Bitcoin Forum

VISA, Mastercard, and Capital One have dominated the public sphere for too long. Imagine a smart bitcoin ad that could introduce people to the idea that there's an alternative to all the credit card bull.  

A 30 second TV spot would reach 100-120 million (mostly American) viewers.  This would likely cost 24,000 BTC (3 million USD) at current exchange rates.  

A competition could be held within the BTC community to vote on whichever ad they think is most worthy for the spot.  It would be good idea to get an escrow system set up so that if the donation threshold is not met, then the donations are refunded. It would be even CRAZIER if there was some kind of implementation to run a faucet that starts when the commercial airs, billing it as "the only commercial ad that pays YOU to watch it!"  

If we can't get to it for this year's superbowl then I'm optimistic, it will likely be even more feasible in the years to come if Bitcoin sticks around and grows in value.  We could try in 2015 and the cost would probably be closer to 2,400 BTC  :D

That would be awesome!  Doesn't the foundation have 1,000,000 BTC or something?  They could fund it.

Would be very cool!  ;D The problem is the massive cost of doing so.

Id like to see other opinions tho!

The foundation could also flush the private key for 24,000 coins down a toilet too, and it would be equally as productive.

http://youtu.be/YYD2vPIg-Sc

VACATE WALL STREET

Yes, at this point, bitcoin is probably not ready to be adopted by the general public. Still too complicated, especially to buy/sell.

For every bitcent spent, the ad would reach about 45 people.  If we can brainstorm up a better PR distribution then I'm all for it.

There would be ALOT of newcomers coming in and being confused. I have a feeling many will invest and lose either their wallets or just get lost :/

advertising bitcoin is like advertising the Pound, Euro, Dollar. bitcoin itself is not ready for mass adoption of 'users', iit still needs more main-streaming from merchants. so if anything was to be advertised it would have to be the payment gateways for merchants to do transactions.

and with that there needs to be a bigger diverse method of a merchant turning a bitcoin into a Fiat to then restock their shelves. relying on bitpay alone is too centralised, there needs to be a ACTUAL service for every country. and not a dollar dominant service which then converts to foreign FIAT at high costs and delay..

the average customer see's bitcoin as 'facebook credits' but without the facebook part. yes they know they can buy credits and use those credits online to buy different things, but it is still a hassle to go through that process.

there really needs to be a big push to get FIAT into bitcoin and bitcoin into FIAT as easily as possible, with least fee's as possible before bitcoin is even worthy of having a prime time advertising spot.

I'd like to see short spots that show off the state of fiat currencies.  No need to mention bitcoin directly.  There are other organizations that might be willing to contribute.  Something like this near the end of the game would be nice.  (Switch Euros and other currencies for Dollars in the appropriate regions):


(I don't know what the actual numbers would be, so "x" above is obviously a placeholder for what would be researched values.)

ugh - I meant to include - The value of $1 you saved since last year's Super Bowl:  0.xx

http://youtu.be/YYD2vPIg-Sc + 1

like that idea.

but the video is to long and "to complicated" and to quit most times. no one would watch it.

i would try a funny style or more fear style.

*too long and too complicated*

If $3mil is spent on the ad, it would probably be worthwhile to spend another mil with an advertising agency (as opposed to some amateur submissions)

http://www.forbes.com/sites/alexkonrad/2013/02/02/even-with-record-prices-10-million-spot/

Probably $4 million or more actually  :-\

This comparison would be a bit silly.  How many satoshis have been mined since 2009?   How does the rate at which Satoshis have been mined from 2009 - 2013 compare to the rate of increase in real dollar (M2) supply?  And, last I checked, bitcoin is backed by neither gold or silver.  And, obviously, the bitcoin source code can, has, and will be modified in the future by the development team.  Hence, there is no guarantee that mintage will be capped or that the rate of production will stay constant.

$4,444.44 per frame.

Working with that number, sell frames for $5,000 each as in group buy. A website will already be in place to take the orders, all payable via Bitcoin only, and use the same site to showcase each and every frame on a dedicated page. Sure, the ad will suck overall, but imagine the press it will receive, whereupon the website will get mega traffic.

Producing the ad would be at a minimum. The website would have to be topnotch, easy to load and navigate.

I believe there's enough average Joes with a little depth in their pocketbooks that would be wiling to dole out five grand to have their liking on a Super Bowl commercial placed somewhere between a BitPay screenshot and a bottle of Coke/Pepsi. Hell, since the ad will look like shit anyways, those that order would have the option of picking what frame number they want if it's still available.

I'm sure BFL would dole out $5K for such an ad, as well as Satoshi Dice, along with a handful of Bitcoin millionaires for prosperity reasons.

