Why the economic growth of Bitcoin will show a positive impact in upcoming days

upsidedown75

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Quote from: mornabo on May 01, 2019, 12:00:54 AM

It seems like that, many investors start buying because they see price movements going up. people are afraid that if they miss out
the chance, I think it has a good influence too on prices and markets, because it makes demand go up and the price also goes up

You are right to some point, but not all people that is holding Bitcoin are actually holding it because of the increase they want to see in it, they will see increase, there is no doubt about it, but some put their fiat in bitcoin for payment purpose, savings purpose and also store of value for the future they believe in.

You see mate, the type of people we really need are not people that are just coming for the crypto profit, because they will always cause price pump and dump, but we need institutions that will be using the system from the points I listed in first paragraph, and that is the only way BTC will continue to increase in price and be more stable.

ufaiz50

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I've read the news, considering the name of a sports professional investing in cryptocurrency (coinbase), things that are quite surprising and the impact may be some adoption and attention for those who are quite rich and know Serena William, there are also some other news that have good impact on crypto, but the news of Serena William's investment is in the spotlight. Talking about the impact, from my analysis that the negative impact is faster changing the market compared to the positive impact of the news "when China banned the exchange of crypto the impact directly made the price of crypto decrease dramatically".

mornabo

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Quote from: Finestream on April 29, 2019, 01:03:35 AM

Quote from: imstillthebest on April 28, 2019, 04:27:15 AM

Quote from: Whosdaddy on April 28, 2019, 02:37:17 AM

Public figures in form of Super stars don’t need to accept Bitcoin or cryptocurrency before they adopt it,

Acceptance is the first thing that they need before adoptions happens because if a crypto is not accepted on a certain country how do you think the people can buy and sell cryptos ?

Economic growth of bitcoin on the other hand can show positive impact on the upcoming days because this attracts people to invest more . right now people sees fomo . they are eager to invest because they are afraid to miss out a bull run .

Right.More investments for bitcoin means more increase in the market price.So there should always be a promotion for cryptocurrency all over the world because i believe ignorance from the present technology is really a big block from cryptocurrency acceptance which will lead to its adoption in the future.

It seems like that, many investors start buying because they see price movements going up. people are afraid that if they miss out
the chance, I think it has a good influence too on prices and markets, because it makes demand go up and the price also goes up

Thanasis

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

This news is not going to create biggest impact on the future of market but this shows big hands are also getting interested on crypto investments so in the next few years these numbers will increase so the demand also will get increase in a huge way.

So small scale investors can take this an positive vibe and start investing as soon as possible before it leaves from our hands.

Caladonian

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Quote from: bitgolden on April 30, 2019, 02:23:48 PM

Quote from: Moiyah on April 29, 2019, 03:50:07 AM

I can not fully understand how these stars you called or the celebrities really affect the economic state if they'll buy cryptocurrency. The adoption for the celebrities is stepping in and that's the good start. But the impact of crypto in economic growth will not start with just some celebrities but even with the average people who are open with new kind of technologies.

The entertainment industries are what will make the major impact we need in the cryptocurrency economy and not celebrities alone, if the entertainment industries can also adopt the blockchain technology, especially that of cryptocurrency, then the whole market story will change.

Imagine an entertainment company engaging cryptocurrency service in funds collection and every sales made passes through the cryptocurrency market before it gets to the hands of the celebrities, at the point entertainment industry incomes goes through crypto market, it will create a very big spike in the market value that will attracts other investors that are interested to also invest.

This celebrities who will allowed this to happen will also adds up an impact for more people to involved with this kind of currency, if we could imagine how big is this society from the masses, they can easily hyped and bring more people to also accept this payment process, we all anticipating that in due time more adoptions will happen and it will bring sets of businesses catering the system.

We will soon the gainers of such a wonderful payment currency which can be converted to investment assets.

alyssa85

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Quote from: wuvdoll on April 27, 2019, 04:12:43 PM

I think this new found hype will help out getting new money in too which is what we needed for so long. 24th of April became the 8th biggest transaction day in bitcoin and that is enough to show you that we are in fact in another bull hype, even if the bull doesn't come this is enough proof to say that in fact we are in a bull hype and everyone is expecting bitcoin to skyrocket soon since everything required for it is already established.

And yet Bitcoin's transactions haven't come close to reaching Ethereum's transactions - which means that the "hype" isn't benefiting bitcoin at all.

If the Lightning Network fails under strain, then it follows that the smart money will give up on bitcoin and migrate to an alt. We are really in the last chance saloon - it's now or never for bitcoin to prove it can cope with a large number of user and scale.

Palmaper

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Maybe we should no longer expect the crypto market to react so noticeably to this type of news, because it is undeniable that the use of bitcoin is already beginning to be seen as normal not only between the superstars of sport and entertainment, but among institutional investors, merchants and ordinary people.

And therefore, when bitcoin became a commonly used currency, more than an explosive growth I would expect and would like a more stable behavior, since the high volatility that has characterized it until now only seems to benefit the speculators.

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Quote from: bitgolden on April 30, 2019, 02:23:48 PM

Imagine an entertainment company engaging cryptocurrency service in funds collection and every sales made passes through the cryptocurrency market before it gets to the hands of the celebrities, at the point entertainment industry incomes goes through crypto market, it will create a very big spike in the market value that will attracts other investors that are interested to also invest

What's in that for them?

