how the name of Bitcoin is spreading globally!

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: cryptomaniac_xxx on February 01, 2023, 01:07:04 PM

Quote from: uneng on February 01, 2023, 12:53:48 PM

That is the brand of the chickpeas used by the businessman behind it. Probably he discovered bitcoin online and created his own brand using its name and logo. I found another similar product, which must belong to the same business company:

snip

Probably it's a marketing strategy to captivate bitcoin enthusiasts to becomes their customers, due to the sympathy they have for bitcoin's aesthetics.

Oh ok, so it make sense now, he is using it as a marketing strategy obvious for his products across. And if some crypto enthusiast get a hold of it, for sure he might buy the product thinking that he is supporting bitcoin or bitcoin gold, so good strategy.

On the other hand, it's kinda misleading as well, specially for newbies who see the bitcoin gold logo and investigate and then began investing thinking that what they are putting their money is the true bitcoin.

Unless investors were sold the idea bitcoin gold is the real bitcoin I do not see how this is misleading, a business owner saw an opportunity to make their products more popular by using the name bitcoin gold on their brand as a marketing strategy, but at no moment any attempt is made for anyone using the brand to invest in cryptocurrencies, besides if this is enough to deceive someone from investing in bitcoin then I doubt they will be capable of investing in it anyway since there are several bitcoin forks out there and that would be confusing enough for them.

lalabotax

full member

Activity: 1498

Merit: 132

BK8 - Most Trusted Gambling Platform

I ma not thinking that Bitcoin will spread globally in this way at all This may be only in some areas, especially in the country. But spreading to the global will need much more that. Alhtough I also appreciate the effort, they are trying to introduce Bitcoin to the more people in the country. At least some of them notice the existence of Bitcoin.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

It is bitcoin gold and it is clear from the name that does not mean it is bitcoin.
But when you see the words of those of you who do know, it's better to change the title because it seems like it's bitcoin considering I don't think everyone knows about it.

As for the spread of bitcoin, maybe we already know and have felt that conditions like this are very natural for them to be known everywhere. Many people talk about it, there is a lot of news about it, of course the Internet is now advanced and we can know about things like this with the rapid information available on the internet.

Rengga Jati

hero member

Activity: 1932

Merit: 622

ROLLBIT > Crypto's Most Rewarding Casino

Quote from: leonair on January 31, 2023, 11:38:46 PM

Is it Bitcoin Gold or Bitcoin and Gold?
Bitcoin and Gold fonts are in different colors. And I was aware when @Jawhead999 said about Bitcoin Gold. The font color of Gold is using the gold color, which is why it seems not really clear if they are at once advertising and introducing Bitcoin, or Bitcoin Gold, or Bitcoin and Gold because those are all investments. But if we can see at glance, the word that is really clear is Bitcoin. The word Bitcoin is clearly seen here and we will notice it at first instead of the Gold word in the pack.

But well, this is very interesting to see how people there introduce this thing in order to spread Bitcoin. Moreover, it is still not really legalize, I am wondering if will it be a problem after the government notices about this Grin

Kelvinid

sr. member

Activity: 2800

Merit: 344

when lambo...

Quote from: el kaka22 on February 02, 2023, 02:41:04 PM

Doesn't matter if it is the gold one, it still shows the bitcoin name there and that's a good marketing for us. However, something major such as crypto.com being on the world cup or being on formula 1, is much bigger of course because it reaches to bigger amount of people.

The adoption happens when you have people that matter start talking about it, politicians and celebrities and influencers all talking about it spreads it even further.

I believe that cryptocurrency is already been know globally, what we just need is their trust. But with the continuous market adoption of Bitcoin, this will bring a chance that it will change the doubters into believers. It really takes time to capture the interest of the community and this kind of marketing strategy mentioning Bitcoin Gold still has a huge impact on Bitcoin. Generally, all of these things carry the entire crypto market to another way of awareness, not only Bitcoin and Bitcoin Gold.

el kaka22

legendary

Activity: 3500

Merit: 1162

www.Crypto.Games: Multiple coins, multiple games

Doesn't matter if it is the gold one, it still shows the bitcoin name there and that's a good marketing for us. However, something major such as crypto.com being on the world cup or being on formula 1, is much bigger of course because it reaches to bigger amount of people.

The adoption happens when you have people that matter start talking about it, politicians and celebrities and influencers all talking about it spreads it even further. That happens more commonly during the bull period and looking at how we are increasing in price right now, if we go up a bit more, like to over 30k levels, then we are going to start seeing those things in the long run for sure.

