Author

Topic: What if, we advertise bitcoin on T.V.? - page 135. (Read 48062 times)

sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
The price will adjust according to commercial rate of the television policy, there will be no difference on this matter, It will be very easy if bitcoin is acceptable in wallstreet or other big trade market, it will automatically appear bitcoin advertisement on newspaper and will continue on advertising on tv, but it's more effective to now advertise it on advertisement websites in collaboration with google adsense.
hero member
Activity: 3080
Merit: 603
The transaction fee is still the same, people are calling it as high fee because what can you expect with the price increase? I know in the future everything will be fixed and people will not complain about it. That's why if bitcoin will ever be advertised it will be effective just like what is being market online.

Nope, the fee is bloated. In the past years, you can still send tx with fees below 100 sats per byte and confirm in few minutes. But now, you are lucky if your 200 sat per byte tx fee gets confirmed within a few hours. You cannot compare fees in dollar, because fees are not computed on fiat value but the size of the tx.

Yes the adjustment with the fee is there but I really don't know why people are complaining about the fee because I still consider it as cheap one with the usual method of sending money with the use of any remittance method. I just hope that there will be no negative result if bitcoin will be advertised by someone on a national television.
sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
If bitcoin is advertised on television sets then many more people will get aware about it and if it is promoted by some film stars or by super models then it will be an added advantage as people follow them and it will make them to follow their favorite stars and may start using bitcoins in future.
legendary
Activity: 2240
Merit: 1069
The transaction fee is still the same, people are calling it as high fee because what can you expect with the price increase? I know in the future everything will be fixed and people will not complain about it. That's why if bitcoin will ever be advertised it will be effective just like what is being market online.

Nope, the fee is bloated. In the past years, you can still send tx with fees below 100 sats per byte and confirm in few minutes. But now, you are lucky if your 200 sat per byte tx fee gets confirmed within a few hours. You cannot compare fees in dollar, because fees are not computed on fiat value but the size of the tx.
full member
Activity: 179
Merit: 250
You can't advertise something which most of the people will never truly understand or want to understand or need to understand, talk and make thousands movies about space exploration and going to mars, you think everyone go sign up to go to the mars?

Bitcoin is good, actually it's a 21st century's miracle but is not intended for everyone and it wasn't designed to be used by all people.

Many people are occupied and are busy as it is with their routine daily lives and jobs, they already have their own ways of making money and deal with traditional banking system, they would consider spending time on learning and researching cryptocurrencies as a waste of time or simply unable to find some spare time for it and take it serious as we are right now.

Current generation doesn't need technology and can't understand the importance of internet, only future generations can cherish new era of modernity.

If it is advertised properly accompanied by education it can work. But yes it needs to be simplified because most people are too last to learn something new.
The main thing is to create something where bitcoins payment will look like an option and nothing specia, not agressive marceting or people will accept it negativly as some ney scam scheme.

It has to be done just right. something very friendly. Maybe focusing on the charity aspect of bitcoin.

hero member
Activity: 700
Merit: 500
Good idea honestly. If enough people took a percentage of their signwture campaign earnings and advertised bitcoin in their local places. We could print fliers or something!!
sr. member
Activity: 672
Merit: 250
It will make bitcoin more popular and can attract a new users, but it will create controversial because some people don't like bitcoin because they assumed that bitcoin is used to support terrorist and doing illegal things and it also can increase the government awareness which can lead to regulation, so it is better to not advertise from tv, but from social media and news
I guess advertising it on national television can be a good thing or can be a bad thing. Well ofcourse not all the people are thinking the same if others want or truely understands what is bitcoin they will not hesitate to try it, but ofcourse some people does not want to know about athin or two about it. That is why it is better not to advertise.
sr. member
Activity: 812
Merit: 250
Thanks to wannacry, Bitcoin is being advertised on the internet, on the television and even the newspaper. It looks like that wannacry is the trend of this week and Bitcoin is also get some good attention from this case
legendary
Activity: 2982
Merit: 1028
We do not need any more advertisement. Bitcoin is already being mentioned in some tv series, that is enough to stir curiosity in some people. And unless someone will foot the billing on tv ads, it will be hard to push. What we need now is solutions to high fees and confirmation time so that new users will not be discouraged to use bitcoin.
newcomers will be curious if they will see more ads coming from the tv and as you mention there are already some tv series which already provide some knowledge regarding to btc and for sure curiosity will let them go and invest the more people got engage the more follower will take and with those concerned with fee's and delayed that also should be taking caring of.
sr. member
Activity: 742
Merit: 250
It's a crazy idea but I like it, it's never been suggested to date. If Bitcoin is advertised on TV, I believe there are more people who know Bitcoin and use it because television is the most basic medium, almost every family has. At that time, the popularity of Bitcoin would be much broader. However, is a coin of freedom, it is not under the control of anyone. Advertising costs are quite expensive so no one dares to do this. This will require the help of the BItcoin community. That's just my opinion
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
I think that wouldn't happen it most countries cause mostly those media corporations are controlled by their centralized governments and some of those governments hates a decentralized currency that is bitcoin.
So why help it to grow even more instead they will have advertisement's about how great their banks.

