Bitcoin Forum

I looked at my web search history and I see that I searched for bitcoin back in 2013, 2016 and 2017. In every instance, I saw negative comments, especially from mainstream media and how useless bitcoin is. Most of the time apparently I went to bitcoin.com and it did not convince me to get bitcoin. I vaguely remember going to a faucet one time back in 2013 but it was full of ads and I did not get the concept back then :(
This happened until after I was fired from my job and saw the high increase in 2017 July, which is kinda late. I spent like 2 months to figure out how to send fiat money to a good exchange.
These are the bumps on the road to the general adaptation of bitcoin.
Do you have an idea on how we can make Google search bitcoin-friendly?

Even now the top three search results come up with:
Bitcoin rallies to hit a one-month high but experts warn of a volatile upcoming event
C[Suspicious link removed]m · 23 hours ago
Bitcoin's price bubble will burst under government pressure
The Guardian · 18 hours ago
Collapse of Bitcoin Inevitable According to Harvard Economics Professor
CoinTelegraph · 5 hours ago
ALL NEGATIVE!

A good number of mainstream financial media outlets are against Bitcoin, they just want to spread negativity and FUD. Drop in price, Bitcoin is dead, surge in price, Bitcoin is in bubble. They wouldn't stop until their negativity gets masked by mainstream positivity about Bitcoin.

As far as Google search is concerned, I recently read that bitcoin has about 91% correlation with Google searches.

https://preview.ibb.co/fRQSFb/Screenshot_20171010_130644.png


People who are new and genuinely interested in understanding the ideological, technological, and monetary aspects of Bitcoin wouldn't just turn away because some individuals think Bitcoin is fraud or is a bubble about to burst or is going to collapse.

http://www.businessinsider.com/bitcoin-price-correlation-google-search-2017-9?IR=T

I don't think adaptation of bitcoin all over the world will prevent increase in its pricing. I have been said this several times that we need the positive and negative comments for us to be able to get balance in bitcoin. If all the comments about bitcoin is positive then price will get to the level were nobody will be able to buy and that will be the end of bitcoin. Negative comments and news help to bring about price correlation that will lead to stability in price.

Yeah, about the google searches. I understand that the number of searches increases right after a steep price increase and not the other way around. Maybe the number of youtube searches would be a more useful indicator as people tend to search for videos when they genuinely want to learn something.

This sucks:
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I support that so that we can buy more btc but it seems that all the main news are negative!
and bitcoin.com is not as convincing and easy as it should be, turning off newcomers.

Not all news are negative but sometimes this news comes from veterans traders that are giving negative comments on btc and it sounds convincing until we see other postive news about bitcoin that is far more better than those bad news like the news about schools accepting bitcoin, for me thats a start for further uses of bitcoin.

I am constantly watching a lot of forums all over the internet, and i have to say that i am seeing more bitcoin lovers everyday, it is incredible how the community is rising, maybe it is a little bit weird, but it is happening.
But it is obvious that there is negative people, and most of them are only saying that we are in a giant bubble and that it is going to crash soon, but those who are saying that, are the ones who doesnt even have $10 to buy bitcoin, and are jealous about those who bought bitcoin at a very cheap rate.

Most viral marketing campaigns proliferate through peer-to-peer based word of mouth, rather than big brand, top down, advertising. Famous memes aren't backed by multi million dollar commercial runs on primetime networks. Yet they reach millions of people around the globe and can penetrate further into society's collective consciousness than big media names like CNN or Fox News.

If our goal is for crypto to become more mainstream, perhaps that's a route we can take. Grassroots movements. Memes. Peer to peer marketing. Focusing on the type of 4chan caturday business models which allow average people on the internet to compete with big brands in terms of exposure.

If crypto had a rough equivalent to lolcat memes, that would go a long way towards overturning the polarised media coverage which trends towards being anti crypto.

I've noticed oddly how the media reacts to bitcoin rises and drops as well.

From what I've noticed, however, is that when Bitcoin is on the rise, there are more positive articles than negative ones. This adds more hope to bitcoin from those who don't know about it on the outside.

