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Topic: 50 cent accepts Bitcoin as payment for his new album (Read 4485 times)

newbie
Activity: 31
Merit: 0
Do y'all think he would have accepted Coinye? Cheesy
sr. member
Activity: 266
Merit: 250
This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.

May be. He has already done similar shit with the penny stock (HNHI). He might stash quite a few coins, and then urge his Twitter followers to do the same, just like what he did with HNHI.

Do you have a link/source that he did this?

What, you don't knew about this?

Check these:

http://www.theguardian.com/business/2011/jan/11/50-cent-ramps-stock-on-twitter
http://www.huffingtonpost.com/2011/01/11/50-cent-makes-87-million-on-twitter-encourages-fans-to-invest-in-scheme_n_807327.html

F^cker conned his fans and made some $9 million from the penny stock.  Angry
That is very interesting. I am curious as to why he was not charged with insider trading/market manipulation. #teamobama #becauseheisblack
sr. member
Activity: 305
Merit: 250
50 cent calling out stocks might be the only thing worse than Jim Cramer.... whoever listened is not exactly a financial guru.
hero member
Activity: 490
Merit: 500
This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.

May be. He has already done similar shit with the penny stock (HNHI). He might stash quite a few coins, and then urge his Twitter followers to do the same, just like what he did with HNHI.

Do you have a link/source that he did this?

What, you don't knew about this?

Check these:

http://www.theguardian.com/business/2011/jan/11/50-cent-ramps-stock-on-twitter
http://www.huffingtonpost.com/2011/01/11/50-cent-makes-87-million-on-twitter-encourages-fans-to-invest-in-scheme_n_807327.html

F^cker conned his fans and made some $9 million from the penny stock.  Angry

There are several interesting things to notice here:

Firstly, the simple fact that so many people look up to a single individual like this that's nothing but a rapper.
Secondly, that they blindly invest and/or support his endeavors.
Fanboys will agree with whatever they idol says.

I think that those who lost out has learned some very important lessons: People care about themselves first, fans are for most musicians nothing they particularly care about once they become big enough. And is really a single individual worthy of all that attention and admiration? And lastly, you never invest in something because your idol just tweeted about it, it might pique your interest, but do your own research.

Sometimes I cannot stop to be amused of the silliness of people.
legendary
Activity: 3654
Merit: 1217
This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.

May be. He has already done similar shit with the penny stock (HNHI). He might stash quite a few coins, and then urge his Twitter followers to do the same, just like what he did with HNHI.

Do you have a link/source that he did this?

What, you don't knew about this?

Check these:

http://www.theguardian.com/business/2011/jan/11/50-cent-ramps-stock-on-twitter
http://www.huffingtonpost.com/2011/01/11/50-cent-makes-87-million-on-twitter-encourages-fans-to-invest-in-scheme_n_807327.html

F^cker conned his fans and made some $9 million from the penny stock.  Angry
sr. member
Activity: 266
Merit: 250
This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.

May be. He has already done similar shit with the penny stock (HNHI). He might stash quite a few coins, and then urge his Twitter followers to do the same, just like what he did with HNHI.

Do you have a link/source that he did this?
legendary
Activity: 3654
Merit: 1217
This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.

May be. He has already done similar shit with the penny stock (HNHI). He might stash quite a few coins, and then urge his Twitter followers to do the same, just like what he did with HNHI.
sr. member
Activity: 266
Merit: 250
Well he's not really accepting bitcoins is he? He's accepting cash, and letting you give him cash via BitPay.

none the less, its nice to see any bitcoin related press/exposure.
bitcoin is still young, but of all the others investment opertunities, it seams to be blooming the best Smiley

This. And Laxori666 does not really know what 50cent is doing with the bitcoin sales of his album. He already has a lot of money and would not necessarily need to convert it to fiat right away.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Well he's not really accepting bitcoins is he? He's accepting cash, and letting you give him cash via BitPay.

none the less, its nice to see any bitcoin related press/exposure.
bitcoin is still young, but of all the others investment opertunities, it seams to be blooming the best Smiley
sr. member
Activity: 392
Merit: 250
WOW  Shocked
The good news, if so I'll buy it  Grin
member
Activity: 78
Merit: 10
I don't really like this kind of music but I support the idea!  Wink
hero member
Activity: 906
Merit: 657
Do due diligence
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?

It's a big deal for my adoption of 50 Cent. Don't think I've bought a rap Album since N.W.A.

If 50 cent starts to keep his coin he can collaborate with ytcracker https://soundcloud.com/ytcracker and do a remake of Bitcoin Baron https://soundcloud.com/ytcracker/ytcracker-bitcoin-baron-v1-ssl  Wink
sr. member
Activity: 322
Merit: 250
so he will dump millions of bitcoins to get his migthy $
just lol if you think rappers are going to be rapping about anything but cash$
hero member
Activity: 592
Merit: 500
I tried putting some tracks for sale on Coindl but kept getting told to re upload them so I gave up (last year).

For those interested, you can sell your tracks on Soundcloud for bitcoin (or doge/ltc etc) by using a site called Coinlock. You upload the track to Coinlock then use the link you get from them on Soundcloud on your song listing. You have to enter all the record label/ release date BS but once you have done that you will have a nice button/ link under your track saying something like "buy now with bitcoin!".

Now, I haven't sold any tracks to know that Coinlock works but it seemed pretty "legit", be your own label!

P.S. ofc it would be much better not to have a centralize company holding your tracks but it's still early days.

legendary
Activity: 1260
Merit: 1029
Cents accepting Bitcoin....that's just hillarious.
legendary
Activity: 1582
Merit: 1196
Reputation first.
That's a great news, hope that more artist accepts Bitcoin in the next future, label including (Sony, Vevo ecc.).

More of this, I follow 50 cent and I listen him  Grin
full member
Activity: 222
Merit: 100
great news.
wish we could use more artists to spread the bitcoin
legendary
Activity: 3024
Merit: 1640
lose: unfind ... loose: untight
Those are some steep prices. 650 dollars for 12 songs? I guess at the time you put it up it was more like 10.  Grin

Somewhere about $8, if memory serves.

Wait - I mean - hey! It charted and all! Gotta be worth it. ;^)

I'll update it when I get the time to work through the CoinDL interface again.

ETA: get rich or die tryin'
sr. member
Activity: 280
Merit: 250
Knowledge is Power
Meh. I've been accepting bitcoin directly for one of my albums for just shy of two years.

https://www.coindl.com/page/item/293

OK, so I don't have quite as high a profile as Fitty.

Hmm... maybe I oughta reprice that sucker. It was a good value at the time I put it up. XD


Those are some steep prices. 650 dollars for 12 songs? I guess at the time you put it up it was more like 10.  Grin
full member
Activity: 224
Merit: 100
VocalPlatform.com
Good, maybe 50cent doesn't even know a bean about Bitcoins but i think things like this increase it's popularity both Bitcoin and the Artist, i

as a musician, am personally glad of this because Bitcoin opens an endless lot of opportunities for us.
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