Cryptocurrency and entertainment. - page 6.

TravelMug

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Quote from: avikz on August 18, 2021, 11:16:05 AM

Quote

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

The only news we need now is the news of bitcoin adoption by the governments through a legal framework which will pave the way for merchants to accept it with ease. That's what we need now!

Bitcoin wouldn't thrive without granular level adoption. Whales are not so important for the survival of bitcoin. But we need granular level adoption and for that we need legal framework from various governments of the world. Such things might trigger the next bull run and make it even more popular!

Yes, this could be one,

[1] governments investing bitcoin as a reserve
[2] huge companies preferably in the top 1-20 will put bitcoin in their balance sheet
[3] online stores such as Amazon started to accept bitcoin
[4] governments making bitcoin as legal tender.

So far that's what on top of my head, you might agree or disagree though.

dothebeats

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I doubt there's any one single news that could propel crypto's name into popularity and be the talk of the town for months. A lot of people are already used to crypto news now, even if they don't fully understand what it is or what it does. Forks, crashes, and bull runs are what makes cryptocurrencies pop in the news websites and mainstream media. But these events are also pretty common now that they aren't really something that is going to get the public's attention for long.

Coyster

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Quote from: Rruchi man on August 18, 2021, 10:40:03 AM

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

I don't really think there is any, I know in the past one year or so, there have been quite a lot of big news about Bitcoin and it has made more people interested in the network, but more often than not, the effect of these news is ephemeral and it mostly only has an effect on the price for the meantime, but mind you that if you're talking about mainstream adoption, to achieve that, people need to appreciate the value of Bitcoin, not just one news or the other, but they need to be willing to take the responsibility of 'being their own bank' and taking control of their funds.

Mind you that most of the news on social media about Bitcoin is even negative as the media tries to highlight the network as being where one can easily get scammed and lose their funds, thus what would actually increase Bitcoins popularity and advance mainstream adoption is when people understand that the network is a sort of change to the centralized financial system, and that with Bitcoin no government can control your funds but you.

dark1234

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Newspapers and entertainment applications, both online and offline, are the most powerful print media to make everything known and famous, be it positive or negative news. and this is one of the main reasons that an industry and technology can develop faster, and that also applies to the crypto world

famososMuertos

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I think you lives with the approach of what is news is the best or that the best is news.

So much positive news happen daily on technologically e.g. and in individuals who are driving the world with their ideas and are not popular at all ... something like that It happens with bitcoin, it is there, it does not need viral "movements" to reach more people, this is a process that breaks paradigms, it is something that takes place slowly for some, for others it goes fast.

The process is happening, the change is happening, maybe you need a viral news so that you believe that it is happening ... but bitcoin is here among us.

By the way, news; related to entertainment, the AMC cinema chain will receive payments in cryptocurrencies, Paris Hilton is a fan of NTFs, Hollywood and streaming chains, she lets herself see some movies where the subject of bitcoin is discussed...etc.

So ... you don't have to have so many flash, lights or carry a blin, blin to be present.

______

just_Alice

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I can’t fully agree with you on this one. Such a substitution can only be accurate for cheap shitcoins, which can only live off hype and can’t survive without constant attention. Decent cryptocurrencies speak for themselves. They’re great in their features, thus, attract customers and investors and only then get on media, not the other way around.

LUCKMCFLY

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News is very important in cryptocurrencies, especially when there are many people who depend on them to make decisions that have to do with trading, although I personally do not see news when I do my analysis, so I do not intervene with my trading decisions. . This also reminds me of Jesse Livermore's books advising against watching the news.

Of course the news has its effect, both for FUD and FOMO depending on their behavior. Sometimes I think that a lot of the news is generated by the effects of the whales and that the manipulation of the market goes from the news to the trends of social networks, and this usually moves emotions and feelings in people, for this reason is that the market is also moving in a certain direction.

uneng

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The difference between entertainment and crypto currency on this matter is that crypto currency naturally appears on the news for important reasons that have a real impact on the life of people involved with them, while entertainment industry and its members usually fabricate stories and situations to artificially appear on the news and consequently become a trend for futile, worthless reasons that have no use in their audience's lives at all.

