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Author Topic: What if, we advertise bitcoin on T.V.?  (Read 47967 times)
speem28 (OP)
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May 14, 2017, 11:30:24 AM
 #161

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
If bitcoin was advertise in the television bitcoin will be more popular because it will be caught on attention by people who watch it. It may be accepted by the government and it can declared as a legal currency and people who use bitcoin will increase.
Yes, its a good way to spread some awareness to people who still doesn't know about bitcoin, but I doubt that it will still be hard on the government to accept the use of bitcoin.Also, as they said, it is hard to advertise bitcoin because no one will fund it in the first place and I also think now that we really don't need to advertise it anymore because it will still get to be known in the world.
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May 14, 2017, 11:45:55 AM
 #162

it is the fastest way to advertise bitcoins on tv .then many people will adopt bitcoin with that the users of bitcoin inerease rapidly so the demond of bitcoin will increase and the price will go higher and the investers will earn a good profit
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May 14, 2017, 11:49:34 AM
 #163

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

This would probably raise awareness to the people who doesn't really know about bitcoin. It will also increase the demand of bitcoin to the market. But the advertisement should include its advantages and ways of how it is going to be used. Many people really doesn't have idea about bitcoin. So better we have these kinds of advertising techniques.

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May 14, 2017, 12:02:39 PM
 #164

Advertising bitcoins in a tv station will affect users alot,we can educate more users and we can attract more users to come and feel how we earn in bitcoins
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May 14, 2017, 12:16:24 PM
 #165

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

This would probably raise awareness to the people who doesn't really know about bitcoin. It will also increase the demand of bitcoin to the market. But the advertisement should include its advantages and ways of how it is going to be used. Many people really doesn't have idea about bitcoin. So better we have these kinds of advertising techniques.

An effective advertising indeed not just any other advertisements. An advertisement that will explain the Bitcoin system in a way that is much easily understand especially by those people who have not encountered it nor have any idea regarding this. This also is a great opportunity for Bitcoin to be known and gain a lot of users and unravel some new capabilities of Bitcoin which will greatly benefit us all.
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May 14, 2017, 12:23:25 PM
 #166

I see a few problem with this idea.
We should first think about our target.
Young people, middle age, old people?
Who watch TV?
If our target are young people, than we should focus on social media, not TV.
Also, who should organize such promo campaign?
Who can finance it?

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May 14, 2017, 12:47:16 PM
 #167

All who say that bitcoin commercials would be great blah blah. Stop. Of course, TV Ads would be a good way to bolster BTC popularity but they won't happen, ever.

They only way you will see any even remotely related to BTC TV commercial would be situation,
where big company linked to BTC somehow: Coinbase, Gemini, maybe Purse or Bitwala will have a TV spot, advertising their services.

That is the only viable situation which will indirectly promote BTC which can realistically happen in the future.



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May 14, 2017, 12:50:41 PM
 #168

I don't know if Tv commercials could affect significantly the bitcoin and knowledge that people have about it. Many people are watching commercials but without actualy paying attention what the commercial is all about. Also, it wouldn't have the same affect in all countries and the problem could be the audience, who are the targeted people?

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May 14, 2017, 01:05:06 PM
 #169

Rather than advertising Bitcoin as a currency, we should advertise Bitcoin-based ventures such as the payment solutions (BitPay, Coinbase.etc), exchanges (Bitstamp, Kraken.etc) and market places (Bitify.etc).
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May 14, 2017, 01:08:47 PM
 #170

Anything on the will have to go mainstream and it is very costly. Bitcoin is not a corporation so who will pay ? The best bet is to advertise a certain Bitcoin service or services that is Bitcoin already to introduce new people bit not advertising Bitcoin as itself. I think it can work and we should be seeing more ads like this in the years to come.

