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Author Topic: Why Media is negative about Bitcoin?  (Read 3067 times)
pankowri
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February 19, 2018, 02:57:34 PM
 #321

First of all,the media is currently publishing false news for money.This maybe the Government or any other powerful organization.Because no one can see the improvement of Btc and also due to suspicious tendencies,such lies are spreading.In my opinion,before publishing a news,it should be researched.Nobody can see something good and Btc is a currency where everyone is proficient.Those who don't know Btc,they are publishing false news by media.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 19, 2018, 07:31:08 PM
 #322

[ Some media are also getting paid with the government and you know the government hates bitcoin.
[/quote]
In this is agree with you. Like in my country there are medias that are supported or i can also say being paid or bribed by the government to do what they want to portray in the news whether it be true or not. In my country, the government warned about investing in bitcoin and it also followed by news made by media that support the government.

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February 19, 2018, 07:43:30 PM
 #323

Don't waste your time to pay attention to the news related to crypto on any media website Smiley. Maybe the writer even don't know anything about crypto, they have no idea what is Bitcoin Smiley). They just write about it just because it's the hottest topic at the moment. As you can see when Bitcoin price was nearly 20k$, there are no bad news related to Bitcoin but when it fall, a lot of people lost a lot of money you can see a lot of bad news about Bitcoin cause it's the only thing people are looking for. LOL. It's the best way for them to increase views for their website Smiley

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February 19, 2018, 08:11:01 PM
 #324

Govt wanted to regulate BTC,govt want to bring Bitcoiner under tax,media and financial sectors controlled by govt spreading false news among the people to discourage BTC trading.Recently Polish central bank NFB is exposed to pay huge money to youtuber to discourage online coins,this bank is also investigated in Facebook and google for the same purpose.Due to these things price of Bitcoin fell down day by day two weeks ago,but now after positive news around the globe BTC price is hiking again.Again when govt wants to regulate cryptocurrency,same news will be in heated debate.

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Masongrae
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February 19, 2018, 08:46:29 PM
 #325

Its simple because, Government has the power, if something that they dont like to support they will use and take control of medias to do fake news to discourage people. In my opinion.

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February 19, 2018, 09:21:38 PM
 #326

Bad news are selling better. And bad news for governments, banks and some investors are a tool.
This tool allows them to get cheap coins.
ylnar123
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February 19, 2018, 09:24:36 PM
 #327

Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


As we know, media can be paid to broadcast what their customer want them to broadcast. Maybe the government or the banks have sonething to do with it that they are trying to bring down bitcoin through black propaganda in media.

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freshm4ker
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February 19, 2018, 10:36:59 PM
 #328

For me, they will write what they understand. In general anything that goes up or down so sharply and so quickly is a hoax. Scheme quickly rich for normal people. All governments are against it even though they tend to write negative news about it. All media want more views despite fake news or no real news. Cool
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February 25, 2018, 07:07:31 AM
 #329

Media thinks Bitcoin is negative. That it might bring disaster and risks ones future. Scam is everywhere but being positive about Bitcoin and having tried Bitcoin media is wrong.
nandamo
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February 25, 2018, 07:11:31 AM
 #330

Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


The media (though it varies per country) always contradicts the decision of the government. Just like here in our country Philippines. But sometimes, the media just shows the negative sides for people who is looking forward on buying and investing in Bitcoin, to take extra precaution upon engaging in the cryptocurrency world.
kuncimobil
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February 25, 2018, 07:21:01 AM
 #331

I do not care what the media say because it will only make us pessimistic and think negative too, so I still believe and think positively about bitcoin.
Ryan1212
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February 25, 2018, 07:25:59 AM
 #332

Well, basically these media is fed and paid by people who are trying to manipulate the system by mentally and/or emotionally attacking the users. The tendency of media's spreading negativity about the industry contributes to emotional and mental breakdown to its audience in result users are starting to panic and sell their coins. It's quite a strategy put up by powerful people to gain more profit on their behalf without thinking about others.
Senja Kemuning
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February 25, 2018, 07:34:46 AM
 #333

Most likely because the media get pressure from the government, many media must follow the rules of government, because the government states bitcoin banned then automatically make the media preach negative things.

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February 25, 2018, 07:42:27 AM
 #334

Bitcoin profit is 800% every month for 8 years and Bitcoin got $350,000,000,000. Media got what it was searching for.
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February 25, 2018, 07:50:17 AM
 #335

Bitcoin profit is 800% every month for 8 years and Bitcoin got $350,000,000,000. Media got what it was searching for.

There could be an influence behind the media. Sometimes media now is not being fair. There are powers behind them that can control what news to spread. It could be the government.  That's why sometimes it's hard to just rely on media for information. They may be doing it just to gain more viewers.
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February 25, 2018, 07:50:36 AM
 #336

I do see the basic principle that states, negativity attracts more attention than the positivity from the masses. Media will always try to gain maximum eyeballs by defaming something that is still in the development mode having uncertain future. Bitcoin is not an exception to this reality, however, it is a plus point that the number of people blindly trusting media stories is decreasing day by day. On the other hand, I do see that since politicians and big whales from the government have high stakes in media houses, they will always try to manipulate the interpretation of everything in their favour.
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February 25, 2018, 07:53:09 AM
 #337

who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit

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February 25, 2018, 08:30:52 AM
 #338

who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit
Media may or may not help in the development of bitcoin. It depends on how you or they will use it, it’s either you promote bitcoin and persuade people to invest or to bash the whole system of bitcoin. Some who bashes bitcoin are th trolls. Media can have a good and bad effect on bitcoin. It only depends on the user if he/she patronize btc or bash it.
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February 25, 2018, 10:24:48 AM
 #339

who make a hoax, want to try dropping BTC prices then fill their bags with BTC, then when prices rise, the newsmaker will benefit
that's how they use the situation to make a profit
You cannot totally rely on media for true informations because most of the time, the private and famous news channels are speaking on behalf of some hidden authorities. All rumors about the disappearance of bitcoin and the permanent decline in prices are just to make innocent people fool.
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February 25, 2018, 10:39:47 AM
 #340

You must understand that the majority of the media is controlled by the same powers that control the western central banking system. Bitcoin being a finite, decentralized, transparent system is inherently against the current centralized private banking regime. As such, there are countless articles that cast negativity on Bitcoin, but fail to make any strong arguments. These articles are propaganda at best. It is crucial to read critically during these times. Smiley Smiley Smiley

Yes, Bitcoin is not controlled by the government and it is decentalized. The media may be against also in Bitcoin because government can control media because they are governing the people around their country. In some reasons, Bitcoin has been detected as illegal because of illegal transactions in other countries, so that they banned bitcoin in their country.
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