CNBC is a Crypto FUD Factory.
Have You Seen What CNBC is Publishing About Bitcoin?
Like a trojan horse CNBC has moved into the Cryptocurrency news space! When I first started seeing their content surrounding the subject of Crypto I had a feeling they had nefarious intentions.
Check out some of the CNBC Crypto headlines and articles.
Bitcoin drops 11% as South Korea moves to regulate cryptocurrency trading.
Ten years in, nobody has come up with a use for blockchain.
A bitcoin implosion could 'spill over' into stock market, warns Wells Fargo's Chris Harvey.
Be Very Wary of Anything Associated with Wall Street and the Banksters.
2017 was the year that Bitcoin grabbed the attention of the same people that have caused every boom and bust cycle for the last century. When they announced that the CME, CBOE and others were adding Bitcoin Futures I was not cheering like the majority of Crypto enthusiasts. I was not thrilled earlier in the year when everyone was hoping for the Bitcoin ETF approval. You see, when you let Wall St. and their greed infect the CryptoCurrency space they will do their best to manipulate the Crypto markets in order to profit.
They have shown how careless they can be in the past. I was living in Tampa, Florida when the housing market collapsed. I also lived through the Dotcom bubble. These people only care about one thing, Profit! If we don't watch out we will be just pawns in their game of greed.
What I am Doing.
I have put a large portion of my Crypto assets in altcoins. This opens my portfolio up to more volatility but I am ok with it. I will constantly remind the community to be vigilant about the Trojan Horse that is being let in the front door by unknowing Crypto enthusiasts. Many of the people that have joined us in 2017 are only here to make a quick profit and those are exactly the types of people Wall Street and their CNBC Crypto buddies prey on.
The CryptoCurrency Community in 2017.
Government hard at work again. Yeah lets not talk about the massive 5,000% gains or the real world cases that have been used for crypto.
government of morocco specially Moroccan Banks want to stop buying and selling bitcoin huh
thanks for upvote
in our country is another story
bitcoin is not recognized again a legitimate exchange tool
Indonesia
I don't buy the idea that this is government (central bank) sponsored propaganda. This is a media outlet pandering to their audience's emotions. Think about who their audience is. Mainstream media is a safe haven for people who are afraid of change and predominantly want stability. These articles serve to support the traditional investors are right to avoid cryptos. Their audience wants as much negative information about cryptos so they can accept that they don't suffer from FOMO... let alone the fear of not understanding blockchain.
Do I trust Wall Street?
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Thank you for stopping by Grant!
Hi @hilarski,
It is the matter of fact the Media is the most basic institution of any society.It can change the thoughts of the mass within no time. They way CNBC is propagating negations among mass; shows a clear message to even a layman that someone else is behind this whole game.
It is basically a war among BTC and BANKERS and bankers are trying to stop the influence of BTC through hook or by crook.
Here is my prediction and words that the coming age is of Crypto's age. None care dare to challenge it's storm and technology in anyway.
You mentioned one more thing in your blog ;
These lines are actually of very deep meaning and #steemians get some lesson through this piece of advise.
Thanks for making the steemians aware of this thing.
My support and best wishes are always with you
Stay Blessed :)
You gave the tactic, now what CNBC can do. Excellent article~
Thank you for reminding me. Although the year for Bitcoin was the most interesting. But they should not be disheartened.
I still think they do not realize what bitcoin is capable of , 2018 will show it all
Yikes, they think they know enough to write about it... Error, yeah right.
Good research right there. Several cases of non-crypto applications is being undertaken. Out of all, I can name Lantmäteriet, the Swedish mapping, cadastral and land registration authority, whom has begun doing research in this field. It may not be complete, but federal implementation takes time, we all know that.
CNBC , bank and govt. are always against cryptos....
The media and the Government are the right and left arm of the banksters....that is why.
They both do the bidding for them.
It is a wonderful trio of lies, misdirection, and slavery.
Any publicity is good publicity... How hard CNBC is trying to create fear in the minds of people, it is turning out to be the opposite and many are becoming crypto-investors.
The media is nothing more than the mouthpiece for the banksters.
CNBC is negative on the entire crypto market...attacking it at every opportunity. At the end of the day, the blockchain is going to destroy the banksters and there isnt a thing they can do about it. When the Internet beats on your industry's door, you are cooked.
Even the banksters cant fight the power of the Internet. In two years, they will be hurting a great deal is my prediction.
Thank you for reminding me. Although the year for Bitcoin was the most interesting. But they should not be disheartened.