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May 14, 2017, 01:25:53 PM
 #171

In as much as it's a good idea we should ask ourselves at whose expense are we going to advertise Bitcoin on tv? I don't think it's feasible but when it becomes possible I will support it, no doubt.
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May 14, 2017, 02:35:22 PM
 #172

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

 i think it is good but, if that will be happen, i think government might be doing something , they will be legalize it but, they will implement a law and put taxes in every transactions that we make, they will also limit us. The reason why people get interested to bitcoin is that, we are free here, we can make tramnsactions anytime but having a fee but in a little amount, we are free to earn.
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May 14, 2017, 03:30:12 PM
 #173

This is a fun idea, however there is no one willing to start a big canpaign such as this. There is also the fact that not many know about the topic of bitcoin and will most likely misunderstand it as a simple investment like in mutual fund. What we need is to educate the people about this and its pros and cons. That way, many can be more aware of it. TV would seem like you are just selling to them.
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May 14, 2017, 04:44:45 PM
Last edit: May 14, 2017, 04:57:40 PM by Mpamaegbu
 #174

Anything on the will have to go mainstream and it is very costly. Bitcoin is not a corporation so who will pay ? The best bet is to advertise a certain Bitcoin service or services that is Bitcoin already to introduce new people bit not advertising Bitcoin as itself. I think it can work and we should be seeing more ads like this in the years to come.

You're right. But let me quickly add that there's no way Bitcoin can be directly advertised and the cost incurred from such an advertisement paid for by a single individual as Bitcoin is an open source.

However, shops and business ventures accepting Bitcoin can advertise their services and mention that they accept Bitcoin. That way awareness is created about Bitcoin.

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May 14, 2017, 05:29:08 PM
 #175

For me thats a really a good eays if we really want yo spread the knowledge about bitcoin in many people making advertisement is a good move since many people watching tv they can catch up some ideas or just having a small knowledge about crytocurrency is a good start for them for investments.
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May 14, 2017, 05:35:04 PM
 #176

For me thats a really a good eays if we really want yo spread the knowledge about bitcoin in many people making advertisement is a good move since many people watching tv they can catch up some ideas or just having a small knowledge about crytocurrency is a good start for them for investments.

It is agreed that it can raise awareness on Bitcoin but the main concern is, who will finance it?  Would you finance it?  Definitely I won't because I am not incentivised to do so unless I have a store that needs advertising.  I agree that let the circumstances put Bitcoin in TV, and Social Media is way cheaper plus it reach out people who are already knowledgeable in using the internet.
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May 14, 2017, 05:41:01 PM
 #177

For me thats a really a good eays if we really want yo spread the knowledge about bitcoin in many people making advertisement is a good move since many people watching tv they can catch up some ideas or just having a small knowledge about crytocurrency is a good start for them for investments.

It is agreed that it can raise awareness on Bitcoin but the main concern is, who will finance it?  Would you finance it?  Definitely I won't because I am not incentivised to do so unless I have a store that needs advertising.  I agree that let the circumstances put Bitcoin in TV, and Social Media is way cheaper plus it reach out people who are already knowledgeable in using the internet.
Like most thing it will likely either have to be a large community effort (although people probably won't want to spend that much individually) so something like that would likely have to be done by a company with a stake in Bitcoin, be it Coinbase, Kraken or whoever. I don't believe we would be able to get enough people interested and willing to pay for an advertisement and work on it.
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May 14, 2017, 05:48:04 PM
 #178

Who would advertise BTC on television would be a business using Bitcoin. They wouldn't advertise Bitcoin itself, but the service they are running and that is dealing with Bitcoins. But at this moment, I think there isn't any business who is able to do it. Television time is expensive and there are cheaper and more useful methods to advertise, on the internet.

I also believe the television spectators aren't the public focused to adopt Crypto-Currency, at least for now.

 
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May 14, 2017, 05:48:44 PM
 #179

And who will pay for that?
It will take a lot of dollars and I dont think someone is willing to do it.
If anyone wants to try to get donations for that kind of advertisement no one will trust it. What if he suddenly run and just takes all the money.
This could be done by the whales only and they will only do it once the bitcoin fall and they need to bring it back to get all their target price.
Conclusion: It can't be done.
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May 14, 2017, 05:51:58 PM
 #180

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

Why would we want to advertise bitcoin in public at this point in time knowing that we cannot move forward with either SegWit or bigger blocks? Besides, bitcoin is already getting the attention that it needs with the help of the price going through the roof yet people are still skeptical about it. What we need to focus on is how are we going to solve the issue (if there is one) in scalabiity for the long-term.

Also, no one would be willing to pay for it anyway.
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