Crypto news can help people to know more about bitcoin, to start adopting it, to understand better the technology that is going to change the financial system, so these news actually have a positive effect. And entertainment news are just about gossips and intrigues in celebrities' lives. Things like this don't add anything useful in life. It just distracts people's focus from what is really important for their personal evolution.

Quote from: Rruchi man on August 18, 2021, 10:40:03 AM

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

News about crypto currency are good as they already are. They don't need to be like this or that, they just need to be natural and report the facts in real time.

TheNineClub

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As someone pointed out, it could be the adoption of governments, but that's a slippery slope and maybe the long way to go about getting recognition. I'd say, for the most part, people want to hear about crypto being more stable and the use of tech being more widespread. That type of news would get more people behind it.

Hydrogen

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Quote from: Rruchi man on August 18, 2021, 10:40:03 AM

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

I think crypto has had many news stories that would increase its popularity. They simply do not receive the broadcast strength needed to penetrate deep into public consciousness.

More than 4 billion unbanked demographic using and relying on crypto around the world. Cuban immigrants in the USA using crypto to send money home to their families in cuba. Asset protected crypto like bitcoin outperforming state issued fiat currencies in nigeria in terms of inflation. There definitely is no shortage of positive news relating to crypto with the potential to go viral. The only thing missing is coverage by major media sources, which for whatever reason. Choose instead to focus solely on alleged negative aspects of crypto. Many of which have shown to be inaccurate over time.

palle11

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I relate with that you are saying with example like BnB. Far back in 3 years ago binance was not popular exchange but recently it has become a very popular exchange and that has hype the coin, BnB very fast than we expect and the CEO kept developing the platform. Currently binance is doing an identity verification that ended yesterday 17th August. This identify verification that is tightening withdrawal and deposit into binance is further bringing it limelight about how secured it is to hodl your coins. Although that I have my own reservation on it about regulating withdrawal and deposit but it is putting binance on the public because of the news it will generate. Therefore, if bitcoin and cryptocurrency have such public gigs, it can get more adoption. adoption is the bigger news that the public and ethusiast expect.

swiftbits

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Crypto provides its own entertainment for a trend; as long as we constantly evolve and provide satisfaction to the users, it will surely reach out to more people in the online community. We can create news as long as it provides value to the targeted audience.

Shenzou

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I see some resemblance on what you are saying, but with cryptocurrency and bitcoin they are the center of attention themselves, what i mean is that news are created around them with companies and governments accepting them or banning them or using them as a payment method, and the price change and the popularity are what actually affect these news, and the news themselves along side the users influence the price so it is a cycle, so crypto and bitcoin don't need news from outside its own environment to stay alive.

inoes

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News about crypto , who can shock the world is about technological advances, world leaders, and big industries. these three things often make trending both in print media, social media and electronic media.
as an example is the advancement of blockchain in the field of DeFi initiated by uniswap that has taken the world by storm. and now the concept continues to be developed. there is also NFT both game-based and others.
an example of a world figure is Elonmusk. are you aware that he is the one behind this year's altcoin season? certainly with policies and decisions that are phenomenal. the more phenomenal, and the more updated, and the more it causes a stir, then that's the news you're need.

avikz

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Quote

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

The only news we need now is the news of bitcoin adoption by the governments through a legal framework which will pave the way for merchants to accept it with ease. That's what we need now!

Bitcoin wouldn't thrive without granular level adoption. Whales are not so important for the survival of bitcoin. But we need granular level adoption and for that we need legal framework from various governments of the world. Such things might trigger the next bull run and make it even more popular!

Rruchi man

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In the entertainment industry, entertainers need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that Entertainers need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

(Replace "entertainment" with "cryptocurrency")

In the cryptocurrency industry, cryptocurrencies need the news to trend and remain in vogue. Be it a good news or a bad news, it puts their names up on blog post, newspaper headlines and most importantly in the mouth of people. We can deduce from this that cryptocurrency need the news to stay valid and in vogue and without trying to constantly be in the news be it for a good or bad reason, they can fade away and people quickly forget.

Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity?

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