The media and governments

[Stormyblue]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

[Eben]

The media help promote it through advertisement and discussions on various media platforms which may either encourage or discourage people from investing based on the analysis

[Nanagyasi]

A research in 2017 showed that media hype and peer uptake and governance affect the prices of Bitcoin.  For instance, if the media talk negative about Btc, it put fears in investors and therefore decreases the rate at which people invest in Btc which will indirectly lead to a decline in Btc value. On the other side, a political instability in a particular country could lead to people taking their money out of the country's economy and investing it in Btc and vice versa. All thse changes may affect the value of Btc.

[Lyfuuuuu]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

Well if media reports that investing in BTC is a good idea, many people  invest to it, since media is has a strong influence to us, so if they report negative for BTC for sure there will be less investors. For government, I think as of now they haven't even contribute with Crypto Currency, they even ban it.

[Domithra]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

The significance of the media to cryptocurrencies is beyond compare. It is through the media platforms cryptocurrencies reach the masses. Serves as the platform for creating more awareness on the concepts of the blockchain technology and cryptocurrencies.
With the government, they only fear that cryptocurrencies rob them of the financial power and give it back to the people. In return, most governments impose threats on cryptocurrencies but that cannot stop the good work of cryptocurrencies.

[diygirl]

The media has the role of spreading information about crypto. While the government is considered able to provide assurance that bitcoin is a safe investment. So it can be said that these two things have a very important role in the development of bitcoin.

[dominoes]

Normally, people trust media system that gives some negative and positive inputs to our mindset most specially in terms of money, profit, earnings, investment, education, future, and technologies and etc. Government play a major roles like preventing the truth or lies to come into the houses. Media and government must play's together to make it more interesting game.

[Kayujaty]

The significance of the media to cryptocurrencies is beyond compare. It is through the media platforms cryptocurrencies reach the masses. Serves as the platform for creating more awareness on the concepts of the blockchain technology and cryptocurrencies.

[Quantum X]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

FUD is the very obvious that gives negative results for bitcoin and the will surely the next when the media and government is at the moment of being silent. During that time I am sure that few of the successful businessmen already have bitcoin on their pockets earned from bear market or FUD.

[decrypto]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

Yes I think media and government contribute to the rise or fall of bitcoin and other crypto currencies. It will affect demand of crypto.

[DEADPOOL]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

It is possible that major players use different media to their advantage. We often see fake news that contribute to a sharp fall or rise of a currency, and even the market as a whole. Therefore, it is not surprising that Bitcoin reacts to the news. This is the same as stocks react when their product or production loses its relevance, or comes at a loss. The media spread the news, and the sale begins. Of course, we would not want to have such a situation with bitcoin in the future, so as not to be dependent on every news, especially if it is implausible!

[Mikam]

For the government, I think until now they haven't even contributed to Crypto Currency, they even forbid it. If the media report that investing in BTC is a good idea, many people invest for it, because the media has a strong influence on us, so if they report negative for BTC, there will definitely be fewer investors.

[desanti]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

the important role of the media for cryptocurreny can disseminate information about crypto and in addition the media reports that investing in bitcoin is a very good idea and makes many people invest so the media has a strong influence for us. and for the government until now they have not contributed to the cryptocurreny, they even forbid it and imposed threats to the cryptocurreny, but all of them will not be able to stop crypto's good work.

[densus88]

How does the media and governments contribute to the rise or fall of Bitcoin and other crypto currencies.

Of course. The media and government will contribute to the rise or fall crypto currency. The negative issue will affect the price down.

[comer]

Rise and downs of cryptocurrency have a huge contribution by media outlets. Media can ruin and lift the cryptocurrency price. Spreading FUD or negatives news will surely make the price downfall and we have seen this so many times in market condition. On the other hand the government ban to cryptocurrency to operate in the place brings the price down. Further, whales comment through media channel brings a lot to the price change.