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I never understood this. How does one conclude that media doesn't like something? If you put yourself in media's shoes, their whole agenda is - news and adverti
by thisisit 9y ago
I never understood this. How does one conclude that media doesn't like something? If you put yourself in media's shoes, their whole agenda is - news and advertisements.
It's no secret that BTC fans tend to take offense at even small insignificant stories criticizing BTC. They will flock to CNBC, register accounts to show who is the boss. So what do networks do? Fan the flame and write even more stories de-riding BTC. Because any publicity is good publicity. The BTC fan reaction at that point is a forgone conclusion.
- social_quotient 9y agoIf you check the CNBC mobile app for the last 2 days the bitcoin story/s have been prioritized to the top position or second to the top. Given the frequency of news and the relevance to the cnbc audience it seems to me there is certainly some additional boosting for these to be constantly at the top. As I write this reply. The bitcoin article is at the top. There are at least 15 more articles more recent than the bitcoin one from 3 hours ago. Just interesting
- wu-ikkyu 9y ago>How does one conclude that media doesn't like something? If an outlet shows a consistent pattern disparaging something. >If you put yourself in media's shoes, their whole agenda is - news and advertisements. Most big media outlets are part of larger corporate conglomerates. So it is in their interest to push a narrative that is helpful to the larger investment portfolio.