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Topic: What if, we advertise bitcoin on T.V.? - page 144. (Read 48038 times)

newbie
Activity: 42
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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?

Most countries don't accept BTC as a legal currency and they do think it is a thing that only criminals use to get away from the hold of the government.
But soon they will have to acknowledge the presence of bitcoin soon as it's price is rising and so is it's community.
Anyway I will not be surprised when I am watching TV and suddenly a pop-up appears that is somehow related to bitcoins. That is still far away. The reason to this is that there must be a lot of funders who funds these payments and since it is open-source nobody really cares about it. They only do care for thier own benefits and gains. Not all people I mean most.

Moral : TV ads will appear soon but it will take a while for the funders to get together and form a solid plan and convince the TV guys to allow thier ad. It's all giving me a headache to think about it. For now I think let's forget about it and hope and wait for the TV day.
hero member
Activity: 1050
Merit: 529
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?
The main problems this idea will face is, who will advertise bitcoin and How. Who do you think is rich enough to advertise bitcoin when it's not really gonna benefit him directly. Even if a group of people decide advertise then how will the approach be, have you even seen a currency been advertised, or have you even seen gold been advertised?
legendary
Activity: 3374
Merit: 1824
From legal viewpoint, in my country we can't start such advertisement.
Central bank didn't recognize bitcoin as official currency or way of payment.
In such conditions, we can't promote bitcoin officially.
I think it's much better to start education campaign through Internet (forums, social networks) and educate people about bitcoin.
We will have much more effect from it and more users will come.
legendary
Activity: 2030
Merit: 1028
It's a great option for marketing purpose but my country still forbid bitcoin usage so it's impossible for my country at the moment.

Luckily some local news able to review bitcoin although their marketing range still in low circle ( small range )
I'm sure if 1 people notice bitcoin value at the moment, they will tell each other for next day
legendary
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copper member
Activity: 2940
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Back in a day BitPay spent a lot of money on high-profile advertising of Bitcoin (not their own business), dogecoin community managed to get their coin on Nascar car etc. So it's nothing impossible by any means.

But as I wrote above, we're well past that stage. Pretty much everyone in a civilised world have already heard of Bitcoin one way or another and we get mainstream press hits almost on daily basis.


Edit: from 2014:
BitPay launches first TV campaign to promote Bitcoin
http://www.campaignlive.com/article/bitpay-launches-first-tv-campaign-promote-bitcoin/1327705
I think bitcoin advertisement on TV is not new anymore. BitFlyer in Japan made one a few months ago in case you are interested:

https://www.youtube.com/watch?v=5Ux95b2QsuQ



These commercial videos are not for promoting Bitcoin for me. The goal of those videos is to give them the opportunity to promote their business, not bitcoin, they mention bitcoin because it is a currency they use. I watched the videos, both in 30 seconds they mention Bitpay 3 times. It's some commercial videos to promote bitpay mainly. As I said, advertising on TV is to get a ROI from it, not promoting bitcoin without anything in return.
sr. member
Activity: 2436
Merit: 455
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.
sr. member
Activity: 378
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?

Not a bad idea to try something like this. I know it could be done because bitcoin sponsored a college football bowl game a few years ago.
sr. member
Activity: 756
Merit: 251
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Advertise through ads or some program? If it's through ads, i don't think a short ads can explain what bitcoin is to people, especially older audience and who will fund it in the first place? ads on tv in prime time is very expensive and no one want to pay it if they don't get any benefit. Bitcoin is already popular and publicity using online media is enough.
legendary
Activity: 3178
Merit: 1054
there is no need to advertise it anymore. the news about bitcoin had already spread out. ICOs every day made it possible too. besides who would pay for tv advertisement when its too pricey. BTC is already mentioned on movies as well. its already popular, regular people just don't understand it though which is why they are skeptical about using it.
hero member
Activity: 2646
Merit: 686
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?

Advertise Bitcoins as what? Instead of popularity it will raise more and more confusion. Bitcoin is not a product it's a currency, if you want to help in Bitcoin reaching masses insist on transacting only with Bitcoins. Write articles on Bitcoins or share article on Bitcoins and share it to your audiences, or Facebook users. Advertising Bitcoin is a bad idea and depending in your advertisement law, you could end up in trouble as it's not yet legal and people may get offended. So stick to Facebook, insta, twitter.
legendary
Activity: 1666
Merit: 1001
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
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
this is bitcoin we are talking about, it is decentralized and nobody owns it to want to advertise it on TV, and you know that it takes money to advertise on TV.

if it was a centralized altcoin like ethereum which has whales and banksters who have a lot of money then yeah you would have seen them paying top dollar to get top advertisement everywhere. from social media to TV and billboards.
legendary
Activity: 3010
Merit: 1028
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There's no need of it. And just imagine if we do, where the funds will be gathered from? If it's from the bitcoin community which is here, I don't think it'll success, some people may not give a shit regarding of this plan, they just care about making profit, and if it's a company, I'm sure they'll more likely to advertise their own company as the main thing presented to the audience instead of bitcoin itself.
legendary
Activity: 1848
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I think one of the bitcoin companies or exchanges such as Coinbase would be better placed to run advertisements rather than a general bitcoin advert, it would be difficult for the community to organise something like this.
sr. member
Activity: 552
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I think bitcoin advertisement on TV is not new anymore. BitFlyer in Japan made one a few months ago in case you are interested:

https://www.youtube.com/watch?v=5Ux95b2QsuQ

legendary
Activity: 2436
Merit: 1561
Bitcoin is not a brand that's why. And it can cost lot of money, like over 100k $ for a 30 seconds video. Who is going to pay ? The minners? You?
Advertising on TV or any other place, is all about ROI. Wich brand is going to advertise on TV for a zero ROI return. Waste of money.

Back in a day BitPay spent a lot of money on high-profile advertising of Bitcoin (not their own business), dogecoin community managed to get their coin on Nascar car etc. So it's nothing impossible by any means.

But as I wrote above, we're well past that stage. Pretty much everyone in a civilised world have already heard of Bitcoin one way or another and we get mainstream press hits almost on daily basis.


Edit: from 2014:
BitPay launches first TV campaign to promote Bitcoin
http://www.campaignlive.com/article/bitpay-launches-first-tv-campaign-promote-bitcoin/1327705
copper member
Activity: 2940
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Bitcoin is not a brand that's why. And it can cost lot of money, like over 100k $ for a 30 seconds video. Who is going to pay ? The minners? You?
Advertising on TV or any other place, is all about ROI. Wich brand is going to advertise on TV for a zero ROI return. Waste of money.
legendary
Activity: 2436
Merit: 1561
We're past the stage of seeking publicity this way. Bitcoin gets tons of mainstream media coverage on regular basis, see press board.

Also, with the current state of affairs, Bitcoin is hard to present in a way appealing to the masses. It's slow, expensive, not-so-much-anonymous and decentralisation is constantly being questioned. The only attractive side, from the average Joe's point of view, is probably price going up, giving opportunity for easy gains.
legendary
Activity: 3080
Merit: 1353
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 if 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?

As for me, you don't need this kind of promotion on Television. I know its a good way to reach audience but its too expensive just like a 10 second will cost around 6 digits figure and there are no central figure who will shoulder for that. I think bitcoin does not need any attention at the moment, it has been like this for years, and will survived in the next couple of years or so. And promoting is more difficult because the more you talk about it the more people become skeptical about it.
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