Really fascinating to see how a single news source having wrong information can make something fact. I remember DNA article on buysellbitco.in ED incident and they said "Preliminary investigations found it to be in violation of the foreign exchange laws". Really dont know from where it came and how they got that information as they never quoted any official statement, because there is not any. But what really happened is after that each and every news article that mentioned incident has quoted same and same thing again. We never got charged with anything.
But this is how media works and I learned that its your responsibility to educate media on your side. If you can not do that efficiently and in timely manner, well, no one can help you.
Anyways buysellbitco.in is going to be operational again pretty soon.
Regards
When the news was wrongly speculated, you were supposed to condemn by calling the press.Cause of that 'entire world wrote the same story'; reference:
http://www.coindesk.com/indian-authorities-swoop-buysellbitco/At least now also, you call the press( mainly business news channels and print media) and condemn it else it will embrace you always.
Absolutely agreed, as I said in my post :
"But this is how media works and I learned that its your responsibility to educate media on your side. If you can not do that efficiently and in timely manner, well, no one can help you."
But again with time I have learned my lesson now, may be the hard way
I am not blaming media here and mostly its my inability to defend that time ( there are several reasons for it, but reasons become excuses if result is not in your way
). I am still learning and I am sure will improve my understanding over the time.
Regards