As I got it, the entertainment biz should accept payments in crypto, sell coins on the market for dollars (or whatever), and then pay the folks in this business with fiat? Why would they want that if they can accept payments in fiat directly? I understand that you may want Bitcoin to rise in price and value (we all essentially hope for that), but if people are not going to pay with crypto (and they are not), no one will be accepting it

It is one of familiar vicious circles which the cryptoverse mostly consists of. People want businesses to start accepting cryptopayments (say, Bitcoin) so that Bitcoin's market value would rise and they reap profits from this rise, but they don't want to pay with crypto themselves as their interests are focused entirely on buying low and selling high (read, speculating). So why should businesses do something for somebody else, all of a sudden?

bitgolden

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Quote from: Moiyah on April 29, 2019, 03:50:07 AM

I can not fully understand how these stars you called or the celebrities really affect the economic state if they'll buy cryptocurrency. The adoption for the celebrities is stepping in and that's the good start. But the impact of crypto in economic growth will not start with just some celebrities but even with the average people who are open with new kind of technologies.

The entertainment industries are what will make the major impact we need in the cryptocurrency economy and not celebrities alone, if the entertainment industries can also adopt the blockchain technology, especially that of cryptocurrency, then the whole market story will change.

Imagine an entertainment company engaging cryptocurrency service in funds collection and every sales made passes through the cryptocurrency market before it gets to the hands of the celebrities, at the point entertainment industry incomes goes through crypto market, it will create a very big spike in the market value that will attracts other investors that are interested to also invest.

Valhalaa

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maybe because a lot of the future events that are issuekan namely nasdaq will hold a meeting
usually this will lead to positive sentiment and in the end if this meeting goes well then the price of bitcoin will continue to rise and rise
and in the end it made the micro-macro economy have a good impact

Moiyah

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I can not fully understand how these stars you called or the celebrities really affect the economic state if they'll buy cryptocurrency. The adoption for the celebrities is stepping in and that's the good start. But the impact of crypto in economic growth will not start with just some celebrities but even with the average people who are open with new kind of technologies.

Finestream

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Quote from: imstillthebest on April 28, 2019, 04:27:15 AM

Quote from: Whosdaddy on April 28, 2019, 02:37:17 AM

Public figures in form of Super stars don’t need to accept Bitcoin or cryptocurrency before they adopt it,

Acceptance is the first thing that they need before adoptions happens because if a crypto is not accepted on a certain country how do you think the people can buy and sell cryptos ?

Economic growth of bitcoin on the other hand can show positive impact on the upcoming days because this attracts people to invest more . right now people sees fomo . they are eager to invest because they are afraid to miss out a bull run .

Right.More investments for bitcoin means more increase in the market price.So there should always be a promotion for cryptocurrency all over the world because i believe ignorance from the present technology is really a big block from cryptocurrency acceptance which will lead to its adoption in the future.

incomefromcoins

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Bitcoin and other cryptocurrency are expanding very fast in all the segments like banking Medical and entertainment and software in the market which will, in turn, bring billions of dollars to the cryptocurrency industry

shinharu10282016

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Quote from: jonaire99 on April 28, 2019, 04:13:52 AM

In the future, if more well-known personalities will going to support bitcoin and other cryptocurrencies, the adoption might going to speed up because this will attract more people to use bitcoin. The mass adoption of bitcoin will finally have an impact on economy because more people ,businesses, industries, and other sectors of society are using it in their daily transactions. Bitcoin's own growth is very essential to the whole cryptocurrency market and there must be driving force to push its price up in the future.

Adoption by these people does not necessarily mean anything. The cryptocurrency projects i know will certainly not abuse these people's popularity just because someone famous is supporting it. I have to disagree that bitcoin's growth is essential to the market when other cryptocurrency offers greater features than what bitcoin does. Besides, many cryptocurrency are easier to use than bitcoin.

BitHodler

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Quote from: wuvdoll on April 27, 2019, 04:12:43 PM

I think the clearest choice here is that believing in bitcoin price towards that inevitable all time high because there is absolutely no reason to not go there anymore. Everything is ready and this time I am sure if we go there the fall won't be as harsh, there could be some corrections but not this long and not this far down.

Bitcoin's peaks are basically people front running its potential. It's literally only a matter of time before we break the $20k mark and have it become the bottom of the next big correction.

The real growth in the price is shown based on the bottom to bottom development of Bitcoin. From $150 back in 2015 to $3100 in 2018 makes even the deepest point of the 'horror' bear market of 2015 look like a joke.

The difference is that back in 2015 many people legit believed it was over, while in the current bear market the sentiment hasn't ever been this positive. People are no longer afraid of bear markets.

1Referee

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Quote from: jonaire99 on April 28, 2019, 04:13:52 AM

In the future, if more well-known personalities will going to support bitcoin and other cryptocurrencies, the adoption might going to speed up because this will attract more people to use bitcoin.

This can never be a good thing. From what we have seen so far, almost every non crypto related public figure that entered this space promotes blockchain in general, and a shit ton of alts that don't add anything of value to our system. The last thing we need is more of this garbage adoption, because the more of this we have, the less relevance the decentralized nature of this space enjoys.

It's mind boggling how people can be so confident about a specific altcoin, while we know for sure that it will fail eventually. The faith that these people have in altcoins comes from these clown-ish public figures, and they are mostly heavily biased too, either because they have been paid to promote them, or they are balls deep in the coins themselves.

