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Topic: Should we Re-Brand Bitcoin? - page 8. (Read 3455 times)

member
Activity: 909
Merit: 17
www.cd3d.app
October 13, 2018, 04:41:59 PM
  No,because bitcoin become famous since it was created until now. Original brand is much important and valued by the people than the re-brand. Let us stay bitcoin as what is it from the start until the end of it...but i think it will not end. Bitcoin will continue to live as long as there are demand and supply in tye market.
full member
Activity: 378
Merit: 100
October 13, 2018, 03:55:24 PM
I think cryptocurrency and so seen constantly from different sides, but to impose a certain view is stupid
full member
Activity: 826
Merit: 104
October 13, 2018, 03:54:04 PM
i dont think bitcoin need rebranding.
bitcoin is great name and its symbol is also best and no need to rebrand bitcoin.
just developer can develop bitcoin more.
full member
Activity: 336
Merit: 100
October 13, 2018, 03:40:52 PM
I think this is not necessary. We do not need to change the bitcoin brand as all investors are very familiar with it. If it changes, we will take a long time to promote it to everyone. Let it grow naturally and I believe everything will be okay. Time will help bitcoin go to more investors.
member
Activity: 490
Merit: 10
October 13, 2018, 03:31:46 PM
Not everyone accepts bitcoin only because they are not fully aware of its prospects, opportunities and advantages. But over time, trust in him will grow and strengthen. Therefore, it makes no sense to change anything in it.
member
Activity: 322
Merit: 10
October 13, 2018, 03:20:46 PM
I think that it is not necessary to change bitcoin. He already has a formed idea, which in itself is remarkable. People just need a little time to understand this technology and get used to it.

member
Activity: 378
Merit: 10
October 13, 2018, 03:00:21 PM
I think it's unnecessary. Bitcoin has already been created and its technology continues to evolve and improve. And these are the best indicators of its success. And the trust in him is already there, and over time will only improve.
copper member
Activity: 434
Merit: 0
October 13, 2018, 04:50:50 AM
I think Bitcoin is a popular name in itself and this will get even more fame in the next 5-7 years. Because as we are seeing, people have begun to take an interest in it and also understanding it, that's why the followers of Bitcoin is increasing daily. Therefore it is not necessary to re-brand it or change its name again.
newbie
Activity: 84
Merit: 0
October 12, 2018, 08:31:47 AM
If you eventually rebrand bitcoin it will create doubts in the minds of the persons we want to adopt bitcoin,after a good consensus,rebranding should be when we have the percentage of mass adopters that we think we need,but no need for rebranding, bitcoin has a good name ..
I think bitcoin doesn't need to be renamed, because bitcoin names and images as a tool to exchange and conduct transactions are good enough. Regarding negative images such as illegal, criminal, it's just a news issue highlighted to bring down bitcoin, because that's the other side of the negative campaign offered in countries that have rejected bitcoin.
jr. member
Activity: 72
Merit: 2
October 11, 2018, 11:09:13 PM
No, bitcoin is already established and recognized by its users. To rebrand bitcoin now will make it even more confusing, don't you think?
full member
Activity: 602
Merit: 100
October 11, 2018, 11:04:38 PM
I think the development of bitcoin because the community does not need to repeat bitcoin, let bitcoin run as it is and let the public determine the direction of the development of bitcoin in the future.
jr. member
Activity: 126
Merit: 1
October 11, 2018, 10:01:30 PM
I don't think the problem lies in the name (bitcoin). But I agree that perhaps, it needs some re-branding --a way to effectively communicate to society what it is and what benefits they can enjoy from it. Most of my friends only know of bitcoin as an investment. Some even think of it as a get-rich scheme and only a few recognize it as a potential currency. I think marketing bitcoin the right way could help people embrace it more.
sr. member
Activity: 647
Merit: 255
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
October 11, 2018, 06:07:18 PM
Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss  Grin Grin Grin

