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Topic: Does Social Media Influence bitcoin growth? (Read 5226 times)

full member
Activity: 336
Merit: 121
February 21, 2018, 04:27:07 AM
Social media has the biggest contribution in the bitcoin community. Social media can promote news about bitcoin like twitter, facebook, because it is very influential on the development of bitcoin prices, the more people who dabble there and invest, I'm sure. More and more people know that bitcoin growth as well as bitcoin growth due to social media.
Well, as mate mentioned that social media has a vital role in the growth of bitcoin like youtube, facebook, twitter etc.
Because people from the whole word are following social media so it is the best source now for advertising easily. And that is why every product is advertising on social media.
member
Activity: 154
Merit: 10
Social media has the biggest contribution in the bitcoin community. Social media can promote news about bitcoin like twitter, facebook, because it is very influential on the development of bitcoin prices, the more people who dabble there and invest, I'm sure. More and more people know that bitcoin growth as well as bitcoin growth due to social media.
newbie
Activity: 14
Merit: 0
In my opinion they helped btc to reach 20k but they also made it drop, because I think that lots of people have bought btc, and than after few days/weeks they have sold because they were in profit, and that wasn't good
member
Activity: 392
Merit: 10
Does Social Media Influence bitcoin growth?


Absolutely, by means of social medias the news spread tHe more people knew bitcoin more investors to come in different countries, social media has big contribution why bitcoin and other cryptos gets value.
newbie
Activity: 35
Merit: 0
Its a big yes! Social media is the big source of bitcoin growth where people now a day always spend time no their smartphones. With an advertise used to promote bitcoin, it will really attract the eyes of the people to get interest about bitcoin.
newbie
Activity: 14
Merit: 0
Yes because of social media the bitcoin is growth. Social media contribute a lot to bitcoin price growth because bitcoin was trending  twitter and facebook. It will affect bitcoin users, which impact on requests and offers. And by advertising you make more people invest in it.
jr. member
Activity: 117
Merit: 5
A lot of companies focus on public relations and advertising on social media. More and more people become interested in Bitcoin probably due to its increasing value. Personally, I'm fascinated by the idea of cryptocurrencies and that is why I spend a lot of time researching them. I saw a few Bitcoin advertisements on Instagram.
jr. member
Activity: 127
Merit: 3
Definitely for anything to trend you need the help of social media cause currently social media is the greatest means of advert every business needs social media including bitcoin. Especially when people know they can earn from a simple yet really complicated investment if only they play by the rules. social media promotes business alot.
jr. member
Activity: 308
Merit: 2
Social media nowadays has great power, every one is here, so it influences any part of the life, including bitcoin price.
newbie
Activity: 238
Merit: 0
Yes! Social media influences the price of Bitcoin.. Without the media so many holders of Bitcoin today wouldn't be aware of Bitcoin, and when a negative publication about Bitcoin goes viral the price always drops.
hero member
Activity: 896
Merit: 500
Social media is very influential in influencing human life to spread any information to the world easily and concisely, including on bitcoin, because the first time to know bitcoin is from a friend post on Facebook.
jr. member
Activity: 110
Merit: 1
Yes, social media greatly influences the development of bitcoin we can advertise bitcoin investment.
in today's many people use social media, it is very influential for bitcoin because most people in their world have facebook, twiter, and very fast.
This is a distinct advantage for bitcoin with social media.
newbie
Activity: 150
Merit: 0
Social media certainly greatly affects the growth of bitcoin. That's because with social media we can provide all forms of information, including about bitcoin. So that the growth of bitcoin can be seen from various social responses, either support or even reject it. Social media is where it shares information about bitcoin. I was first acquainted with bitcoin from social media.
jr. member
Activity: 266
Merit: 1
Does Social Media Affect bitcoin growth? This affects bitcoin growth, because social media can promote news about bitcoin like twitter, facebook, because it is very influential on the development of bitcoin prices, the more people who dabble there and invest, I'm sure. More and more people know that bitcoin growth as well as bitcoin growth due to social media.
jr. member
Activity: 132
Merit: 1
Of course, Social Media is a great platform to reach people from different walks of life. It is indeed a very effective marketing and advertising means of spreading the news about Bitcoin. I myself, first knew about it through social media.
newbie
Activity: 36
Merit: 0
as far as I know how fast spread the news is social media because it is very influential on the development of bitcoin prices, the more people dabble there and invest I am sure more and more people who know will bitcoin ..
full member
Activity: 364
Merit: 100
Does Social Media Influence bitcoin growth?



Yes it does, social media's today deal a lot in advertising and it is also the reason why cryptocurrencies are famous today. Most of the ico's are using social media's to promote their token and earn more investors for their own profit.
newbie
Activity: 229
Merit: 0
Does Social Media Influence bitcoin growth?


Today, social media plays an important role in advertising and marketing. It has a huge impact on bitcoin and cryptocurrency. Of course, any influence is positive and negative. We can see that the bounty campaign is a very important marketing phase in the ICO process.
newbie
Activity: 266
Merit: 0
Does Social Media Influence bitcoin growth?



Yes ob course, Because of Social media BITCOIN will become well known in almost the entire country through always posting everyday their advertisement in any different social media Site. Social media is the big helped to introduced bitcoin to all people in the world on whats the good benefits for individual when we use it. 
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
Does Social Media Influence bitcoin growth?


Yes i think it indeed help spread the news towards massive information dissemination. During the old times words or information spread through the community by the mouth. So their are even mistakes and it will not be so accurate and as such there will be more doubts. Now with social media you can put links directly from the website thus alloeing first hand information. So i think this helps the growth of bitcoin.
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