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Author Topic: Does Bitcoin need advertisment?  (Read 518 times)
Lida93
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January 10, 2024, 11:52:48 AM
 #21

Though, I have also come to noticed that most people feel that Bitcoin don't need advertisment, but they neglect the fact that adoption won't get to rural areas where illiteracy is common, or is Bitcoin not meant for the uneducated?.
I think people in rural areas do not need to adopt bitcoin even if they know about it. In the rural areas, what they need is access to financial services. They need banks. Banks that are close to them and if they cannot get that banks then banks need mobile money operatives that are representatives of these banks. Plenty people in the rural areas are unbanked. I think that banking the unbanked through a seamless process is the first thing to do and not the adoption of bitcoin. Adoption should be for the people in the urban areas.
You have spoken well mate, rural adoption of bitcoin is at this time not of necessity as it is with the urbanized areas. A great number of the population in the rural areas have no idea about how to use the traditional banking system how much more being able to adapt to the bitcoin blockchain technology, it would be like doing the right thing at the wrong time and place.

The traditional system actually us a corrupt ground for centralized authority manipulation and surveillance however if those in rural area can begin from there it will be an eye opener for them when they later get introduced to bitcoin they will easy dissect the difference for themselves without much difficulties as it relates to understanding the usefulness and benefits of bitcoin.

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January 10, 2024, 12:43:04 PM
 #22

Just like many people have said here that a good product needs no advertising Bitcoin only proves the statement to be true due to it’s growth without advert this is because of the knowledge people have gained over the years through usage of Bitcoin
Two years ago a friend of mine wanted to purchase a car worth 27million but there was a problem converting it from bitcoins to cash because we couldn’t find a vendor with a fair price we were stuck till a friend in Abuja linked us to a car dealer in Abuja who accepts Bitcoin payments we had to wait a month because he didn’t have the exact car we wanted but eventually got the car we wanted.
Ever since we’ve been getting bonuses referring others to him and his brilliant offer which saved us from incurring huge losses.
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January 10, 2024, 01:07:20 PM
 #23

Bitcoin is a real asset which is why it doesn't require any form of advertisement. The use cases of Bitcoin are the things that are increasing Bitcoin adoption in the world, there is nobody who will come across Bitcoin that will not want to know Bitcoin more. With Bitcoin, you can send money to your family abroad with a lower, and the person receiving the Bitcoin will not pass through stress of having access to the Bitcoin. Bitcoin has made many rich through investment, when people see this they will want to adopt Bitcoin so that can also taste the goodness of Bitcoin. The adoption of Bitcoin will continue to increase since the government wants to put an end to Bitcoin, and people will want to know about Bitcoin because it poses a threat to government policy.

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January 10, 2024, 02:22:56 PM
 #24

I don't think Bitcoin really need any form of advertisement. Better product dey market it self. You only advertise something when you have a stake in that product or when the product is benefiting you directly when others make purchase of it. Bitcoin is has gotten it's name in almost everwhere. What I just think is most people in the rural areas especially in Africa just need to enlighten on how to use Bitcoin. It is one thing to know about something and another thing to know how to use it. Most countries in Africa are still classified under the developing countries and most times people in the rural find it difficult to adjust to new technologies.

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January 10, 2024, 06:02:49 PM
 #25

One's charity in the environment also a means of advertising Bitcoin and your appearance also advertising Bitcoin. Although it is good to tell people more about bitcoin because ordinary seen your cheerful nature with bitcoin success can't make them to understand Bitcoin even though they know that it through Bitcoin you are giving them this palliative. And if you only give them electricity without telling them to invest in it, then you have the ideology of the rulling class. The rulling class is not interested to educate you so that you will become rich and instead they would give the peanut to eat.

As for me oh, instead of giving them the electricity and which you might not done forever, you can organize a seminar and teach them to invest and you will free from some burdens from them. And that is one of the best approach to advertise Bitcoin.









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January 12, 2024, 11:16:26 AM
 #26

Bitcoin is a self custodian technology that was invented by an individual with the aim of prominently to dominate all over. It has been succeeded in being a global adopted currency while influencing even the world power fiat currencies. The possibilities of Bitcoin gaining this heights wasn't magical neither was it a mandatory adoption. It was made possible gradually through adverts Such as speculations. Adverts could come in different dimensions so, I accept that Bitcoin speculations is a medium of advertising Bitcoin which has got it this far of success.