All I hear about nowadays is blockchain this blockchain that. It's rubbish. The blockchain is worthless if it isn't utilized to protect the network in a decentralized way.

imstillthebest

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Quote from: Whosdaddy on April 28, 2019, 02:37:17 AM

Public figures in form of Super stars don’t need to accept Bitcoin or cryptocurrency before they adopt it,

Acceptance is the first thing that they need before adoptions happens because if a crypto is not accepted on a certain country how do you think the people can buy and sell cryptos ?

Economic growth of bitcoin on the other hand can show positive impact on the upcoming days because this attracts people to invest more . right now people sees fomo . they are eager to invest because they are afraid to miss out a bull run .

jonaire99

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In the future, if more well-known personalities will going to support bitcoin and other cryptocurrencies, the adoption might going to speed up because this will attract more people to use bitcoin. The mass adoption of bitcoin will finally have an impact on economy because more people ,businesses, industries, and other sectors of society are using it in their daily transactions. Bitcoin's own growth is very essential to the whole cryptocurrency market and there must be driving force to push its price up in the future.

Whosdaddy

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Quote from: Woolles890 on April 27, 2019, 02:55:35 AM

A public figure is not easy to accept crypto before they benefit, it requires a struggle and certainly not easy for us to attract them to be involved in crypto. We keep trying to convince them that crypto will become a very influential industry in economics and remain optimistic that time will help us to make it happen.

Public figures in form of Super stars don’t need to accept Bitcoin or cryptocurrency before they adopt it, gradually as blockchain technology keeps growing on its own, it will naturally keep attracting them as the younger generations who are into the same industry keeps coming up with things that has to do with blockchain.

The people we really even need most, are the industries and institutions, when these people come in, they don’t think of taking immediate benefit first before accepting the system, they are risk takers and they invest in the future for the benefit to come, so those are the people that will really make cryptocurrency grows to the peak and not just super starts.

wuvdoll

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I think this new found hype will help out getting new money in too which is what we needed for so long. 24th of April became the 8th biggest transaction day in bitcoin and that is enough to show you that we are in fact in another bull hype, even if the bull doesn't come this is enough proof to say that in fact we are in a bull hype and everyone is expecting bitcoin to skyrocket soon since everything required for it is already established.

I think the clearest choice here is that believing in bitcoin price towards that inevitable all time high because there is absolutely no reason to not go there anymore. Everything is ready and this time I am sure if we go there the fall won't be as harsh, there could be some corrections but not this long and not this far down.

Woolles890

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Quote from: salty on April 26, 2019, 02:24:15 PM

Quote from: michellee on April 24, 2019, 02:53:42 AM

Quote from: Xampeuu on April 23, 2019, 10:23:22 PM

Quote from: rijaljun on April 23, 2019, 03:27:49 PM

For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

right, as a public figure certainly has a lot of influence on society. the community believes that public figures have ways to secure their assets, and of course people follow their pattern of life. this is a psychological approach

Yes, but unfortunately, there are not many public figures which understand about cryptocurrency so they can lead to giving the wrong information to the public. Using public figures will be a good help for cryptocurrency, but they need to learn the basics of cryptocurrency so there is no misunderstanding for the public and public can accept the explanation. The public figure can give a good lesson to the public that they are trying to invest in cryptocurrency and they have new assets in the cryptocurrency.

It is not necessary for stars to do it. It is enough that they simply make an advertisement for cryptocurrencies. Who will really be interested in cryptocurrencies without any problems will find the necessary information for themselves.

A public figure is not easy to accept crypto before they benefit, it requires a struggle and certainly not easy for us to attract them to be involved in crypto. We keep trying to convince them that crypto will become a very influential industry in economics and remain optimistic that time will help us to make it happen.

salty

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Quote from: michellee on April 24, 2019, 02:53:42 AM

Quote from: Xampeuu on April 23, 2019, 10:23:22 PM

Quote from: rijaljun on April 23, 2019, 03:27:49 PM

For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

right, as a public figure certainly has a lot of influence on society. the community believes that public figures have ways to secure their assets, and of course people follow their pattern of life. this is a psychological approach

Yes, but unfortunately, there are not many public figures which understand about cryptocurrency so they can lead to giving the wrong information to the public. Using public figures will be a good help for cryptocurrency, but they need to learn the basics of cryptocurrency so there is no misunderstanding for the public and public can accept the explanation. The public figure can give a good lesson to the public that they are trying to invest in cryptocurrency and they have new assets in the cryptocurrency.

It is not necessary for stars to do it. It is enough that they simply make an advertisement for cryptocurrencies. Who will really be interested in cryptocurrencies without any problems will find the necessary information for themselves.

okala

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Quote from: chaoscoinz on April 26, 2019, 01:52:01 PM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

The S.E.C said to be wary of any celebrity endorsements related to cryptocurrency. With that said, if it is just a legitimate investing effort made on their behalf of common curiosity, then it is good to see the public starting to adopt innovation.
Is there a source for this information regarding these celebrities, a link would help? I'd like to research more about it.
Sounds like good news though!

You don't need a link because this is not new but from the entertainment industry where Serena Williams among other celebrities that have come out openly to show they support for bitcoin, e.g movie stars and musicians you can just search on YouTube and you will fine a handful of them.

chaoscoinz

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

The S.E.C said to be wary of any celebrity endorsements related to cryptocurrency. With that said, if it is just a legitimate investing effort made on their behalf of common curiosity, then it is good to see the public starting to adopt innovation.
Is there a source for this information regarding these celebrities, a link would help? I'd like to research more about it.
Sounds like good news though!

