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Author Topic: Bitcoin and the power of media  (Read 1201 times)
brotherwood12
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March 25, 2018, 05:27:32 PM
 #41

because BTC are from internet (CMIIW ) so media also have power about bitcoin power , and then the bitcoin are from People power , if ppl was panic the price will crash anytime
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March 25, 2018, 05:28:55 PM
 #42

The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?
The media has a lot to do with bitcoin. If the media can promote bitcoin, it will increase the popularity of bitcoins and let more people understand and participate in bitcoins, which will be conducive to the development of bitcoin.
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March 25, 2018, 05:35:51 PM
 #43

after i see ....
 the media is also very important and influential once gan to help and preach the World bitcon. especially positive ones. if the positive news we become more enthusiastic investing .try if the news is negative we must be less enthusiasm to invest. even our hearts become a bit agitated .

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March 25, 2018, 05:59:54 PM
 #44

rather than media educational institutions make a big impact on people and investors when they do make a establishment and if crypto would be taught in educational institutions it would be a good impact

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March 29, 2018, 02:25:31 AM
 #45

As you can see in advertisements. Bitcoin is popular in advertisements like in Youtube and website ads. Media plays a big role in improving the image of Bitcoin.
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March 29, 2018, 02:42:38 AM
 #46

As you can see in advertisements. Bitcoin is popular in advertisements like in Youtube and website ads. Media plays a big role in improving the image of Bitcoin.

Social media rather because 99% of these companies owned profit oriented media are against bitcoin and crypto. Even social media owners at the moment are under pressure mostly if under the jurisdiction of the US government.
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March 29, 2018, 02:51:33 AM
 #47

The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?

Communication has a tremendous power that they can distorted the truth, they can make a normal phenomenon become more interested. It seems they have paid attention to bitcoin and cryptocurrency. They reported good and bad about bitcoin, they created a scandal that made people pay more attention, and media people get paid for it. I think if the media does not exist then no one knows bitcoin and cryptocurrency. Great.

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March 29, 2018, 03:06:29 AM
 #48

bitcoin and media are both very important. and greatly affect the bitcoin price. because of the power of the media if it gives negative news about the world of crypto, the price will be down. can even make the bitcoiners into panic .

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March 29, 2018, 03:40:13 AM
 #49

The present era is technology based.Everyone read the news through the internet now.So the power of the media is on the internet.The only media can highlight the matter.Since the Btc is still the majority of the institutions and the people's conflicts,the media should play an important role.

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March 29, 2018, 03:43:34 AM
 #50

The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?
Bitcoin will never escape from the media. Whether it is social media, print or electronic media. If the media can no longer promote bitcoin, we can promote the bitcoin with face to face or through the community we belong to.
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March 29, 2018, 05:14:01 AM
 #51

The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?

No other better than media can be use to advertise bitcoin . It does affect the masses easily and influence them according to how they deliver the message or how they portray a certakn topic. It can be beneficial to bitcoin but it can lead to destruction if the media who were posting was against bitcoin itself. From here you can realize the impact of bitcoins anywhere.



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March 29, 2018, 05:23:35 AM
 #52

The media as the fourth estate of realm, play a very critical role in creating awareness on issues surounding crypto currency and the need to popularize it beyond its current status. In most part of the world individuals and institutions are skeptical about bitcoin and it's acceptance as a legal tender. Hence the need to explore and leverage on the enormous power of media on propagating and putting crypto currency issues on the front Bonner. However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies, which other vehicles or means could best serve the purpose of setting agender on a phenomenon as important as the rising prominence of crypto currency?

Yes, you are indeed right. Media is one of the core role player which act as a medium that can give awareness to people or give them new knowledge that can convinced them to join in crypto market.

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March 29, 2018, 05:31:03 AM
 #53

As you can see in advertisements. Bitcoin is popular in advertisements like in Youtube and website ads. Media plays a big role in improving the image of Bitcoin.

Social media rather because 99% of these companies owned profit oriented media are against bitcoin and crypto. Even social media owners at the moment are under pressure mostly if under the jurisdiction of the US government.
As we can see, media plays a major role in bitcoin and other cryptocurrencies, but the fact is that whether its good or bad way of promoting bitcoin, it has still promoted bitcoin and that makes it more popular, because even me when i first heard about bitcoin, there are lots of bad rumors about it, but i just get the courage to tackle and learn more to what makes it bad. As of now social medias plays the major role of advertisements, and most of the people now are into it so it makes it more easier to promote.

