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Author Topic: Bitcoin advertising by celebrities.  (Read 784 times)
Swopon
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January 25, 2021, 05:29:02 PM
 #81

I think BTC should not care about advertising by celebrities. Because celebrities may promote BTC for their profit as a duty but actually if BTC rather focuses on improving itself than getting the promotion by others. But should focus on its working structure and find out lackings to prevent weakness then people will know BTC well.

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January 25, 2021, 06:23:57 PM
Last edit: January 27, 2021, 12:55:00 PM by raise001
 #82

It will be good initiative. But bitcoin don't care about advertising by celebrities because it has created market as a payment gateway.
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January 25, 2021, 07:22:57 PM
 #83

I think BTC should not care about advertising by celebrities. Because celebrities may promote BTC for their profit as a duty but actually if BTC rather focuses on improving itself than getting the promotion by others. But should focus on its working structure and find out lackings to prevent weakness then people will know BTC well.
btc didnt care at all because btc isnt a user like us that are aware if what is going on .
 its you or us that are affected but why would you not feel happy for this kind of news when this isnt a negative news .
 i know what you want , you want btc to get better by fixing its issues but that wont be nothing without the power of advertising  .  if advertisers gets profit for promoting btc , we and btc gets the same and why do you think the price continously growing ? thats because they accept btc whatever it is
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January 26, 2021, 03:53:07 AM
 #84

Personally, celebrities do not have enough quality and knowledge to advertise bitcoin in an appropriate way. RIght now, Bitcoin price is too high and if people intend to invest their money after listening to an unknown artist, they can suffer a big loss. People will soon understand how to use bitcoin by themselves
Agreed, Celebrities don't have enough knowledge about bitcoin and it's rare to see somehow who doesn't even understand the blockchain and crypto to advertise it. They are only used for their popularity purposes such as the OP exampled. I doubt that rapper has any knowledge about crypto. Investors might not be interested on it but their followers and supporters might, which is the whole point of why they are being hired to advertised the platform.
That is definitely a good point. Since they are celebrities, they are also popular. And nowadays, if something is used by a celebrity, people will follow that trend. Usually, it's the fashion sense, the music, the food, etc. And in this case, crypto. Like you guys, I think the celebrity in the op just advertised bitcoin because she was asked to do so and not because she is interested in it as well. Well, that's just what I see. I think this will also have a positive impact on bitcoin. But it would be better if no other name was involved and just bitcoin alone.

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January 26, 2021, 03:59:27 AM
 #85

Personally, celebrities do not have enough quality and knowledge to advertise bitcoin in an appropriate way. RIght now, Bitcoin price is too high and if people intend to invest their money after listening to an unknown artist, they can suffer a big loss. People will soon understand how to use bitcoin by themselves
Agreed, Celebrities don't have enough knowledge about bitcoin and it's rare to see somehow who doesn't even understand the blockchain and crypto to advertise it. They are only used for their popularity purposes such as the OP exampled. I doubt that rapper has any knowledge about crypto. Investors might not be interested on it but their followers and supporters might, which is the whole point of why they are being hired to advertised the platform.
That is definitely a good point. Since they are celebrities, they are also popular. And nowadays, if something is used by a celebrity, people will follow that trend. Usually, it's the fashion sense, the music, the food, etc. And in this case, crypto. Like you guys, I think the celebrity in the op just advertised bitcoin because she was asked to do so and not because she is interested in it as well. Well, that's just what I see. I think this will also have a positive impact on bitcoin. But it would be better if no other name was involved and just bitcoin alone.
If a celebrity advertises bitcoin purely for bitcoin and is involved in it and understands it well, I think that's a great idea.
And the OP is very clear that a celebrity does not advertise pure bitcoin, but indirectly advertises the application "Cashapp" Instead of bitcoin as propaganda because recently bitcoin continues to be popular and its price continues to increase.
and the advertisement involves celebrities and bitcoin which he thinks are currently popular and to lure everyone to use the application.

 
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January 26, 2021, 04:15:25 AM
 #86

I saw this first time, too. that's......astonishing....
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January 26, 2021, 05:24:08 PM
 #87

If the celebrities advertise and support bitcoin it is good for the community because it will spread the bitcoin to their supporters who is possible to become future investors of the bitcoin.