RealMalatesta

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I think we need to create more superstars of our own, there have been too many bad people famous in crypto world and not enough people that are famous for good things.

We hear names like tom lee and craig wright and mcafee but in reality these are just clowns and they do not represent us, they go out on tv or make headlines on news places (even news websites is enough) and they talk shit about bitcoin and crypto saying silly things (even if bull supportive) and non-crypto people see these clowns and think we are people who follow these things.

Nobody talks about erik vorhees as much as these guys, nobody talks about vitalik as much as these guys, we need to make sure world hears these names instead of those clowns and then we can actually say we have superstars in crypto as well.

playboy654

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

I think it is only happen with the help of the investors and the holders in this market because without the demand the value will not increased so I think then was. Only made the cryptocurrency to be e developed again and I think it will possibly going to the next Big development in this year.

raven7886

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Quote from: Choyor on April 25, 2019, 03:40:04 AM

Of course when superstars are involved in an ecosystem it will have a profound effect on the ecosystem itself, including the crypto currency industry, but we need to know to what extent these superstars are involved in the crypto industry, if the superstar is involved only in context only business is paid to advertise crypto, in my opinion the right is not effective enough to advance crypto economics, because crypto itself requires someone's involvement directly with crypto to be able to advance it.

I know that super stars are super rich but I believe that we need more of the local contents than the super stars, we cannot compared the population of super stars to the entire world, even if any superstar will decide to join in the cryptocurrency, it will only be for the sole purpose of investing shortly to make profit.

The major people we really need are the fans they are promoting the crypto too, the adoption we need more now that will also communicate the effectiveness of cryptocurrency to the government are the fans that they have, if they all adopt crypto, then we will gradually achieve the aim for which cryptocurrency was created by satoshi.

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Quote from: shoreno on April 25, 2019, 11:20:48 PM

Quote from: traderethereum on April 25, 2019, 08:58:05 PM

Quote from: kaya11 on April 24, 2019, 09:58:22 PM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

All of us wants better things in our lives, it normal for us to look onto our future and carefully invest in something that could really give us our retirements when we get older. But in anyways it is a positive image to the crypto society, the more famous and iconic figure engage in the crypto space the better.

I am sure about that. People want to make they're future better than other and many of them still trying in this day, so they can see they have a bright in the future.
I am sure that the superstar involving in the cryptocurrency business, it will bring more passion of the fans to follow their idol so the superstar can invite more people to join in the cryptocurrency. When that happens, the adoption will happen, and it will grow in the future.

That if the superstar will only say sweet words regarding on cryptos but what if not ? What if they will say negative words against cryptos ? This doesnt happen now but there are popular people that does the same thing and it causes an impact to the prices of cryptos because their followers will also follow what they say . however a true bitcoin believer will always follow his passion and that is to continue support bitcoin at the end . he wont be affected by any false and negative news .

It is true that public figures will be able to boost the increase in bitcoin prices, with their statement that they can influence many people to lead analysis according to their words. with the number of people who buy it will certainly have a positive impact on prices

shoreno

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Quote from: traderethereum on April 25, 2019, 08:58:05 PM

Quote from: kaya11 on April 24, 2019, 09:58:22 PM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

All of us wants better things in our lives, it normal for us to look onto our future and carefully invest in something that could really give us our retirements when we get older. But in anyways it is a positive image to the crypto society, the more famous and iconic figure engage in the crypto space the better.

I am sure about that. People want to make they're future better than other and many of them still trying in this day, so they can see they have a bright in the future.
I am sure that the superstar involving in the cryptocurrency business, it will bring more passion of the fans to follow their idol so the superstar can invite more people to join in the cryptocurrency. When that happens, the adoption will happen, and it will grow in the future.

That if the superstar will only say sweet words regarding on cryptos but what if not ? What if they will say negative words against cryptos ? This doesnt happen now but there are popular people that does the same thing and it causes an impact to the prices of cryptos because their followers will also follow what they say . however a true bitcoin believer will always follow his passion and that is to continue support bitcoin at the end . he wont be affected by any false and negative news .

traderethereum

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Quote from: kaya11 on April 24, 2019, 09:58:22 PM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

All of us wants better things in our lives, it normal for us to look onto our future and carefully invest in something that could really give us our retirements when we get older. But in anyways it is a positive image to the crypto society, the more famous and iconic figure engage in the crypto space the better.

I am sure about that. People want to make they're future better than other and many of them still trying in this day, so they can see they have a bright in the future.
I am sure that the superstar involving in the cryptocurrency business, it will bring more passion of the fans to follow their idol so the superstar can invite more people to join in the cryptocurrency. When that happens, the adoption will happen, and it will grow in the future.

FanEagle

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

And after they might have influenced the market what do you think might follow next? Of course there is going to be a bull run and the price of cryptocurrency is going to increase very high and after that what do you think these celebrities are going to do? They are going to pull off their money (that's what they will do because they are into this for money) and as they start to pull off their money other investors will also do the same thing and the price of cryptocurrency will start to drop again till reaches a low price and that's it.

Choyor

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Of course when superstars are involved in an ecosystem it will have a profound effect on the ecosystem itself, including the crypto currency industry, but we need to know to what extent these superstars are involved in the crypto industry, if the superstar is involved only in context only business is paid to advertise crypto, in my opinion the right is not effective enough to advance crypto economics, because crypto itself requires someone's involvement directly with crypto to be able to advance it.

