Bitcoin Forum

Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.

We already know the advantages to use cryptocurrency, it has been said over and over.

Bitcoin is growing naturally and everyone is doing his part. Some are good to code and make WordPress plugins for free, some are good to write and maintain a blog, some participate in conferences and meetings, some are good with YT, and so on...

Do you expect to see Satoshi running a bounty campaign?
It's not allowed to promote pharma industry related stuff in most countries.

The hype bubble of 2017 can in reality be understood as an extremely large marketing campaign - and it was very successful in attracting fools to buy Bitcoin

Now all the fools have Bitcoin and the early founders have sold at high prices - and now the fools ask whether someone wants to run marketing on Bitcoin ?

HA HA HA HA HA.....

I think the reason is "no one owns it", we the people in the community are the only one can only influence and promote it to others and we can get benefits from doing it as well. Bitcoin grows on its own, we can see the difference through the years as we received a huge growth without any huge promotions and campaigns.

Long ago bitcoin had experienced marketing were they promote it through airdrops and through bounty but as at now, the said bitcoin no longer depend on marketers rather; it market itself to the public for adoption and acceptance. Bitcoin doesn't use traditional tools to market itself but conventional tools which is more profitable than traditional.

It is not controlled by the person who created it or any group of people,the bitcoin network was working just because of us so no one will be use their fund to advertise about the bitcoin because we need to do it on our own.

I think that's the fault of decentralization, as there's no one to gain something tangible individually if you invest in crypto marketing, then you're doing it to benefit us all, this is why usually we leave it to someone else to do it, I think we're still too individualistic to think about doing something that benefits someone other than us.

It still has problems mate

The reason for that is that there's nobody who directly benefits from this advertising. In a normal situation a company has its capital and launching a product costs them money. The second largest expense right after production is marketing.

Bitcoin is not being produced by a company and there was no capital at first.
There is a lobby of a sort called The Bitcoin Foundation. https://bitcoinfoundation.org/

You answered your own question. Decentralization.

Pharmaceuticals are promoted by pharmaceutical companies, people/firms will start to promote bitcoin when it benefits them. Right now there are very few people holding enough bitcoin to make it worthwhile to invest in marketing from your own pocket, and all those people are already billionaires.

Marketing may indeed increase the demand on any asset but on the other hand one might think, if the product is good why do we need marketing? It should sell itself without it.

Many projects who were depended on heavy marketing is around no more. I am not saying marketing isn't important and we should avoid it completely in fact, marketing on bitcoin is happening everyday. Both companies and users do it by using bitcoin. Just look at the demand, no other coin has the btc's demand.

Other projects like ripple, eth, bcash have CEO's

Bitcoin doesn't have a CEO. It doesn't rely on backing of a big company neither. Instead, Bitcoin relies on its users and many smaller companies which use bitcoin every day.

Take bcash (ABC) for example:

It relies on bitcoin.com (Roger Ver) and bitmain's (Jihan Wu) support. It has nothing else. Without these companies bcash (ABC) is no more.

Same goes for bcash(SV). Without Calvin&Wright, it won't exist.

When you think about bitcoin however; There are hundreds of small-mid sized companies. Maybe none of them as big as bitmain but when they all come together, we are bigger than all of these shitcoins.

What do you understand by marketing? All media outlets are talking about bitcoin 90% of the time when it comes to cryptocurrency market. If there are notable changes in the market, the news is that bitcoin has dropped 30%, not ETH, OMG or any other altcoin. Most billionaires or influencers making statements about the crypto market say the bitcoin will reach $20000, $50000 etc. Even if behind bitcoin would by a company, I don't see the reason to invest in marketing campaigns when you have all the exposure in the world (or at least much more than all the other coins together).

Bitcoin already got the needed marketing required as it is talk of the town virtually on every social platforms, not to be mention that it's through Bitcoin that every other altcoins are traded. Thus Bitcoin got its marketing already.

Bitcoin already has all the marketing needed, tbh I think everyone in the world is already aware of it, but only 1/10 of the population can even buy it, that's what were lacking. I believe only Tier 1 countries can buy btc easily, the rest of the world has to go through localbitcoins and some not even that.

There are a few reasons there is no marketing for BTC, first of all Btc is not a company and therefore there is no team or head for marketing purposes, also Btc is not ready for marketing and it will not be allowed by governments because Btc is a threat to them as of now.
On top of that Bitcoin is also not ready for being adopted due to various reasons, you can think of transaction fees, speed, etc. however the future in my oppinion is bright for Btc, each day Bitcoin is not dead is a day closer to adoption.

you should ask also the question why is there no market anymore for the first ever paper money, or why is there no market anymore for the other 50 million cryptocurrencies out there.

