Why Media is negative about Bitcoin?

[thend1949]

It's very simple, the media will only report malicious reports, they don't have bitcoin, they can't see that we bought bitcoin and made money, and the news in the media is mostly eyeball.

Yeah you have your point media never interested for cryptocurrency because they focused on everyday happening for the people in our community like accident,social media,sports,government politics and etc.

[ayuwick]

I am also very sad when all the news bitcoin around the world give negative news or information I wonder why some parties seem to make crypto become their enemy when. over time all payments will require digital money

[Meandros555]

Many posts by the media are positive..thats why bitcoin skyrocketed a couple of months ago (apart from trading tricks etc)..there's both negative and positive media broadcasts.. it really depends you is writing the article and why..

[Kingigolo]

It is a method of manipulating prices. Big firms like Google and Facebook have seen the potential of the market and are trying to bring prices down so they can have a two-fold advantage : buy cheap crypto and create theirs, that way the market wouldn't be too far ahead for them to catch up to

[Human_Copy]

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.

[lyks15]

I think media is negative about bitcoin because people are more interested at negative news rather than good or inspiring news. So they will gathered information mostly negative feedback to make people interested to their report and for the sake of their show ratings. And it is not only media. Most of them are the negative are the people who did not believe at bitcoin and I dont know the reason why they hate bitcoin so they use social media to have negative feedback then the media will alarm then they will be the instrument of the negative people to have a negative news feedback about bitcoin.

[Gotottack]

They are negative about Bitcoin because they do not earn from it. It is because it has managed to become bigger each passing day without them getting paid by big companies for advertisements and other marketing purpose you can ever think of. Media has long controlled the people because they only broadcast issues that they THINK we should be apprised of. They are used to the fact that they have utmost discretion of choosing what news to feed us. They are people paid by big companies to talk about the latter's business. They exist because they have long been fueled by the influential, the powerful, and the wealthy. So now, I think I managed to answer your question.

[oracleongoodbye]

Of course they will continue to feed negativity about bitcoin to the public, after all they're getting paid and they have to protect the interest of the one who pays them, it may be the Government, Influential People, or even The Banks but one thing is for sure they will do their best to destabilize everything who gets in their way not just Bitcoin.

[Approxilite]

It's very simple, the media will only report malicious reports, they don't have bitcoin, they can't see that we bought bitcoin and made money, and the news in the media is mostly eyeball.

Absolutely right about it and they want to publish negative thoughts about bitcoin, because bitcoin can actually earn easiy money and you can actually work online job as long as you know how to study what are the main factors here in crytocurrency world. They want also to controlled people by broadcasting issues about bitcoin in order to minimize the population of using bitcoin as a source of income.

[russella31]

Let me cite an example. It actually happened in my community last month. I attended a forum about bitcoin with some other teachers whom I don't know. I was just invited by someone in facebook. During the forum, we were encouraged to invest. After the forum, the guy who recruited me kept sending me mesages that I should invest and let them grow my money. Of course, I didn't give in. After a few weeks, I heard from the news that complaints coming from a group of teachers. I don't know if they are the same people whom I attended the forum with. And because of that, the media will make a big deal out of it.

[moetimas]

those who spread bad news about bitcoin are people who have no knowledge of bitcoin and how blockchain technology works. and in my opinion, bad news about bitcoin is greatly exploited by media crews to attract viewers.

[mackhoy]

Media is trying to be transparent with their news however, it doesn't make any sense when they give negative feedback about bitcoin. They have to be optimistic in their reports and be neutral on the comments about it, which is unfortunately diverting the news to some negative feedback. In this matter, it is an advantage for us, bitcoiners, to enjoy well the current trading of the bitcoin. Anyway, my expectation about this issue is not surprising, maybe they will not encourage many people to rely on working online to mine bitcoin as if this might lead people to refuse from looking a job. Indeed bitcoin can provide financial profit but at least find a decent job will keep the financial stability.

[Sowik]

Media is trying and suceeding at pushing Bitcoin's price down. It cannot last forever tho, soon we will break out.

[criz2fer]

Of course they will continue to feed negativity about bitcoin to the public, after all they're getting paid and they have to protect the interest of the one who pays them, it may be the Government, Influential People, or even The Banks but one thing is for sure they will do their best to destabilize everything who gets in their way not just Bitcoin.

This would really be a problem for Hodler's like me. But I keep on buying only bitcoin when this kind of opportunity happens because I believe in the system and the development of the blockchain technology not only in bitcoin but other currencies in compete with it.

[23xfi]

Many people are scared of change especially the established entities, so they try everything possible to fight whatever change props up. Also, these people have the resources to control whatever they want (including the media) so basically the media is probably being controlled. Or maybe it's just a conspiracy theory on my part.

[Gheka]

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 they intend to do that when the people are panic sell, they can buy Bitcoin at a cheap price.
I think it's normal because Bitcoin is famous now and many people want to buy more Bitcoin at a cheap price.

I do not think so, making people panic and selling bitcoin at a cheap price is what the whale doing, the media does not need to do those useless things, the media bring negative for Bitcoin because that is the requirement of the government. The government does not want people to go too deep into bitcoin, bitcoin has a very significant effect on the economy and people's thoughts, governments need to limit that and the media is the way to stop the bitcoin coming to the people but they do not realize that it only makes bitcoin more popular

[Daveeoff]

Thats the way the big fishesh control Bitcoin's price - via media. We sadly cannot do anything to stop them.

[Hotel_Prodeo]

Of course they will continue to feed negativity about bitcoin to the public, after all they're getting paid and they have to protect the interest of the one who pays them, it may be the Government, Influential People, or even The Banks but one thing is for sure they will do their best to destabilize everything who gets in their way not just Bitcoin.

Of course this is sad, they get a big pay from people who do not like bitcoin, and the effect of negative media is facebook and Google finally banned all ads bitcoin and cryptocurrency.

[Satish147]

Right now only the developers and who are mostly crypto Enthusiastic only able to believe the real potential of Bitcoin and remaining all are falling only for quick money. When the media trying to spread FUD then people who fall for money are selling their holdings at whatever market price.

This is the time where only smart minds are able to get in and survive in future.

[playboy654]

Of course they will continue to feed negativity about bitcoin to the public, after all they're getting paid and they have to protect the interest of the one who pays them, it may be the Government, Influential People, or even The Banks but one thing is for sure they will do their best to destabilize everything who gets in their way not just Bitcoin.

If bitcoin is grow there is some disadvantage for some company this will be the main reason for the media will show bitcoin as a fake currencies but nothing is like that we definitely trust bitcoin.