Yatsan

legendary

Activity: 2394

Merit: 1231

Leading Crypto Sports Betting & Casino Platform

Anything which generates profit would be for sure, famous to the eyes of the majority. Why is it spreading across the globe? because of impressions towarda this technology and that includes misconceptions. This industry is believed to generate profit easily but in reality there's no such thing. But somehow it attracts more people still, to engage in cryptocurrency. Downside? Many people are becoming prone to huge losses simply because they don't know what they are doing. This market is highly volatile in terms of prices which results to loss IF you'd choose liquidation over endurance of market behavior. This technology is still young and I hope that as it is spreading to more countries, development continues.

maxreish

sr. member

Activity: 1330

Merit: 326

Bitcoin is truly becoming more widely adopted and recognized globally as a form of payment and investment and of course it is being adopted too fast nowadays.
Many businesses and individuals are accepting Bitcoin as a payment method, and some are like that of the business you have posted which are agri products with bitcoin name on sacks to spread awareness about bitcoin. Products with a Bitcoin label are products that are specifically designed and marketed to cater the community.

That source of chickpea sacks is surely a bitcoin enthusiast. Nice to see those products are widely used .

Look at this , I saw this online which we can order if we need to. Grin

Image Source

Quote from: UchihaSarada on February 01, 2023, 01:03:47 AM

Bitcoin is a digital gold but it is not Bitcoin Gold.

If you are the producer printed those bags, you can order the printer to print it is "Bitcoin is a digital gold"

The current label Bitcoin Gold is a free advertisement for Bitcoin Gold, not for Bitcoin.

If you print Bitcoin Diamond, you are shilling for Bitcoin Diamond, not for Bitcoin.

How Many Bitcoin Forks Are There?

At first glance, it thought it's just bitcoin but yeah its bitcoin gold. It has some big impact with this kind of shilling for bitcoin, too. We can't deny about it. Since bitcoin gold was an idea created as a fork from bitcoin .

uneng

hero member

Activity: 2030

Merit: 777

Leading Crypto Sports Betting & Casino Platform

Quote from: cryptomaniac_xxx on February 01, 2023, 01:07:04 PM

On the other hand, it's kinda misleading as well, specially for newbies who see the bitcoin gold logo and investigate and then began investing thinking that what they are putting their money is the true bitcoin.

And even though bitcoin logo and format are open source, in my opinion what this businessman is doing is a kind of plagiarism. If he wanted to support bitcoin somehow, he could have added a bitcoin logo in small size on the packages of his products, with that popular saying "bitcoin accepted here", within a deposit address and QR code, but never putting bitcoin as the brand of his business.

vv181

legendary

Activity: 1932

Merit: 1273

The "B" itself does not represent Bitcoin Gold logo, i wonder what the producer actually has in mind. If the bitcoin gold community are truly endorsing those products, it would be crazy to note the target market they represent, I mean, I don't understand what the benefit of the program is. It's not a charity, and even if they use it as marketing, they should have used bitcoin clout instead of its fork.

Quote from: leonair on February 01, 2023, 03:34:52 AM

But it is uses a fork of Bitcoin. And it has Bitcoin compatibility.

The code is changed, so it does not have any compatibility with bitcoin whatsoever.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: cryptomaniac_xxx on February 01, 2023, 01:07:04 PM

Quote from: uneng on February 01, 2023, 12:53:48 PM

That is the brand of the chickpeas used by the businessman behind it. Probably he discovered bitcoin online and created his own brand using its name and logo. I found another similar product, which must belong to the same business company:

https://saraswatitraders.com/brands

Probably it's a marketing strategy to captivate bitcoin enthusiasts to becomes their customers, due to the sympathy they have for bitcoin's aesthetics.

Oh ok, so it make sense now, he is using it as a marketing strategy obvious for his products across. And if some crypto enthusiast get a hold of it, for sure he might buy the product thinking that he is supporting bitcoin or bitcoin gold, so good strategy.

On the other hand, it's kinda misleading as well, especially for newbies who see the bitcoin gold logo and investigate and then began investing thinking that what they are putting their money into is the true bitcoin.

Newbies who don't do research before releasing their funds will surely fall for this. It's misleading and might only confuse investors. They are actually not promoting cryptocurrency but rather promoting their product in a creative marketing strategy. It will be attractive to crypto users but will not be too interesting to those who are aware of this selling style. It's just a labeled sack after all.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Maybe the person who made the sentence forgot to add the word "is", so the writing became Bitcoin Gold. And hopefully, @OP can explain the person who wrote it so they can fix it. Or maybe the author wants to invite people to invest in Bitcoin Gold. And if true, it is a wrong decision because we already know the potential of Bitcoin while Bitcoin Gold is a Bitcoin fork.

