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Topic: Does Social Media Influence bitcoin growth? - page 77. (Read 5218 times)

copper member
Activity: 672
Merit: 270
December 13, 2017, 05:55:33 PM
#97
I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.
Social media are now the means of communication even we are too far to our relatives. Social media also the new trend of getting along with friends and family without distance hindrances provided we have internet service in our phone or laptop. So that's why social media I guess is now the major way of indorsing bitcoin to people.
full member
Activity: 461
Merit: 101
December 13, 2017, 05:49:53 PM
#96
The bitcoin growth is affected by the demand and entrance of new people which invest on it, and social media has one of the main contributions for it, it does influence the growth of it.
Yes social media is a big tool to promote bitcoin. Many people are now all engaged to social media so I guess the social media could be a big help to the promotion of bitcoin and also to attract many users and investors as well. And also I couldn't underestimate the power of social to the people today.
full member
Activity: 238
Merit: 108
December 13, 2017, 05:39:35 PM
#95
Yes social media has greatly affected bitcoin growth and popularity because people are now into technologies social media help them understand what is crypto currencies and how they appeal to be very useful to many individuals. The demand in bitcoin continue growing and I'm sure it will continue to be known globally with the help of social media
full member
Activity: 364
Merit: 100
December 13, 2017, 05:38:25 PM
#94
Does Social Media Influence bitcoin growth?


Yes, social media is the big factor why bitcoin grow like this. Social media has been the way in advertising bitcoin and a lot of people is now in social media that's why the dissemination of information about bitcoin is very easy.
full member
Activity: 812
Merit: 101
December 13, 2017, 05:36:08 PM
#93
yes, of course it affects btcoin, when social media gives positive image to bitcoin, then bitcoin price will be higher. please note that the bitcoin-sensitive thing is the social mediation and attitude of bitcoin users.
member
Activity: 280
Merit: 12
December 13, 2017, 05:30:13 PM
#92
Yes, it really is. Social media greatly influenced people to discover bitcoin especially in my country where social medias are the number one problem which lots of users. So it is very easy for us to learn about bitcoin since it is trending and posted everywhere. I can't deny this fact that when we see something on socia medias that involves money making we tend to get interest on it that's why now we can see a massive growth on bitcoin due to social medias involved.
full member
Activity: 133
Merit: 100
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December 13, 2017, 05:27:03 PM
#91
Today, social media reach a huge mass of people. For sure it helps to spread the word and grow the community of bitcoin.
member
Activity: 82
Merit: 10
December 13, 2017, 05:10:12 PM
#90
Yeah, social media does help in growth of bitcoin. Since promoting and advertising bitcoin through the use of social media is efficient and wise to further improve bitcoin. Whereas people was recruited to do bitcoin mining. That's how i am influenced by my friend by explaining and links on how to access bitcoin mining and here i am still a newbie but sharing my experience that social media is a help in growth of bitcoin
full member
Activity: 798
Merit: 103
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December 13, 2017, 04:50:31 PM
#89
Hello all! Please try to understand if people are not interesting in something that's means this is not interesting for 90%. If socials media make hype and high PR that means they are motivated and etc. Yes bitcoin are growth up better and faster with social networks media influence which are 90% of success
full member
Activity: 896
Merit: 108
December 13, 2017, 04:29:36 PM
#88
I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.
I agree with you. especially when current internet users, especially social media is very much. Thus, the advertisement about bitcoin or cryptocurrency in socmed is very effective. therefore bounty project also uses socmed, e.g. facebook and twitter.
member
Activity: 140
Merit: 15
December 13, 2017, 02:34:39 PM
#87
Social media is the best way to inform people about Bitcoin and increase the interest. I also think the increasing interest effects the price of Bitcoin.
sr. member
Activity: 574
Merit: 250
December 13, 2017, 02:34:22 PM
#86
I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.
legendary
Activity: 1344
Merit: 1251
December 13, 2017, 02:30:27 PM
#85
I think that indeed it helps the community to grow...

Many people are only taking information from traditionnal media, mostly TV. So it is good that such media talk about alternatives, even if their presentation is generally very vague...

It helps the community to grow.. Even if most people just make few trades and then sell bitcoin to get their dollars and forget about it.. It also means that bitcoin can no longer be simply ignored.

Great news, right?
hero member
Activity: 1078
Merit: 507
December 13, 2017, 02:23:52 PM
#84
Social Media has a high influence on new user compared to already the people who are already using Bitcoin. For example, if we talk about a news channel which circulates regular new about Bitcoin due to its rising price; it creates an impact over the people to try and invest in Bitcoin at least once. Everyone like to gamble their money in some way or other in small amount or big amount does't matter but at some point users are like I should try at least once. At this point social media gets successful creating an impact over people to use crypto currency.
sr. member
Activity: 560
Merit: 250
December 13, 2017, 02:14:22 PM
#83
The bitcoin growth is affected by the demand and entrance of new people which invest on it, and social media has one of the main contributions for it, it does influence the growth of it.
full member
Activity: 392
Merit: 100
December 13, 2017, 02:12:41 PM
#82
Yes, Social media is one of the most influential factors on the development of bitcoin today, it also affects the higher bitcoin prices, as more and more people are familiar with bitcoin as well as the increasing number of investors who choose to invest in bitcoin. For now social media is the easiest and fastest way to market a product as well as bitcoin because today almost all people in the world use it
member
Activity: 406
Merit: 13
December 13, 2017, 01:31:26 PM
#81
Yes of cause the Media has a role to play in the growth of bitcoin in the sense that the Media serves as the carrier of all the activities involve in the growth and development of bitcoin, from spreading rumors to letting the people to know about the ground bitcoin is breaking interns of market value and growth in interest over time. The major role of the media in the growth of bitcoin is the awareness the media created about new evolution and features that are new to investors.
full member
Activity: 227
Merit: 100
December 13, 2017, 01:23:43 PM
#80
Does Social Media Influence bitcoin growth?



Does social media influence bitcoin growth hmm i think yes because The 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.
sr. member
Activity: 1162
Merit: 260
December 13, 2017, 01:19:59 PM
#79
Obviously social media has a great influence beyond the growth of the bitcoin. The coin was firstly known to very few people around the world and social media like twitter, facebook helped it to become known globally. It cached the mainstream media attraction very lately (In my country there was no news about BTC a year ago). 
sr. member
Activity: 532
Merit: 257
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December 13, 2017, 01:17:46 PM
#78
Yes off course. Time now social media platforms are so powerful to the point that can buid up and destroy certain thing. And as we can see people are using social media to promote certain coins and we can see some effect in some coins.
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