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Topic: Does Social Media Influence bitcoin growth? - page 11. (Read 5218 times)

member
Activity: 98
Merit: 13
I agree that social media has positive effect in bitcoin. It can help us to to spread the information and knowledge about bitcoin. So many people have already become active in social networks.  I think bitcoin will rapidly grow.
full member
Activity: 574
Merit: 101
Yes social media can influence Bitcoin. Almpst every people in the world has a social media account. Last december when Bitcoin reaches 20k dollars, it became a trending in the social media results to curiosity of many people. I also saw a dank meme about Bitcoin on the other day.  Therefore social media is an influence to Bitcoin.
full member
Activity: 434
Merit: 100
Yes it is, social media is a big and powerful tool to disseminate information. You can advertise and promote the bitcoins on facebook, twitter, instragram and etc;
so you can increase the community who supports bitcoin which will contribute huge demands for a huge rise of price.
jr. member
Activity: 40
Merit: 2
Social media is the carrier of communication. Generally, people's psychology is easily influenced by social media. Therefore, social media is actually a very important channel of communication and the key to influencing the market.
full member
Activity: 322
Merit: 110
elysian.finance
Does Social Media Influence bitcoin growth?



Yes, it is,  social media truly influence the bitcoin growth. A higher demand flows maybe because of the spreading news in the internet about bitcoin 
full member
Activity: 392
Merit: 105
Does Social Media Influence bitcoin growth?


Maybe they can have some influence to the extent that they give false expectations to people that start to believe this "business" has the potential to make them rich overnight, which is generating as a result the large inflow of capital we have seen in recent days. However, I am not convinced that this massive inflow of capital really deserves to be called "growth", since the only thing that is sought is speculation and not the development of the technology involved in cryptocurrencies.
newbie
Activity: 126
Merit: 0
Yes social media is the influential growth of bitcoin that’s why  bitcoin is now popular all over the world its the social media also the reason why a lot of individuals interested to join this investiment of bitcoin is created to be easily for everything like easy earning easy profits easy to save for the the future
member
Activity: 308
Merit: 10
Social Media does influence bitcoin growth because often people are getting influenced by social media. When they are negatively influenced they start to sell and this makes bitcoin price drop
newbie
Activity: 224
Merit: 0
50 percent of the market is influenced by twitter tweets rest is bitcoin talk forum and reddit and facebook mostly social media is main influence
full member
Activity: 337
Merit: 100
Eloncoin.org - Mars, here we come!
Social media is one of the key why bitcoin is now popular. I guess this would not be popular with the help of facebook,twitter and and other social media site. But we should be thankful because there's a lot of individual that want to invest here in bitcoin or in altcoin. Start investing in bitcoin it has a potential to earn higher than you earn today.   
legendary
Activity: 1904
Merit: 1000
Of course social media gives a significant influence in the popularity of bitcoin. But that's not the only one. There are still some places that give a big influence, gambling place is one of them.
sr. member
Activity: 726
Merit: 251
Some people have experienced the influence of having millions of followers. When some of them promote coins or ICOs, many of their followers will buy them and many of the followers who do not invest in crypto will start investing. So do not underestimate the influencers. Cool
newbie
Activity: 3
Merit: 0
https://solume.io/ gives you the tools to research if and how social media influences coins.
member
Activity: 115
Merit: 15
In majority Government media and private media involved in nepotism and do not present  positive things front of nation but now a days social media is strong tool where freedom of expression you can support and explain well either in favor or against.Bitcoin influence by social media as well its popularity increased and people start to learn it.Social media support it continuously in this way soon will capture the popularity over the globe.
jr. member
Activity: 56
Merit: 8
certainly social media have a main role on BTC markets. and when BTC been 1000$ the medias work on BTC news and this action cuase raising more
newbie
Activity: 114
Merit: 0
of course they are the one who spread rumors about crypto and bitcoin specially..
jr. member
Activity: 210
Merit: 1
Yes, on a massive scale if I may add. Social Media has became a habitual essential
platform for people, business and organizations. We are all familiar with it's global
reach and audiences. I believe without the aid of social media, Bitcoin wouldn't
be this popular and valuable. People are even stuck and addicted to social media,
it's a part of their lives. It is the ultimate advertising platform and medium of the modern age.
sr. member
Activity: 406
Merit: 251
of course, can you imagine how many people are using social media like Facebook Twitter Instagram and others, of course there are many people who use social media, with the social media petrified to know something like crypto, surely many people will get interested and want knowing something has been promoted, and the more people who join and invest in it, of course it will have an impact on prices that will increase because of the large number of new users who join
newbie
Activity: 31
Merit: 0
Ya obviously, in today's world social media is great for digital marketing. many peoples promote and share information about bitcoin on social media, this is the one of the strong reason bitcoin is popular right now. social media growing interest about bitcoin to invest in it.
newbie
Activity: 179
Merit: 0
Definitely a lot of people even though they have heard about bitcoins have not payed any attention or made any effort in trying to find out what it is , social media  has played a very important role as through this medium millions of people have gained some knowledge as to what these cryptocurrencies are . almost everyone in the world is eighter a member or has access to one of these social media platforms and as such its an excellent avenue to market and dissipate information effectively.
Social media has definitely have a big part of an individuals decision for example someone scammed because his investment was taken and the company has suddenly closed then the tendency those who will start to invest in bitcoin or no knowledge about bitcoin at all will have a negative impact about it and would never try to invest.


Social media influence Bitcoin growth it's because many people now a days involved in social media. The more they used to it the more information they gather. Bitcoin will be discovered easily through social media help.
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