Bitcoin Forum

YouTube is very famous when people want to find out more information about crypto and it's always generating many clicks for YouTubers. But unfortunately, information quality is not very high for most videos because of hype and clickbait videos.

It is very important for us to know YouTuber's hype video is not good advice.


YouTubers want to create hype, not quality information

An important point for each YouTuber is to generate clicks and views and followers.
And to get clicks and views and followers, it is a strategy from many YouTubers to launch hype videos, where outrageous claims are made, such like:
- Bitcoin will crash (soon)
- Bitcoin will die (soon)
- Bitcoin will make new all-time-high (soon)
- Altcoin will overtake Bitcoin (soon)
- Altcoin will die (soon)
- …

It is always similar strategy for YouTubers to create hype instead of presenting normal information. It is very dangerous because accurate information is not presented. Instead, reality is hyped and exaggerated.
= information quality is suffering and sometimes very misleading


YouTubers spreading HATE and FEAR (FUD)

It is also very efficient for YouTubers to spread hate and fear because it's also generating clicks and views. Many people will get worried and click such videos to find it out but all information is just unjustified FUD, resulting in damages.
One reason is YouTuber’s greed to generate clicks and views and also a reason is for example, Russian propaganda. It is also possible, YouTubers are getting paid from Russia to spread hate and fear, as Russia has many loyal serfs on YouTube.
For us, such YouTubers are very dangerous because it’s facilitating
- Hate
- FUD
- weak hands and more sell pressure because people don’t trust to HODL

It is scientifically proven for hate and fear (FUD) to generate more clicks, so it is a common strategy for YouTubers to get more clicks and views.

Be careful when you see hate and fear (FUD) on YouTube.


YouTubers getting paid to advertise a project

Very often, big YouTubers are getting paid from a project directly to present it in a positive way. Some projects pay YouTubers directly and hope to get more investors due to positive YouTube videos because many followers trust, what YouTubers are publishing even it makes not much sense at all.
For a high payment by projects, many YouTubers will only mention positive facts and forget often to inform about risks and flaws of a project to get many followers to invest.
Or it's about a shady exchange, where YouTubers will also get a profit if you sign up from a referral link.


YouTubers are trying to distribute referral links

A significant amount of YouTube videos is made in hindsight to collect money by referral-links.
For such YouTube videos we'll find a referral link mentioned somewhere which will lead us to to an official project site, where we can register to invest. Of course, a YouTuber who will mention such projects and mention his referral link, will get a reward if we click his link to join, register and invest, often a percentage of our amount invested. Of course, any YouTuber will be interested to make you join and invest a huge sum because of his profit.

A famous hype channel was (or still is) Trevon James, who advertised heavily for a known scam, Bitconnect.



Conclusion

YouTuber's content is often of very low quality and only based on hype:
It is very easy to detect, when we view some YouTube presentations, where it’s often clickbait:

https://www.talkimg.com/images/2023/10/15/RVSew.png
https://www.talkimg.com/images/2023/10/15/RVnQ9.png
https://www.talkimg.com/images/2023/10/15/RVCfN.png

It is very clearly clickbait.
For us, we should always know: YouTuber's hype video is not good advice. It is not well researched and low quality content.

I haven't gone through the whole topic but after scanning it I can be sure here OP is trying to cover the FOMO created by these YouTube crypto influencers. My personal experience is their primary motive is to attract people to buy their premium membership, which is full of shity signals etc etc.

OP I would just say that most of them are comedians, Bitcoiners believe in "Silence can be your loudest statement."

The title and thumbnail image can be a trigger for viewers to open the video. That is one of their strategies. Viewers are not stupid in choosing channels to search for information about crypto even if the title and thumbnail posted make them open the video.

For example, I will skip 10 seconds by tapping twice quickly and doing it repeatedly to get what is being said. Rarely 10 seconds, often I skip 20 seconds.
If what is being discussed is just nonsense, then without thinking, I immediately exit the channel.
Instead of watching them yawn without content, I'd better watch other content that invites laughter.

YouTube is only famous to naive or newbie cryptocurrency investors because most of the information shared on there is promo bases or just for monthly earning purposes of the YouTube channel owner. Besides, I don't know why anyone will totally trust the information shared by crypto influencers on YouTube when most of the advertised shows are literally scams.

Every hype in the market is not a piece of good advice and that's why the US authority penalized some influencers this year because their hype has done alot of damage to alot of new investors investment.

Anybody who relies on YouTube for information should be ready to always receive fake news. Most of the people who claim to be crypto analysts are a hungry set of people seeking where to feed from. They are willing to promote any news or shitcoin for monetary gains. Most of their predictions are based on unverified speculation. There might be a few crypto YouTubers who give genuine lectures or predictions but we should always do our research before making any decision.

