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RentGPU
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November 24, 2018, 04:29:56 PM
 #1

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers

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November 24, 2018, 04:38:31 PM
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 #2

because bitcoin is decentralized so it doesn't have any owner like a company behind it (similar to what altcoins have like Ripple Foundation, Ethereum foundation,...) to advertise it! bitcoin is its own advertisement when it comes to utilities, people see how it is used and then decide whether to use it or not instead of looking at some hyped up mostly fake ad and be fooled into buying bitcoin.

besides who is going to pay the fees? will you put money in advertising it since it is your own idea?

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November 24, 2018, 04:39:12 PM
 #3

Could be a good idea, right now what we need is massive circulation of Bitcoin just as a real currency.
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November 24, 2018, 04:46:19 PM
 #4

The community itself does the advertising by creating online content, that is, anything from articles, to tweeting about it, to youtube videos.... then mainstream media sees the traffic that that content can generate, which incentives them to create clickbait articles about how it's mooning or about how Bitcoin is once again dead for the #323 time and counting:

https://99bitcoins.com/bitcoinobituaries/

So basically, no one owns the Bitcoin brand, everyone that talks about it is automatically a marketer of it.
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November 24, 2018, 05:01:03 PM
 #5

because bitcoin is decentralized so it doesn't have any owner like a company behind it (similar to what altcoins have like Ripple Foundation, Ethereum foundation,...) to advertise it! bitcoin is its own advertisement when it comes to utilities, people see how it is used and then decide whether to use it or not instead of looking at some hyped up mostly fake ad and be fooled into buying bitcoin.

besides who is going to pay the fees? will you put money in advertising it since it is your own idea?
All the communtiy should donate to advertise the real btc not the hype scam one , i am sure alot of ppl here will donate to a good trustable ad campaign for advertising bitcoin only the true way , this period it's the community mission to tell ppl what bitcoin really is and why it was made for , community are us miners and traders

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November 24, 2018, 05:26:12 PM
 #6

Well there is no particular entity that would personal sponsor the advert of bitcoin. Some projects that deals with bitcoin can throw an advert for bitcoin but in relation to there project

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November 24, 2018, 06:15:05 PM
 #7

As BrewMaster posted Bitcoin has no owner, no centralised governing body.
The only advert i have seen on T.V for instance was for ETORO which is a
social trading platform for crypto and others like apple. ETORO is a business
though so they are only advertising their site not specifically Bitcoin.

Anyone is free to advertise Bitcoin but they would be working as an individual
or group of individuals.

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November 24, 2018, 06:21:28 PM
 #8

Usually, we only see some talks about bitcoin on social medias. Also, there are some advertisements for ICOs, cryptocurrencies projects and some websites. We don't see advertisements for bitcoin because there is no one governing bitcoin who pay for advertisements. Medias don't advertise something freely.
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November 24, 2018, 06:24:08 PM
 #9

I'd prefer it if the price didn't go up. I haven't filled my wallet yet.

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November 24, 2018, 06:33:46 PM
 #10

There is no one to organize it as such, the only ones that have ads are certain ICOs that work with a centralized entity, at least on the side of development and marketing, but as bitcoin is so decentralized does not have someone to take care of that, maybe it is what we need to take off, more marketing.

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November 24, 2018, 06:38:27 PM
 #11

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers

Bitcoin it's decentralized, so users do this work. instead of asking why? Do something to change this, maybe it will help the price in the future.

Maybe you can create a community that can handle this Crypto-revolution. This is the best moment to start creating value for Bitcoin and crypto.

Not when the Bitcoin price was 20K$.

 
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November 24, 2018, 07:40:16 PM
 #12

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers


Bitcoin it's decentralized, so users do this work. instead of asking why? Do something to change this, maybe it will help the price in the future.

Maybe you can create a community that can handle this Crypto-revolution. This is the best moment to start creating value for Bitcoin and crypto.

Not when the Bitcoin price was 20K$.

