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Bitcoin => Bitcoin Discussion => Topic started by: coolcoinz on November 20, 2022, 04:09:57 PM



Title: A reminder about the media
Post by: coolcoinz on November 20, 2022, 04:09:57 PM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media 8)


Title: Re: A reminder about the media
Post by: krishnaverma on November 20, 2022, 04:44:03 PM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media 8)

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.


Title: Re: A reminder about the media
Post by: dimonstration on November 20, 2022, 05:00:09 PM
Is the news outlet finally turning to mega bearish? The last time I read news was they are expecting a recovery since Bitcoin is consolidating around 15k to 16k price area.  :D

News outlet usually just follow the trend the market since that’s what people want to see. People wants to see the price to go lower on bear market since they want to buy cheaper price. This is what media outlet feeding to crypto people to attract them to read there articles. It will not hurt to play safe but following news is really the dumbest thing to do specially on trading.

Good catch on that news.


Title: Re: A reminder about the media
Post by: kryptqnick on November 20, 2022, 05:35:47 PM
Checked the pricing after these dates. Oh wow, they were extremely wrong and totally missed a start of the bear market. That, of course, doesn't mean that this time around we'll have the opposite situation, as the bear market may well continue into the next year. But it's indeed a good reminder that the media make terrible mistakes when it comes to predicting the price of Bitcoin, and that price predictions aren't scientific in nature. There's no science-backed way of making such predictions, and thus anyone is as good as anyone else in this matter.


Title: Re: A reminder about the media
Post by: Ultegra134 on November 20, 2022, 05:36:11 PM
News outlet usually just follow the trend the market since that’s what people want to see. People wants to see the price to go lower on bear market since they want to buy cheaper price. This is what media outlet feeding to crypto people to attract them to read there articles. It will not hurt to play safe but following news is really the dumbest thing to do specially on trading.
I couldn't have said it better myself. I've also noticed this pattern in news coverage. When the market is bullish, excessively optimistic predictions keep popping up, and the exact opposite thing happens during bearish periods. News and predictions mostly follow market trends, just like you said. I don't see any valid reason to take them into account. I don't even bother reading any kind of analysis or news anymore. That keeps my mind at peace. Although Bitcoin has taken a hit due to the FTX fall, it's perfectly normal since the cryptocurrency world has taken a solid hit with it being one of the largest exchanges worldwide.


Title: Re: A reminder about the media
Post by: elda34b on November 20, 2022, 05:42:39 PM
Media is a good contra indicator if you can see the pattern. If you're super optimistic outlook or very bleak portrayal of the market, prepare for the opposite to happen or wait for the sideways. I remember there is a site that collect news articles on this topic but I can no longer find it. Twitter is the main echo chamber these days, if that website is truly gone maybe we won't see such an accurate contra indicator in the future. Of course, at the end of the day it is just a prediction, it may or may not come true.


Title: Re: A reminder about the media
Post by: JeromeTash on November 20, 2022, 05:56:49 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.


Title: Re: A reminder about the media
Post by: DdmrDdmr on November 20, 2022, 06:29:27 PM
One of the core factors behind is the need to generate articles very frequently, something that has multiplied over time as more media write about bitcoin news. This urge to publish paves the terrain for articles being spun with no solid fundamentals, many entering the speculative area base upon this or that analysis or prediction pulled out of the backside slit. On other occasions the news may be imprecise, misinterpreting what the original source really states, or decontextualizing it, causing the part to be taken for the whole. That is when we don’t get to see articles about how bitcoin has gone up 0,x% today, which are pointless.

The above though does not take away that news will be propagated through the media, and important information is bound to find its path to them, and subsequently to us. When we read articles here and there, it’s up to us to separate the wheat from the chaff, contrast the information we’re interested in, and formulate our own assessment.

It is true that, for those who casually take a peek at the media these days, they may be getting the impression that bitcoin is dead due to the amount of pseudo-apocalyptic articles around, just as a casual peek a year ago made us apparently make it to the moon and beyond (through bitcoin) without a shadow of doubt.


Title: Re: A reminder about the media
Post by: coolcoinz on November 20, 2022, 06:35:58 PM
Is the news outlet finally turning to mega bearish? The last time I read news was they are expecting a recovery since Bitcoin is consolidating around 15k to 16k price area.  :D

News outlet usually just follow the trend the market since that’s what people want to see. People wants to see the price to go lower on bear market since they want to buy cheaper price. This is what media outlet feeding to crypto people to attract them to read there articles. It will not hurt to play safe but following news is really the dumbest thing to do specially on trading.

Good catch on that news.

I feel like they're mega bearish and so is youtube. The majority of news revolves around 3 things.
FTX being a scam that will make people lose trust in cryptocurrencies and allow politicians and banks to overregulate.
Possible bankruptcies of other companies that had investments on FTX and possibly a liquidation of their assets.
FTX hacker dumping stolen coins on the market.

I haven't seen such fear in the media since the Chinese bans that followed Gox bankruptcy in 2015.


Title: Re: A reminder about the media
Post by: aoluain on November 20, 2022, 07:37:41 PM
The media have to sell their products and they need to sensationalise their cover story
especially when it comes to Bitcoin and crypto. The only ones who will be influenced by
these are the same game who will react negatively to the markets. Bitcoiners won't be
affected by what the media report.