However, on the flip side, when Bitcoin is tanking (as it was with China FUD), there are more negative articles coming to the front than positive ones.

I really don't understand what goes through the media's mind. It often seems like they can't keep their mind to one opinion...

Knowing media that they are on neutral side which they would really tell the news either on positive or negative side which i can say that we cant do anything about it since they are doing their job and the worst case on here that there are media who do only focuses on negative side of bitcoin which would really make some impacts in the minds into those people who dont even have on what is bitcoin and if media would tell such false informations for sure will affect its views thoughts about bitcoin.

One other bump on the road to adaptation is the difficulty in purchasing bitcoin even now.
People simply do not want to scan their id (or take its pictures) along with their social security etc.
If there was a place they could purchase btc like a bank or something, it would open up mass adoption.
People trust some office more than a website, and thats the way it is.

Think of it this way.... All these negative news items are giving you an opportunity to buy cheap bitcoins. It is inevitable that there will be vested interests who will be able to profit as long as Bitcoin does not take off. They will be able to manipulate the narrative in such a way that the common masses stay away for as much time as possible.

news and the media is not the way to find out about bitcoin. and sadly they are all filled with "price" related stuff not what actually matters. and from what i have seen anything else they talk about is somehow price related even if it is indirectly related.

to really understand bitcoin you should read more about the "project". read the white paper written by Satoshi Nakamoto for example to understand why bitcoin was even created. what does it mean to use something that is called "decentralized (peer to peer) digital cash).

if anyone does that, then all the news above will look pretty silly!

we have to stop talking about "price" and start talking about other stuff more. such as the shops that are accepting bitcoin, how their revenue has been increasing a lot ever since they did that.

example: overstock.com

Fully support you. The speculative price of bitcoin can rise sharply and even faster fall. The higher the price will rise the lower they will fall. I think it would be better if the price was stable and thus evolved the turnover of bitcoins in trade. Then it might have been observed in production. Right now bitcoin still has all the signs of a bubble.

What seems like a bubble is not a bubble actually. This is how I think about it. This is the result of the new adoptions. After China ban bitcoin and other cryptocurrencies and the exchanges in China stopped operations I think from some other part of the world bitcoin got adoption on a high level. Someone new grabbed the opportunity and is utilizing it in a smart manner.

Well, everybody is saying its a frigging bubble but then btc gets back up. You just cannot knock it down!.
I agree with you all that it gets us cheaper prices, but I just cant get over the fact that it delayed me so much and there is still no easy way to purchase these currencies other than surrendering your id information and other stuff.

There will always be bumps on the road to general adaptation because it'll be a learning curve. But I think once there are more user friendly services then you will really see it start to pick up.

The negativity will never stop at least not in the mean time because the forces against bitcoin are those who controls the media and when you have media in your pocket, everything seems to fall in place but against them, do the whole world, you have done nothing.

In the case of bitcoin, the most important is to be able to see the bright side not to be discouraged with the negativity by seeing beyond what ordinary are seeing. A lot of people like you who had the opportunity to be part of the early adopters have turned back because of  news like that but at the end blamed themselves for not taking time to understand before jumping into conclusion.

Its never too late in my opinion, and I feel there is nothing to lose if it didn't go as expected but everything to lose if things turn out to be the best decision ever to be made.

Yeah, it better to be late than never right!

If the major coin holders decide to dump their millions of bitcoins the bubble will burst, however the world will continue needing a decentralized currency. I hope one day you understand it's not bitcoin doing these jumps and bounces, people are causing them. if you stop looking at them to see what might be their next decision, you need to see the reason for you being involved in bitcoin market. My reason is to be a queen in the future by holding 40+ BTC.

If you have search for bitcoin back then so you are all aware that is has risen many folds and that people are going to bitcoin because its a safe haven as investment and store of value. And people are getting away from traditional banks. So banks are threaten that's why you will heard a lot of negative news from them. That's one sector that doesn't want bitcoin to take off. This is another bump in the road. You will always get this negative news and I'm telling you it won't stop anytime soon. If you understand the value of bitcoin, then you don't have to be afraid of the negative news you will find on Google. Just go and invest on bitcoin and don't be affected by all the biased mainstream media.

