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This Sub Has Gotten Very Quiet

This is the problem with the crypto community. Many only get excited and interested when they see a major pump. OXTBETS seemed very active and interest peaked in late August. Then, the terrible month of September ensued (which I predicted btw, not to toot my own horn) and now Orchid's level of interest is back to the days of June and July. In the terrible words of scholarly rapper, Future: "Molly, Percocets, Rep the set, Gotta rep the set, Chase a check, Never chase a bitch." NEVER CHASE A CRYPTO or you will be doomed. (Btw Future was basically advertising street drugs which makes that a terrible song).
Everyone should watch this video by Tommy World Power: (0:48) "imagining if someone put $100 in cryptocurrency or BTC in 2009, that in 2013, that $100 would become worth $100 million. Thinking about how people go to work everyday and they have these routines...and if they could put just $100 which is possible for most people in the Western world..." I can admit that I was sleeping on crypto throughout this decade. I first heard about Bitcoin in 2013 and dismissed it as some illegal black market money laundering scheme. And in a way with Mt. Gox, it was like that. Then came the more traditional exchanges like Binance and Coinbase which helped legitimize this asset class.
(1:37) "I watched Bitcoin go from $10 to $1000 in 2013." Didn't we all? (1:50) "I actually made first major investments in Bitcoin and cryptocurrency at the end of 2013, at the end of that bubble...that next year is something we NEVER saw in cryptocurrency before.... My losses on some of them were 90%... Accumulate as much possible at those lows because I knew at some point, it would rebound." Basically, he was referring to how everyone forgot about crypto in 2015 including all his friends and how it came roaring back to reward the loyal crypto holders. Don't chase crypto gains but don't also sleep on crypto.
https://www.youtube.com/watch?v=qhfbIGuSBxY
submitted by truth_revealled to OXTBETS [link] [comments]

14.09-21.09 Good Crypto Weekly Market Summary

14.09-21.09 Good Crypto Weekly Market Summary
Quick weekly news:
Tether is moving 1 billion more USDT coins from TRON to the Ethereum blockchain
Binance has been accused of “aiding and abetting” the theft of $60 million in cryptocurrency in 2018.
Rapper T.I. and seven others were charged with securities violations for their involvement in a pair of initial coin offerings (ICOs).
Other notable events include:
- Kraken Financial, a newly formed division of the popular crypto exchange, has become the first firm to receive a special type of charter making it a bank.
- Online gaming and gambling platform Unikrn will pay a $6.1 million settlement – “substantially all of the company’s assets”
Also, be sure to check out top altcoin gainers and losers of the week ⬇️
Crypto’s bank
Kraken Financial, a newly formed division of the popular crypto exchange, has become the first firm to receive a special type of charter making it a bank. On Wednesday, the Wyoming Banking Board approved the exchange’s application for a special purpose depository institution (SPDI) charter – making it a licensed bank in the state, replete with access to federal payments infrastructure and opening the doors to issuing digital-asset debit cards and savings accounts as well as securities and commodities services. Kraken Financial beat out Wyoming blockchain pioneer Caitlin Long’s application for Avanti Financial and became the first bank established in Wyoming since 2006.
‘Chilling effect’
Online gaming and gambling platform Unikrn will pay a $6.1 million settlement – “substantially all of the company’s assets” – for conducting an allegedly unlicensed initial coin offering (ICO) in 2017, according to the U.S. Securities and Exchange Commission (SEC). The securities regulator said Unikrn’s $31 million fundraise was in violation of registration requirements, though Commissioner Hester M. Peirce has offered a dissenting opinion that the token startup wasn’t accused of committing any fraud. Further, this injunction will have a chilling effect on innovation on the part of other firms. Unikrn will continue to offer its services supported by major currencies, including fiat currencies, bitcoin (BTC), bitcoin cash (BCH), ether (ETH), and USDC, among others.