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January 12, 2024, 01:36:29 PM
 #27

Bitcoin is a real asset which is why it doesn't require any form of advertisement. The use cases of Bitcoin are the things that are increasing Bitcoin adoption in the world, there is nobody who will come across Bitcoin that will not want to know Bitcoin more. With Bitcoin, you can send money to your family abroad with a lower, and the person receiving the Bitcoin will not pass through stress of having access to the Bitcoin. Bitcoin has made many rich through investment, when people see this they will want to adopt Bitcoin so that can also taste the goodness of Bitcoin. The adoption of Bitcoin will continue to increase since the government wants to put an end to Bitcoin, and people will want to know about Bitcoin because it poses a threat to government policy.
And Bitcoin on its own they run advertisements for him self because if you look am people done like Bitcoin because of the kind money the thing they bring and  as some people done taste am they no wan allow the thing go because of waiting them they get for their me I never get bitcoin before but if money enter my hand I go buy am. The way countries they even put body for the thing now he they surprising.

From last year better news full every for the adoption of bitcoin as some countries done even make am to be spend able you fit buy and you fit sell bitcoin the same time and you still fit use am buy something for shop and if you look naija to now done legalize the whole thing now. As all this news they come he they, also get waiting he they do for the price body. And anywhere anybody they you fit send them money and you no go get any issue or delay because of the lightning network so plenty  reason they wey make people continue they like Bitcoin. Na why me self like am. The thing fit serve as money and as asset see am. Bitcoin just to much.

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January 20, 2024, 09:24:37 PM
 #28

It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.

Bitcoin will keep on advertising itself especially with the existence of more altcoin. The more altcoin falls, the more popularity Bitcoin has. This is because majority hear about Bitcoin but started there crypto journey with altcoin. They later become Bitcoin holder after being failed many times by altcoins. Bitcoin never need any advert . It's just good enough to advertise itself.

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January 21, 2024, 03:02:32 AM
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 #29

Sincerely speaking those beneficiaries of this electric power supply would be curious to know more about this Bitcoin mining and it's network, and before you'll know it more persons would want to adopt Bitcoin. That is why is why giveaways and promo are one of the best strategy of advertising. The miner might not be advertising Bitcoin, but his deed has already done the advertisement unknown to him.

Advertising bitcoin through this process is a win-win for both sides. Advertisement is going on and the people are benefiting from the electricity being generated from the mining tool. Learning bitcoin through the process of mining will be very hard for beginners who are just hearing about bitcoin. Without being a computer guru, I don’t think you’ll have anything to understand from the mining aspect. This will let the people know about bitcoin but will still need someone to help them understand the basics of bitcoin before going as far as mining. Since it is even located in a rural area, it means the people there most cannot be literate enough to learn from that place easily. The benefit of the electricity they get is what is more important to them regarding the mining tool in their town.

Quote
All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.

Bitcoin has gotten to a point where no more advertising is needed and people will just be adopting it. Gone are those days they few people know about it and the very few news that always come out about it are mostly negative ones and that didn’t make a lot of people to pay more attention to it. Bitcoin on how it has performed over the years have paved way for himself to be known. Today, both positive and negative news are all in its favour as people get to know about it and become more inquisitive about it through this process.

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January 21, 2024, 10:31:48 PM
 #30

Greetings Bitcoin enthusiasts
 
While scrolling passed some Bitcoin related news, I came across a generous act practiced by a miner or miners, who gave over 1600 person free electricity from their generating power grid. And this is happening live at Malawi.
Source: https://blockbuild.africa/hydroelectricity-malawis-mining-homes-grid/

Sincerely speaking those beneficiaries of this electric power supply would be curious to know more about this Bitcoin mining and it's network, and before you'll know it more persons would want to adopt Bitcoin. That is why is why giveaways and promo are one of the best strategy of advertising. The miner might not be advertising Bitcoin, but his deed has already done the advertisement unknown to him.

Indeed we know that Bitcoin is a decentralized currency, meaning it is not controlled by a central authority. However, no one is being paid to advertise Bitcoin to increase its adoption, but the good news from the coin and the testimonies it's holders have is enough for other to trace and want to know about it. And often times the people who fight or give false info about the coin are indirectly advertising it to the public. Take for instance the media, it was after they placed a ban on crypto in Nigeria, that was when I became curious to know what it entails but I never got the chance to complete my research until I met this forum.