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Quote from: michellee on April 24, 2019, 02:53:42 AM

unfortunately, there are not many public figures which understand about cryptocurrency so they can lead to giving the wrong information to the public. Using public figures will be a good help for cryptocurrency, but they need to learn the basics of cryptocurrency so there is no misunderstanding for the public and public can accept the explanation. The public figure can give a good lesson to the public that they are trying to invest in cryptocurrency and they have new assets in the cryptocurrency.

Same way we gave negative opinion about BTC when it was first introduced to us because of lack of proper understanding and later turned around to accept it is the same way some of these celebrities are going to get along with it.

It has started already and even if they are being paid for them to promo cryptocurrency industry, at least they would have also learnt a lot form their sponsors. If we can get public figures to really understand what cryptocurrency is about fully, then through them, awareness will be created to their fan that would be inquisitive about know what crypto is all about.

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Definitely it give a positive impact on crypto currency just like you said Serena Williams was investing on cyrpto, and i also heard some popular personalities have also invested on crypto and also we know that some politicians who have back money they are big whale of crypto investment, but they don't like to show their name. However in this wise crypto currency give us good impact on economic growth.

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

All of us wants better things in our lives, it normal for us to look onto our future and carefully invest in something that could really give us our retirements when we get older. But in anyways it is a positive image to the crypto society, the more famous and iconic figure engage in the crypto space the better.

okala

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Most of the super stars are investing in bitcoin and other cryptocurrencies, in fact crypto is the major such of investment a side they various careers. I recently listen to a song by RICK Rose and he mentioned bitcoin and litecoin they are all promoting the cryptocurrency industry one way or the other in movies and song.

mersal

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

the price of Bitcoin will not been stable in a single position so it could not be in the same position for long time definitely the more opportunities available for the grow up only so it could be definitely be in the same way to get development only and this will be the only be available now to get start its journey again.

South Park

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

While there is no doubt that people are easily influenced by the media and by what influential people are doing bitcoin is still not ready to get adopted by tens of millions of people, what are we going to do once those people adopt bitcoin and you need to pay huge fees just to send a few dollars worth of bitcoin? Before that happens we need the lightning network to be a reality that we can use every day with no problems, once that happens we will be ready for the scenario that you are presenting.

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Quote from: Xampeuu on April 23, 2019, 10:23:22 PM

Quote from: rijaljun on April 23, 2019, 03:27:49 PM

For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

right, as a public figure certainly has a lot of influence on society. the community believes that public figures have ways to secure their assets, and of course people follow their pattern of life. this is a psychological approach

Yes, but unfortunately, there are not many public figures which understand about cryptocurrency so they can lead to giving the wrong information to the public. Using public figures will be a good help for cryptocurrency, but they need to learn the basics of cryptocurrency so there is no misunderstanding for the public and public can accept the explanation. The public figure can give a good lesson to the public that they are trying to invest in cryptocurrency and they have new assets in the cryptocurrency.

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Quote from: Xampeuu on April 23, 2019, 10:23:22 PM

Quote from: rijaljun on April 23, 2019, 03:27:49 PM

For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

right, as a public figure certainly has a lot of influence on society. the community believes that public figures have ways to secure their assets, and of course people follow their pattern of life. this is a psychological approach

Along with the same there were more proven examples of public figures starting from 50 cent who has invested and has been gaining good through it. This will truly influence common people as they take public figures as the lead role for most of their daily activities.

Supercrypt

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Quote from: bering on April 23, 2019, 01:55:43 AM

For me the question is how far the superstars serious to involved and care about cryptocurrency because all i know they joining crypto world mostly invited or promote their own projects related to crypto and i think they not so different such as most people when joining that they targetting huge profit and maybe big possibility when they lost they will leave it so in my view superstars joining crypto or not it does not have huge impact for crypto world

There is always a stage for everything, the stage of awareness comes first before adoption in cryptocurrency, even if they are being paid as form of advert or so, let them get to do so, from there, they themselves will learnt about Bitcoin and its usefulness to the community.

When the adoption time comes, it will not be a new thing to them, and adoption by these celebrities usually comes in large form, because they are super rich and when they decide to invest, it will be in large sum of money they can easily loose, so their coming in will really help the market move up further, although not completely, but at least, it will still have a significant value.

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Quote from: rijaljun on April 23, 2019, 03:27:49 PM

For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

right, as a public figure certainly has a lot of influence on society. the community believes that public figures have ways to secure their assets, and of course people follow their pattern of life. this is a psychological approach

BitHodler

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Quote from: Crypdon on April 23, 2019, 12:53:55 PM

Serena williams investing in coinbase was a great move for her, when other mega rich celebrities see how much she has earned from it they will follow her lead

How do you know it is a great move? Her stake in Coinbase is very small I would assume, because Coinbase valued itself as a +$8 billion company. How much do you think a few million in Coinbase will yield? Roll Eyes

I'm sure that she can't even utilize her stake to vote for or against certain upgrades or other events where stakeholders show their 'balls', and maybe it's better like that, because what is there for her to add? She knows shit about crypto.

