Why Media is negative about Bitcoin?

[jhezmark]

some media report the bitcoin is not true but some people believe the bitcoin is real the media didnt see the existing of bitcoin .

[Notcalculator]

They're not all negative. The media tends to overreact and that's because exaggeration sells. When bitcoin was at its peak, they were running stories on where your 100$ bill would be if you invested a year ago. Additionally public opinion is still divided whether it's a scam or not. Lots of experts claim it's a bubble and there are also lots who believe in its value. However, right now especially when most regulations are being drafted, it's in a bad light.

[GREATLOVE]

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?

Maybe because media paid by banks or other some people who hates btc. That was only what I am thinking and my opinion about this situation. Also because banks are nervous on btc thats why.

[BitNinja2017]

The Media loves to FUD and it could be driven by deep seated conservatism and unwillingness to change for progressing society.

BTC and Cryptos in general are a revolution in finance... and it is already taking the world by storm.

[Brito]

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?

Because there is almost no media that has freedom of speech.
All are owned by businessmen who use them for manipulations from which they can win. Most of them are also owners of banks. That is why the media are negative.

[nightfury]

I think one of the reasons why media hates bitcoin is only their tactic to spread FUD to people to let bitcoin down so they can somehow buy bitcoins at a lower price or perhaps, they just do that to get attention of the people specially if these media companies are already declining.

[Vin183~]

Because the media can be paid by some people who want to drop the bitcoin.

[YoungMaster]

it's simple. if the government and banks decided to stand against bitcoin, then the media has no choice but to follow what those guys said and they automatically brings some negative news about bitcoin along with its investment. 

[Kuya Kim]

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.

Its simple.. crab mentality. Media is sponsored by major establishments that is being threatened bybthe growth of bitcoin. Hence, their effort to slow it down and possibly closing it down. But you can see real life testimonies of how bitcoin have succeded.

[infinity33]

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.

Its simple.. crab mentality. Media is sponsored by major establishments that is being threatened bybthe growth of bitcoin. Hence, their effort to slow it down and possibly closing it down. But you can see real life testimonies of how bitcoin have succeded.

exactly this is such as some of the thing that we are may able to see with them for that the way on how media influence other people that is why they may able to take this for them that may tell with other people what they may have to do for.

[Rodon]

In my opinion, media are so negative about Bitcoin because they are controlled by the same powerful people who owns banks. As these people see Bitcoin as a threat, nothing positive about BTC will come out from medias.

[suvo05]

 I don't care what they are telling about anything. Their job is not to say something is good or bad they should share the news only. In the maximum(or each) of the cases the Media act like a critic. Media all over the world does not do what it supposed to do( to spread the news). Rather than they put their opinion on the news and share with the viewers and try to control their viewers. So now people are getting bored of this kind of medias. Just ignore them.

[Squirtle08]

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?

First thing that came to my mind when I heard anything that involves the media writing negative articles is the only one reason: "they were paid to do so."
We can't really trust the news that we've heard, read and see because politics have reached journalism. They write what they are being paid to write and there's only a handful of journalists who really spread the truth and practice real journalism. Most of the times they report anything that are current and trending without further investigation not knowing the impact it can cause.

[Biscutard]

Because the media can be paid by some people who want to drop the bitcoin.

Yes, i agree with you at this matter because media nowadays was created to become a paid services and it is all about the money. Cryptocurrency would be long reported if someone would be willing to tell the truth about it but sometimes those media reporter doesn't know where and who to ask that's why they sometimes bring the wrong information.

[hardhouseinc]

Media has more success with fake and negative news so all they care is the popularity they get with it. It's wrong

[tuanvie]

I don’t know the reason but mostly it seems like they’re doing these negative warnings intentionally. It’s impossible to understand the media, they even don’t wanna understand what btc is. Only negative comments, nothing more.

[rampage101]

In fact, different media have different views on bitcoin. And it all depends on how well the people who work with these news media know the crypto currency. They can broadcast information that is beneficial to certain individuals, or simply do not understand bitcoin. Do not trust the media blindly.

[bitcad4u]

I don't know why they spreading a negative news about bitcoin when the price reduce.Even for their publicity they may make it sensational.All the time,it impact the price of bitcoin.Actually due to this news ,the price of bitcoin is further reduce.May be some of them are traders and want to buy a bitcoin  at low rate. 

[preditor422]

Look every country has his own media which is bounded by government rules and regulations.They can't just go against them.Those who try doing this,they get treats and warnings from powerful politicians.The digital media which really affects the crypto market shows only that thing,for which they are paid.If somebody who wants to manipulate particular coin,the best thing is to create some panic in public regarding that coin which results in panic selling or purchasing,which affects the price.Some of this negative news are also due to wrong analysis of the market.

[galkina]

Media relies on TRP and this comes from negative news. You will see more news related to violence, thefts etc because people are more interested in these. Saying bad things about crypto also gives them more views.