Hello Steemit Friends,
Last month I made a post on Bollywood celebrity taking about Bitcoin,and then there is John Cena Posting about Bitcoin on his Instagram account.I don't think I need to tell you "who John Cena Is?".So Yesterday he posted a image of bitcoins on his Instagram and it has created whole of a buzz.
Not sure what was his intend to post on Instagram as it was just a emotive pictures without captions or explanation, leaving it up to his strong fans to decide just as his other post.He has a follower of 7.4 million people and the post has reaches 52.6k likes followed by 504 comments as of now.In the past there were other celebrity like former heavyweight boxer Mike Tyson who promoted Bitcoin.
Can we assume that John Cena is into Bitcoin and have some investement in it?
I would assume that the answer would be a resounding and big YES! I would not be wondering if this famous man is also into cryptocurrency as Bitcoin is now always on the limelight from the mainstream media and there are now some celebrities who are happy holders of many coins. This free publicity can indeed be of big help to boost further the popularity of Bitcoin. I might also be wrong here as there are every chance of it might be a paid promotion but thing is "who cares", as it is bringing attention to 7.4 million people as per his instagram follower. Whether we recognize it or not, celebrities have the power to get the attention of the masses and that is where their appeal is.There a even a lot of discussion on it on Reddit.
Can we expect a bubble wresting Bitcoin to moon?
As you are aware that Bitcoin reached a new all time high, not sure if this another reason.But every chance we can expect Bitcoin to increase further. Of course, this is all highly speculative, and coincidental and there is not a big enough caveat we can throw out here to say that correlation doesn’t equal causation. But for sure Cena could have made a small dent in an easily manipulated market .
The bitcoin price is on steroids, and just like Tim Draper said, by end of this year, it will hit $20K!
Not sure if it will reach $20K this year but certainly it will be happening in coming years.
I think John Cena just wanted to say "you can't see Bitcoin value"
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What is your take on celebrities promoting Bitcoin?
Do you think such promotions can take Bitcoin to moon?