Bitcoins bad publicity?

[yenivera]

no good or bad advertisement. advertisement is advertisement.

Somehow these ads are a good thing for btc.

Long period,  this ads help BTC price

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[seramania]

Banks and the government will always release negative statements about Bitcoin and it has been happening for years because they always see it as a threat. However, Bitcoin has been proving that these negative impressions are wrong and it's even attracting more investors. After all, publicity is still publicity and no matter how they ruin the name of Bitcoin, it even becoming more popular because of its huge potential.

as in some countries that were initially against bitcoin, now begin to understand the meaning of bitcoin is not a threat. I think it's only an issue if bitcoin causes harm to the economy. that is not true and it must be corrected the negative issue

[Yatsan]

It is not already new for people to have many opinions about Bitcoin which can either be good or bad and also other institutions putting a hot eye always checking up into the current status happening into the price of Bitcoin. Everyone is entitled to state their opinion for it is up to the person listening if he will accept what he have heard or ignore such and rather decide on his own depending on what he knows and what he is literally saying.

no good or bad advertisement. advertisement is advertisement.

Somehow these ads are a good thing for btc.

Long period,  this ads help BTC price

Good and Bad ads will only bring interest to those who don't know yet about this investment opportunity. People who received or read this ads will be aware of this system.

This is exactly a good point. Good and bad ads will only contain people to get attracted what is really up with the issue due to curious minds they have and now it is up to them to judge whether the statement they have heard is true or not. Bad publicity ever since become still a good publicity for Bitcoin because people are getting curious to know more about it that in fact some recognizes the reality and have already engaged into it.

[KennyR]

Banks and large scale institutions have begun to show much interest on bitcoin. As a result already we've got more number of banks to adopt the blockchain technology into the banking operations. Till date the network have grown slowly, and there is no form of advertising for bitcoin.

Everything has happened through word of mouth spreading. Bitcoin had got bad publicity from users who haven't got the right understanding about the market and the risks associated with it. Just because they've lost to some scammers they try to indicate bitcoin as the reason for the same.

[Latviand]

No coin bankers can introduce today that will have competition with bitcoin or challenges bitcoin, because looking at whatever they mentioned as alternative coin, is very obvious that it will be centralized because government will have control over it while bitcoin will still remain decentralized currency, and looking at it, it's not a fresh or a new news because government right from time has negative agenda towards bitcoin from the looks of their things.

They will still choose bitcoin due to its decentralized nature and people will not settle on owning a centralized currency.

That's the reason why people are investing on bitcoin because they want financial freedom and independence when making transactions with bitcoin.

It is hard to trust the government because there's always a negative agenda and corrupt activities that will exist if they make that possible shitcoin that they will produce. The humanity and crypto community deserves better we need to evolve, develop, and adjust in supporting a digital currency that will really help us.

Also the public should know that bitcoin really have a good advantage and potential on helping investors to grow and become successful.

[uneng]

This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' - 

Looks like they are out of creativity, because this kind of statement is being repeated for so long already... The truth is that bitcoin is doing very well, always recovering after deep corrections and coming back stronger and stronger... Maybe are we facing an unprecedented phenomenon never seen before in financial world, at least in practice?

I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

Yes, a probable crypto currency developed by banks won't be popular like bitcoin. They just want to benefit from blockchain technology like all these crypto currencies we see since years ago are doing so far, that is all.

[goldade]

This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' -  I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

I have lost count of the number of times negative statements like this have been made by banks and governments concerning bitcoin. We all know this is actually because bitcoin is out of their control.
I, however, believe that this statement is not as as negative as it seems. You should know that bitcoin has gotten to the stage that any publicity, even bad ones, is good publicity. It doesn't matter what you say about Bitcoin, those who are truly interested will take time out to find out what and how it works.
Concerning banks creating their own coins to compete with bitcoin, well, we can only say, let them create it. Many of these altcoins were created with that same purpose only to realize it's not achievable. Bitcoin is and will remain the best coin.

[cabron]

This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' -  I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?

I have lost count of the number of times negative statements like this have been made by banks and governments concerning bitcoin. We all know this is actually because bitcoin is out of their control.
I, however, believe that this statement is not as as negative as it seems. You should know that bitcoin has gotten to the stage that any publicity, even bad ones, is good publicity. It doesn't matter what you say about Bitcoin, those who are truly interested will take time out to find out what and how it works.
Concerning banks creating their own coins to compete with bitcoin, well, we can only say, let them create it. Many of these altcoins were created with that same purpose only to realize it's not achievable. Bitcoin is and will remain the best coin.

If there is anything good that I can only read about crypto from the banks is that they are trying to use blockchain the rest it's all negative to cryptocurrency particularly to BTC.  All altcoins has the tendency to compete with BTC though. If banks will try to compete by creating their own coin, let them try. There is nothing wrong to it but we all know the result soon.

[kentrolla]

Banks and large scale institutions have begun to show much interest on bitcoin. As a result already we've got more number of banks to adopt the blockchain technology into the banking operations. Till date the network have grown slowly, and there is no form of advertising for bitcoin.

Everything has happened through word of mouth spreading. Bitcoin had got bad publicity from users who haven't got the right understanding about the market and the risks associated with it. Just because they've lost to some scammers they try to indicate bitcoin as the reason for the same.

I don't trust these characters I mean banks, institutions and big whales because all these people will load money in btc as much as they can so that the price may go up when the price goes to the extreme level they will start to sell in bulk then price will automatically go down if it gradually start to fall small investors sell it in panic and again there guys will start buying again, they know how to pump and dump as well that's how big players turn the market.

[emmybd]

As the price of bitcoin is increasing day by day, so it is getting a lot of attention and some negative publicity. Most governments don't like bitcoin as a currency. Because governments or financial authorities can't control bitcoin. In most of the countries bitcoin is banned by its government.
Thesedays, there has been a lot of criticism of bitcoin from all quarters.
Ripple's CEO attacked bitcoin. They claimed that bitcoin is one of the slowest transaction systems. The Bank Of America warned that bitcoin is going to be a giant bubble. China claimed that the bitcoin system has no advantages. They are just publishing false advantages and making people fool. It is also said that people will trust bitcoin and one day their trust will burst. Peter Thiel said that bitcoin may support financial services but it will not rise too much as expected by people. Bitcoin will lose its importance eventually. Other currencies will overshadow bitcoin.

[kramat]

Bitcoin is not a bad publicity. Bitcoin is future currency's. It any time to change the world. So people hold the bitcoins for future. More information in the bitcoins and it connects the all country people. So easy to communicate with other's and learn more information. Publicity is important of the bitcoins.