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Topic: How can we stop Bitcoin's negative publicity?-Rebranding. - page 4. (Read 1120 times)

newbie
Activity: 52
Merit: 0
Bitcoin is here to stay according to Warren Buffet .there is no currency that is been advertise to  the public to be use since the inception of financial revolution. what we need is more usage in online shops. we can also create our individual shops online where we only accept cryptocurrency for the purchase of goods and service only . by so doing many we have no choices than to use cryptocurrency . it must start from us here
legendary
Activity: 4424
Merit: 4794
Find some killer application for the Lightning Network and something that would disrupt the corrupt Banking and financial institutions and we will make a positive impact on it's future.  Wink

lightning is not bitcoin. it actually asks users to add in the chainhash, to allow the node to know which chains to monitor. lightning is a multicoin network of IOU transactions measured in 12 decimals.

in short lightning is a visa app to different nations fiat..
(swap visa for LN and swap 'nations fiat' for altcoins)
thus making lightning a killer app for crypto currency (coins) and not a feature of pure bitcoin
legendary
Activity: 1232
Merit: 1195
"Rebranding" cannot occur until bitcoin starts gaining in price again.  That's the only way the "rebranding" will work for the masses.

Why does the price matter? Even if it started to rise again you'd still get fud and panic-spreading in the media as their headlines will just change to "is this another bubble" or "when is the bubble going to pop". Now that such a drop happened from $20k to $6k all they'll ever talk about is how long it is untill the bubble bursts again.

You cannot change the history of this technology. Things like Silkroad and Mt Gox will forever stay in people's minds, when they think about Bitcoin, because it is part of it's history. The thing that can be changed, is it's future. The positive things that we do now, will change it's future.

Find some killer application for the Lightning Network and something that would disrupt the corrupt Banking and financial institutions and we will make a positive impact on it's future.  Wink

I very rarely ever hear about the media talking about Silk Road and certainly not Mt.Gox. Those things are ancient history, but as I said above their new line of fud is just bitcoin being a bubble and that's enough to scare most people away.
hero member
Activity: 1274
Merit: 516
I think bitcoin need publicity, bitcoin popularity need to be increase so a lot of people know and it could attract new investors, as long as there is a person that used crypto for bad things the negative news will keep on appearing and the media really like to expose the negative side of bitcoin, the one that we can do is to keep on giving a proper explanation and knowledge for people, it can be from Youtube, blog or seminar
full member
Activity: 434
Merit: 101
So I am subscribed to quite a few crypto news and general news websites; and one thing that frustrates me to no end is to see such negative publicity of this currency!
And I know most of the people are of the opinion that bitcoin doesn't really need publicity! But I think a little rebranding is very much needed to put bitcoin in the good light.Try to focus on the good things of it, its qualities, maybe it will help it to stabilize or something?
Whats your say on this?
It is not just the bitcoin but the whole cryptomarket is going through a public negative rebranding because of people who do not know it, they often called it as a kind of scam which is totally not. There are many people who literally do not know bitcoin but spread shitty news on it. I would be very glad if the bull runs off this year and sees negative people crazy buying bitcoin.
jr. member
Activity: 154
Merit: 1
In my personal opinion, I don't think bitcoin needs any rebranding. Bitcoin is already a big name and it has stood the test of time and triumphed over every form of attack. This is no mean feat, I am sure that the people circulating negative news about bitcoin know that they can't succeed.
I would agree. We can ignore negativity and what would be even better - spread positive information about BTC and what it does. That way attracting more people !
jr. member
Activity: 98
Merit: 2
Guys maybe I wasn't able to successfully articulate my idea. Rebranding is not only about the name changing since name is only the part of brand and not all of it. I meant to say that we can change the perspective of general audience in a way that it is more than an asset,that you buy and sell with price fluctuations and start treating it like a currency.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Re-branding is a bullshit idea. Bitcoin is based on the ideology of disrupting the current economy and not a multi-national company that you can change names when you fell like. Its not like some IT firm whose name changes everyday Roll Eyes

People who speak bad about a new concept will always be there. You cannot stop them. Think of the all the big ideas that brought in revolutionary changes to this world, if the creators would have been swayed by their propaganda would they exist today? Same with crypto as well.

