Post
Topic
Board Press
Re: [2014-02-07] Bitcoin Fever Is Spreading into Mainstream
by
BitcoinMamba
on 10/02/2014, 14:40:34 UTC

With the price dropping and new articles appearing everywhere it's only logical that the price will go up again.

Even negative articles will have a positive influence on the price. New people will hear about BTC and will do research on it. They will see all the price fluctuation and see that right now the price is low compared to what it has been and what it can become.

As they say - there's no such thing as bad publicity.

I wouldn't be so sure about that. There's a difference between promoting something and slandering it. Bitcoin usually bounces back though quite quickly.
True.

But think about it. Let's say a person has never heard of bitcoin and suddenly sees an article on businessinsider about bitcoin price falling thanks to mt gox having problems. The article is interesting to the individual and the person starts to do further research on bitcoin.

He then finds different sites likebitcointalk.org, coindesk etc and sees all those articles on google and all the famous people like the Winkelwosses talking about bitcoin. Probably he will buy some as well, or use it to buy some goods.

In my opinion, it is only good for bitcoin to make it to the news - good or bad news... Because it still creates new people into the cryptocurrency world.