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Topic: What if, we advertise bitcoin on T.V.? - page 142. (Read 48038 times)

hero member
Activity: 798
Merit: 503
From the way I see it, I think its going to happen sooner or later but its a gradual process. Where I stay, I have seen it being advertised on forums and one that involve large number of people at the same time, I have seen banners in front of shops at the same time I have seen small banners hanged around poles of a community promoting crypto-currency so in few years, I see that happening eventually.
sr. member
Activity: 420
Merit: 250
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
That is a more established way of advertising and if that way for advertising bitcoin is adopted then all the people of the world will know about this currency and they all will then adopt bitcoin and they all will invest their money in bitcoin and then the demand of it will increase to a highest level and so the price of bitcoin will also increase to a highest level.
legendary
Activity: 1274
Merit: 1004
I don't think the main problem is the peoples unawareness anymore, people already have heard about it a lot but they just don't have perfect or sufficient knowledge about the system itself. that means they are the core mine users , they have a high potential and might be possible there skills and experience about something can help us even more on the development. I think yes tv advertisement should be there at least I can show my parents that I was not lying. And such things do really exist
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
Using the television broadcasting is a wise choice in order to increase public awareness about bitcoin. Many people can watch TV even they cannot afford to buy one. However, if this is to be done, who will fund the TV ads? ROI would seem blurry. Maybe shops may advertise their shop and state that they accepts BTC as a mode of payment but some folks will not care about the BTC portion since they do not know what it is.

This will become a reality of someone volunteered to do the advertising without expecting any return directly. On the contrary, this may also have a return for that someone who volunteered and that is seeing his current BTC in possession rose up in value.
hero member
Activity: 1148
Merit: 504
There is already a lot of exposure from tv series mentioning bitcoin. And if there will be an ad, the most suitable ones are ads promoting business and not just bitcoin alone. If it is just bitcoin, who would pay the bill? Unless OP is willing to pay the bill to make an ad for bitcoin.
full member
Activity: 140
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Everybody will know bitcoin in few years. Cryptocurrencies/Blockchain will disrupt all the current economic model. Just : Invest & Wait & See & Sell  Grin
sr. member
Activity: 812
Merit: 251
It is a laudable idea but who'll be willing to pay for Bitcoin to be advertised on tv? Since it's decentralized and no one seems to claim direct ownership of it I doubt anyone will risk investing his money into Bitcoin advertisements without any returns.
sr. member
Activity: 462
Merit: 250
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

          It is really a good idea if we try to advertise bitcoin in T.V but I have not seen one in our country. Well it is really also hard for the T.V networks to advertise bitcoin thats because they don't know where they get the source and money to pay them. I know that bitcoins are advertised online but I think advertising it on T.V will not really gain popularity and attention thats because like paypal i have not seen them advertised on T.V but they use referrals online and or T.V so I believe that doing referral is more effective way to make bitcoin known around the world. Also if they do actually advertise it in T.V its just like advertising a gambling advertisement.
sr. member
Activity: 434
Merit: 250
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
Definitely, you are right. Until now, i didn't see any of advertise about bitcoin in  any channels, So by making some advertisement about it on T.V. It will be great. Many peoples maybe enroll into bitcoin community by these pubs in TV.
sr. member
Activity: 546
Merit: 255
No need to advertise bitcoin itself. If you have company which is big enough to handle T.V. ads, advertise your own company and put Bitcoin somewhere inside of your ad, preferred payment methods maybe. You can directly advertise bitcoin too if you like but it doesn't make any sense unless you own thousands of bitcoins.


This is also a good idea to somewhat advertise bitcoin in a way. Maybe online shops that always advertise their own like Lazada or Zalora could maybe include bitcoin as a preferred payment method to their products or even franchising restaurants like Jollibee or any other restaurant could do also. I think by doing these will make people more aware of bitcoin.
sr. member
Activity: 966
Merit: 274
TV can be good media to reach wide range of possible bitcoin users but running tv ads will cost so much and nobody want to pay those money from their pocket.

There will be no any incentive for the one who will pay for those ads. However I think we may see some tv ads in near future from bitcoin related local services in few countries to promote their services.



