NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

Poland Pays Stars to Produce a Cryptocurrency Crash Video

NewsBTC
NewsBTC
7 years ago
3 mins read
btccrash

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

With cryptocurrency being all the rage these days, more and more authorities are looking for ways to warn consumers of the potential risks associated with investing in and trading these digital coins. However, in what may be the most creative way that an authority has attempted to warn consumers of the dangers associated with cryptocurrencies, Poland recently paid a YouTube star to create a video surrounding the idea of a cryptocurrency crash.

Poland Pays a Star for Cryptocurrency Crash Video

As mentioned above, the news is breaking that authorities in Poland have paid a YouTube star to create and publish a video surrounding the concept of a crash in the cryptocurrency market. According to various reports, the National Bank of Poland, or NBP, which just so happens to be the central bank of Poland, paid 91,221.99 Polish zloty to have the film produced. That works out to about $26,764.

The payment mentioned above was paid to Gamellon, a YouTube partner network known for its videos by well-known bloggers. Gamellon then hired Marcin Dubiel, a YouTube video creator that has around a million subscribers on his channel. From there, Dubiel published the “Stracilem Wszystkie Pieniadze?!” video. The title of this video translated into English means, “I lost all my money”, a title that’s definitely grabbing some attention. In fact, at the time of writing this article, the video had a total of 534,090 views, a number that is growing quickly.

Why Would Poland Pay for This Video?

It’s understandable that the central bank in Poland made the decision to pay to have this video created. At the end of the day, cryptocurrency is a very new asset. As a result, it is largely unregulated, and a very speculative market. This can lead to wide swings in value. Due to these wide swings in value and limited history, technical analysis is overwhelmingly difficult. In fact, even seasoned traders have difficulty finding the solid entry or exit points in the cryptocurrency market.

Considering this, it’s not as easy to turn a profit in the cryptocurrency space as many newcomers are led to believe. Unfortunately, it’s also difficult to create a warning that will appeal to the masses. However, getting a celebrity to back your concepts, well, that’s worked time and time again. So, it makes sense that the National Bank of Poland would go this route. In a statement with regard to the matter, Stavros Lambouris, CEO at HYCM Europe, had the following to offer:

“While cryptocurrency is becoming validated as a valuable asset, the intrinsic value of any cryptocurrency is nearly impossible to determine in the present state of the market. Considering this, cryptocurrency trades and investments are highly speculative and should be treated as such. Even Ethereum’s founder, Vitalik Buterin has pointed to the fact that cryptocurrency values could fall dramatically. It only makes sense that regulatory authorities around the world will work to get this message to those that are involved in the trading of these assets.”

Final Thoughts

As cryptocurrency becomes more and more popular around the world, the market may start to settle and true values may start to emerge. However, as many experts have said already, today’s cryptocurrency market is a highly speculative one and could generate losses for any trader, especially the novice. With that said, it would be no surprise to see more authorities from around the world looking for new and creative ways to warn potential cryptocurrency traders of the risks associated with the action. Who will be the next celebrity endorsement? Your guess is as good as mine, but I wouldn’t be surprised to see another coming down the line!

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Unraveling The Bitcoin Boom: Experts Decode Record $123,000 Surge

In a major display of bullish momentum, the market’s leading cryptocurrency, Bitcoin (BTC), surged to a new record high on...

Ronaldo Marquez 14 hours ago
Coinbase

Coinbase: A Surprising Champion Of The Trump Trade, Eyes New Stock Records

Coinbase (COIN) is experiencing significant momentum, with its stock poised to reach a record closing high as the cryptocurrency sector...

Ronaldo Marquez 18 hours ago
Spot Volume Drop on Binance Preceded Bitcoin’s Price Surge, Data Shows

Spot Volume Drop on Binance Preceded Bitcoin’s Price Surge, Data Shows

Bitcoin surged to a new all-time high above $123,000 earlier today after crossing the $120,000 threshold late Sunday night. The...

Samuel Edyme 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

On-Chain Data Shows Key Bitcoin Support & Resistance Levels—Here’s What To Expect

On-Chain Data Shows Key Bitcoin Support & Resistance Levels—Here’s What To Expect

Samuel Edyme 2 hours ago
Crypto

‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

Ronaldo Marquez 9 hours ago
SpacePay (SPY) Token Presale

SpacePay (SPY) Token Presale: Could This Be the Key to Real-World Crypto Payment Adoption?

ericdunne519 12 hours ago

Premium Sponsors

Press Releases

  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    8 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    14 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    14 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    14 hours ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    14 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.