Why Media is negative about Bitcoin?

[CherRic]

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?

Very simple logic, media are commonly controlled by governments and those politicians. If a government is against bitcoin, then they will cal, those media people to make a story and publish them to spread in the whole world. There is nothing new about that. Government and media are allies.

[mindfly09]

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?

It is because media are influenced by government and politics. Some medias are controlled and payed by government to spread news about bitcoin - risks and negative impact that might  happen if bitcoin falls. Because media has wide range to influence people, government use media to spread negative news to brainwash people who wanted to invest in bitcoin and to people who already invested to bitcoin to have doubt about the capabilities of bitcoin to change someone's life.

I agree that the government is behind it. I think medias are paid by the banks of course the government to spread this negative news about bitcoin. We know media is popular and most people believe it if what their news is about, so people believe it and the effect is discourage to invest. But despite of this negatives news, more people are interested to invest in btc.

[neo444]

I think the media can't accept the evolution of Bitcoin because they can't accept the change of the future of cryptocurrency but the power of bitcoin is unstoppable and the media can do nothing about that

[carlisle1]

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.

all medias are payed so theres no doubt about it,but the guy is true,that medias are owned either the government or big companies that manipulating the system,so lots of bad write ups had been created just to put bitcoin down.but they are failed because whatever they do our community stays strong and stays healthy.

[khai29]

Some of the media they only use a hot topic so that they give to the audience a beautiful news and the use bitcoin to make their topic interested because we all know bitcoin right now is in demand to the people.

[dado7]

The first reason is that media had quite a struggle when going from a paid printed to a free electronic form. Hence they had to find out new ways to fund themselves... to survive literally. They mostly garner the funding through advertisements and they cleverly notice that people like to react on FUD and clickbait.

The second reason is that the most of the media are financed in the same way as politicians are - by private capital. The persons behind that capital usually have some benefits in controlling the media and politics, and hence also politics control the media. Now, blockchain was invented to take the two most powerful instruments from the hand of the private owners - centralization and control over the creation and distribution of money. Hence the FUD and general negative reflections in media.

[jhache]

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?

Media houses in most countries have lost their independence and are sometimes subjected to external interest from people with personal interests. everything in the media is not always legitimate and we should do a proper research on what their warnings and see if they are legitimate. I however take the media warnings positively as as it increases BTC awareness and by the warnings, it encourages proper research before investing, which is a good thing

[rasyiqul1505]

sometimes there are people who do not like bitcoin, they just want to destroy bitcoin. if I hear or see the mass media telling me to leave bitcoin then I will stick firmly, I will keep hold of bitcoin and will continue to work for bitcoin.

[brickafterbrickwalldpt]

The media is negative about Bitcoin because some of them are forced by the government to show cryptocurrencies in a negative way or they might take bribes from the banks, running a TV channel isn't cheap. There were a lot of interviews with bankers and cryptocurrency enthusiats and usually bankers were laughing at cryptocurrencies for being worthless. What a pity that they don't say that money we use is worthless and expensive to produce. Ordinary people unfortunately don't do research on their own which results in many misunderstandings.

[rhenrhen]

Perhaps it is their technique of deceiving other people who are planning to join bitcoin, not to trust bitcoin anymore. I believe these media people are also crypto addicts in some point. They have much knowledge about bitcoin since they're reporting about it. A sort of competition could also be a reason for negative news about bitcoin.

[vanslyien]

When we define media, it covers broadcasting, publishing, and the Internet. Media is not negative about Bitcoin. The internet for example plays a vital role in virtual currency and it also aired beneficial side of it. There is always bias in every industry, it just so happen that it is common in media. We talk what others will listen.

[andrei214]

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 it is because they are scared to take risk and invest in the time that there was a price falldown.They doesnt want to invest because of the price falldown and scared to invest because of the threat of low price rate. And because of that they are  trying to warn the people not to invest in bitcoin.

[etron]

it's better to focus on one point, and ignore the negative news about bitcoin, because the mass media or social media is just selling the story, as when the price drops they give the news a panic, and when the price is 🚀🚀🚀 they give good news and glamorize bitcoin, that's a medium that only sells passport stories.

[yuni52]

I think the media just want to be famous, by looking for the weakness of bitcoin, I think more and more media are spreading the news that dropped or cornered it just makes bitcoin stronger and more popular around the world.

[regalis]

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 it is because they are scared to take risk and invest in the time that there was a price falldown.They doesnt want to invest because of the price falldown and scared to invest because of the threat of low price rate. And because of that they are  trying to warn the people not to invest in bitcoin.

They're just ruining the  minds of the people because they don't want people invest from bitcoin.Media are self-restrained by the government and agency that are against bitcoin.Bitcoin is not yet recognize by the government right now.

[carlbreezy]

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 of lack of knowledge on what the media delivering to public. Or maybe some people use media to manipulate crypto prices??

[GDragon]

Base on your question, my speculation is media controlled by the government which is the governments against with it because of being decentralized. Manipulation of media can lead a good result for them and it can be a tool to break the cycle of competition between banks and crypto. According to article I read, banks are making movement to exceed the services of crypto and as you can see the pressure within this statement. at some point, it will be good or bad result.

[Phyton76]

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 negative about bitcoin because they have no enough idea or knowledge about it.Sometimes there are people who do not like bitcoin because they just want to destroy bitcoin or destroy the reputation of it.Also we all know that the odinary people unfortunately don't do research on their own which results in many misunderstandings.

[fuer44]

this is effect of some world billionaires like bill gates who once said that bitcoin can make you death. the media certainly make the criticism from sources that they consider to be a reference, especially in the economic field. I also still don't understand, why bill gates can't consider bitcoin as a profitable investment.

[noormcs5]

I think the media just want to be famous, by looking for the weakness of bitcoin, I think more and more media are spreading the news that dropped or cornered it just makes bitcoin stronger and more popular around the world.

Well, media is basically controlled by the govt. and they display what government want to show. Since Government is against bitcoins, they will never want media to show positive aspects of bitcoins. Rather they will always want bitcoins to be negatively projected so that people stay away from them. No matter what they do, i still think they can't stop the mass adoption of bitcoins.