Rebranding is a very expensive process and not always useful. It took a long time for people to start recognizing bitcoin and its visual look and logo that changing it now will not make any sense. A bitcoin doesn't have a bad reputation to be rebranded. The opinions about bitcoin will always be controversial and rebranding will not be efficient in this case.
jr. member
Activity: 182
Merit: 1
October 11, 2018, 05:39:26 PM
I think bitcoin needs rebrending. It's rather outdated and new technologies are already much faster.
copper member
Activity: 24
Merit: 0
October 11, 2018, 04:20:02 PM
I can understand where you are coming from but I don’t see the re-branding of Bitcoin having any effect on bolstering its reputation nor making it less confusing. Let’s also take into account the logistics to perform such a task, which would cause more chaos and confusion than anything.

People are now acquainted with the name Bitcoin and will get used to how it works as adoption starts to kick in and they start to do transactions.
hero member
Activity: 2702
Merit: 704
October 11, 2018, 03:17:52 PM
Do you think Bitcoin needs some Rebranding?

Rebranding is the creation of a new look and feel for an established product or company. The usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.

First off, the name is a bit confusing? - Most people see the name and associate it with some physical coin. The media is also not helping with this

perception, because with every article about Bitcoin, pictures are shown of physical Casascius bitcoins.

The other aspect of Bitcoin that can be rebranded is it's bad reputation that has been built up and shilled up ..over years.

Every company gets to a point where they need to re-think their original goals and future plans... Why not Bitcoin? We have come a long way

since 2009 and making small changes will help us to take this into a new future, without the baggage of the past.

What would the pro's and cons of this be, and also the impact?

Let's discuss  Grin Grin Grin
The reasons that you are giving for the necessity of rebranding bitcoin seems very weak to me, the name is not confusing, at least not to me and I have not met a single person that said to me that the name was confusing, second since you are talking about brands then you need to understand that if you were to change the name of bitcoin then we will need to have to start from zero all over again, businesses spend a lot of money in marketing to try to make people to recognize their brand and that is something that bitcoin has achieved already.

And finally it is true that the media has made an effort to spread bad news and create a bad reputation for bitcoin but I do not really think that is that important, when the time comes and people realize they need to use bitcoin in their everyday lives they are going to forget all about that.
member
Activity: 392
Merit: 10
October 11, 2018, 01:41:19 PM
I don't think rebranding bitcoin is necessary. Bitcoin is already a brand name or a household name. So many cryptocurrencies have been named after it. All we need to do is to see how more merchants can adopt bitcoin for payments. We also need to increase the level of awareness.
jr. member
Activity: 243
Merit: 2
October 11, 2018, 10:31:28 AM
I dont think we need to rebrand bitcoin, what bitcoin needed is improvement in every way specially in transaction speed and how we can use it in our everyday lives like when buying groceries people can pay via bitcoin. If that happens, Bitcoin can be forever.
hero member
Activity: 3052
Merit: 606
October 11, 2018, 10:22:41 AM
Re-branding? I don't think it is pretty much necessary for a re-brand, what is necessary is to put up a solution to every problem that BTC is facing, the name stays, almost every part of Bitcoin should stay, and I don't even think that devs will even make a re-brand to BTC, that is way out of their plans, there is no need for a rebrand, what we need is a solution.
I believe so.There's no need to rebrand bitcoin since it has been popular already for almost 9 years.I think what we should do is to get more demands for bitcoin so that it will not continue to pull its price down.If only a mass adoption will happen sooner,then it will be an advantage for bitcoin to grow its price continuously.
sr. member
Activity: 1344
Merit: 261
October 11, 2018, 09:20:25 AM
Re-branding? I don't think it is pretty much necessary for a re-brand, what is necessary is to put up a solution to every problem that BTC is facing, the name stays, almost every part of Bitcoin should stay, and I don't even think that devs will even make a re-brand to BTC, that is way out of their plans, there is no need for a rebrand, what we need is a solution.
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