Throughout the years it has been more than clear that investing directly in Bitcoin greatly outperforms any type of investment in crypto related businesses. It also greatly outperforms mining in general.

rijaljun

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For sure superstars involvement will positively impact the price to a crypto currency but will not be long because the influenced value is just a HYPE and not a correct value (the intrinsict value). And this was happened to Bitcoin while pumping to all-time high back to 2017. This kind of work (paying famous people) to pump a price is not a good thing, it's good for only a while and lastly will leave much blood to the community.

botany

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Quote from: Crypdon on April 23, 2019, 12:53:55 PM

Serena williams investing in coinbase was a great move for her, when other mega rich celebrities see how much she has earned from it they will follow her lead

Her VC firm was founded in 2014 (5 years ago), although the news of her investments has come out only now. It makes a world of difference when you invest in a firm. I don't think any other celebrities are going to blindly invest in crypotcurrency firms just because Serena invested in them some time back.

whirlcoin

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

I don't know why it was developing right now but but I think it seems like it is the best time to make the development happening for the Crypto market that's why it's being executing its development right now otherwise there will be not a surprise in my mind because I always expect this kind of changes in this economy.

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

yes it will not suddenly expected by me because the recent times of development will be not favourable for it kind development but suddenly some changes will happen with future expectation will always been accepted by the people so if it was continue to do like this there will be a huge chances of getting a better value at the end of this year

Crypdon

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Serena williams investing in coinbase was a great move for her, when other mega rich celebrities see how much she has earned from it they will follow her lead

Supercrypt

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Many super start has been super rich in cryptocurrency before, in fact when bitcoin first started, I learned that they used it as payment for a musician called 50 cent for a tour program and that was when they were begging people for payment and not until recently too during the last bull that he remembered he had too.

We have lots of them that has been keeping it as secret for others, now that Serena Williams, has mentioned it, I am sure a lot of celebrities will also start looking into it to know more about it, and this are the fundamentals compounding that will make BTC boom in future.

0t3p0t

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Quote from: btc_angela on April 21, 2019, 06:15:57 AM

Not the first time though, we have heard so many sports personalities involving themselves in crypto. If I'm not mistaken, LTC logo was unveiled on UFC already so they are all aware crypto by now. It will be a matter of time, specially if we are in a bullish market again to see sports fans involving themselves or even using crypto to buy tickets so I do hope that it will have a positive impact to the ecosystem.

Well for me, it is because of how it was itroduced into the public. Adoption is also a factor affecting the economic growth of Bitcoin though celebrities can lure or convince more people to get into it. People will start to make a research about Bitcoin and be interested in trading, holding or even use it as payment method. If celebrities will try or hoard Bitcoins I think it will really attract viewer or fans attention and good result will happen to the community.

alyssa85

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Celebs and stars don't influence adoption.

PRICE does. The interest at the end of 2017 was purely driven by price - all the newspapers were breathlessly reporting that the price kept going up and that was what made people google it, make an account on coinbase and buy some.

1Referee

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Quote from: bering on April 23, 2019, 01:55:43 AM

For me the question is how far the superstars serious to involved and care about cryptocurrency because all i know they joining crypto world mostly invited or promote their own projects related to crypto and i think they not so different such as most people when joining that they targetting huge profit and maybe big possibility when they lost they will leave it so in my view superstars joining crypto or not it does not have huge impact for crypto world

The only super star here is Bitcoin. Tongue

The celebrities people seem to be excited about are nothing more than parasites trying to ride on Bitcoin till they sucked out enough blood and there is nothing more to gain.

The most annoying thing about celebrities is that they don't know what the difference is between Bitcoin and a random shitcoin claiming to change the world or be the next Bitcoin or Ethereum. These clowns will end up shilling certain altcoins they 'believe' in and the herd will follow. Perfect environment for McAfee style pump and dumps.

GregH37

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Quote from: mu_enrico on April 21, 2019, 10:56:14 PM

I believe there will be a time for Bitcoin to be beneficial for the wider community. Currently, Bitcoin is used only as a speculation tool, but later Bitcoin will change the way humans trade.

Bitcoin has been so much beneficial to a lot of its communities, and it already has very large community base that are really functioning and keeping the price of Bitcoin at its current level, we just need key people now that are super rich to join in the community.

If we have 100 dignitaries, that will give it a thought to adopt and invest in Bitcoin, I can tell you that we will be out of bear market completely, the bulls currently present are nothing compared to the powerful ones outside, it is not about a large community based but large community with very solid financial background, that can take risk in investing largely without it affecting them in anyway.

bering

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For me the question is how far the superstars serious to involved and care about cryptocurrency because all i know they joining crypto world mostly invited or promote their own projects related to crypto and i think they not so different such as most people when joining that they targetting huge profit and maybe big possibility when they lost they will leave it so in my view superstars joining crypto or not it does not have huge impact for crypto world

judyrob

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Bitcoin does have good value and it makes a lot of speculation about its value, we know that the market will develop well and many are speculating on this. The more users, we can see that the bitcoin economy is growing well.

Indrawan77

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If a superstar involves in crypto then it's a good thing, it could increase the coin's popularity and attract people's attention, but it won't automatically make people invest, superstar are not an investor, it's good for publicity but when come to investing they will look for investors opinion not superstar opinion

Juggy777

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Hey sports stars have a major audiences they’re also know as influential people who can make or break a brand. I didn’t read this news but I’m glad an atlethe like her is supporting crypto’s, it’ll be interesting to see if she’ll make a statement urging people to buy crypto’s. Also as we’re taking baby steps towards the bull run I feel many celebrities shall own up about investing in crypto’s which shall definitely boost crypto market prices.

loopes

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

If famous people invest in bitcoin then it will make positive trend that can make bitcoin price go up. It seems that the news about bitcoin is spread well, and also many people acknowledge that bitcoin is something worth. I am glad to hear that. I think it will also attract more superstars to invest in bitcoin. I also think that maybe it will be good if we have enough amount bitcoin before the market is dominated by whales.

