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Topic: Does Social Media Influence bitcoin growth? - page 36. (Read 5180 times)

jr. member
Activity: 112
Merit: 2
Correct me if I'm wrong, but I think Bitcoin started to really appear everywhere in social media about a month ago. And what did we get? 20k dollars per btc. Social media are where all the hype comes from.
newbie
Activity: 189
Merit: 0
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.
full member
Activity: 230
Merit: 108
Absolutely YES ! because social media can advertise bitcoin and many people can see and know what is bitcoin, It is a big influence in the growth of bitcoin.
sr. member
Activity: 910
Merit: 252
Yes social media is taking much part in bitcoin growth even person like me got influenced from social media regarding bitcoin and crypto currency even while introducing each new coin they required support of social media influencers.
member
Activity: 317
Merit: 11
Yes, it does. More frequently people in social media talking about bitcoin, more people who dont know what bitcoin is, will become curius about what bitcoin is
member
Activity: 448
Merit: 10
Social Media rumors in social media is main reason for fake dumps mainly twitter play vital roles one tweet can pump 100btc over night for any coin
full member
Activity: 532
Merit: 170
Does Social Media Influence bitcoin growth?




very big. social media news one of the causes of the magnitude and popularity of bitcoin. nowadays digital technology is more widely embraced all over the world.
jr. member
Activity: 140
Merit: 1
Not only social media but also the whole online world makes influence bitcoin growth. Every online newspaper or blog gives at-least one post about bitcoin or cryptocurrency everyday. Some people get benefits as well by investing bitcoin. This is how bitcoin growths.
sr. member
Activity: 343
Merit: 250
Yes, I believe social media haste the growth of Bitcoin. Social media is part of our everyday life and I myself is a living proof. I got interested in Bitcoin because of social media. Facebook has groups and pages that tackle Bitcoin, You can watch videos regarding Bitcoin on Youtube, an Instagram and Twitter post regarding Bitcoin and so on and so forth.
sr. member
Activity: 331
Merit: 250
Does Social Media Influence bitcoin growth?



Yeah, social media influence bitcoin growth. It has a great impact for all people, it might be considered as a gateway for someine who are willing to earn and get some profit through simple materials needed like mobile phone or laptop, internet and manpower. By this combination you can now deal to and have access in bitcoin.  Some site must use Social media to get consumer in order for them to invest.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Apart from our bitcointalk forum lot of doubts about bitcoin is clarified through youtube, facebook in very clear so it is big yes that social media influence bitcoin growth in very fast phase. It is very health that the social media discussing about bitcoin and the advantages and how to handle it all details we get it in our fingertips which is the big advantage for bitcoin users.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
Does Social Media Influence bitcoin growth?



It definitely does. Once btc entered the world of social media, it's just a matter of time that people started buzzing about it that many became curious about it. Some started researching about and some just joined the bandwagon and entered the community blindly. Blinded by the words "money", "double your money", "profits" and "huge income." Although it is good that many people are reached and caused btc to skyrocket, there are some who took advantage of it negatively. They used btc to scam people (HYIPs, ponzi schemes, etc.) especially those who are new to cryptocurrencies and have no sense of doing their own due diligence. It's true that there are two kinds of people in this world, the ones who fools and the ones who can be fooled.
member
Activity: 168
Merit: 10
Does Social Media Influence bitcoin growth?



Yes Social media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users, leading to price dips. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price.
member
Activity: 266
Merit: 10
Social media really has big influence in bitcoin growth. Imagine with just the Facebook who has a billion users, information about it can spread very rapidly. What more if we combine it with youtube, twitter, etc. It has a very huge potential to grow fast.
member
Activity: 137
Merit: 10
In the era of communication social media keep a great influence for bitcoin growth and the important marketing and branding of bitcoin is mostly published by the social media as like as facebook, twitter etc.
member
Activity: 364
Merit: 10
Does Social Media Influence bitcoin growth?



yes social media is very influential for the rise in bitcoin prices, because they will spread through social media to attract new enthusiasts and surely new peinat will buy bitcoin in any way that, so that could trigger higher bitcoin price increase.
member
Activity: 451
Merit: 15
Investor
it does. it promotes the already infamous bitcoin more which greatly increases its value. and so with its fame comes an increase in its value. Social medias contributed so much on how bitcoin looks now and how it works.
full member
Activity: 840
Merit: 105
★Bitvest.io★ Play Plinko or Invest!
Yes, because it promotes bitcoin through widespread social media such as Facebook and other widely accessed Sites. the fame of bitcoin is also affected because with its current internet fame comes with a vast increase in its value.
full member
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
Yes, because cryptocurrency is promoted through Facebook, Twitter, and other Social Networking sites. it greatly affects the value of bitcoin because it is being widely promoted to every people as long as they have a social media account.
newbie
Activity: 26
Merit: 0
of course it does.
let us be aware that not all people coming in for bitcoin is a member of forums such as this or has a friend that is engaged with cryptocurrency.
that is why the most probable way for the of hearing or reading about bitcoin is through social media sites.
this is also the reason that it is very important for us to watch what we are posting in this sites so that we will be having a greater chance of convincing others to join us.
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