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Topic: ⚽Ronaldo / Coca-Cola/ Bitcoin ₿ (Read 437 times)

member
Activity: 1078
Merit: 15
June 18, 2021, 10:58:13 AM
#46
Let's see though if Ronaldo will have a long lasting effect compared to Elon's though since a lot of football fans are pretty loyal to their brand and they will probably stay in bitcoin as long as Ronaldo is in good terms with it but nevertheless, it's all pump and dump so we better be careful.
Of course it will be like that we can just go back a few years when ronaldo moved from club real madrid to juventus. Juventus stock immediately rose 34% at that time. and until now Juventus' impromptu fans continue to grow and their shares continue to rise due to the arrival of ronaldo.
and this will also be the same when ronaldo buys or holds bitcoin i think ronaldo fans will follow too and i'm sure of it. And not only among fans outside Ronaldo, it could be that his home country is also Portugal, which will also participate in holding bitcoins. In his home country, Ronaldo is still a compliment to both his citizens and the government.
full member
Activity: 2268
Merit: 121
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June 18, 2021, 10:42:57 AM
#45
The effect is temporary as the shares of Coca-Cola will increase over time as they do very well. Bitcoin has also been heavily devalued by Elon Musk. Bitcoin futures will also go up so I'm not too worried about celebrity behavior. The intrinsic value of Bitcoin is decentralization and scarcity so Bitcoin will soon rise again.
it's true that phenomena like theirs are commonplace and don't need to be discussed very big, but @elonmusk's behavior is unfortunately followed by people who actually make the wrong behavior, so that bitcoin is eroded by a deep correction. so that what is @elonmusk's intention is achieved to gain profit for himself. maybe it's different from coca cola where ronaldo only takes action without doing it for profit, so coca cola will be able to get up quickly. not with bitcoin which needs to be re-adapted before it can move up.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
June 18, 2021, 10:41:29 AM
#44
Ronaldo gets paid a lot of money in sponsorship. He probably thought that nobody has paid him to promote Coca Cola so why should he look like he’s advertising it for free. I wish Ronaldo would speak positively about bitcoin or something, it’d send the price up.
coca cola is number one beverage giants in the world, they sponsored in euro 2020,
cristiano ronaldo is start player and most popular football celebrity in the world.
i don't think he opposes coca cola for didn't get paid from coca cola.
coca cola is harmful for human health so that he preferred drinking water in place of coca cola.
I am guessing he, Ronaldo didn't know this when he was promoting Coca-cola back then right? All of them are the same, something is good once they are getting paid for it and no longer want to support it when it's not. We understand that Ronaldo by his status now has a lot of money and probably doesn't really drink coca-cola but he could have simply just left the drinks where they were placed and not also make comments after moving them. At the end of the day, all prices will return to the natural mode regardless of who is manipulating what.



I think he did what a responsible person would do when he realize that what he's doing isn't good for fans watching him allover the World. It's also possible he did that because the drink makes him look too common/inferior... Just hope the former was actually reason he did that. Will definitely increase my respect for him
full member
Activity: 504
Merit: 102
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June 18, 2021, 09:56:26 AM
#43
The effect is temporary as the shares of Coca-Cola will increase over time as they do very well. Bitcoin has also been heavily devalued by Elon Musk. Bitcoin futures will also go up so I'm not too worried about celebrity behavior. The intrinsic value of Bitcoin is decentralization and scarcity so Bitcoin will soon rise again.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
June 18, 2021, 09:19:53 AM
#42
What's the use of such value if it has to come from one single person and not because of the product's actual worth?
The price would only increase because there's an influence over it and it would probably decrease if the influence is gone.
If the price increases because people realize that it is worth it then the chances of decreasing in price becomes very low.
That's what happened with Elon Musk. I am happy that we faced the current decline because now we know the actual price of bitcoin.

Elon Musk played a dirty game with Bitcoin.
I look at the idea that people know the true value of bitcoin that day, and not just a pump.
Although Bitcoin is consolidating itself by being accepted into large companies, sometimes having a star next to Bitcoin forces people to use it!
Isn't that so?

