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Topic: Do you trust celebrities endorsing cryptocurrencies? - page 23. (Read 21868 times)

jr. member
Activity: 160
Merit: 1
The life's cycle of these cryptocurrencies are so unstable to be have them because popularity is not stable too. I am not against from them but I will not join to them.
legendary
Activity: 1330
Merit: 1003
I don't think that I would place my trust on celebrity backed coins. Since we all already know and have witnessed the cryptocurrencies can do very well without any celebrity backing them it begs the question if the creators are just using these celebrities to get more people to invest in their coin? I would not be opposed to it but I would have to do my own thorough research first.
member
Activity: 294
Merit: 10
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Of course everyone can talk, but a celebrity talking about a particular project might attract the attention of many people.
The goal is clear, marketing. So I think it's just a way to attract attention, and of course the whitepaper and roadmap remain the main considerations.
member
Activity: 266
Merit: 10
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

Do you believe all ads? I think the concept will be the same, but it's good if a celebrity is contracted for a particular project.
That means developers have strong plans to build projects and coin prices at the same time. So when the project offered has a good roadmap, why not.
member
Activity: 339
Merit: 15
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.


Never.

They are endorsing it for the profits. They know nothing about cryptos other than that is a good money to be made. If you see an ICO endorsed by a celebrity, run away as far as you can.

full member
Activity: 602
Merit: 105
Unfortunately, there is no reason to trust any celebrities, because they do not understand the cryptocurrencies and also i think it is very easy to "buy" their endorsements.
sr. member
Activity: 474
Merit: 250
At the moment I totally do not believe the celebrities in the project team on cryptocurrency, as EQUI is an example, they originally emerged by Michelle Mone in the project team, however after the official ICO, the project I have achieved soft-cap
jr. member
Activity: 89
Merit: 1
the celebrity can be part of an advertising campaign of one of the coins or exchange or the new wallet. here it is better to follow the experts. and then to analyze all by yourself. you could say that I don't trust celebrities.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

If it was a celebrity, then maybe that's a legit cryptocurrency. I would prefer trusting crypto endorsed by a celebrity because of the expense they invest to endorse their product in crypto.
jr. member
Activity: 112
Merit: 1
They get money for promotion. They don't understand what they're advertising. I dont trust such advertising.
newbie
Activity: 56
Merit: 0
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.

I think this will make no difference when they talk about shampoo or travel agents. A good project requires good marketing too, and maybe contracting a celebrity is one of the most efficient ways. So I think something like this is only part of marketing techniques, and maybe everyone will talk about different coins.
hero member
Activity: 2366
Merit: 504
It is good news that celebrities supporting cryptocurrency. It will help make crypto more strong and stable. I also think that celebrities endorsing coins will help create pressure on those against it to rethink their stance on crypto.
By any means those celebrities aren't literally supporting cryptocurrency but earning money through cryptocurrency by endorsimg some project that willingly to pay them for what they have which is popularity.
It's not they are believing the efficiency of blockchain system or what, they just here to make money.
member
Activity: 770
Merit: 14
www.thegeomadao.com
It is good news that celebrities supporting cryptocurrency. It will help make crypto more strong and stable. I also think that celebrities endorsing coins will help create pressure on those against it to rethink their stance on crypto.
newbie
Activity: 138
Merit: 0
i dont really trust it because they just advertise the coin and they just getting paid by advertising it.
jr. member
Activity: 126
Merit: 1
They just doing their job and they get paid.  Just like watching TV commercials or any other form of advertising. nothing to worry about.
jr. member
Activity: 280
Merit: 1
I will analyze and observe a project in Endorse by a celebrity, I think celebrities are paid to promote certain Crypto, they are just an attraction to attract investors and I think that is also a very good marketing strategy from Crypto developers, I think we should be careful careful before making a decision.
jr. member
Activity: 276
Merit: 1
Yes I do believe that celebrities endorsing cryptocurrencies is a good move for investors and crypto enthusiasts. At a time when many countries are trying to go against the new invention. Celebrities are giving life to it by supporting it. No matter whatever their motive is behind them supporting it, it is a good move to make cryptocurrency mainstream project.
member
Activity: 742
Merit: 12
Celebrities know nothing about cryptocurrencies, why should we trust in his/her opinion? They are just investors like us, believing in specific projects, nothing else. But, yes, if the celebrity is a developer, then we should consider reviewing his endorsement. If his logic is transparent, then yes we may listen to him.
full member
Activity: 462
Merit: 104
definitely not. i think they're doing this to get more money. and i think most celebrity crypto don't know or understand. it's just marketing.
Jpt
jr. member
Activity: 374
Merit: 1
I do not think that celebrities supporting cryptocurrencies have a real cause. Celebrities endorsing crypto is like a fashion I think. But it is a good initiative that celebrities are supporting cryptocurrency. But what is needed is self regulation and cryptocurrency should do what it is established for in order to make it more strong and stable.  
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