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March 29, 2018, 05:37:38 AM
 #54

From the look of things we will all agree that media have a very great influence on bitcoin. When any fake news start flying in media the market will fall first before people will realize it was a bad news.This year have experience alot of such.
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March 29, 2018, 02:17:59 PM
 #55

The media helps promote bitcoin there by making it popular and in the other hand it affects bitcoin when they give negatively news which causes panic to bitcoin users.


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March 29, 2018, 02:28:05 PM
 #56

However, considering the fact that the media exist to inform, educate, mobilize and enlighten societies
I don't agree with you, media doesn't exist to neither inform, not educate and much less to enlighten societies, but, on the contrary, to control the public opinion. Take a look at the concept of terrorism, for instance. Every time there is an incident media always use the word "terrorism", even when it can be just a crazy man with a gun. Media is always willing to mold the minds of the people into the system shape.
Now, regarding your question, to me, the best way to show people the cryptoworld is just time. With enough time, it will infiltrate itself into society as a weapon, as a tool.   We just need to continue in developing it, we need to push up the technology in order to crypto become useful (daily useful) to the people. In order to achieve that goal, we don't need publicity but proof. If there are some new technology you can use to store and trade with crypto and it is safer and easier than the one we have nowadays, I'm sure the natural path for the people to follow will be to enter into the crypto world.
As I see that, cryptocurrencies are the future, and the publicity makes it looks less serious. Media, as usual, will be at the service of the powerful instead of the people, so I don't really care about what are they talking about, for, on the deep, the people know this is a revolution.

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dongho
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March 30, 2018, 07:45:55 AM
 #57

Marinecoin - Really love the concept behind this project. A community-driven projects is the way to go now as this really exemplifies all what decentralization ought to stand for I can name you ICO that will be one of the best ICO in 2018 from my opinion and review and that is marineco.in/ico . Why marinecoin is one of the best ICO because you must see the founders and the team on the ICO project. With their experiences and achievements I am sure marinecoin will be the best ICO in this year. If you want to know more you can check on the website link marineco.in/ico. Payment System in Internet Artificial Intelligence (AI) of Things (IoT). time dilution technology. time dilution technology - artificial intelligence - self sustaining - community - fair distribution - iotGet into the boat before it sails!! Sleeping giant waiting to roar, big time.
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March 30, 2018, 08:02:56 AM
 #58

If I'm going to be honest, I think that the newfound cryptocurrency legalization in Asian countries like Japan and South Korea will lead to a lot more "user-friendly" websites, guides, ebooks, and apps that will help the average person get more familiarized with how to use Bitcoin, not how it works. HUGE difference.

I'm fairly tech-savvy, as I've been around technology since the late 90's, and Bitcoin took a while for me to understand. The media has thus far focused on news related to the effects of Bitcoin, and not really about the technology or security advantages of it. I believe that's simply because they don't understand how Bitcoin works.

If we're going to have any long-term staying power, the community is going to need to learn how to use Bitcoin, not how it works. Let's take banks, for example. Not many people know about how banks operate, what their internal procedures are, what happens to your money once it hits their vaults and private ledgers, etc. All we know is that we deposit $100 into our accounts, and we could use that $100 at a later time as we see fit. Do we understand how banks work? Nope. Don't need to. We just know that we can use our money (for the most part) when and where we want.

Electricity is the same way. Do we understand the circuitry and engineering behind how our light switch is connected via wires to a voltage regulator that has a light bulb attached to that? Nope, because we don't need to. All we know is that when we flip the light switch, the bulb turns on.

Bitcoin should be the same way, and until the media power houses start focusing on the uses of Bitcoin and what it can be used for, rather than trying to teach us about the technology behind it, Bitcoin won't become a commodity like we want it to become. From most of my experiences with Bitcoin in the media, there has always been a negative connotation to the stories they produce.

Simplify Bitcoin. More websites need to publish how to use Bitcoin, rather than how it works. My thoughts.
This is eloquently worded, but in my opinion, educating people is still important. I know that you just want to simplify everything and avoid all the complicated information. Your logic is outstanding and I respect that, but I think that it is not applicable when it comes to bitcoin. Bitcoin is far complex than money is to bank or electricity is to light bulb. Knowing how it works is important to avoid ignorant uneducated people. Having a strong knowledge foundation is the key to everything for me. Just my opinion though  Grin

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March 30, 2018, 08:07:59 AM
 #59

Pass it on by yourself. Friends and relatives. A fast way without money needed to pay for television or radio.

Forum. The online world is spreading all over the world and people who wants knowledge could suddenly step on a forum and be more aware thanks to the information inside it.

Social media is now locked. So that is the best option for now.
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March 30, 2018, 08:17:41 AM
 #60

The media institutions act by the hand of the state.And the states will not support this market unless they are their own crypto money.I mean, it's bullshit to expect something good from the media.

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