Why Media is negative about Bitcoin?

[jzone23]

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?

They (actually not all media, still depends on current situation of btc in their area) are against bitcoin and all crypto related stuff around because they don't have enough knowledge how blockchain is working and what are this coins are really are and they fully depend on their petty research. But somehow what media most of the time pointing out why they are they discouraging people to invest in crypto has basis.

[boakyei]

The media is payed for it to work, and it is evident that most banks and central banks don't want bitcoins to dominate our economy, so you must understand that central banks and other regulators will go a long way to pay media to do negative news about bitcoins.

[theblack_cat]

it could happen they are trying to take the opportunity to buy bitcoin at a cheap price then they can also try to work to control the volume of bitcoin to match their expectations

[NeilLostBitCoin]

We have to remember that media outlets earn money through advertising. This does not only mean positive ones like buy me, i am a good product. Sometimes there are negative publicities as well, like that product sucks big time and my product does wonderful things for you. Hearing bad news about crypto may probably mean that someone is paying them to produce that news which contains fud.

[x xurtjati]

This is very simple because the media can only do instant action, just what can be seen but do not understand what bitcoin. We do, invest and we can enjoy the results.

[furry04]

Media nowdays is focused on just one thing, to maximize the profits by minimizing the cost, so being negative about btc for sure brings more income than being positive about it.

[Glutius]

The media always picks up more negative news, as this creates more excitement. It is also quite possible that one of the major players in the business dictates information to the press in order to direct the opinion of people in the direction necessary for it. And perhaps, in the press, mostly bitcoin skeptics work. There is to be any of these options.

[maltize]

I meet an equal number of both positive and negative news. Yes, the negative raises a lot of hype and so when bitcoin falls all know about it, but about growth is only directly interested. This is an ordinary media mechanism, good news always receives less resonance.

[Qartersa]

The media always picks up more negative news, as this creates more excitement. It is also quite possible that one of the major players in the business dictates information to the press in order to direct the opinion of people in the direction necessary for it. And perhaps, in the press, mostly bitcoin skeptics work. There is to be any of these options.

Alongside this, huge companies and governments worldwide try to influence its public by controlling the information that media feeds their market on a daily basis. These media companies are so constrained in protecting their business interests hence they oblige their employees to propagate/disseminate news that are at par with the growth and sustenance of their company. They zero any chances of conflict of interests when it comes to the information they are feeding the public MAINLY to ensure they remain in their status quo in terms of wealth, power and government protection. As you may have noticed, it is JUST business. It is not necessarily true, updated, and comprehensive but something they SELECT and MAGNIFY to arouse the public at large -- may it be to gain sympathy, disdain, anger, and whatnot.  

As regards Bitcoin, they are against it because most of their governments are against it. As you know in the nature of their business, they have to have good tie ups with their respective governments for the good of their franchise, and to obtain and maintain reciprocal concessions.

[bigbosma]

The media can be very easily influenced and imposed on them the necessary information. Therefore, you should always analyze the information that you study and trust only reliable sources.

[sarjilcse]

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?

This is very simple. it is all about their (media) marketing. what if they publish article against bitcoin they gain lot of viewers. this the motto of media !

[kafnan]

Actually the main thing is those media who publish kind of content about  btc. They always picks up more negative news, as this creates more excitement.they just want their views. people always read those kind of news.

[luigidosado]

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?

People tend to give way too many judgment on some things like bitcoin. When it comes to their say about bitcoin, usually they rely on news on the social media that is not a hundred percent true. Speculations makes people panic about their investments, medias who spread news like this just want to earn more views because bitcoin right now gains a lot of attention from the public. Their businesses along side with the government can also be a possible reason why they throw hate on it since they know that they will never get a hand on it.

[Daffadile]

Because people are idiots and all think they experts and that their opinion is fact. Also is is all about the viewer count and money. They will tell you that bitcoin is a creation of the Devil if it made them money.

Also, it is India.... What do you expect? They scared because they treat their people badly and now the people have a tool of liberation and the government can't have that now can they?

[Kleo-kripto]

The media form a negative background for the masses - this is a fact. Therefore, there are such collapses of the course. The people are prone to panic. But, of course, the media is paid for and such news does not just happen. Apparently, it is profitable for someone.

[redhondaxrm125]

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?

Well, that can be one reason(although i think the people that controls the media are the ones that truly benefit from this) or maybe because the negativity is what makes them have a lot of viewers. Let's face it. People love to listen to negative stuff more than how they love to watch positive things. They are intentionally doing this or completely unaware of this reality. Which is what the media is taking advantage on. But nonetheless, it really wouldn't hurt that bad because nowadays, people are smarter than that. Most of the people will now search and validate things for them selves(except for those lazy people).

[Alexis77600]

The media are negative because they are controlled by the state. There are two reasons that it can benefit some people or on the contrary the state is losing and they all do to stop all that. If they do not make money with crypto it does not help them ans they hate that

[semenencoa]

If someone can't understand something, he starts to blame it. People are made like this, it's hard to tell yourself that you are weak. So, it's never too late to learn something new, especially in cryptoworld!!! Nowadays we have almost unlimited access to information, in internet everything is near, just take it.

[ronyfastlife]

Its gambling bro
There are big whales are paying for these news. And they buy back again when FUD works.

[Vendetta666]

So maybe they are negative about what they say about bitcoin because there are countries that do not like bitcoin because they are hackers and big scams. but there are also media that the news is true is a good influence and the bitcoin is a big cryptocurrency and you can become an instant millionaire for bitcoin and will publish it and spread around the world and because of that bitcon will be famous in over the world.