Bitcoin is a Ponzi Sceheme:ABP News

[edgycorner]

After the modi regime came into power, I rarely watch these hoe anchors babbling paid script.

Yesterday, I was surfing through these so called "news channels" and ABP news talking about bitcoins grabbed my attention.


https://imgur.com/KvR9Ooe

The first sentence that I heard from the anchor  was "Bitcoins ek ponzi scheme hai".This oldfuck looked so confident as if he has coded the whole bitcoin core on his own.

Why aren't they telling about previous crashes? And how it bounced back.
Why don't they explain people about how blockchain can change the mode of transactions in the coming future.Why are they stuck on just the market aspect?
FUCK INDIAN MEDIA!

[shushanika]

Traditional media thinks traditionally I guess. I am worried about the huge negative impact it can have on current investors. It is a popular Indian news channel and that show is also watched by a lot of people. I think they want TRP by making those controversies but at the end the investors will suffer.

[edgycorner]

Traditional media thinks traditionally I guess. I am worried about the huge negative impact it can have on current investors. It is a popular Indian news channel and that show is also watched by a lot of people. I think they want TRP by making those controversies but at the end the investors will suffer.

Yes, in the competition of getting viewers they are forgetting the true motive of a news channel.

I wish we could sue them for defaming bitcoins, creating a FUD, causing loss to investors and thus causing mental damage to a large part of the bitcoiners in INDIA.
If only we had less greedy people in our system.And I don't think this is going to change for another 50 years here.Anyone with power and money can cause damage to others without worrying about the consequences.

Just run some Pro modi news and then you are free to broadcast any bullshit you want.This shithole nation is becoming like those 90s soveit government.RIP.

[shreya_g]

They are fool man....dont know why they are spreading bad rumours about bitcoins

[Zackgeno96]

ABP News is one of the worst news channel from India, they are known for manipulating and altering the facts and they have been already exposed on many occasions. No one takes them seriously as they don't have any credibility. Indian govt has not yet banned the bitcoins and as per me they will never do it. Hence, people should ignore such crap news channels and keep trusting and investing into the bitcoins.

[Blackshadow007]

Can't believe they just label BTC as PONZI wth ... My god , this comment only will make India Laughable to other countries .

[Forbiddenone]

How it is related to modi government?-_-?
Almost all media are paid media ,they are backed by political parties funding no matter which channel it is ,they are paid to give good comments about their funding parties.for trp they can show any news ,they just care about profit nothing else.btc was labelled by these channels long ago ,as far i remember in 2014,some channel said btc is Ponzi but these media will not make any difference ,we live in corrupt society so btc has given a chance to these people to hid their money so btc is going nowhere it will continue to grow in price.

[Blackshadow007]

How it is related to modi government?-_-?
Almost all media are paid media ,they are backed by political parties funding no matter which channel it is ,they are paid to give good comments about their funding parties.for trp they can show any news ,they just care about profit nothing else.btc was labelled by these channels long ago ,as far i remember in 2014,some channel said btc is Ponzi but these media will not make any difference ,we live in corrupt society so btc has given a chance to these people to hid their money so btc is going nowhere it will continue to grow in price.

true thing , no one basically can stop bitcoin

[edgycorner]

ABP News is one of the worst news channel from India, they are known for manipulating and altering the facts and they have been already exposed on many occasions. No one takes them seriously as they don't have any credibility. Indian govt has not yet banned the bitcoins and as per me they will never do it. Hence, people should ignore such crap news channels and keep trusting and investing into the bitcoins.

No man, only senesible people don't take them seriously.And the number of sensible people in our country is very low.
Yup, Arun jaitley seems to have a positive attitude towards blockchain.SO probably they won't be ANTI BITCOIN.Unless a big conglomerate influences them otherwise.

How it is related to modi government?-_-?

Never said it is because of "modi govt."

so btc is going nowhere it will continue to grow in price.

It maybe going nowhere, but this makes bitcoin look like a bad investment.All those people who saw this(and are unaware of bitcoins) will stay away from it.

[rupesh2]

these anchors / journalist are so stupid , they cant decode the message of F.M  given on Crypto currencies in budget speech .