https://preview.redd.it/jk3u6g00dio51.jpg?width=1200&format=pjpg&auto=webp&s=dd3b78df0fe1f8e7744e752bcc06fdf778f4b641
submitted by Kononenko_Ivan to GoodCrypto [link] [comments]

2020 Top Actors, Comedians, and Rappers Advocating Crypto industry

When the first cryptocurrency, bitcoin, was launched over two decades ago, there was a lot of skepticism trailing it. The digital currency remained a conversation amongst nerds alone. The concept of digital currency was hard to grasp by many people, and it took a while for people to join the crypto movement.
However, the crypto industry has grown and has begun to amass advocates from every corner of the world. Celebrities are joining the crypto movement and advocating for cryptocurrencies as the best investment choice and as the future currency of the world. Many celebrities lie Snoop Dog, and also Mike Tyson first bought the idea before it became globally accepted but many other actors, comedians, and rappers now advocate for the crypto industry and below are some of them:
Zuby
Zuby is one of the newest members of the crypto sphere. He made his involvement in the crypto industry public when he went on Crypto cousins bitcoin and cryptocurrencies podcast to discuss cryptocurrencies. Since then, he has continued to tweet about bitcoin on his twitter page.
Jimmy Jefferies
If you love a good laugh, then you must have heard of Jimmy Jefferies, Jefferies podcast is popular and listened to by thousands of people globally. In a new episode on June 30th, he reveals that he is more involved in cryptocurrencies than his team is aware of. He admits that he bought one bitcoin on the Robinhood app. This means Jefferies owns more bitcoins than Elon Musk does.
Serena William
There are few on this planet who don’t know Serena Williams, but only a few are aware of how involved in cryptocurrency this celebrity is. This tennis player opened a finance company called Serena Ventures and has invested in many projects, one of which is cryptocurrencies. Coinbase is a project Serena and her husband have continued to invest in Coinbase over the years.
Steven Seagal
If you’re a movie fan, you’ll love this one. In February, actor Steven Seagul’s involvement with Bitcoiin2Gen was made public. He has continually promoted digital currencies on his social media pages but was investigated by the US SEC for promoting cryptocurrencies in return for payments.
Bill Burr
Bill Burr, who is also amongst the top comedians in the world, especially popular for his comedy series on Netflix and his appearances on Joe Rogan’s podcast, has joined the bitcoin family. He claims to have been convinced by Anthony Pompliano, who simplified the concept for him.
Also find — 5 High-Impact Crypto Marketing Solutions Every New Crypto Business Needs
Kim Kardashian
Reality TV Star Kim Kardashian is another celebrity in the long line of celebrities advocating for the crypto industry. She made her involvement public when Mathew Roszak tweeted that he was giving one bitcoin to Kim Kardashian. She confirmed this by replying that she has moved on to bitcoin.
Kanye West
That’s right! Kanye West, just like his wife Kim, is a big advocator for the crypto industry. He spoke first about bitcoin in 2018 on an interview with Charlamagne. Before the interview however, he first posted about crypto by tweeting ‘decentralize’ which signified his stand with the crypto industry. He has remained silent about his involvement with cryptocurrency since then but that doesn’t mean he’s done with crypto.
Akon
Akon, a Senegalese-American musician, expressed his support for crypto when he spoke at the 3rd anniversary of Binance along with other top stakeholders. Together with the CEO of Binance, Akon spoke on the adoption and future of crypto industry in Africa. He also introduced his cryptocurrency called Akoin which he planned to release soon. Now that he is the official owner of a city in Senegal which he calls the Akon Crypto City, he has built an economy around his crypto; Akoin.
50 Cent
50 cent is a famous rapper and was among the first top celebrities to wholeheartedly support cryptocurrencies. He publicized his support for cryptocurrencies to the delight of crypto enthusiasts by stating that he was accepting bitcoin as payment for his album.
Madonna
Madonna is one of the top cryptocurrency advocates since 2018. She uses cryptocurrencies for donations to her funding project ‘Raising Malawi’, which she uses to raise Malawi orphans. Ripple CEO is very much involved in the project also as a charity event was held where the collections were made in cryptocurrencies.
You may also find this article interesting — How Not To Pressurize Your Mind While Trading Crypto?
Final Note
No one knows if these celebrities have become crypto millionaires, but there’s an excellent chance that they are. There are probably several other celebrities out there who are already crypto fans but haven’t made it public yet. As the crypto movement gets more prominent, we’re bound to see new celebrities becoming crypto advocates real soon.
If you like it, do a favor by sharing it :) Tag us on Twitter and other social handles @Bit2Buzz
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Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry
Over the past decade, the crypto-industry has proven to be a unique industry with a specific audience, which requires a no less specific approach. In this regard, in 2020, the advertising activity of crypto companies is significantly different from that to which banks and various financial companies resort. Industry leaders prefer not to rely on traditional online advertising on Facebook, Instagram and YouTube. They follow a different path: they work with bloggers (opinion leaders and influencers), rely on MLM marketing referral programs and actively organize various contests and sweepstakes with generous prize pools. The CoinDesk portal claims that crypto marketing this year is strikingly reminiscent of marketing in the beauty industry, and here it is no less effective.

