11:49 AM
In an unstable market and many inexperienced investors. The market most depend on news, media. That's how sharks control prices
hero member
Activity: 1274
Merit: 513
March 23, 2018, 01:07:04 AM
Other media release negative feedback to bitcoin because they want to see bitcoin decreased more the price become failed. But they have other media also that gives posstive feedback about bitcoin and that's good to us because if the media release that news they have possibility the investor will invest to bitcoin. We know media is powerful and most of watcher trust 100 percent of they hear and see.
member
Activity: 394
Merit: 10
March 23, 2018, 01:04:31 AM
if I think the amount of news about bitcoin in the media is a good thing to be a positive or negative aspect so that we do not have the hard drive for a hard campaign and we just have to straighten it wrong on the right because for me they are just looking for popularity
newbie
Activity: 56
Merit: 0
March 23, 2018, 01:00:36 AM

As an industry insider, it is sometimes very hard to admit that bitcoin suffers from serious negative perception issues: that in the minds of many people bitcoin is still automatically linked to thoughts of drugs, terrorist financing and money laundering.

Needless to say, this has massive implications for all potential stakeholders: It slows down consumer adoption, it has regulators set the bar unreasonably high for bitcoin companies to operate and many banks still refuse to provide bitcoin companies with simple operating accounts.

All of this results in the stifling of innovation, the creation of an unfair competitive environment, and ultimately, a negative connotation for the consumer who is meant to reap the benefits of this new and useful technology.

We've spent enough time with all these stakeholders to reasonably assert that most of these concerns are driven by perception and emotion, rather than facts and data. Are there risks around bitcoin? Yes, of course - they exist in all financial systems.

The more important questions are to ask what the nature and extent of these risks are, and if and how well they can be mitigated, relative to the benefits this new technology brings to society.
full member
Activity: 350
Merit: 100
March 23, 2018, 12:49:13 AM
people would like to use bitcoin but the media is spreading negative news about bitcoin and the crypto i would like to use bitcoin for online payments and the people who are not known to bitcoin we have to convince them to this side and for me the best thing is the investment and trading of this currency and for me bitcoin is the secure way to save my money.
member
Activity: 490
Merit: 12
March 23, 2018, 12:49:06 AM
From my own point of view most of these media sees blockchain technology as a major threat to their existence with decentralization e.g imagine creating a decentralized alternative to facebook or twitter I belief a lot of people will buy the idea so for all these not to be actualized these media will surely find a means of tarnishing the image of bitcoin and other related cryptos that decentralized by giving them much publicized negative news on regulations, bans e.t.c
member
Activity: 316
Merit: 10
March 23, 2018, 12:35:35 AM

For that just like that. The media is saying Negative so they can earn Fake News, Secondly so they also pay for Bitcoin revenue. Third time they also need to make a scoop so they do not lose their share. That's my opinion
legendary
Activity: 1036
Merit: 1002
March 23, 2018, 12:27:59 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.


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


Yes,  They intentionally make bad news about Bitcoin so they can get payed. When Bitcoin price had been so high a lots of news have made too by medias because they knew they will make money by doing news about it,  but if the price fall down they also make news, some are true and some are false news we can't really change it, maybe it's the only job they know to earn money.


this is the sad part about bitcoin, it is use it in illegal just to earn money, most of the time people are willing to pay high amount of money just to force some media to published fake news, in this generation people are not new anymore regarding fake news, they usually make their own reserch just to find out the truth and nothing but the truth about bitcoin.

Most of these media outlets are controlled by people who benefit from the current system. Control is one thing that they can't let go and btc gives people option to take back control over their own money. So it's not surprising that these media companies would seek to demonize btc.
We are entitled with our own different opinions and insights, but I don't think we have to generalize them. I believe the reason why media has a negative view about bitcoin because of its volatily, unstability, and they still supported and benefited the traditional system where they have been part of it for years. They are accustomed to it, and they lack awareness and understanding of what it is entirely. What we can do is to change their mindset, and then the whole world shall be changed.
copper member
Activity: 336
Merit: 0
March 23, 2018, 12:22:57 AM
When the price of the Bitcoin was very high at that time we all see how media were showing good news about crypto currency.basically media is controlled by Limited person,they show the news as per their own interest.they are showing bad news about crypto currency now a days,maybe those people want to create fear in people for there personal interest.So now a days if media is showing something not only about crypto currency,but for other news also,you cannot trust only media you must have to confirmed that news from. Other sources also.
jr. member
Activity: 210
Merit: 1
March 23, 2018, 12:18:16 AM
Mostly medias are connected to influencial person.Those influencial person are mostly against bitcoin coz it affects their business thats why those medias will spread fake news to ruin the image of bitcoin or any cryptocurrency to drag it down.
member
Activity: 196
Merit: 11
March 23, 2018, 12:09:36 AM
Probably because there are still many countries that have not publicly legalized bitcoin and many still consider bitcoin still gray so that more and more issues are growing. The problem is the author of the issue has it been enjoying the benefits of bitcoin? If those who accept the negative issue is a layman and accept it raw without finding out the truth. If many lay people who believe the negative issue it will affect the value of bitcoin.

All they know is Bitcoin is often so drastically decreased that they warn us all. But I see not all the media do that, there are many mass media also provide positive news about Bitcoin. For me every person's point of view must be different and it shows there is a support Bitcoin and also there is a commemorative about the use of Bitcoin.
full member
Activity: 476
Merit: 102
Kuvacash.com
March 22, 2018, 11:56:31 PM

The media is not negative about Bitcoin, people using the media and persons with interest are, the media has lost its credibility and are susceptible to external influence from powerful people who are against influence, they use the media to spread negativity on Bitcoins for their own personal interests
sr. member
Activity: 1022
Merit: 256
March 22, 2018, 11:45:49 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?


I don't think the primary reason why the media spreads more of the negative news about Bitcoin rather than the positive ones is that they really want to invest in it once the price is already cheap. I think they are more of the side of their benefactors rather than on the sheer truth. This is true about media not just with regard to Bitcoin or cryptocurrency, but also about social issues, issues that have to do with the governments, and so forth. The media are always one-sided; they side with the powerful bodies supporting them. And then there's the ignorance of the majority of the media about crypto and Bitcoin.  
full member
Activity: 420
Merit: 100
March 22, 2018, 11:43:13 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?

Media would not care much if the article is negative or not they are only here for the money. If people would patronize and bite the article then it is good for them.
newbie
Activity: 238
Merit: 0
March 22, 2018, 11:40:24 PM
Honestly, I'm still not sure what the aim of the media is in detracting the BTC. One would want to think that they are being protective, but again, is there any stock in the world that doesn't get affected by price variations? Why have they paid so much attention on the BTC. Could it be some plan to usurp the present position of the BTC in the world of cryptos? I just do not get it. I'm just as concerned as you are. I think it has to be jealousy. The media and all BTC haters are just jealous of the present and prospective value of the BTC. Permit me to say this, they are all jealous haters. But one thing is sure, the BTC has come to stay. Dare is say it is a big part of the present world financial system, and the future of world money.
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