Topic: Does Social Media Influence bitcoin growth? - page 27. (Read 5226 times)

Social media has made it easy for information about bitcoin to reach almost every body in the world. The uses of twitter handle and Facebook for various digital currency campaign has influenced bitcoin growth a lot by creating awareness about its trading and transaction. Many investors today ware initially informed about bitcoin through the uses of social media.

It does, many people now are into social media that is why bitcoin is getting popular. Many people now are posting about bitcoin so there friends and followers will see it some will ask what is it because it catches their attention and they become interested.  And because of that it's like a grapevines which spread not only in one person but in many people which is good. So for me social media is one of the reason why bitcoin population are increasing day by day.

Yes very very big influence of big value to the bitcoin price today because of the social media not only social media there are so many reasons why bitcoin increases it's own price, well social media used by the people to promote btc in cryptoworld i guess.

Yes. Definitely. Aside from news updates in TV or radio, Social media have been very updated when it comes to news and everything. So it really have a great influence with people because almost all of us are using social media everyday.

Social media always promote and develop popularity of smth. With bitcoin popularity is the same. Before active promotion in social media how much people just heared about bitcoin? Not so much, only people which was close to IT or close to this people. Now from every TV news we can hear about bitcoin.

Yes of course, because bitcoin social media is becoming popular around the world and almost everyone is using it. I myself also recognize bitcoin and cryptocurrency from social media, until I arrived at this forum. so the role of social media is essential for bitcoin growth

Of course! I think that due to internet connection, bitcoin is definitely affected by social media both in advantage and disadvantage way. As far as we know that these day, with the development of technology, we have too many ways to  link with each other and one of the most convenience ways is social media such as blogs Facebook, Twitter, YouTube, Telegram… Actually, it’s so easy and convenient for most of us to exchange with each other. On a contrary, social media also bring us inconvenient such as bad criticism, wrong prediction… However, any way, social media brings to us much more benefit than disadvantage.

yes because of social media the bitcoin is growth the social media is the most helping site to growing bitcoin because of it people can advertise bitcoin so its great influence for bitcoin.

Difinitely yes, social media is the big impact on the growth of bitcoin it's the fastest and effective way to spread the good news and info. about bitcoin all around the world. social media is also a major key to attract more new people, investors and traders who want or willing to participate in bitcoin. that's why with help of social media bitcoin is very popular to us.

Yes of course, social media affects bitcoin growth, because now most people from every class use social media to get various information and convey information is no exception about bitcoin

Social media platform is actually an effective influencer to make bitcoin and alternative coin be known. In fact, bounty campaign includes social media platform to publicly announce a cerntain project. This campaign was being alloted with a large fund, tgus only indicates that it is an effective strategy to gain popularity and demand from the people.

Another is that majority of the people are in the social media, and most bitcoin holder came from the internet world. Personally, I come to kniw bitcoin through facebook and this made me start investing. Thus, social media platforms are really effective influencer for cryptosyatem growth.

Of course Social networks play a very positive role in disseminating information about bitcoin and contribute to the fact that interest in bitcoin is growing at an amazing rate. In social networks, there is an active exchange of information, people find out for themselves a number of issues of interest to themselves, there is a discussion bitcoin. In general, this has a very positive effect on the population of bitcoins.
social media influence bitcoin growth because the main reason why the mainstream society is not accepting crypto currency is because of lack of information . With social media of which every body is on at least one, posting about bitcoin is display people will read out of curiosity and will be informed and for that people's attitude towards it will change even if they do not use it. The era of technological development of information is very fast, especially with the Internet network, among others through social media, all people in today's world must know and use social media so very helpful development of its special cryptocurrency bitcoin and even social media may be one of the main support for growth of bitcoin.
Imagine, how many people are on social media nowadays. Even old people are striving to be part of the new trends. You see, back then, advertisments were only on papers, radios and televisions because people only used thosed things but now, time is different. We are full of social medias circling all around the internet. Which is why developers spend a while lot of money for social media advertising. If it cannot influence growth of any coin, no developer will waste time and money to get good advertising. Get my point? Specially on Bitcoin. If it gets advertised often enough, i think it will really start mass adoption.
If there is one thing that influenced bitcoins growth most and it is the social media. from kids to old generation almost everybody is using social media. so by reaching huge number of people, social media influenced a lot of people to attract to bitcoin and other crypto currencies

Not only bitcoin's growth but as well as other altcoins growth. Remember on the coin of the day with McAfee? Look after tweeting about a coin, it's skyrocketing after mentioning it there. And the same thing with bitcoin and even until now social media is contributing powerful share to the growth of bitcoin and no doubt why it's price is moving quickly when there are news about investors, except the FUDs.

Yes social media influences the price of bitcoin. Most times what causes panic is fake news on social media. When this happens, people rush to sell their bitcoin so as to get their money before bitcoin falls. Also social media can also make bitcoin price rise by positive publications

I also think that social media is playing a very important role in the development of bitcoin. in fact people are getting knowledge about social media, specially through facebook and twitter. We can even see that advertisement of bitcoin on different TV channel and that is the reason that now bitcoin is becoming more popular from time to time. Hope that very soon bitcoin will become as more popular throughout the world.

I agree with you mate, because of social media crypto currency was spreading in the world of new era which is through internet bitcoin will be more popular such as facebook, Twitter and many more. Through Bounty campaign and socia media campaign is one of the evidence that bitcoin is exist since 2009 till now.

Definitely true. If there is one thing that influenced bitcoins growth most and it is the social media. from kids to old generation almost everybody is using social media. so by reaching huge number of people, social media influenced a lot of people to attract to bitcoin and other crypto currencies.

Yes of course. As we all know, social networking sites get their profit from advertisement, since these sites are making so much profit, it means advertisements are successful and its way of providing ads. Because many people are using it nowadays, it is evident that btc will be popular.

Yes,social media has. A great impact when it comes to popularity.It helps a lot for the growth of the Bitcoin.Because of media some people who don't know what it is may become curious  that's why they tend to research what Bitcoin really is.Sometimes people rely news coming from the media even if it is negative or positive.

In my opinion, social media have a great impact on Bitcoin growth and popularity. Many young people use social media every day so that is why it is a great place to advertise Bitcoin. However, we would have to try to think of a good ad which would encourage young people to invest in Bitcoin. Talking only about profits isn't a good idea because there is always a small chance that Bitcoin will crash.