Does Social Media Influence bitcoin growth? - page 7.

lamadu3

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Quote from: Destroyeroff98 on February 07, 2018, 05:32:44 AM

Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Social media has a very strong impact on the prices of crypto currency. Because this is a powerful method of advertising.
Some social networks now prohibit advertising ICO and cryptocurrency, for example Facebook.

Sure, social media affect Bitcoin more than anything else. The information that we get impacts our minds, and we can even change out attitude to Bitcoin, hurry up to sell our cryptocurrency or buy it.

Shiversnow

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Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Yes, social media is a big influence to bitcoin growth because they advertise the bitcoin to people. The social media introduce to people about in bitcoin and the benefits given by bitcoin. Social media is big influence to promoting bitcoin in the whole world and become popular.

bitcointarget

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The social media is an important player and the influencer of our daily lives now, not only for bitcoin, also for other stuff as well. They can address the society in any direction they want. They can make positive or negative propaganda about a specific thing on social media.

ChiBitCTy

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Social media plays a massive role in EVERYTHING we do today. Adreas calls Bitcoin the internet of money, which now show's we've come full circle in that everything these days the world is internet based. We talk to friends and family via social media more than ever. We meet new people, businesses, products etc..all via social media these days. Social media is how the world communicates now and the word of Bitcoin has been passed through social media like a freight train. It has and will continue to play a large role.

bicoin110

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yes. if you investigate social media and finicial search you can see a huge data and post about BTC and other coins

SparkSun

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Social Media influences Bitcoin and other cryptos.social media contribute a lot to bitcoin price growth because bitcoin was trending on both twitter and facebook for days.posted in social medias like Facebook and Twitter which almost every common man uses and this directly invokes interest

TomLynch

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Social media contribute a lot to bitcoin price growth because bitcoin was trending on twitter and facebook for day by day. Social media is transmission of communication.

thompson30

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Yes social media influences bitcoin because social media bitcoin growth grows rapidly and actually it is the reason why my friends meets bitcoin and because of social media I learned what bitcoin is

pxo.011

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yes it is , social media like facebook or twitter is really make a big hit with influence to introduce and advertise bitcoin

Englebabylove

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Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Yes, the media's influence on the bitcoin is very big, the past one month , the price of the bitcoin from $20000 to $8000 by now, the media has played a big role, because media media published the bad news about the bitcoin, it is bad for the bitcoin, these bad news cause people to panic selling their COINS

etron

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nowadays on social media networks many advertise about bitcoin, and many provide benefits for people who are handing out free bitcoin, so many people are hunting for bitcoin there.

fritzbird

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Yes I believe social media does influence bitcoin's growth throughout the years.
Everybody is turning into social media for advertisements and some include this platform
as a part of the strategy for success. It's a huge market now ever since social media
erupted globally. It's not just bitcoins, almost every form of business, products and
investments are now attached to some type of social media. It's fast, trendy and it's
very accessible.

reyzel27

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Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Of course yes, because of social media the bitcoin is growth,social media is one of the major platform that is use by many people to communicate and advertise things has influenced Bitcoin growth since everyone is taking about it and many people are gaining interest and investing in it.

spiritguardcharles

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It's definitely a yes since social media is also one of the factor that affect the growth of bitcoin as well as on it's price.How? Social media can also be consider as way for communication in which information were given on some newssites,facebook and other media platforms.It can also bring big changes when it comes to the value of bitcoin depends on the information whether it's a good news or headlines which is against bitcoin.By bringing negative information about bitcoin,it might cause panic and disruption among bitcoin users who mainly used such media platform as a primary source of information

joshua05

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Rookie Website developer

Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Yes. Because the more internet or social media gets wider the more people who has been using it, the more bitcoin will be useful. Every single detail that has been widely spread by the social media that tackles about bitcoin, is a thing that can be use to people who are willing to invest! and that's a hawk eye!

Ahimoth

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Quote from: vanhoa on February 10, 2018, 06:05:30 AM

Of course, this is an important part of the bitcoin price increase or decrease.

Yes, very much. Social media has a influence in making anything popular. And so with bitcoin. There are millions of social media users right now. Especially the millenials. But even older audience can be influenced. And many of these users are always active in social media. Even those ordinary users that just do regular browsing can be reached by the influence through social media.

vanhoa

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Of course, this is an important part of the bitcoin price increase or decrease.

yummydex

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Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

YES! its known now a days because of the testimonies of the people who gain something from bitcoin and many people already have said that they were able to purchase things using bitcoin.

richelle87

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Yup, social media is one of the easiest medium now to share information. However, there are also times that the contents on the social media about bitcoin is way off than the actual happenings on the market. And also through social media they can manipulate the price volatility of bitcoin.

Beparanf

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Burpaaa

Quote from: crwth on February 09, 2018, 07:08:33 PM

Quote from: Cinemo on February 09, 2018, 07:01:31 PM

Quote from: Bit4UTeam on December 13, 2017, 05:52:53 AM

Does Social Media Influence bitcoin growth?

Yes social media has big capacity to influence bitcoin. It can push it up or push it down at the same way. We all know that many people are user of facebook, from there also we see that one negative positive or news spread so fast.So if bitcoin is endorse to social media, it can be more kown to others.

I agree that people in the cryptocurrency page could use social media as a source of investors and make them invest in the right things especially when it has been the age of technology now. Almost everyone knows what Facebook is and it easily can be used to spread news, even fake news. It is still up to the person to believe and do their own research about it.

It is indeed helpful on making advertisements and spread ideas though sometimes due this social media ruins everything too, there were times that they just use it to spread FUDs and makes crypto dump.

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