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Topic: Is there a disadvantage in the publicity of cryptocurrency? - page 2. (Read 668 times)

newbie
Activity: 72
Merit: 0
All those people entering crypto in late 2017 were driven by fomo also made by mass media. Now this is the majority that lost a lot of money after the recent correction. It's obvious they all will be very negative about crypto and righ now media are talking that Bictcoin is a scam and you should avoid it at any cost.
newbie
Activity: 28
Merit: 1
A lot of hype but not a lot of adoption. The biggest problem with cryptoocurrencies is the fact that most of it is not mainstream. Even Bitcoin being the largest and oldest cryptocurrency is still unheard of y most of the population. Other coins are much much worse.
jr. member
Activity: 140
Merit: 1
 There are many benefits not highlighted anywhere either in newspapers or the internet. Some of them gain importance because of local problems not discussed in public (though governments do it clandestinely, denying its citizens to gain in similar ways). some main benefits are:-
 1.Better than the infamous Hawala Deals
 2.An Exemplary Investment Tool like a SIP- Systematic Investment Plan
 3.Decentralized means you are safe from any organization's poor show
 4.Safe International Transactions
full member
Activity: 456
Merit: 100
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?



Many criminals store their robbery into bitcoin so it cannot be tracked.
I think this is a negativity about bitcoin, but bitcoin as more positivity than the negative

They might do that however they won't put it all in bitcoin since it's volatile they're afraid that the value will decrease in no time which is a big no for them. It's sad to think that people use to ride the popularity of bitcoin just for their own interest and suck others money.

As long as there are greedy people bitcoin' s image won't change to those unknowledgeable.
newbie
Activity: 154
Merit: 0
This is one kind of promotion because again this will raise in previous value everyone understand the crypto potential. Because if someone created a scam related to crypto. Then the people will be fooled by it because of the bad advertising.
member
Activity: 159
Merit: 10
My country is literally boiling from all of this crypto-related news, roamers and advertisements. Politics from the screen, bloggers in internet, all of the advertisement around the web, everything is screaming - go and invest in us xD
member
Activity: 238
Merit: 10
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?


Also we can think about the positive effect of that if we would consider that every person who hear about the cryptocurrencies from advertisement channel would consider it as worthy because they allow this to be advertised after all.
member
Activity: 124
Merit: 10
Theres no disadvantage in the publicity of cryptocurrency because pubilicity helps bitcoin to become famous. Is a very good timing To show the people in the country that bitcoin is very beautifil by giving profits a huge profits in a short period of time even you are in your house.
hero member
Activity: 1666
Merit: 453
People say whatever they want after the publicity of cryptocurrency they will say a lot of negative comment but making it known all over is a good thing... Like they will know its possibilities as well.

TRUE!
the publicity of the bitcoin will gain more demands from newcomers.
they are eager to participate in cryptocurrency.
though the popularity has bad sides like government want to regulate bitcoin.
newbie
Activity: 211
Merit: 0
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?


Of course!.it has a very powerful means to educate, inform and promote any cryptocurrency all over the world. We can publicly do it effectively through social media the the fastest way to it is through the internet.
hero member
Activity: 3052
Merit: 606
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?


Publicity of Bitcoin helps makes it popular and draws a lot alof attention to it. This is a good thing but the information that is spread during this advertisement is crucial because although it convinces people to invest in Bitcoin it doesn't, it doesn't explain to them how to do it.
This accounts for reason why many people go into investment and later abondone it because their expectations weren't met.
I think if you really want to make your bitcoin investments be successful,you should not only rely to the advertisement itself.You should go beyond on it and make your own research and studies on how the crypto market works.Having good advertisements for bitcoin at the moment may be a good start for its market price to increase even more and reaches new peaks again.
newbie
Activity: 168
Merit: 0
No and it is the opposite because cryptocurrency is establish already and many rumors already spreading about the benefits that one could get joining in cryptocrreny. Well there are some negative rumors also but it could not compensate from the good news being spread publicly that is why there are many people joining on cryptocurrency. 
full member
Activity: 546
Merit: 100
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?



Many criminals store their robbery into bitcoin so it cannot be tracked.
I think this is a negativity about bitcoin, but bitcoin as more positivity than the negative
newbie
Activity: 51
Merit: 0
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?


Publicity of Bitcoin helps makes it popular and draws a lot alof attention to it. This is a good thing but the information that is spread during this advertisement is crucial because although it convinces people to invest in Bitcoin it doesn't, it doesn't explain to them how to do it.
This accounts for reason why many people go into investment and later abondone it because their expectations weren't met.
newbie
Activity: 69
Merit: 0
Advertising is the engine of trade. We need More information about cryptocurrencies on the Internet, on television, on the radio. And then, of course, new players will come, the more the better.
newbie
Activity: 280
Merit: 0
Yes, I believe that too much publicity also has a negative impact in the cryptocurrency wherein people are expecting more on an iCO during the pre token sale and on the later part, the exchange rate to dollar had huge dropped which makes people being disappointed in end. this ICO perhaps had spend a lot and turn out that during the sale, less people had been investing despite of the successful campaign period.
full member
Activity: 198
Merit: 100
Many peoples are understand in negative crypto but good traders are know the exact possibilities. this is one kind of promotion because again this will raise in previous value everyone understand the crypto potential. I think there is no disadvantage about publicity about bitcoin. I think it will help people to know abou bitcoin. Then people are agree to invest it more.
sr. member
Activity: 910
Merit: 257
Cryptocurrency is now an established medium of trade and has been profitable for most of the members of the community. I know that most people have heard of BTC in different avenues of communication may it be in SNS, blogs or even news the only thing that's keeping them from really utilizing crypto is their fear of it. Still, Crypto has been advertised and made known to the public. We all know that advertisement is a necessary method to invite investors.What could be its negative effect to crypto?



Well, there is always a disadvantage when one thing is becoming more popular and public. For one, it can be exploited by some bad elements because the amount of profit they can get from this market can be so massive. Some people have gained a fortune venturing in this market and that may also happen for them if they would be successful. However, more so the fear of facing such consequences, I think that it's a good thing if it will become public because of the idea that more and more people will be introduced to the reality of the market, and so, more and more will be enlightened as to how cryptocurrencies really work.
member
Activity: 364
Merit: 10
Advertising is one of the most fundamental of all that is, especially for the crypto-currency market, I think this year by the end of the summer season, there will be even more infusions in this area of activity than last year.
hero member
Activity: 966
Merit: 546
No, not really. Sure there will be a lot of people that bought in the high because of all the news coverage and shilling going on by mainstream media, good or bad, but overall it is actually positive for Bitcoin. Now this year when it is late in Q4 there may be a huge gain in value just because the news coverage was so huge, people might have an expectation of growth later in the year. This has happened many times.
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