Why Media is negative about Bitcoin?

[atetess]

Because they have no idea how it is being use. They just reporting what they just heard,  read but didnt know what exactly the main reason behind bitcoins popularity and increading demand.

[karloscimot]

since I know bitcoin of course I have to read and learn a lot. . sometimes there is news that bitcoin banned in Indonesia what the reason the government or the media to preach the news .whereas it is only a matter of months how the Indonesian government creates cryiptocurrency on the grounds to offset existing cryiptocurrency from before. or government kuwatir if people invest in bitcoin all so bitcoin in use as a means of transaction. or kuwatir currency value less in the interest of the public again.

[Calidude]

Some people who don't understand bitcoin process is making fake news. People make reports with bitcoin that are not true. That is why some people are afraid to invest and will not join crypto because they are afraid to lose money. Some reporters and bloggers also wants to put cryto currencies or bitcoins down becs. they don't understand the deepest worth of it to many people.

Have to agree with that.   Also there is the fact that many large news organizations are part of corporations that have relationships with the banking and credit card sectors so a lot of it is driven by the multinational companies who do not like Crypto. 

[athiftammam2018]

Because the media do not really know what's in bitcoin and can take a gap to try to spread misinformation to all of us, like making news headlines that are different from reality and as if to convince someone to click on the news, and they can make a lot of money from that. But we all know it is not a good way to earn money. They are lucky we are losers.

[Lexurdania]

Its not the media but various organizations like banks and government agencies who run such FUD campaigns against Bitcoin in the media. Bitcoin threatens the monopoly and power of many organizations like the banks and governments and thus is a direct threat to them.

With the existence of the bitcoin, banks must be feel their bussiness disturbed. Bitcoin offering many advantages like low transaction fee and bitcoin more fast on transaction. Banks must be feed newspapers with bad news about bitcoin and make people to sell their bitcoin

[Wahyu aep]

it's all about price manipulation and global financial companies who want to get their fingers let us also not forget the new decision to allow futures trading on Bitcoin. People like CNBC are just a mouthpiece for the likes of Goldman Sachs, jp Morgan etc. and the information they provide is designed to transfer money to see the great results involved with Bitcoin, it also looks suspicious to many people. As a result, the media try to make people aware about Bitcoin as well. The only thing is that they need to do more research before coming up with news as it affects the price.

[webdevmastery]

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?

There are different companies out there who are being affected negatively by the growth of cryptocurrency and they are paying media's to create black propaganda's in order to reduce the investors of bitcoins for their company to survive as well.

[Calidude]

it's all about price manipulation and global financial companies who want to get their fingers let us also not forget the new decision to allow futures trading on Bitcoin. People like CNBC are just a mouthpiece for the likes of Goldman Sachs, jp Morgan etc. and the information they provide is designed to transfer money to see the great results involved with Bitcoin, it also looks suspicious to many people. As a result, the media try to make people aware about Bitcoin as well. The only thing is that they need to do more research before coming up with news as it affects the price.

Yes most articles in mainstream media that I see are from reporters who are either in the late 40's or over 50's, the kind of person who generally do not embrace technology or do not understand it and if people do not understand something they usually fear it and look at it in a negative way, or in many cases they are told to push the negative aspects of it rather than the positives.   

[kimmy724]

Part to blame is information dissemination on part of respective financial agencies of countries that do not adhere to technological changes. Another thing is that some are spreading fuds to have acquired bigger stake in a cheaper price.

[mx667]

It's all about price manipulation and global financial companies who want to get their fingers let us also not forget the new decision to allow futures trading on Bitcoin. People like CNBC are just a mouthpiece for the likes of Goldman Sachs, jp Morgan etc. and the information they provide is designed to transfer money to see the great results involved with Bitcoin, it also looks suspicious to many people. As a result, the media try to make people aware about Bitcoin as well. The only thing is that they need to do more research before coming up with news as it affects the price.

Because I think, in my opinion the media needs money. And the only easy thing to make money from media is to make controversy. Say something about Bitcoin and the economic issue, and then I am sure that you will get a lot of attention and views. There are also people who do not know anything about Bitcoin but try to comment and share their opinion with Bitcoin. I think that is okay, but that thing will become wrong if that person start to talk about something he or she do not know. Especially about the basic knowledge of crypto. So I think people must learn and try to understand the thing that they are talking about before give any opinion and thought.

[Enjorlas]

They naturally protect their interests and the institution in power, you will notice that on tv they never go out of the book, they always despite new ways of thinking, real changes

[PalindromemordnilaP]

Its not the media but various organizations like banks and government agencies who run such FUD campaigns against Bitcoin in the media. Bitcoin threatens the monopoly and power of many organizations like the banks and governments and thus is a direct threat to them.

With the existence of the bitcoin, banks must be feel their bussiness disturbed. Bitcoin offering many advantages like low transaction fee and bitcoin more fast on transaction. Banks must be feed newspapers with bad news about bitcoin and make people to sell their bitcoin

Actually, bitcoin's transaction fee will be getting higher as its price is getting more expensive and its transaction will be getting slower as bitcoin transactions are congested in the blockchain everyday.

But as for these media who are spreading FUDs and false news about bitcoin makes me think that journalism integrity crash is way more worst than a single bitcoin crash that will eventually spike up anytime. But their (media) broken integrity as news provider will forever be down.

[Klara_karlovna]

Do you still believe in the independence of the media? The information war is going quite well. And no nuclear weapons are necessary. Even if the rumors are not confirmed they are doing clearly.

[Suffoc8]

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?

Media is only a medium for us to gain an information, toll for communication, for entertainment and other activities, so there is no reason for social media to be negative about bitcoin. The only thing that have an access and the one who are negative about it is the persons who are using media to express themselves and show what they know about bitcoin.

[dipok07]

Bitcoin is not a currency of any country. For this reason, the government of different countries thinks Bitcoin may be a cause of loss. From which the government is unable to pay tax, and, suddenly, the price rise and the decreasing bitcoin are the main reasons for people to interfere. Media can cause bad news for all these

[syusk82]

Bitcoin has become a hot topic. In order to attract more attention, the media content is positive or negative, which is beneficial to the media itself. Both media and Bitcoin need more users to participate.

[gordeevaverona]

Media always does as they are told by people who order advertising and nothing changes so it has always been. They also said that you say that bitcoin, for example, is the worst thing that has happened to mankind and they will whisper different bikes already depending on their fantasies.

[jinxing]

The negative media about bitcoin because the media do not want unrivaled popularity. And maybe because the media do not want a good name there is a misuse. Not a bit bitcoin is abused for illicit purposes. Therefore, many media blocked the advertisement of cryptocurency.

[KuyaBreezy]

There are lots of influential people in the media industry that use their powers influence the media to post negative things about BTC, for their own personal gain, the media also gets its income from trending news so at times they post things that will attract viewers or readers just as long as they get a massive following

[Desmo]

The media usually follow the trail of those who pay them. it turns out that they are on the side of the government. the government does not panic, and this does not apply to the media, because they panic people only "on hand", because they will make interesting stories