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Topic: Does Social Media Influence bitcoin growth? - page 71. (Read 5180 times)

full member
Activity: 770
Merit: 113
December 14, 2017, 07:28:35 PM
I think social media has is part for bitcoin influence. A lot of people read the updates from it.
of course. Thus there is a bounty of social media. It is one of the very effective promotional media. Moreover, almost everyone has social media, old-young, male and female.
member
Activity: 291
Merit: 12
December 14, 2017, 07:20:03 PM
Yes, it influences the growth of bitcoin. Information is easier accessed by many people who become interested and part of the crypto world.
full member
Activity: 182
Merit: 100
December 14, 2017, 06:50:29 PM
Bitcoin is the first most popular digital crypto-currency whose price is influenced by a wide range of factors. The 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. If bitcoin will promote in a good ways there is a possibility to help the price of the bitcoin increase, while if it is broadcast with negative comments it will affect the price and cause of exhaustion.
sr. member
Activity: 420
Merit: 250
December 14, 2017, 06:27:03 PM
From my side, there is a very big yess. Yes of course the social media is playing a very crucial and significant role in the growth of BTC, recently we all have seen trolls and memes on the social networking sites and the forest fire 🔥 news about BTC in the news channels and other modes of advertising materials. All these things prove to be the real helping hand for the BTC and yes definitely help in the growth of BTC because by these social media, more and more people are come to know about cryptocurrency and are showing their keen interests.

There are traders tweeting about bitcoin and other crypto actions. This is helping bitcoin to reach more and more people worldwide in a global scale of course. The influence is huge by the media and visual media.
Psi
legendary
Activity: 1022
Merit: 1000
[center][table][tr][td][url=https://trustdice.win/
December 14, 2017, 06:26:51 PM
Without a doubt.......look at sites like instagram or facebook where just one post to your friends can reach millions of people,re-tweets, shares can take that even higher. Curiosity will make some look it up and buy into it while others might not, but they hear about it.
legendary
Activity: 854
Merit: 1000
December 14, 2017, 06:25:32 PM
I think social media has is part for bitcoin influence. A lot of people read the updates from it.
member
Activity: 63
Merit: 10
December 14, 2017, 06:22:24 PM
Yes it can because in marketing,using social media is one of the most effective way of advertising or promoting a product.Nowadays,I can really see some ads about bitcoin and I think others too and it also persuades them to use bitcoin.
newbie
Activity: 14
Merit: 10
December 14, 2017, 06:19:38 PM
Yea it does, and largely. Crypto is in a stage where news and hype drive the prices more than fundamentals or updates... but thatll change eventually
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
December 14, 2017, 06:17:32 PM
Does Social Media Influence bitcoin growth?


Yes, social media does influence the growth of bitcoin. Social media are platforms on which information is being spread.  You can get to ,read so many articles about a particular topic.  If more people get to know of bitcoin through social media,  it means there is high chance of having more bitcoiners in the market.
member
Activity: 84
Merit: 10
XWIN CryptoBet ICO 01/01/18
December 14, 2017, 06:03:42 PM
Absolutely! Social media is a great tool for sharing information. More and more people are getting acquainted with Bitcoin via social networking. Bitcoin is advertised. As a result, people invest in it. 
member
Activity: 187
Merit: 18
December 14, 2017, 05:57:24 PM
For sure if they were not people talking about Bitcoin in Youtube , News etc... Most of us here would have never heard about Bitcoin. The other similar thing that's going on right now is people are talking more about ALT coins in Youtube channels which is helpful in lot of ways.
full member
Activity: 146
Merit: 100
December 14, 2017, 05:50:57 PM
From my side, there is a very big yess. Yes of course the social media is playing a very crucial and significant role in the growth of BTC, recently we all have seen trolls and memes on the social networking sites and the forest fire 🔥 news about BTC in the news channels and other modes of advertising materials. All these things prove to be the real helping hand for the BTC and yes definitely help in the growth of BTC because by these social media, more and more people are come to know about cryptocurrency and are showing their keen interests.
member
Activity: 111
Merit: 21
December 14, 2017, 01:01:03 PM
Of course, advertising & marketing are incredibly important towards any product or service in need of it. Bitcoin's meteroic rise definitely was helped early on with hundreds of millions of dollars worth of purchases on the darknet, then media outlets and social media platforms reported on that, and boom. here we are today
full member
Activity: 616
Merit: 105
December 14, 2017, 12:59:54 PM
well social media is also a big influence on bitcoin because social media can be made in the event of promotion or news news update
and other news as a place of wide information, because every day people must open social media
member
Activity: 140
Merit: 10
December 14, 2017, 11:22:46 AM
Social Media has always been a very good source of news. So, aside from the settled media sources, Social Media has a big impact on the overall popularity of Crypto.
member
Activity: 125
Merit: 10
December 14, 2017, 11:17:51 AM
Does Social Media Influence bitcoin growth?



You bet! Social Media overall changed the way we see people, the way we interact as individuals and as institutions. It's a very important news source. I think social media has a very high impact on it.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
December 14, 2017, 11:16:31 AM
Absolutely. Social media is now the most powerful force influencing thought in every aspect of life. Crypto isn't any different. You can see insane pumps and epic dumps based purely off one tweet that might either be completely fictional or seriously misinterpreted.

It's not a good situation for the well being of the entire human race.
full member
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
December 14, 2017, 11:15:04 AM
Yes, social media has a huge influence on the growth of bitcoin. We all know that the price increases together with the demand. Social media is the fastest, cheapest and largest way of connecting people. Most advertisers use social media since it is free. And it is the easiest way to gather potential site visitors.
full member
Activity: 350
Merit: 100
December 14, 2017, 10:56:45 AM
Does Social Media Influence bitcoin growth?



I guess yes, this is 2017 and social media is really one of the best intrument to spread a news or anything. Social media like facebook and twitter is really good to spread the information about bitcoin. Actually bitcoin is quite popular on social media, if you search it on twitter, there are many.
member
Activity: 364
Merit: 16
https://crowdsale.network
December 14, 2017, 10:53:53 AM
The Social Media post create awareness.  This helps spread the news about bitcoin, ICO and projects that are supported by cryptocurrency.
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