Why Media is negative about Bitcoin?

[PacePay]

Hi;

Such negative news came out even when the market was good therefore I think we should look to future without thinking too much.

Kind regards

I think they are only selfish and they know that the community of bitcoin is increasing and has increased already to a higher amount so they like to share any news with which they want to get the readers at a high scale. They know that on internet they will find the bitcoin users easily as the internet community is going to be the bitcoin community so they know that they will earn from the traffic to them because of strange news.

But we have to ignore them and we have to read the news only from those who are in the favor of bitcoin and who tell the truth about bitcoin.

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[wasaisi]

Because many media have been controlled by the people above. And the blocking government always thinks negatively about bitcoin. Thus the media also participate blasphemy bitcoin.

[xxToaDxx]

Media has simply very little learning concerning bitcoin, the rationale they're posting negativities concerning bitcoin may be a results of the overall population behind that controls the news. Bitcoin may be a easy cash framework that disregards this worldwide keeping cash framework, and with the quickly developing fame of BTC, square measure frightened so that they are utilizing the media to shut it down.

[Zach707]

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?

Some people who don't understand bitcoin process is making fake news. People make reports with bitcoin that are not true. That is why some people are afraid to invest and will not join crypto because they are afraid to lose money. Some reporters and bloggers also wants to put cryto currencies or bitcoins down becs. they don't understand the deepest worth of it to many people.

[mintomia199]

Media will be always negative as they get payment from bitcoin haters (bank).In addition, they only see the bad things of bitcoin.They can not see the blessing of bitcoin.In fact they try to become popular by broadcasting news against bitcoin.

[|Bitkoin|]

Its not the media but various organizations like banks and government agencies who run such FUD campaigns against Bitcoin in the media. Bitcoin threatens the monopoly and power of many organizations like the banks and governments and thus is a direct threat to them.

[marabanda]

210/5000
Potomu chto sil'nym mira sego vygodno chtoby bitkoin ne vzletel. Potomu chto eto ogromnaya pomekha dollaru SSHA...tochneye eto yego polnoye unichtozheniye. Vot poetomu i o bitkoine govoryat chto-to plokhoye vsyakiy lyuboy sluchay.
Because it is advantageous for the powerful of this world that bitcoin does not take off. Because it is a huge hindrance to the US dollar ... more precisely this is its complete destruction. That's why they say something bad about bitcoin, any case.

[shoreno]

Its not the media but various organizations like banks and government agencies who run such FUD campaigns against Bitcoin in the media. Bitcoin threatens the monopoly and power of many organizations like the banks and governments and thus is a direct threat to them.

i guess bitcoin dont wanted it to happen. Bitcoin doesnt threaten them because bitcoin is built in only for digital purposes and that is to have an additional payment method that is decentralized or fully independent.  banks and goverments are only thinking a negative way about bitcoin , that is why they make a false accusiation and they are using these social medias in order to discredit bitcoin. They want more people to believe that bitcoin is the root of all evil but the is actually a lie.

[wasaisisisi]

Because many media are controlled by people who can control the media. They do not want bitcoin to be a legal transaction in the country i'm sure of it. Especially the media may be in government control as we know many governments are blocking bitcoins. Hence only negative news in the country.

[dillpicklechips]

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 the risks involve in a very unstable market really. They are just warning tho and it really is up to the people really. If they view this as negatively or they are easily swayed by the media then it's their lost. Nonetheless, they are just a bunch of people fearing new things instead of learning, understanding and adapting in this wonderful technology which transcends any races or location in order to do transactions.

[bitkaboom2]

For media those news matters which can improve their ratings.When Bitcoin was going up they were not spreading such rumors but when the price of Bitcoin gets down they start warning people to get good ratings.

[Viking81]

Not all mass media is negative on Bitcoin, you are just more suseptible to bad news. But negative attitude of a certain part of leading global media sources is based on corresponding approach of their owners who often linked with traditional financing sphere or are state-controlled ones. Some others are just a strong tool of big players to manipulate the cryptomarket and public sentiments. It is just a business for them. Moreover, a lot of journalists personally still have a biased attitude towards blockchain technology and cryptotrading taking into consideration a wide spread of ignorance and prejudices among them ("criptocurrency is a bubble and Ponzi-scheme", etc).
But very often mass media simply follow trends, and if the whole situation around cryptoassets worsens they begin to force a negative approach and vice verse to draw attention. It helps them to be in the spotlight.

[Roman Coinson]

All media are always dependent on someone! Therefore it is strange to expect from them an honest reaction

[chickenfried12]

media bosses are, of course, power-hungry people, and it is natural to begin to think that it is inconvenient to get such a big profit from such a large, illegal community. I hope that this news does not change the perspective of investors for every news and continues to support.they stop trying to prove that it is a ponzi or a fraud

[ahiaba.john@yahoo.com]

Is not all about media is negative about bitcoin but people, government or an organization sponsored media to say negative thing about bitcoin. Many Government in the world are not very satisfied with decentralized cryptocurrency because with time Government will not be so much relevant.

[Momoamzad]

Media's job is to publishing news . whatever the news is. They just need famousity . so they try to find out controversial news . so bitcoin is most controversial subject now a days.  So they publish about it . sometime negative some time positive. Negativity publish helps them to create controversy and make them popular as well. I think that's why.

[Bacotan Bae]

Almost all media from electronics, TV, newspapers, magazines and online media are always dominated by negative news about bitcoin, the impact is now felt as bitcoin prices continue to fall as many users are panicking with the negative news.

[bitcoinbot]

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.

[webosftw]

You must have heard the proverb "Half Knowledge is dangerous", the same proverb applies to the media these days. Most of the journalists have absolutely no clue about the market and they just try to scare the people off. Also, a lot of people who weren't investing in bitcoin were hoping for the bubble to burst, and they did send a wave of negative vibes across the internet.

[clarkey2013]

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.