Most of the television channels aren't controlled by the government. Where there is free speech right the channels have autonomy and right to say and promote what they want (since it's not anything shady). Governments can't forbid it.

The case you say only happen in dictatorial countries like Venezuela, North Korea, Cuba and any other leftist paradise.

Since the advertiser has money, the television channel will make the ads appear without problems. The question here is, who would give money to promote BTC on television?
hero member
Activity: 3080
Merit: 603
Advertising Bitcoin on T.V would be pretty nice to see, I could see someone trying to surf the T.V channels and accidentally watching a Bitcoin commercial while the price of Bitcoin is at $100,000 or so. If bitcoin gets really famous then the price of Bitcoin and the amount of times it will be featured on T.V will start to get people a little bit mad because they knew he or she should’ve held their coins before the price went up.
It will make the adoption of bitcoin fast because that type of advertisement is going to be shown many are going to decide that they should enter bitcoin while the price is quite low.

When it gains popularity,that will surely happen we should expect its transaction to have high fees and slower service. Before putting it on tv ads their should be a development first on its service delay to make sure it can accommodate lot new users.
The transaction fee is still the same, people are calling it as high fee because what can you expect with the price increase? I know in the future everything will be fixed and people will not complain about it. That's why if bitcoin will ever be advertised it will be effective just like what is being market online.
hero member
Activity: 1666
Merit: 502
I think that wouldn't happen it most countries cause mostly those media corporations are controlled by their centralized governments and some of those governments hates a decentralized currency that is bitcoin.
So why help it to grow even more instead they will have advertisement's about how great their banks.
I think the government only admonish not controlled if there is any content from the media TV that is not true and now with the virus "ransomware wannacrypt" bitcoin has a space to be advertised on TV. I don't know what is good or bad  Grin
sr. member
Activity: 1400
Merit: 269
I think that wouldn't happen it most countries cause mostly those media corporations are controlled by their centralized governments and some of those governments hates a decentralized currency that is bitcoin.
So why help it to grow even more instead they will have advertisement's about how great their banks.
hero member
Activity: 1106
Merit: 502
Great, if this is realized more and more people are familiar with bitcoin. More and more companies are willing to invest in bitcoin, I think this will make bitcoin prices go up. Many countries have started monitoring bitcoin and legalizing bitcoin as a means of payment.
hero member
Activity: 742
Merit: 500
How could they advertise something if they don't know it on the first place, it would just be a waste of time, because advertising it on TV doesn't assure you that bitcoin would be popular, and it would cost a lot of money to start with, since we are going to advertise it on TV, and the more the people would see, the expensive you are going to pay.

So, in my opinion, there is no need to do such thing like this, because bitcoin will be popular on the right time where people would fully accept it and use it on earning money, for our income to increase that we could use in our everyday lives.

I think also that there is no need since bitcoin now can't even handle the number of transaction that takes too long delays so if ever it advertise alot will get curious and might get disappointed on its service.
hero member
Activity: 714
Merit: 500
Not at this point I think. Small investors are already starting to get on board while the big time ones are still being traditional with their approach towards crypto currency investments at this time. That is on the investment part alone. In terms of currency, it is even more complicated because of the many issues being faced by bitcoin. It is still in the early stages and a worldwide advertisement is not something that's going to work right now. If it promises somerhing, it must be able to delivee on its selling points.
legendary
Activity: 2240
Merit: 1069
We do not need any more advertisement. Bitcoin is already being mentioned in some tv series, that is enough to stir curiosity in some people. And unless someone will foot the billing on tv ads, it will be hard to push. What we need now is solutions to high fees and confirmation time so that new users will not be discouraged to use bitcoin.
sr. member
Activity: 378
Merit: 250
BlockChainBroker - The Real Estate Exchange
Advertising Bitcoin on T.V would be pretty nice to see, I could see someone trying to surf the T.V channels and accidentally watching a Bitcoin commercial while the price of Bitcoin is at $100,000 or so. If bitcoin gets really famous then the price of Bitcoin and the amount of times it will be featured on T.V will start to get people a little bit mad because they knew he or she should’ve held their coins before the price went up.
It will make the adoption of bitcoin fast because that type of advertisement is going to be shown many are going to decide that they should enter bitcoin while the price is quite low.

When it gains popularity,that will surely happen we should expect its transaction to have high fees and slower service. Before putting it on tv ads their should be a development first on its service delay to make sure it can accommodate lot new users.
hero member
Activity: 3080
Merit: 603
Advertising Bitcoin on T.V would be pretty nice to see, I could see someone trying to surf the T.V channels and accidentally watching a Bitcoin commercial while the price of Bitcoin is at $100,000 or so. If bitcoin gets really famous then the price of Bitcoin and the amount of times it will be featured on T.V will start to get people a little bit mad because they knew he or she should’ve held their coins before the price went up.
It will make the adoption of bitcoin fast because that type of advertisement is going to be shown many are going to decide that they should enter bitcoin while the price is quite low.
Jump to: