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1/ 🔙 At the apex of the previous bull run, we saw a bunch of celebrities and socialites all of a sudden endorsing bitcoin and the cryptocurrency space in general.
In the proceeding months, well, we know what happened to the market...
In the proceeding months, well, we know what happened to the market...
2/ 👀 With bitcoin surging recently, we've begun seeing a lot more *positive* media coverage. Likewise, we've seen certain high-profile figures share crypto-related content with their huge audiences.
Newcomers, if this continues, seriously consider taking profits. Stay vigilant.
Newcomers, if this continues, seriously consider taking profits. Stay vigilant.
3/ 📸 In fact, it's already begun unfolding.
Now, these public figures are certainly no world-class celebrities. But, always, this is how it starts.
This week, we've seen two NFL players, 2015's Miss Finland, and one of the world's best female MMA fighters promote crypto.
Now, these public figures are certainly no world-class celebrities. But, always, this is how it starts.
This week, we've seen two NFL players, 2015's Miss Finland, and one of the world's best female MMA fighters promote crypto.
4/ 🗣️ You'll get notable figures - who, despite having next to no knowledge on the matter - be asked to share their thoughts on blockchain and/or bitcoin (which, let's be real, are still virtually synonymous to laypeople).
Case in point, earlier in May:
Case in point, earlier in May:
5/ 🖖 Also, you'll see more informed famous persons get behind the crypto space.
One example came last week, when original Star Trek actor William Shatner revealed he'd teamed up with Mattereum to blockchain-ize his Capt. James Kirk action figure.
One example came last week, when original Star Trek actor William Shatner revealed he'd teamed up with Mattereum to blockchain-ize his Capt. James Kirk action figure.
6/ 🚀 It's worth being mindful of the likes of Elon Musk, who, for many months, has sporadically shed light on the crypto space.
7/ 🐦 Indeed, it'd be remiss of me to omit Twitter and Square CEO Jack Dorsey, who's vouched for bitcoin for many years.
In 2019, he's notably become more public vis-a-vis his allegiance to bitcoin and the crypto space.
In 2019, he's notably become more public vis-a-vis his allegiance to bitcoin and the crypto space.
8/ 🧠 These endorsements seep into the public consciousness; prompting an influx of new money to enter the crypto market. This accelerates price run-ups until seasoned crypto investors realize what's happening and take profits. Don't be left standing when the music stops.
9/ 📺 Oh, and I almost forgot, starting tomorrow, televisions all across the U.S. will be reminded of bitcoin's existence as Grayscale ramps up its mass-marketing #DropGold ad campaign.
10/ ⏲️ And just to throw in a rumor for good measure: 60 Minutes might air a segment on Bitcoin this weekend, per Barry Silbert, who said "they interviewed three well known (and informed) individuals in the bitcoin space."
Don't get greedy.
{fin}
Don't get greedy.
{fin}
Well, hours later, and it does indeed seem 60 Minutes will air a segment based on bitcoin!
In it, @AndersonCooper will interview the likes of @CharlieShrem, @LaszloHanyecz, @Marco_Streng, @Neha, and the Fed’s Lael Brainard. cbsnews.com/amp/news/meet-…
In it, @AndersonCooper will interview the likes of @CharlieShrem, @LaszloHanyecz, @Marco_Streng, @Neha, and the Fed’s Lael Brainard. cbsnews.com/amp/news/meet-…
