Increasing number of celebrities endorsing cryptocurrency

[sulendra12]

In Indonesia, we have also that kind of thing. Celebrity endorses cryptocurrency with making an advertisement and uses TV as a medium to educate people so they know what is the cryptocurrency and why cryptocurrency is really important in this world until now.

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[Sithara007]

Celebrities endorsing Bitcoin (or any other cryptocurrency) may be a good thing, but I am not much bothered about it. Once Bitcoin becomes mainstream (within the next 2-3 years), they will be forced to use it anyway.

[Veronika94]

Many celebrities are more likely to advertise the Critical Currency, but not to it.  They have so much money, they hardly need to deal with it.

[nightxglow]

It sure a good thing if celebrities endorse cryptocurrency, it's like we get free advertisment from them, and what they do might help to attract more people to know and invets in crypto world.
I hope with this, people will be aware of cryptocurrency existence, and stop having negative perspective about them. But still, it may be great if the new upcoming crypto users won't be those panic sellers that might contribute to the market dump, they better know cryptocurrency well and don't just make everything even worse.

[longyenthanh]

In Indonesia, we have also that kind of thing. Celebrity endorses cryptocurrency with making an advertisement and uses TV as a medium to educate people so they know what is the cryptocurrency and why cryptocurrency is really important in this world until now.

That is good cause everything that make crypto more popular is for me good, cause faster it gets known around the world it will be faster legal worldwide and we will be able to purchase more and more things using it.

[Popov_popov]

And that they still have, except how to invest in the promising currency and advertise it.

[bitbunnny]

I don't t think that many of these celebrities are truly interested in Bitcoin. To my opinion this is another way for their promotion. They see cryptocurrencies are popular so they are trying to use this trend for their popularity. Some are even making their own cryptocurrencies.
Still this helps to promotion of cryptocurrencies because if fans see their idols are using Bitcoin they would like to do the same too.

[virarara]

Wow this is good news and this idea is good enough for bitcoin popularity. It may increase the bitcoin price and increase the quality of bitcoin to the countries of the world.

[buternasek]

I think this will have little effect on the bitcoin market, owen is an athlete who has fans all over the world.
I think with this bitcoin will be better known.
and I think this way faster introduces bitcoin to the whole world.

[kxp]

But this is not feasible at all, i think that it all depends on if they are really holding them, or if they arej ust trying to spread the word about that coin as much as possible (sometimes they get paid in order to promote some coins)

[gamalzour]

I like Owen, and the 2 boxers too, mentioned in the article. But not sure how seriously I could take them, when it is about investing.

This is just going to endorse investment in crypto currency. In an article few days ago, I read that facebook is also looking forward to investing in crypto which is going to affect the demand for the crypto because facebook’s investment will spread the word. Also more and more celebrities starts investing in Bitcoin and other coins, the more the technology grows and the fans of such people step in as well.

[netil]

sooner or later it had to happen. apparently the market of clothing and perfume was not enough for them. on the other hand, the popularization of crypto can not be superfluous. the main thing is that people would soberly assess the degree of participation of celebrities in this process and understand that they just sell their brand, and do not develop their own crypto currency.

[LianaSie]

It is always good, when cryptocurrencies get some extra spotlight. But don't think it will have a significant impact anyways.

[raking]

I think Bitcoin and electronic money are a great opportunity for many people to invest and make a profit. Celebrities are no exception. So they will always find good opportunities. Besides, they are hired to promote the image of a certain currency, which is very easy to help it and many people know it.

[Sengoko]

Yes, a lot of celebs do that. Owen has a huge fan following and he promotes owen coins.

When celebrities show interest in something, there is direct effect to popularity of bitcoins. Most of the times, these celebrities have been a tremendous source of fame for a thing that they event don’t care about. And now here is the case is totally defend. These famous people are owing these coins and hence so many other followers are accepting them as well.

[thebanker28]

I think you need to be wary of products and services with "Celebrity Endorsement". Some times they might be well meaning and believe in what they are putting their name to, but there are a multitude of examples where it is simply a way for them to profit from their name.

[NH]

it will make crypto more popular. they, popular people bring cryptocurrent on their side. advertise something to attract people though they dont know about crypto. but its good, can make crypto price increase slowly.
in my country, the owner some coin make deal with actress or actor to bring their brand, maybe they know in my country many bounty or investor. so to make it sure, they made good choice with them.

[margaret22]

Kindof have the same feeling as with Ripple. Owen coin does not realy bring the same adventages, as Bitcoind, in the form of decentralization for example.

[Asawakobana2017]

I think increasing number of celebrity is a good sign. And it is really the start of the crypto will maybe rise. Because if these was real maybe there are so many investors that is becoming more interested, and invest into it and maybe the volume will start rising same with the price. Crypto is amazing it will maybe become the future of money in the modern world.

[hisuka]

Many celebrities endorsing cryptocurrency as to have more users investos attract on the project. A lot of celebrities  doing this endorsing crypto and it become a hype but once project finish sometimes it does not become successful. So we should also consider to search if this is worthy to invest.