Don't also believe the predictions of influencers and celebrities in social media because many of them have been paid to promote projects that they know nothing about. Some of these shitcoin or crypto projects will end up becoming scam businesses making customers lose their funds. Kim Kardashian and Floyd Mayweather were recently sued for promoting a shitcoin called EthereumMax which lost almost 97% of its value in a few months after the pump.

Those who falls cheaply using youtube are those who does not know their bases especially those who are eager to know something about a particular thing can easily get lured into fake information on youtube that is why, I do always advise anyone who is curious to know something about a particular field to meet with the person who's already in that field than doing it your own or trying to be smart to learn it from youtube this can lead to a serious damage or falling cheaply into the wrong hands and not everything posted on youtube are legit. Some of them did that to attract subscribers and go build their pages.

Certainly not a good advice. Know that they are not here to actually help us, but to help themselves and attract profits for their own. And if we think that they are educating us, no they’re not responsible to educate us, but they should be educating theirselves so it will be easier for them to attract and lure us whenever they need us to pay for subscriptions that at the end of the day, they are only the ones who are benefiting. YouTube could be a learning avenue for some, but unfortunately a lot of people here in YouTube are not seeing that way, because they are using it just to scam us and steal funds from us.

This is really common these days, I am just really worried on upcoming bull runs and especially once a lot of people already introduced with cryptocurrency and that time a lot of so-called "influencers" will take advantage the platforms or their fame to make money on the people without doing any research and just promoting random projects that will lead to losses on investors especially the new ones.

YouTube could be used for educational purposes, like going there to acquire some crypto knowledge and watching some interviews with previous dignitaries who have made names and successfully completed projects, from which someone can learn something. But you see these guys who say, "Oh common, check this altcoin, which is going to do 100 X in the next few weeks." I avoid those channels, as they will only end up wasting my time and data.
 
If their information is as true as they claim it is, they will not even come out in the open and give it out for free; it could have been sold to some VIP members of theirs. Those channels are being controlled by those who are paid to promote a particular project and hype the coin to the top, which is what they are known for, and we should always disregard information from such people. That's why people come to places like this forum to acquire real information, as no one is paid to talk in favour of a particular project, but opinions are given based on known facts.

You're right, OP. I also learned about the forum through a YouTube video. And what the YouTubers weaved there—you can only laugh now. There was so much unconfirmed information that, for me, YouTube has only been an entertainment app since then. But many people still watch old videos and believe what is shown there. And what’s going on YouTube these days can be called a dump, and to dig up something interesting, you need either recommendations or the competent opinion of the beholder.

this is the bad side of the information that the content creator wants to convey. they know the gap to get more people to visit their content. although most of the images, titles, and descriptions do not match the actual content. we have to admit a trick from them to get attention. those who are more experienced will rule out such content creators, regardless of whether the content is truly interesting or not.
We as readers and people who follow developments in information must be more alert to the information circulating.

Everyone must remember that YouTube is a video sharing website and everyone's opinion there is welcome as long as they're not harmful and they don't go against the platform's rule and policies.

Even if you like what you're watching there and those content creators that are making positive videos about Bitcoin, you still need to guard your heart.

It's because you'll never know that because of too much praise of what's happening in the market and you're just nodding to anything they say, that's quite alarming and you need to do some waking up.

And much more with the negative news and videos they make, always verify and that's simple as that.

Could you recommend crypto-related YouTube channels for a beginner?

They, Youtubers, who create content, videos on Youtube only care about traffic, followers, views for their Youtube channel and their Youtube videos. Quality or not, they don't care but if they have high number of followers, their channels will have more chance to get money from sponsor videos.

With sponsored videos, you can not expect Youtubers to have neutral advertisements for sponsors, projects hire them to advertise.

Your screenshots are good enough but some Youtubers are scammers. They will create videos like x2, double your money by making a deposit to their address, then they will send you a doubled amount.

Crypto YouTubers aren't ashamed of using a clickbait title to lure viewers, they are doing so to make money, and it's true that these people are just entertaining crypto investors, this is how I view this whole thing, it's better you do the same because not all what these people are saying in their video will happen for real.

Few altcoins that did very well in 2021 where not mentioned anywhere online, I am used to watching videos and I have get ti know that they are doing this on purpose, if they tell you a coin that will do well you buying it will increase the value and they won't be able to accumulate for cheap price.

