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Author Topic: Is all the bad news actually good for us?  (Read 1695 times)
cafucafucafu (OP)
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February 18, 2015, 04:59:22 AM
 #1

Does it actually get people looking into bitcoin?

bcoinbilly
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February 18, 2015, 05:03:35 AM
 #2

The way the use the bad news I guess it is.
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February 18, 2015, 05:16:13 AM
 #3

Yes, more people get aware of BTC.

BUt of course too many bad news aren't good. At least for those who lost money, for example
cafucafucafu (OP)
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February 18, 2015, 05:17:47 AM
 #4

Recently I have seen more good news in the media than expected. I don't know if this is a case of the pigeons coming home to roost (i.e. these stories were planned long ago) or a reaction to the bad news (i.e. journalists looking into btc).


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February 18, 2015, 06:04:53 AM
 #5

Yes, more people get aware of BTC.

BUt of course too many bad news aren't good. At least for those who lost money, for example
It will scare the ppl away from it.

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February 18, 2015, 07:18:14 AM
 #6

To some extent, it will attract some ppl's attention to dig into it and learn the technology.

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February 18, 2015, 07:27:31 AM
 #7

Yes, more people get aware of BTC.

BUt of course too many bad news aren't good. At least for those who lost money, for example
It will scare the ppl away from it.

Now with the money presses rolling in the EU and people's saving money returning negative, this might be THE time to push bitcoin to the masses by handout actions, wealthy btc holders giving out some, but that will never happen Sad

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February 18, 2015, 07:58:29 AM
 #8

Does it actually get people looking into bitcoin?

Yeah it does get people looking into bitcoin and then walk away. That is not going to help.

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February 18, 2015, 08:05:27 AM
 #9

Does it actually get people looking into bitcoin?

People will read about bitcoin but they won't invest or pretty much do anything that would help bitcoin.

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February 18, 2015, 10:28:17 AM
 #10

There is too much bad publicity around bitcoin for sure and that is very bad for currency. Bitcoin is not celebrity where you cant have bad publicity, Bitcoin is sort of money and if ppl read about scams and hacks every day it sure make them very carefull about.
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February 18, 2015, 10:31:38 AM
 #11

Between some limits, any kind of news is good: it increases awareness.
But I think that we are (slowly?) get out of those limits and people will be afraid to use cryptocurrency because of so many news about hacks, scams and fraud.

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February 18, 2015, 12:31:28 PM
 #12

Good for awareness, when prices start to surge people will get interested buying thinking it makes them rich.
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February 18, 2015, 01:10:48 PM
 #13

Does it actually get people looking into bitcoin?

I think it is a little bit and it will when the fiat major currencies will fail once again.
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February 18, 2015, 01:16:27 PM
 #14

Of course it draws attention to it!
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February 18, 2015, 01:46:17 PM
 #15

Bitcoin price seems to be random. Big news like retail stores accepting BTC in 2014 didn't stop the down trend but rather fueled it. On the other hand big exchange hacks in 2015 didn't manage to stop the recent climb.

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February 18, 2015, 01:48:23 PM
 #16

Yes, more people get aware of BTC.

BUt of course too many bad news aren't good. At least for those who lost money, for example
It will scare the ppl away from it.

already has.
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February 18, 2015, 01:52:38 PM
 #17

Yes, more people get aware of BTC.

BUt of course too many bad news aren't good. At least for those who lost money, for example
It will scare the ppl away from it.

Now with the money presses rolling in the EU and people's saving money returning negative, this might be THE time to push bitcoin to the masses by handout actions, wealthy btc holders giving out some, but that will never happen Sad


if the Greek EU exit speculation isn't helping bitcoin the way the Cyprus situation did way back, that shows bitcoin has been badly tarnished.

It's not seen as a safe refuge the way it was back when Cyprus happened. People will go into gold and swiss franc, not bitcoin.

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February 18, 2015, 04:41:48 PM
 #18

I don't know if all bad news is good for Bitcoin or the Bitcoin community, but anything to bring attention or put a spotlight, in my opinion, is worth reporting about.

Better to be talked about behind your back, then not at all, is how I approach life.  If you're barely noticed, it means your inconsequential, it means you have no purpose, no meaning.  Silence = Death.

I actually first heard about Bitcoin a few years ago, when Silk Road 1 first came about, and that all products and services were transacted anonymously using this new currency called Bitcoin using Tor browsers.  At first I thought, wow, now there's digital money and you can buy drugs with it anonymously.  Then I heard Bitcoin used in other contexts, used for buying and selling legitimate goods and services, and started hearing about it traded on real exchanges like an asset or like gold and silver

So although bad news can be bad, it can be good also, just to get it on people's minds.  Since it's still early days, any exposure, positive or negative, will have to do.

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February 18, 2015, 06:09:13 PM
 #19

No, If everything on BitCoin is bad news then why would average joe wanna invest in BitCoin?
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February 18, 2015, 06:18:02 PM
 #20

bad or good news: free advertising!

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