Is there a disadvantage in the publicity of cryptocurrency?

[Jake_Shannen]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

[muhammedayo1]

BTC in particular started to have negative impact when CNN was shilling it.

Most people coming in didn't get what Blockchain technology was about, they saw it as a new get rich quick investment.
The new money they brough into market was cashed out on a small retracement, that's what brought us to where we are today.


Bad advertisement.

[Tatzky]

People say whatever they want after the publicity of cryptocurrency they will say a lot of negative comment but making it known all over is a good thing... Like they will know its possibilities as well.

[big_bankir]

Negative influence on cryptography advertising can have only if the advertising materials indicate that the cryptocurrency is a divorce and a bubble. In other cases - any advertising has a positive effect on the cryptocurrency.

[Bellator]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

Publicity has a very big impact in the cryptocurrency community.This enables us to learn more about virtual currency..but we can't deny the fact that publicity might be positive or negative and some of it were FUDS.People who have less knowledge in cryptocurrency  have less patience to earn more knowledge and believe in the circulation of rumors about it..but we can deal with it because we already know bitcoin and lets continue to look forward for a positive outcome of its existence.We will remain positive on thia bearish market because good things has yet to come in the following days.

[aoluain]

Overall publicity is good for bitcoin and crypto.

Ok there will be those who never invest because of negative publicity but overall there will be more adoption.

I was here on this forum all through 2017 and with all the negative publicity and fake news stories about
bitcoin and crypto we are still here and bitcoin has not been killed.

ANY PUBLICITY IS GOOD PUBLICITY

because it piques more peoples interest and curiosity, where they otherwise may not have known about it.

[huntingbtc5]

Positive marketing is always good for cryptocurrency. It attracts more people to invest on it. But unfortunately there are many negative advertising happening today. Mainly many medias tends to show the bad sides of bitcoin only. However this is also marketing. And any marketing is good for cryptocoin.

[avikz]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

Crypto has not yet reached the critical mass so advertisement is very much necessary for the growth of it. A majority of world population have not yet heard about it and a lot of misconceptions are engulfing their thought process. So positive advertising is really needed at this point of time.

The negative effect will only be seen if a well known international publicity houses like CNN or BBC start negative campaigning about it. Especially older people will less risk taking capability will be effected by such negative publicity.

[btccashacc]

Disadvantage in the publicity of the bitcoin is when people see it as investment tool, they just get into it buy as much as they can and dump the price, bitcoin supposed to be a currency but sadly people didn't see this they just think it's something that can make you rich in one day, hoping this point of view is changed.

[Pamadar]

With the hyped overtime in any venue of internet, the negative effect that brought was been also used by scammers who created ponzi and scam project, many scammers created their own versions of investment scheme, and with those opportunist who thinks that they can gain easy money out of this system they became a victim and now also spreading the news about bitcoin in all venue, they are now bringing negative news and information about crypto / bitcoin, there's always negative even more of us here wanted to bring light about how to manage gaining decent earnings from cryptocurrency.

[cryptostardom]

Publicity of Bitcoin is notably advantageous to its growth. However the questions is what do the the crypto community publicize of and what influences people to join the crypto community?
One major thing that could be found in most crypto publicities is the fact that crypto investment is very profitable. This cause people to adopt crypto without much knowledge of it and this cause them to get disappointed easily when the market isn't favouring them.

[funsponge]

Of course there is good and bad news affects the price of Bitcoin often and without the popular websites spreading this news Bitcoin would probably be a lot more stable than it has been this year. But this can also work to your favor if you are a keen trader.

[b3llsf1l3s]

Of course there is good and bad news affects the price of Bitcoin often and without the popular websites spreading this news Bitcoin would probably be a lot more stable than it has been this year. But this can also work to your favor if you are a keen trader.

unfortunately, nowadays more seems to be the weakhands because the fall of bitcoin prices is more than expected, and I think for this year, bitcoin will fail to reach new ATH again because the hype that occurred in last year was purely the effect of excessive publicity crypto

[vnck25]

I can't think of any major disadvantageous of promoting cryptocurrencies among the general public. This will obviously bring in more investors to put money  into cryptocurrency market! This will lead to more job generation, more cryptos being used in our daily lives instead of fiat currencies as well as making many more rich people thanks to investing in ICOs and cryptocurrency trading.

[mineko]

I think the negative crypto is good, because I hear cryptocurrency has a selling price too, and do not be afraid if crypto does not have a trade value.

[ajqjjj]

Many peoples are understand in negative crypto but good traders are know the exact possibilities because some negative comment is reach the entire world but good comment is slowly reached this is one kind of promotion because again this will raise in previous value everyone understand the crypto potential.

[inv_ker]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

Tremendously yes! Like what it did to bitcoin. People tend to just listen and believe what they just heard or seen. And media really gives bad impression to cryptocurrencies.

[Mcdacillo]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

In my opinion, making bitcoin publicize of course will have a negative and postive. So, for negative. I think if bitcoin will be learned by all people in the world maybe there is a chance that bitcoin will become regulated by the government since it will become the more used currency than fiat or the real money that we use in everyday. Also bitcoin will be more used in gambling or in any site that offers bitcoin to create crime.

[peacefulpeace]

it ok the utilize the potentials in publicity to the benefit of bitcoin, its a paradigm shift in the right direction, but the disadvantage i forsee is that due to the anonymous nature of cryptocurrency, fraudsters may use the medium to defraud investors who may not get the basic information of whom they are transacting with.

[Herbys]

Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?

Most people who have heard of cryptocurrencies know Bitcoin, Ethereum and maybe a couple more. They Bitcoin associates with the entire market crypto, but I do not understand why it is needed, except for speculation.