The 5K figure is based on 30 frames per second.

Can anybody provide a link to a video that depicts 30 fps of random images?

An ad during SuperBowl would cause this bet to end True":

Bitcoin will be mentioned or pictured during the 2014 SuperBowl
 - http://betsofbitco.in/item?id=1197

Actually Phinnaeus, you've made me realize there's another entirely different option for a super bowl ad.  Remember when the Miller Highlife aired a 1 second commercial that simply consisted of their spokesperson saying "Highlife?" This was the actual ad:
http://www.youtube.com/watch?v=f83AYIJiQUw

And then they capitalized on that novelty by airing prior ads, advertising the fact that they only needed a 1 second ad:  
http://www.youtube.com/watch?
v=qYW31meznQc

Bitcoin could do a simple, intriguing, and very short ad that consisted of a brief message and an easy to remember web address.  The website could be any number of things from an easy intro video to a small BTC faucet of sorts.

The TV spot could show the climbing value of BTC over the past few months and pose an interesting question like: "What makes bitcoin so valuable? Find out for yourself at www.[relevantaddress].com

If it somehow were to make it into the spot and get the commercial I wonder how much the price of bitcoin would fluctuate in the week after the superbowl.

I like this idea, makes me wonder if there's enough interest to get something like this done...

The point is not to promote bitcoin, but to help people wake up to the state of fiat currencies.  Nobody thinks bitcoin is backed by gold, but I would wager that many people (maybe most people?) believe that the U.S. dollar is.  Sure, a lot of bitcoins have been mined since 2009, but the rate is fixed and the overall number of them is fixed.  The dollar and other fiat currencies are inflationary because the governments can just keep those printing presses running 24x7.

You can't put a complete bitcoin education into a TV spot.  However you can drive home a couple points that will cause people to ask more questions.  You won't convert anyone with a TV ad.  But you can get them to ask questions about something they've always taken for granted.  The overall strategy should be to get people to search for more information.

wouldnt it make more sense, be more cost effective to use the internet to advertise, ie. Facebook/google adwords/twitter. Youd reach the rest of the world then, not just US, not everyone watches superbowl, isnt that like UK rugby but with lots of padding to protect themselves, LOL

dont all shout at once.


Tony

UK ;D

I think more merchants should be the target audience.

If merchants adopt customers will follow, customers will become inquisitive what it is all about.

I sent an email the other day to the BitPay contact in the UK asking if they could contact BullionVault.   If they could get merchants like BV on board it would open up the whole world to gold and silver using BTC.

There seems to be much talk about the USA in the forum, any promotion of BTC should be directed at the world, not just the USA.

Seriously?
I think 99.5% of people simply don't give a damn.
They get paid in dollars, they can pay all their bills and buy all their stuff in dollars. They don't care what a dollar 'is'.
People who actually care about a gold standard are about as common as people who build survival shelters on their land, just in case.

Money. By the people, for the people. Bitcoin.

Nice crazy idea   ;D
http://www.reddit.com/r/Bitcoin/comments/17f63u/10_contest_make_a_bitcointhemed_i_am_a_mac_and_im/

submit here: https://www.smallbusinessbiggame.com/

if 1/2 of all btc users voted for one of these im sure there would be a commercial. if there was a forum announcement its possible this could actually happen.

Next year.

The infrastructure's not ready yet.

would be a tremendous waste of money. superbowl ads cost millions of dollars and THIS--->
http://i1.ytimg.com/vi/8L5hh7GRTAc/maxresdefault.jpg   
 is who will be watching going to get more beer/visiting washroom/hitting mute and blabbing with buddies. try fishing somewhere there are actual fish to catch.

Bad idea. The adoption rate is high enough.

The first 25 secords would consist of nothing but all them frames streaming by, with the last 5 seconds consisting only of the words: The previous X (whatever the number will be) frames in this commercial were paid for with BITCOIN.

No company mentioned! Now, tell me how this wouldn't be the most talked about commercial come Monday morning. Gavin would be on Good Morning America.

Here's the important question: Is there still a 30 second slot available?

http://variety.com/2013/tv/news/super-bowl-ads-fox-seeks-4m-for-30-second-slot-in-big-game-1200586371/


That would equate to an exchange rate of $450 the week after the SB.

I wonder what the average demographics is of the average SB watcher. On par of a NASCAR fan? With 90% of them owning smartphones.

The whole reason people get into credit cards is...

1) They want to buy things with money they do not yet have money for
2) They want to build up credit for bigger loans in the future (car loan, mortgage, small business loan, etc)
3) They're attracted to the points/rewards systems many credit card offers

I'm really new to Bitcoin, but from what I can tell, there doesn't seem to be anything in the Bitcoin world that offers these things.