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Topic: Why Media is negative about Bitcoin? - page 29. (Read 3162 times)

newbie
Activity: 37
Merit: 0
February 25, 2018, 09:52:02 AM
Because the media is profitable, they earn on such news!
sr. member
Activity: 980
Merit: 250
February 25, 2018, 09:47:21 AM
maybe they collaborate with a party that wants make  bitcoin price drops alot and rebuy it when the price is cheap. just like JP morgan does the same thing when saying bitcoin fake.
sr. member
Activity: 987
Merit: 289
Blue0x.com
February 25, 2018, 08:07:18 AM
I do see the basic principle that states, negativity attracts more attention than the positivity from the masses. Media will always try to gain maximum eyeballs by defaming something that is still in the development mode having uncertain future. Bitcoin is not an exception to this reality, however, it is a plus point that the number of people blindly trusting media stories is decreasing day by day. On the other hand, I do see that since politicians and big whales from the government have high stakes in media houses, they will always try to manipulate the interpretation of everything in their favour.


     You are absolutely right. The media we have nowadays is really different from what it was back then. The media used to be built with the principle of giving the best they can to spread real news that people need to know no matter the cost. But now, they are all the same and even when some of the media personnel still do want to be honest ij doing their jobs, they are forced to follow the commands of their superiors which are clearly controlled completely by the richest of rich and the most influential. But as what you have said, a lot of people are already starting to open their eyes amd see the reality. Which is great byy the way because it makes the false news of media people be worthless or meaningless for most of the people out there.
legendary
Activity: 1596
Merit: 1011
February 25, 2018, 07:32:13 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?

Various media may not yet understand how the Bitcoin system, 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. All of that can not be generalized and we have the right to choose according to what we believe. Personally I am very confident that Bitcoin can be the power of the economy in the world, now there are so many people who helped because of the bitcoin. There are even people who can get a job after they get to know Bitcoin and the various opportunities that can be utilized from Bitcoin to earn income.
member
Activity: 429
Merit: 10
February 25, 2018, 07:22:35 AM
negative bitcoins are negated to the media because bitcoin is losing with social mediia and they are still using the media to discredit the bitcoin so scammers do not really choose, and the bitcoin investors are losing because of what they see in the media they are afraid that to invest and maybe even scam.
member
Activity: 700
Merit: 10
February 25, 2018, 07:10:28 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?


Sometimes, not all journalist understand about cryptocurrency. Sometimes they dont make investigation about bitcoin and one bad news is good news for them, so its better if we not following negative news that sometimes not the fact
full member
Activity: 756
Merit: 100
February 25, 2018, 06:53:39 AM
the media only take advantage of the negative news about bitcoin, of course they do not care what happens with bitcoin, because they do not invest in bitcoin, they just compete to spread negative news about bitcoin to get the public's attention
member
Activity: 231
Merit: 10
February 25, 2018, 06:50:33 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 media is also controlled by central banks, they pay the news agency to create panic in cryptocurrency and make a fake news.  It is our responsibility to make our own testimonies in social media to fight such negative news.
full member
Activity: 434
Merit: 104
February 25, 2018, 05:43:02 AM
I think government know this because if media spread negative news about bitcoin they discourage people to get into it, people who doesn't know bitcoin think bitcoin is a form of scam, and worst part about spreading negative news about bitcoin it may start to panic selling.
sr. member
Activity: 868
Merit: 256
February 25, 2018, 05:39:47 AM
You must understand that the majority of the media is controlled by the same powers that control the western central banking system. Bitcoin being a finite, decentralized, transparent system is inherently against the current centralized private banking regime. As such, there are countless articles that cast negativity on Bitcoin, but fail to make any strong arguments. These articles are propaganda at best. It is crucial to read critically during these times. Smiley Smiley Smiley

Yes, Bitcoin is not controlled by the government and it is decentalized. The media may be against also in Bitcoin because government can control media because they are governing the people around their country. In some reasons, Bitcoin has been detected as illegal because of illegal transactions in other countries, so that they banned bitcoin in their country.
newbie
Activity: 112
Merit: 0
February 25, 2018, 05:24:48 AM
who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit
You cannot totally rely on media for true informations because most of the time, the private and famous news channels are speaking on behalf of some hidden authorities. All rumors about the disappearance of bitcoin and the permanent decline in prices are just to make innocent people fool.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
February 25, 2018, 03:30:52 AM
who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit
Media may or may not help in the development of bitcoin. It depends on how you or they will use it, it’s either you promote bitcoin and persuade people to invest or to bash the whole system of bitcoin. Some who bashes bitcoin are th trolls. Media can have a good and bad effect on bitcoin. It only depends on the user if he/she patronize btc or bash it.
member
Activity: 448
Merit: 17
February 25, 2018, 02:53:09 AM
who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit
hero member
Activity: 1190
Merit: 534
February 25, 2018, 02:50:36 AM
I do see the basic principle that states, negativity attracts more attention than the positivity from the masses. Media will always try to gain maximum eyeballs by defaming something that is still in the development mode having uncertain future. Bitcoin is not an exception to this reality, however, it is a plus point that the number of people blindly trusting media stories is decreasing day by day. On the other hand, I do see that since politicians and big whales from the government have high stakes in media houses, they will always try to manipulate the interpretation of everything in their favour.
sr. member
Activity: 812
Merit: 250
February 25, 2018, 02:50:17 AM
Bitcoin profit is 800% every month for 8 years and Bitcoin got $350,000,000,000. Media got what it was searching for.

There could be an influence behind the media. Sometimes media now is not being fair. There are powers behind them that can control what news to spread. It could be the government.  That's why sometimes it's hard to just rely on media for information. They may be doing it just to gain more viewers.
member
Activity: 266
Merit: 32
February 25, 2018, 02:42:27 AM
Bitcoin profit is 800% every month for 8 years and Bitcoin got $350,000,000,000. Media got what it was searching for.
sr. member
Activity: 553
Merit: 250
February 25, 2018, 02:34:46 AM
Most likely because the media get pressure from the government, many media must follow the rules of government, because the government states bitcoin banned then automatically make the media preach negative things.
member
Activity: 93
Merit: 10
February 25, 2018, 02:25:59 AM
Well, basically these media is fed and paid by people who are trying to manipulate the system by mentally and/or emotionally attacking the users. The tendency of media's spreading negativity about the industry contributes to emotional and mental breakdown to its audience in result users are starting to panic and sell their coins. It's quite a strategy put up by powerful people to gain more profit on their behalf without thinking about others.
member
Activity: 350
Merit: 12
February 25, 2018, 02:21:01 AM
I do not care what the media say because it will only make us pessimistic and think negative too, so I still believe and think positively about bitcoin.
newbie
Activity: 27
Merit: 0
February 25, 2018, 02:11:31 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?


The media (though it varies per country) always contradicts the decision of the government. Just like here in our country Philippines. But sometimes, the media just shows the negative sides for people who is looking forward on buying and investing in Bitcoin, to take extra precaution upon engaging in the cryptocurrency world.
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