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Author Topic: Why Media is negative about Bitcoin?  (Read 2061 times)
Joseph cristian
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May 21, 2018, 04:18:00 AM
 #81

The negative media view of bitcoin by several things include:
As the virtual currency of Bitcoin is considered a negative thing, because any of its financial transactions can not be traced to facilitate crime. Drug trafficking, prostitution, terrorism, money laundering, tax evasion and other illegal and subversive activities all benefit from the ability to move money in ways that can not be traced.
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De Suga09
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May 21, 2018, 04:30:13 AM
 #82

Why Media is negative about Bitcoin?
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.
Do you see that, dont you?

Another disadvantage of media, one sided and biased. Media tends to always report the negative side of every story, because I think that is more interesting to them. Also, many media personnel or even reporters does not believe in the advantages of bitcoin so they report news that are against it.
Helex
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May 21, 2018, 04:33:12 AM
 #83

I have seen that Media is always trying to cause FUD, may be they are trying to buy cryptos cheap? I don't know.
Gyromancer
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May 21, 2018, 04:34:31 AM
 #84

Not all media preach negative about bitcoin. A good thing about bitcoin was also reported. I've heard and seen it. Maybe when there is a weakness of bitcoin then preached, it will make the news viral and the media will get a high rating. With a high rating, it will be a great advantage for the media. In addition, the media is also regulated by the government. So if you want to get permission then the media is not allowed to against the government. If the media in country A that supports bitcoin will be more positive news about bitcoin than negative news. But if media in a country that forbids bitcoin then the media must follow to preach more negative things about bitcoin. In my opinion, it's only politics.

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May 21, 2018, 04:37:33 AM
 #85

I think that the reason media always gives negative things about bitcoin through news is because of money. And from what I've watched from a video that they know how our mind works. We continuously search for negative / bad happenings in our surroundings. Negative news will make us hooked in the television and that's how they end up earning money.
diodorako
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May 21, 2018, 04:39:43 AM
 #86

Media have working together with government to make bitcoin is negative by giving bad news and bad reputation of bitcoin for the public. All media channel around the world always give bad news and negative about bitcoin, they want to make investors are afraid with bitcoin. they have try to make an investor keep and run away from bitcoin investment, truely bitcoin is not all their information and bitcoin could take best for our future and giving much profit.

This is very much possible, many governments saw that they can not stop bitcoin transactions completely even after banning. So they might be spreading negative news about it so that people do not invest in it.
zarados
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May 21, 2018, 04:41:38 AM
 #87

actually not all media that show a negative thing about cryptocurrency especially bitcoin. It's just that the most prominent news is negative. Understand it, this technology is still a speculation, so reasonable if people will be hooked with negative news and can also be a trigger in decision making. Nor can we hinder the media in doing so because that's how they get money.
dogz12
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May 21, 2018, 04:42:25 AM
 #88

Why Media is negative about Bitcoin?
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.
Do you see that, dont you?
Media outlets are owned and controlled by rich people who, at the same time, owns big banks from around the world. They are using media to spread negative news about bitcoin to kill it because bitcoin is a competition for them.
Daisy Smith
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May 21, 2018, 04:44:26 AM
 #89

I don't think media is negative about bitcoin, it just provide the current status of bitcoin market.
tungaqhd
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May 21, 2018, 04:45:27 AM
 #90

Why Media is negative about Bitcoin?
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.
Do you see that, dont you?
I think because the government want to kill bitcoin and cryptocurrency. By giving negative news about bitcoin, they can prevent new people from investing in bitcoin.
bramovick
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May 21, 2018, 04:47:56 AM
 #91

now there are some social media forbidding bitcoin to be made an advertisement but the media is still not able to close the bitcoin fish because they are very difficult to do because they also want to reap the benefits of these ads and this is the cause of bitcoin cendurung up and down.
thrylos
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May 21, 2018, 04:59:46 AM
 #92

In my own understanding the reason why they are doing this , is that they have other reasons. Think about this, as a news casters their job
is to send news only and any action which is not relevant is not valid. So if they make it beyond this boundary it can not be said that they are still doing the right thing.
Thus, their negative view of bitcoin is likely to have caused them to do it and a bias.
darklus123
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May 21, 2018, 05:00:29 AM
 #93

Most people do not understand how bitcoin works, including the media. If you come to accept the benefits of bitcoin and how it is able to liberate people financially, you will begin to appreciate this invention. It is usual to see people oppose bitcoin; I bet paper money mist have faced similar problems on the verge of it's invention. People find it easy to embrace groundbreaking inventions especially when they feel uncomfortable to adjust. With time people will come to terms with bitcoin.

Indeed truly a lot of time or most of them really doesnt understand how bitcoin works. They were just basing reports on what people says but of course they will not go deeply to understand its process because they arent experts.

Yet we still have to accept the fact that bitcoin is really being used on the blackmarket and which is more secure for the criminals because they are untraceable
bstewart
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May 21, 2018, 05:03:06 AM
 #94

Most people do not understand how bitcoin works, including the media. If you come to accept the benefits of bitcoin and how it is able to liberate people financially, you will begin to appreciate this invention. It is usual to see people oppose bitcoin; I bet paper money mist have faced similar problems on the verge of it's invention. People find it easy to embrace groundbreaking inventions especially when they feel uncomfortable to adjust. With time people will come to terms with bitcoin.

Liberating people financially is not something that the media is willing to talk about. So it's no wonder why much of the attention has been negative or fake news.
coinholic
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May 21, 2018, 05:10:40 AM
 #95

Why Media is negative about Bitcoin?
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.
Do you see that, dont you?
The Media is controlled by the Illuminati. The Illuminati wants to control and manipulate the crypto market by trying to purchase majority of the supplies particularly that of Bitcoin. And so the Media will create some story or FUD's or fake news so that Bitcoin's price will crash giving the Illuminati the opportunity to purchase more BTC's at a lower price.

conanrien
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May 21, 2018, 05:19:38 AM
 #96

This is shockingly why bitcoin-related news occasions have truly been accounted for on in ways that range from obviously sentiment to unmitigatedly wrong. We’ve been light years ahead of the mainstream media—which still has its head stuck in the sand when it comes to cryptocurrencies. Actually the media has a vast power to make any thing right or wrong, But in the matter of bitcoin their character is suspicious.
randyjayag3
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May 21, 2018, 05:25:18 AM
 #97

Media always have an updated news of bitcoin scam, that's why media and many people think that bitcoin is always negative.
mdripon
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May 21, 2018, 06:35:51 AM
 #98

Why Media is negative about Bitcoin?
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.
Do you see that, dont you?
Present Bitcoin is making a big contribution to the currency market. So, some of the big investors have trouble, the media are mostly influenced by corporate corporate people.So the media negative comments about Bitcoin prompting big corporate people. Bitcoin media is negative because they get infos at Google and they do not know about blockchain technology.

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euodiasuryani
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May 21, 2018, 06:38:11 AM
 #99

Yes it is true and I also see it all and it is really true that the media often carry negative news about bitcoin without them understanding the true bitcoin and cryptocurrency, this is very bad.

Bitcoin has changed many ways, the impact not just transaction online but offline purpose. Maybe bitcoin will be last longer than that people think.
maslovp
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May 21, 2018, 06:39:12 AM
 #100

There can be involvement of government in this as well. They become weak if crypto becomes stronger so they might be instructing media to spread negative news.
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