General concept

Michelle Fan, a blogger with a million YouTube subscribers, is using the same techniques to spread skin care life hacks and the idea of financial freedom through bitcoins. Moreover, she assures that the leaders of the crypto industry, like her, use marketing schemes from the beauty industry, even if they themselves do not know about it.
Both areas prefer to use the DTC (Direct to Customer) business scheme, independently creating and then promoting and selling goods / services, working as closely as possible with the community. Sales are built through aggregated retail platforms like Amazon, Etsy and Shopify, or even through accounts in popular social networks.
Industry leaders in developing countries often resort to the latter option, where large sites like Amazon simply don’t work or aren’t popular. For example, Michelle Haber, a bitcoin maximalist from Libya, made it clear in CoinDesk’s comment that social networks and chats are today the most effective way to distribute goods / services in crypto topics. He said that local traders in order to “educate” the audience help buy hardware wallets, selling them through groups on social networks. Buying yourself Trezor or Ledger in another way is often simply impossible.

Work with opinion leaders

Michelle Fan is not the only person from the crypto-community who notices the similarities with the beauty industry. So, Maria Paula Fernandez, who actively uses the services of the DeFi sector and is seriously interested in the topic of skin care, gave the CoinDesk portal a similar comment.
She notes that in both cases, society has become accustomed to relying on the opinion of society itself, rather than trusting the views of the world’s leading media. Therefore, in both sectors, the so-called influencers are very popular — opinion leaders and bloggers who disseminate information among their audience on YouTube, Instagram, TikTok and other social networks, receiving a reward for this.
Crypto-companies very often, like firms from the beauty industry, provide their products to opinion leaders for review and further “instruction” of their subscribers. Maria Paula Fernandez does not see anything shameful in this. Observing the experience of bloggers, subscribers begin to acquire a kind of crypto-education and disseminate the information through the word of mouth. Thus, the crypto-community grows.
The most successful bloggers over time can count on sponsorship from one or another crypto company.
For example, the podcaster Marty Bent, whose show is now funded by Unchained Capital and Square, the developer of Cash App, witnessed this scenario. The latter, by the way, in addition to Bent sponsor also podcast Joe Rogan and rapper Lil B.
Many other large companies, including the Kraken exchange, have resorted to this strategy. They are just as interested in sponsoring reputable content creators who promote products among loyal subscribers. The U.S. exchange sponsors the Reckless VR crypto start-up, founded by Udi Wertheimer for crypto-conferences in virtual reality, and the famous podcast Peter McCormack, who launched his own media brand Defiance last year. Having started his career as a hobby, McCormack turned it into a business of his life, thanks to which he earned about $1 million for 2019.
With all this, working with bloggers is a great opportunity to enter foreign markets. This is understood at Crypto.com, where they use opinion leaders to attract the Russian-speaking and Turkish-speaking community. Does this approach give a result? Judge for yourself: over the past six months, the number of startup users has doubled and currently stands at more than 2 million people.