It wont be easy as it goes because peoples mind is somehow dependent on the informations given by the government specially on media. Bumps and blockage is really normal on bitcoin field and same as you said government are really threatened on this one because of the potential effects that it would give specially on financial aspects together with criminality increase knowing bitcoin is anonymous and can be used on illegal stuff. This is the reality on the negative side of bitcoin but we should set aside that stuff and better to focus on its positive side.

It is obviously that major banks and politicians only want to make bitcoin go down, and everybody knows that this has been their first rule about the new economy movements.
but i dont understand why it has been going up so quickly, i mean, there have been a lot of fuds and people are only buying bunchs of bitcoins, this is strange for me.
But i really expect it to keep going up, that is why we all are here.

That's because the officials doesn't want many people to invest into it in the first. If they do then that's the harm for their fat wallets and monetary system obviously. The mainstream media, well who knows about them they might be purchased already and they are mostly lie in the real world. It's all about making it hard investment into crypto currencies and to save up the money to flood into tax free zone. There are many reasons like this but it's hard to believe which one is true in reality.

Yes it is the statement of the bitcoin haters they want to make the bitcoin go down and they are not taking any interest in the bitcoin investment so I think the value of the bitcoin is now very high and it si still increasing because now almost all the people are accepting the bitcoin and the importance of the bitcoin. So hold the bitcoin and then sell at the very high price when the price will be more than double so you will get the huge income.

These type of negativity was a normal thing and can be expected at that time (i.e 2013) because many conspiracies were made in the early days against bitcoin to demolish it. But now there is huge difference from the past, although there are still a variety of groups which are against bitcoin which involves banks and government officials, trying to bring bitcoin down through their paid articles and sometimes blogs which are then boosted in google searches as you have seen.
To make bitcoin google friendly we should also boost our articles and blogs about bitcoin advantages and also we should try to grow community, a bigger community will definitely make a positive impact.

Nice! And here I was just aiming and targeting for 3 bitcoins for my and the kids future :)

We all know when something or someone is good or making progress there will some set of people or organization that will be against such thing/person just because they didn't benefit from the system while the system in some ways affect their business or earning. I also do some research and I saw Bernanke saying bitcoin will fail. If we do some back door check on Bernanke and we'll know that bitcoin is somehow affecting Bernanke.
What I suggest is that we bitcoiners need to stick together by making bitcoin great and stop the issue of I'm not support SegWit, I support BCH etc.

As you said, in 2013, 2016 and this year,  there have been news that people are talking bad about BTC, and that it will soon debacle, and disappear, and all kind of bad news, but even with this, BTC is rising and is gaining it's popularity over the world. I think it wont stop now to increase in value, but there will be uncertain times until every BTC is mined. 

In this case I can not say much, if bitcoin wants to get recognition it must be from coins that have owner and centralization like bitcoin unlimited, bitcoin can not be recognized because it can not be set. BCH, bcgold and other coins that will appear also can not help at all, they are the same package with bitcoin core.

It can help people in the different ways look at the people life before joining bitcoin now look at the people who are working in bitcoins means trading and investing because it has reduce many people poverty who has joined bitcoin. While you are saying the exact things are not given below. Bitcoin is giving freedom to everyone to enjoy everything with full time. While other things which are fixed is not that much costly neither they help in the life. So it's better to say that bitcoin is game changer of life.

Well, BTC is the best investment tool right now, it is better than art etc.

Really it is expected that when people don't understand what is happening or they don't like it or they can't join it, they talk negative about it. What we are experiencing now as to the negative attitude of some people, treating bitcoin with disdain was the way it was when bitcoin came up nearly a decade ago but we believe in it and we are riding with it  ;D

Yeah the price rised a lot today, i did not expected this recent pump in the last few hours, i though that bitcoin was going to stay quiet at the $5k support barrier, but it seems that it is very strong right now and it want to be over $5,7k, i dont know, maybe we should see how the market reacts in the next few hours before creating conclusions and speculations about the price, but of course that it will rise again.

