Bitcoin and the power of media

[Mumbeeptind1963]

It seems that this discussion is still relevant today. The media certainly has a lot of interference in influencing market condition of crypto, we can see how Bitcoin become mainstream because the media actively lifting into Bitcoin popularity in 2017, since then the price rose high. Then the emergence of opposition from several countries that prohibit trading transactions with Bitcoin payment instruments and the media also participate give a negative influence after that so many investors out of the market.

Bitcoin's relation to media is a big factor for it to have its great run. We all know that everything that circulates around the world is mostly influenced by the media. Once the media talks about bitcoin whether good or bad it's what the people will believe especially to those who doesn't have idea about bitcoin yet.

[satecream]

yeah media is a good thing to promote bitcoin from the low class to high class people society
but media are like to getting some bad news rather than a good news, i hear from my friend that working in media thats horiable
some people who want to bitcoin down just can come to media place then pay them for the bad news
isn't that very disgusting from media that worked to a person that fear with bitcoin

[oginiimaoyani]

The power of media is one of the most influential way to boost the popularity of bitcoin and it can also bring down the price of bitcoin through its bad news.

[Just John]

Bitcoin in the media can either have a negative or positive effect on the market depending on what kind of news is being peddled on these media outlets but we cannot deny the fact that we need the media to need as much people as possible.

[altercreed]

As far as information dissemination is concerned, social media is playing a major role on that area. As a matter of fact, social media is being used by ICO in their bounty campaigns to spread the good news of their ICO brings.

[imgoinforbitcoin]

The media can help to bring bitcoin a lot of popularity and help to reach out to new people but it's too bad that they mostly focus on the negative news instead of the positive side.

[pekavcilar01]

There is a direct effect on the coin prices of the media. There is no system in my country because the media is in the hands of that one person.
Blockchain and tax and commission interruptions are minimal. Banks do not want to use blockchain for this reason.

[00DKM@]

This is certainly true. Because media is a great way to advertise and market to bring popularity and create a broader user community that approaches and knows bitcoin and crypto with the initial experience or Including more interested investors. Of course, social media always has positive or negative reactions from the users themselves and the evaluation of each person. And that is the nature that can not be changed because the crypto market is not controlled and managed in a secure and verified way. Consequently, the effects from social media can greatly affect the value of bitcoin and the crypto market.

[khalis]

The power of the media also has an influence on the development of bitcoin, in the presence of various media both television and mass media can promote bitcoin / cryptocrency but the media can also make bitcoin destroyed by spreading the issue and negative information to bitcoin.

[Tenderino]

Do you have any sources and proof in which parts of this world and how many individuals and institutions are sceptical about bitcoin? Yes, the media doubtless plays a role in advertising and propaganding things, but we have all seen that bitcoin or crypto currencies in general have become very well known without any help from the main press media. It was more like a mouth to mouth process and it is still in the process of increasing.

[elusive1]

The media is an instrument that is used in the interests of those people who own it. So I'm wary of the media. 
Major players in the crypto market can use the media in order to increase their wealth. It is important only personal opinion and Analytics!

[Vanester2014]

Media always take a big role always specialy in news whatever news is that media is very important and if media deliver a bad news about bitcoin im sure bitcoin price will fall but if media news a very good image to bitcoin the price will surely goes up to the moon.

[mutrang23]

The power of the media is enormous, and its impact on the economy is considerable. Communication can lead to a sinking economy as a shipwreck. Looking at the press a month ago always brought negative information about Bitcoin that made the market fall faster and did not stop.

[freesia_pnp888]

the media is just trying to ruin btc in specific and crypto in general in ways they can find possible which i find so unfair from time to time, sure they might be scam, but let's give them the recognition they deserve

[MoeKaloolon]

Bitcoin needs the media to spread the word for it, we know that the media holds a lot of power when it comes to swaying the opinions of people it is just too bad that the media loves to focus on the negative aspect.

[emanjun]

The fundamental issue with the approach of mainstream media is that the media outlets tend to explain every price movement of Bitcoin with the same method of evaluating the price trend of stocks.

Media holds a big obligation towards bitcoin. Media can help bitcoin to become more popular than it seems. Through media a lot of people will see the life changing effect that bitcoin brings and they will surely use it.

[lmodric]

where the best promotion is where many people gather.
social media as one of the potential places to promote cryptocurrency.
and another great place is a discussion forum where people can talk about crypto and make it hits

[gambitcoin53]

if we are to look for the best gateway to make bitcoin more popular is undoubtedly the media, the internet, today, it is the best way for promoting a certain product because of its wide coverage of target market. but we cannot ignore the power of mainstream medias such as television, radio and news papers because of the accesibility by people from all walks of life.

[callmeback]

We know that bitcoin is very popular, with the use of media we can still make an advertisement in online social networking site. Communication can lead to a sinking economy as a shipwreck. Looking at the press a month ago always brought negative information about Bitcoin that made the market fall faster and did not stop. Major players in the crypto market can use the media in order to increase their wealth. It is important only personal opinion and Analytics. some people who want to bitcoin down just can come to media place then pay them for the bad news
isn't that very disgusting from media that worked to a person that fear with bitcoin

[Ayyaz Mahmood]

The media is a powerful tool that can effect anything you plant. Top guys use media to influence economics of the world. they control media when they want to invest in something by bringing the price down.bitcoin price only comes down when there is media attack which is good signal to buy in the dip because the top rich investor have a target where they want to coming