The more celebrity will expose bitcoin to the public the more chances to grow the value and it is what really want to happen. Hoping that not only the celebrities endorse the bitcoin but also the government will advertise this coin and Im sure that many people will invest and the price will grow more.
It's certainly right. Celebrities that posts about giveaways via cryptocurrency is a huge promotion/advertisement that will help to spread bitcoin's influence.
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January 26, 2021, 05:30:28 PM
 #88

Celebrities have many followers around the world and become effective if wanna promote bitcoin or altcoin, but most profitable right now is Elon Musk become the only one businessman most popular and his tweet could make coin pump to higher price, I know how million follower have by celebrities but businessman looks very interested to make some coin keep higher price, not only as businessman Elon Musk could be most change person right now with cryptocurrency.

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January 26, 2021, 05:36:55 PM
 #89

If the celebrities advertise and support bitcoin it is good for the community because it will spread the bitcoin to their supporters who is possible to become future investors of the bitcoin.

The more celebrity will expose bitcoin to the public the more chances to grow the value and it is what really want to happen. Hoping that not only the celebrities endorse the bitcoin but also the government will advertise this coin and Im sure that many people will invest and the price will grow more.
It's certainly right. Celebrities that posts about giveaways via cryptocurrency is a huge promotion/advertisement that will help to spread bitcoin's influence.
Any publicity would really be counted as a good advertisement which would really add up the adoption or awareness of bitcoins existence.

The thing here is that those celebs should at least give out some positive insights towards bitcoin rather than negative because it can really affect if it would
really be just pertaining about its cons rather.

As year passed by then we can really see these kind of events where celebs or any other popular person in the community would able to
recognize this tech.

R


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February 12, 2021, 10:35:27 PM
 #90

Celebrity rapper Megan Jovon Ruth Pete aka Megan Thee Stallion tweeted about giving away of one million bucks worth of bitcoins to celebrate her successes. I'm not a fan of the rep, but I like the trend. If celebrities get involved into bitcoin's advertisement, then those who up to now stood on the sidelines watching developments or haven't heard about bitcoin at all would also be able to build our ranks.


I must admit that I didn't follow the celebrities up to now, I know that there are big holders among them, but I never heard of free giveaway from them. Is this  the first action of that kind or there were others?


https://twitter.com/theestallion




This seems like a kind of manipulation. When someone who has more popularity enters some coin, It makes some investors think, Him/her involvement will affect the project and It will pump. There fore lots of retailers are attracting to those.
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February 12, 2021, 11:15:53 PM
 #91

snip~

This seems like a kind of manipulation. When someone who has more popularity enters some coin, It makes some investors think, Him/her involvement will affect the project and It will pump. There fore lots of retailers are attracting to those.
I don't see any manipulation from them, they never do the hypes anyway.

Take a look into how Elon did, there is a different result and I have to believe that not all celebs are influential.
Anyway, thanks to them for their support and let them do the help, maybe it could be recognized soon and their followers will show some interest in Bitcoin.

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February 13, 2021, 03:12:58 AM
 #92

I don't see any manipulation from them, they never do the hypes anyway.

Take a look into how Elon did, there is a different result and I have to believe that not all celebs are influential.
Anyway, thanks to them for their support and let them do the help, maybe it could be recognized soon and their followers will show some interest in Bitcoin.
Advertisement is just a fancy word for manipulation, in a sense people remind you of things that you have to buy even if you don't want to buy one. Influence is just another factor to manipulate people, you have spoken through their hearts and they will follow everything you say, there is a reason why companies get celebrities to advertise their brand, they can manipulate the masses into buying or at the least checking it out.

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March 05, 2021, 12:17:40 PM
 #93

I've seen this before I think the celebrity is not advertising bitcoin itself but the wallet she is promoting. Well it's nice to see if some celebrity will advertise Bitcoin on their own freewill and not because they are being paid.