Absolutely, since bitcoin is open source, no one in particular is going to make any profit  promoting bitcoin through TV ads solely as a currency. The legality of bitcoins is an issue, in most countries bitcoins has not been declared illegal, but still they have not accepted it as a legal currency. Might be due to this even the most die hard bitcoin enthusiast with some spare bitcoins would think twice before going forward with bitcoin as a currency TV commercial idea.

But, promoting bitcoin as means of a payment system through TV ads for services is safe. For example this Bitpay ad, https://youtu.be/Rm7wgmwKiAk

Bitcoin even made a special appearance in Deadpool. So bitcoin is catching up.
I agree on the point of legal matters. Before on thinking on making bitcoin advertisement all countries or a specific countries should be open on accepting bitcoin. Not on a wider scale like government i think because it may start a conflict on managing and manipulation. So it is not a good way to advertise bitcoin on TV or media as long as it does not have legality and acceptance. Developers should focus on developments to attract people on using bitcoin because it is easy to convince people if you will tell good thing about an specific thing. Just like on Bitcoin positive characteristic which people should want to experience and invest on.
hero member
Activity: 1106
Merit: 503
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Very bad idea with a "civil war" ongoing.
I assume you mean the one within bitcoin and not the world itself.   And that's a fair point,  but OP doesn't seem to understand the nature of advertising and who pays for it and the rationale behind it.  It's a suggestion someone very young or very naive would make, honestly.  There's no need to advertise bitcoin through media.  Period.

Exchanges should advertise Bitcoin on TV or other media, they will definitely get some users getting into their site and try trading. that will be beneficial to Bitcoin and other cryptocurrencies.
sr. member
Activity: 1316
Merit: 356
For me, that was a good idea. If we advertise bitcoin on T.V. it will became more famous then many people will interest bitcoin. In that case, the bitcoin market volume cap will increase and the price also will increase because the people that interested on bitcoin will buy bitcoin.
sr. member
Activity: 1190
Merit: 306
Very bad idea with a "civil war" ongoing.
I assume you mean the one within bitcoin and not the world itself.   And that's a fair point,  but OP doesn't seem to understand the nature of advertising and who pays for it and the rationale behind it.  It's a suggestion someone very young or very naive would make, honestly.  There's no need to advertise bitcoin through media.  Period.
member
Activity: 98
Merit: 10
For me that's a great idea for many people to go and become a bitcoin holder but we need someone or a company to make a advertisement about bitcoin having a sponsor is that easy if there nothing they can get they only sponsor a project if they can invest there money or get a share but in these case not gonna be easy to create this.
legendary
Activity: 1862
Merit: 1004
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
1. TV is in decline, more and more people are stitching to internet as a main medium.
2. There is no central authority nor company which stands behind bitcoin, who will pay for BTC related TV ads? You? Me?
3. If something is good enough of a product it will be discovered despite lack of TV commercials.
sr. member
Activity: 854
Merit: 252
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?


Well, most of the time I've seen only bitcoin in you tube for a demo, But in some news in the other country's there are some interviewer in the broadcast media, I'm not exactly so sure if it is in CNN news asking about in bitcoin. but if that happen in the T.V  advertisement that would be a big impact and advantage for us to spread more about in bitcoin.
hero member
Activity: 994
Merit: 544
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

Bitcoin advertisement both on social media and on television is a good way to promote and made known to public what is bitcoin all about. But the problem is that television advertisement does not come cheap and if we are going to advertise bitcoin or show it on air where will we get the funds and who will pay the advertisement. Since bitcoin is decentralized there are no organized management will shoulder the fees for the television show.
staff
Activity: 3500
Merit: 6152
The thing with open source, decentralized software (bitcoin) is that they usually don't have a specific team for the marketing for example, It all about the coding and everyone is free to contribute and help. So question is, who is willing to pay for the cause? advertising on T.V is definitely not that cheap.

I'm personally willing to donate for the cause, but who is going to collect those funds? That should be a known and trustworthy face on the bitcoin community like Andreas Antonopoulos for example.
sr. member
Activity: 1792
Merit: 264
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
It was very influential on society will be. If the bitcoin advertised on tv then bitcoin means has been on the State launches itself. This will be very popular bitcoin in public, so that those who do not yet know the bitcoin certainly will attempt to find out more about digital currencies.
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