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Topic: Does Social Media Influence bitcoin growth? - page 54. (Read 5218 times)

copper member
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POINTPAY
December 26, 2017, 11:34:14 PM
yes, I think up to some extent social media influence the bitcoin growth because a lot of people come to know about bitcoin through a very active community of social media.
full member
Activity: 1232
Merit: 186
December 26, 2017, 11:30:16 PM
Definitely YES! Social media sites like Facebook and Twitter serve as a powerful tool for spreading awareness not only on bitcoin but on cryptocurrency as a whole. I've already read lots of bitcoin related post coming from different groups in FB, from the latest news about bitcoin's price up to the tutorials on how to earn btc. Sometimes, I also see some advertisements of new ICOs there and read some "rags to riches" testimonies coming from people who used bitcoin.

It's good to know that through these social media sites, cryptocurrency become more popular and influential. Smiley
member
Activity: 84
Merit: 10
December 26, 2017, 11:29:01 PM
Social has big help to promote bitcoin. Almost majority of the people in the world are in social media, so once bitcoin was advertise there, many people will attracted and to know more about bitcoin. So it's really a major factor to promote bitcoin in social media.
full member
Activity: 331
Merit: 100
December 26, 2017, 11:25:02 PM
Of Course social media influence bitcoin , the number of active users in Facebook and Twitter is huge. if they hear about bitcoin and see its price chart over the years they will be so hyped about it and a lot of them will invest raising the bitcoin value.
yes you are right, social media bridging between bitcoin users and social media also give a positive, effect among them the increasing bitcoin users will cause bitcoin prices to be higher.
newbie
Activity: 45
Merit: 0
December 26, 2017, 11:24:43 PM
Social media take the important role in growing bitcoin. The campaign so effective spread with the social media like facebook and twitter.
Social media connected people around the world. Bitcoin can't be grow so fast without the social media.
Thanks God we have social media!  Cheesy
newbie
Activity: 28
Merit: 0
December 26, 2017, 11:21:46 PM
Bitcoin has become a global phenomenon,its exponential rise can be track on several more social media platforms. Such as Facebook, Twitter, Telegram, Bitcointalk.org and Reddit discuss cryptocurrency frequently.  announcements of new coins, analysis and discussions take place on these online forums and this has tremendously affected Bitcoin positively 

Bitcoin businesses and news outlets, to name a few, run their organizations with Slack and Telegram.
sr. member
Activity: 560
Merit: 250
December 26, 2017, 11:12:07 PM
It's the best medium to spread anything quickly and effectively. People almost depends their everyday lives on the internet and it so easy for bitcoin to reach them because of that.

That's true, social media is very influential for the development of Bitcoin at the moment because everyone is using social media. Wink
newbie
Activity: 6
Merit: 0
December 26, 2017, 10:39:29 PM
It definitely does. All of these millennial generation creating a hype about it and makes is draw more attention than it could.
member
Activity: 246
Merit: 13
December 26, 2017, 10:39:07 PM
Yes! Social media affects the popularity of the bitcoin that increase it demand then increase its value. Social media helos to promote the bitcoin to the netizen and to the social world. It is also the reason why the bitcoin is gaining a lot of investors. It is also the reason why there are a lot of satoshi miner in the web.
full member
Activity: 350
Merit: 100
December 26, 2017, 10:35:41 PM
Yes, Social media has a big impact with bitcoin growth like spreading good news around the world, The people who reads on it will surely established curiosity because of money matters behind,   Wink
full member
Activity: 476
Merit: 100
December 26, 2017, 10:08:20 PM
It's the best medium to spread anything quickly and effectively. People almost depends their everyday lives on the internet and it so easy for bitcoin to reach them because of that.
newbie
Activity: 3
Merit: 0
December 26, 2017, 10:05:39 PM
Ofcourse it does! I remember couple of buddies learned about bitcoin was thru social media. U can also get annoying disencouragement from people thru social media at the same time. I learned about it thru curiousity tho.
newbie
Activity: 67
Merit: 0
December 26, 2017, 09:48:16 PM
I'm sure, some people use social media to buy shares, social media is a practical and fast way to transmit advertising, and this will certainly benefit the betoken users, which will affect requests and offers.  Smiley
full member
Activity: 381
Merit: 101
December 26, 2017, 09:42:31 PM
i would say yes because this social media has a very big fan in the world. using media social make peoples know what is bitcoin.atleast they know bitcoin exist and some will like to explore about it..
member
Activity: 266
Merit: 17
December 26, 2017, 09:41:18 PM
Yes, If you want to spread a news about bitcoin and other crypto currencies social media is a good way to let the people know about the existence of this coins. If the people know that they can earn on this crypto the interest of every person will absolutely trigger them to search on how it is work or how can they benefit on it.
member
Activity: 266
Merit: 12
December 26, 2017, 09:36:41 PM
Does Social Media Influence bitcoin growth?


80% of the growth of Bitcoin is because of social media. Social media has a great influence in Bitcoin's popularity and progress. Most of the people knew about Bitcoin because of the influence and impact of facebook, instagram, twitter and other platforms.
newbie
Activity: 6
Merit: 0
December 26, 2017, 09:25:23 PM
Of Course social media influence bitcoin , the number of active users in Facebook and Twitter is huge. if they hear about bitcoin and see its price chart over the years they will be so hyped about it and a lot of them will invest raising the bitcoin value.
full member
Activity: 210
Merit: 100
December 26, 2017, 04:15:37 PM
Of course it does.
And i believe that social media is one of the biggest factor why bitcoin nowadays has become so popular.
People who are not engaged with bitcoin yet xan only become curious about bitcoin whenever theysaw it on social medias and will just research further on after this.
Yur
full member
Activity: 196
Merit: 102
December 26, 2017, 04:08:07 PM
Bitcoin is electronic money, it grows thanks to the number of people using it. Communication causes many people to know bitcoin and use bitcoin. So communication is very important in the growth of bitcoin.
sr. member
Activity: 630
Merit: 251
December 26, 2017, 03:47:23 PM
A lot of people nowadays will not live without social media. People are gaining knowledge about Bitcoin through social media. Advertisements, news, and information about Bitcoin are widespread in social media. So, the answer to your question is yes, social media is one of the contributors to the growth of Bitcoin.
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