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March 05, 2021, 01:26:22 PM
 #94

Personally, celebrities do not have enough quality and knowledge to advertise bitcoin in an appropriate way. RIght now, Bitcoin price is too high and if people intend to invest their money after listening to an unknown artist, they can suffer a big loss. People will soon understand how to use bitcoin by themselves
Agreed, Celebrities don't have enough knowledge about bitcoin and it's rare to see somehow who doesn't even understand the blockchain and crypto to advertise it. They are only used for their popularity purposes such as the OP exampled. I doubt that rapper has any knowledge about crypto. Investors might not be interested on it but their followers and supporters might, which is the whole point of why they are being hired to advertised the platform.
That is definitely a good point. Since they are celebrities, they are also popular. And nowadays, if something is used by a celebrity, people will follow that trend. Usually, it's the fashion sense, the music, the food, etc. And in this case, crypto. Like you guys, I think the celebrity in the op just advertised bitcoin because she was asked to do so and not because she is interested in it as well. Well, that's just what I see. I think this will also have a positive impact on bitcoin. But it would be better if no other name was involved and just bitcoin alone.
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March 05, 2021, 02:38:27 PM
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 #95

I've seen this before I think the celebrity is not advertising bitcoin itself but the wallet she is promoting. Well it's nice to see if some celebrity will advertise Bitcoin on their own freewill and not because they are being paid.
Now that it has been mentioned, even if they are 'just celebrities' who don't know much about bitcoin, they still affect somehow people since they are influencers. Yes, their knowledge is not much about Bitcoin, cryptocurrencies, and such, unlike our investors and traders, but still it does have an effect on their followers. That might be effective since a lot of people will be reached out especially those who do not know things about cryptocurrency.

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March 06, 2021, 02:27:56 PM
 #96

~
I don't know who that rock star is but it seemed that another push for people to invest a little bit in ADA though.
I kinda remember day trading that coin with BTC back in the days in my newbie experience, lol.
Good thing that he didn't go all-in and converted it all to ADA. Having some BTC with other alts is okay, but draining all your BTC for alts isn't my cup of tea.
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March 06, 2021, 04:58:17 PM
 #97

This is an interesting piece of news for the crypto community. Celebrities supporting and advertising bitcoin shows how fast bitcoin is being adopted and it will also help increase the popularity of bitcoin among the masses.
You should know that celebrities have quite a lot of followers who are ready to do anything as long as it is being endorsed by their celebrity whether good or bad. In this case, bitcoin is being endorsed by a celebrity and this means that there'll be quite of people who will become interested and use bitcoin.
Trust me, at this rate, it won't be long before bitcoin becomes the number one currency in the world

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March 06, 2021, 05:55:20 PM
 #98

I don't see any manipulation from them, they never do the hypes anyway.

Take a look into how Elon did, there is a different result and I have to believe that not all celebs are influential.
Anyway, thanks to them for their support and let them do the help, maybe it could be recognized soon and their followers will show some interest in Bitcoin.
Advertisement is just a fancy word for manipulation, in a sense people remind you of things that you have to buy even if you don't want to buy one. Influence is just another factor to manipulate people, you have spoken through their hearts and they will follow everything you say, there is a reason why companies get celebrities to advertise their brand, they can manipulate the masses into buying or at the least checking it out.
Is the advertisement that manipulate people or are people who allow themselves to be manipulated by advertisements?
I believe advertisements exist to make people aware of potential goods and services they may be interested for if they are acknowledged about them. The final judge is the customer conscience anyway. He will decide if that advertisement promotes something useful or not. If the customer behaves like a brainwashed animal who doesn't have any critical sense it's another story.

But advertisements are very important and useful, especially nowadays in this digital age.

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March 06, 2021, 06:06:18 PM
 #99

Rather than direct promotion by celebrities, most of the cryptocurrency related service providers have begun to promote their brand through different means. In specific the cryptocurrency accepted gambling platforms are promoted much. Some even got into major leagues, and has partnered with teams to carry the brand on sleeves. Few teams have been carrying the Bitcoin logo on the sports gear.

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March 07, 2021, 10:36:42 AM
 #100

This is a good side for BTC that celebrities are knowing about BTC and another cryptocurrency. But advertising by celebrities is not most important for cryptocurrency because it is not a beauty product or car or food item that will increase product promotion. In cryptocurrency, more important things are less volatile market, accepted by all the governments, free from scamming, increase people awareness and increase of uses as paper money.

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