Dump is also the good time, it gives golden chance to enhance the amount of bitcoin one have, skill is the main thing how you can calm down and be patient in time of dump and how much you buy in this time to do some effort In bitcoins progress, technically dealing with the bitcoin is the game of nerves and in time of dump holding is good option and buying also beneficial.

It is around 5600 levels and I think it is pushing 6000 USD. It is my belief, supported by the google searches, that people tend to get into bitcoin when there are new like BTC All Time High, it is 6K! If you bought this 2 months ago when it was 3500 USD you would double your money. Then peeps buy it, fork happens, boom burn! And then some are like screw you, I am going back to FOREX :)

The day that mainstream media, search engines, financial experts and they’re sponsors started to spread lies and black propaganda to internet is the time they failed. Yes because if they just silenced about it, Bitcoin investors will not be curious or not in this investment those days. They failed instantly and big on the moves they take.

Black propaganda is a double sword blade, it might destroy anything but the possibility that it can be vice versa is something they don’t anticipated.

That's the cruel reality. Banks want to keep leaving and they need people to keep their money in them. Thus, they are not interested in popularity of bitcoin, for it may ruin the business. Countries' economics might also be hurt, for nobody's paying taxes while operating with big amounts of bitcoin. What is also interesting is that news depend on the language. For instance, most of Ukrainian news about bitcoin are positive or neutral.

I agree that there are lot of negative news out there, especially when you search in google. I even had the same experience as you had with faucets. That's where I started and I lost interest because of the numerous ads and meager earnings. I would have been able to invest in bitcoin at an earlier time but because of that, I gave up on it for about a year or two. The price has risen a lot since then.

We can't avoid the negative news. Just with anything, there will always be bad things and negative comments to be said. People throw rocks at things that shine. As bitcoin users, we can only but continue support through the continuous usage and advertisements.

There will be uncertainty even after the last Bitcoin is mined. There will always be issues about regulations, usages, and there's also the rise of other coins. Uncertainty does not mean doom though. We'll be fine amidst all these.

It is a common practice to use and manipulate news by mainstream media to leave such a negative and bad review to something and now the central banks and some personalities are using media to spread bad news about bitcoin, which is kinda weird in spite the negativity vibes of them, the bitcoin is still increasing its price and popularity, i think the people nowadays do some research before they believe the news and reviews.

You are right me thinks :)
I believe bitcoin, ether, and even eBTC will be great and they will be widely used in the near future as common as credit cards.

Bitcoin will be surely used as credit card, as far as ether is concerned that will take a lot of time to get popular among the people and as bitcoin is regulated ad advertised in good way that’s why people are preferring it on every other cryptocurrency and still a lot of people are there who are thinking to invest into it my suggestion to them is invest now because future will be all about bitcoin and its eases.

Well, basically all you can do with the btc related to credit cards is you can purchase it using a credit card. Even that is a lengthy process because you have to send your id and other documents to some web site you may or may not trust. And then the prices are all jacked up because you are using your credit card. The easiest way seems to be using paypal. However, people using paypal have the tecnical sophistication already to buy it using a bank.

Well for something like bitcoin that has the possibity to change the conventional way we do transactions and money handling,  of course there will be strong opposition, mostly from skeptics and people who'll be affected negatively once bitcoin breaks the system.

Most of the times it's big whales who try to get a grip of the market with huge investments give it their best to manipulate the market in a way for them to gain profits. This literally affects everyone from small scale traders to the daily margin flippers.
One more considerable factor is main page news which is sometimes filled with FUD which disrupts the price by a good amount making it harder for Bitcoin to keep the steady pace of growth through its path.

With the advancement in technology, things have been revolutionizes quite rapidly. This concept of digital currency has indeed changed so many things. There will be so many hurdles in the way of bitcoin and other crypto currencies and there will be so many who will not accept this modernization. But I am very much hopeful that with each passing day, things will be in very much favor of bitcoin.

