Is Bitcoin surge driven by paid-publicity (similar to US election story)?

Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by dmschulman on Friday December 08, 2017 @10:24AM (#15879251)

Why pay for the marketing when every major news outlet in the country will continually cover the story as the price continues to rise wildly and as major financial institutions get invested?

I run multiple browser plugins to block ads on my browser, but has anyone actually seen Facebook, et al ads for cryptocurrency?

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by geofft on Friday December 08, 2017 @10:45AM (#15879449)

> Why pay for the marketing when every major news outlet in the country will continually cover the story

Marketing includes convincing news outlets to actually run that story as opposed to other stories: http://www.paulgraham.com/submarine.html

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by grey-area on Friday December 08, 2017 @10:26AM (#15879274)

I run multiple browser plugins to block ads on my browser, but has anyone actually seen Facebook, et al ads for cryptocurrency?

Twitter is full of ads for ICOs at the moment (probably only if you are in the subset of users who are targeted).

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by cdurth on Friday December 08, 2017 @10:51AM (#15879493)

Not specifically for a coin, but i saw a FB ad yesterday for a magical cryptocurrency script that would make you millions off a small investment. I had a good laugh

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by anudeep2011 on Friday December 08, 2017 @10:41AM (#15879413)

news outlets cover news about bitcoins but not stuff like 'Secret revealed: see how this couple made million dollars in 3 weeks' sort of articles.

+ also to get the initial seed interest so that these news outlets keep talking about it.

I have seen A LOT of ads from ICO and bitcoin exchanges. For articles like above, myself (and most people here) might not be the target.

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by jerkstate on Friday December 08, 2017 @10:51AM (#15879503)

Yeah, I get tons of ads for shitcoins, but I spend a lot of time on cryptocurrency sites.

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Re:Is Bitcoin surge driven by paid-publicity (similar to US ... by weavie on Friday December 08, 2017 @10:42AM (#15879421)

I saw some ads for some cryptocurrencies on the London underground a few months ago. I think it was for some exchange, but can't be certain.

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