Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Crypto Kris on May 05, 2019, 12:44:13 AM

Title: Bitcoin is successful due to mass media marketing
Post by: Crypto Kris on May 05, 2019, 12:44:13 AM
Bitcoin is successful due to mass media marketing.
 
Bitcoin is by far the most understood cryptocurrency in the general population.  Most people have heard of bitcoin, own it, or know somebody that owns it.  It’s hard not to get swept up in bitcoin mania, when there are millions of bitcoin videos on YouTube, financial experts talk about it, Netflix produced a documentary on in and shorty after releasing this it, the price of bitcoin spiked. This is where the problem lies with bitcoin, it’s too well known, which could possible make it the worst investment one could make in the cryptocurrency market.  Bitcoin, as the first mass adoptive crypto has already had its day in the sun and is already extremely expensive, it’s exploded in price by a few hundred thousand percent. In 2009 the price of a single bitcoin was a few cents, fast-forward to 2019 and the price of a single bitcoin is now well over $5,500.  A far better investment would be to look at alternatives to bitcoin, these coins are called altcoins.  Altcoins are far cheaper, have a little more risk, and have not reached mass adoption in the global crypto market, meaning they are prone to explosive moves, some upwards of 10,000 times your original investment.  While searching through the extensive list of altcoins I came across a real gem, this altcoin is called canyacoin CAN, it powers the freelance platform called canwork.io Canya is an Australian start-up and aims is to disrupt the $2 trillion services economy via the usage of a cryptocurrency, hence lowering the fees of the platform.  Canyacoin CAN has a current market capatilzation of $1.5 million USD, it charges a 1% fee to use its platform.  Its major competitor is called Upwork , currently valued at over $2.2 billion USD and it charges a gigantic fee of 20% to use its platform.  As you can clearly see freelancers may cancel their accounts with Upwork in favor of a 20 fold reduction of fees on canwok.io A natural flow of freelancers will move towards cheaper fee based platforms as they seek to regain more monetary compensation for the valuable work that they contribute to the freelance gig economy.  Upwork may struggle to attract and retain freelancers as the momentum builds throughout freelance community shifting focus from the current price gouging platforms on offer to them.  Social media will amplify their voices and enable canwork.io to really succeed.  This is why I believe this altcoin is extremely undervalued and extremely oversold and is due for a massive bounce.  Buy canyacoin CAN now!
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Title: Re: Bitcoin is successful due to mass media marketing
Post by: Asebaby on May 05, 2019, 11:54:56 PM
For sure the social media is one of the marketing platform for Bitcoin but take a look at this information,it will help to know why bitcoin became a popular currency. https://www.quora.com/What-is-bitcoin-Why-is-it-so-popular
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Crypto Kris on May 06, 2019, 01:15:13 AM
Being popular doesn't always mean that you will stay popular... as the altcoin market is gaining traction
Title: Re: Bitcoin is successful due to mass media marketing
Post by: trauchot on May 06, 2019, 09:31:30 AM
I agree that the mass media greatly influences both the positive and the negative possibilities of bitcoin, but at the moment, of course, the price of bitcoin itself depends only from manipulators that they can easily do with bitcoin what they want.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Watu_pawon on May 07, 2019, 09:30:22 AM
yes, it's true of everything you say, and I really believe that marketing with social media is very helpful in speed.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: tonymillions84 on May 07, 2019, 10:15:50 AM
you may also notice that fiat currency is not the solution. the world  povert rate is on the raise and people are quiting their job in other to become independent. bitcoin is decentralized and people like it just like that. we all prefer a decentralized solution to the world  financial mismanagement.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Filo on May 07, 2019, 10:46:42 AM
Mass media marketing is not enough for success. Without its amazing technological background and revolutionary idea Bitcoin would disappear ina few months.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Xtinah on May 23, 2019, 04:05:49 AM
Of course, mass media helped greatly in the success of Bitcoin. Creating awareness on social media made people to know more and understand bitcoin before diving in.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Arybes on May 23, 2019, 06:49:06 PM
really, the role of mass media in marketing bitcoin is very large. through the mass media, bitcoin has become known by many people. as good as a prodok if it's not known, i don't think it will sell.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: sampoerna on May 23, 2019, 11:12:55 PM
Marketing strategies always give the best results for any business or offer. Likewise with Bitcoin. However, this also must be balanced with the quality offered. Bitcoin itself needs a long time to be known by many people to finally become the current king of crypto. The level of trust of investors or holders of Bitcoin is increasing because its value is increasing with the increasing number of users or holders.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: damsix on May 24, 2019, 04:46:27 AM
It's true, when viewed from the founding of Bitcoin until now, it takes 9 years to raise the price from 0.1 USD to 5000 USD.
Broad media such as the internet and forums are the best way to market Bitcoin.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: mimikri on May 28, 2019, 07:52:40 PM
Being popular doesn't always mean that you will stay popular... as the altcoin market is gaining traction

Not so much as Bitcoin. People do not stop to discuss BTC. Turn the TV on, and you will hear the news about this cryptocurrency. Mass media adds it popularity.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: sampoerna on May 28, 2019, 10:56:00 PM
It's true, when viewed from the founding of Bitcoin until now, it takes 9 years to raise the price from 0.1 USD to 5000 USD.
Broad media such as the internet and forums are the best way to market Bitcoin.

