Why Media is negative about Bitcoin? - page 38.

DRVX

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Quote from: Eros1on on February 08, 2018, 01:05:03 AM

It's very simple, the media will only report malicious reports, they don't have bitcoin, they can't see that we bought bitcoin and made money, and the news in the media is mostly eyeball.

That is why I try not to believe the rumors about Bitcoin that appear in mass media. Even when they say it will cost soon $100 thousand, I try not to pay attention at these statements. Just be wise.

cpfreeplz

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Quote from: noormcs5 on February 11, 2018, 12:03:57 AM

Quote from: Andreea B O on February 10, 2018, 09:58:34 PM

At this time the media has no interest in explaining, educating the masses about bitcoin and blockchain technology. Whoever gets their media information will never invest in crypto. The media is against bitcoin, but I think it will come a day when it will have to accept this reality.

The real reason of why media is against bitcoins is because media is controlled by the government and governments have direct influence on media. They presents the things the way government wants. That's why we see lot of crash news of bitcoin but we hardly see any news of bitcoin stability or bitcoins upward movements.

I think people read too far into it. Honestly the news is for old people that don't realise they're sheep. If you just keep watching all the good feeling stories, this guy got murdered and here's our spin on it, how will you ever form your own opinions on things? These literally tell you how to feel so you feel it. How stupid is that?

I think the only reason why the media is so negative, is because it's just so damned easy! People don't want to embrace change, because they're an old dumbass sheep watching the 11 o'clock news! Why would they try to promote it to them? Just get the ratings up by giving them what they want and everybody wins.

"I heard Bitcoin is risky and dangerous" is what I hear a lot of. Oh yeah? You heard that? Did you inform yourself or are you just hearing things in passing from a screen then basing your life off of that? What the fuck has our society come to.

tech72

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Because they will write what they understand. In layman's world, anything that rise or fall so sharply and so soon is a scam. It looks like a get rich quick scheme for the normal people. When all governments are against it, they tend to write negative news about it. After all media wants more viewership despite it being fake or not a real news.

JohnDavid

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Because that it what media is. They sell news that has higher interest and try to make them viral by making it more dramatic. I have seen that same news company saying good things about cryptocurrencies when everything is green and good.

TomUyamot

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Quote from: coindrops on February 08, 2018, 12:19:39 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 don't think the media are just doing it for the sake of them buying Bitcoins for a cheaper price. They are just ignorant about Bitcoin, I mean, most of them. That is why they cannot appreciate what is being offered by Bitcoin. They are simply less-informed about everything there is in crypto. Many of them do not even have the slightest idea of what blockchain is. And then of course there is the truth that many of these media people are paid shills of huge companies and banks and some shit from the government.

LigwagGanern

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Quote from: coindrops on February 08, 2018, 12:19:39 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 media is negative in bitcoin because we all know that some media are in the favor of government. And government need tax and bitcoin have no tax. Yes, bitcoin is tax free. When you heard from someone who is in favor in government that saying bitcoin is a scam or don't have a good benefits he/she don't have enough idea or knowledge about bitcoin. So he/she saying that bitcoin is not a good way to earn money.

derago21

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Media is all about FUD, they are everywhere not just in Crypto. They think themselves as god and do things assuming, they are saving people. lol

noormcs5

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Quote from: Andreea B O on February 10, 2018, 09:58:34 PM

At this time the media has no interest in explaining, educating the masses about bitcoin and blockchain technology. Whoever gets their media information will never invest in crypto. The media is against bitcoin, but I think it will come a day when it will have to accept this reality.

The real reason of why media is against bitcoins is because media is controlled by the government and governments have direct influence on media. They presents the things the way government wants. That's why we see lot of crash news of bitcoin but we hardly see any news of bitcoin stability or bitcoins upward movements.

LogitechMouse

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There are many things why media is always negative about bitcoin but I know 2 things.
1. One is because media doesn't know anything about bitcoin and the only thing they only know is the negative sides of bitcoin. Its the nature of every person that we only see the negative sides of a thing and not the positive sides. Same as the media. Maybe they also know the positive sides of bitcoin but they are only sharing negatives in order for them to have to report in the public.