Everybody is in the favor of bitcoin who become a part of bitcoin because they realize that bitcoin is a best currency around the world. After all these things they start investing into bitcoin and about those people who are not that much rich but want to become a part of bitcoin so they go for trading if they are having some skills to cash out. So there is not hurdles in the way of bitcoin because bitcoin is on the way to success everybody legalize bitcoin in there countries.

If we see at the graph of the market price of the bitcoin, then we’ll get to know that bitcoin market’s price has increased significantly since the time it was introduced. Bitcoin is no doubt the best way investing your money and I assure you this thing that investing in bitcoin will help you earn a handsome amount of money. Invest in bitcoin now and you will for sure have a comfortable tomorrow.

Yes that is definitely what is happening because but it will only make the price shoot up higher. It's kind of like the price is building up pressure before it explodes.

Yes we can,  we can hire a lot of writer to make a good review about bitcoin,  actually bitcoin is a really great currency,  it makes our lives better because we can used it worldwide,  but the media like to exposed the negative sides,  and it is true that bitcoin being used by some irresponsible person to buy illegal things, but there are so many great things about bitcoin that the media dont want to cover

Media never tells the whole story. All of it is controlled by some powerful people and they show us what they wants us to believe. It really affects the mind of common public. Not everyone understands the games and dodges. Many governments and banks don’t want crypto currencies to go mainstream as it is a big threat to their power so they say rubbish about digital assets through media but now it is hard to fool people. Bitcoin is the only solution to financial instability and every smart person is going to avail this.

It is true, there will be bumps ahead before we achieve the highest value of bitcoin, however if there are FUDs, we need to check them out first, we need to do our own ivestigation, even though all the resources are from the web, there are ways in which we can speculate if the news is true or not, just like when the time mark cuban said that bitcoin is a fraud, he did said that he wanted the price to be lowered and then buy it, and wait till it reaches a new high, and afterwards, we saw him creating his own ICO, those kind of news, needed much research and critical thinking, since mark cuban is a businessman, he knows what to do with investments, if we sell out just by the negativity, it will be our loss. The bumls ahead will surely be overcome by bitcoin, let's not forget the reason why we invested on the first place, to keep us motivated.

The most effective way is to not believe those news itself, they are fake news after all and those experts are just trying to bring bitcoin price down for them to buy it cheap. Never trust what a third party says since many just inform you about news which wre fake sometimes in order to cause FUD. It is better for ya to check to validity of the news by researching about it. Don't believe posts or news with title using the word expert, most of the time those are just FUDs if it is negative.

Financial houses are compilation of economist and this field always believe in the taste of phenomenal scientifically. When the outcome is not felt in that light, they classify it as a bubble. This is no other reason that economists have been kicking the idea of bitcoin and cryptocurrencies. It is however unfortunate to the bubble believe because bitcoin is already enriching people  ;D

It's to see the 'bubble' burst and bitcoin gone back to its original track of natural growth, those experts accusing bitcoins were those that couldn't buy it early, or just for the sake of their profession in the industry. Who doesn't like profit and there's no point shouting at bitcoins if you have a fat BTC wallet which are exchangeable into dollar easily. I just assumed that majority of the people are easily affected by FUD, these channels are so effective to help or against bitcoin rally, from what i see even the government official doesn't actively discussed about bitcoins, it's those 'experts' who appeared magically and discuss like they know everything about it.

Any project launched that seeks to change the way things are normally done in the traditional way will therefore face some issues along the line and bitcoin is not going to be any different. When the banks started automating a lot of their processes, a lot of concerns were raised about the issue of job losses but people didn't die neither do we have  high unemployment rate linked to that. Its just natural and all of those news are just a push and indication that some people are paying attention.

Well, to be honest, I did not buy enough btc when it backed down, and I am waiting for it to burst again so that I can buy some more.

Exactly. We don't have all these a couple of years ago when bitcoin isn't this popular yet. That happens to pretty much amything that gains ground in a global market. But things look positive here and i don't think any bumps would be able to derail bitcoin

Bitcoin went up to 6300 USD today! I don't think anybody or anything will be able to hold it down anymore. There will be a price correction after the hard fork, but then it will be on its way to the moon.