Referral Bonuses and MLM Marketing

The development of products within the community often turns into MLM marketing strategies, which require the presence of referral bonuses and bonuses “in depth” — favorite schemes of cosmetic brands. They use a multi-level reward system for attracting partners, where you can usually get a bonus not only for personally invited, but also for “friends of friends and their friends”. Thus, opinion leaders who distribute crypto products often receive a portion of the funds that people invited by them will pay for the product / service.
The relevance and effectiveness of the trend is confirmed by the fact that these methods are not shy to use not only crypto start-ups, but also top cryptocurrency companies, widely known throughout the industry. A prime example is SatoshiLabs, a company that manufactures and distributes Trezor wallets. The head of communications, Iva Fizerova, confirmed that she is actively resorting to “affiliate marketing” with bloggers as an alternative to paying them for direct advertising.
No less vivid examples are the largest crypto exchanges Binance and Gemini, which managed to succeed not without the help of referral systems copied from the multi-level marketing campaigns Avon and Mary Kay, which they have been using for decades.
Instagram blogger Chjango Unchained has been earning good bonuses for several months running after posting a referral link to Gemini on her profile. When her subscribers register on the exchange and buy cryptocurrencies worth more than $100, she receives $10 in BTC. According to her, she is doing a good deed. The blogger wants people who are interested in her opinion on digital money to start their crypto path on Gemini, and not, for example, on Coinbase, because the latter charges “crazy commissions”.
Referral system bonuses are a typical phenomenon for many crypto companies, and successful bloggers are happy to use this. A prime example is Michael Gu, known by the pseudonym Boxmining. It has been distributing information about digital money since 2012, having gathered an audience of more than 200,000 subscribers on YouTube and more than 3,500 participants in Telegram chat during this time.
Despite the fact that the manufacturer of hardware wallets Ledger does not sponsor its activities, it places referral links in the video descriptions and collects voluntary donations from subscribers. As you might guess, he feels rather well. At the same time, he emphasized that user activity during the coronavirus pandemic is only growing, especially after YouTube began to put sticks in the wheels of the creators of crypto-content.

Gifts, contests and sweepstakes

Making a small gift is a great way to introduce an audience to a new product. In the cryptocurrency market, this has long been relevant.
Coin creators eagerly carry out airdrops and bounty campaigns, allowing the crypto community to test the new coin. A similar approach is popular in the beauty industry. Samplers of perfumes and branded magazines with smells have led many girls to buy full-fledged versions of the fragrance.
In addition to the cryptocurrency developers themselves, a similar approach is also used by cryptocompanies of a different direction, which cannot conduct airdrops due to their technical features (for example, this is true for manufacturers of hardware wallets). Therefore, they organize more classic contests and sweepstakes. For example, they play a wallet for reposting on social networks or videos published on YouTube.
It is noteworthy that cryptobrands in this area are even more active than cosmetics manufacturers. They work not only with trusted bloggers with many subscribers, but also help to become less “untwisted” users. Therefore, they periodically assist them in organizing draws in order to attract subscribers who could potentially become new customers.
Iva Fizerova from SatoshiLabs confirmed that Trezor manufacturers periodically help users attract new followers through the distribution of gifts. Moreover, this approach brings excellent results. By working with the community this way, they have managed to sell hundreds of thousands of wallets. But most importantly, a reputation of the brand has formed around the product, warmly received by the audience. And this effect is so strong that the company simply does not see the point in spending money on traditional expensive advertising.
Most importantly, despite all the problems of 2020, including the coronavirus pandemic, which seriously hit the global economy and, accordingly, people’s wallets, demand for products did not fall. This approach remains effective, while the percentage of successful conversions in traditional advertising has probably decreased. Fizerova noted that over the past three months they have recorded a steady increase in demand for goods. Moreover, they even had to solve delivery problems, if only the buyers got the desired devices in a timely manner.
A similar approach and results are observed with other manufacturers of hardware wallets. Thus, Rodolfo Novak, co-founder of Coinkite, confirmed the growth in demand for products, despite the pandemic. Working with the community is their main marketing strategy, because it really gives results. Over the past three years, they donated about 50 wallets to YouTube reviewers. Novak is proud that their “users help other users.” According to him, this approach allows you to sell products at a lower price, since the cost of goods does not include high costs for familiar marketing campaigns.