2. Its because media is being backed up by the government and we know that some governments don't like cryptocurrencies. This is why they only sharing the negative sides. Probably, the media is being paid by the government in order to share negatives and in the future FUDs.

Media doesn't know everything about cryptocurrencies, we know more about this compare to them so don't listen to them. Listen to yourself and some crypto enthusiasts because they know more about this.

wiser

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Quote from: coindrops on February 08, 2018, 12:19:39 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 running down the price in order to buy in cheaper is part of it. I also think that running down cryptocurrencies is a way of resisting it because financial institutions hate change. To allow society to embrace blockchain technology means the traditional financial institutions have to adapt, and that's going to take some hard work. For the past few decades they've been able to just coast. I can see them not wanting to give that up so soon.

Andreea B O

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At this time the media has no interest in explaining, educating the masses about bitcoin and blockchain technology. Whoever gets their media information will never invest in crypto. The media is against bitcoin, but I think it will come a day when it will have to accept this reality.

Ozero

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I do not think that the mass media deliberately spread negative information about Bitcoin. In most cases, they try to be objective and lead a different point of view. However, there are cases of deliberately spreading bad information about bitcoin, they really serve the government and their officials more.

Boximuss

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I believe that negative news about bitcoin can protect people from ill-considered investments. Most of them do not know that its high volatility is a normal phenomenon.

mbakruroh

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the media today is easily influenced by the government or by individuals who want to benefit from bitcoin. government and a trader can have full media by making issues related to bitcoin so media can be used to make bitcoin prices down. they have the opportunity to be able to buy bitcoins at cheap prices and save in large quantities. when the issue is over they will sell.
so now the media is used for the purpose of earning profit from among those who have interests in a country.

fuding12

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Quote from: coindrops on February 08, 2018, 12:19:39 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?

Probably, so far the things that appear in society about bitcoin is something negative. That's because the government's onslaught through the media makes negative news about bitcoin. for some reason, whether they have not understood this technology, or they just sentiment to bitcoin, or maybe if there is an institution like the government that wants to try to take advantage of such situations .

SnapDown22

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Media is so sensitive because with the social modia one can read and access from all over the world. if the bad news is spread this will quickly in the know people so also if good news is conveyed

PIR

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CRYPTOBLADES Octoblades 10.10

Maybe because they've got the wrong information about it, wrong concept, and also they were sometimes being manipulated by someone higher than they are and just want to publish what they want and abolish who did not in favor with them.. this can happen.. but on the other hand those who do well in broadcasting about bitcoin benefited from it, they got to know what it is, and at the same time awaken the interest of people to look on bitcoin and what the use of it... not all the news we hear are true we should be responsible as well in screening them out whether they're telling the truth or not.

Qartersa

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Quote from: ?? on ??

Quote from: coindrops on February 08, 2018, 12:19:39 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?

Vested interest. Good or bad news, if a lot of people would bite the article then it is good for them. They are only interested on the profits they would gain if people will buy the article.

That is why we need to UP our game when it comes to updating ourselves with what is new and legitimate from what is clearly not. Otherwise, we always end up lounging at their own whims, at their own terms. This FACT has bugged me for quite a long time now. They filter so much of what they are broadcasting in national television and writing about in papers. I am most concerned for the new generation because they are so naive in believing all about these news which are all over social media AND that are mainly aimed at protecting private interests. Hence, I think governments should enact measures to protect the youth from being used as vehicles to enable these wrongful ploy/mechanisms. Nonetheless, how is the latter possible when even governments are mostly composed of people who are only interested to protect their own? There is just too much politics in this world I could burst.

rony01941

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Bitcoin is very first crypto coin.In fact, Bitcoin is not a bad thing. But the media releases bad points in Bitcoin's bad times. If Bitcoin's prices are increasing now, then the media will release a bit better with bitcoin. That day, Bitcoin will cost 50,000$. The bad bit about the media Bitcoin Bitcoin is a trusted investment system.

adjudicator

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Quote from: coindrops on February 08, 2018, 12:19:39 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?

Media was not against bitcoin, media is only a medium or a tool to use for information, communication and entertainment. The only thing that against bitcoin is also the human who are afraid of what bitcoin have, they are the one who make the laws and news that are against the bitcoin.

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