Re: [XMR] Monero Speculation

Edit: haven't you been slightly suspicious of why the MSM publicized Bitcoin so much. That doesn't happen without the approval the global elite.

No, because they really didn't.

They started covering it only after it starting making new highs in 2013. They covered a bit of the Silk Road and MtGox stuff, but never in a manner that promoted Bitcoin at all. The latter was often mis-reported as Bitcoin having failed or gone bankrupt or something.

Since the price sagged in 2014, they barely cover it at all. Occasionally there is something in business news (WSJ, Bloomberg, etc.) but that's about it. Hearn's piece in the NYT was unusual, and again negative. A lot of the (business) coverage now avoids mentioning Bitcoin at all and talks about "the blockchain" (of course, that's where most of the VC money is going too).

I don't see the MSM promoting Bitcoin at all. If Bitcoin enjoys further success from here it will without (short term) help from MSM/elite.

You can still find non-tech people or even some tech people who have never heard of it, or think it failed in 2014. Some techie I know outside of crypto recently owed me $20. I asked if he wanted to send Bitcoin instead of Paypal, etc. and he had no clue whatsoever. Pretty common.

The MSM drove the bubble in 2013.

That's not my recollection at all, and I was here, actively mining and trading. They were late to it. Followers, not drivers.

Oh come on I joined the forum in March 2013, because the fervor was picking up steam.

And the MSM did the 10,000 bitcoins for one pizza promotion that drove the first bubble.

The first bubble was in mid 2011. I was here for that too. There was NO mainstream coverage at all. If you didn't find out about it from word of mouth or techie sites like slashdot (not at all mainstream then), you didn't find out about it all. The first article in Wired I can find was June 2011, but even that was post-bubble (May).

Coverage was still sparse even in early 2013. The main coverage around that time was 2013 was of Schumer calling to ban it because of silk road, but that coverage mostly dies out when the price dropped again. The pizza coverage you are talking about was specifically coverage of the bubble that was already happening ("The pizza now worth a million dollars!")

Mainstream covers stuff, including Bitcoin, that bubbles (or sometimes crashes). Other than that they mostly ignore it. Chinese stock market being another perfect example. Pretty much no coverage unless it is making new highs or new lows.