Bitcoin needs no marketing... the price is enough... when it moves, everyone watches... it is just the king of crypto...
It will naturally get spread out when people enter crypto and the access to it will become easier and easier... no need for anyone to spend their money on marketing so that the whole world collects the profit

Who would it be funded by? Bitcoin isn't like an ICO where a centralized team solicits funds for development and marketing. It's an open source project.

Also, transactions may not always be cheap. Without significant block weight increases, we should expect fees to rise considerably over time. I think this was intentional since fees must replace block subsidy to continue incentivizing miners to secure Bitcoin.

Its very hard for Crypto to get accepted by the most people how used fiat the hole life.
Peoples like my Father will never use Cryptos but next generations will accept it more and more.

regards

I think it is also a little complicated to do bitcoin marketing, since there are countries where they have a certain prohibition and that would complicate things a little when it comes to advertising openly, then the company that would be in charge of that has to think about that factor before launching the campaign.

I see some volunteers who are advertising it through radio's and newspapers. No one forces to advertise bitcoin to different media's as bitcoin is already popular and it's starting to be known worldwide.

Likewise, there's no need for bitcoin to be advertised somewhere. You just sit on your home and watch news, there's an exposure already by a news channel that publicized bitcoin's price and if you are an internet-savvy, you'll see different ads from exchanges which are advertising their own website but has a bitcoin logo on it - another exposure for bitcoin.

Yes, it's a voluntary thing. There are people who became the spokesmen to the media and who are trying to educate the masses. Andreas Antonopoulos has basically made a business out of this. Advertising Bitcoin, although isn't paid for by any organization, can be profitable.

Hypes are not mainstream marketing and these do not really target to educate people. What happened during late 2017, was pure hype! A lot of brokers and middlemen earned a good amount of commissions as well during that time! What OP is asking is about the educational marketing campaigns which will target to educate the potential mass about the benefits of using cryptos!

I personally do not think that such marketing efforts will ever be taken up because we don't have a general council or an authority body (that's what decentralization is)! It can be marketed through only businesses that are active in cryptospace.

The current legal framework is pretty confusing worldwide and that's the reason why businesses are shying away from accepting cryptos as a payment. As the legal framework will become clearer and structured, a lot more businesses will start accepting it and showing it to the mass. Marketing theough businesses will start at that point, not before!

This is one of the privileges of BTC, BTC has good growth without marketing, in my opinion, BTC is not the same as other products.

some people choose to market the BTC to the world, but the prohibitions made by the government hamper BTC's marketing.

but, the ban on BTC makes many people realize that BTC has great benefits.

because as i know that bitcoin is work automatically. its mean that there are no people that work to makes bitcoinis workiung, from sending transaction, checking wallet, and anything else its automatically by system

Bitcoin grows on its own, we can see the difference through the years as we received a huge growth without any huge promotions. I think the reason is "no one owns it"  ;D ;D ;D

because bitcoin is appear at the first. so i think now it really popular. but the market of bitcoin now is not good

Bitcoin grow its popularity even without marketing strategy.
Who would advertise bitcoin for being anonymous of it.
We see that bitcoin gives opportunity for everyone and those opportunity  makes people  to promote it by itself because of what they got from bitcoin.
Because of the news coming from the social media it also helps bitcoin to become popular.

Assume that bitcoin is being advertised in on TV and it says that it's decentralized. Then what will come to the mind of people?
If bitcoin is decentralized and there is no owner, so who is paying for this advertisement?
I am sure no one will trust bitcoin. All the people will think that bitcoin is a scam.
Bitcoin should be known by people gradually in a way it is happening now.

Bitcoins is not like ordinary crypto project where budget is allocated for marketing and promotion yet it sells by itself and every cryptocurrency has tied to bitcoins which is more or less marketing for Bitcoins.

Ever heard of something called crowdfunding? This could be the source of money for advertising. It's really not that hard for people to gather in a group and put some of their Bitcoin profits to work. Lack of advertising and central authority that you can scare into submission or put in jail is what makes Bitcoin so unique. We don't need advertising. The beauty of Bitcoin is that most people who really get to know it, begin to love it.

The funny thing about these assholes is that they shot themselves in the foot by splitting, because where you had one party doing something relatively 'unique' (i.e. on-chain scaling with barely any limits), there are now two chains doing the exact same thing. From hash war we'll be moving over to a block size war. The first to upgrade to 1GB blocks wins.

The prices that came down badly made people literally hate them. This is reverse marketing, lol. I'm waiting for nChain and CoinGeek to split. Bitcoin Geek, does that sound right?  :D

Bitcoin has got advertised from starting and now it is more famous that is why so many big names are using it and commenting what ever they want to get famous by endorsing Bitcoin in their comment. Other products which you are telling about getting famous after advertising are only worthy until they are getting advertised.

Bitcoin dont need any advertisement as it is getting freely advertised by lot of media and they are also getting benefited by endorsing bitcoin in any way whether negative or positive.

