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Topic: Does Social Media Influence bitcoin growth? - page 17. (Read 5226 times)

sr. member
Activity: 779
Merit: 255
social media helps create and spread awareness about bitcoin and the cryptospace.

if someone's interest is piqued by cryptocurrency information trending in social media, then that'll influence that person to learn more about the cryptocurrency ecosystem. if they're convinced that the technology is good and are driven to invest in the crypto, then they add to those who want a fraction or more of bitcoin, hence growth.
member
Activity: 205
Merit: 10
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Yes indeed.Most people get to know about bitcoin through social media trends.Analysis  of social media is a key factor in trading.l After seen this trends even people who are not involved tend to get involve in crypto currencies.Then they ask someone what is the best coin to buy.Anyone would surely say that bitcoin is the best.So consequently the amount of bitcoin on the market get reduced. Anyone wouldn't release bitcoin.They would hold it for future.So it is obvious why social media influence bitcoin growth.
jr. member
Activity: 312
Merit: 1
Of course, social media can give a huge imact on anything. You can see yesterday Facebook banded advertising cryptocurrency related things such as ICO's. Price of all coins were fell down drastically within a few hours. That's because of Facebook's action against the cryptocurrency. That's my opinion.
member
Activity: 276
Merit: 11
Social media is very influential in the development of bitcoin. For example facebook, with public fb will receive various news or sites. Not a few days people already know facebook. So soon will bitcoin grow and I hope with bitcoin social media will always be successful.
newbie
Activity: 35
Merit: 0
Does Social Media Influence bitcoin growth?



For sure, haven't you checked the services section full of campaigns merely based on social post and re posts ?
member
Activity: 70
Merit: 10
Does Social Media Influence bitcoin growth?



of course, social media is a big factor in bitcoin growth.Social media is a way to get to know the whole world.Any post from social media can affect the price of bitcoin and its help people understand about bitcoin.All of us are now relying to social media like facejook, every time we do something we post it. So i can say that social media has big impact in our daily lives.
full member
Activity: 481
Merit: 100
The popularity that social media sites offered bitcoin in the past few months has been a great contributor to the rise of bitcoin's value last December, We can say that it positively affects the cryptocurrency industry because it gives popularity to the product itself, therefore drawing in people that are interested in investing on bitcoins
newbie
Activity: 30
Merit: 0
Absolutely! Because of Social Media, bitcoin is now so popular around the world. Bitcoin will never be that famous without facebook, twitter, instagram or any social media platforms. People is using social media to earn bitcoin as well. In my case, I will never know about bitcoin if social media does not introduce it to me. So we should be very thankful that we Social Media to support bitcoin.
member
Activity: 336
Merit: 10
Does Social Media Influence bitcoin growth?



Indeed! Nowadays, different forms of media have been very influential to people. Media have this great impact on people's lives especially when it comes to advertising. Not just for advertising but also for sharing your thoughts and overwhelming experiences from something like bitcoin. This will definitely catch the people's eye and they'll get curious about it. Then that is the start of popularity of something like bitcoin.
full member
Activity: 294
Merit: 105
Yes! Social media is the biggest influence about everything. It will spread like virus when you put it in a social media like facebook. In the case of bitcoin, i saw an advertisement in fb regarding bitcoin before but didnt mind at all. But when most of myfb post somerhing about trading in bitcoin and show there income for a short time that when i start asking. I thought i was the only one in my fb friends are into bitcoin later do i know, some of my colleque are also in bitcoin like doing signature campaign amd trading. I saw their post in fb.
newbie
Activity: 191
Merit: 0
It depends to the people of how he/she see about bitcoin, if he see that his relatives and friends that they are losing money because bitcoin price is going down then there's a big chance that this man will noy invest to bitcoin and the bitcoin will still go down. On the other hand, if he see that advantages and profit of bitcoin and how bitcoin changes other people then that man will have an interest of investing to bitcoin and the price may go up until he sees his profit.
newbie
Activity: 55
Merit: 0
Yes, because with the social media people know for the development of the news is now good for crypto money and any other news. With the existence of bitcoin curious and curious people.
jr. member
Activity: 84
Merit: 5
Does Social Media Influence bitcoin growth?


Social media networks play a vital role in the development and operation of bitcoin as well as a way for their users to communicate.The trading market in the cryptocurrency can fluctuate up and down depending on the character of the news being spread on social media.Information sharing is a vital part of developing and running a cryptocurrency like Bitcoin.
This widespread popularity has helped to popularize a number of different cryptocurrency solutions. Obviously social media greatly Influence the growth of bitcoin.

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asu
legendary
Activity: 1302
Merit: 1136
Thats true because nowadays social media is very influential right now. If we have no time to watch a television because we are busy from work we use social media to become knwledgable in what happen in the world. Social media help bitcoin to grow that because many netizens are not informed about the benefits of bitcoin so nowadays they found bitcoin through social media
newbie
Activity: 30
Merit: 0
Absolutely. Through social media information about Bitcoin will spread and while it is being known by many they will continually learn and be knowledgeable about it and that it is for sure a way that Bitcoin growth is positive.

It could be negative or positive...
newbie
Activity: 31
Merit: 0
Sure thing it does, social media is the most powerful thing we have invented in the 21th century. Massive channels of advertisement and at very cheap prices, people's choice is what brings most profits to companies and persons nowadays, becoming viral is what bring bitcoin to the value it has right now, and being pumped in social media is indeed a way to achieve it. Remember pump's n dumps by McAffee. Twitter was what made these possible, and I can continue the entire day...
full member
Activity: 573
Merit: 105
My answer is yes. Social media is a big help for bitcoin to grow. All of bitcoin investment sites and ICO gains a lot of participants through social media platforms. ICOs also offers bounty for social media sites because they know that social media platforms will help them convince potential investors for their tokens. Bitcoin investment sites were also spread through social media nowadays special from platforms like facebook and twitter. They are also starting to offer or hire people for telegram bounties because telegram population is getting larger. Many investment sites' investors were from social media campaign. Investors find it easier for them to trade digital currencies when someone is posting from their wall. There maybe some sites posted to facebook and twitter that are just scam but there is also legit sites and really pays people from heir investment. They just have to find someone who already have an account from an investment site and prove that they are paying when this certain user really received payment from them. So in short, social media sites are really helpful for bitcoin and other digital currency.
full member
Activity: 178
Merit: 100
I get the first news of Bitcoin from social media. An article was written on about someting positve and some threat for global economy. Then my curisity increase to know about Bitcoin. I think Social Media influence a lot for Bitcoin growth.

I think social media will affect the bitcoin's ups and downs. The media as a media, it allows me to understand bitcoin from different sources, and promote the growth of bitcoin. On the other hand, because of the existence of the media, some national policies have been disseminated, causing panic about bitcoin.
sr. member
Activity: 463
Merit: 250
Definitely, Social media one of the best tools in digital marketing world. It helps us reach, encourage and influence a variety of people from different parts of the world. It has been our avenue to educate, inspire and share our Bitcoin stories that led to our community's growth.

Social Media is the needed tool for marketing, why do we not use it to help Bitcoin grow more, haha? I think it is very neccessary and important to help others know Bitcoin as soon as possible. Then, the Bitcoin value will be automatic increases by the new users.
member
Activity: 154
Merit: 12
Does Social Media Influence bitcoin growth?


Yes social media significantly impact the Growth of BTC. Because of the ascent of social media clients can be utilized for socialization about BTC. Social media is the most proficient place to give information including BTC definitely this can make BTC become greater.
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