Post
Topic
Board Economics
Re: Bitcoin doesn't care about Tesla and Amazon
by
taufik123
on 05/08/2021, 21:23:20 UTC
This is done because they want to create false expectations, we must remember that even if the purpose of the media is supposed to inform the public with the facts this is not true anymore, they want to get clicks, they want to be seen, they want to become news themselves and how can they achieve this? By giving outrageous news, that's how, so they create a narrative that the price of bitcoin now is completely dependent on big companies like that and people are going to read their articles and watch their videos to see why this is the case, when in fact the price of bitcoin just has its own dynamics and doesn't obey anyone.
some of the big media have a strong influence on bitcoin fundamentals and many are manipulated. the news that is issued sometimes slightly corners bitcoin. all arranged in such a way. FUD is widely spread and then some Good news is also spread to control market fundamentals. Bitcoin doesn't care about anyone, it's single bitcoin and doesn't depend on anything else.