Title: Re: A reminder about the media
Post by: Welsh on November 20, 2022, 07:51:23 PM
One of the core factors behind is the need to generate articles very frequently, something that has multiplied over time as more media write about bitcoin news. This urge to publish paves the terrain for articles being spun with no solid fundamentals, many entering the speculative area base upon this or that analysis or prediction pulled out of the backside slit. On other occasions the news may be imprecise, misinterpreting what the original source really states, or decontextualizing it, causing the part to be taken for the whole. That is when we don’t get to see articles about how bitcoin has gone up 0,x% today, which are pointless.
It's the story of every industry. Every company basically expects you to do better than previous years, in terms of revenue. So, everyone is expecting more money, and it's never sustainable. A lot of journalists as an example start their careers off very well, they don't just post for the sake of it, and they don't make stuff out.

Yet, with time the motives for covering stories changes, it's not to tell you truth or keep the world in the know, instead it's all about money. You're absolutely spot on, that it's about generating enough articles that they're meeting their quota. This results in plenty of stories that just don't cover anything new, and they're just reiterating the same bloody story that they've already covered.

Plus, negative news sells. Positive news, doesn't so much. Drama is literally the money maker, and that's why you see these headlines which are basically taking something bad, and turning it into the end of the world.

Bitcoin has been subject to this for years, I stopped following the news years ago. The only time I read the news related to Bitcoin is through this forum. Any other news I only read big the bigger stuff like the Ukrainian war etc. If we all did this, we'd probably live happier lives.


Title: Re: A reminder about the media
Post by: Fatunad on November 20, 2022, 07:59:36 PM
The media have to sell their products and they need to sensationalise their cover story
especially when it comes to Bitcoin and crypto. The only ones who will be influenced by
these are the same game who will react negatively to the markets. Bitcoiners won't be
affected by what the media report.
Doesnt trust up media since from the beginning.Yes, they might impose up some news but not all of them are precise and honest.Some of them are part of a propaganda which it doesnt surprise me.  8)
Making ourselves fully aware on whats the trend isnt bad, but you should really know on how to make yourself emotinally strong whenever you do be able to read up some FUD or obviously
just trying to make the market trend even more worst.Usually you cant really be affected with these kind of news or fundamentals if you've been around for this market for some time.
You cant really just easily trust up on what the media been showing off most of the time.


Title: Re: A reminder about the media
Post by: Adbitco on November 20, 2022, 08:06:09 PM
Media personality or blogger and press do use a catchy topics for trending their news line even on youtube as well. Impossible news seems to look very attractive to viewers whereas without knowing they are misleading the general public, let's say the article was created on the 12 of November and expecting price to get 90k in next week which was meant to be 19th and today is 20th yet we didn't see any sign of bull for market to hit $90k as the article says.
This is misleading investors and to those who don't have their own portfolio that is too open to be deceived by market news.


Title: Re: A reminder about the media
Post by: AmoreJaz on November 20, 2022, 08:59:06 PM
Media personality or blogger and press do use a catchy topics for trending their news line even on youtube as well. Impossible news seems to look very attractive to viewers whereas without knowing they are misleading the general public, let's say the article was created on the 12 of November and expecting price to get 90k in next week which was meant to be 19th and today is 20th yet we didn't see any sign of bull for market to hit $90k as the article says.
This is misleading investors and to those who don't have their own portfolio that is too open to be deceived by market news.

those are clickbaits of these people just for the public to take notice of their vlog or blog. if you are a crypto user, much better if you will trust your own instincts and not be bothered by some baseless speculations. if you will follow these people, you will more likely lose your money in no time. as anyone is free to publish what they thought of this market, you can surely read such predictions that more then likely won't happen in real scenario. don't expect too much. stick to the reality of this market.


Title: Re: A reminder about the media
Post by: dothebeats on November 20, 2022, 10:07:46 PM
Right, another speculation on the price of bitcoin. Well, these are no different to what the media portrays anyway, however on these predictions, bullish sentiment can be seen whereas in the media it's only negative from that they're after. No matter how feel-good or positive these predictions are, you can't deny the fact that we are still being battered by lots of sell orders due to the FTX fiasco that occurred very recently. Investor confidence on any alts is very low, and you can't really convince them otherwise at this point in time given how fresh the issue is.


Title: Re: A reminder about the media
Post by: jossiel on November 20, 2022, 10:47:35 PM
Follow only and extract those that are helpful not just to get those information but also for your mental health.

The market has been stressing and many can't think properly when they're already invested that much to it. Well, the experience ones will just endure everything to it.

But the concerning are the new ones. It's true if the media is just adding stress to your mental health, don't follow them, unfollow all of them and free yourself from being attached to rumors, hypes, good and bad news.


Title: Re: A reminder about the media
Post by: GeorgeJohn on November 20, 2022, 11:04:21 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Some people do decisive themselves in Bitcoin via online which is wrong conception, because it's obvious that social media Carrie's a negative information concerning cryptocurrency, so about hundred percent of newcs out seventy carried via social media is not trustworthy information, so personally I can't adhere to social media dispensing of cryptocurrency price, i tagged such informations as fake one. So obtaining information's there is not adoptive.


Title: Re: A reminder about the media
Post by: sheenshane on November 20, 2022, 11:17:27 PM
It depends!
Social media reports sometimes depend on their broadcaster/author, while others will against it, while some of them are on the Bitcoin side.
I believed legitimate social media delivers quick news that happens in the crypto space, but when they give predictions on Bitcoin price or the entire crypto market, that's the time I won't listen to them because it might some of them, are attention seekers.

