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project_delta (OP)
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December 01, 2018, 01:25:33 PM
 #1

I have watched major news channel calling it out on anonymity and major price fluctuations after Ohio became first state to accept taxes in bitcoin. Finally, people are realizing cryptos, specifically bitcoin's worth. What do you think, are we ending 2018 on a good note?

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December 01, 2018, 02:31:27 PM
 #2

I have watched major news channel calling it out on anonymity and major price fluctuations after Ohio became first state to accept taxes in bitcoin. Finally, people are realizing cryptos, specifically bitcoin's worth. What do you think, are we ending 2018 on a good note?


Will be hard to end in a good note after the last month crash, you know how media works, if bitcoin goes down, then they will talk trash about it but if bitcoin goes up the is a natural wonder.

At the end let them talk about it, doesn't matter if they talk good or if they talk bad, just let them have Bitcoin in their mouths and minds.

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December 01, 2018, 02:41:34 PM
 #3

Anything concept, idea,ideology or technology that is not criticized means it is not important or relevant to people. I am impress by the criticism of bitcoin by media because it is gradually taking bitcoin to the mainstream.
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December 01, 2018, 02:46:48 PM
 #4

Yeah, I don't know if I like that kind of advertising a lot, last year for so much speculation and yellow news was created the huge December FOMO, they created that giant bubble that exploded over us and we're still feeling it, I think bitcoin's popularity should be growing, but gradually.
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December 01, 2018, 02:49:51 PM
 #5

Finally, people are realizing cryptos, specifically bitcoin's worth.

I really don't think so. Take a look at the news and social media alone, what do they usually cover? 90% of the time, it's one of these:

  • Experts say bitcoin will go to zero.
  • Bitcoin is dead.
  • Bitcoin is a scam, says expert.
  • Something something bitcoin and criminals.

It's really going to be difficult to get the typical person to get bullish into something that's full of bad news. It will take time. I personally think the people will slowly realize bitcoin's worth when financial crisis hits. Either that, or probably huge merchant adoption. I'm personally betting more on the former though.

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December 01, 2018, 02:52:57 PM
 #6

for regular investors 2018 is ending very bad a price is on a continuous dip, but hardcore investors will say this is a good ending as they can buy more in dirt cheap.
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December 01, 2018, 03:01:53 PM
 #7

there has always been a lot of good news all over the media. in fact 2018 is filled with them but the problem is that price was on a downtrend for most of 2018 and in this last month we also had a new manipulative dump that crashed it even further... all of that meant that the good news is overlooked all year long but it is still there.

There is a FOMO brewing...
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December 01, 2018, 03:07:13 PM
 #8

What do you think, are we ending 2018 on a good note?
We've always had the media covering bitcoin and cryptos so that's nothing new, sometimes we read articles spreading bitcoin obituaries and fud, sometimes we read bullish articles talking about how the price will shoot up very soon.

It's hard to say if we're ending the year on a good note, simply because the market sentiment is bearish and prices just keep going down, also, not everyone expected to see such low prices at the end of the year, I'd say the only ones who are pleased with how the year ended are those who were waiting to buy cheap btc to hold for the long-term.

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December 01, 2018, 03:26:37 PM
 #9

We've always had the media covering bitcoin and cryptos so that's nothing new

I don't agree. Until 2017 Bitcoin was presented like an exotic money-like thing for the geek's and mostly the hacks got coverage.
After that the optics have change, they talked about people's money in this and now the seem to acknowledge it as an investment vehicle.
So.. there are new things in this.

But I agree, the price couldn't care less about the news coverage. So whether we'll finish the year in a good or bad note, it will not be because of the news. The news will only tell what happened (or maybe speculate sometimes, but that's worthless talk, you know that).

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December 01, 2018, 03:35:58 PM
 #10

From it's onset ten years ago, governments using various tools have tried numerously to dissuade the public from getting involved in Bitcoin.
It has been called a bubble, a tool for scammers and terrorism, and lots of other names.

