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Author Topic: Why is there no marketing for BTC?  (Read 610 times)
sunsilk
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December 03, 2018, 10:11:12 PM
 #21

I see some volunteers who are advertising it through radio's and newspapers. No one forces to advertise bitcoin to different media's as bitcoin is already popular and it's starting to be known worldwide.

Likewise, there's no need for bitcoin to be advertised somewhere. You just sit on your home and watch news, there's an exposure already by a news channel that publicized bitcoin's price and if you are an internet-savvy, you'll see different ads from exchanges which are advertising their own website but has a bitcoin logo on it - another exposure for bitcoin.

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December 03, 2018, 10:15:20 PM
 #22

I see some volunteers who are advertising it through radio's and newspapers. No one forces to advertise bitcoin to different media's as bitcoin is already popular and it's starting to be known worldwide.

Likewise, there's no need for bitcoin to be advertised somewhere. You just sit on your home and watch news, there's an exposure already by a news channel that publicized bitcoin's price and if you are an internet-savvy, you'll see different ads from exchanges which are advertising their own website but has a bitcoin logo on it - another exposure for bitcoin.

Yes, it's a voluntary thing. There are people who became the spokesmen to the media and who are trying to educate the masses. Andreas Antonopoulos has basically made a business out of this. Advertising Bitcoin, although isn't paid for by any organization, can be profitable.

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December 03, 2018, 10:15:51 PM
 #23

Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


The hype bubble of 2017 can in reality be understood as an extremely large marketing campaign - and it was very successful in attracting fools to buy Bitcoin

Now all the fools have Bitcoin and the early founders have sold at high prices - and now the fools ask whether someone wants to run marketing on Bitcoin ?

HA HA HA HA HA.....

Hypes are not mainstream marketing and these do not really target to educate people. What happened during late 2017, was pure hype! A lot of brokers and middlemen earned a good amount of commissions as well during that time! What OP is asking is about the educational marketing campaigns which will target to educate the potential mass about the benefits of using cryptos!

I personally do not think that such marketing efforts will ever be taken up because we don't have a general council or an authority body (that's what decentralization is)! It can be marketed through only businesses that are active in cryptospace.

The current legal framework is pretty confusing worldwide and that's the reason why businesses are shying away from accepting cryptos as a payment. As the legal framework will become clearer and structured, a lot more businesses will start accepting it and showing it to the mass. Marketing theough businesses will start at that point, not before!

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December 03, 2018, 10:28:04 PM
 #24

This is one of the privileges of BTC, BTC has good growth without marketing, in my opinion, BTC is not the same as other products.

some people choose to market the BTC to the world, but the prohibitions made by the government hamper BTC's marketing.

but, the ban on BTC makes many people realize that BTC has great benefits.

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December 04, 2018, 12:09:32 AM
 #25

because as i know that bitcoin is work automatically. its mean that there are no people that work to makes bitcoinis workiung, from sending transaction, checking wallet, and anything else its automatically by system

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December 04, 2018, 02:05:05 AM
 #26

Bitcoin grows on its own, we can see the difference through the years as we received a huge growth without any huge promotions. I think the reason is "no one owns it"  Grin Grin Grin
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December 04, 2018, 02:24:50 AM
 #27

because bitcoin is appear at the first. so i think now it really popular. but the market of bitcoin now is not good
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December 05, 2018, 08:26:43 PM
 #28

Bitcoin grow its popularity even without marketing strategy.
Who would advertise bitcoin for being anonymous of it.
We see that bitcoin gives opportunity for everyone and those opportunity  makes people  to promote it by itself because of what they got from bitcoin.
Because of the news coming from the social media it also helps bitcoin to become popular.
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December 05, 2018, 08:35:14 PM
 #29

Assume that bitcoin is being advertised in on TV and it says that it's decentralized. Then what will come to the mind of people?
If bitcoin is decentralized and there is no owner, so who is paying for this advertisement?
I am sure no one will trust bitcoin. All the people will think that bitcoin is a scam.
Bitcoin should be known by people gradually in a way it is happening now.
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December 05, 2018, 08:42:20 PM
 #30

Bitcoins is not like ordinary crypto project where budget is allocated for marketing and promotion yet it sells by itself and every cryptocurrency has tied to bitcoins which is more or less marketing for Bitcoins.
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December 05, 2018, 09:40:56 PM
 #31

Assume that bitcoin is being advertised in on TV and it says that it's decentralized. Then what will come to the mind of people?
If bitcoin is decentralized and there is no owner, so who is paying for this advertisement?
I am sure no one will trust bitcoin. All the people will think that bitcoin is a scam.
Bitcoin should be known by people gradually in a way it is happening now.

