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| Subject: Why Aren’t Major Publications Writing About Crypto Anymore? Tue Feb 18, 2020 11:11 pm | |
| During the great cryptocurrency boom, which means the end of 2017 through the beginning of 2018, every major publication was writing about it almost daily. They were reporting current news and predictions, both extremely optimistic. The underlying message was that cryptocurrency definitely is the “next big thing” and that jumping onto that train right now is the best investment ever.
And yet, not even two full years after that great uplift, crypto is all but forgotten by those same major publications. Of course, there are still many dedicated sources that report news from the world of crypto every day. There are also occasional mentions of the topic in sources like The New York Times or Wired. However, those are often pessimistic and negative pieces.
The important question is “why is this happening?” Is crypto really dying? Were all those positive predictions wrong?
As it often is, the answer is extremely complicated. Also, some of the reasons have little to do with the actual value of cryptocurrencies and blockchain technology.
It is a common belief that crypto has fallen out of favor so fast because it’s extremely volatile. Therefore, trading in bitcoin and other altcoins is too risky for any sane investor. However, it’s a given that FX forecasts are a part of any economy magazine. Some of the fiat currencies used by FX traders also are exceptionally volatile. But that doesn’t stop people from using them for trading, occasionally losing hefty sums of money or even going bankrupt over a particularly bad deal.
Why is crypto any different?
https://captainaltcoin.com/why-arent-major-publications-writing-about-crypto-anymore/ |
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