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Author Topic: Why Media is negative about Bitcoin?  (Read 3080 times)
BitcoinGirl.Club
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February 26, 2018, 09:56:42 PM
 #361

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.
From this I can conclude to say that negativity in form of fake news tends to bring in more traffic for online news sites and at times this could be a marketing strategy for these media platforms to get noticed but AFAIK cryptos have reliable news channels so no need to be affected by this negative news.

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February 26, 2018, 10:01:31 PM
 #362

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 believe that there are some government personnel behind this issue. Governments really hate bitcoin or cryptocurrencies because they cannot get some tax on cryptocurrencies, they want their people to use fiat, so that they can get tax from the people.
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February 26, 2018, 10:59:13 PM
 #363

The price of bitcoin is soaring and like stock market and foreign exchange, a lot of people are tempted to risk what they have a grab of riches. However, media are skeptical and not pro about it because they think that NOBODY IS IN CHARGE and governing it.
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February 26, 2018, 11:03:58 PM
 #364

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?


Most media that are committed to spreading negative rumors against bitcoin are not really recognized for specializing in cryptocurrency-related topics, but find it easy to join the most popular trends, especially when they are sponsored by governments or centralized financial systems. Therefore I have learned that the larger the criticism against bitcoin, the more convenient it is to buy it.

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February 26, 2018, 11:06:56 PM
 #365

because the media do not know how to find bitcoin. and also they only make fake news or just to raise the rating. Such fake news make people more confident that bitcoin is very risky. so the people began to believe the things submitted by the media.

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February 27, 2018, 05:45:00 AM
 #366

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?

As I am living in India and here BTC is still not considered as a trust worthy mode to invest in. In India BTC is still considered as a fraud and even government is demotivating people not to invest into BTC and they even declared that they are not responsible for any loses regarding bitcoin and yes media is playing a negative role because BTC is the future of finance and everyone should invest into BTC, so media should encourage about BTC and should advertise it in proper way.
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February 27, 2018, 06:27:24 AM
 #367

Media has just little learning about bitcoin, the reason they are posting negativities about bitcoin is a result of the general population behind that controls the news. Bitcoin is a straightforward money framework that disregards the current worldwide keeping money framework, and with the quickly developing fame of BTC, they are frightened so they are utilizing the media to close it down.
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February 27, 2018, 10:55:03 AM
 #368

For me, maybe it is just because of the "STEREOTYPICAL MIND" of many people in bitcoin. In my own experience, I told my friends about bitcoin and the first thing that comes to their mind is that it is an illegal thing and it is used for crimes, I just cant imagine how they can tell that if they have no experience in it. In addition to that, many people say that it is used only for underground services, illegal selling of drugs and machinery and many more negative comments about bitcoin. Stop thinking negative things on bitcoin just because of HEAR-SAYS, read and be informed about it.

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February 27, 2018, 04:08:58 PM
 #369

Media has just little learning about bitcoin, the reason they are posting negativities about bitcoin is a result of the general population behind that controls the news. Bitcoin is a straightforward money framework that disregards the current worldwide keeping money framework, and with the quickly developing fame of BTC, they are frightened so they are utilizing the media to close it down.
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February 27, 2018, 04:13:49 PM
 #370

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 .

That's right, They don't really understand how Bitcoin works. Or this news is made by people who hate Bitcoin and have other goals than Bitcoin.
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February 27, 2018, 04:14:16 PM
 #371

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 will be dependent on the company, if decided to be in favor with Bitcoins they probably advertise it but if not it is easy for them to make some news in favor with them.
And according to your statement about doing it for money there is so many ways for them to make money compared in having it producing news that is favor with them and not with Bitcoins.
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February 27, 2018, 04:32:00 PM
 #372

We shouldn't be surprised that the media are negative in relation to Bitcoin. There are many reasons that affect it. Starting from the fact that the media are dependent on the government and, as you know, the government depends on the control of citizens and that's what banks allow them to do, and that is why the government wants citizens to store their assets in banks. Furthermore, banks can support many media's campaigns against cryptocurrencies, which is highlighted by the fact that the media is against crypto-reverse.

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February 27, 2018, 04:35:43 PM
 #373

Media generally is either supported by governments or owned by the big businessmen which hate crypto currencies (in general) and fight them. Governments in most countries still trying to support their fiat currencicies and discouraging their citizens to invest or trade Bitcoin and crypto currencies.
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February 27, 2018, 04:43:03 PM
Last edit: March 01, 2018, 07:00:42 PM by Thadeous
 #374

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?

In my opinion, media is not negative or positive about Bitcoin, but simply spreads exactly those news that are needed to pump or dump the crypto market. This just a big game of news around the crypto.
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February 27, 2018, 04:47:44 PM
 #375

Media generally is either supported by governments or owned by the big businessmen which hate crypto currencies (in general) and fight them. Governments in most countries still trying to support their fiat currencicies and discouraging their citizens to invest or trade Bitcoin and crypto currencies.

This is very true this is paid media out here, which has sold itself to the government and the rich businessman.
Plus the truth never sells so they'll make false accusations about it. Then second fact is media is scared government may ban them, and the businessman may not give them money for their business.
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February 27, 2018, 04:50:53 PM
 #376

Because they only listen to people who has bad experience with bitcoin because of those people who uses bitcoin to scam. And negative news seems to attract more people nowadays that is why they prefer spreading bad things than the good ones.

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February 27, 2018, 04:52:22 PM
 #377

Most medias think btcs to be ponzi scheme that's why they are banning these
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February 27, 2018, 05:28:36 PM
 #378

I have been making investments for more than one year and I'm happy with everything because I get a profit steadily
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February 27, 2018, 05:48:46 PM
 #379

Because they only listen to people who has bad experience with bitcoin because of those people who uses bitcoin to scam. And negative news seems to attract more people nowadays that is why they prefer spreading bad things than the good ones.
Media or any news will become boring if you are just reporting the positive news, people can easily forget it or just ignore what you  they are saying and will swift to other channel, so they are creating a story sad to say a negative one so that people will become aware and would listen careful word by word until people will become panic.

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February 27, 2018, 06:16:13 PM
 #380

Well I think they are not negative about bitcoin, the thing is they are exaggerating the risks involved in using cryptocurrencies and not stating the good effects of it to the people. They are always warning the audiences with exaggerated reasons not to invest.

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