Prediction, guessing, or speculation regarding crypto price, no other than just believing in yourself.  Use social media to use your fundamental analysis but not their price predictions which mostly are terrible.


Title: Re: A reminder about the media
Post by: hatshepsut93 on November 20, 2022, 11:33:49 PM
Here's a quick reminder that they're wrong every time and always follow the trend.

If they were wrong literally every time, you could do the opposite of what they say and become a billionaire.

The way I see it, the media generally just follows the trend. They amplify bullish message when the market is bullish and do the same when its bearish.

What people should remember is that Bitcoin is purely speculative and very unpredictable. The trend can reverse at any moment, there is no good way of calculating what point will be the top or the bottom of a market. There's no expert that has made consistently precise predictions.


Title: Re: A reminder about the media
Post by: Baofeng on November 20, 2022, 11:36:01 PM
You really have to learn how to read between the lines. Crypto based media is one of the worst journalism that you can get, I mean those writers didn't do research and probably just putting articles there to create FUD.

And I think this has been the subject this 2017, as far as I can remember. There was even one thread just to have all this negative news.

So yeah, we shouldn't believed what we all see in the internet specially if it's about crypto and what is going on around with the market. Those media outlet could have some narrative and try to spin every news to create confusion and panic.


Title: Re: A reminder about the media
Post by: kawetsriyanto on November 20, 2022, 11:41:56 PM
Media purpose is always to attract people with something interesting. They apply varied ways, including predicting a very convincing trend. That's why it wasn't surprising if there were many media who claimed BTC skyrocketed to $100k in the previous bullrun season. In reality, Bitcoin never reached $100k, never passed $90k, or not even close to the predicted prices. This is a warning for everyone to not trust the media 100%, always do our own research to predict the next trend or next crypto prices.

By the way, lately we must hear that some media claimed Bitcoin price may drop to $10k or even lower than $10k. It is not so different from the same FUDs in 2021, the media try to attract people with these FUDs. Also, the whales may be the factor behind the FUDs spreading by the media. They may have the intention to influence BTC holders to do panic selling. So, they can buy as many as Bitcoin and altcoins at very cheap prices.

- https://www.bloomberg.com/news/articles/2022-07-10/bitcoin-faces-another-50-drop-wall-street-says-mliv-pulse
- https://www.kitco.com/news/2022-08-11/Bitcoin-to-fall-to-below-10k-won-t-see-new-highs-again-Peter-Schiff.html

*Just ignore them, they are only made to make us feel worried.  ;)



Title: Re: A reminder about the media
Post by: GreatArkansas on November 21, 2022, 12:42:17 AM
This is already proven even before. Media is one of the big players in the market, especially in cryptocurrency, these media platforms are always there trying to manipulate the minds of every people, especially these new people who are coming into the cryptocurrency market.
Also before there are a lot of rumors that whales, the big companies are connected with big media platforms to manipulate the market. So always verify.


Title: Re: A reminder about the media
Post by: Fundamentals Of on November 21, 2022, 02:13:57 AM
It is not so hard to notice how the media is generally biased against Bitcoin. They cannot seem to be objective in reporting news about Bitcoin. They always side with the negative possibilities or tendencies. They are always looking at things from the perspective of a critic and an ill-wisher.

For many years the mainstream media has declared Bitcoin dead. That happened since the price of Bitcoin was lower than $10. It went on and on until the price reached $50,000 and beyond.

If they're truly objective, they should have given weight to Bitcoin's increase from 0 to $69,000 rather than from $69,000 to $20,000. It made them very obvious with their motives.


Title: Re: A reminder about the media
Post by: Sebas.tian on November 21, 2022, 03:18:58 AM
Many people has missed their opportunity in the past,  because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.


Title: Re: A reminder about the media
Post by: sulendra12 on November 21, 2022, 03:28:07 AM
Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.


Title: Re: A reminder about the media
Post by: Silberman on November 21, 2022, 05:04:13 AM
Many people has missed their opportunity in the past,  because they listen to Media than their own personal research before carry out a particular project in the community. Now that investors and traders are experiencing bearish market, which is the best opportunity to buy coins and hold for future purpose, but some media news will be telling you not to buy coins in this period that the price will still decrease more than $14000, which will be difficult for investors and traders to experience in this bearish market. If you want to remain in profits making in the community, learn how to depend on your personal research than media news, because many people has lost their incomes based on they listen to Media than their own personal research.
To add to this we need to think about what the successful traders and investors around the world would do, do they listen to what the media says and follow the advice they read or they decide to do what their own research tells them? And it is obvious they do the latter 100% of the time, no one can become successful following what the media tells you, because if you dig hard enough you will find all kind of contradictory information when it comes to the markets, so you may as well do what your skills tell you, because even if you are mistaken and you lose money you will learn something from this and the next time you find yourself in the same situation you will not make the same mistake again.


Title: Re: A reminder about the media
Post by: mindrust on November 21, 2022, 05:17:17 AM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media 8)

Youtube and legacy media (TV, newspaper, magazines) are all about getting clicks/interaction. They don't care if the news is accurate or not, if their predictions make sense... No. They only want you to read their crap and get the ad providers' money. Basically they are feeding you with bullshit to get the ad givers money. The more ridiculous bullshit they spew out, the more shit flies they attract. That's why we have seen crazy price estimates like $1.000.000. Some dude which is dead by now even said he is going to eat his dick if bitcoin hits $1.000.000.


