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Author Topic: What if, we advertise bitcoin on T.V.?  (Read 47966 times)
iluvpie60
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May 15, 2017, 05:05:26 PM
 #201

Good idea honestly. If enough people took a percentage of their signwture campaign earnings and advertised bitcoin in their local places. We could print fliers or something!!
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May 15, 2017, 07:02:03 PM
 #202

You can't advertise something which most of the people will never truly understand or want to understand or need to understand, talk and make thousands movies about space exploration and going to mars, you think everyone go sign up to go to the mars?

Bitcoin is good, actually it's a 21st century's miracle but is not intended for everyone and it wasn't designed to be used by all people.

Many people are occupied and are busy as it is with their routine daily lives and jobs, they already have their own ways of making money and deal with traditional banking system, they would consider spending time on learning and researching cryptocurrencies as a waste of time or simply unable to find some spare time for it and take it serious as we are right now.

Current generation doesn't need technology and can't understand the importance of internet, only future generations can cherish new era of modernity.

If it is advertised properly accompanied by education it can work. But yes it needs to be simplified because most people are too last to learn something new.
The main thing is to create something where bitcoins payment will look like an option and nothing specia, not agressive marceting or people will accept it negativly as some ney scam scheme.

It has to be done just right. something very friendly. Maybe focusing on the charity aspect of bitcoin.

jakelyson
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May 15, 2017, 07:06:01 PM
 #203

The transaction fee is still the same, people are calling it as high fee because what can you expect with the price increase? I know in the future everything will be fixed and people will not complain about it. That's why if bitcoin will ever be advertised it will be effective just like what is being market online.

Nope, the fee is bloated. In the past years, you can still send tx with fees below 100 sats per byte and confirm in few minutes. But now, you are lucky if your 200 sat per byte tx fee gets confirmed within a few hours. You cannot compare fees in dollar, because fees are not computed on fiat value but the size of the tx.
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May 15, 2017, 07:07:50 PM
 #204

If bitcoin is advertised on television sets then many more people will get aware about it and if it is promoted by some film stars or by super models then it will be an added advantage as people follow them and it will make them to follow their favorite stars and may start using bitcoins in future.
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May 15, 2017, 09:27:56 PM
 #205

The transaction fee is still the same, people are calling it as high fee because what can you expect with the price increase? I know in the future everything will be fixed and people will not complain about it. That's why if bitcoin will ever be advertised it will be effective just like what is being market online.

Nope, the fee is bloated. In the past years, you can still send tx with fees below 100 sats per byte and confirm in few minutes. But now, you are lucky if your 200 sat per byte tx fee gets confirmed within a few hours. You cannot compare fees in dollar, because fees are not computed on fiat value but the size of the tx.

Yes the adjustment with the fee is there but I really don't know why people are complaining about the fee because I still consider it as cheap one with the usual method of sending money with the use of any remittance method. I just hope that there will be no negative result if bitcoin will be advertised by someone on a national television.
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May 15, 2017, 10:13:33 PM
 #206

The price will adjust according to commercial rate of the television policy, there will be no difference on this matter, It will be very easy if bitcoin is acceptable in wallstreet or other big trade market, it will automatically appear bitcoin advertisement on newspaper and will continue on advertising on tv, but it's more effective to now advertise it on advertisement websites in collaboration with google adsense.

Fireblade
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May 15, 2017, 10:38:57 PM
 #207

It will make bitcoin more popular and can attract a new users, but it will create controversial because some people don't like bitcoin because they assumed that bitcoin is used to support terrorist and doing illegal things and it also can increase the government awareness which can lead to regulation, so it is better to not advertise from tv, but from social media and news
I guess advertising it on national television can be a good thing or can be a bad thing. Well ofcourse not all the people are thinking the same if others want or truely understands what is bitcoin they will not hesitate to try it, but ofcourse some people does not want to know about athin or two about it. That is why it is better not to advertise.
yes that is very right if we introduce bitcoin it will be really good n the favour of bitcoin because still most of the people do not know about the importance of bitcoin and i think still it will take some more time time therefore to me i think in we introduce bitcoin through TV it will be in its favour. specially in those area where the bitcoin users are not too much. 
Senja Kemuning
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May 16, 2017, 01:16:49 AM
 #208

I think this is a good thing, with advertise on tv then it will increase user bitcoin more significant. I'm sure someday there will be a bitcoin on various ads like banners, radio to the newspaper.

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PhilPrime
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May 16, 2017, 01:26:51 AM
 #209

I think this is a good thing, with advertise on tv then it will increase user bitcoin more significant. I'm sure someday there will be a bitcoin on various ads like banners, radio to the newspaper.

This can help,but to be order to accommodate new users ,bitcoin needs to develop its service in accordance to its delay and transaction fees,more user ,more projects and investor may attract but bitcoin must be ready to a bulk transactions that are urgent.

hisuka
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May 16, 2017, 01:51:04 AM
 #210

This is what Im thining if bitcoin will advertise on the TV. The question is who will behind this thing. Maybe if there is company that run a business and their using bitcoin would this be fine. And, this is a big help to attracts more user into bitcoin. But before doing so, bitcoin should resolved the issues like delayed receiving of btc and etc.
The_prodigy
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May 16, 2017, 04:33:55 AM
 #211

It will make bitcoin more popular and can attract a new users, but it will create controversial because some people don't like bitcoin because they assumed that bitcoin is used to support terrorist and doing illegal things and it also can increase the government awareness which can lead to regulation, so it is better to not advertise from tv, but from social media and news
I guess advertising it on national television can be a good thing or can be a bad thing. Well ofcourse not all the people are thinking the same if others want or truely understands what is bitcoin they will not hesitate to try it, but ofcourse some people does not want to know about athin or two about it. That is why it is better not to advertise.