All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.
I think the stock exchange entities like NYSE and NASDAQ give bitcoin enough advertisement with their listings.
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February 02, 2024, 09:17:31 PM
 #31

Bitcoin no need advertisement because dis decentralized digital currency already dey popular worldwide,for Naija both old and young know bitcoin.The thing be say na to just enlighten people about bitcoin say no be scam because some Nigerians dey think say all online means of earning money na Yahoo Yahoo,but dem neva get full knowledge on bitcoin nai make some Nigerians dey call am Yahoo Yahoo.

Like that year wey the government ban bitcoin for Nigeria,many Nigerians go into research to find out why the government ban bitcoin even that research make some Nigerians bitcoiners and na even means of advertising bitcoin indirectly to the public.

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February 03, 2024, 04:10:43 PM
 #32

It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.

This word strong well well ooo but Bitcoin never reach to dey use compare with coke because right now I no sure say e get any country wey no dey accept coke but so many countries never still dey accept Bitcoin for payment including our country Nigeria. Even though say Bitcoin don stay up to the years wey you mention here I feel say e never really dey very popular like that and I believe say the more we dey advertise am dey tell people everyday the more people all over the world dey know about am.E go shock you say e get some people wey no even know wetin Bitcoin be even as we speak now so the more we talk about Bitcoin I believe say more people go see more reason to invest in Bitcoin.



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February 04, 2024, 01:22:17 AM
 #33


  Bitcoin needs no advertisment because it is now very known and famous, it gain its recognition from promotions and marketing being made online. The awareness of Bitcoin has being made known by so many,how it function,the suff it is made of that is being used for many things like buying and selling goods and services, investing and keeping savings.
   Bitcoin network advertising deals with website allowing everyone to display their promotions in getting a special kind of group of people that can be interested in whatever products you have.
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February 04, 2024, 06:00:12 AM
 #34

Like that year wey the government ban bitcoin for Nigeria,many Nigerians go into research to find out why the government ban bitcoin even that research make some Nigerians bitcoiners and na even means of advertising bitcoin indirectly to the public.

Exactly, after the ban the way new come na that plenty person come dey wander say wattin be this thing wey the government ban, and curiosity come make them know more about Bitcoin, from there plenty person come even enter into am. Bitcoin advertisement now no be direct one, like every other investment or project, now em good work naim don dey sell am everywhere. I believe Nigeria for one thing, we sabi carry good things serious, if them fit just make Bitcoin dey very flexible like the way e dey for El Salvador, you go see say Nigeria fit even be top 3 most used crypto network country.
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February 04, 2024, 07:50:25 AM
 #35

It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.

This word strong well well ooo but Bitcoin never reach to dey use compare with coke because right now I no sure say e get any country wey no dey accept coke but so many countries never still dey accept Bitcoin for payment including our country Nigeria. Even though say Bitcoin don stay up to the years wey you mention here I feel say e never really dey very popular like that and I believe say the more we dey advertise am dey tell people everyday the more people all over the world dey know about am.E go shock you say e get some people wey no even know wetin Bitcoin be even as we speak now so the more we talk about Bitcoin I believe say more people go see more reason to invest in Bitcoin.
Have you by any chance thought about bitcoin and how bitcoin gain popularity or rather how you take hear about bitcoin, some people don hear but them no feel like to accept am, one thing I will always tell people is don't discriminate any thing that has to do with new technology cause the world don dey change and it's best you accept the change.
Any person wey never hear about bitcoin for now no dey use social media or rather you're referring to old people wey no get interest, every social media platform dey talk about crypto almost everyday and person go use social media talk say bitcoin dey strange. Bitcoin adoption depends on the view and how people see am no be only to hear.

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February 05, 2024, 10:04:25 PM
 #36

Greetings Bitcoin enthusiasts
 
While scrolling passed some Bitcoin related news, I came across a generous act practiced by a miner or miners, who gave over 1600 person free electricity from their generating power grid. And this is happening live at Malawi.
Source: https://blockbuild.africa/hydroelectricity-malawis-mining-homes-grid/

Sincerely speaking those beneficiaries of this electric power supply would be curious to know more about this Bitcoin mining and it's network, and before you'll know it more persons would want to adopt Bitcoin. That is why is why giveaways and promo are one of the best strategy of advertising. The miner might not be advertising Bitcoin, but his deed has already done the advertisement unknown to him.

