Is media payed by Bankers and traditional investors??

[niisarearning]

I am seeing lots of fud creating against bitcoin and crypto currency in media . Based on my assumption big bankers and investors are paying media to spoil crypto currency and make fear among people
Reasons Why Traditional Bankers doing this
1) The money which kept idle in bank like savings  are going to crypto currency so they are loosing control . Savings money in bank account was using for further loan and other credit services from bank (Huge loss for Bank)
2) Every equity and commodity trading was done through bank account or their platfrom that is also reducing ( Income from trading platform reducing)
3) Lots of hidden charges from bank not maintaining minimum balance and other service fees also disappearing .
4) Last but not least People are getting financial control . they are knowing money creation and growing wealth without intermediaries . This cant be digested by big investors and whales .where they were fooling peoples all long this years.

[davenjulio]

Media nowadays first considers how to attract more people to read their articles even what they have written is completely biased and against with the ethics of professionalism, And yes for sure some media is doing these kind of FUDS for the sake of MONEY. BAnks  are seeing now a big potential with the crypto blockchain revolution in terms of lending ( e.g ethLEND ), Payments, trading. They are trying to spoil the minds of those people who are still conventional and afraid of trying something new.
Media should write something to help people to understand the cryptocurrencies and blockchain real projects for them to avoid scams platform.
These ponzi schemes platforms are one of the FUD source, And medias are completely using these platforms to produce more FUDS.

[pat4cryptoreal]

For now I am confess why someone will just wakeup and start spreading false news that will cause people to loose money. With this scandal people are committing suicide already. I believe the organizers of the scandal have what they are benefiting.

[integrap]

I dont believe that media is payed by bankers. Media just care about ratings. They care how many people read their news, how many people watch their tv programs. People read bad news much more. Whales manipulate the market with fake news and news publish these news immediately.

[tunctioncloud]

Of course they are ! There is indeed a coalition since a long time between finance and medias. All the current system is based on stealing people, and finance needs medias to make people believe paying taxes is good.

[realcrypto]

For now I am confess why someone will just wakeup and start spreading false news that will cause people to loose money. With this scandal people are committing suicide already. I believe the organizers of the scandal have what they are benefiting.

You are right, it is well known by everyone that  they want the price to fall so that they can buy. And most of our traditional banks will soon close if cryptocurrency continue to make impact.

[shinjunobi09]

There is exactly no evidenced or rumors spreading in the internet or newsfeed that bankers are paying such things to media for this kind of descretion, one reason is that banks are not yet seeing cryptocurrency as threats but rather as an open opportunity to attract many more clients in their banks. My next opinion is that if there were someone whose gonna plot something against bitcoin or crypto coins is the government or other influential investors because they are not getting beneficial from it.

[dothebeats]

A nice idea, though entirely possible given that these bankers do have stakes in media companies so I guess there'd be some form of control for the banks and huge whales. It's not new, the mass media is notoriously known to create biased reports/news favoring one party that they support (see reports on re: elections in BBC, CNN, lol.) or anything that can cause some panic to manipulate current events in favor of their overlords. The term "unbiased journalism" has been dead long ago given that you can just pay off the media to report what you like and for your own benefit.

I dont believe that media is payed by bankers. Media just care about ratings. They care how many people read their news, how many people watch their tv programs. People read bad news much more. Whales manipulate the market with fake news and news publish these news immediately.

Then you are looking on the wrong side of the spectrum. They care for ratings, yes, and they also care for the money that their masters are giving them.

[Kambal2000]

For now I am confess why someone will just wakeup and start spreading false news that will cause people to loose money. With this scandal people are committing suicide already. I believe the organizers of the scandal have what they are benefiting.

You are right, it is well known by everyone that  they want the price to fall so that they can buy. And most of our traditional banks will soon close if cryptocurrency continue to make impact.

I don't think that banks will eventually closed after the bitcoin finally adapts by countries. Yes, we all know that media has big impact and they are winning right now due to the value of bitcoin and media are giving worst idea to people so they will pull out their money, but still they cannot all convince people especially those who are a big fan of crypo.

[jassanpary]

Of course they are ! There is indeed a coalition since a long time between finance and medias. All the current system is based on stealing people, and finance needs medias to make people believe paying taxes is good.

It's a general practice media is the strongest way to reach the people so it's quite natural that bankers and other traditional investors use media so if they use that platform they need to pay for them.

[Beerwizzard]

They are not directly payed my the bankers but they usually have to cooperate in the same political, social or financial field which makes them less likely to check for the other points of view instead of the mainstream ones. Another thing that I've already noticed is a complete ignorance of medias (even quality ones) when it comes about cryptocurrencies. They simply don't know what they are talking about and unexperienced audience follow them. Sometimes even good medias post low quality articles like "BTC lost 10% for one day. John Smith says that bitcoin is ficked up", literally couple sentenses and a screenshot of 1 chart. It becomes very hard to get the full picture of the recent events and sometimes it looks like a planned attack on crypto.

[Anti-Cen]

Anyone that charges transactions fees, run private ledgers and charges interest on money is a bank <<END OF STORY>>

Now read the lightning network white paper that you can find here
https://lightning.network/lightning-network-paper.pdf
and now look at the a network map of the lightning network
here https://lightning.network/lightning-network-paper.pdf

This is nothing like what we told mama and papa banking would be like but don't argue with me
and argue with this guy https://www.youtube.com/watch?v=UYHFrf5ci_g

Miners charging $55 per transaction last money was a joke and what they have planned
for us is a total joke so don't every say that you have not been warned

[BrewMaster]

that sounds like a plausible theory.
but lets not forget that what most of the media cares about is more readers. all of the news sites without exceptions have advertisements on their website which will give them more money the more visitors they have. when price is falling they keep writing about it the same way when price is rising. it is not "always" their fault when people care more about drops and when they call it bubble than when they write about positive news.

besides it was not only the media that caused the drop. the drop would have happened anyways because the market makers were selling as much as they could to push it down that way.

[btcrut2017]

I am seeing lots of fud creating against bitcoin and crypto currency in media . Based on my assumption big bankers and investors are paying media to spoil crypto currency and make fear among people
Reasons Why Traditional Bankers doing this
1) The money which kept idle in bank like savings  are going to crypto currency so they are loosing control . Savings money in bank account was using for further loan and other credit services from bank (Huge loss for Bank)
2) Every equity and commodity trading was done through bank account or their platfrom that is also reducing ( Income from trading platform reducing)
3) Lots of hidden charges from bank not maintaining minimum balance and other service fees also disappearing .
4) Last but not least People are getting financial control . they are knowing money creation and growing wealth without intermediaries . This cant be digested by big investors and whales .where they were fooling peoples all long this years.

There are a lot of speculations out there that someone is using the media to make some negative news about cryptos. Media is a very powerful advertising tool that when used by someone to bring down an entity, chances are he will succeed.

[21millionsbtc]

Wall Street Investors won media house so they created all the Fud related news to buy cheap this is happening for Stock markets now it entered Crypto as well