Having survived this long, it's encouraging that some of this nations have become very friendly to Bitcoin. And not all media houses publishes bad reports about it.

There are so many upcoming news, 2018 might yet finish on a high.
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December 01, 2018, 10:19:24 PM
 #11

It is ending on a good note if you don't look at the price. It is being more widely accepted and more widely known. This means the next bull run will involve more people and be bigger than the last

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December 01, 2018, 11:37:42 PM
 #12

Probably it is.

Though the journey for this hasn't been so good at least there's something good at the very end of this year. Mainstream media is bias, they are just using bitcoin to cover and add a content to their daily reporting so they are in both sides but most of it to the bad side when a wealthy person pays them to cover its bad side.



 

 

 

 

 

 


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December 01, 2018, 11:49:44 PM
 #13

Its possible that this is the case because some of the well known mainstream
financial institutions are warming to bitcoin through futures trading and ETF'S
for example.

R


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December 01, 2018, 11:50:08 PM
 #14

can you share the mainstream channel here?

in my opinion, when many people begin to realize the prospects of BTC, now and in the future, then this is good support.

but, on the other side, this year's BTC chart is worse, and many people are disappointed.

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December 02, 2018, 12:18:31 AM
 #15

I have watched major news channel calling it out on anonymity and major price fluctuations after Ohio became first state to accept taxes in bitcoin. Finally, people are realizing cryptos, specifically bitcoin's worth. What do you think, are we ending 2018 on a good note?


Hard to see if we are going to end 2018 on a positive note. As far as I know, we might see this bearish trend to continue although mainstream media is putting bitcoin on their news, it doesn't mean that we will see the negative sentiments suddenly turns into a bullish one.

Although hearing Ohio accepting bitcoin as form of payment and might even set a precedence it's not enough to push this market. We need news like the BAKKT bitcoin future offerings to pump fresh blood into the ecosystem, but since they postponed in for next year, perhaps we might see the market flat up to the end of 2018.

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yecats
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December 02, 2018, 07:03:54 AM
 #16

Well as  we can see the price of bitcoin today we  accept  it   as   a  bad end  year  on crypto world  Smiley  Media is always  been a part  Bitcoin   news  weather  good or bad  it's their options   Wink   
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December 02, 2018, 07:53:45 AM
 #17

Mainstream media is obsessed with the price and they think there is a direct correlation between Bitcoin's success and the price of a bitcoin.  Roll Eyes You cannot measure Bitcoin's success, based on the favorable views of one state <Ohio> in a global context. Bitcoin is spreading like cancer and modern medicine < government regulations & fud > can only slow it down, but it will continue spreading until it killed the fiat financial system and all these corrupt centralized services.

A lot of time and energy and money is thrown at Bitcoin to destroy it, but it just grows stronger and more resilient with each attack. Why?... because people with stronger motivation is supporting this experiment. <People who wants financial freedom>  Wink 

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December 02, 2018, 09:23:23 AM
 #18

It's no surprise for everyone regarding how the mainstream media works in connection wit bitcoin wherein it's their job either they spread the good and the bad news about it. But more often, these mainstream media are responsible for the fake news spreading FUD for the purpose in destabilization of bitcoin that cause market dips. However, I believe people are now more intelligent enough to distinguish the fake and the non fake news after they had been for a while in the crypto community.
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December 02, 2018, 10:14:14 AM
 #19

Any good information about Bitcoin is good information and brings cryptocurrency closer to the mainstream. Unfortunately, this is not enough to make people start trusting Bitcoin. After such large price drops, now people will very slowly regain confidence in cryptocurrencies. I think it will take up to about a year before prices return to a good level.
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December 02, 2018, 10:37:33 AM
 #20

I have watched major news channel calling it out on anonymity and major price fluctuations after Ohio became first state to accept taxes in bitcoin. Finally, people are realizing cryptos, specifically bitcoin's worth. What do you think, are we ending 2018 on a good note?


Bitcoin is in neutral for now, but again in time soon Bitcoin will rise again and any news and mainstream media would take Bitcoin seriously again.
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