Title: Re: A reminder about the media
Post by: kamvreto on November 21, 2022, 05:19:12 AM
Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

filtering the news we read might be very good to apply. Because a lot of negative news is not in accordance with reality. The big media that started reporting that bitcoin and crypto were too extreme certainly had a purpose behind the news. Problems like FTX are even being reported to destabilize the market. Just look at the moment, the bitcoin price touched the $15800k area and this is a decline caused by some negative sentiment.
Technicals will remain the benchmark for where the bitcoin price will go, fundamentals are only complementary and those who manipulate the news have little or no influence.


Title: Re: A reminder about the media
Post by: darkangel11 on November 21, 2022, 07:46:38 PM
Sometimes your crypto friends and groups are more reliable than those mainstream internet medias out there.

They probably only doing it just for the sake of views and fames without doing some double check before writing the articles on their sites. Whenever they see the big speculators say something, then they are gonna blatantly copy the whole thing because they think that's the most correct one in this regards. Looking at news are fine but it's always better to validate the news by yourself.

I'd say they usually are more reliable. The Internet allows everyone to state their opinions but platforms like youtube filter them for you by recommending you people with a lot of views. I don't watch channels that present opinions. I don't want them to try to convert me and I don't want to waste time arguing with them. When I go online I just watch computer gaming or music videos. I stay as far from media outlets as I can. 


Title: Re: A reminder about the media
Post by: Mpamaegbu on November 21, 2022, 08:53:18 PM
Let me paraphrase one of the few expressions here in 2018 or so, "Get ear plugs and plug them in whenever there's FUD on Bitcoin." It was a thing then but didn't make much meaning to me because it was during a bear season and I was losing money as my portfolio was steadily going down. My investment was dwindling and some people were advising I acted like nothing was happening? It was the most bizarre situation to be in at the time. Happily, today I know better. I would also encourage those who are experiencing great losses during a bear season (on Bitcoin) to do same too with the ear plug thing with the media. Sieve out the media and its FUD on Bitcoin.


Title: Re: A reminder about the media
Post by: TheUltraElite on November 22, 2022, 10:41:37 AM
The use of crypto news media should only be to keep track of what's new and happening in the crypto sphere. Not to make predictions or place orders from. Major technical analysis done here will be failing and they are only posted for filling their daily quota of articles.

So better to treat the coin prices as just numbers and not get influenced by the news that keeps on going on and on, good or bad.

The more you see the news the more confused you will become and that will affect your trading decisions and the chance of making money.


Title: Re: A reminder about the media
Post by: Tubicolous on November 24, 2022, 07:53:26 AM
I think it is crucial to filter the news related to crypto, what we watch about it, and the frequency of watching it because the more we watch it, the more anxiety it causes if it is negative news. Plus, there are not many credible news sources to verify online. So doing our own research is far better than depending on the news itself.


Title: Re: A reminder about the media
Post by: Blawpaw on November 24, 2022, 08:53:21 AM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media 8)

You should actually pay attention to the news. It is more than known that usually they just produce FUD content. However, it can actually be very helpful information as you should do exactly the opposite of what the news tell you and you should be in the money.

Big investor groups control the news, so the usual trader or user will shake everytime he hears the news and his actions will also be influenced by the news. That's how they play it, so you should hear the news and do precisely the contrary.


Title: Re: A reminder about the media
Post by: Gallar on November 24, 2022, 09:02:04 AM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.
As true bitcoiners, we have to see this situation from many perspectives, don't just blame bitcoin and get sidetracked by skewed news.
maybe people like that are beginners, because if not beginners, it can't be like that.
An investor who doesn't value when the market goes down, he certainly won't get the market going up either.


Title: Re: A reminder about the media
Post by: Gallar on November 24, 2022, 09:08:49 AM
This is already proven even before. Media is one of the big players in the market, especially in cryptocurrency, these media platforms are always there trying to manipulate the minds of every people, especially these new people who are coming into the cryptocurrency market.
Also before there are a lot of rumors that whales, the big companies are connected with big media platforms to manipulate the market. So always verify.
now every time I open my browser I will find news saying that bitcoin will become extinct, but after I read the article, it's just the market going down as usual, and a normal cycle.
Beginners will definitely easily believe in news like that, because the news can scare investors, especially beginners.


Title: Re: A reminder about the media
Post by: Nrcewker on November 24, 2022, 09:15:29 AM
We should follow media, but yes follow only legitimate news source or medias. We should strictly avoid the media who just fuses up everything in the sake of clickbait and hence it makes our moral down. We are the Gen Z people, we know how the world works. So definitely when we talk about Bitcoins and investments, we are well aware of all the situations. This bear market will soon end. So instead of panicking, think wisely and buy Bitcoins in this low price. This is the best thing one should do.


Title: Re: A reminder about the media
Post by: CryptoHeadlineNews on November 24, 2022, 10:27:26 AM
I'd like to remind those of you who feel wear down by the  market and the media headlines make them feel even worse.
You wake up, check the news and get served a bunch of FUD about bitcoin. Then you go to youtube and get another dose because most bitcoiners there turned into bearish haters.
Here's a quick reminder that they're wrong every time and always follow the trend.

