The Media's Effect on Cryptocurrency

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Bloomberg posted yesterday that Cryptocurrencies are Getting Crushed.  Fortune posted that Bitcoins Nears Bear Territory.

If you notice, these first two news organizations are more reputable than the two below.  They also present more of a doomsday interpretation of the bubble popping, which was at least somewhat influenced by a couple tweets from Mark Cuban.

According to Lifewire.com, 7 Major Retailers and Services Accept Bitcoin.  99Bitcoins offer an extensive List of Websites That Accept Bitcoin.  A list was also posted by a user on ebay that includes over 100 Companies That Accept Bitcoin as Payment.  Victoria's Secret, Target, Tesla, CVS, and Amazon were part of the list.  

While it may be sexier to report on crashes and surges, acceptance shows that there is a real demand for bitcoins at least.  This is especially true when nations are actually assigning government officials to regulate digital currency that they have no actual authority over.

Merkle posted Bitcoin's Legal Status Around the World. 

Keep Calm 

    and 

Hold On

The Media's Effect on Cryptocurrency | Ecency