Does Social Media Influence bitcoin growth? - page 35.

cryptolerant

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Quote from: coinsclone on January 09, 2018, 05:41:23 AM

Yeah , Sure certainly, general & common peoples are using social media to share your business information to audience, social media is practically faster way to passing the information the bitcoin users, investors.

I also think so. Social media is one of the most influential tool to effect masses and we all know that it has been used heavily to market bitcoin and other cryptocurrencies.

HYIPPY

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Is all this growth a kind of PONZI scheme?

BerkerPRS

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Ofcourse it does!

JohnnyBrown

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"Highest ROI crypto infrastructure"

Yes, social media made a very big impact on bitcoin, just like here in our country every people who uses bitcoin has a post of bitcoin topics on their timeline and that is how other people knew what is bitcoin.

Kisanaq

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Of course yes, it must be acknowledged that the role of social media is massive and enormous for the development of cryptocurrency and many people talk about bitcoin in social media and the first thing I know about bitcoin from social media.

bennysax

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Social media is a catalyst that enhances the growth of bitcoin as it creates awareness to the public which eventually captures their interest to invest. Note that the more the participants, the higher and more valuable bitcoin becomes. So it influences bitcoin’s growth positively.

Spontebob

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Quote from: Bit4UTeam on December 13, 2017, 04:52:53 AM

Does Social Media Influence bitcoin growth?

Social media and bitcoin are both influencial. Collaborating both will surely help each other. Social media plays a vital role with the popularity of bitcoin right now. We all know that most of the trends in the world right now are produced in social media that's why when bitcoin started being shared throughout, massive newcomers are produced and it helped bitcoin a lot specially its value to grow.

teejaymuna

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Ya I think social media does reduce the growth of BTC by some margin. Imagine if there were more positive words from the social media at large. I'm very sure we'd have more people signed up to BTC than we do have now and that will in turn, make BTC value higher than what it is now.

Ajinomoto40

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Quote from: Bit4UTeam on December 13, 2017, 04:52:53 AM

Does Social Media Influence bitcoin growth?

I think it does increase the influence of bitcoin throughout the world since social media is being used by almost everyone in the world. We can also see that some campaigns involves social media because they know that anything can spread throughout the world in an instance through it. Although it increase the growth of influence, we should not still be careless on spreading knowledge about bitcoin.

jsmith85

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It definitely does. So may have know about bitcoin through social media because the topics discussed there create awareness on what is going on in the world. Some people depend on that.

giogio0504

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Yes, social media forms the society opinion, and social situation very often influences growth or decreasing of crypto currencies.

Cosbycoin

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Quote from: removebeforeflight on January 10, 2018, 03:41:28 AM

Yes, social media like twitter, facebook, instagram and other social media are making a mass help in driving bitcoin growth and awareness, the more people who know about bitcoin and cryptocurrency was due to these only. Hope social media would help further growth in future and help the crypto world into a higher dimensional than everyone expect.

In the present world of internet and technology, there can be no other tool which can be more powerful than that of social media. Social media is the most powerful too and that it is actually playing a vital role in making more number of people aware of bitcoin.

Social media is having a major role in the growth of bitcoin as most of the investors who are now investing in bitcoin are into it because of social media.

Ctn

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Quote from: Bit4UTeam on December 13, 2017, 04:52:53 AM

Does Social Media Influence bitcoin growth?

Looking at the nature of bitcoin I think yes that is major influencer of the bitcoin growth. Bitcoin is digital stuff which has no physical presence or it is not a bank where people can visit and checkout the different investment strategy or different locker rooms for themselves. It’s totally digital and the only way it can spread amongst the world is through social media and nothing else. Just imagine why big ICO projects take the support of social media? Because that’s the only and fastest way to promote their projects and attract new investors into it so that they can grow their community and earn the royalty thereof.

oaz7t

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Social media has played an important role in the growth of bitcoins
Its one reason for the rising price values of bitcoin
People get to know a lot of stuff on social media and get influenced and curious about it
Facebook, Twitter, Instagram have helped bitcoin become so big

FIFA worldcup

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Social media playing a biggest role in bitcoin. I my self saw bitcoin first time on Facebook i found them interesting thing to earn money, and then i visit YouTube to watch videos relate to bitcoins. There's many pages and group on Facebook they all are providing great info relate to crypto currency and bitcoin also involve them. Many investor use social media to promote there business and that what people can do to promote bitcoins.

removebeforeflight

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Yes, social media like twitter, facebook, instagram and other social media are making a mass help in driving bitcoin growth and awareness, the more people who know about bitcoin and cryptocurrency was due to these only. Hope social media would help further growth in future and help the crypto world into a higher dimensional than everyone expect.

Tatalk

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Quote from: Bit4UTeam on December 13, 2017, 04:52:53 AM

Does Social Media Influence bitcoin growth?

Obviously yes. Any kind of advertisement influence the growth and if the thing comes to the BTC, things are little bit different because BTC is the superstar of cryptocurrency and it is already that much popular that it does not need any introduction, but yes there are still millions of people that are completely unknown to BTC, social media and other kind of advertisement could prove to be the working hand in this case and even BTC is the the future and everyone should be known to it.

saycryptohello

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Public opinion, news, intrigues affect the price of bitcoin, but not as much as the price can be influenced by "whales", which owns most of Bitcoins. Whales can really move the market - down or up.

saffira

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Social media today is what makes the world. Bitcoin became popular through social media. I also able to get information about bitcoin through facebook. Due to its familiarity, many are willing to invest and as the demand goes up, the value tends to increase. It became more valuable and many companies started blockchain business.

Empiretoken

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Amidst the hype surrounding the cryptocurrency, it is difficult to recognize which factors participate in its growth and influence its value. Bitcoin's decentralised structure, based on the contribution of its users rather than a central authority, implies that the dynamics of its economy may be strongly driven by social factors, which are composed of interactions between the actors of the market

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