Coindesk & Cointelegraph give Fake News

[figmentofmyass]

i have seen your issues with Polo and i am not sure how that will end

#MeToo!
If it ends badly for me, my only hope is that it will end badly for Poloniex too.
At the very least, their reputation is now quite terrible among traders, and I'm very happy with that.

sadly, their behavior around the margin default scandal is a sign that they don't see a bright future either. they're in cost-cutting mode, desperately trying to remain profitable. they obviously don't see optics and market share as a priority anymore. they are solidifying their reputation as a lower tier exchange.

i wouldn't be surprised if circle ends up selling poloniex off as dead weight. knowing their timing, they'll probably do it right before the next altcoin bubble too.

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[anoufal]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

[Carlton Banks]

I'll keep on reading The economist. I don't always agree with what they're saying, but I know that at the very least, the journalists there, have done some research before writing.

The Economist is majority owned by the multi-billion euro Schroeder financial group (and the corresponding family dynasty that's controlled Schroeders for over a century).

Make of that what you will. The Economist also has various unsavoury minority owners.


Here's what I make of it: The Economist is arguably the best crafted propaganda out there, bar none. And that's because so much of the content is so well researched and well written, especially the parts that are subtly against the interests of it's readers.

[kryptqnick]

This is worrying because investors need good information and 2 leading crypto websites aren't delivering. I guess they don't have any journalists. They receive press releases, they send them to a guy in Asia (they probably found him on Fiverr?) to rewrite it somehow, and they publish it without understanding anything.

This is exactly what they did in the following 2 articles:

https://www.coindesk.com/crypto-traders-who-lost-big-in-poloniex-flash-crash-receive-bitcoin-refunds

https://cointelegraph.com/news/poloniex-will-reimburse-135-million-loss-from-clams-flash-crash

I'm a victim here. I've lost more than one BTC in this 1,800 BTC affair, which I explain in this topic.

Coindesk and Cointelegraph are both saying I will get my money back, but I won't, nor will anyone. It's 100% fake news, and Poloniex knows it very well. That's his plan.

What Poloniex has been announcing is that to all people who have had their money stolen, Poloniex offers all trading fees. That sounds like a nice gesture, except that trading fees for a maker is 0.15% at this exchange. As anyone can imagine, to get 1,800 BTC back from a 0.15% fee, that will take a lot of trading... And actually, no trading will happen. Because, as everybody affected, when I discovered that my coins were gone, I quickly withdrew what was left of it. Hey, when you see that your coins disappear, you don't leave them at an exchange you cannot trust!

So Poloniex won't have anything to pay, and that's what Coindesk and Cointelegraph should have they have said, if they had understood anything about the issue, or if they had any will to give good information to their readers.

I am not sure it counts as fake news, since the articles are not talking about the intentions of the exchange, and these intentions were expressed by Polo, right? I am sorry if you won't receive an adequate compensation for your loss. Unfortunately, Poloniex is not Binance (the latter paid full compensation to users after the recent hack, right?).
You are right about the general problem with news portals. Everyone is biased and dependent on the sources that finance it. So in any case we must be critical about the things we read.

[virasog]

they are not the guilty about this error

Yes, they are. News magazines are supposed to give verified news, otherwise they're worthless.

Many people say that the coindesk and cointelegraph news are not real and most of them are paid news.  Yes they are right but what other options do we have ?
When it comes to the Crypto news, there are not many magazines or news sites which are popular among the people. The most popular ones (coindesk / cointelegraph) are now making money by the paid advertisements and news.

[barbara44]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

So instead of staying away from them, I will basically just verify every news that I hear or see on their site. Most social media are not reliable when it comes to news, because if we are to abstain from fake news, then we will be abstaining from thousands of news media that we have. The most important aspect of any news that we see or hear is just to verify them before we act on them , and not only news but people’s opinion generally.

[countryfree]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

It takes too much time to find out what's real and what's fake...
As I've said before, Cointelegraph is better, they published another article, so if you really have to, read just this one.

[pjcaruci]

It takes too much time to find out what's real and what's fake...
As I've said before, Cointelegraph is better, they published another article, so if you really have to, read just this one.

I agree with you about Cointelegraph. To date, there is simply no time to waste time to find out whether the news is true or false, so you need to have an inner feeling-falsemeter

[lixer]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

It takes too much time to find out what's real and what's fake...
As I've said before, Cointelegraph is better, they published another article, so if you really have to, read just this one.

No one is really perfect After all, even the poster of this article, I am also sure that he would have had some series of news that he has posted too without verifying it, what I just see in people is that they are very lazy, and most of these media platform wants to be the first to carry such news which is why they don’t usually verify the news first and it is wrong, but there are still some news that would have element of truth in it.

I just don’t ignore all the news or would ignore all the news because someone said so, what I would just advise people to do is to try as much as people to published verified news, most especially all those media we rely on, and we also have our own role to play too to verify the authenticity before we believe it or spread same to the world.

[countryfree]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

even the poster of this article, I am also sure that he would have had some series of news that he has posted too without verifying it,

No, I've never done that.
You may check all my previous posts.

