Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins, but if they could just able to research all technical aspect of bitcoin also how amazing for this to trade for sure we can see them participating then go with us trade then speculate the future of bitcoin.
I can tell you for a fact that Knowledge is not all you need to hold Bitcoin. You will be surprised to know that most experts and tech savvy guys are not holding large chunk of Bitcoin, not that they did not meet Bitcoin early but their vision is just as limited as those of others who do not have the expert knowledge they have. What is needed to invest in Bitcoin is just the basic knowledge and not expert knowledge like many people think. However, expert knowledge is good but it does not guarantee that it will make someone invest in and hold Bitcoin better.
If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.
I agree with you, the mainstream media is basically run by people who do not have faith in Bitcoin. The have this special way of amplifying the risk associated with investment in Bitcoin, it will really be difficult to be active listener of those headlines and still have confidence in holding Bitcoin for a long term. Well, since I started the DCA method, I'm no longer bothered by those news because I have done my own research and drew my conclusion about Bitcoin which have proven those experts wrong on several occasions.