Are marketing strategies effective? More than

The cryptocurrency market relies on marketing strategies that have established themselves in the beauty industry, which in the new field are no less effective. Maximum performance is achieved with a killer combination of all three of the above methods. It’s about when the founders of cryptocompanies themselves become opinion leaders. Just look at Changpen Zhao, the head of Binance, or Justin Sun, the project manager of TRON. Both entrepreneurs are bloggers with a huge army of subscribers and are personally engaged in the promotion of their brands, regularly rewarding their audience with pleasant gifts.
It’s easy to guess why industry leaders rely mainly on this type of marketing. Advertising products in the traditional way is expensive, especially for startups, behind which there are still no attractive products with a good reputation. But more importantly, crypto products are quite complex in themselves, so they often need detailed explanations, which are difficult to implement in the framework of traditional advertising. Agree that selling a bottle of Fanta with a new taste is much easier than a hardware cryptocurrency wallet, especially since most people don’t understand what it is.
On top of that, regular advertising is complicated by the fact that media giants regularly block crypto content.
In such a situation, marketing borrowed from the beauty industry seems to be the most acceptable and most effective option. By focusing their marketing budgets on opinion leaders and working with the community, cryptocompanies achieve the desired result, even taking into account the coronavirus pandemic. The crypto community is getting bigger and stronger every day. But the best part is that this growth cannot be stopped.
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r/Bitcoin recap - November 2018

Hi Bitcoiners!
I’m back with the 23rd monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in November 2018
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
Congratulations Bitcoin on about to be 1 Million subscribers! See you next month!
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Numerical, A-C 10k-50k

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Im März 2020 kündigte die Krypto-Börse die hauseigene Binance-Card an. Eine Debitkarte, die zunächst als Beta-Version angeboten wurden und sich mit Bitcoin sowie Binance Coin aufladen liess. Zwar ist noch nicht bekannt, welche Länder die Karte unterstützen werden, aber der Binance-Blog verriet bereits eine kleine Ankündigung. 8500 BTC Moved Out Of Binance 11 September 2020; Compound Reserves 775000 COMP For Community 11 September 2020; Rapper T.I. Settles With SEC For Promoting A Fraudulent ICO 11 September 2020; Bitcoin-Pegged Tokens On Ethereum Network Reach 80000 11 September 2020; Ethereum Classic: ECIP-1095 "SHA3-256" Rejected 11 September 2020 Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICO Binance Der US-Rapper Kayne West gehört zu den bekanntesten Stars der USA. Der Milliardär, der in diesem Jahr auch als unabhängiger Kandidat für die US-Präsidentschaftswahl kandidiert, äußerte sich in einem aktuellen YouTube-Interview über Bitcoin und dessen Potenzial. Dabei gab der Rapper und Modedesigner interessante Einblicke in seine Sichtweise. West attestiert der Kryptowährung Bitcoin ... “Binance is not able to solve the problems of anything that Binance invests in or gives a grant to, or guarantee them to be successful, it is not possible,” CZ said during the interview with Coindesk. His comments came after a DeFi automated market maker called BakerySwap was launched on the Binance Smart Chain earlier this month. Shortly after its launch, the project’s protocol bombed ... Rapper TI and four other people, including film producer Ryan Felton, have been charged by the U.S. Securities and Exchange Commission (SEC) over fraudulent token sales. TI, or Tip as the rapper ...

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Moving BitCoin from Bitstamp to Bittrex Exchange

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