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Topic: Why Media is negative about Bitcoin? - page 42. (Read 3162 times)

hero member
Activity: 868
Merit: 535
February 08, 2018, 02:08:23 PM
#89
The media always picks up more negative news, as this creates more excitement. It is also quite possible that one of the major players in the business dictates information to the press in order to direct the opinion of people in the direction necessary for it. And perhaps, in the press, mostly bitcoin skeptics work. There is to be any of these options.

Alongside this, huge companies and governments worldwide try to influence its public by controlling the information that media feeds their market on a daily basis. These media companies are so constrained in protecting their business interests hence they oblige their employees to propagate/disseminate news that are at par with the growth and sustenance of their company. They zero any chances of conflict of interests when it comes to the information they are feeding the public MAINLY to ensure they remain in their status quo in terms of wealth, power and government protection. As you may have noticed, it is JUST business. It is not necessarily true, updated, and comprehensive but something they SELECT and MAGNIFY to arouse the public at large -- may it be to gain sympathy, disdain, anger, and whatnot.  

As regards Bitcoin, they are against it because most of their governments are against it. As you know in the nature of their business, they have to have good tie ups with their respective governments for the good of their franchise, and to obtain and maintain reciprocal concessions.
member
Activity: 111
Merit: 10
“Everyone Is A Bank”
February 08, 2018, 02:02:20 PM
#88
I meet an equal number of both positive and negative news. Yes, the negative raises a lot of hype and so when bitcoin falls all know about it, but about growth is only directly interested. This is an ordinary media mechanism, good news always receives less resonance.
full member
Activity: 602
Merit: 100
February 08, 2018, 01:53:43 PM
#87
The media always picks up more negative news, as this creates more excitement. It is also quite possible that one of the major players in the business dictates information to the press in order to direct the opinion of people in the direction necessary for it. And perhaps, in the press, mostly bitcoin skeptics work. There is to be any of these options.
full member
Activity: 308
Merit: 100
February 08, 2018, 01:49:22 PM
#86
Media nowdays is focused on just one thing, to maximize the profits by minimizing the cost, so being negative about btc for sure brings more income than being positive about it.
newbie
Activity: 132
Merit: 0
February 08, 2018, 01:47:13 PM
#85
This is very simple because the media can only do instant action, just what can be seen but do not understand what bitcoin. We do, invest and we can enjoy the results. Smiley Smiley
sr. member
Activity: 896
Merit: 303
February 08, 2018, 01:25:20 PM
#84
We have to remember that media outlets earn money through advertising. This does not only mean positive ones like buy me, i am a good product. Sometimes there are negative publicities as well, like that product sucks big time and my product does wonderful things for you. Hearing bad news about crypto may probably mean that someone is paying them to produce that news which contains fud.
full member
Activity: 406
Merit: 100
February 08, 2018, 01:25:07 PM
#83
it could happen they are trying to take the opportunity to buy bitcoin at a cheap price then they can also try to work to control the volume of bitcoin to match their expectations
member
Activity: 358
Merit: 11
February 08, 2018, 01:23:57 PM
#82
The media is payed for it to work, and it is evident that most banks and central banks don't want bitcoins to dominate our economy, so you must understand that central banks and other regulators will go a long way to pay media to do negative news about bitcoins.
full member
Activity: 194
Merit: 100
February 08, 2018, 01:18:38 PM
#81
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?


They (actually not all media, still depends on current situation of btc in their area) are against bitcoin and all crypto related stuff around because they don't have enough knowledge how blockchain is working and what are this coins are really are and they fully depend on their petty research. But somehow what media most of the time pointing out why they are they discouraging people to invest in crypto has basis.
jr. member
Activity: 84
Merit: 3
February 08, 2018, 01:13:31 PM
#80
Media relies on TRP and this comes from negative news. You will see more news related to violence, thefts etc because people are more interested in these. Saying bad things about crypto also gives them more views.
jr. member
Activity: 86
Merit: 1
February 08, 2018, 01:08:53 PM
#79
Look every country has his own media which is bounded by government rules and regulations.They can't just go against them.Those who try doing this,they get treats and warnings from powerful politicians.The digital media which really affects the crypto market shows only that thing,for which they are paid.If somebody who wants to manipulate particular coin,the best thing is to create some panic in public regarding that coin which results in panic selling or purchasing,which affects the price.Some of this negative news are also due to wrong analysis of the market.
sr. member
Activity: 602
Merit: 255
February 08, 2018, 12:57:47 PM
#78
I don't know why they spreading a negative news about bitcoin when the price reduce.Even for their publicity they may make it sensational.All the time,it impact the price of bitcoin.Actually due to this news ,the price of bitcoin is further reduce.May be some of them are traders and want to buy a bitcoin  at low rate.  Grin Grin
member
Activity: 182
Merit: 10
February 08, 2018, 12:46:23 PM
#77
In fact, different media have different views on bitcoin. And it all depends on how well the people who work with these news media know the crypto currency. They can broadcast information that is beneficial to certain individuals, or simply do not understand bitcoin. Do not trust the media blindly.
sr. member
Activity: 448
Merit: 250
February 08, 2018, 12:30:22 PM
#76
I don’t know the reason but mostly it seems like they’re doing these negative warnings intentionally. It’s impossible to understand the media, they even don’t wanna understand what btc is. Only negative comments, nothing more.
sr. member
Activity: 672
Merit: 250
Most Advanced Crypto Exchange on the Blockchain
February 08, 2018, 12:27:29 PM
#75
Media has more success with fake and negative news so all they care is the popularity they get with it. It's wrong
full member
Activity: 759
Merit: 105
February 08, 2018, 12:20:50 PM
#74
Because the media can be paid by some people who want to drop the bitcoin.
Yes, i agree with you at this matter because media nowadays was created to become a paid services and it is all about the money. Cryptocurrency would be long reported if someone would be willing to tell the truth about it but sometimes those media reporter doesn't know where and who to ask that's why they sometimes bring the wrong information.
newbie
Activity: 15
Merit: 0
February 08, 2018, 12:16:52 PM
#73
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?


First thing that came to my mind when I heard anything that involves the media writing negative articles is the only one reason: "they were paid to do so."
We can't really trust the news that we've heard, read and see because politics have reached journalism. They write what they are being paid to write and there's only a handful of journalists who really spread the truth and practice real journalism. Most of the times they report anything that are current and trending without further investigation not knowing the impact it can cause.
sr. member
Activity: 1162
Merit: 260
February 08, 2018, 12:07:39 PM
#72
 I don't care what they are telling about anything. Their job is not to say something is good or bad they should share the news only. In the maximum(or each) of the cases the Media act like a critic. Media all over the world does not do what it supposed to do( to spread the news). Rather than they put their opinion on the news and share with the viewers and try to control their viewers. So now people are getting bored of this kind of medias. Just ignore them.
newbie
Activity: 106
Merit: 0
February 08, 2018, 11:50:14 AM
#71
In my opinion, media are so negative about Bitcoin because they are controlled by the same powerful people who owns banks. As these people see Bitcoin as a threat, nothing positive about BTC will come out from medias.
full member
Activity: 294
Merit: 100
February 08, 2018, 11:46:54 AM
#70
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.

Its simple.. crab mentality. Media is sponsored by major establishments that is being threatened bybthe growth of bitcoin. Hence, their effort to slow it down and possibly closing it down. But you can see real life testimonies of how bitcoin have succeded.

exactly this is such as some of the thing that we are may able to see with them for that the way on how media influence other people that is why they may able to take this for them that may tell with other people what they may have to do for.
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