09 November 2021
Bitcoin (BTC) At New ATH, Key Factors Showing Why We Are At Beginning of the Mega Bull Run
https://cryptonews.net/en/2576747/

12 November 2021
Bitcoin due to hit $90K 'in coming weeks' despite pullback — Latest technical analysis
https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

Stay strong and don't follow the media 8)
And the truth of the matter is that media will always tell a story the way people wants to hear, while taking advantage of the current market movement just to drive traffic to earn a penny, because I can remember last year how we got so many prediction after the ATH bull market, of people saying Bitcoin could likely hit $100k before the end of December 2021 simply because the market was bull back then, and likewise same thing now happening all over the media of most people predicting Bitcoin couldd fall to $10k due to the recent bear market caused as a result If FTX hack and Russia/Ukraine war
So the fact here is that there will always be news on social media predicting the possible price movement of Bitcoin at all times.

Here are examples as a result of the recent bear market

https://i.ibb.co/f8KWxbq/Screenshot-20221124-102343.jpg (https://ibb.co/mvYKcmb)

bitcoin can still go to zero Peter Brandt says (https://www.google.com/amp/s/u.today/bitcoin-can-still-go-to-zero-peter-brandt-says%3famp)

how crypto goes to zero (https://www.economist.com/finance-and-economics/2022/11/23/how-crypto-goes-to-zero)


Title: Re: A reminder about the media
Post by: Antonas1 on November 24, 2022, 01:32:05 PM
Bad news is good news (for money). And there are those who use the media to control the market.

I am a person who doesn't really follow/read news in the media about cryptocurrencies. The news will be good for traders, but not for me. I don't care. I'm not a trader. I only buy when I have the money (fiat), hold it, and change to fiat if I need (even if the price drops).


Title: Re: A reminder about the media
Post by: Yatsan on November 24, 2022, 02:06:47 PM
Media has both down and up sides. If good news would be caught by the media, then expect that it would be passed to more people creating a bigger and longer wave for the market value of cryptos. But also its counterpart with issues which often causes worry especially to those who are not knowledgeable enough. New investors are highly and could be easily persuaded. A normal reaction given that it is money we are talking about. But for the same reason, people should know more about their investment to not be carried away into the cliff one day.

We should follow media, but yes follow only legitimate news source or medias. We should strictly avoid the media who just fuses up everything in the sake of clickbait and hence it makes our moral down. We are the Gen Z people, we know how the world works. So definitely when we talk about Bitcoins and investments, we are well aware of all the situations. This bear market will soon end. So instead of panicking, think wisely and buy Bitcoins in this low price. This is the best thing one should do.
Not always the good part of your investment. One should also know its downsides in order to be prepared for it. If an investor would only eye in the profit, then expect a shocking scenario given how volatile the market is.


Title: Re: A reminder about the media
Post by: Findingnemo on November 24, 2022, 04:50:34 PM
I do want to remind something to the HODLers which is stop looking at the price everyday which will create more frustration and along with the media influence amateurs can make wrong choices and decide to sell at the wrong time. Look at the successful investors strategy whenever they see red all they do is buy as much as they can if the company/ assets/ crypto has potential to grow.


Title: Re: A reminder about the media
Post by: Finestream on November 24, 2022, 07:22:54 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Profits is still their top priority. That is why there’s no significance anymore following the news and keeping up with updates, because they seem not happening at all in reality. The most important is we know what should be properly done with our bitcoin when the market is bearish or bullish. Media is just all about FUDS so we should know when to believe it and when not to.


Title: Re: A reminder about the media
Post by: FatFork on November 24, 2022, 07:44:43 PM
Don't believe everything you hear and read. In today's world, opinions are often just that - opinions, and the truth of the matter may not be there at all. That's why it's always important to think for yourself, avoid media sensationalism, and do your research if you want to make informed decisions on investing in the markets. The point is, the current market movement does not exists because of people's opinions, but because of a big money global information distribution industry, who could be at the same time publishers, advertisers and the entire media stream.


Title: Re: A reminder about the media
Post by: justdimin on November 24, 2022, 09:07:01 PM
And the truth of the matter is that media will always tell a story the way people wants to hear, while taking advantage of the current market movement just to drive traffic to earn a penny, because I can remember last year how we got so many prediction after the ATH bull market, of people saying Bitcoin could likely hit $100k before the end of December 2021 simply because the market was bull back then, and likewise same thing now happening all over the media of most people predicting Bitcoin couldd fall to $10k due to the recent bear market caused as a result If FTX hack and Russia/Ukraine war
So the fact here is that there will always be news on social media predicting the possible price movement of Bitcoin at all times.
I feel like they do not even tell a story the way people want to hear, they just tell a story that will get a lot more attention. This doesn't need to be what people want to hear, as long as it gets attention, it could be hatred as well as long as it gets clicks.

That’s what media cares about these days, clicks, which means that they can tell the truth, tell the lie, tell good thing, tell bad thing, it really doesn't matter to them as long as they can get attention. One million unique visitors to a website equals to a HUGE company, and I mean huge, and you need just one website. So, it is very important to attract people to the website all together.


Title: Re: A reminder about the media
Post by: Kelvinid on November 24, 2022, 09:34:24 PM
Don't believe everything you hear and read. In today's world, opinions are often just that - opinions, and the truth of the matter may not be there at all. That's why it's always important to think for yourself, avoid media sensationalism, and do your research if you want to make informed decisions on investing in the markets. The point is, the current market movement does not exists because of people's opinions, but because of a big money global information distribution industry, who could be at the same time publishers, advertisers and the entire media stream.

Too unfortunate and now that hard to find a reliable source of information if the media can't be trusted anymore. I'm not going to disclose the fact that this is really happening but I think, some media are still doing their best in order to provide useful and reliable information. But some media has been controlled by politicians or business institutions and they have nothing to do but throw negativity against others.


