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Nathonas
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June 04, 2014, 08:17:52 AM |
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Wow can't believe I missed this. Thanks for posting. relevant question from the thread: "what made you want to accept Bitcoin payment for your new album?" 50 cent: "stay with times. technology is what's changing the business gotta get with it. I take money no matter if its coins or dollars." That's a good answer. He recognizes that the technology is changing and you will get left behind if you don't accept it. |
All we have to decide is what to do with the time that is given us.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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311
Full Member
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Activity: 230
Merit: 100
Come original.
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June 04, 2014, 09:49:36 AM |
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I hope more artists start accpeting bitcoin. It's good for publicity for both parties when they do.
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Divinespark
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June 04, 2014, 11:55:12 AM |
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It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?
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usupnaruto
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tolong sumbangannya pak...
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June 04, 2014, 12:36:23 PM |
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I hope this is a good start bitcoin acceptable among any including Hollywood superstars in there
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Neg
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June 04, 2014, 12:47:25 PM |
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It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?
50 Cent probably didn't instigate it, but he's made many other business decisions that have made him a lot of money. |
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Joshuar
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June 04, 2014, 12:56:27 PM |
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It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?
50 Cent probably didn't instigate it, but he's made many other business decisions that have made him a lot of money. I'm sure if those celebrities "advertised" Bitcoin, it would become Huge. I remember 50 once advertised a penny stock he has stake in on his Twitter, and made 9million off of it as his fans went to grab it up. |
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bryant.coleman
Legendary
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June 04, 2014, 01:07:43 PM |
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I'm sure if those celebrities "advertised" Bitcoin, it would become Huge. I remember 50 once advertised a penny stock he has stake in on his Twitter, and made 9 million off of it as his fans went to grab it up.
That is unethical. That is market manipulation. The penny stock mentioned here is HNHI. Quite a worthless stock, and the company does not do anything other than importing the "Sleek by 50" headphones that 50 Cent endorses. |
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311
Full Member
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Activity: 230
Merit: 100
Come original.
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June 04, 2014, 01:27:01 PM |
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It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?
50 Cent probably didn't instigate it, but he's made many other business decisions that have made him a lot of money. I'm sure if those celebrities "advertised" Bitcoin, it would become Huge. I remember 50 once advertised a penny stock he has stake in on his Twitter, and made 9million off of it as his fans went to grab it up. Is that even legal? Thats just like a pump and dump isnt it? |
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TYT
Member
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Merit: 10
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June 04, 2014, 01:30:30 PM |
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I'm sure if those celebrities "advertised" Bitcoin, it would become Huge. I remember 50 once advertised a penny stock he has stake in on his Twitter, and made 9 million off of it as his fans went to grab it up.
That is unethical. That is market manipulation. The penny stock mentioned here is HNHI. Quite a worthless stock, and the company does not do anything other than importing the "Sleek by 50" headphones that 50 Cent endorses. That sounds very unethical indeed. Depends how he advertised it though. |
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bryant.coleman
Legendary
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Activity: 3654
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June 04, 2014, 01:48:52 PM |
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That sounds very unethical indeed. Depends how he advertised it though.
He had a few million Twitter followers. He tweeted in his account, urging is followers to buy the shares. May did so, and the price climbed to almost $2.00 per share from just $0.10 in no time.  |
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SOAD
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June 04, 2014, 01:55:17 PM |
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That sounds very unethical indeed. Depends how he advertised it though.
He had a few million Twitter followers. He tweeted in his account, urging is followers to buy the shares. May did so, and the price climbed to almost $2.00 per share from just $0.10 in no time. Most of his followers are probably kids and plastic gangsters so I'm not sure how they managed to buy stocks. |
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DolanDuck
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June 04, 2014, 03:32:58 PM |
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With 50 cents accepting bitcoins as payment for his new album we I hope will see soon others VIP following it.
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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bryant.coleman
Legendary
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June 04, 2014, 05:44:03 PM |
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Most of his followers are probably kids and plastic gangsters so I'm not sure how they managed to buy stocks.
Most of them. Not all. Remember that the total market cap of that stock (before the tweet) was like $ 10 million. Even if 5% of his twitter followers had spent just $1,000 each to buy the stocks, that signals a massive investment of $250 million. |
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twistyfy
Newbie
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June 04, 2014, 11:16:54 PM |
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Source: http://www.coindesk.com/50-cent-bitcoin-payments-new-album-animal-ambition/50 Cent’s Shopify store will accept bitcoin payments for the new release, with BitPay acting as the payments processor. So that is very cool I think more and more artists are accepting bitcoins. I think alot of people have grown up with 50 cents music like his song in da club. But what would be really cool, if they give the people that buy bitcoin a signed copy of his album. just something like that so it would also attract new people to Bitcoin. Or do you think this news will just make people buy bitcoin that listen to 50 cent? That's progress though, right? This is a step towards artists accepting bitcoins as payment. |
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QuestionAuthority
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You lead and I'll watch you walk away.
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June 05, 2014, 07:26:41 AM |
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Fitty cent is yesterday's news. Lil Jon is the shit now. Turn down for what?
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forever21
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June 05, 2014, 07:36:38 AM |
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if this is true then bitcoin are going mainstream now  hopefully to see many artist accepting this then maybe bitcoin will bring back to its original price of 1k usd because of its demand |
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Denise520
Newbie
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June 05, 2014, 07:38:19 AM |
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Source: http://www.coindesk.com/50-cent-bitcoin-payments-new-album-animal-ambition/50 Cent’s Shopify store will accept bitcoin payments for the new release, with BitPay acting as the payments processor. So that is very cool I think more and more artists are accepting bitcoins. I think alot of people have grown up with 50 cents music like his song in da club. But what would be really cool, if they give the people that buy bitcoin a signed copy of his album. just something like that so it would also attract new people to Bitcoin. Or do you think this news will just make people buy bitcoin that listen to 50 cent? Maybe for Bitcoin ehthusiast, he/she will spend 5o cent listening to music. |
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cookiemonster7
Member
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Cookie...Cookie.
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June 05, 2014, 08:10:36 AM |
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Very smart way to make money in the age of piracy if this goes well then more record labels will use bitcoin to sell records and that will be highly beneficial to the bitcoin community.
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- “Genius is fine for the ignition spark, but to get there someone has to see that the radiator doesn't leak and no tire is flat.”
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bryant.coleman
Legendary
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Merit: 1217
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June 05, 2014, 01:09:21 PM |
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hopefully to see many artist accepting this then maybe bitcoin will bring back to its original price of 1k usd because of its demand
lol... 50 cent alone can take Bitcoin to $1,000. He is having more than 5 million Twitter followers. If just 1% of his followers buy BTC1 each, then the exchange rate will hit $1,000. (Just like what he did with the penny stock HNHI). |
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