Most investors jumped in while btc price approching 20k were just interested in the profits of trading or mining or holding , no one really use it for something useful , bitcoin isn't just a make money fast , it's a revolutionary idea that should be advertised they way it is , i only said this so it may pull the trigger of a good idea for some trusted members here in the forum , also sorry for my english Smiley

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November 24, 2018, 08:49:12 PM
 #13

The community itself does the advertising by creating online content, that is, anything from articles, to tweeting about it, to youtube videos.... then mainstream media sees the traffic that that content can generate, which incentives them to create clickbait articles about how it's mooning or about how Bitcoin is once again dead for the #323 time and counting:

https://99bitcoins.com/bitcoinobituaries/

So basically, no one owns the Bitcoin brand, everyone that talks about it is automatically a marketer of it.


Just came across that part of 99 bitcoins and is great content out there. Amazing. But as for the OP question, yes it's more like word of mouth as there's no real entity owning it (decentralized) or brand labeled on it. Just those who holds it give the free marketing. It's up for them or crypto enthusiasts (as it also affects in some degree the whole community) as to whether they will say good or bad about it.


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November 24, 2018, 09:13:40 PM
 #14

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers


I completely agree that we need advertising. But since bitcoin is decentralized, it is not clear who should do this advertising. In addition, I think that bitcoin does not need advertising, in the same way as the Internet as a whole did not need advertising. With the development of blockchain technology, people themselves will understand the value of bitcoin.

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November 24, 2018, 09:14:39 PM
 #15

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers
Ads are related to the desires, ambitions, and emotions of consumers. Technical aspects are not what excites emotions.
Many of the projects based on crypto based on the comparison between cryptocurrencies and modern payments without mentioning the technical aspects in detail because the duration of the declaration is often short and the trends of users tend to stir more than knowledge.
Why do not we see ads on how bank cards or banking systems work?

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November 24, 2018, 09:27:04 PM
 #16

The community themselves would have to run these ads, even then people might not accept them being ran because they know that no one is in control of bitcoin so can't speak on its behalf. I think most likely there would need to be a big group of the community working together for anything like this to happen.

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November 24, 2018, 10:18:05 PM
 #17

Why we don't see advertisment about bitcoin technology and the diffrence between it and other payment systems , i know miners and traders who only know they can make money with btc but don't really know what is it or what it can be used for , we need some community driven ads all over the web to tell ppl what really btc and decentralized payments is to get real investors not just bumpers jumpers

You intend to spread awareness of bitcoin
This is great and that's what some of us are trying to do here
The rich , fight each other
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November 24, 2018, 10:43:15 PM
 #18

We don't need those ads, there are volunteers who have been spreading bitcoin ads on newspapers and on television? we don't really need it. They are covering and following the trend for bitcoin just like CNBC, so its already an exposure for bitcoin.

But the sad thing sometimes, they are discussing on how bad the fall for bitcoin. Anyway, good or bad publicity is still publicity. And awareness for bitcoin is spreading so there's really no need for that.

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November 24, 2018, 10:44:40 PM
 #19

1. Some countries that prohibit BTC are the main problem, so the spread of BTC is still limited.
2. Some media and industry of journalists make advertisements about BTC. at least a media can give us a simple explanation of decentralized.
3. there are still many primitive people who are far from technology
4. now public reading interest is very small.

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November 24, 2018, 11:31:33 PM
 #20

Could be a good idea, right now what we need is massive circulation of Bitcoin just as a real currency.
That'll be hard since most Bitcoin users prefer to hold or trade rather than to spend their Bitcoin.

But the sad thing sometimes, they are discussing on how bad the fall for bitcoin.
It's not just sometimes. Once there's a bad news about Bitcoin articles,threads,videos,speculations will pop out left and right.

1. Some countries that prohibit BTC are the main problem, so the spread of BTC is still limited.
Countries that considers BTC illegal is not the main problem. The trading volume from those countries are still high and increasing up to this date.

https://coin.dance/volume/localbitcoins

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