⚽Ronaldo / Coca-Cola/ Bitcoin ₿

[mr_ROBOTT]

Have you seen the recent decline in the value of Coca-Cola?
The company said after Ronaldo dropped Coca-Cola in a strange move:

Drink water instead

After this session, Coca-Cola shares fell 1.6% in the stock market, and Coca-Cola rose from $ 242 billion to $ 238 billion. _{However, after that, it regained its value in the market.}

_{Coca-Cola stock chart now}

It's interesting to me! If Ronaldo makes the same move with Bitcoin and defines Bitcoin this time instead of destroying it, will we see a huge increase in the price of Bitcoin?

Ronaldo is someone that at least everyone in the world has heard of, and if he supports Bitcoin, we will see an increase in the number of buyers in the Bitcoin world.

Ronaldo meeting video:
https://www.youtube.com/watch?v=DcFx1VEDdbs

[1715003812]

1715003812

[1715003812]

1715003812

[1715003812]

1715003812

[BlackHatCoiner]

First of all, if an influencer ever said anything about Bitcoin it'd have a temporary effect and you shouldn't be happy about that. It's called pump and dump; Ronaldo's words wouldn't increase Bitcoin's value, they'd just make investors panic temporarily.

You, yourself, said that Coca-Cola stock regained its previous price. Same thing would happen with Bitcoin. A person can't affect the price of a commodity/stock in the long-term.

[terrorJR]

for me this is an inconsistency, why is that? imagine if this continues to be a reference for how a product, stock, even crypto, then this has a bad impact. where millions of people risk their finances there. Small traders cry seeing this, despite the positive points that invite many people to consume mineral water and reduce carbonated drinks. the problem is the influencer can easily change it in one second.

I don't agree that Bitcoin should be treated this way.

[rhomelmabini]

I guess Ronaldo wasn't that an avid fan in the crypto space and I guess it's a good thing if he ever supports it but I doubt if it will have that huge effect on the market after the effect subsided. I don't like how it goes with the Musk stunt to be honest, I guess there should be limitations to these celebs not to take part of it moving the market especially these huge personalities, just my two cents. The crowd goes gaga with them even with those small movements they make.

[Ucy]

I think he made the right decision. The drink is really bad for the body and could get people easily addicted to it. I wonder if there is any nutritional/good benefit of drinking it. Can they not make it healthy/safe for human consumption?

I think we shouldn't rely too much on popular personalities to increase the price. They could aswell be used to crash it. It should be from stable, decentralized investments and investors

[DooMAD]

The more interesting discussion for me is how people say certain celebrities have too much influence over the price of crypto, yet those same people don't seem to care as much about this story.

I'd be interested in knowing how much of the Coca-Cola dip was led by algorithm (HFT), versus how much of it was actual, real live humans making trades.  Probably one of those things we'll never know, though.

[pawanjain]

What's the use of such value if it has to come from one single person and not because of the product's actual worth ?
The price would only increase because there's an influence over it and it would probably decrease if the influence is gone.
If the price increases because people realize that it is worth it then the chances of decreasing in price becomes very low.
That's what happened with Elon Musk. I am happy that we faced the current decline because now we know the actual price of bitcoin.

[ropyu1978]

it can't be denied, ronaldo is already a big figure in the world of football, the first time ronaldo was willing and accepted to be paid with crypto, all of that was good but we shouldn't take the measure with ronaldo accepting bitcoin, bitcoin getting better, bitcoin does not depend on famous people, but bitcoin depends on market prices, about ronaldo not drinking coca cola, I think coca cola may not be a drink that makes athletes' bodies fit, maybe there are other problems between ronaldo and the owner of the coca-cola company,

[Dhoe]

ronaldo has accepted that he is paid in bitcoin, meaning ronaldo is pro against bitcoin, ronaldo can be said to be an athlete who is widely known by the world, maybe he accepts bitcoin, maybe bitcoin enthusiasts increase, the problem is he refuses coca-cola maybe he hates israel, i know ronaldo hate violence, so he refuses to consume coca cola, as a sign of protest against the company, because they have given their income for war equipment.

[haidil]

for me this is an inconsistency, why is that? imagine if this continues to be a reference for how a product, stock, even crypto, then this has a bad impact. where millions of people risk their finances there. Small traders cry seeing this, despite the positive points that invite many people to consume mineral water and reduce carbonated drinks. the problem is the influencer can easily change it in one second.

I don't agree that Bitcoin should be treated this way.