If you are going to pick some new projects yourself make sure people are talking less of the project on Youtube, most of these YouTubers are shilling coins so that their viewers can buy them and they will dump on the viewers unless the coin is top notch, this people can't be trusted, so be careful.

I won't say that you won't find some good, honest and informative videos on YT, but I think that there are very few of them and that it is quite easy to get lost in the pile of videos that the OP is talking about. Maybe it would be better if you start reading about some basic things instead of videos, and I think it's much easier to filter such content.

To begin with, I would recommend you to visit - > https://bitcoin.org/en/ and to pay special attention to the section called Resources.

Although I haven't followed many of his videos but this guy is known to the community, Andreas Antonopoulos.

https://www.youtube.com/@aantonop

As you browse below that channel, you'll see some vids for beginners.

He's got book as well. He can be one of your reference if it's about the YouTube as platform but still, make sure that you do reading as a habit because there are more valuable materials that you can read than of these videos.

I know that we've got different sense in acquiring knowledge and videos are like a shortcut of it with visuals.

99% of YouTubers are crooked, they don't even have a deep understanding of what they are talking but they still have to make a video to keep their views steady. YouTube is a place where you can learn a lot but unfortunately, most of them are misleading, clickbait, and wrong information to get more views so it is your responsibility to cross-check the data they are providing to you.

And why the hell Youtubers are trying this hard for a few hundred dollars of AdSense revenue if they can predict the trillion-dollar market? ::)

Not all of them, I have been following content creators who are honest in their reviews and their dedication to bringing the best content when it comes to Cryptocurrency, but I agree there are a lot of content creators who create hype and FUDS to generate views and likes these are people who have monetized their channel, they don't care about what's true and what's not they only want views and clicks and to maximize their profit, they sensationalize stories to do that.

You can easily feel their intention with how they use shill in their content, your time is valuable so if you're going to follow content creators and watch their videos be sure to check how they present their topic and what you feel after you watch the video, from here you can decide if the content creator is worth following.

No doubt YouTubers are good at promoting fud and negativity towards Bitcoin and crypto as a whole. These has affected lots of people aka newbies who are just joining the system newly.  As we all know, YouTube is a business hub for influencers so everyone of them would want to promote their content to gain click and revenue from streaming and also their endorsement from brands who approaches them for promotion but where I seems not to get it right with team is the concerns you have raised OP.

Influencers fail to conduct their due diligence before going on air to do or say anything about a project. Since they have a large massive fan base, they just promote whatever ever comes their way giving it out to their followers without asking questions but they fail to do all these. What they are after is their pocket forgetting the reputation they had built with time.  At the entire end their fan base gets stucked in projects they have promoted  without any remedy losing funds invested.

Of course, YouTube videos about Bitcoin are often seen as giving the wrong advice. I have seen most YouTubers create videos in ways that are never possible and unimaginable. Basically those videos are seen by newbies and plan to learn from them but these are completely wrong plans. But there are some YouTube channels that give good advice about Bitcoin and their predictions are very critical and accurate. I think one should follow those videos which have good discussion about bitcoin and proper discussion. Nowadays most YouTubers are scammers and advise newbies to fall into this scam and lose their money. So I think it's best not to learn about Bitcoin from such platforms. In our forum people have made various predictions and many analyzes about Bitcoin which would be the best course of action if observed and everyone there gives good advice.

They all are clickbait with those thumbnails and when you try to look for some information they will promote first those crap apps and shit tokens from whom they are sponsored nothing else.They will provide very little insights on these trading matters so whosoever is following their advice should seriously look for some good resources and don't blindly follow what they have to say and personally have said lot of times they are shill promoters with their cringe looks on their faces.

Out of every clickbait information always lies Some Truth do not decide that all crypto YouTubers are deceiving people some do share some very good information about crypto for example the screenshot that OP shared is about Suppoman, 100x returns are for real and there is a way to nailed them if the lied.

I am not crypto YouTubers  fans either but Suppoman have did very well in the past because he always use a spreadsheet to cover all the crypto gems himself and every coins he chooses  did very well in the last bull market and right now is also using a new spreadsheet to pick new crypto projects, you don't have to follow his lead all you have to do is to your research if you really are looking for the next possible 100x gems.

You listening to them doesn't mean you should do the same thing they are doing, do your own research and choose your next gems, I don't believe that all Youtubers don't know a thing about crypto, this Suppoman chose Gala and Matic and even HEX in 2020 and these coins all did incredibly well.

The most amusing thing about all this is that most of them are verified content creators, which means that they have a pretty high subscriber count that they've got probably by creating content that doesn't make a lot of sense for those that have a little experience and make a lot of sense for those who are new in the industry, so basically, their primary target with these videos are newbies that are entering the market and are looking for news and information.