Bitcoin has spread globally, but some people still don't want to use bitcoin, even only to use it as a long-term investment because those rotten advertisements have fooled them.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: uneng on February 01, 2023, 12:53:48 PM

That is the brand of the chickpeas used by the businessman behind it. Probably he discovered bitcoin online and created his own brand using its name and logo. I found another similar product, which must belong to the same business company:

https://saraswatitraders.com/brands

Probably it's a marketing strategy to captivate bitcoin enthusiasts to becomes their customers, due to the sympathy they have for bitcoin's aesthetics.

Oh ok, so it make sense now, he is using it as a marketing strategy obvious for his products across. And if some crypto enthusiast get a hold of it, for sure he might buy the product thinking that he is supporting bitcoin or bitcoin gold, so good strategy.

On the other hand, it's kinda misleading as well, specially for newbies who see the bitcoin gold logo and investigate and then began investing thinking that what they are putting their money is the true bitcoin.

uneng

hero member

Activity: 2030

Merit: 777

Leading Crypto Sports Betting & Casino Platform

That is the brand of the chickpeas used by the businessman behind it. Probably he discovered bitcoin online and created his own brand using its name and logo. I found another similar product, which must belong to the same business company:

https://saraswatitraders.com/brands

Probably it's a marketing strategy to captivate bitcoin enthusiasts to becomes their customers, due to the sympathy they have for bitcoin's aesthetics.

blockman

hero member

Activity: 2912

Merit: 627

Vave.com - Crypto Casino

I was happy when I saw the name but after reading the entire thing, there's gold on it. Well, then that's the altcoin, the fork of bitcoin that's dedicated to CSW.
But looking at the positive perspective and it's just bitcoin alone, whatever is the product and whoever manufactured those sacks, putting bitcoin on its name is creative. We all have an idea that whoever came up with that name and idea is surely a bitcoin investor or btg whatever it is, they surely are part of the crypto community.

Yogee

sr. member

Activity: 1526

Merit: 412

I find this really funny regardless if the text written in the bag is bitcoin or bitcoin gold. You can also say it is spreading globally but for the wrong reasons in some countries. I mean yes any form of marketing can be good but other gullible people may think it's a brand of chickpeas rather than a cryptocurrency hehe.

TastyChillySauce00

legendary

Activity: 2982

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

It must come from a company that is affiliated with bitcoin gold lol. Bitcoin gold was a scam coin created by scammers to imitate bitcoin. it's a failed coin. even though if it was mentioning name of bitcoin but it doesn't mean newbies can know which is true or fake bitcoin.

Newbie shall do some research before. That bag of chickpeas was fooling people. it must be a part of marketing trick that ran by hang yin. lol

Questat

hero member

Activity: 2800

Merit: 603

Well, this could possibly confuse the mind of people, especially those who really never know Bitcoin. They might think that Bitcoin Gold is also Bitcoin. Nothing benefits from it aside from getting confused and rises questions about the real Bitcoin.

But as we know, Bitcoin is already been known globally and if we talk about cryptocurrency, Bitcoin is at the top of our minds. Besides, spreading the name of Bitcoin is easier if we use social media platforms and I see it was more influential way than doing what OP has shown to us.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Jawhead999 on February 01, 2023, 12:30:44 AM

Bitcoin Gold and Bitcoin are different coins!

Bitcoin Gold is a Bitcoin fork, as you can read it on their official site https://bitcoingold.org/

It's misleading if you think the company in your country are want to spread a real Bitcoin globally, since they're promoting for Bitcoin Gold. It's either they got tricked and think Bitcoin Gold is a real Bitcoin or they have a purpose to promote Bitcoin Gold.

That information might mislead newbie then invest their money on bitcoin gold instead the real bitcoin so maybe those people around there who knows the real bitcoin should clarify this that bitcoin gold and bitcoin is different coin so that there information receive is accurate and they will not expect any huge to a wrong coin. This is not how to spread bitcoin because bitcoin itself is not been on the pic so I guess it was made to promote the other coin which people need to look closely.

jrrsparkles

sr. member

Activity: 2380

Merit: 251

Eloncoin.org - Mars, here we come!

I doubt it has nothing to do with bitcoin gold as well which is entirely different from bitcoin while I was thinking someone who heard about the popularity of bitcoin and decided to use the name so people may get attention to it so its simply a marketing strategy sketched by someone to make some money.

Topic: how the name of Bitcoin is spreading globally! (Read 241 times)