Title: Re: A reminder about the media
Post by: Cookdata on November 24, 2022, 09:37:01 PM
People should be aware that the media can both make and destroy them, the media will always claim to be for the truth, but in fact, they are just interested in traffic and revenue for their authors.
I recall when bitcoin was making waves, setting new all-time highs, it was all bull headlines upon bull headlines but a little negative news, they will write more than what is required or needed for investors, which leads me to believe that the media always has short or open positions in the bitcoin market, they know they control the market and they know they can change people's views on the market and they use that to their advantage, don't listen to the media. It's no surprise that Donald Trump never takes them seriously.


Title: Re: A reminder about the media
Post by: KingsDen on November 24, 2022, 10:32:08 PM
If your level of maturity in this industry has not gotten to the extent that you have to ignore the media and also ignore the speculation that is making wave run the media and even in this forum, know that you are not mature enough to handle the things of Bitcoin.

I have come to an absolute idea about bitcoin and that is the fact that bitcoin is cyclical and your ability to know the cycle you are into and when next the cycle will end all new cycle begin is all you need to strive and succeed in the cryptocurrency industry.

When the media masters peddle false information they will do it to extreme and when they want to follow up a good information they will over-exaggerate it. Remember how the $100,000 target was defeated.
It is high time we learn only to buy low and sell high. If you think you don't know the low, just know the last ATH and compare it to the present price and you could make your decisions.


Title: Re: A reminder about the media
Post by: lalabotax on November 24, 2022, 11:25:45 PM
Why trust the media 100% if we already know that sometimes the media only reports negative news about Bitcoin, news from one party, based on pressure or requests from certain parties.. The media will continue to make something that goes viral because they always want to get money from the news. For some reason, nowadays, the media seems to only focus on getting people to read their news, not the essence because sometimes their reports don't match up. That's why we have to be wiser and smarter in managing all news from the media. Maybe there are times when that is true, but we should cross-check to find out what's behind the news. As is Bitcoin's ugliness and FUD. We already know and even understand, so it would be better if we were not influenced by the media. We need to be vigilant because sometimes unknowingly, the media leads us to bad opinions about Bitcoin and its aftermath.


Title: Re: A reminder about the media
Post by: yudi09 on November 25, 2022, 06:25:13 AM
Stay strong and don't follow the media 8)
Nice reminder OP  :)

It is enough just to give a smile when reading news like that because after all we need to read the media to find out information. However, regarding the truth of the information displayed by the media, we must first consider it, not immediately accept it as truth because the actual accuracy of the data is the benchmark.
Often at the end of the news they write this information is only based on the author's thoughts not to be used as a reference.


Title: Re: A reminder about the media
Post by: davis196 on November 25, 2022, 06:51:28 AM
The mainstream media would never be favorable towards cryptocurrencies. Way too many banks, investment funds and other fiat financial companies are advertising on the mainstream media. That's why it will always favor the fiat financial system.
I don't bother reading news about crypto on online newsletters or big blogs. The news are either FUD or straight on hating on crypto, mostly because "it's not regulated and there are way too many scams". Even when the ATH was hit on November 2021, most mainstream media was criticizing Bitcoin for being a giant bubble, which is about to burst. That was partially true, most Bitcoin bull markets are basically price bubbles, but there's nothing wrong with that.


Title: Re: A reminder about the media
Post by: Issa56 on November 25, 2022, 07:12:19 AM
When it comes to bitcoin, I really don't believe anything I see on the Internet, because I know there are so many people out there who want it to die. Even people who don't know anything about bitcoin will still criticize it. If bitcoin were to follow the news on the internet, it would already be extinct by now. If you want to invest in bitcoin, you should just disregard what you hear on internet or you might endup losing hope.


Title: Re: A reminder about the media
Post by: yazher on November 25, 2022, 08:37:59 AM

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.

Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.


Title: Re: A reminder about the media
Post by: Kasabus on November 25, 2022, 07:29:45 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Definitely it’s all about money at the end of the day. Media is not concerned at all if it’s reality or not but as long as people like their contents, they will eventually pursue about it. That is why we don’t have to rely on media for all our market movement decision, always check the news and make a good analysis on the crypto price movement in the market.


Title: Re: A reminder about the media
Post by: isaac_clarke22 on November 25, 2022, 07:52:33 PM
~
This is like those usual "technology bad" mentioned by some ignorant boomers. Just because something is gaining a lot attention from the public, then they will just try to talk crap about it to bring it down to Oblivion. There are some news article page in Facebook that are just neutral which are hundred times better than those scums that are just biased at any ways.

Regardless of their neutrality anyway, I don't rely my decisions from what I just solely hear from the headlines and the first lines of the news. This is why most of the time I usually also use adblockers when reading these articles.


Title: Re: A reminder about the media
Post by: danadc on November 25, 2022, 08:03:05 PM

These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.

Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.
I do not know much about investment, but if I look at many articles and when there is positive news I am happy because I have a little bit of bitcoin and that is something that makes me happy because if the price rises it means that the increase in money fiduciary is greater, I do not see my investment or review the amount of bitcoin I have because it demoralizes me, I bought a little bit of bitcoin when it was at 20,000 dollars, but I do not plan to sell when it reaches more.

For investors, how do they do when they see their bitcoin drop in price, how do they not go into despair? I don't have a complete 1bitcoin, but I know that many have more than 1bitcoin, and seeing the value drop is something tremendous.


