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Author Topic: Do you trust celebrities endorsing cryptocurrencies?  (Read 21793 times)
Howard1102
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June 13, 2018, 06:48:45 AM
 #21

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Famous people have a say in the community. This is also considered a double-edged sword. If they support bitcoin, then this is a good thing. But if they hate and fight with bitcoins, then there will be a lot of problems happening
Tokens.info
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June 13, 2018, 06:53:27 AM
 #22

No, you shouldn't. It's all marketing and in most of the cases it's a huge red flag for scammers. Most of the time it's a paid advertisement more than it's an actual involvement in a project and in some cases the celebrities have no idea what they are saying or doing and are simply following a script. And it's not only about celebrities. You shouldn't believe everything people say on the internet because you never know who is paying who. You should always do you own due diligence before investing in a project and sometimes even trust you gut, but don't take people word for granted.
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June 13, 2018, 06:53:49 AM
 #23

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

I dont trust any people especially celebrities that endorses cryptocurrencies because for all we knew that they know nothing about it and was just paid to say something good or benefecial to the one that they're endorsing. If you want to trust cryptocurrencies, then investigate their products, their vision, their community and their overall team. If its satisfies you, then trust and invest from them then.
luutaek250
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June 13, 2018, 06:54:57 AM
 #24

not really they just endorse and they got paid. I think they dont know that crypto did really exist  Wink Wink
puttkim
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June 13, 2018, 06:57:13 AM
 #25

I do not believe. For example, Bill Gates said to do empty cryptocurrency and the like. I think their strength is not enough to affect the cryptocurrency.
swiftbits
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June 13, 2018, 07:17:01 AM
 #26

Using celebrities for promotion might be a proof that its a well budgeted project or else they're using them to cover up something negative about the project and give people focus on an artist reviews and comments. Even if they're the artist I looked up to, I will never trust them, Movie or Music Industry are focused on business, getting endorsers, supporters and to get profit to earn money. They even do things for publicity.

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June 13, 2018, 07:20:50 AM
 #27

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

I don't believe, because I think celebrities are only part of the ico campaign scenario to attract many investors. and this has happened in some cases ico being a scam. most likely celebrities will not be interested in the world of crypto is quite complicated to learn in a short time.

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BADBITCH
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June 13, 2018, 07:26:10 AM
 #28

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

I don’t trust these celebrities because that’s not their area of specialization
For example, how can a footballer or musician convince me to invest in any form of crypto currency for whatever reasons

They never know the intentions of the developer and they risk tarnishing their hard earned images as well
It’s best to make your research, get your informations and do the right and proper things

Avoid fake icos by doing proper research
BillCoin
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June 13, 2018, 07:26:33 AM
 #29

Trust because of what?
Most of them advertise things that they don't even have any connection to and they do it just because they get paid to do that, usually they don't even know what they are advertising, you should never join an ICO just because a celebrity that you like promotes it because they only do that to get more buzz on the project.

More then that, I think that when a celebrity promotes an ICO it's a big red alert not to join the ICO because it tells how the ICO organizers waste the money on , if they really had a very good project they wouldn't need someone to advertise them.
kakaword
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June 13, 2018, 07:32:19 AM
 #30

I think this is a way of cryptocurrency promotion. We need to think and judge for ourselves whether it is really profitable, or whether it is valuable to judge whether or not these messages are valuable. If they just want to promote the password without knowing the market, we do not need to listen to their opinions.
CodyAlfaridzi
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June 13, 2018, 07:33:24 AM
 #31

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
lol not at all. Do you know how is McAfee's coin of the day going? Most of them end up going downhill. The buyer who FOMO and buy after the announcement take all the losses while the endorser (McAfee) probably take the other side of the trade when the pump happen.

Endorsement from celebrities means nothing for a highly technical thing like cryptocurrency. They don't understand shit about these things. All they care about is their own money.
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June 13, 2018, 07:34:02 AM
 #32

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
I agree and believe that celebrities endorse the whole crypto, but if they only support one piece of crypto, then I doubt and need further consideration.
tramadol12
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June 13, 2018, 07:34:19 AM
 #33

I believe that, because it's a sign that they are really intent on running their project, even if it is a world celebrity,
Getcoinsite
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June 13, 2018, 07:35:29 AM
 #34

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
Its about self interest and not for public benefits,as of now how many big celebrities are endorsing cryptocurrency and what happens is failure like that a popular actress from russia who endorsed crypto but suddenly dump the coins,the latest celebrity that crosses my eyes is the Fighting senator from the Philippines Manny Pacquiao and as of this moment i think the coin is under the water together with many altcoins
Gras
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June 13, 2018, 07:45:19 AM
 #35

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

As practice has shown, you should not trust the famous people who advertise a particular project. Often they are the face of the company, but they are not familiar with the project, they do not know its essence. They do it for the money.

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Mikcik
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June 13, 2018, 07:47:03 AM
 #36

To me, it's up to the celebrities, like singers and models, to not believe that they can make good money. But with Tim Draper, he is one of the billionaires who favor electronic money and most is Bitcoin. I think he can make a lot people know and understand crypto, then help cryptocurrency good than more
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June 13, 2018, 07:48:38 AM
 #37

I do not trust celebrities endorsement at all. I invested in one scam ICO (Centra) that was endorsed by celebrities as well I believe.
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June 13, 2018, 08:03:53 AM
 #38

In as much as most of them are been paid to do it but i think it is good for crypto currency, we need such people in crypto space so that they will help to create more awareness about crypto currency so that more people will join the space. So like the idea.
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June 13, 2018, 08:04:05 AM
 #39

If celebrities start investing in crypto currencies then it is a good thing.If they just make themselves PR then you should not pay attention to them.They do it for their own advertising.
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June 13, 2018, 08:37:28 AM
 #40

I do not trust celebrities endorsement at all. I invested in one scam ICO (Centra) that was endorsed by celebrities as well I believe.
Project analysis is based on many aspects, if we rely on only one factor that evaluates that ICO I think not enough. Today the scammers are very sophisticated, maybe we will be fooled by them.

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