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Author Topic: TikTok is a new social media source for promoting cryptocurrencies?  (Read 434 times)
Cocoincos
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July 13, 2020, 07:31:09 PM
 #21

thats really interesting idea to popularise crypto currency, but need to imagine in what format will be popularising, it need to be interesting for young people
holly.ball8
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July 13, 2020, 07:32:30 PM
 #22

Shills group and telegram group that wants to pump their favorite coin need to step up their game like this case. Instead of doing it where everyone could see through your poor attempts, try do it to the mass of youngter, lack of understanding of what it is about aka tiktok in this case.
TimeTeller
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July 13, 2020, 07:40:35 PM
 #23

Shills group and telegram group that wants to pump their favorite coin need to step up their game like this case. Instead of doing it where everyone could see through your poor attempts, try do it to the mass of youngter, lack of understanding of what it is about aka tiktok in this case.

I can say, I agree with you here. I have the impression that most tiktok users don't know about crypto.
And when they heard it, they just go with the hype without checking the facts about doge.
Because if they did a lil bit of research, what they are aiming for doge is very hard to achieve.
Though doge is commonly used for transfer purposes owed to low tx fee, still the $1 value is not an easy feat.
I hope by now, some of these tiktok users see the reality how crypto works.
But on the other side, it is nice that other alt other than bitcoin is gaining attention from social media.
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July 13, 2020, 08:33:23 PM
 #24

I was thinking about when we will see a headline like this one. One little joke, from network where most things are about joking around, and here it is, is a tik tok new social media for promoting crypto? Everything that becomes viral is being connected with crypto, is it good for crypto, will it affect crypto in positive or negative way, bla bla... It's a bit stupid to even discuss it, this is a good example of fomo, how it's start and where it leads, and I only hope that you people didn't buy the top here, experienced crypto people! Wink

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July 13, 2020, 09:34:35 PM
 #25

Hi, have you seen the recent hype around Dogecoin? It was caused probably by ongoing challenges on TikTok. When you think about it, it is really a great way how to make cryptocurrencies viral among young people.

You can read more about this trend here: https://fortune.com/2020/07/09/tiktok-dogecoin-challenge/
Nah, that kind of promotion is not even making the right impact. The youths will now be seeing cryptocurrency as a means to make quick money and rip off the internet. Their main target is to pump dogecoin and make money from it so that they will all get rich.

So, how exactly will that help the market? They are literally pumping and dumping a coin and that’s going to ruin everything. By the time they are done with this nobody will be interested in buying dogecoin after they have dumped it, because everyone will be seeing it as a scam. I will prefer that the market grows slow and steady and reach a level where it’s quite stable.
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July 13, 2020, 09:52:49 PM
 #26

Hi, have you seen the recent hype around Dogecoin? It was caused probably by ongoing challenges on TikTok. When you think about it, it is really a great way how to make cryptocurrencies viral among young people.

You can read more about this trend here: https://fortune.com/2020/07/09/tiktok-dogecoin-challenge/
The hype has caused dogecoin to embark on it correction. Nothing should be build on hype as cryptocurrency is concerns to me, many projects that achieved popularity will definitely end into the moud. TikTok isn't a good place to make cryptocurrency promotions but a confirmed social media were many performance their, though if anyone of these cryptocurrency platform them on this platform.

forexandcryptoauditor
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July 13, 2020, 09:58:28 PM
 #27

TikTok is now one of the most popular app in the world. It's not just now limited to videos anymore. It will be a huge marketing industry for the future. And, of course, crypto enthusiastic will use it in the first place to promote their tokens or coins.

crustycrab666
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July 13, 2020, 10:09:09 PM
 #28

All social media with many users can be a good promotional tool. And TikTok as one of the applications that is quite popular nowadays has proven to be able to make a quite surprising market movement for Doge. In the current era, something that is viral can move the masses effectively, but whether this can last long or not depends on the potential and strength of each market. It could be that this is only a temporary pump, so don't FOMO, don't panic, keep doing the best analysis possible.

I am sure, a new trend will come, there will definitely be a new bounty with the TikTok campaign Cheesy

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July 13, 2020, 10:40:15 PM
 #29

I don't know if you guys heard that TikTok apps is allegedly being used as a camouflaged by Chinese government as a spy tool or apps, and even USA and India have banned it already, so just be careful if you are going to used this.

As far as using it as a promotional tool, of course everyone can do it. But then again it will be used for all the wrong reason and you might find this as no different from one of the most hated and fraudulent practice, a pump and dump trading signal group.

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CaVO32
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July 13, 2020, 10:51:37 PM
 #30

I don't know if you guys heard that TikTok apps is allegedly being used as a camouflaged by Chinese government as a spy tool or apps, and even USA and India have banned it already, so just be careful if you are going to used this.

As far as using it as a promotional tool, of course everyone can do it. But then again it will be used for all the wrong reason and you might find this as no different from one of the most hated and fraudulent practice, a pump and dump trading signal group.