it will reach out the peoples interest and the government interest as well. they will research for this and they will make a law to this . some other countries may prohibit it, they will put a very high taxes and the marketing companies may put a high payment for every minute on air. i think can we make us this private , i mean not televised on tv to prevent the government to use this to charge us big.
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May 16, 2017, 08:00:24 AM
 #212

It will make bitcoin more popular and can attract a new users, but it will create controversial because some people don't like bitcoin because they assumed that bitcoin is used to support terrorist and doing illegal things and it also can increase the government awareness which can lead to regulation, so it is better to not advertise from tv, but from social media and news
I guess advertising it on national television can be a good thing or can be a bad thing. Well ofcourse not all the people are thinking the same if others want or truely understands what is bitcoin they will not hesitate to try it, but ofcourse some people does not want to know about athin or two about it. That is why it is better not to advertise.

it will reach out the peoples interest and the government interest as well. they will research for this and they will make a law to this . some other countries may prohibit it, they will put a very high taxes and the marketing companies may put a high payment for every minute on air. i think can we make us this private , i mean not televised on tv to prevent the government to use this to charge us big.

Advertising it may lead to government interest on putting big taxes and may make bitcoin service poor or more delay ,now its service is getting worse in terms of transaction delays and fee ,what more if it will be televised and a lot might try it and get disappointed to its  delay that may cause more destruction on bitcoin name.

DoublerHunter
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May 16, 2017, 08:05:01 AM
 #213

It will make bitcoin more popular and can attract a new users, but it will create controversial because some people don't like bitcoin because they assumed that bitcoin is used to support terrorist and doing illegal things and it also can increase the government awareness which can lead to regulation, so it is better to not advertise from tv, but from social media and news
I guess advertising it on national television can be a good thing or can be a bad thing. Well ofcourse not all the people are thinking the same if others want or truely understands what is bitcoin they will not hesitate to try it, but ofcourse some people does not want to know about athin or two about it. That is why it is better not to advertise.

it will reach out the peoples interest and the government interest as well. they will research for this and they will make a law to this . some other countries may prohibit it, they will put a very high taxes and the marketing companies may put a high payment for every minute on air. i think can we make us this private , i mean not televised on tv to prevent the government to use this to charge us big.

Advertising it may lead to government interest on putting big taxes and may make bitcoin service poor or more delay ,now its service is getting worse in terms of transaction delays and fee ,what more if it will be televised and a lot might try it and get disappointed to its  delay that may cause more destruction on bitcoin name.
I don't think that the government will do that if ever that we will advertise bitcoin on T.V because if they see bitcoin as a great currency and also a lot of their country men use it then they will support it because they can get benefits also by investing in bitcoin and charging the possible transactions like in remittances but government will never charge big amount on bitcoin because it will be a bad move.
btcforall777
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May 16, 2017, 05:40:51 PM
 #214

Who is "we"? Herein lies the problem. There is no person or organization that will do that because nothing is in it for them / not cost effective.  This is bitcoins biggest flaw.
espante
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May 16, 2017, 05:46:51 PM
 #215

Who is "we"? Herein lies the problem. There is no person or organization that will do that because nothing is in it for them / not cost effective.  This is bitcoins biggest flaw.

Its actually considered by most to be its biggest strength, anyway there is no need to advertise bitcoin because it advertises itself.
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May 16, 2017, 07:58:44 PM
 #216

Sure! It would make some impact on those who would wish to want to know more. Nevertheless, TV ads are very expensive unless some of the big players want to find a way to integrate it in their adverts. For example,a store after their advert showing something beneath the screen like "BITCOIN ACCEPTED" at the end of their advert.
Some of this little little flashes would make people want to know and dig more information about it. Even if I had been hearing about btc faintly before, seeing something like that would make me want to find out so I won't be left out uninformed.
Anyway, with the way some uninformed government of some countries are taking the whole btc thing legally, I am not sure it may fly.
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May 17, 2017, 02:31:38 AM
 #217

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?
Indeed, being advertise the bitcoin in television will be helpful on attracting more people to use bitcoin. However, it will cost expensive to advertise it. If bitcoin is being advertise it will become pupular and yet it will be legalize in many countries.
ye it cost much to advertise then who like to advertise the bitcoin? well it is ok if the owner of bitcoin would advertise then the bitcoin will additionaly increase.

Yes you are right however nothing is impossible for bitcoin users especially if she/he has a enough money. Since bitcoin has a high value now and if you have enough funds you could just use it to advertise bitcoin. Being popular would be helpul to attract more users.
Unless you had a huge amount of coins and a huge amount of fiat too I don’t see the point of trying that strategy in bitcoin, and even if you did have a lot of fiat wouldn't be better to just use that money to buy even more bitcoin and wait for the price increase?
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May 17, 2017, 02:38:29 AM
 #218

TV is a working media for successful marketing.Ii bitcoin ads will be shown in TV , the people will know a cryptocurrency is alive. I think we may see some tv ads in near future from bitcoin related local services in few countries to promote their services.
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May 17, 2017, 02:42:05 AM
 #219

I guess media is there who are explaining bitcoins on T.V ,but the explaination is of very poor quality.On the other hand,They dont even explain where you can buy bitcoins or sell bitcoins.They only speculate about it as the price of bitcoins and the future price which is unnecessary to say as future is unpredictable.
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May 17, 2017, 02:55:15 AM
 #220

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?
It's not a great idea and in fact, bitcoin would not advertise in television since they don't need it. Their market is big enough and they have succeed already in their market. In the other hand, advertisement in television would be worth it for merchants that accept bitcoin.




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