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Author Topic: Increasing Bitcoin Ads : Mass adoption ongoing  (Read 302 times)
TradingBull.io (OP)
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December 14, 2020, 12:42:18 PM
Merited by avikz (2), DdmrDdmr (2), vapourminer (1)
 #1

More and more adverts in USA and EU about Bitcoin are showing up in public places lately.

We saw Ads on NASDAQ street and in the Wall Street Journal in November.



Binance did a campaign in August on UK buses stations.



This morning London wake up with the metro flooded with Ads:




Looks like we might see Bitcoin breaking its $20k ATH soon.

Have you guys bought the dip?

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December 14, 2020, 12:52:03 PM
 #2

More ads are popping associating bitcoin in different forms. It is true that we're towards the new ath, but we can't predict the time period required for the same. Along with the increasing ads for bitcoin and related services we've got more sponsors doing the same through different sporting events. People are getting much into bitcoin these days, and I find the growth during the pandemic a big reason for this.

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December 14, 2020, 01:01:21 PM
 #3

you are right, not only in london, we saw a few weeks ago in the city where i work which is in the netherlands. glimpsed while driving a car that there was a large company at the gate displaying various advertisements about bitcoin.
this is amazing isn't it?
How come, bitcoin is no longer as mysterious as 2016, now various countries are ready to welcome bitcoin in the coming year.

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December 14, 2020, 01:07:59 PM
 #4

We are expecting a lot of ads about bitcoin because the price is high and for sure it will increase the user of the bitcoin around the world and I hope every country will support the bitcoin and if it's happen expect the price will rise more than that we expected.

Those companies or people who create that ads hoping they spread more the goods of bitcoin because they are instrument to see the others people who did not know about bitcoin and possible to become a user and investors which have a good impact to the value of the bitcoin. The more bitcoin expose to the public the people will attract to use it and it is a win win situation for everyone.
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December 14, 2020, 01:26:11 PM
 #5

Yes! Corporates are seeing a tremendous opportunity in bitcoin which has resulted millions of dollars flooding into this market since last few months! Also a lot of dormant accounts have suddenly started showing activities, all due to the current bull run which is showing a strong sign support at 18.5k+ regime. Overall,  the situation is pretty positive!

No wonder the exchanges are ramping up to serve these increasing load of customers to get a bigger market share which we can see in the increased number of advertising. At least one industry is doing extremely well even in this pandemic situation.

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December 14, 2020, 09:43:23 PM
 #6

Yes! Corporates are seeing a tremendous opportunity in bitcoin which has resulted millions of dollars flooding into this market since last few months! Also a lot of dormant accounts have suddenly started showing activities, all due to the current bull run which is showing a strong sign support at 18.5k+ regime. Overall,  the situation is pretty positive!

No wonder the exchanges are ramping up to serve these increasing load of customers to get a bigger market share which we can see in the increased number of advertising. At least one industry is doing extremely well even in this pandemic situation.

Agree, there is lot of traction coming up from Financial institutions as well
(even if probably mostly buying bulk OTC or via market makers).

Though it feels like there is institutional + retail traction together.
ATH Resistance should end up breaking through eventually.

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December 14, 2020, 09:48:23 PM
 #7

Mass adoptions requires a lot of time, seeing many ads or increasing number of ads is a good sign, but it does not guarantee that bitcoin will go up and make a new ATH since bitcoin is capable of doing that even if there's a bad news. I'd be glad to see a steady price uptrend because it's the real massive adoption kind of move, not a pump that could possibly also result to a dump thereafter.

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December 14, 2020, 10:07:30 PM
 #8

Yes! Corporates are seeing a tremendous opportunity in bitcoin which has resulted millions of dollars flooding into this market since last few months! Also a lot of dormant accounts have suddenly started showing activities, all due to the current bull run which is showing a strong sign support at 18.5k+ regime. Overall,  the situation is pretty positive!

No wonder the exchanges are ramping up to serve these increasing load of customers to get a bigger market share which we can see in the increased number of advertising. At least one industry is doing extremely well even in this pandemic situation.

Agree, there is lot of traction coming up from Financial institutions as well
(even if probably mostly buying bulk OTC or via market makers).

Though it feels like there is institutional + retail traction together.
ATH Resistance should end up breaking through eventually.

no matter what, i believe we will break that ATH at some point and seems it will be sooner. mass adoption this year is really amazing as we've seen several of these financial institutions boldly buying BTCs. and if more companies will follow the move of paypal, the adoption will indeed grow strong in the coming years. but hopefully, the crypto system will be different than how paypal is doing it.

and if you browse related articles on this such as -

https://spendmenot.com/blog/blockchain-adoption/
https://blog.chainalysis.com/reports/2020-global-cryptocurrency-adoption-index-2020

we are seeing that crypto is indeed going global in terms of adoption and a lot of companies are considering blockchain tech as the next big thing.

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December 14, 2020, 10:11:32 PM
 #9

Adoption is on the move thats why it isnt a surprising thing that we would  really be seeing these ads or adverts/posters/billboards showing off bitcoin.
We know that there are places on the world where they do have that positive views towards bitcoin and its expected that they will be raising up some
attention by showing off those placards or whatsoever and with that then its really a good news as long it do connect on public advertisement which
would potentially raise up the adoption level even more when people do find out about bitcoin.