It's been so many years since I came to know about Bitcoin and cryptocurrencies, and not once I used YouTube to get information or anything about Bitcoin or any other cryptocurrency, I always use Google, only after I don't find enough information about a certain topic on this forum and from Google, I check multiple sources and then reach a conclusion.

Most YouTubers did this and they didn't know about their analysis or what they have done. They made mistakes to get some views to their trading overviews as they made on different coins. And I'm sure they are wrong in all these things, as we have heard too much spam word, so they are simply we can say spamming on YouTube, the good thing is we should never listen to them and we should make a positive way for our analysis as a person who learns from its trading scenarios is far better than listening to all these wasting of time videos.

Also, one should not engage in these conversations with anyone, but in these YouTubers, we can't say are the same. Some YouTubers are good traders too and they show live trading on their screens and make some good profit by having some interactions with their apps and they also do transactions live. So, some good traders can make good content and help the users to trade in a better way and stay away from loss.

There is no problem watching youtuber's videos.  Underneath those hypes and FUDs are the current event that is happening in Bitcoin Industry.  We should not be emotional when watching those videos and be keen on verifying information given by these streamers.

We should also compare the videos we had watch, verify the reason behind those hypes and FUDs and check if they are exaggerating.  Don't let this youtubers do the analyzation for us instead we must analyze (after verification) if their information and reasons can really affect the Bitcoin market.

Fake news are spread all over the social media. That's why its always a must to do deep research before you set your mind to believe on something. And youtube which is the most highly demand platform in the social media is no longer an exception. In fact, a lot of those crypto influencers who claimed that they are highly knowledgeable and skillful have maximize their posts in youtube, that's why we need to be more cautious and be more vigilant not to fall in their traps as they are not there to really guide and educate us, but they are there for financial purposes, that is to make money from us once we fall to their traps.

Although I am not telling this generally as there are still youtube posters who are genuine to their purpose which is to share valuable information to the people, but I can say that it's only rare of them who are doing that, since majority of youtubers are only promoting projects because they are paid to. That's why even those unreputable projects turn into valuable ones, because deception is high in order for them to attract an income and get satisfied with their received payments.

Well, as long as they continue to create topics that easily attract the attention of their viewers, most particularly the innocent ones, surely their subscription rate will certainly increase. But I pity those who rely information from youtube alone because they just prove to theirselves that they are not capable to find reputable and legit sources and only think that youtube videos are the most reliable and useful ones. While this gives advantage to the video creators, because the more viewers will open their links and eventually subscribe, the higher the chances that they received bigger income, but on part of the viewers, they only get fake and unreliable posts that will only confuse their active minds.

This is probably the reason why youtube hype videos are not actually helpful at all. Only the video creators highly benefit because they are paid in every video they post, while leaving those viewers being fed with unrealistic and unreliable topics that will only get them in trouble in the future.

For most of us here, this is just nothing but drama and we don't buy anything they say about bitcoins or any investment platforms they are offering rather we stay out of these guys and do our own research because by this time we are all probably capable of doing it ourselves. The problem is those newbies who still don't find this community and only rely on their social media, YouTube, and other biased sites that only promote pump and dump coins which is one of the worst investments you could ever get in your life. If only they had done their own research first, they could surely be here and engage in conversations with us regarding their concerns and surely most of us here can help them with their questions.

Ever since I got involved with anything crypto-related, I must confess this forum has been the only place on the face on the face of the planet where you can get reliable information as it ought to be, because when it comes to YouTube, YouTubers will always want to get for more views (i.e more money), than creating valuable content for the truth. Because one thing I have noticed is that YouTubers only post videos that people wants to see, e.g "How to make $10,000 in 24hrs", since they already know that by creating such video, more people will be interested to watch, and as such, he/she ends up getting more views, which is probably more pay check.

Well, I still believe that not all YouTubers are just here to simply make FUDs and hypes on bitcoin. Some are actually have been doing their best research so they can share the reality about bitcoin. However, only rare of them are doing that as most of the YouTubers are here to promote unreliable projects and make the people believe that it’s worthy of their trust and money, and they can eventually make bigger returns on it in due time. And knowing newbies who can be easily lured with too good to be true projects and eventually put all their money and end up regretting on their rush decisions. That’s the reason why these sort of scammers continue to exist as a form of YouTubers.

However, if we come to analyze it closely, everyone who is hyping in the social media is only up for one thing, that is to make money. So once we are starting to feel that hypes and FUDs are already present, then it should serve as a signal that they should be avoided and should never be given chances to deceive innocent people.