Title: Re: A reminder about the media
Post by: lionheart78 on November 25, 2022, 08:05:53 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Profits is still their top priority. That is why there’s no significance anymore following the news and keeping up with updates, because they seem not happening at all in reality. The most important is we know what should be properly done with our bitcoin when the market is bearish or bullish.

Every industry's priority is profit.  Is there any industry that does not prioritize it?  Even the health industry which is supposed to be more concerned with life give priority to profit.  And that desire to get profit also drives media outlets to perform better.  So it is a pro-con thing but one thing is important, don't just believe things that we read online.  Have time to research and check them.  That way we can avoid doing things that may result in possible financial losses.

Media is just all about FUDS so we should know when to believe it and when not to.

I disagree, media is the major sources of information and isn't all about FUDs.  Although the media thinks that having bad news is good news for them because people are more interested in negative news than a positive one, but, the media also reports development, updates, political effect, economic effect, and a lot more.  Media is more than spreading FUDs, I bet we all know that but of course, we need to be vigilant because not all that is published online is the truth.  We need to verify them especially when it affects the market decision that may possibly bring us losses.


Title: Re: A reminder about the media
Post by: uneng on November 25, 2022, 08:37:03 PM
Stay strong and don't follow the media 8)
Nice reminder OP  :)

It is enough just to give a smile when reading news like that because after all we need to read the media to find out information. However, regarding the truth of the information displayed by the media, we must first consider it, not immediately accept it as truth because the actual accuracy of the data is the benchmark.
Often at the end of the news they write this information is only based on the author's thoughts not to be used as a reference.
I believe we have to follow logic and reason. If you know how to filtrate the informations you receive from the media, you aren't going to get fooled by their fake news, while also being able to absorb legit content they report.

A big mistake nowadays is to go extreme, discrediting every journalists and media vehicles, because a portion of them don't have a compromise with the truth, with facts. There are honest and dishonest journalists, like in every professions.

Regards expectations on bitcoin price, we also need to be careful, because the same way there are the news to spread FUD, there are also the news to spread illusions, launched by speculators and social influencers over common investors.


Title: Re: A reminder about the media
Post by: Ziskinberg on November 25, 2022, 09:37:02 PM
I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports,  I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.


Title: Re: A reminder about the media
Post by: BitDane on November 25, 2022, 09:47:06 PM
I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports,  I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.

Yeah, instead of hating media, we must be selective of information to absorb.  We must compare the information with other sources and check the credibility of the writer.  More often than not, unknown writers often release misguiding information with an intention to cause chaos or FUD if it is in the marketplace.  So we shouldn't make ourselves to easily believe anything that we read online.  We must verify them as much as possible.


Title: Re: A reminder about the media
Post by: AmoreJaz on November 25, 2022, 09:53:25 PM
I never hate media because it is still useful to others matter but sometimes it turns me off when keep hearing always on the negative side of crypto without telling us what we possible to get from it. Sometimes I can say that the media are biased in their reports,  I'd also say that they got influenced by someone else. This is the reason why we should not be reliant on them but rather do research from other sources. For now, it gives us no confidence at all because media are now become a medium to spread negativity.

Yeah, instead of hating media, we must be selective of information to absorb.  We must compare the information with other sources and check the credibility of the writer.  More often than not, unknown writers often release misguiding information with an intention to cause chaos or FUD if it is in the marketplace.  So we shouldn't make ourselves to easily believe anything that we read online.  We must verify them as much as possible.

media is important in the publication of news and other things. as much as we want factual news, we can't always expect to read such. so yeah, it is our responsibility to validate what we are reading. no one will tell you which one is fake or not, it is on us how we will attack such content on the media. are we going to believe what has been said, and be disappointed or depressed from what we just read? if you want, you can only focus on one or two legit sites where you get your daily news. you don't need to read all the things happening around, it will just make you sick or stress.


Title: Re: A reminder about the media
Post by: yudi09 on November 26, 2022, 02:03:15 AM
Regards expectations on bitcoin price, we also need to be careful, because the same way there are the news to spread FUD, there are also the news to spread illusions, launched by speculators and social influencers over common investors.
I just want to say that most of us already understand what must be done in receiving information from a media and most of us also understand very well their job, namely journalists in writing or covering news.

In the midst of many FUD media, we feel that there are also many media that provide information based on data and facts. Regarding Bitcoin price speculation, of course we need some indicators that we need to pay attention to and we don't take 100% of the source from the media. As we have discussed, historical data can be an initial consideration.


Title: Re: A reminder about the media
Post by: meser# on November 26, 2022, 02:07:45 AM
The media loves star news. If someone or something falls, they also blow a kick . If someone or something rises, they applaud like everyone else.  That's why we shouldn't pay too much attention to the news of the media.


Title: Re: A reminder about the media
Post by: Darker45 on November 26, 2022, 03:46:55 AM
If anybody wishes to avoid stressors, it is always best to avoid the media. That's always generally true. That also applies to people who are trying to monitor the Bitcoin market. But there are two sides now because there are already a number of crypto-centered media. If you read Bitcoin-related news in traditional publications, you'd expect that they're biased against Bitcoin. On the other hand, however, if you read news in crypto publications, you'd also notice how they're biased toward Bitcoin. So there's really no objectivity at all. You better stick to your own way of assessing the market.