Barbut

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Quote from: Virtual miner on April 21, 2019, 11:05:51 PM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Yes of course top brands take these people as their brand ambassador so that their products get high sales and a goodwill is created. So obviously when the similar stars will promote cryptocurrencies & related companies people will surely get attracted towards it & feel more confident whilst entering the world of cryptocurrencies. This openness will create a positive attitude towards cryptocurrencies & might even help in surge of price as we have seen in past the statements of some popular people have always laid their affect on the prices.

Justin Sun and his tron have Kobe Bryant, as I remember from couple months ago, he spoke at their conference. Famous people attract the masses, their actions are being monitored by many, and people tend to do same things like their stars. But what we have from that. Economic growth of bitcoin and other cryptocurrencies will show a positive impact for all the people who own some bitcoin and other cryptocurrencies, famous, celebrity or not, its not matter. Good for Serena Williams and her decision to get into cryptocurrencies, but people should ask themselves do they have cryptocurrencies? When bitcoin economy grows Serena will have positive impact on her money stash. what about you?

Virtual miner

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Yes of course top brands take these people as their brand ambassador so that their products get high sales and a goodwill is created. So obviously when the similar stars will promote cryptocurrencies & related companies people will surely get attracted towards it & feel more confident whilst entering the world of cryptocurrencies. This openness will create a positive attitude towards cryptocurrencies & might even help in surge of price as we have seen in past the statements of some popular people have always laid their affect on the prices.

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I believe there will be a time for Bitcoin to be beneficial for the wider community. Currently, Bitcoin is used only as a speculation tool, but later Bitcoin will change the way humans trade.

Oasisman

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No, It doesnt directly have an impact to the price, but it could somehow help with further Bitcoin adaption and awareness worldwide.
I have heard sports superstars or even celebrity before, that has been engaging into cryptocurrency related investment, but It didn't do something to change the price positively.
I remember Luis Suarez's tweet inviting his followers to sign up in an Eth-based prediction market.
And there are a bunch of international and local artist that has been uttering about cryptocurrency.

ecnalubma

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Well cryptocurrency investment is real and celebrities who believed that crypto is the next big thing they’re on the right track. I just hope that they can sort real investments to the fake ones, this is no doubt a clear adoption.

daarul50

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Wrong if we think that crypto will experience growth when someone is famous for investing in crypto. Something like this had happened a few years ago and had no impact because the growth of crypto or bitcoin was not dependent on someone's popularity and I even thought that this was just a promotion for crypto but for growth it needed other factors that could influence growth rather than popularity someone.

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Celebrities do help to raise awareness about cryptos and the blockchain technology since they have tons of followers on social media, but I don't think they have that much influence on people as you think, therefore, it's very unlikely that they're able to move the masses resulting in price movements on cryptos, unless of course, one of them says "invest in X crypto now" which could result in a massive pump for that coin.

Quote from: bittraffic on April 21, 2019, 10:33:35 AM

Heard of that too but there really isn't a way to confirm that Mcaffee really get that much per tweet.

Here's a screenshot of one of John McAfee's websites where his team used to (they took it down) promote his services to shill shitcoins and ICOs on twitter: https://i.imgur.com/RNCGrjp.png

Febo

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Yes the lousiest of them all. But on a bright note, the rest of her companies are total crap also. At least if anyone will buy Bitcoin because of her instagram post, they will for sure not be disappointed since we are so close to bottom.

Shenzou

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Do you think that these so called Stars just post and reveal that they have been investing in cryptocurrency on their on will or out of nowhere, of course not, these people know the influence that they have and how many people follow them and if they do it they do it for their own benefit, so it is either because they got paid by some company to do so or their manager told them to do so, so they can influence the price and make people invest in it and then they follow up by investing as well, no one in this world does anything unless there is a benefit in it for them.

Adriano2010

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I also don't think that this will influence bitcoin and bring the price high or low, bitcoin will grow more if more people will come and invest on it. This news can only attract maybe more people to invest on bitcoin.

Bardman

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These things are not influencing bitcoin or the crypto market anymore and in my opinion they shouldn't. Bitcoin and others are decentralized, they shouldn't depend on some famous guy investing in it or not, they shouldn't need to react to it either. Real positive news should be the only ones that create an impact, perhaps some better technology, faster transactions, etc. The only thing these ''news'' are doing is creating more volatility and speculation just like all the bitcoin ''bans'' around the world.

