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Topic: Why is there no marketing for BTC? - page 2. (Read 672 times)

full member
Activity: 658
Merit: 108
December 05, 2018, 03:35:14 PM
#29
Assume that bitcoin is being advertised in on TV and it says that it's decentralized. Then what will come to the mind of people?
If bitcoin is decentralized and there is no owner, so who is paying for this advertisement?
I am sure no one will trust bitcoin. All the people will think that bitcoin is a scam.
Bitcoin should be known by people gradually in a way it is happening now.
full member
Activity: 518
Merit: 100
December 05, 2018, 03:26:43 PM
#28
Bitcoin grow its popularity even without marketing strategy.
Who would advertise bitcoin for being anonymous of it.
We see that bitcoin gives opportunity for everyone and those opportunity  makes people  to promote it by itself because of what they got from bitcoin.
Because of the news coming from the social media it also helps bitcoin to become popular.
copper member
Activity: 34
Merit: 0
December 03, 2018, 09:24:50 PM
#27
because bitcoin is appear at the first. so i think now it really popular. but the market of bitcoin now is not good
newbie
Activity: 33
Merit: 0
December 03, 2018, 09:05:05 PM
#26
Bitcoin grows on its own, we can see the difference through the years as we received a huge growth without any huge promotions. I think the reason is "no one owns it"  Grin Grin Grin
full member
Activity: 616
Merit: 100
December 03, 2018, 07:09:32 PM
#25
because as i know that bitcoin is work automatically. its mean that there are no people that work to makes bitcoinis workiung, from sending transaction, checking wallet, and anything else its automatically by system
full member
Activity: 812
Merit: 101
December 03, 2018, 05:28:04 PM
#24
This is one of the privileges of BTC, BTC has good growth without marketing, in my opinion, BTC is not the same as other products.

some people choose to market the BTC to the world, but the prohibitions made by the government hamper BTC's marketing.

but, the ban on BTC makes many people realize that BTC has great benefits.
legendary
Activity: 3080
Merit: 1500
December 03, 2018, 05:15:51 PM
#23
Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


The hype bubble of 2017 can in reality be understood as an extremely large marketing campaign - and it was very successful in attracting fools to buy Bitcoin

Now all the fools have Bitcoin and the early founders have sold at high prices - and now the fools ask whether someone wants to run marketing on Bitcoin ?

HA HA HA HA HA.....

Hypes are not mainstream marketing and these do not really target to educate people. What happened during late 2017, was pure hype! A lot of brokers and middlemen earned a good amount of commissions as well during that time! What OP is asking is about the educational marketing campaigns which will target to educate the potential mass about the benefits of using cryptos!

I personally do not think that such marketing efforts will ever be taken up because we don't have a general council or an authority body (that's what decentralization is)! It can be marketed through only businesses that are active in cryptospace.

The current legal framework is pretty confusing worldwide and that's the reason why businesses are shying away from accepting cryptos as a payment. As the legal framework will become clearer and structured, a lot more businesses will start accepting it and showing it to the mass. Marketing theough businesses will start at that point, not before!
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 03, 2018, 05:15:20 PM
#22
I see some volunteers who are advertising it through radio's and newspapers. No one forces to advertise bitcoin to different media's as bitcoin is already popular and it's starting to be known worldwide.

Likewise, there's no need for bitcoin to be advertised somewhere. You just sit on your home and watch news, there's an exposure already by a news channel that publicized bitcoin's price and if you are an internet-savvy, you'll see different ads from exchanges which are advertising their own website but has a bitcoin logo on it - another exposure for bitcoin.

Yes, it's a voluntary thing. There are people who became the spokesmen to the media and who are trying to educate the masses. Andreas Antonopoulos has basically made a business out of this. Advertising Bitcoin, although isn't paid for by any organization, can be profitable.
hero member
Activity: 3038
Merit: 634
December 03, 2018, 05:11:12 PM
#21
I see some volunteers who are advertising it through radio's and newspapers. No one forces to advertise bitcoin to different media's as bitcoin is already popular and it's starting to be known worldwide.

Likewise, there's no need for bitcoin to be advertised somewhere. You just sit on your home and watch news, there's an exposure already by a news channel that publicized bitcoin's price and if you are an internet-savvy, you'll see different ads from exchanges which are advertising their own website but has a bitcoin logo on it - another exposure for bitcoin.
member
Activity: 293
Merit: 10
December 03, 2018, 04:48:00 PM
#20
I think it is also a little complicated to do bitcoin marketing, since there are countries where they have a certain prohibition and that would complicate things a little when it comes to advertising openly, then the company that would be in charge of that has to think about that factor before launching the campaign.
legendary
Activity: 1582
Merit: 1031
December 03, 2018, 04:13:48 PM
#19
Its very hard for Crypto to get accepted by the most people how used fiat the hole life.
Peoples like my Father will never use Cryptos but next generations will accept it more and more.

regards
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
December 03, 2018, 04:05:16 PM
#18
You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

Who would it be funded by? Bitcoin isn't like an ICO where a centralized team solicits funds for development and marketing. It's an open source project.