[dunfida]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

It takes too much time to find out what's real and what's fake...
As I've said before, Cointelegraph is better, they published another article, so if you really have to, read just this one.

This is actually true no matter how we do believe that these news outlets are like that we cant really totally neglect them yet they are still being used and trusted when it comes to news source of this crypto market.It might have have issues on posting up fake ones but we cant deny the fact that they are somehow usable and a good place to look on when we do seek informations and some updates.As a reader we should really be keen on verifying everything that we do read up.

[Questat]

Unfortunately, these two resources are teeming with fake news, so I try not to read them

If I were you, I would not completely stay away from them , because sometimes, out of every news they carry which we could call rumor, there might be element of truth in it, and I would not want to believe that the only news they carry often more are negative news, I think that they also do carry some news that are real.

It takes too much time to find out what's real and what's fake...
As I've said before, Cointelegraph is better, they published another article, so if you really have to, read just this one.

This is actually true no matter how we do believe that these news outlets are like that we cant really totally neglect them yet they are still being used and trusted when it comes to news source of this crypto market.It might have have issues on posting up fake ones but we cant deny the fact that they are somehow usable and a good place to look on when we do seek informations and some updates.As a reader we should really be keen on verifying everything that we do read up.

Cause nobody expects for such unreliable news, they didn't make this before but things have changed and might because of money matters involve. We don't want to accuse them but what they are doing right now it something could change their reputation and leaving them some doubts about their capability. Either people consider it as an error or it is their intention to make it.

[Dr.Osh]

both of these sites are media, they may only make news based on what they hear, and however, we know that there is enough untrustworthy news without finding out its origin. personally, I also often read, even share price analysis news from there. although not all of it is true, but coindesk and cointelegraph provides information that is quite interesting, and useful.

Well, in this case, if Polonix doesn't do what the news says, I think it's the author's responsibility to write the wrong information.

[stomachgrowls]

Why is this news site publishing fake news? For example, I searched for information about "Cointelegraph" and found a review and information that it is one of the leading independent media resources for cryptocurrency news.
So what's the point of such an independent giant posting fake news?

First, you should be careful on bumping or do necroposting stuff into this forum yet its already a violation.This thread is almost a year inactive and be sure not to do this on next time or
else you would really be on trouble on necrobumping old threads.

Second,The link given doesnt have url inside it thats why it do shows error.

Third, Fake news? Its not that surprising yet these media outlets can give out fake news or even non sense stuff just for them to had some news to publish.This is why when you are a type of person
whom do trust up these media outlets then think twice.

I do not trust those news channels fully. I think they only make news about they got information from their source. Maybe they won't justify that news before publishing it. It's very common on the news channel. But this kind of unexpected news can cause panic to the markets and that can lead into price dump of cryptocurrency. And some people also don't want to justify that news they just act as they heard.

Market is highly reactive to news and this is why we should really be careful and verify things first before you do make such action.

[Kelvinid]

Really disappointing to hear how they've tried to trick readers that thinks that they are reliable to read and have a good source of information. It somehow a lesson for everyone not to rely upon the news published online but ourselves to assess if that is true or not. It is not because we feel comfortable and think it is legit news but sometimes we need to understand it carefully.

It can't deny that there were also committing mistakes and there is some manipulation out there. If this claim is right, how the people will think about the other news that has been published already? They are making themselves unworthy of our trust.

[DoubleEdgeEX]

This is not the first time I've met people who lose money due to crypto media publications. It annoys me especially when FUD is published, and I also hate bitcoin predictions. Many people believe this without even suspecting that this is a lie or unverified information.

I absolutely second that! Especially some Youtube channels post totally crappy FUD and FOMO on coins that are worth nothing but they push it for the sake of getting views and receiving Youtube Ads income. The whole predictions thing is also questionable, I mean we have decades of market data for stocks and forex but just a few years of crypto. It´s impossible to be totally accurate here, it´s just a huge guessing game

[slaman29]

Thanks for clarifying, you should contact those journalists and ask them to write the truth as you said (providing evidence from Poloniex emails or whatever). I don't think we can blame those writers though. They can only report what was said from public knowledge, or they were simply paid to publish those PRs (I'm sure it's this one that happened).

[AakZaki]

some published news has controversy because it is not necessarily true. this is the FUD which they deliberately make to influence the market price according to their desired interests. Many media outlets are managed by elite players for their own sake. do not easily believe the news in the media, correct it first and look for other information. False information or FUD has a negative impact on the market.

[ReiMomo]

some published news has controversy because it is not necessarily true. this is the FUD which they deliberately make to influence the market price according to their desired interests. Many media outlets are managed by elite players for their own sake. do not easily believe the news in the media, correct it first and look for other information. False information or FUD has a negative impact on the market.

That is possible.

This could possibly be one of the reasons if Coindesk & Cointelegraph comes to the point where their post could be skeptical. On the other hand, we have so many talents here in this forum that can study the information before it will be published. And it is very disappointing, because if an investor would like to make some money from a new offer and somebody says should you do some research on Coindesk or Cointelegraph if is good to invest and now it turns that little by a little individual will toss red flags.

Thanks for sharing anyway!