I guess most users don't care about being a spy tool of this app as most of them are millennials who are excited to share their everyday lives to strangers. Most of them wanted to amass huge number of followers without thinking about their privacy. That's the sad truth nowadays. These social media apps are everywhere and they don't care about what they will do to their privacy. They should read the following articles to enlighten themselves about this particular app.


https://www.forbes.com/sites/zakdoffman/2020/06/26/warning-apple-suddenly-catches-tiktok-secretly-spying-on-millions-of-iphone-users/#437e608534ef

https://www.dailymail.co.uk/news/article-8018611/The-dark-threat-TikTok-Fears-China-spying-users.html

https://www.independent.co.uk/life-style/gadgets-and-tech/news/tiktok-china-data-privacy-lawsuit-bytedance-a9230426.html
Wawa2013
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July 13, 2020, 11:00:08 PM
 #31

I agree TikTok platform can be utilized to promote cryptocurrency, as evidenced by what happened with Dogecoin.
Although in the end Dogecoin came back down, it could at least create hype with TikTok. Moreover, the promotion
of cryptocurrency passes the YouTube platform has experienced many obstacles right now, so TikTok is a good choice
for making cryptocurrency viral.

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July 14, 2020, 03:03:53 AM
 #32

There are very interesting if promote cryptocurrencies using TikTok.
Inside TikTok contains only a few short video.
And if someone promote their project, i think this need to create part video.
But, now some country are banned TikTok App.
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July 14, 2020, 05:09:12 AM
 #33

There are very interesting if promote cryptocurrencies using TikTok.
Inside TikTok contains only a few short video.
And if someone promote their project, i think this need to create part video.
But, now some country are banned TikTok App.
no matter with few countries that banned tik tok app,we still able to promote to another countries which is investors in this market still growing. this application could be best place or media to promote cryptocurrency, day by day tik tok user grwoth rapidly and ofcourse some of them will interesting with crypto market.
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July 14, 2020, 05:21:28 AM
 #34

There are very interesting if promote cryptocurrencies using TikTok.
Inside TikTok contains only a few short video.
And if someone promote their project, i think this need to create part video.
But, now some country are banned TikTok App.
no matter with few countries that banned tik tok app,we still able to promote to another countries which is investors in this market still growing. this application could be best place or media to promote cryptocurrency, day by day tik tok user grwoth rapidly and ofcourse some of them will interesting with crypto market.
True! I think if a country ban Tiktok, it also ban other social media platforms such as Facebook, Telegram, Twitter, etc. It's not a matter because the citizens can still use if they know how to change the proxy (which is pretty easy). We have seen that Dogecoin is doing really good in using Tiktok for promoting their project, it can efficiently bring advantages. I guess we'll see a lot of projects do the same thing in the future.

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July 14, 2020, 05:24:20 AM
 #35

Every social media could be used to promote crypto currency it just happens that TikTok is trendy this days,
We have experience it before in Facebook and twitter but it didn't gain too much attention since most of the crypto that is being promoted in those social media are already active.
I think we could all agree that facebook and twitter was the first social media tha has been used to promote crypto currency and was the reason why there are so many people in crypto right now.
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July 14, 2020, 05:28:47 AM
 #36

Tiktok is mostly used for entertainment but who knows, managers already tried using some social media platforms like Twitter, Facebook and Instagram. Some bounties even includes LinkedIn which is a platform to look for jobs and Reddit which is the so called frontpage of the Internet. If TikTok can reach more audience then it is possible for it to be used and that would be useful for campaigns.
It is very likely if many Crypto project developers later use tiktok to promote their projects then will be a Tiktok Bounty campaign in this forum. Yesterday's Pump Doge was only temporary and now the Doge price began to fall again.

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July 14, 2020, 06:01:42 AM
 #37

This brings more harm than good. The majority of TikTok users have no clue about cryptos and will push everything that they get told to do. That leaves them vulnerable to becoming the victims of pump-and-dump schemes. Lets trigger some TikTokers to push a random shitcoin to the moon, old school hodlers of that coin can make a last profit and the newbies get left behind with worthless crapcoins. What happens in communities next? Usually the big complaining starts, putting Bitcoin and co in a bad light, damaging the reputation.
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July 14, 2020, 06:56:59 AM
 #38

I don't actually use the TikTok app or platform nor know much about it but what I can deduce from the whole thing is that, TikoTok helped to promote Dogecoin to its users and as such the users likely decided to know more about the coin which lead to its increase in price. Also, I think this promoting of Dogecoin might not be for long when taking into account that most countries are yet to adopt crypto. But nevertheless, am glad about the whole thing even though I didn't participate because crypto has yet again been promoted which will likely leave a burning desire in the minds of people thus making them to know more most especially when knowing they are young people and young people tends to be inquisitive.
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July 14, 2020, 05:29:54 PM
 #39

It would be nice if all Crypto-YouTubers, especially those who are making viral crypto videos, songs create a TikTok profile and make it viral here. Because this would help spread a word about cryptocurrencies to people who didn´t hear about cryptocurrencies never before.

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July 14, 2020, 06:02:46 PM
 #40

It would be nice if all Crypto-YouTubers, especially those who are making viral crypto videos, songs create a TikTok profile and make it viral here. Because this would help spread a word about cryptocurrencies to people who didn´t hear about cryptocurrencies never before.

Education is the key, that´s why  they put money in a joke coin and don´t even know they were doing. So, I agree. Those people who are already have a voice that can be heard by many are the ones that need to transport the message that cryptos are good, but there are foul players trying to dump their shitcoins on them
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