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Topic: Who would actually believe celebs promoting crypto? - page 2. (Read 24548 times)

full member
Activity: 392
Merit: 113
I happened to see one Ann thread of a Russian ICO, project of a Russian celebrity. I didnt hear about the project anymore but during that time, the project was so noisy and talked about by many since it belonged to a well known celebrity. I was just not sure if there were genuine supporters and investors just because of the celebrity.
member
Activity: 392
Merit: 21
Well, crypto is still in the transforming phase and we are not yet matured that enough to have that self-sustaining financial ecosystem. This is the reason why big whales and institutional investors can easily manipulate the market even without a high amount of capital. This is the reason why influencers are getting handsome amount of commission to promote crypto-based projects. However, this situation will definitely improve over the period of time along with the improvement in the mass maturity of the users.

So I think crypto at this point needs to be supported by the enterprises and bodies
Even though the support is limited but it is more reliable
It will have a positive impact in the future.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
All investors will believe this when any famous people support investment in the ICO project, and investors begin to enforce that before investing large sums of money. I think that no investor will ignore a piece of pastry made from a famous bakery.
hero member
Activity: 1596
Merit: 534
Well, I definitely wouldn't trust these guys because they were being paid to shill...

But, I wrote an article about these guys, and Mcafee, and how I just don't trust a word they are saying when it relates to crypto.

Sure mayweather can box... but he's kinda been knocked in the head a few too many times...  Roll Eyes
sr. member
Activity: 1193
Merit: 251
For a long time products and services has employed celebrities to promote there brand and this strategy has been paying off.
 Cryptocurrency being promoted by the right celebrity with the right idea can improve the popularity of cryptocurrency
Yes, this is a good advertisement, but only if it is an advertisement of a highly liquid and promising cryptocurrency and not a Scam token.In this case, the interest in cryptocurrencies will be less and not more.
member
Activity: 230
Merit: 10
This won't work out with cryptocurrency, because celebrities wish to be on the safer side. With cryptocurrency they're not much aware and few exceptions were there. If they promote some project and if the same gets as a scam it'll spoil their work life. Better is to have the words of persons like McAfee who don't care for criticisms.
newbie
Activity: 78
Merit: 0
For a long time products and services has employed celebrities to promote there brand and this strategy has been paying off.
 Cryptocurrency being promoted by the right celebrity with the right idea can improve the popularity of cryptocurrency

If it's a big name doing the promoting, I'm pretty sure the majority would buy it.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
Cryptocurrency is becoming more popular all over the world, that is why even celebrities start to have an interest to invest their money in crypto and they are starting to promote and advertise it for more people will be interested to invest.
member
Activity: 280
Merit: 14
For a long time products and services has employed celebrities to promote there brand and this strategy has been paying off.
 Cryptocurrency being promoted by the right celebrity with the right idea can improve the popularity of cryptocurrency
full member
Activity: 952
Merit: 104
Yes I believe the power of popuplar of the celebrity their can help to encourage people invest their promoting project without doubt. But supposedly because of the trust people they invest without learning and study special people brand in the crypto understanding.
sr. member
Activity: 2422
Merit: 357
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

I would actually believe if the one who promoting ICOs or alts are Mark Zuckerburg, Bill gates, Ellon Musk and other celebrities who has a great knowledge on technology and really understands the concept of bitcoin and its market. Other celebrities or artist are just like promoting a beauty product which they never use, because thats what they are doing.
full member
Activity: 679
Merit: 102
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
Well agree but some of the people are believing in their idol even it was scam they will take a risk without knowing what is the platform all about they are just hyping so that they can get their commission on promoting their project, they just want the money and they don't care about the people who believes on them, they must have enough knowledge on crypto so that they can avoid being scam.
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
I agree to this. Many people are not very knowledgeable in crypto so if they saw their idols doing it then they are easily attracted to do it too even though they don't have enough details and information in a certain project.
I'm agree on this statement they are just like crazy to believe on their idol, they didn't know about the truth on what the project all about, they didn't make research to have a knowledge or background on what is crypto all about.
copper member
Activity: 322
Merit: 0
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
I agree to this. Many people are not very knowledgeable in crypto so if they saw their idols doing it then they are easily attracted to do it too even though they don't have enough details and information in a certain project.
member
Activity: 532
Merit: 15
oh! a lot of people will do as celebs are kinds demi-god to them, but no sane people will trush such stunt, because we know that celebs will do anything for good money Wink
member
Activity: 334
Merit: 15
First 100% Liquid Stablecoin Backed by Gold
A western rapper also include bitcoin in their song lyric, but don't negative thinking about that. Atleast word abput cryptocurrency is spread among society. Honestly, I am sure that bitcoin is one of good invention that can make the world economy to be better so any news about bitcoin at the end will only result to grow bitcoin adoption.
full member
Activity: 195
Merit: 100
Free crypto every day here: discord.gg/pXB9nuZ
Money is the reason why they accept to promote altcoins. They have a little bit knowledge about what is cryptocurrency is but I don't think if they are really interested in it. They are using Celebrity for hype, like Stox did.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
I wouldn't be relying on any celebrities pushing ICOs no matter how good it is. Still I would rely on my basic understanding about the project. We know celebrities work because they are paid or may be used to promote the project without consent. Many of these scam ICOs could penetrate using the same idea effectively towards the market. See websites you will see some faces of celebrities endorsing a product which I think was edited to look as if they pose for the product. Relying too much could only lead to nothing but trouble, not unless if it is confirmed authentic which could serve us a basis for thinking that the project's management is really doing their best to promote their product. Yet always stay with your logical reasoning for you not to be caught in the net by any scammers.
legendary
Activity: 1414
Merit: 1001
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
Basically they all get paid when doing promotions. That is a natural thing because usually they will not be too familiar with the procedures they are promoting, they are only brand ambassadors and when the project fails then we cannot blame them. The result is that the one who will continue to be responsible is the development team of the project.
sr. member
Activity: 1050
Merit: 254
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.
Tbh it's a good way to promote the ICO, i'm sure many people will look what is that and even invest on that ICO only because of that celebs promoting that. In my opinion it's still same, you must be careful and don't invest your money blindly on ICO even promoted by celebs.
hero member
Activity: 2268
Merit: 789
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Not to generalize celebrities but most of them only have the means of investing while lacking the proper understanding and fundamentals of the topic. To give you an example, Mayweather is absolutely considered one of the greatest boxers of this time but his lacking of basic investment methods hinder him from making proper decisions. In addition, they get easily attracted and captivated by ICOs while failing to do background checks or research on the company.

If I were to base my decision on someone, I would rather listen to an financial/trading expert who has a background on investing compared to celebrities who know little to nothing about investment.

Celebrities will advertise anything. After all, they get a fee for this and, moreover, not a bad amount. So why not earn a little, and even remind yourself through advertising. After all, they get paid for advertising immediately and with money, and not tokens like bounty hunters

That is their job in the first place since they target the audience with little understanding of investment. Unfortunately, that is the sad state of some advertisements. Lack of authority in promoting something that does not coincide with their profession line or background.
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