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December 14, 2020, 10:17:23 PM
 #10

Great! This looks featured to me tho. Like Binance paying for the ad (for their personal interest). However, Binance or not, I feel proud to see such publicity about Bitcoin. BTW, not everyone will easy or will ever understand that second image. Lol.
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December 14, 2020, 10:51:29 PM
Merited by vapourminer (1)
 #11

There's also this ad in Hongkong:



https://news.bitcoin.com/bitcoin-tram-ad-campaign-billboards-hong-kong/

Quote
The Bitcoin Association of Hong Kong announced Friday the start of a massive bitcoin awareness initiative called the Bitcoin Tram campaign. Various ads are scheduled to run between Sept. 11 and Oct. 8. During that time, three doubledecker bitcoin trams of various lines will cruise the east and west tracks on Hong Kong Island, each plastered with the Bitcoin logo.

So we have seen this ads across the globe and bring people's awareness about bitcoin.

And mainstream  media is already covering bitcoin as well like Al-Jazeera: https://www.aljazeera.com/economy/2020/11/17/bb-bitcoin-is-back-and-it-just-soared-past-17000

As far as breaking $20k though, it's imminent, just a matter of time, but we might see it happening next year though, unless there is a big push at the end of the year to close it to a new all time high.

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December 14, 2020, 11:58:55 PM
 #12

This is interesting, unfortunately my country has not yet installed many Bitcoin ads. I haven't seen the big picture on the side of the road. Maybe this is because the government and many people don't know Bitcoin. I am happy that I hope this continues to grow, many big entrepreneurs are starting to invest in bitcoin which means more and more people believe. Hopefully $ 20k will happen soon or more.

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December 15, 2020, 01:37:55 AM
 #13

It is good to see Bitcoin-related ads around. It is perhaps one indication that Bitcoin is actually getting legit as far as public perception is concerned. Those old perceptions which attached Bitcoin to underground and illegal transactions; those insinuations coming from government authorities themselves which somehow label Bitcoin as a currency for criminals; those are all gone now. They're gone with the wind.

People wouldn't think it logical for a criminal's money ads to be seen around. Bitcoin must now be an alternate currency or an asset in the eyes of many. This is indeed the road to mass adoption.

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December 15, 2020, 02:37:39 AM
 #14

Looks like a good ads with a great target areas. Such public places like that makes it more appealing with the people and make the mass adoption more possible to achieve faster. Aside from social media ads of course personal ads are highly needed too for people's awareness about bitcoin's use and existence.
 
 I've also watched grayscale commercial ads video online. Good to see such bitcoin commercial like this one:
 - https://twitter.com/i/status/1292808728253784065
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December 15, 2020, 05:53:31 AM
 #15

They are the same people who were criticizing about Bitcoin when the price took a dip in 2018. Prior to the dip they were creating FOMO like now.

Everyone media outlet wants to cash in this Bitcoin price hike and for that they will go to any extent. Those who have been here for a long are aware of their tactics but those who are new should not believe in what they say.

No one can predict the USD value of Bitcoin, no one knows what will happen next. It is better to keep calm and watch the market patiently.

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December 15, 2020, 06:09:17 AM
 #16

Great! This looks featured to me tho. Like Binance paying for the ad (for their personal interest). However, Binance or not, I feel proud to see such publicity about Bitcoin. BTW, not everyone will easy or will ever understand that second image. Lol.
it was like same as what we have seen on any other ads everywhere because next to them is the name of the company , thats normal and it looks legit than putting ads alone without the company name . not only that people wont easily conviced with it but people are also going to have a hard time if where to buy btc if ever they got curious of trying it . the third image you mean is not easily understandable ? at first i find it offensive or confusing as well because it says btc is dead but i think the second sentence is connected with it . its a smart way to catch everyones attention .
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December 15, 2020, 07:04:56 AM
 #17

I have been seeing news & other mentions about Bitcoin and cryptocurrencies plastered all over the internet, in newspapers, in magazines, etc. lately in the US! Only one way to go from here my friends...!!
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December 15, 2020, 07:18:31 AM
 #18

This reminds me a little bit of 2017.Crypto related ads increase in quantity during a bullish market,but will this continue in a bear market?
There's a small increase in the amount of online and offline crypto ads,but there's still room for growth,since at least 90% of the people worldwide aren't aware about Bitcoin and the crypto market.
You are kinda wrong about something.Those ads aren't "Bitcoin ads".They are advertisements of different crypto trading companies.
The "Bitcoin is dead" ad is pretty misleading though. Grin Some people might think that Bitcoin is really dead. Grin

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December 15, 2020, 07:20:43 AM
 #19

you are right, not only in london, we saw a few weeks ago in the city where i work which is in the netherlands. glimpsed while driving a car that there was a large company at the gate displaying various advertisements about bitcoin.
this is amazing isn't it?
How come, bitcoin is no longer as mysterious as 2016, now various countries are ready to welcome bitcoin in the coming year.
It really is amazing, I hope that I can see this ads in my country although it will be far from it because a lot of crypto and bitcoin related scams are plaguing the public, there is a group that I am in that is covering jobs and hiring that is plagued with bots that promote scams and such, hopefully there is a few to none that will fall for this scams. Thanks to start ups and companies around the world that bitcoin will be getting a good PR.

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December 15, 2020, 07:20:52 AM
 #20

Mass adoption is good. Some local merchants in my country now allow BTC payments. Hope this will become the new norm soon. Grin
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