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Author Topic: Why Media is negative about Bitcoin?  (Read 3083 times)
zergenyt09
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February 16, 2018, 08:58:47 AM
 #281

I do not think that the mass media deliberately spread negative information about Bitcoin. In most cases, they try to be objective and lead a different point of view. However, there are cases of deliberately spreading bad information about bitcoin, they really serve the government and their officials more.
We hear many rumors about bitcoin, almost in every media forum, whether it social media print media or electronic media. We need to understand that everything going on in the media at a given time has a direct or indirect relation with the community that we live in.There’s something about that particular issue which makes it important for the people on the media to talk to. The same is the case with bitcoin, we see many people discussing bitcoin, and of course not all of them will be in its favor. There are critiques too, in the media who actually try to point out the effects of bitcoin on the society.
adolf512
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February 16, 2018, 09:07:35 AM
 #282

The media really can influence the market of Crypto-currency and the individual currency in particular. But I will not say that all media negatively relate to crypto-currencies. No doubt there are those who specifically come up with fake news, for someone's request.

abhishek273b
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February 16, 2018, 09:14:49 AM
 #283

 Smiley Media is become negative about bitcoin cause they want to ride in popularity of bitcoins. They create nonsense reports that will made them to become famous all over the world. Many media people want only to be known. Smiley
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February 16, 2018, 09:20:56 AM
 #284

There can be 2 reasons either it is not profitable for them to be aware of the new currency, or they do not fully understand what its meaning is and therefore they are afraid that it is bad.
AmericanBit
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February 16, 2018, 09:58:00 AM
 #285

I do not think that media is negative, i just think they need news which are more attractive, and negative news are always attractive for public.
jamesscorpin88
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February 16, 2018, 10:28:21 AM
 #286

Media has strong power to charm people. Publishing negative news is one of the nacked weapons of media. Most of correspondents are flattered by western currency system. They cannot tolerate the on line based decentralized Bitcoin system. This is why they are always negative
asm0305
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February 16, 2018, 10:37:36 AM
 #287

Mainly this bitcoin is a online working prcess where no any relationship from any customer and also this bitcoin banking transaction are done without paying any tax to our government.
Rossy Akbar
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February 17, 2018, 03:58:09 AM
 #288

That was pretty good question,  because what I know currently, there are too many media against or giving a negative content about bitcoin but as I saw in another side which is some media also had some agreement to show an advertising of bitcoin. This kinda confussing really, but for me anything about negative contents of bitcoin I've never care.
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February 17, 2018, 04:06:47 AM
 #289

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?


At the time it is now that the vandalism has gone a long way. Damage to the popularity of a product, company and others. Many people hate bitcoin. Millenials are one of those, they make a mistake because they think it's not good for people. Hopefully before they get rid of the famous name, know first if they're right. Not only are they going to destroy the famous company. They are not trying. They are social diseases.

 
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Mariela
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February 17, 2018, 04:16:42 AM
 #290

Absolutely they do this intentionally . Because they paid for their negative column about bitcoin.
Majority of them are bias.
I'M still thinking why they do this kind of shit. They want to destroy our community.
Coinsher
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February 17, 2018, 04:21:58 AM
 #291

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?

Probably they intentionally do this in order to get viewers or listeners to their stations.Because whatever or whoever is trending now,they will go for it and make some fabricated or malicious stories  to get the interest of the audience without even knowing the full story.I'm not saying all newscasters but majority of them are making this way just to make the stories more interesting to read.

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Patadong
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February 17, 2018, 04:24:56 AM
 #292

Maybe story about bitcoin already going down and there no any control over the crypto currencies.
and whom people don't like bitcoin  always make trouble of it, so the value of bitcoin become lower than before

Coinlover9
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February 19, 2018, 04:20:56 AM
 #293

Because it's their job to create flashy news and what's more flashy then people loosing millions in investment and along with it they earn on the side a little for their stunt.negativity sells
vionas
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February 19, 2018, 04:49:06 AM
 #294

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 just want to increase its popularity to be known to the general public, they will spread any news, including negative news about bitcoin.
SPOILER
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February 19, 2018, 04:55:41 AM
 #295

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?


I think Media is not negative with the Bitcoin.  Actually they are the one who brings News about Bitcoin.

The government seems to be the negative here.
angelomoraaaa
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February 19, 2018, 05:04:41 AM
 #296

Media has only little knowledge about bitcoin, the reason they are posting negativities about bitcoin is because of the people behind that controls the news. Bitcoin is a transparent currency system that violates the current global banking system, and with the fast-growing popularity of BTC, they are alarmed so they are using the media to shut it down.
AfterTheFork
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February 19, 2018, 05:06:22 AM
 #297

The media's main job in most occasions it to report on other people's  words and ideas. the masses afterwards react to the reported reported speech,. this reaction can either be negative or positive, the Billionaire investor Warren Buffet for example was quoted saying,

' I can say almost with certainty that cryptocurrencies will come to a bad end'

as much as this is buffets own opinion on digital currency, his followers will be influenced by this and may make certain decisions based on this.

Remember, such influential figures might create controversies with their words and cause panic sales while they take advantage of the situation. so its not really the media as they are just the channel, its the people relaying the message.

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February 19, 2018, 05:23:02 AM
 #298

Actually the person behind the media, who made negative news on bitcoin, made bitcoin prices very cheap, and it was their chance to buy it when bitcoin became cheap, to make a profit after the bitcoin price went back up.

Pattart
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February 19, 2018, 05:43:10 AM
 #299

Media has only little knowledge about bitcoin, the reason they are posting negativities about bitcoin is because of the people behind that controls the news. Bitcoin is a transparent currency system that violates the current global banking system, and with the fast-growing popularity of BTC, they are alarmed so they are using the media to shut it down.
I think the media has all the information but you know that the media will preach a thing according to who pays them. of course the government has been lobbying all the media to make a picture of bitcoin to be bad. you know minister in my country really makes bitcoin image so bad. then many media in my country also preach the same thing and it makes bitcoin market in my country also messed up a few days ago
Caladonian
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February 19, 2018, 05:45:56 AM
 #300

Actually the person behind the media, who made negative news on bitcoin, made bitcoin prices very cheap, and it was their chance to buy it when bitcoin became cheap, to make a profit after the bitcoin price went back up.
And those who will believe them will be a cry babies after, media is a paid publicity so people who have a lots of money can manipulate this venue,
and you are correct they just or someone is behind the negative publicity to pull down the value of bitcoin and grab that opportunity to buy more
because they know that after this the value will grow again and bounce back much higher.
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