Yes that is true and that is exactly what we don't want. We don't want people to invest in it just because some influencial person is using it.
Because that would make people to buy/sell it whenever that person says them to.
Instead we would want the audience to use bitcoin for their own purpose and buy/sell based on their own research and judgement.
That way bitcoin will become truly distributed.
full member
Activity: 868
Merit: 150
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June 18, 2021, 08:04:15 AM
#41
~
We have all seen this effects before, were are all the projects previous celebrities pumped before? DJ Khaled, Floyd Mayweather, John McAfee, all pumped for a while and they are probably not in the top 50 coins now. Same effect will be for Ronaldo if even he would have want to speak for or against any cryptocurrency. The effects is usually for a while as we have noticed even from the coca Cola's post be it negative or positive.
Sometimes the pattern can be broken and it is a small number but there is a big chance that it can really happen so we can't just brush it off. Maybe they aren't the right people to have a successful token or coin. Also, just because it will be a short lived pump doesn't mean that you can't make money out of it.
full member
Activity: 1512
Merit: 115
June 18, 2021, 07:54:19 AM
#40
Yap it will just be quick pump and dump, the real proof is elon musk.

What did he say about Doge is just temporary effect, so if Ronaldo talked about bitcoin then it will be same thing what we see in Elon musk case.
Let's see though if Ronaldo will have a long lasting effect compared to Elon's though since a lot of football fans are pretty loyal to their brand and they will probably stay in bitcoin as long as Ronaldo is in good terms with it but nevertheless, it's all pump and dump so we better be careful.
We have all seen this effects before, were are all the projects previous celebrities pumped before? DJ Khaled, Floyd Mayweather, John McAfee, all pumped for a while and they are probably not in the top 50 coins now. Same effect will be for Ronaldo if even he would have want to speak for or against any cryptocurrency. The effects is usually for a while as we have noticed even from the coca Cola's post be it negative or positive.
sr. member
Activity: 1330
Merit: 257
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June 18, 2021, 07:37:14 AM
#39

Coca-cola was pretty good when they were paying him, now that he doesn't receive checks from them he drinks water. Wait till Pepsi bribes him with a few million!


hypocrisy will always be everywhere, right you said.
let's see 1-2 years in the future if Pepsi buys his royalties, he will drink soda again,
For bitcoin, I think it's enough that Elon has made the price oscillate and the negative news has become even more cloudy . . . . . . . . . . . . . . . . . . . . . . .
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 18, 2021, 07:06:48 AM
#38
Yap it will just be quick pump and dump, the real proof is elon musk.

What did he say about Doge is just temporary effect, so if Ronaldo talked about bitcoin then it will be same thing what we see in Elon musk case.
Let's see though if Ronaldo will have a long lasting effect compared to Elon's though since a lot of football fans are pretty loyal to their brand and they will probably stay in bitcoin as long as Ronaldo is in good terms with it but nevertheless, it's all pump and dump so we better be careful.
member
Activity: 1358
Merit: 81
June 18, 2021, 06:59:24 AM
#37
If Cristano Ronaldo had an interest in bitcoin like Rusell Okung he could be a great influencer. But he still does not embrace bitcoin when that happens he could contribute in some way. I also do not believe in a magic formula that accelerates the price of bitcoin.

Thinking about how influencers could contribute in this case, Rusell Okung has written a letter to Muhammadu Buhari, President of Nigeria with the intention of providing his support to alleviate the tensions in his country. The president has not given him an answer, it is possible that he will not.

Quote
Mr. @MBuhari, I hope you will consider decisive action for the Nigerian people.

I’d love to offer my full support.

https://twitter.com/RussellOkung/status/1403889753938972673?s=19

As for other issues in development, as we know, not everything is rosy in El Salvador, the inhabitants need to be familiar with bitcoin, they must also feel comfortable and convinced with the Bitcoin Law that will take effect soon.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
June 18, 2021, 06:11:53 AM
#36
Why would anyone worry if Ronaldo own or use Crypto currencies? The guy is a Soccer player, not an expert financial Guru..  Roll Eyes  ....Oh, oh.. Sheep follow a shepherd ...even if the shepherd lead them to a cliff.  Roll Eyes

Ok, Ronaldo did the right thing .... because Coca~Cola is toxic and unhealthy and celebrities like him have a responsibility not to promote something that might be harmful to their followers... but how long did he get millions from that sponsorship ..before he did that?

I would much rather see an expert in Payment systems, coming forward to promote Crypto currencies.  Wink
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 18, 2021, 05:56:40 AM
#35
Did you learn nothing from the Elon Musk drama? Celebrity influence is not what we need,

We might not need but almost everyone wants it!

Just look at the euphoria when some celebrity is saying something about bitcoin, everyone thinks of the price nowadays, he promotes bitcoin he is good, he doesn't he is the antichirst! Remember when Goldman Sachs started investing in crypto-related projects? Almost everyone forgot how much they've hated banks and started clapping! Paypal? It was supposed to be dead, a scammer's heaven, now it's such a great company adapting, run by intelligent people that understand bitcoin!

