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Author Topic: mistakes the media makes  (Read 1597 times)
TheFootMan
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August 18, 2014, 01:51:53 PM
 #21

Look at this one. It's in the "news" today.

Source: http://guardianlv.com
Quote
Bitcoin, a crypto-currency, relies on stock holders and currency exchanges for expansion, one keeping the other from price falls that halt growth to the market.
WTF?
So, how much bitcoin stock do you own?  Cheesy

What does this tell us? That journalists continually speak about things they do not know. Just imagine how misinformed we are very often in subjects we know absolutely zero about, the only good thing about bitcoin mistakes in the media is that we can easily spot it and laugh.
blatchcorn
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August 18, 2014, 01:57:05 PM
 #22

Some of the mistakes that still crop up in bitcoin news reports are incredible.

a 1.4 acre site near Lake Tahoe in California has been sold in exchange of 1.6 million bitcoins.  Shocked The transaction marks one among the latest series of real estate deals, but has set a record in terms of its price, where the bitcoins were priced at 2,739.   Huh

For journalism, that was pretty accurate. After all, getting those articles out there, that's the most important thing. Only nerds care about content, and heck, give them some slack, the numbers could've been off much more!

Journalists today will do and say whatever makes the headlines look better today.

It just shows that there was 0 research made before they posted their article.
Lets pretend for a second that the claimed price of bitcoins is the future price of btc, like in 2 months Smiley
Sounds more likely that is was just a typo - occam's razor right?
Poolie
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August 18, 2014, 02:02:49 PM
 #23

The greatest mistake the media makes is they just don't understand it. They'll come around eventually.
Dogtanian
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August 18, 2014, 02:03:56 PM
 #24

The general ignorance of the media is quite annoying especially when the public just believe it without questioning. The whole bitcoin is a ponzi or isn't backed by anything therefore it isn't worth anything is frustrating too.
valerian253
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August 18, 2014, 06:18:48 PM
 #25

Unfortunately, an information vacuum is easily filled with negativity. And, let's face it, there's not much being down to provide a "fair-and-balanced" view of bitcoin.

That's why I took it upon myself to make "Bitcoin: Buenos Aires"…real people using this technology to solve real problems. Help us spread the word!

Join our bitcoin movie crowdfunding campaign!
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