Topic: Does Social Media Influence bitcoin growth? - page 37. (Read 5220 times)

I think social media is very influential cause, from social media community can know the existence of Bitcoin. Suppose they see a link that is shared via Facebook or Twitter from their friends who are there social media. Once they know, those who want to know definitely look for what and how the status or links are spread through Twitter and Facebook that they see. Certainly they ask and how, from which the public can find out Bitcoin and Bitcoin increasingly known to the public and already many people who enter into the forum or crypto market in Bitcoin who initially only see and read from social media.

We are passing in the age when maximum people are using some gadgets with internet because of advancement of telecommunication and electronics.  Because majority of the population is having easy approach to this facility and using this so they are interconnected with each other and communicating different issues with each other.  These issues are religious; social; educational; economic and many more.

So we see that people are sharing their knowledge with each other and people are reacting to their posts and comments with their knowledge; beliefs; and views.  When some leaned person having knowledge on certain issue posts some comments or shares some knowledge on the social media and his friends and followers interested in that particular field read those posts ; then the readers of the posts gain new knowledge which he was not having or was having very little knowledge about that particular subject.  So it influences the reader.  The influence may be negative and possitive too.  If the person is praising certain subject it will add to the publicity of that subject, commodity, issue or instrument and it will be a positive gaining news for that business but on the contrary if the person positing certain negative views / news about that particular business may be causing losses to the subject (business) against which the person commented in his post.

In the same way many people are commenting over bitcoin and if the person has positive news/views about bitcoin will positively comment / post about it and it will influence the readers in positive way but on the contrary if some person is having negative views then his comments will be negative and his comments may influence in a negative way to the readers.

I think social media influence on society is very large, through its propaganda, can let more people know the currency, so there will be more people to participate in the COINS inside to such currency will be more and more people know Then the investment, this to the currency fazhan

Yes, social media has a big impact on the price of bitcoin especially when looked at the global scheme. Every news about bitcoin whether good or bad that is reported in social media can change bitcoin's growth.

That's right any news that will b provided inside social media will affect bitcoin as they will be read by majority of peoples who
are working inside the net and even good or bad will affect it. social influence is already wide so bitcoin or crypto will not be exempted.

Social Media affects the Bitcoin growth because many campaigns that includes posting on social media, so that many friends will ask what is Bitcoin and the conversation start to share what is Bitcoin.

I think that for promotion is very influential and will probably help the growth of bitcoin, but if for the application of bitcoin in social media platform until now not yet exist.

must greatly affect the cause in social media usually there are various advertisements offered to someone to make an investment so that the existence of bitcoin in the future will be more known to the public in realizing a more secure life and able to meet daily needs and reduce unemployment.

I think in the last months this has becoome the case yes.
People reading about other peoples gains , makes them think they can easily do it to.

Yes this is one of key factors that influence in order people to know what is pro and cons of cryptocurrency.

Social media is part of the media, so of course. When Bitcoin is in the news then it's going to trend.

Yes, the more people know about Bitcoin the more will Bitcoin grow. Because it is gaining popularity. People like great things and Bitcoin is one of them.

Social media has a great help in order for people to communicate worldwide.It can also influence people in many ways and this a big factor on bitcoins' growth.Social media is the best way to be able to influence people worldwide to use bitcoin since it is now the trend and almost all people are active in using social media and that's the propose of having the social media campaigns here in bitcoin.

Yes, it helps a lot in promoting the bitcoin. During October, November, and December last year everybody was talking about bitcoin on Facebook and Twitter. 

Social media is one of the most effective tools in providing information to the public, as well as information about bitcoin. Bitcoin grows large with social media, so it is certain that social media has a strong influence in the world of cryptocurency.

Absolutely yes !, The reason why there are a lot of people who are investing on ico's are the social media, This is the way we can create advertises freely and promote different  projects of the ico's. Cryptocurrency are always in the news and social medias are big help in order for those people to get interested on investing in bitcoins.

Social media is the most influence thing that has affect in bitcoin growth. Furthemore, because of social media many people and investors get attract in bitcoin and I think they already invest. Using of any kind of social media in bitcoin will really the get attention of people on online world.

Of course it does. That is why there are social media campaigns in the bounty campaigns of each ICO. This help promote their coin but people who don't know anything much about BTC will recognize it as BTC. So social media really helps influence the growth of bitcoin.

Yes i think it has a lot of impact,sharing about what crypto is in social media will make some people understand to what it is,in short the more investors to come the more value of btc we will have.

Social media have a really big effect on the society. Its influence to the people is no joke.  So I think that social media influence bitcoin growth. As people nowadays are engaging with social media activities, the news about bitcoin being posted online spread fast. The curiosity of the people grow. Many people know bitcoin first through social media.