Yes, I agree with what you are saying, because here we cannot see only the positive side but also the negative side.
it is true that if influencers participate in bitcoin it will be good and increase the market price because it is an instant way. but you must also remember that everyone can raise and can drop. we can take an example from the case of Elon Musk that occurred a few weeks earlier.

[LFC_Bitcoin]

Ronaldo gets paid a lot of money in sponsorship. He probably thought that nobody has paid him to promote Coca Cola so why should he look like he’s advertising it for free. I wish Ronaldo would speak positively about bitcoin or something, it’d send the price up.

[Alanaz]

this is the strength of someone who has a lot of basic support.
if ronaldo participates in bitcoin of course this will have a huge impact on price increases because by just moving a bottle of cocacola ronaldo can destroy some of their shares. imagine if ronaldo can acquire and introduce him, how will the response from his fans and i'm sure it will be great if he can buy here

[NotFuzzyWarm]

Ronaldo is someone that at least everyone in the world has heard of,

Bzzzt, never heard of him.
Even if I had and he is some sort of celebrity I still would not care a single bit about what they say as I do my own research and rely on data for decisions. Not some random person's personal opinions.

[MinoRaiola]

Cristiano Ronaldo became the first soccer player to be rewarded for his achievements in cryptocurrency. He currently plays for Juventus Turin and has received 770 JUV tokens. For every goal scored in his career, 1 token. Worth + $ 11,000 at the time. I think he has so much money and keeps getting "little things" for free.

RONALDO BECOMES THE FIRST PLAYER TO BE REWARDED WITH DIGITAL ASSETS

https://www.socios.com/ronaldo-wird-der-erste-spieler-der-mit-digitalen-vermogenswerten-belohnt-wird/

[Yogee]

Substitute coca-cola with a gold plated bar and water with bitcoin. Ronaldo taking the bar off the table and saying "buy bitcoin instead" would be fun hehe. That may affect the price in the short term.

I doubt he'll endorse BTC. His financial advisors will recommend a fan token.

[stompix]

The drink is really bad for the body and could get people easily addicted to it. I wonder if there is any nutritional/good benefit of drinking it.

Is there any nutrition in water?

As for Ronaldo himself, he's just a hypocrite like the rest

Coca-cola was pretty good when they were paying him, now that he doesn't receive checks from them he drinks water. Wait till Pepsi bribes him with a few million!

Btw, doesn't this attitude remind you of somebody?
Who said bitcoin was the future then turned against it and said it's bad for the human body environment? 

I'd be interested in knowing how much of the Coca-Cola dip was led by algorithm (HFT), versus how much of it was actual, real live humans making trades.  Probably one of those things we'll never know, though.

Probably the algorithm did much of the damage, the sell-off was way too fast for most traders, especially since the US is not that interested in football and especially a news conference after a game in Europe. The interesting part is that in this case is not actual Ronaldo who did the damage but most likely all those "influencers" who started their avalanche of tweets and posts.

[Tigerheart3026]

Ronaldo gets paid a lot of money in sponsorship. He probably thought that nobody has paid him to promote Coca Cola so why should he look like he’s advertising it for free. I wish Ronaldo would speak positively about bitcoin or something, it’d send the price up.

coca cola is number one beverage giants in the world, they sponsored in euro 2020,
cristiano ronaldo is start player and most popular football celebrity in the world.
i don't think he opposes coca cola for didn't get paid from coca cola.
coca cola is harmful for human health so that he preferred drinking water in place of coca cola.

[ene1980]

~
Coca-cola was pretty good when they were paying him, now that he doesn't receive checks from them he drinks water. Wait till Pepsi bribes him with a few million!

So that is what happened, if he is paid to do then he is happy to promote them but i wonder whether UEFA will take any action against him because they are the official sponsors and that only action by Ronaldo cost them billions in the share market.

We do not need anyone promoting Bitcoin and we have seen many in the past who promoted and we jump to their tune because they are promoting our coin but then they will turn against Bitcoin for different reasons.

[blockman]

Ronaldo got a huge following and that's for sure. And the same as Elon Musk if ever he's going to say something positive about bitcoin then we're for sure going to see that there's going to be a massive increase in it. That move he made with Coca-Cola had affected its shares negatively but as usual, scalpers will take the chance and will eventually regain its value. But how can we know if Ronaldo is going to support the idea unless it's going to come from him. But needless to say, with any influencer's promotion or without, bitcoin is going to continue to thrive the usual way that we have seen it before.

[Expecto]

We have seen how much influential people can affect Bitcoin price just by their words. So it is possible for Ronaldo also. I hope that he doesn't do such thing. The market has not been in a good condition for some time. It'd make things even worse.