Forum is much better approach to get accurate information, you are very right.
In Bitcointalk it's easy for writers to go into detail by text, next someone else comes and contributes his own knowledge on top of former comments.
In general, a forum is less based on hype, it is more text and more about education. YouTube is mostly based on hype, accurate information comes second.

In Bitcointalk as well, we can find very detailed guides, explanations from many experienced developers. It's a large range of knowledge from many people.
While for such YouTubers, it is often only half.baked content, many YouTubers lack coding knowledge and when such people do a video, it might contain not very accurate information.

Yes, it is only hype in my opinion as well. Bitcointalk is suited for education, YouTube just for hype and YouTubers are milking hype.

Well, from some of the responses you wrote above, I think you are now very direct. Indeed, the content they have created sometimes comes from experts and it is also possible that some of them took several parts from other channels which then combined them into one part to be uploaded to their account so as not to plagiarize, if I take it Many of the words above are half-baked  ;D ;D.

I think it would be wise to take references from several discussion results from some of our seniors here who are experts and understand this matter and even if there is a good channel to follow, just check whether it matches the data and facts of market conditions if someone, for example, wants to trade.

But it can be difficult for any YouTuber to present a very technical topic, take information from an expert and make a video about it. It can always happen for additional information to be lost, for misleading information to get added by mistake, especially when it's not from an expert.
Explaning Blockchain technology can be very difficult sometimes.

Only a real expert who has understood all technical details will be able to ensure it is 100% accurate information.
And he can answer upcoming questions as well.
A YouTuber who's lacking knowledge won't be able to answer questions going more into detail.

I think you are misguided by any newbies youtubers. Some youtubers are familiar with Blockchain all technical information and their videos aee worthy to watch. Honestly, the first lesson a learned about crypto comes from youtube and I can say that youtube is my first crypto school. I am saying that every youtuber is worth to watch but some youtubers have a very deep knowledge which is not easy to understand in just reading thread here. Here also unexperienced member could share wrong information but other members will mark mistake and Youtube have not a such option.

I don't listen to newbie YouTubers because of all above mentioned reasons.
Content from YouTube is very low quality compared to, like content from Bitcointalk.

Some YouTubers have knowledge but probably 95% are very low quality and also YouTube seems to have an internal procedure, where hype videos are often suggested.

I humbly submit that not all YouTube videos are a scam; there are in fact very informative YouTube videos that explain a certain occurrence that is responsible for the change of the price of a certain cryptocurrency in a given time.

For example, there are videos that informatively explain on why the market crashed that is responsible for the decrease on the price of majority of cryptocurrencies. While these videos are not persuasive per se like the ones that are shown on the picture that OP added, general informative videos are essentially important for the benefit of the ones who are curious.

In conclusion, avoid watching YouTube videos that contain people who compel/persuade you to invest in a certain altcoin without even explaining on why it is recommended. Also, always verify the facts that you have watched as the decision still lies on your discretion.

I wanted to add that some YouTubers may try to scam you by encouraging you to deposit funds into an illegitimate crypto site with the promise of huge returns.

I was a newbie to cryptocurrency and sought information on YouTube to broaden my understanding. I came across Eddie Moon's YouTube channel and was impressed with his knowledge, so I decided to join his Patreon and Discord. Eddie Moon contacted me and suggested that I deposit my funds into webulltradingbot.com for high returns. Consequently, I followed his advice and deposited my money there. Unfortunately, I am now unable to withdraw my funds unless I make additional deposits into the website.

Yeah, that's true.
An average YouTuber is after getting a huge number of followers and so they will create topics and images that will fetch in subscribers for them even when the quality in the information they are padding is very low.

For those that are a bit experience in the Bitcoin soave, its easy to know when a channel had content of low quality byt I doubt a total novice who is just trying to figure out his way around Bitcoin will easily different the good from the bad channel.

Newbies may have a hard time differentiating good from bad channel but learning is a progress.  As this newbie is learning the curve of Bitcoin, he will then realize that some channel that he thought is a good source is actually a bad one.  As long as the newbie keep on digging information and do not rely on one sources of information, he will be able to identify myths from facts, good channel from bad channel.

Sadly one of our friends here hastily jumped into believing some streamers without doing any proper research or inquiry about the investment the youtuber offers.


 Always stay vigilant and never trust anyone on the internet.  if they offer us too good to be true investment scheme (those that promised huge pay out) be doubtful of that offer.

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When it comes to youtubers advice, we can always check whether the hype have  a valid argument.  Like the base foundation why there will be a price surge or price downtrend.  It should be supported by fact and not by some speculation that comes out of no where but in their own belief.