Was the cryptocurrency world wrong to trust big media/big investors?

[paramind22]

It seems that before big media and big investors got involved in cryptocurrency, things were much better.  Then came along these fake ICOs that were completely different than coins like NameCoin, Steem, Syscoin, Bitbean, and all these other beautiful creations with great teams.  The fake ICO's diluted not only the public sentiment, people who were just getting involved and got burned, but many long term players.  Now we wait for the floor to rise on the good real old altcoins, and with the Fake Coins and Fake Support (big media/big investors) nothing is happening with the real ones.

[Nicolaus Copernicus]

Crypto space is evolving day by day, and when a market so big comes into reality, there is some giant whale who enters the market with their vast wealth in the belly and tries to influence in the market value by doing pumps and dumps for benefiting themselves. This will happen, it is usual. But these investors also made crypto space more evolved that helped.

[Findingnemo]

It seems that before big media and big investors got involved in cryptocurrency, things were much better.  Then came along these fake ICOs that were completely different than coins like NameCoin, Steem, Syscoin, Bitbean, and all these other beautiful creations with great teams.  The fake ICO's diluted not only the public sentiment, people who were just getting involved and got burned, but many long term players.  Now we wait for the floor to rise on the good real old altcoins, and with the Fake Coins and Fake Support (big media/big investors) nothing is happening with the real ones.

For that people eed to improve their knowledge about crypto currencies in finding out the real usage of that coin which get worth or not in future then this will help a lot to avoid the useless ICOs and fake ICOs then the coins with good teams will get succeed.But they need to have patience even the bitcoin has seen tough sitations so getting success is not a easy task.

[Indrawan77]

Its a two side of coin, although media and big investors make the market into chaotic situation, but they are also the one that make crypto become famous and make a lot of money flow in crypto market, and I think they make the market into more interesting place, but we should be able choose which news and which project to trust, if we want to make bitcoin into a huge currency we need the media

[MetalCoinMTC]

I don’t think so. I think crypto is expanding day by day. Big media and inverstor already involve here so industry will expand more. Because of this many people now found interest to see this so we found so difficulties. Hopefully it will solve soon.

[covfefe_]

Large investors and media got interested in it when they saw bitcoin making stellar growth in price.
It's just the last year when every traditional hedge funds and traditional media jumped into bitcoin making its value unhealthy.
$7K at current time is the exact value of bitcoin.

[BitcoinHodler]

from what i see, nothing has really changed. before we had rarely good coins and lots of shitcoins and now we still have rarely good coins and lots of shitcoins. the only thing that has changed is that creating useless coins has become much easier with introduction of ICOs and they are scamming people a lot easier now by asking for money through ICO before they had to premine their shitcoin to get a lot of free money, now they are getting it for free but much easier and a lot more.

[ambisyon]

People should not easily trust for an ICO that is fully backed up by media and some great advertisements since these are just part of their strategy to invite there investors. People should be aware that there are really scam ICO's working in the crypto market that looks like to be a trusted ICO, but later it will vanished like a bubble. Therefore, as an investor of an ICO, just do the research and investigation to ensure that the ICO where you put your investment is a legitimate one.

[waser12]

Unfortunately we can not do anything. That's why restrictions and regulations should appear on the market.

[SnodGrass74]

I don't think the crypto world ever trusted these big names or big investors rather I would say they haven't done anything spectacular to be trusted. Otherwise big names investing on market would have drawn a lot of small and short term investor just by following their footsteps. Sadly, that hasn't been the case.

[Ctn]

How true it is! 100%. There was really good time before when such volatility was not usual thing because bitcoin used to be stable for longer periods than what we see today. I have seen market where there used to be less or no bad news at all and when the market used to be perfect one. You never had to worry which government will ban the crypto currencies neither you will have to worry about the market crash due to hacks. Now there comes the news media channels who has taken step forward to rise their TRP by using crypto currencies. They give different analysis every time we switch on the TV and manipulate the market indirectly. Its true that things have changed in terms of how market behaves.

[boutiquecrypto]

it's due to the rapidly growing Crypto market now. making many irresponsible people gain profit with opportunities. so we must always be careful with new ICOs.

[tailor.and]

The big investors or the media have benefited as well as coming in to crypto, as well as being harmed. Here lies started falsehood. A trickster is trying to deceive people by creating fake coins. I think the crypto will return to its previous place and ensure security.

[Camus]

The big investors or the media have benefited as well as coming in to crypto, as well as being harmed. Here lies started falsehood. A trickster is trying to deceive people by creating fake coins. I think the crypto will return to its previous place and ensure security.

People need to see the results of cryptocurrency projects. So far, this is all a utopian sphere, where enthusiasts work for some incomprehensible wrappers, the price of which is formed in a mysterious way.

[cryptonx]

Unfortunately we can not do anything. That's why restrictions and regulations should appear on the market.

you can help by create a new hype in crypto world by spread the word about cryptocurrencies to all your friends
tell them about the advantages of cryptocurrencies,, this will create new demands in crypto industry,,

[DarkBullet]

Your are right, what happening in cryptocyrrency nowadays is completely different than last year's performance. There are countless fake ICO coming out everyday and using the medias to get an investors. The media don't even care if they are advertesing a scam ICO as long as they are being paid accordingly.

[mbally]

It seems that before big media and big investors got involved in cryptocurrency, things were much better.  Then came along these fake ICOs that were completely different than coins like NameCoin, Steem, Syscoin, Bitbean, and all these other beautiful creations with great teams.  The fake ICO's diluted not only the public sentiment, people who were just getting involved and got burned, but many long term players.  Now we wait for the floor to rise on the good real old altcoins, and with the Fake Coins and Fake Support (big media/big investors) nothing is happening with the real ones.

I believe with time, the good coins will be separated from the bad coins and by then most of these bad, media hype coins will go to zero and good coins will see the light of the day because of the general usage and adoption.

[Invest-or]

It seems that before big media and big investors got involved in cryptocurrency, things were much better.  Then came along these fake ICOs that were completely different than coins like NameCoin, Steem, Syscoin, Bitbean, and all these other beautiful creations with great teams.  The fake ICO's diluted not only the public sentiment, people who were just getting involved and got burned, but many long term players.  Now we wait for the floor to rise on the good real old altcoins, and with the Fake Coins and Fake Support (big media/big investors) nothing is happening with the real ones.

The big investors are NOT even close to getting into crypto, with just a few exceptions that are mostly self-made businessmen that invest their own capital without having to ask anyone.

[angelfaria]

I do not agree with this statement. The coming of big investors has made the market more concrete, big and popular. Fraud is getting done by the bad people but investors need to be very careful when investing. Try to invest in a reputed and reliable coin bitcoin.

[frowsiter]

Oh yeah they suck a lot. 

Whenever it comes to the news channels, financial advisors or even rich stupid then they will try to represent the bitcoin as bad ass and they will even suggest you not to invest in these kinds of currencies. They will put pressure on the investors by telling them that bitcoin might dump itself or XYZ currency might get dumped soon because of ABC reasons and stuff like that. The reality is completely different and there speculations are just for showing off the news and nothing else. I guess yes, they have made the crypto very much manipulative that anyone else.