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Author Topic: Do you trust celebrities endorsing cryptocurrencies?  (Read 21793 times)
Dewar Noise
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June 23, 2018, 08:22:10 AM
 #141

it depends what crypto endorses if the crypto looks interesting and has good future prospects, maybe I will trust it, but difficult to determine whether the new crypto has a good prospect or not
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HeraldoCrypto
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June 23, 2018, 08:32:47 AM
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 #142

I think most people understand that celebrities endorse projects because they were paid to do so (there may be a few exceptions that are guinely interested).
Unless they're somehow involved in the tech world, I don't think anyone takes them seriously.
Bitcoin Cash is a catchy tune by Lil Windex, but I don't think many people are looking at it like legit investment advice
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June 23, 2018, 08:36:24 AM
 #143

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Are you kidding me? Those people, especially celebrities are just there because they are being paid. It doesn't mean that underlying project of the cryptocurrency will definitely be successful. It just means that they have money to burn.

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maxreish
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June 24, 2018, 12:06:48 AM
 #144

Most of the time I don't want to hear what these celebrities say, because most of the time they say things that affect the whole market too much.
So that's not a good thing.

Correct. And not all celebrities are trusted. They are just used by cryptocurrencies to increase the popularity of their coin. Thus also increased their value. But usually, their endorsements are full of scripted lines and didn't really understand cryptocurrency.
Lostchickens102
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June 24, 2018, 12:21:40 AM
 #145

Of course I do trust them, they can influence people they are known and certainly won't be part of any scam. Why? Consider that the ICO or any coin endorsed has to pay their price and why would such a fake ICO enter into such agreement? Certainly these celebritites would pull a lot of investors because of their influence.
Papcio77
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June 24, 2018, 12:39:42 AM
 #146

Maybe yes, using a known celebrity is a good advertisement and can create a hype for the community. Well if a project use celebrity it seems a good project, capability to funds their activities to introduce the project. One thing more, the team is transparent, celebrity must see the team for sure so risk to invest
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June 24, 2018, 12:41:10 AM
 #147

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

I think it's okay to do that as well as celebrities because it's everyone's right to invest and become cryptocurrency up to us to be a professional and reliable cryptocurrency we have to learn even celebrities
sabine80
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June 24, 2018, 12:42:13 AM
 #148

there is only one answer, no. they would probably say everything and cheer for money (i would also do it for money). but u still do not listen to celebrities.
seyola89
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June 24, 2018, 05:33:32 AM
 #149

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Celebrities endorsing Cryptos does not mean that the project is 100% legit. It's part of marketing strategies to get more people to hear about the project and the celebrities are paid for it and won't be responsible for your loss
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June 24, 2018, 05:35:55 AM
 #150

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
And how do you reliably know that they support crypto-currencies. For them, this is easy earnings from advertising, and for this they can say whatever they want. But even so, they are the same investors who are just as risky as everyone else.

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June 24, 2018, 01:43:56 PM
 #151

I do not think it's a form of support, but just an advertisement and they are celebrities paid to do the advertisement.
but in my country too many celebrities are investing in the world of cryptocurrency, but not all of them and they also do not publish if they support the world of cryptocurrency even though many of them are investing.
skorupi17
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June 24, 2018, 01:56:57 PM
 #152

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

There's nothing wrong about this one since this is a part of marketing. Celebrity endorsement has no bearing, in reality, if we are talking about the capability of that coin. This is more of marketing and nothing more. Although endorsement from well known celebrity could help the price increase, this is an unhealthy increase. Expert or well experienced traders will join this hype and then weak hands follows. After the experienced traders made their cut, they will just sell out and then the market crashes.
AlphaGoo
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June 24, 2018, 02:08:59 PM
 #153

I do not want to believe their opinion. I do not believe whether their views support or oppose them. I only believe my own opinion. I think cryptocurrencies will have a good future.

N-gen
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June 24, 2018, 02:16:26 PM
 #154

I really do not trust them, I'm sure the celebrities, do not know not even understand what crypto currencies are, they only think about the money from endorse ads. which I believe is if experts like Vitalik. celebrities, they are just someone who paid for advertising, not to participate in investment.
markalis
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June 24, 2018, 02:17:41 PM
 #155

actually i do not really believe it, because that's just part of endorse marketing strategy. they do not fully support the ico

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June 24, 2018, 02:20:37 PM
 #156

i wont trust anyone of them , why because they dont have any idea's what they are endorsing
they just paid to do that, but knew nothing about it personally, i would just do research and
try to look if its really worth it, there is nothing wrong with not trusting people, when it comes
to money you should trust no one, only yourself, because money changes everything even
your close friend

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Somthison
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June 24, 2018, 02:24:36 PM
 #157

It's just advertising and investors should try to avoid that kind of ads, there's a big chance that these people don't have knowledge of the subject they're
 propoting. Maybe if they are known as some kind of expert of the subject I will listen to them.
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June 24, 2018, 02:31:24 PM
 #158

Some of them I trust. But, many of the famous people make PR action for different types of Altcoins only to get a money. Not so long in BTT in the thread of "Alternate cryptocurrencies" was a theme where the author collects events which take part with celebrities for cryptocurrencies.

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June 24, 2018, 02:34:57 PM
 #159

Celebrities must know cryptocurrencies better than us? I think this reason is not valid. Many celebrities have achieved great success in some areas. However, in the world of cryptocurrency, they may just be novices, so their opinions are not necessarily correct.
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June 24, 2018, 02:39:00 PM
 #160

When it come to general celebrities (like doctor Strange or Supper man), I dont trust. Who are they ? they are actors, they act as directed.
 
But when it come to people that can consider "celebrity" of block chain/crypto world world, the advisor of trust fund, I mean people has their hand directly, who works for years on the cryptos/block chain. I will take it as serious consideration, it will be  nice tipping for further digging.


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