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Author Topic: Funding a movie with Bitcoin possible?  (Read 1892 times)
Chanock
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October 11, 2017, 04:34:57 AM
 #61

Maybe movie industries will use bitcoin soon for movie funding. Nowadays everything are possible and because bitcoin is continuously rising movie i'm pretty sure that movie industries will use bitcoin to produce new movies.
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Fujiati
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October 11, 2017, 05:12:36 AM
 #62

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

hy bro .. to make a movie with the budget it would be able to make a movie, but to pay people related to the making of the movie certainly with money, even if you have bitcoin of course you will exchange it say to USD to membanyar film, director and other. It is not like that ?

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December 28, 2017, 02:03:12 PM
 #63

Well it is much possible since it can be exchange to other current currencies. The only problem will be if the director, producers, staff and the actors/actress will take the Bitcoin as the payment. It can be it the parties agree to it. But if will be a disadvantage if the price went down in the time of payment.
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December 28, 2017, 02:44:15 PM
 #64

Yep it is possible, making a big movie requires a million budget. Funding it with bitcoins will help the producers to create it. But the process might to long if they don't easily get it or exchange it to physical money.

 
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maaydin
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December 28, 2017, 03:07:25 PM
 #65

I believe that it would be possible even if they are in doubt to accept it or not there is a reason that you can cash out your btc whenever you want which makes the coin valuable and people wouldn`t refuse it.
kokobaba880
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December 28, 2017, 03:15:51 PM
 #66

As the bitcoin is started accepting every where for bigger transaction so it is true to say that bitcoin will be use to fund the movies it is very easy and profitable to come to the bitcoin. In other currencies you can make many payments but in bitcoin you will pay in BTC or you can exchange it to other coins as well. Like all this bitcoin is used for many investments and other funded jobs like Non profit organisation and other banks etc are invested much amount in bitcoin and it is expected that the countries will allow digital money.

datodota002
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December 28, 2017, 03:24:26 PM
 #67

you have to do some testing fund movie in small scale and find out if the production can be done with all bitcoin or not. because you dont know if there is some property or equipment for filming that cannot buy with bitcoin.
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January 13, 2018, 01:51:51 AM
 #68

I think it is a bad idea to fund a movie via Bitcoin. We all know that Bitcoin changes its value each time, each day so it will not be appropriate. If in the contract you settled a amount of Bitcoin and at the end of the production the Bitcoin fall its price, then its staff and actors will be depressed and will not be satisfied with the payment.

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January 13, 2018, 02:01:22 AM
 #69

Instead of doing a movie, why just do some documentaries since it has the same purpose to share information to others. Who will be the cast of characters? Who will be the director or the cameramen? And how can you make a movie with the creator shrouded in mysteries? This is not a good idea for me.

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WhaleSlayer
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January 13, 2018, 02:37:36 AM
 #70

I don't understand why you would want to finance it with someone else BTCs. If you need money you need money, no matter in which form. BTC holders are NOT more likely to finance your film than any other FIAT based rich person.
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January 13, 2018, 04:58:18 AM
 #71

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

maybe it could be possible but I don't think that this is a good for the investor because besides bitcoin price is too volatile, I think they only want to hold their bitcoin. but I think there will be any people which have a big amount of bitcoin that willing to invest his bitcoin to the movie and he wants to try to be the investor in the other section so bitcoin will spread more in the movie industries.



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