The value is already around $8,700 - $8,800 nowadays. Mass media marketing is always crucial to attract people interest. They know how to make the news provides positive impacts. I think without mass media marketing, Bitcoin will be hard to improve.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: zilzylian on May 28, 2019, 11:30:09 PM
Social media and some of the best information on blogs and articles have indeed helped to invite crypto new investors to be more familiar with how to use and invest in crypto. This year there are not many negative issues, but this year is the year when Bitcoin prices continue to rise and rise
Title: Re: Bitcoin is successful due to mass media marketing
Post by: banknet_ICO on May 29, 2019, 11:33:02 AM
I believe that media has done allot for bitcoin, but there are bunch of other factors that determine bitcoins price, especially now days.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: I-Bit on June 02, 2019, 04:47:32 AM
We cannot avoid the influences of mass media. It has a big role to make all people around the world know about Bitcoin. It can be popular and chosen by people because of the marketing from mass media. I agree if we state that mass media is one of the keys for Bitcoin to be successful. 
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Eben on June 02, 2019, 07:15:49 PM
The mass media indeed has had a great influence on bitcoin by making it more popular but its full success is not entirely dependent on mass media.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: robelneo on June 07, 2019, 02:41:54 PM
Not only the mass media but the whole community,  some members of our community have their own blogs and forums some of them are into Youtube and they always update with the latest news about cryptocurrency, no wonder Cryptocurrency and Bitcoin is always in the top of the search engine.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Octoalts on June 07, 2019, 05:38:55 PM
That's right, Bitcoin is successful and can be known to the public very quickly because of the great role of the media.  At first I knew Bitcoin from the Facebook media.  before finally I asked my friend who first knew Bitcoin.  and I'm also sure, the destruction of the price of bitcoin also often occurs due to the bad influence of the media.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: alltalk on November 02, 2019, 11:03:32 PM
No doubt that mass media has given big contributions to the success of Bitcoin. Now, almost all People around the world know about Bitcoin and the potential profits by investing or trading on it. I think if there is no role of mass media, people are difficult to know it.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Seerge on November 02, 2019, 11:55:03 PM
No doubt that mass media has given big contributions to the success of Bitcoin. Now, almost all People around the world know about Bitcoin and the potential profits by investing or trading on it. I think if there is no role of mass media, people are difficult to know it.
Strongly agree with you, because mass media is a very fast communication tool today.  Without the media the news will be very long heard by the public.  Therefore the role of the mass media is indeed very large for the development of Bitcoin.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: pelana vreo on November 03, 2019, 02:20:19 AM
Being popular doesn't always mean that you will stay popular... as the altcoin market is gaining traction

Not so much as Bitcoin. People do not stop to discuss BTC. Turn the TV on, and you will hear the news about this cryptocurrency. Mass media adds it popularity.

Until now Bitcoin has been rejected by many government agencies, but Satoshi Nakamoto has a very good idea about payment transaction transparency and anonymity. So that makes some people want to continue to develop this blockchain technology.
Everyone knows Bitcoin from some information, with blockchain technology and high prices from BTC and the support of mass media such as blogs and social media makes Bitcoin continue to be popular today.
Title: Bitcoin is successful due to mass media marketing
Post by: MariaNug on November 03, 2019, 02:17:25 PM
social media is very effective way today we use to promote our site online in the search engine.social media is very good way to getting traffic for your sites.Social media marketing can be a beneficial and successful path for your business, product or service to adopt. Proper planning and right formulation is very important
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Uina on November 03, 2019, 04:24:02 PM
I think any product that uses social media for marketing and is well-promoted especially with good feedback will certainly stay in the market for long. Good feedback and word of mouth is certainly the best marketing strategy for me.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Lanirex on November 03, 2019, 11:29:01 PM
The mass media has indeed played a big role in the development of Bitcoin, and it cannot be denied anymore. Maybe if there was no mass media Bitcoin would be a long time developing, and would not be as famous as it is today.
Title: Re: Bitcoin is successful due to mass media marketing
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Title: Re: Bitcoin is successful due to mass media marketing
Post by: Andruha1993 on November 07, 2019, 05:33:37 AM
Yes, of course, the media can slightly affect the popularity of Bitcoin, as well as its price. I myself have already noticed this several times. But the news, the price has not changed so much, it changes completely due to other nuances, for example, manipulators.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Altcoin1998$ on November 10, 2019, 05:23:00 PM
Yes bitcoin getting popularity due to media coverage advertising activities. Twitter, Facebook, LinkedIn, Telegram, Reddit, medium, blog, YouTube channel, and newspapers are very responsible for increasing bitcoin popularity. If media don't coverage adds then not possible.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: Coin63@ on November 17, 2019, 06:13:10 PM
Yes brother you just say very important and effective information because maximum coin, project, and businesses get popularity through mass media, Facebook, Telegram, LinkedIn, twitter YouTube, and television. So bitcoin also gained success through media marketing advertising.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: jekanbedui on November 27, 2019, 04:05:57 PM
The media is a main asset for everything.  it can bring you up and it also can bring you down hard just like today.  Bitcoin has receive a lot of negative news and it bring down the price of bitcoin.
Title: Re: Bitcoin is successful due to mass media marketing
Post by: ansi on December 02, 2019, 09:20:26 PM
It doesn't matter if they FUD Bitcoin or not, as long as they name it, it means more people will read about it & wanna learn about this Blockchain technology.

Bitcoin i inevitable, that' a fact, sooner or later it will take it's right lace where it should be. You can already see that it's technology i starting to be use in solving real life problems ( same as other major Blockchain). It's just a a matter of time.