Ever heard of something called crowdfunding? This could be the source of money for advertising. It's really not that hard for people to gather in a group and put some of their Bitcoin profits to work. Lack of advertising and central authority that you can scare into submission or put in jail is what makes Bitcoin so unique. We don't need advertising. The beauty of Bitcoin is that most people who really get to know it, begin to love it.
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December 05, 2018, 09:59:32 PM
 #32

Take bcash (ABC) for example:

It relies on bitcoin.com (Roger Ver) and bitmain's (Jihan Wu) support. It has nothing else. Without these companies bcash (ABC) is no more.

Same goes for bcash(SV). Without Calvin&Wright, it won't exist.

The funny thing about these assholes is that they shot themselves in the foot by splitting, because where you had one party doing something relatively 'unique' (i.e. on-chain scaling with barely any limits), there are now two chains doing the exact same thing. From hash war we'll be moving over to a block size war. The first to upgrade to 1GB blocks wins.

The prices that came down badly made people literally hate them. This is reverse marketing, lol. I'm waiting for nChain and CoinGeek to split. Bitcoin Geek, does that sound right?  Cheesy
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December 05, 2018, 11:29:59 PM
 #33

Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.



Bitcoin has got advertised from starting and now it is more famous that is why so many big names are using it and commenting what ever they want to get famous by endorsing Bitcoin in their comment. Other products which you are telling about getting famous after advertising are only worthy until they are getting advertised.

Bitcoin dont need any advertisement as it is getting freely advertised by lot of media and they are also getting benefited by endorsing bitcoin in any way whether negative or positive.

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December 06, 2018, 02:23:33 AM
 #34

Bitcoin does not need to be marketed or promoted, it will grow by itself with the help of a strong community. Believe me, something valuable doesn't need to be exaggerated, because he's already big.
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December 06, 2018, 03:00:42 AM
 #35

It is not controlled by the person who created it or any group of people,the bitcoin network was working just because of us so no one will be use their fund to advertise about the bitcoin because we need to do it on our own.
Wether it is not controlled by anyone or it is controlled the inventors can still market their product if they want like making advertisements and other way to promote BTC.

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December 06, 2018, 03:09:53 AM
 #36

bitcoin is created automatically at the first time, so bitcoin is not need the maketing or anything else to make bitcoin popular, the popularity of bitcoin is come from the user

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December 06, 2018, 03:41:44 AM
 #37

Bitcoin is a new asset base on digital , that has a very big potential of turning around the life of users in a short while, the demand and supply of bitcoin is very much rapid growing but the market red as made it slow a bit and are very sure to bounce back anytime soon, some understand it but never believe in it and I don't think bitcoin need a big marketing strategy before it boom, just normal way we all heard of it be it one way or the other .

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December 06, 2018, 05:33:31 AM
 #38

A lot of people are of the opinion that Bitcoin should not be aggressively marketed like a Ponzi scheme, because it will cause more harm than good. I am not one of those people, because I am of the opinion that most people are clueless about "financial freedom" and "privacy" and they need to be educated for them to get the bigger picture.

The advantages of using this technology, only comes to fruition when people realize how much control their government and Banks have over their wealth. People in Cyprus / Greece / Zimbabwe and Venezuela only realized how important these things were, when they were faced with hyper inflation / Large scale government corruption / Blocking of ATMs and closure of Banks in their countries.  Angry

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December 06, 2018, 07:33:10 AM
 #39

Bitcoin no needs marketing to be famous because Bitcoin is the pioneer of cryptocurrencies with blockchain technology behind it. Bitcoin be known naturally and now Bitcoin has it own supporters. Bitcoin has open the opportunities for everyone to gain some profit here.
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December 06, 2018, 10:24:14 AM
 #40

Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.

Pharmaceuticals is business, when you made some med, you need to promote it to people to know them that it exists, does this and has these side effects. Bitcoin isn't a business, it's currency and I doubt you'll ever see promotion of usd or euro and etc. Also you'll hear about it pretty easily, I can't agree you that there is a lack of information in people, no, they have heared it many times but it's another task who got interested in it. If you just heared and don't care what it is, no one will come and sit to explain it. Bitcoin has it's users and it's enough.

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