Funding a movie with Bitcoin possible?

ipanks

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Quote from: superskillz on July 09, 2017, 06:46:16 PM

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

maybe it could be possible but I don't think that this is a good for the investor because besides bitcoin price is too volatile, I think they only want to hold their bitcoin. but I think there will be any people which have a big amount of bitcoin that willing to invest his bitcoin to the movie and he wants to try to be the investor in the other section so bitcoin will spread more in the movie industries.

WhaleSlayer

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I don't understand why you would want to finance it with someone else BTCs. If you need money you need money, no matter in which form. BTC holders are NOT more likely to finance your film than any other FIAT based rich person.

LogitechMouse

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Instead of doing a movie, why just do some documentaries since it has the same purpose to share information to others. Who will be the cast of characters? Who will be the director or the cameramen? And how can you make a movie with the creator shrouded in mysteries? This is not a good idea for me.

ronremsey25

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I think it is a bad idea to fund a movie via Bitcoin. We all know that Bitcoin changes its value each time, each day so it will not be appropriate. If in the contract you settled a amount of Bitcoin and at the end of the production the Bitcoin fall its price, then its staff and actors will be depressed and will not be satisfied with the payment.

datodota002

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you have to do some testing fund movie in small scale and find out if the production can be done with all bitcoin or not. because you dont know if there is some property or equipment for filming that cannot buy with bitcoin.

kokobaba880

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As the bitcoin is started accepting every where for bigger transaction so it is true to say that bitcoin will be use to fund the movies it is very easy and profitable to come to the bitcoin. In other currencies you can make many payments but in bitcoin you will pay in BTC or you can exchange it to other coins as well. Like all this bitcoin is used for many investments and other funded jobs like Non profit organisation and other banks etc are invested much amount in bitcoin and it is expected that the countries will allow digital money.

maaydin

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I believe that it would be possible even if they are in doubt to accept it or not there is a reason that you can cash out your btc whenever you want which makes the coin valuable and people wouldn`t refuse it.

deviant99

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Yep it is possible, making a big movie requires a million budget. Funding it with bitcoins will help the producers to create it. But the process might to long if they don't easily get it or exchange it to physical money.

Cryptron

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Well it is much possible since it can be exchange to other current currencies. The only problem will be if the director, producers, staff and the actors/actress will take the Bitcoin as the payment. It can be it the parties agree to it. But if will be a disadvantage if the price went down in the time of payment.

Fujiati

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Quote from: superskillz on July 09, 2017, 06:46:16 PM

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

hy bro .. to make a movie with the budget it would be able to make a movie, but to pay people related to the making of the movie certainly with money, even if you have bitcoin of course you will exchange it say to USD to membanyar film, director and other. It is not like that ?

Chanock

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Maybe movie industries will use bitcoin soon for movie funding. Nowadays everything are possible and because bitcoin is continuously rising movie i'm pretty sure that movie industries will use bitcoin to produce new movies.

lvincent

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I think it's possible to fund a movie using just bitcoin i mean so far bitcoin gained its popularity so i'm sure that there are investor who are interested to invest. I read an article once that there are a building in dubai that is now under construction this buildinh is funded by only bitcoin there are a lot of investor now interested in bitcoin so i'm sure that is really possible.

Swopon

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I think that's possible.We can see that to produce a movie there is not much money needed that btc can't fund that.You have to just find the investors who want to invest his/her btc to a movie literally there's everything possible with bitcoin

luigidosado

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It is probably possible to fund a movie using bitcoin, as long as there's enough budget allotted to create the movie. There will be enough budget if the investors will provide enough money in (btc) investing their money to produce a film.

Xervo

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It would be great to make a film about the bitcoin itself, financed by the bitcoins. It would be a documentary and feature film about the creators of bitcoin, ravitia ... It would be very interesting, and it would be an excellent tool for the popularization of bitcoin. Of course, the reality is severe, and you would face many legal and financial difficulties, but the idea is very interesting!

ir.yance

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Quote from: superskillz on July 09, 2017, 06:46:16 PM

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

For me it's probably because bitcoin is able to finance the movie, and also the richest currency bitcoin

keithers

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You can basically "fund" anything with Bitcoin at this point (by converting to fiat first), but if you are meaning to directly pay all parties that would be involved in production with Bitcoin, that would be far more difficult.

A lot of people in the industries have certain quotas that need to be met, so paying them in a fluctuating currency, wouldn't be the most effective way to get the job done.

ivrynx

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it is possible, from the finance sector we alreadynsee them investing on bitcoin so why not from the entertainment industry, actors may already been using them without going out to the public, hollywood is not an exception, for all we know, actors are already investing in bitcoin, and they prefer to be paid by bitcoin rather than fiat.

Despacito

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Quote from: superskillz on July 09, 2017, 06:46:16 PM

Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?

What do you think would be required to get enough interested contributors including some whales?

It would be possible if and only if an American star plays role in the movie and he/she confirms this.

guoyu78

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Quote from: Azkabal on July 20, 2017, 01:58:11 PM

Well, it is possible to fund all things with BTC, and movie too. You just need to find investors, that will be interested in it (your movie must be really profitable)

But BTC is risky thing.

How you can say that bitcoin is a risky thing? I mean why you are saying that bitcoin is a risky thing. Bitcoin is very important and trusted currency it has change the life of people and still you are saying that it is risky if you are interesting to get extra money very fast. So go and search all the market you will never find a thing like bitcoin. Because bitcoin is trusted.

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