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Author Topic: Very little Press Coverage of Bitcoin's Rally this time  (Read 5124 times)
South Park
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January 07, 2017, 09:04:59 PM
 #121

Do you really wonder why there is a lack of news coverage on a currency that could threaten governments from news outlets backed by governments? One day they will have no choice to report on it but for now, most people still don't know what bitcoin even is. Just give it time and in the mean time keep supporting it and spreading the word.
to me i think only because of the lack o introduction of bitcoin to the people. i think less that 1% people of the world know about bitcoin while the rest of the people have no idea about it. i think a lot of advertisement is necessary about bitcoins in such areas.
And this is why I think these rallies although short lived are also a great way to advertise bitcoin without paying a single cent, some will see the previous rally and will begin to wonder what is this asset that can make you such great profits on such a short time frame and will eventually adopt it.

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sadasa
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January 13, 2017, 04:26:42 PM
 #122

Don't worry, press coverage will start soon enough - probably after Bitcoin reaches 4 digits. Although there is some reporting, it's actually good that journalists are still sleeping. Rallies fueled by mass media are the least sustainable. Uninformed people that only buy because of greed triggered by mainstream media tend to be quickly disappointed. We don't need that.

In my opinion the recent price moves are driven by real demand - mostly from India. So I would think that this rally is a bit more sustainable than the previous mega-bubble.

ya.ya.yo!

Its a chinese exchange pump, don't fool yourself lol

People from India here tell that Bitcoin remains largely unknown to wider masses of Indian population, though it doesn't mean that what we see nowadays is necessarily a price manipulation by large Chinese exchanges. That remains to be seen, and we should just wait a few days or a few weeks at most to actually see that before making a definitive conclusion. If this rise will be followed by a commensurate drop, then it is going to be a typical pump and dump scheme...

Most likely doctored by the Chinese price manipulators

Exactly what I see them few weeks ago.

The thing is anyone who knows markets even a little could see what was happening.

You're right about India that is some exciting times coming ahead.

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