Re: Why Media is negative about Bitcoin?

Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/

What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?

There had been a number of online scam which run away with investors money. Seeing the huge returns involved with Bitcoins, it also looks suspicious to many. As a result, media tries to make people aware about Bitcoins as well. Only thing is that they need to do more research before coming up with the news as it affects the prices.

Actually, Media only uses Headlines that can easily be sold. Wouldn't it be more sellable if you use a headline "Bitcoin a Scam" than to "The LN and whats the use of it." They tend to use negative news of bitcoin/Crypto because it generates more clicks for the readers.

You have a point, I guess they were just creating a new topic so that they have a new article to tackle about. Maybe you were right that they tend to use negative news of bitcoin rather than to a positive one because it is more captivating. Some of media company just want a profit and they don't care if their works is factual or not. They only know is the shallow part of cryptocurrencies but they don't know the true meaning and purpose of this thing.