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Author Topic: Why Media is negative about Bitcoin?  (Read 3083 times)
Xanxus024
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February 25, 2018, 10:43:02 AM
 #341

I think government know this because if media spread negative news about bitcoin they discourage people to get into it, people who doesn't know bitcoin think bitcoin is a form of scam, and worst part about spreading negative news about bitcoin it may start to panic selling.
VanKleiss
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February 25, 2018, 11:50:33 AM
 #342

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 media is also controlled by central banks, they pay the news agency to create panic in cryptocurrency and make a fake news.  It is our responsibility to make our own testimonies in social media to fight such negative news.
daenarys_stormborn
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February 25, 2018, 11:53:39 AM
 #343

the media only take advantage of the negative news about bitcoin, of course they do not care what happens with bitcoin, because they do not invest in bitcoin, they just compete to spread negative news about bitcoin to get the public's attention

andika2018
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February 25, 2018, 12:10:28 PM
 #344

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?


Sometimes, not all journalist understand about cryptocurrency. Sometimes they dont make investigation about bitcoin and one bad news is good news for them, so its better if we not following negative news that sometimes not the fact
kikoy999
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February 25, 2018, 12:22:35 PM
 #345

negative bitcoins are negated to the media because bitcoin is losing with social mediia and they are still using the media to discredit the bitcoin so scammers do not really choose, and the bitcoin investors are losing because of what they see in the media they are afraid that to invest and maybe even scam.

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iqlimasyadiqa
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February 25, 2018, 12:32:13 PM
 #346

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?

Various media may not yet understand how the Bitcoin system, all they know is Bitcoin is often so drastically decreased that they warn us all. But I see not all the media do that, there are many mass media also provide positive news about Bitcoin. For me every person's point of view must be different and it shows there is a support Bitcoin and also there is a commemorative about the use of Bitcoin. All of that can not be generalized and we have the right to choose according to what we believe. Personally I am very confident that Bitcoin can be the power of the economy in the world, now there are so many people who helped because of the bitcoin. There are even people who can get a job after they get to know Bitcoin and the various opportunities that can be utilized from Bitcoin to earn income.
Vatimins
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February 25, 2018, 01:07:18 PM
 #347

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.


     You are absolutely right. The media we have nowadays is really different from what it was back then. The media used to be built with the principle of giving the best they can to spread real news that people need to know no matter the cost. But now, they are all the same and even when some of the media personnel still do want to be honest ij doing their jobs, they are forced to follow the commands of their superiors which are clearly controlled completely by the richest of rich and the most influential. But as what you have said, a lot of people are already starting to open their eyes amd see the reality. Which is great byy the way because it makes the false news of media people be worthless or meaningless for most of the people out there.

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jambul_kribo
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February 25, 2018, 02:47:21 PM
 #348

maybe they collaborate with a party that wants make  bitcoin price drops alot and rebuy it when the price is cheap. just like JP morgan does the same thing when saying bitcoin fake.

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Paketushka
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February 25, 2018, 02:52:02 PM
 #349

Because the media is profitable, they earn on such news!
Mersterious
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February 25, 2018, 03:03:10 PM
 #350

In my own mind Medias are negative of Bitcoin because media need their existence they catch news that is not more important and exaggerate the news with more build up stories so as the people will be interested to read .This exaggeration is fruitful for the success of medias.If the price of Bitcoin increases medias will highlight and appreciate Bitcoin and if it decrease also they will be saying that bitcoin is bad this may influence some people and some do not care. But these news also are appreciable for the growth of Bitcoin.
Davidbee
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February 25, 2018, 03:12:42 PM
 #351

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?

We should get used to the bad news about bitcoin. Over the past month, the media has been spreading bad news about bitcoin every day, which has affected the price of bitcoin. They don't know bitcoin at all. They are controlled by traditional bankers.
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February 25, 2018, 03:45:00 PM
 #352

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.

No no no! Media is not against bitcoin or other crypto currencies they are just spreading FUD to make the price fall and their "bosses" can buy at a lower prices and it will start to pump again, Their main target is those newbie investors who invested in bitcoin so that they would sell their hodlings at a lower price due to the panic reaction on the FUD that the media is spreading all over the crypto currency realm. All this FUD spreading that is happening are profitable for the one's that are behind the media FUD spreading propaganda. Media's true colors are being revealed by their action and it's all about money and getting a lot of money in very wrong way.  Cool
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February 25, 2018, 03:54:46 PM
 #353

Reason is simple: Bitcoin is invented and used by nerds and most people hates nerds. Media publish or broadcast for those people because thay are more than nerds and make media earn money. I remember the days in 90s when internet banking was like for the shy or asocial people living with their mommies. Most people did not understand internet and thought that perves are using it.
Media will be positive about bitcoin when it is widespread and its price will be around 1 million at that time

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February 25, 2018, 11:22:50 PM
 #354

Who are the media owners? The government of course.  They control what goes on in the media. Since they can't get hold of bitcoin in general of course they have to be  negative about it.

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February 26, 2018, 12:11:15 AM
 #355

The media generally is always positive. Negativity causes more clicks and more views. Also people working in the media might regret not having bought BTC earlier and just hate on BTC itself.

or.... there's some real conspiracies going on, who knows though, I'd be agnostic about it.
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February 26, 2018, 12:13:44 AM
 #356

The media generally is always positive. Negativity causes more clicks and more views. Also people working in the media might regret not having bought BTC earlier and just hate on BTC itself.

or.... there's some real conspiracies going on, who knows though, I'd be agnostic about it.

"The media" is generally negative.  Not sure where you came up with that, saying that they're generally positive. Positive stories don't make it to the top, the negative ones do.

It's easy to make negative articles about bitcoin, because the public knows even less about it than the moron writing the article or talking into a camera. It's fine because people can see through the bullshit, unless they just really don't care. At some point when cryptocurrency completely takes over they'll have to care though, but they won't have the gains that we do. Too bad.
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February 26, 2018, 12:23:28 AM
 #357

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?


No all media are negative to bitcoins and all the other cryptocurrency but most of them are really negative because of those people that are being a victim of scam and they complain to the government and then the government cannot do anything. So they are just spreading the news for the people to be aware that the bitcoins are scam. And those media do not even know how bitcoins work and how the cryptocurrency works they just protect their people not knowing their people do not know their doing.
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February 26, 2018, 01:30:09 AM
 #358

Maybe because they don't really know the idea about bitcoin, and there are only few that really know about this cryptocurrency or probably they are afraid of change,because i do believe that bitcoin will grow and the national transaction is on digital term... that's why I think that bitcoin is negative on media .
TheManofBTCs1
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February 26, 2018, 09:27:30 PM
 #359

Don't have any idea regarding it in this newbie
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February 26, 2018, 09:52:26 PM
Last edit: March 01, 2018, 12:49:59 PM by zarados
 #360

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 for some purpose. They don't do it for free you know, there are some people behind the media that controlled the news. for example, there are certain individuals who are willing to pay for a medium to keep the media out of service for some time, or deliberately not to broadcast certain news, and some to otherwise. Therefore, you can not 100% believe in the media because it could be inside there already has a hoax element.
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