I just thought about a little theory. When I usualy tell friends or people in generall about cryptocurrencies and that they need to inform themselves about the subject the feedback is 90% positive. People realize that cryptocurrencies is the next "big thing".
90% is a great number but how much people are involved as a whole? In my case I take 70% of about 50 people think bitcoin isn't a big thing and just a normal currency or didn't even have encountered the word bitcoin.
So back to my theorie. In recent days there were a lot of discussions about Jamie Dimon CEO of JP Morgan spreding FUD. So if he actually gets people aware of crypto even by bad puplicity won't it be positive for the market despite causing a price drop by panic sellers.
Somehow yes. Whether good or bad, a publicity is publicity. Because of such negative claims by those big people around a big company, bitcoin was given a free advertisement and traffic over the internet or even in a television.
So do you think even bad news about crypto in the wider media will drive the market up in the long run becuase it makes people aware?
You already seen the result, at least. Those 90% of your people became aware of what bitcoin really is. Even with a negative introduction, if people really like to know more about this "thing" then definitely they will do their own research.