Media tries a little too hard to...

[ETHenthusiast]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html

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[o_e_l_e_o]

The article is about a report that was commissioned by dozens of the world's biggest banks. Of course it's going to say Bitcoin is worthless/a scam/a ponzi/a bubble/whatever. They are protecting theiriwn self interests.

I can Google for 100 articles written by flat Earthers that say NASA is a scam. Doesn't make it true.

[domasal]

Most mainstream journalists don't have a clue what crypto is so they are going to demonise it and discourage others from investing. Ignore the fud, just follow the bitcoin experts instead

[wizmo]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html

I think it won't affect the bitcoin price in anyway. People will start investing in bitcoin again when the price starts rising. I have seen countless time TV news creating fud even my local newspapers trying to creat fud but I think it's normal people will eventually find out about the blockchain technology and it's profitability. 

[darkangel11]

Most mainstream journalists don't have a clue what crypto is so they are going to demonise it and discourage others from investing. Ignore the fud, just follow the bitcoin experts instead

Sometimes they are being paid to do so. There's a lot of different approaches to crypto from enthusiastic to full of hate, we can't do much about it. They will eventually make fools of themselves like the Polish government that paid youtubers to defame cryptocurrencies. Just sit and wait, they can't win by making things up. The truth will always resurface and kick them in the ass.

[ETHenthusiast]

Most mainstream journalists don't have a clue what crypto is so they are going to demonise it and discourage others from investing. Ignore the fud, just follow the bitcoin experts instead

Can't agree more: the level of ignorance is sometimes just appalling, I've seen some "reports" that show such low level of knowledge it's not even funny.
What I'm concerned about tis that general public still happens to trust these guys who show up on the screen and spread some inaccurate (to say the least) info. Doing my own share to spread the unbiased info via my own social media, but I'm not sure if that's enough.

[Yeahnoh]

Yes! Relentless attempts at frightening people away  so annoying, please leave us be. It's all lies anyways and the few times it's not its just blowing things out of proportion, sometimes they just choose to show the bad news instead of the good, what happened to neutral media 

[pretfeestje]

Nothing new to be honest, just the media being the governments puppets as usual. Trying to demonise crypto currency because they don't want people to be free. Media has always been used as a means to control and influence the masses but they won't succeed here, I'm sure that crypto will succeed in the end, the banks and the government can't prevent it, it is only a matter of time until the day comes where there will be more crypto users 

[ETHenthusiast]

Most mainstream journalists don't have a clue what crypto is so they are going to demonise it and discourage others from investing. Ignore the fud, just follow the bitcoin experts instead

Sometimes they are being paid to do so. There's a lot of different approaches to crypto from enthusiastic to full of hate, we can't do much about it. They will eventually make fools of themselves like the Polish government that paid youtubers to defame cryptocurrencies. Just sit and wait, they can't win by making things up. The truth will always resurface and kick them in the ass.

I guess that's one approach - to wait. But it just makes me a little angry, their ignorance is getting in the way, and affects our community adversely.

[JessAnd]

Nothing new to be honest, just the media being the governments puppets as usual. Trying to demonise crypto currency because they don't want people to be free. Media has always been used as a means to control and influence the masses but they won't succeed here, I'm sure that crypto will succeed in the end, the banks and the government can't prevent it, it is only a matter of time until the day comes where there will be more crypto users 

They can't control the internet, that's why this is just a perfect ecosystem for the forward thinkers.
Thanks for sharing btw, in my line of work this kind of info is very useful.

[DenCho?]

I think they (Banks) are a bit scared, but don't want to show it. They will tell people different types of disgusting lie about crypto world to save their status and it is in our hands to show the truth to people around us. It will be long and hard way to mass adoption. In 1980s Internet was said not for pictures and videos and now The same with blockchain.

I think you are right that nearest 1-2 month are perfect time to jump in Future is here and now it is not very expensive!

[aardvark15]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html

The media is pretty much all over the place in their reporting and price speculation of cryptocurrencies. They tend to lean toward the negative even when things are going well.

I have learned to mostly disregard the regular media because they don’t fully understand cryptocurrencies. I’ll pay more attention to the ones that do this everyday and can provide some useful information.

[Mpamaegbu]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

I am not even talking about the article. But dude, for real, if you still haven't bought into Bitcoin by now that means you too are indirectly a part of the Mafia media you criticize. How can you believe in something and still not buy into it. As for the media, I don't see anything shakeable they are doing. Those writing against bitcoin are mere bank puppets paid to do the yeoman job. That's all.

[criptoturk]

The banking world has always been against cryptocurrency because of their own benefts and interests. So this article is prepared by the banking sector and  they always criticizes cryptocurrency negatively. According to them of course Bitcoin can be scam. But despite all the criticism, I think the banking sector and their services will cover the cryptocurrencies in the near future.

[braZZers123]

The media recently published not very good news for the crypto world, and this is most likely specifically that the rate would fall even further, and there was a good time to enter.

[asabed256]

The best thing we can do is to ignore these negative news and focus on advertising bitcoin and the blockchain technology in our own way. We can tweet good news, share posts on Facebook, twitter and other media outlets as though we were doing bounties. Every little effort will help bring bitcoin in the spotlight for very good reasons.

[ambisyon]

Yes, there are certain media that are damaging the credibility of bitcoin and affecting it's market growth. This anyhow made people to believe that bitcoin is a ponzi scheme which I think the people should verify to themselves how true is what media was trying to portray.  I personally  believe that all the bad thoughts about bitcoin were all FUD and not true. People should not listen to fake news and continue to believe in bitcoin as this will be back on track soon.

[peter0425]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html

Lol. Media has been so biased against bitcoin. You should look at the 2016 and early 2017 articles and you will find a lot of them attacking bitcoin and saying that its really just a tool for criminals. I don't know if zerohedge though is still publishing negative news about bitcoin, but during the last couple of years, they are really putting a lot of crap and picturing bitcoin in a negative way. Some may argue that they are a more of a gold influencer, but I don't like the idea though of putting bitcoin is the bad spot. Again, this will not go away because bitcoin is slowly gaining a lot of attention and media just want to get a hands on every bitcoin news and will try to spin it for them to look like a clickbait. So just be careful, because not everything we read in the media right now is so true.

[KingScorpio]

...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html

seriously who the hell still watches cnn?

mainly old people do.

of course the banksters are active there to protect their banking cartel, and keep their money earning cattle together that enriches them privately with billion and trillions

[r32godzilla]

Just bankers and financial firms pay media to spread false information about bitcoin.