Also, transactions may not always be cheap. Without significant block weight increases, we should expect fees to rise considerably over time. I think this was intentional since fees must replace block subsidy to continue incentivizing miners to secure Bitcoin.
member
Activity: 854
Merit: 12
arcs-chain.com
December 03, 2018, 03:31:35 PM
#17
Bitcoin needs no marketing... the price is enough... when it moves, everyone watches... it is just the king of crypto...
It will naturally get spread out when people enter crypto and the access to it will become easier and easier... no need for anyone to spend their money on marketing so that the whole world collects the profit

sr. member
Activity: 1470
Merit: 325
December 03, 2018, 03:08:38 PM
#16
Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


you should ask also the question why is there no market anymore for the first ever paper money, or why is there no market anymore for the other 50 million cryptocurrencies out there.
full member
Activity: 378
Merit: 105
Active forum member, A+ poster, PM good sign camp.
December 03, 2018, 03:05:26 PM
#15
There are a few reasons there is no marketing for BTC, first of all Btc is not a company and therefore there is no team or head for marketing purposes, also Btc is not ready for marketing and it will not be allowed by governments because Btc is a threat to them as of now.
On top of that Bitcoin is also not ready for being adopted due to various reasons, you can think of transaction fees, speed, etc. however the future in my oppinion is bright for Btc, each day Bitcoin is not dead is a day closer to adoption.
jr. member
Activity: 84
Merit: 1
December 03, 2018, 03:04:15 PM
#14
Bitcoin already has all the marketing needed, tbh I think everyone in the world is already aware of it, but only 1/10 of the population can even buy it, that's what were lacking. I believe only Tier 1 countries can buy btc easily, the rest of the world has to go through localbitcoins and some not even that.
jr. member
Activity: 482
Merit: 3
December 03, 2018, 03:00:04 PM
#13
Bitcoin already got the needed marketing required as it is talk of the town virtually on every social platforms, not to be mention that it's through Bitcoin that every other altcoins are traded. Thus Bitcoin got its marketing already.
jr. member
Activity: 180
Merit: 3
December 03, 2018, 02:49:19 PM
#12
What do you understand by marketing? All media outlets are talking about bitcoin 90% of the time when it comes to cryptocurrency market. If there are notable changes in the market, the news is that bitcoin has dropped 30%, not ETH, OMG or any other altcoin. Most billionaires or influencers making statements about the crypto market say the bitcoin will reach $20000, $50000 etc. Even if behind bitcoin would by a company, I don't see the reason to invest in marketing campaigns when you have all the exposure in the world (or at least much more than all the other coins together).
legendary
Activity: 3276
Merit: 2442
December 03, 2018, 02:38:42 PM
#11
Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


Marketing may indeed increase the demand on any asset but on the other hand one might think, if the product is good why do we need marketing? It should sell itself without it.

Many projects who were depended on heavy marketing is around no more. I am not saying marketing isn't important and we should avoid it completely in fact, marketing on bitcoin is happening everyday. Both companies and users do it by using bitcoin. Just look at the demand, no other coin has the btc's demand.

Other projects like ripple, eth, bcash have CEO's

Bitcoin doesn't have a CEO. It doesn't rely on backing of a big company neither. Instead, Bitcoin relies on its users and many smaller companies which use bitcoin every day.

Take bcash (ABC) for example:

It relies on bitcoin.com (Roger Ver) and bitmain's (Jihan Wu) support. It has nothing else. Without these companies bcash (ABC) is no more.

Same goes for bcash(SV). Without Calvin&Wright, it won't exist.

When you think about bitcoin however; There are hundreds of small-mid sized companies. Maybe none of them as big as bitmain but when they all come together, we are bigger than all of these shitcoins.
full member
Activity: 364
Merit: 105
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 03, 2018, 02:10:59 PM
#10
Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


You answered your own question. Decentralization.

Pharmaceuticals are promoted by pharmaceutical companies, people/firms will start to promote bitcoin when it benefits them. Right now there are very few people holding enough bitcoin to make it worthwhile to invest in marketing from your own pocket, and all those people are already billionaires.
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