Indeed we know that Bitcoin is a decentralized currency, meaning it is not controlled by a central authority. However, no one is being paid to advertise Bitcoin to increase its adoption, but the good news from the coin and the testimonies it's holders have is enough for other to trace and want to know about it. And often times the people who fight or give false info about the coin are indirectly advertising it to the public. Take for instance the media, it was after they placed a ban on crypto in Nigeria, that was when I became curious to know what it entails but I never got the chance to complete my research until I met this forum.

All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.

People might know may have heard about Bitcoin but the question is to what extent were they told about it
A lot of persons might be interested  in Bitcoin but the question wat is exactly is Bitcoin how does it work , wat is it all about  people need answers to these questions to be able to get that  conviction 
I think Bitcoin has really been advertised lately knowingly or unknowingly to the advertisers.
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February 06, 2024, 06:24:30 AM
 #37

It is just like asking if coke needs advertisement, secondly, there is a say in my dialect that says a good market sells itself and this is where Bitcoin's 15 years of existence has taken it to, and at these current stage of adoption and popularity that Bitcoin have gotten, it no longer needs advertising to continue its existence, not that people won't continue to be Bitcoin advocate, but it will now have little impact to the rate of adoption.
My brother, I agree with you o. As garri no need advert, nah so e be with Bitcoin. They say tell a person to tell a person nah so Bitcoin dey use spread and now wey internet don dey accessible even for some rural areas, nah so e go dey spread fast to them so no body go dey left out. At the rate wey people dey hear about am, e no go take long for am get a wider  outreach.

R


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Uhwuchukwu53
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February 06, 2024, 07:03:27 AM
 #38

Greetings Bitcoin enthusiasts
 
While scrolling passed some Bitcoin related news, I came across a generous act practiced by a miner or miners, who gave over 1600 person free electricity from their generating power grid. And this is happening live at Malawi.
Source: https://blockbuild.africa/hydroelectricity-malawis-mining-homes-grid/

Sincerely speaking those beneficiaries of this electric power supply would be curious to know more about this Bitcoin mining and it's network, and before you'll know it more persons would want to adopt Bitcoin. That is why is why giveaways and promo are one of the best strategy of advertising. The miner might not be advertising Bitcoin, but his deed has already done the advertisement unknown to him.

Indeed we know that Bitcoin is a decentralized currency, meaning it is not controlled by a central authority. However, no one is being paid to advertise Bitcoin to increase its adoption, but the good news from the coin and the testimonies it's holders have is enough for other to trace and want to know about it. And often times the people who fight or give false info about the coin are indirectly advertising it to the public. Take for instance the media, it was after they placed a ban on crypto in Nigeria, that was when I became curious to know what it entails but I never got the chance to complete my research until I met this forum.

All I'm trying to say is, the market cap of Bitcoin has been increasing by there are no advertising team out there who are being paid for advertising Bitcoin to the public.

Bitcoin don't necessarily need any advert ooo my people said better thing they always dominant and take of market even if no advert so is Bitcoin. Just like the popular saying that success have many brothers, sisters,uncle's anuty and relatives even if it did not want, this saying is synonymous to Bitcoin weather advert or not it will keep dominating any environment and society which ever market. Every body need good thing na wetin make Bitcoin as good thing don be ogboge for town.

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February 06, 2024, 10:48:20 AM
 #39

Sometimes our passion for something may drive us to go certain length to make sure that people hear about that thing, even if you're not being directly rewarded for your action. A certain time I've also heard about a group of young Bitcoin enthusiasts who coordinated and hosted a Bitcoin rally, they were all wearing a Bitcoin inscribed attires and the rally was a very huge success and they even went as far as giving out gifts and lots of giveaways and some exciting and thrilling things that got people asking what bitcoin really is. That single event aroused people's thoughts on what Bitcoin really is, and I believe that through that, people would be drawn to Bitcoin investment and that way Bitcoin network is gradually growing by the day.
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February 08, 2024, 08:48:24 PM
 #40

Bitcoin in some extend really need to be advertised, because e get people way dey hear about am but them no really know watin Bitcoin be all about by advertising it e go  also make people way no too know more about am to know what Bitcoin is all about, e go also make am to grow faster more than the way e be now.
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