DooMAD

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I can't help but wonder, when these celebrities are investing, is it actually them who are making the decision to invest in crypto-businesses? Or do they just pay someone to pick the investments for them? It's all well and good coming up with the soundbites that they're:

Quote

passionate about the companies that promote basic necessities that keep society growing

but did someone merely just pick something they assumed will be lucrative and then worry about making up the justifications for their choices as an afterthought?

flash101k

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The economy of Bitcoin has been falling for a long time and after the end of the process it has grown again. People are discussing it and making general assumptions that Bitcoin is in the process of growing steadily after a long decline. So people always give positive information about Bitcoin.

bittraffic

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Quote from: fiulpro on April 21, 2019, 09:35:16 AM

Quote from: Harlot on April 21, 2019, 06:43:46 AM

Sure we can saty tyat "superstars" can influence the markets to go upwards but we can also say that they can influence the prices to go downwards with their negative opinion. This has been done in the past and actually a lot of people who have influence takes advantage of the situation (and its not a good one) sone goes as far as accepting payments for a tweet to pump a certain altcoin, John McAfee lately revealed that he accepts 105,000$ per tweet to pump the prices. I wouldn't be surprised if other influencial people are doing the same thing.

This is something interesting that I had no idea about.
105,000$ per tweet?
Seriously ? It's like one whole big Bitcoin cult planning to take over the cryptocurrency market by influencing the price according to their own investments.

But at the same time since they are hoping for the price to go up thus it's a good thing " thus I don't mind as long as they don't do the same thing for it to go down

Heard of that too but there really isn't a way to confirm that Mcaffee really get that much per tweet. One thing is for sure though, if Mcafffee promotes something like an ICO on twitter, its gets retweeted by hundreds to thousands. And the possibilities of collecting funds up to its hardcap is high.

Floyd Mayweather promoted the ICO of STOX last 2017 and the project were funded. Not really a known project but it also moon last bull run. I'm pretty sure celebrities can help the adoption too.

hugeblack

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

* Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

I heard a lot of these stories but the investments are still shy -----> Read more 28 Celebrities Who Own Bitcoin - Ranker.
In other words, I do not think Superstars will invest millions of dollars in a new technology in order to gain when the price rises to $ 10,000.

If Bitcoin ETF is approved, more institutional funds will be introduced and thus provide a system for those rich to increase the number of their portfolios.

fiulpro

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Quote from: Harlot on April 21, 2019, 06:43:46 AM

Sure we can saty tyat "superstars" can influence the markets to go upwards but we can also say that they can influence the prices to go downwards with their negative opinion. This has been done in the past and actually a lot of people who have influence takes advantage of the situation (and its not a good one) sone goes as far as accepting payments for a tweet to pump a certain altcoin, John McAfee lately revealed that he accepts 105,000$ per tweet to pump the prices. I wouldn't be surprised if other influencial people are doing the same thing.

This is something interesting that I had no idea about.
105,000$ per tweet?
Seriously ? It's like one whole big Bitcoin cult planning to take over the cryptocurrency market by influencing the price according to their own investments.

But at the same time since they are hoping for the price to go up thus it's a good thing " thus I don't mind as long as they don't do the same thing for it to go down

Ailmand

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It could in some ways, it could even contribute to cryptocurrency awareness since most people follow their idols and what they promote. Brand exposure is a good marketing, that is why some crypto companies are even hiring personalities or celebrities for promotion. We can actually see more and more celebrities getting involved in cryptocurrency as time goes by.

Haunebu

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Quote from: Bitinity on April 21, 2019, 07:08:26 AM

Quote from: fiulpro on April 21, 2019, 06:10:40 AM

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

The main question is who are the Superstars and how they are involved in the cryptocurrencies. If it is just another advertising strategy by using superstars to promote a project then it wont be effective as their main idea is just to get paid for advertisement. It will be effective if the Superstars are involved in the real action, not just becoming advertiser who do not even involved in using crypto for real.

Honestly, I am happy that they are connecting themselves to crypto in a some way or another. Read this news earlier today about her investment in Coinbase and felt good that more and more celebrities are understanding the importance of crypto(Personal or non-personal benefits) which could possibly help drive up adoption rates.

https://www.cryptovibes.com/crypto-news/serena-williams-invests-in-coinbase-is-mass-adoption-arising-rapidly/

Bitinity

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Quote from: fiulpro on April 21, 2019, 06:10:40 AM

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

The main question is who are the Superstars and how they are involved in the cryptocurrencies. If it is just another advertising strategy by using superstars to promote a project then it wont be effective as their main idea is just to get paid for advertisement. It will be effective if the Superstars are involved in the real action, not just becoming advertiser who do not even involved in using crypto for real.

Harlot

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Sure we can saty tyat "superstars" can influence the markets to go upwards but we can also say that they can influence the prices to go downwards with their negative opinion. This has been done in the past and actually a lot of people who have influence takes advantage of the situation (and its not a good one) sone goes as far as accepting payments for a tweet to pump a certain altcoin, John McAfee lately revealed that he accepts 105,000$ per tweet to pump the prices. I wouldn't be surprised if other influencial people are doing the same thing.

btc_angela

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Not the first time though, we have heard so many sports personalities involving themselves in crypto. If I'm not mistaken, LTC logo was unveiled on UFC already so they are all aware crypto by now. It will be a matter of time, specially if we are in a bullish market again to see sports fans involving themselves or even using crypto to buy tickets so I do hope that it will have a positive impact to the ecosystem.

fiulpro

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Hey
We all know how essential it is for the audience to follow the stars they love, not only that they usually have the power over a lot of population given how commercial companies die to hire them , well we have a good news * Serena Williams just revealed her list of the compani that she was investing in and one of them list was related to the cryptocurrency*

What we can infer from here is * even Superstars are actively involved in the cryptocurrencies and now they are opening up about it , this is going to influence the price positively for sure, what do you think ?

Topic: Why the economic growth of Bitcoin will show a positive impact in upcoming days (Read 631 times)