Bitcoin does not need to be marketed or promoted, it will grow by itself with the help of a strong community. Believe me, something valuable doesn't need to be exaggerated, because he's already big.

Wether it is not controlled by anyone or it is controlled the inventors can still market their product if they want like making advertisements and other way to promote BTC.

bitcoin is created automatically at the first time, so bitcoin is not need the maketing or anything else to make bitcoin popular, the popularity of bitcoin is come from the user

Bitcoin is a new asset base on digital , that has a very big potential of turning around the life of users in a short while, the demand and supply of bitcoin is very much rapid growing but the market red as made it slow a bit and are very sure to bounce back anytime soon, some understand it but never believe in it and I don't think bitcoin need a big marketing strategy before it boom, just normal way we all heard of it be it one way or the other .

A lot of people are of the opinion that Bitcoin should not be aggressively marketed like a Ponzi scheme, because it will cause more harm than good. I am not one of those people, because I am of the opinion that most people are clueless about "financial freedom" and "privacy" and they need to be educated for them to get the bigger picture.

The advantages of using this technology, only comes to fruition when people realize how much control their government and Banks have over their wealth. People in Cyprus / Greece / Zimbabwe and Venezuela only realized how important these things were, when they were faced with hyper inflation / Large scale government corruption / Blocking of ATMs and closure of Banks in their countries.  >:(

Bitcoin no needs marketing to be famous because Bitcoin is the pioneer of cryptocurrencies with blockchain technology behind it. Bitcoin be known naturally and now Bitcoin has it own supporters. Bitcoin has open the opportunities for everyone to gain some profit here.

Pharmaceuticals is business, when you made some med, you need to promote it to people to know them that it exists, does this and has these side effects. Bitcoin isn't a business, it's currency and I doubt you'll ever see promotion of usd or euro and etc. Also you'll hear about it pretty easily, I can't agree you that there is a lack of information in people, no, they have heared it many times but it's another task who got interested in it. If you just heared and don't care what it is, no one will come and sit to explain it. Bitcoin has it's users and it's enough.

I think it is because of decentralization itself. Many people are connected or adopted on it.

Using Media for certain things or for any thing requires government permission and permission of the owner of that medium.Worlds Social media giants and most innovative social media invention "Facebook" has ban Crypto ads and if we use local media like Newspaper or anything would require government permission and most of them are against us which itself is publicity that is happening.What i think that could be the best way to advertise it is,people who have earn large in bitcoin can come forward and tell people that i have earn this much in this and that would attract many young one as younger generation is more money driven now rather than before and they really look people for inspiration and their methods to earn big and now people have that thrive to do some unconventional which was not in people before.This could definitely work.what you think guys?

Bitcoin grew to where it is today without marketing at all, aside from what happened in the very early years. Even then, the marketing, if you can call it that, was done by enthusiasts of the technology, and not speculation.

Marketing right now would mean you attract even more gamblers betting their life savings on crypto. We should aim to educate people and bring in quality, not quantity in form of get rich quick rookies.

Shitcoins need marketing, because they can't differentiate themselves from the 1001 different coins and tokens that this industry counts. And even with marketing, will that make people here more interested in them? I doubt it.

But this is decentralization! Who would you think would pay for marketing campaigns? It's us - community that promotes cryptocurrencies around you - talking about it with family or friends.

Of course, there are people who are much more involved - for example Andreas M. Antonopoulos 

https://antonopoulos.com/

everyone who entered in cryptocurrency and will enter in the future.
BITCOIN is the first currency to know and to use.
we dont need to have the marketing for BTC as it is the very known cryptocurrency worldwide.
You can go to any exchange or market and you will always see that BTC is on their list.

There is no team behind it, it is decentralized, so who will be the one to manage it. And what is the point of marketing Bitcoin, people know Bitcoin. But their perception about Bitcoin is sometimes negative, that's why they don't trust it. And the benefits of blockchain from bitcoin is very little today, there are more advanced blockchains out there, with better scalability and efficiency. And do some research before posting, transaction on Bitcoin is not cheap, and the amount of money you have can be viewed on the blockchain explorer, the privacy is on the identity of the owner, not on the amount of money or BTC he/she has.

There is actually a lot of advertising for bitcoin.  Wealthy people that invested in btc have bought ads,, I've seen them on different websites and videos.

The strongest advertising for BTC is through word of mouth and adoption.  This is a community driven project that really doesn't need the backing of billionaires.

Bitcoin is known naturally and now Bitcoin has its own supporters. Bitcoin has opened opportunities for everyone to benefit here. Bitcoin doesn't need marketing to be famous because Bitcoin is the pioneer of cryptocurrency with blockchain technology behind it.

That that's what drove btc's 2017 run. The more people hearing about the soaring btc value, the more people wanted to get it. And it's all over social media as well. It's probably just because of the current bear trend that we're not hearing and seeing that much about btc recently.