As for celebrities:
https://www.cnbc.com/2021/06/15/kim-kardashian-west-charli-damelio-jake-paul-posting-paid-crypto-ads.html
https://www.coindesk.com/kim-kardashian-ethereum-max-why

Pay them a few thousand dollars and they will endorse any shitty token!!!

Ronaldo is just like any other influencers out there, and I think that if Elon or Bill Gates were to do the same thing, pretty sure that it will have the same results and yes it will have the same results if Ronaldo were to do it with bitcoin.

Doubt it!
When it's about drinking water probably Ronaldo will have more influence than Gates, but when it comes to financial advice..who do you think the masses will follow more? A businessman who is the top 3 richest in the world or a football player fined for tax fraud?  Grin
hero member
Activity: 3038
Merit: 617
June 18, 2021, 04:05:14 AM
#34


Ronaldo more influential than the celebrities who actually promoted their laser eyes. I would probably believe this guy is used by the big players out there just like Elon.

Yap it will just be quick pump and dump, the real proof is elon musk.

What did he say about Doge is just temporary effect, so if Ronaldo talked about bitcoin then it will be same thing what we see in Elon musk case.
But it will still make the prices move nonetheless no matter if it's a pump and dump scheme. Also, we don't know how long will Ronaldo's influence will last when it comes to advertising with bitcoin. One thing is for sure though, the power of influencers in the market shouldn't be underestimated.

If he does advertise BTC, then it's pretty much obvious this is a coordinated promotion that will eventually dump so when it's done its best to just sell at the ATH in the 4hour chart because it's always going to be temporary too.

member
Activity: 1120
Merit: 68
June 18, 2021, 03:41:51 AM
#33
Yap it will just be quick pump and dump, the real proof is elon musk.

What did he say about Doge is just temporary effect, so if Ronaldo talked about bitcoin then it will be same thing what we see in Elon musk case.
But it will still make the prices move nonetheless no matter if it's a pump and dump scheme. Also, we don't know how long will Ronaldo's influence will last when it comes to advertising with bitcoin. One thing is for sure though, the power of influencers in the market shouldn't be underestimated.
legendary
Activity: 2702
Merit: 4002
June 18, 2021, 03:34:13 AM
#32
The influence of individuals on the price of Bitcoin does not return to being an opportunity for speculators and whales to buy at a lower price, they sell large quantities with every bad news and return to buy again at a lower price, so it is nothing more than speculation in the short and medium term at best.

I do not think that such news will affect only for a limited period unless followed by a real purchase or investment decision, then the difference may be greater because the whales will do the opposite.
full member
Activity: 924
Merit: 100
June 18, 2021, 03:26:19 AM
#31
Yap it will just be quick pump and dump, the real proof is elon musk.

What did he say about Doge is just temporary effect, so if Ronaldo talked about bitcoin then it will be same thing what we see in Elon musk case.
sr. member
Activity: 840
Merit: 250
June 18, 2021, 03:18:35 AM
#30
with what has been done by someone who has a name, it is very influential for a company itself. because it follows the flow of the company. like what has been done by ronaldo. even though he only moved the bottle. cola fell drastically. we hope this does not happen with bitcoin. and what if it happens, it is not impossible that crypto will suffer the same fate as what happened to coca cola.
member
Activity: 868
Merit: 63
June 18, 2021, 03:15:30 AM
#29
Ronaldo is just like any other influencers out there, and I think that if Elon or Bill Gates were to do the same thing, pretty sure that it will have the same results and yes it will have the same results if Ronaldo were to do it with bitcoin.
legendary
Activity: 3024
Merit: 2148
June 18, 2021, 03:13:00 AM
#28
Did you learn nothing from the Elon Musk drama? Celebrity influence is not what we need, it only introduces more volatility which makes Bitcoin look bad and weak. And Ronaldo never said anything about Bitcoin, he has no reasons to promote it, unless someone pays him to, which I hope no one will.

Bitcoin doesn't need to be advertised, in fact I consider advertising it harmful, because if you didn't find Bitcoin on your own, it means you're not ready and will be sensitive too all the risks.
full member
Activity: 1638
Merit: 122
June 18, 2021, 01:04:44 AM
#27
he has a huge number of fans and if those fans are not invovled in btc then they can invest in bitcoin like what their idol is suggesting but if ronaldo leaves btc the prce of btc can also fell down because his fans can also do the same .
the scenario doesnt differ to elon and what he did with btc last time .
i like it better when people will invest on their own because they like it and not because they are under the influence of other people .
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