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Author Topic: Do you trust celebrities endorsing cryptocurrencies?  (Read 21867 times)
kodtycoon
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November 11, 2018, 10:12:45 PM
 #541

They are paid people who are promoting the product they are paid for so bottomline, i don't trust any celebrity related endorsements. I know that some of them different but %99 of them is not knowing what they are promoting.

Yes, most celebrities only endorse, but I'm sure at least he knows what products and advantages etc. about the product because there will be an introduction first, and I have seen celebrities in my country several times promoting crypto even though I'm not sure they are endorsed and only paid to promote it several times.

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seo-maestro
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November 11, 2018, 10:17:21 PM
 #542

I think that all blockchain projects supported by celebrities are scams because they pay money or tokens to celebrities for advertising the project but the real good project does not need advertising. Bitcoin have no marketing but it's #1 crypto.
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November 11, 2018, 10:25:45 PM
 #543

I would treat a celebrity endorsement as a negative. It has been my experience that when a project goes out to seek celebrity endorsements that project almost always ends up being a scam. I look for endorsement by knowledgeable and successful people within the cryptocurrency industry, not athletes or movie stars who know nothing and are just there to attract unknowledgeable investors into parting with their money.

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November 11, 2018, 10:39:11 PM
 #544

I think celebrities will not publish their decisions in support of cryptocurrency. That was due to the presence of crypto who still did not get a good response from our government. Especially with celebrity status that is easily known to the public, so he must be able to maintain his confidentiality in joining crypto. Some celebrities may also have joined Crypto, considering that crypto technology is already known to more people in my country.

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Clark05
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November 11, 2018, 10:40:50 PM
 #545

No, buf for other people are trusting . But depends on the cryptocurrency they endorse if it's legit and if it's potential for sure you will convince. Celebrities are used to get more investor because they are famous and once they have fans see their Idols which is celebrity they will invest
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November 11, 2018, 11:03:39 PM
Last edit: November 15, 2018, 03:28:53 PM by Perfect35
 #546

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
There is nothing wrong in it, it is just part of promotional strategies. Whoever want to invest in such just need to do proper research on such project not minding the endorsement, because that is just meant to attract?
I have come across quite a number of projects endorsed by celebrities and some of them are still good projects with good foresight and might succeed even if not endorsed.
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November 11, 2018, 11:09:20 PM
 #547

for me depending on the product offered, it doesn't matter who is promoting but if it's offered it's good why not, so it's better first step just trace about the project and then make a decision if you think it's good to do it if you don't leave it. this my tips Wink
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November 11, 2018, 11:26:57 PM
 #548

I would treat a celebrity endorsement as a negative. It has been my experience that when a project goes out to seek celebrity endorsements that project almost always ends up being a scam. I look for endorsement by knowledgeable and successful people within the cryptocurrency industry, not athletes or movie stars who know nothing and are just there to attract unknowledgeable investors into parting with their money.
If that's true I think the more the project being exposed a higher chance it will exposed to people and that project will eventually being found out its weaknesses,
In my opinion also celebrity endorsement is the most useless thing, the one who endorse know nothing and the project didnt aim the right audience, the entire thing is just ridiculous.

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November 12, 2018, 08:16:38 AM
 #549

No one or even a celebrity can influence the judgment of the self. Independent thinking is a necessary condition for investment. Only when investors become more rational, the market becomes more rational, and complete fraud will only lead to the damage of Bitcoin's reputation.

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November 12, 2018, 08:55:39 AM
 #550

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
i am not sure about what celebretie's could do for crypto but it is absolute more difficult for them to take part in a scam because of their star status , maybe it could bring more safety
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November 12, 2018, 09:15:19 AM
 #551

I trust they are getting good pay for it.

Actually when i see a celebrity i stay away from that Project. Because good amount of Money spend for celebrity instead it can spend something important for the Project.

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November 12, 2018, 09:17:14 AM
 #552

Surely no.
We have to pay attention to product and team expertise, but celebrities affect on mass market, on people who are far away from crypto.

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November 12, 2018, 09:19:58 AM
 #553

They can have a positive or negative influence on a coin based on the reputation of the celebrity. But with how much crypto has evolved and how better investors are informed, there is much more to a crypto success than a celebrity endorsement. This can be seen from the less impact of certain predictions about crypto made by some popular personalities

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November 12, 2018, 09:42:00 AM
 #554

It is great for the industry, that celebrities are taking part in the blockchain space. The advantage is that celebrities have a huge audience and it could help us to reach the mass adoption. On the other hand, they are just earning bunch of money for promoting projects.
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November 12, 2018, 10:05:53 AM
 #555

No, of course no. I even dont trust traders, I only trust myself. If u want make money u shoul do it by yourself
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November 12, 2018, 04:53:37 PM
 #556

It is difficult to give a definite answer immediately. Some celebrities advertise scams, while others take part in advertising projects that bring huge profits. For example, Messi advertised Sirin Labs and this project increased the wealth of participants.

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November 12, 2018, 05:23:55 PM
 #557

Usually, if a show business star is very active in a new project, then most likely the project is not of very high quality, although there are exceptions to this rule when this is not the case.
We must also not forget the circumstances that the stars of show business are practically clowns who earn money with the help of their personalities, as well as their faces. Therefore, any relation of a star to a cryptocurrency can be an advertising move.

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November 12, 2018, 05:24:45 PM
 #558

I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
i do not trust them and i think taht it is an advertising and they are aoid for that so i think taht we wmust think for ourself
Welckomtome
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November 12, 2018, 05:25:19 PM
 #559

Usually, if a show business star is very active in a new project, then most likely the project is not of very high quality, although there are exceptions to this rule when this is not the case.
We must also not forget the circumstances that the stars of show business are practically clowns who earn money with the help of their personalities, as well as their faces. Therefore, any relation of a star to a cryptocurrency can be an advertising move.
we need to understand if we can trust them pr not ajd in order tnot to lose our money in the market and not to be sad
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November 12, 2018, 06:21:16 PM
 #560

I think that all blockchain projects supported by celebrities are scams because they pay money or tokens to celebrities for advertising the project but the real good project does not need advertising. Bitcoin have no marketing but it's #1 crypto.

NOPE!
Not all of projects supported by celebrities are  scams !
They just do their job as advisor, to make investor interested to project!

but the real good project does not need advertising. Bitcoin have no marketing but it's #1 crypto.
LOL ! You can't equate bitcoin with other coin dude
Bitcoin have no marketing is because just a few people know about bitcoin on 2009, and think "bitcoin" is worthless
Nowadays, ico need advisor to promote their coins.
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