No-coiners and bearish people will be there to drag down those who are making money from bitcoin - its because they are jealous and they got FOMOed. Just let them suffer which we get rich. Grin
copper member
Activity: 168
Merit: 0
Seeing negative news is part of the cryptocurrency ,that should not be new to any one in cryptocurrency by now , but it clear to me that most of the news were used to manipulate the market in favour of those that baghold or what to get more bags of the coin , example is what happen to btc three days ago which brought about it sudden spark in price .
newbie
Activity: 56
Merit: 0
It might be too late to rebrand. After all, I think Bitcoin is currently holding its own in that department. Of course, there will always be naysayers out there, but it looks like more and more people gravitate towards crypto thanks to the positive feedback it's recently getting from big names and industry giants that are beginning to embrace crypto.
member
Activity: 868
Merit: 16
I think re-branding is not a solution to make bitcoin be regarded positive by everyone, because generally a new name if it has the same function it will be the same. It would be better for us to be able to educate people about bitcoin correctly, a bitcoin function that is unlike most media that give a negative statement. Using bitcoin is not a necessity but sometimes someone needs an alternative payment that is simple without having to have a part, I think it will be easily accepted by many people. Compared to giving education about bitcoin with full confidence that bitcoin will replace fiat money, it will be seen as negative.
jr. member
Activity: 98
Merit: 2
for those wanting a rebrand without breaking bitcoin. how about rebrand it to 'bits' as in we all start commonly measuring in 100 sat amounts.
1btc=$6500.00
1bit=$0.0065
1.00000000$6500.00(1btc)
0.10000000$650.00
0.01000000$65.00
0.00100000$6.50
0.00010000$0.65
0.00001000$0.065
0.00000100$0.0065(1bit)


that way it becomes a great opportunity for:
1. people to stop measuring things in so many decimals which get annoying
2. it automatically silences the false assumption that 'its not mass-sharable'  debate
3. it automatically silences the false assumption that 'its too expensive' debate
4. it refreshes people mindsets to a new era of bitcoin without actually changing rules
5. people become more comfortable that buying $65 gets them 10,000 units of something rather than 0.01 units of something
6. because it feels like a new era, people can still talk about the past. but have the feeling that its the past and not the present
7. then when 1bit=$1 the 'old schoolers' will see 1btc=$1m and the 'new school' sees the main common unit is only $1 so still cheap
Interesting! So maybe we could educate people about this?
member
Activity: 348
Merit: 10
So I am subscribed to quite a few crypto news and general news websites; and one thing that frustrates me to no end is to see such negative publicity of this currency!
And I know most of the people are of the opinion that bitcoin doesn't really need publicity! But I think a little rebranding is very much needed to put bitcoin in the good light.Try to focus on the good things of it, its qualities, maybe it will help it to stabilize or something?
Whats your say on this?

When something or something grows up, it may not be in the future, but it may come in the future with things such as negative words, negative actions, or negative reactions. But that is the pleasures of something that likes to succeed on these negative things.
jr. member
Activity: 73
Merit: 1
I think that is would be both a good and bad thing if bitcoin rebranded. It may bring in more people, if it was rebranded, but at what cost? Those that are involved already generally believe in it, so why rebrand? Is it needed?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You cannot change the history of this technology. Things like Silkroad and Mt Gox will forever stay in people's minds, when they think about Bitcoin, because it is part of it's history. The thing that can be changed, is it's future. The positive things that we do now, will change it's future.

Find some killer application for the Lightning Network and something that would disrupt the corrupt Banking and financial institutions and we will make a positive impact on it's future.  Wink
full member
Activity: 420
Merit: 100
nothing can stop Bitcoin's negative publicity, it's intentionally made by a group of people to drop it for profit, it's better we stay calm don't panic when there is negative publication in Bitcoin, and try to get many people to keep trusting bitcoin.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
In my personal opinion, I don't think bitcoin needs any rebranding. Bitcoin is already a big name and it has stood the test of time and triumphed over every form of attack. This is no mean feat, I am sure that the people circulating negative news about bitcoin know that they can't succeed.
something like that will always be there, and that is a natural thing. when a technology develops, there will be parties who support it, and there will be parties who want to drop it. and those who want to drop it, will definitely look for blemishes to be able to make bad news about the development of these technologies. this is one of them.
full member
Activity: 448
Merit: 100
In my personal opinion, I don't think bitcoin needs any rebranding. Bitcoin is already a big name and it has stood the test of time and triumphed over every form of attack. This is no mean feat, I am sure that the people circulating negative news about bitcoin know that they can't succeed.
hero member
Activity: 910
Merit: 512
I personally respond to this casually. not too panic when there is a negative statement from some hatres.
so I indirectly support for better bitcoin hodl.
member
Activity: 392
Merit: 10
Everything has two sides. You have to accept something, accepting both his merits and accepting their shortcomings!
The same is true for BTC. Any negative news can't be stopped. Accept it and find ways to resolve these negative news!
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