Title: Re: A reminder about the media
Post by: jaberwock on November 26, 2022, 06:31:04 AM
These media predictions is like a cricket toss with only two possibilities. It can come true also but you are right that these are not reliable. One should do his own research before investing in any coin.
Though this news is positive, we need to consider not following it blindly instead doing some personal research and not rushing to invest would be good. Right now we need to be careful not to fall into the trap of scam exchanges because the more they offer weird freebies, the more they have some big plan to steal our money in the future. except for those that are truly legit that won't gonna try anything to harm their refutations and continue serving their users the best thing they can offer to them. Also, we need to know how to distinguish hype news from real one so that we can avoid not to be carried away when investing.
I have to say that it’s not easy for many to realize what is media and what is not a media. Like you see tv news and understand that’s media, or a newspaper and understand it's media, but influencers on twitter is sort of a media as well, they share "information" but actually it’s their opinion.

Unfortunately people do not realize this and see it and just invest accordingly, but the reality is that hype or fud for crypto based on something you read is not a good way to do it. The best way would be making sure that you end up with investing based on the research you do yourself, that way you would be sure if it is going great or doing terribly and you would know the difference.


Title: Re: A reminder about the media
Post by: molsewid on November 26, 2022, 02:58:01 PM
If anybody wishes to avoid stressors, it is always best to avoid the media. That's always generally true. That also applies to people who are trying to monitor the Bitcoin market. But there are two sides now because there are already a number of crypto-centered media. If you read Bitcoin-related news in traditional publications, you'd expect that they're biased against Bitcoin. On the other hand, however, if you read news in crypto publications, you'd also notice how they're biased toward Bitcoin. So there's really no objectivity at all. You better stick to your own way of assessing the market.
Yeah, my life is now at peace when I stop seeing news, it makes me outdated sometimes but it gives me peace of mind so I don't care about it anymore. If I would like to know some news it is easy to search in any search engine but a true one is hard to find, before I uses Twitter to gather some info if I am so invested in a topic but now many people uses it for their own advantages, maybe try reddit as an alternative to Twitter. All in all, media nowadays prioritize their ranking and prioritize money before giving us true and reliable information.


Title: Re: A reminder about the media
Post by: isaac_clarke22 on November 26, 2022, 03:35:13 PM
~
Sometimes I really need to cross-check still some news even from some popular article sites. You never know if those were paid articles just to fake out the whole issue though I am sure it will cost a lot if those platforms f'd up their stuffs. This is why I don't have that "favorite" news site to rely on since there are always those news sites that have their headlines either "too exaggerated" or covering something up.
As much as I love to watch and read news, I am still skeptical to what I hear or read.


Title: Re: A reminder about the media
Post by: Ale88 on November 26, 2022, 03:58:54 PM
Stay strong and don't follow the media 8)
All those "crypto news" have only one meaning: bring clicks, therefore money, to their websites. They don't actually care about bitcoin. I stopped reading anything price related a long time ago because it's completely pointless and a waste of time.


Title: Re: A reminder about the media
Post by: mrongoz_imut on November 26, 2022, 04:14:11 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Very true, as you said, most media never care about the price of bitcoin, the media also never care about the popularity of bitcoin, most of all the media are only looking for their own profit, they are only looking for clicks and money from advertisements, there are only a few media that care about the currency crypto money and teaching about the basics of crypto, for now in my personal opinion only Twitter and telegram care about crypto currency, because they want to provide news about crypto currency, while other media I don't trust because they only think about their own benefits .


Title: Re: A reminder about the media
Post by: South Park on November 26, 2022, 08:22:29 PM
Media houses don't give a damn what Bitcoin price might be tomorrow. They care about numbers of clicks and money from ads.

Ever notices how so many media houses go quiet on Bitcoin during the bear market but then start making daily news about Bitcoin when it goes up and most of the content is usually just FUD with so many clickbaits.
Very true, as you said, most media never care about the price of bitcoin, the media also never care about the popularity of bitcoin, most of all the media are only looking for their own profit, they are only looking for clicks and money from advertisements, there are only a few media that care about the currency crypto money and teaching about the basics of crypto, for now in my personal opinion only Twitter and telegram care about crypto currency, because they want to provide news about crypto currency, while other media I don't trust because they only think about their own benefits .
Which is why less and less people care about the traditional media as we already know what is going to be their reaction to several topics including bitcoin, if bitcoin is in the middle of a bull run then it is a bubble that will soon burst, if it is crashing then bitcoin is finally dying, and if it is not moving then no one is interested in bitcoin anymore, and with that in mind it makes no sense for anyone to listen to them when we know they will be against bitcoin regardless of what it is happening in the market.


Title: Re: A reminder about the media
Post by: Ummarr on December 03, 2022, 10:54:46 PM
You need to know how the thin they work like you've the rules and regulations guiding the platform.
Daily reminders :don't live your assets in online bank


Title: Re: A reminder about the media
Post by: irhact on December 04, 2022, 10:09:37 AM
The media loves star news. If someone or something falls, they also blow a kick .

Bad news sells more so the media will always put more resources into broadcasting that news as it'll bring more views to their channel. Goodnews aren't of much interest to people as people always want to know the wrongs happening in the world instead of the rights. An example is when people search about cryptocurency or what to read news about it, they always put interest in the bad ones instead of the goodnews that Bitcoin has brought to the average person.

When FTX crashed, many news media rush to start broadcasting about the news as they know many individual will be looking for source on what happened. Also when Bitcoin price crashes same things happen, the world is just full of negativity and that's what sells.