The Media Power
In times of old and now the media has played major roles in influencing peoples decisions and this influence affects both investment plans and other decisions.
This media power is evident in the bearish conditions of the crypyto market spreading negative media attention so as to cause FUD in the mind of those new to digital currencies these ones don't understand the mind games played by them in order to cause reduction in demand and increased supply concomitantly resulting to a fall in price.
All this negative media attention towards bitcoin and other crypto currency is getting really old. We have fund managers calling bitcoin worthless, while behind the scenes they buy cheap BTC. When will the world wake up to the fact that the media, the fund managers, banks, google, Facebook and the like are bagging on bitcoin because they have the most to lose if this new asset class succeeds. Investors in crypto need to lay down a foot and stop giving in to the whims of the old world and the old ways.