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Topic: Does Social Media Influence bitcoin growth? - page 9. (Read 5151 times)

legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
Does Social Media Influence bitcoin growth?



Does the sun rise in the East?
member
Activity: 114
Merit: 13
Well for me is there is big impact of social media for the growth of our industry.
Nowadays majority of people are using social media like facebook, twiiter etc.
If someone user promote the industry of bitcoin there is a posible that all of his/her friends in social media were read that article or news.
Right, social media such as Facebook and Twiiter have so many users that if you can promote cryptocurrencies on these platforms, you will increase the visibility of cryptocurrencies, such as bitcoin, but now Facebook has banned the advertising of cryptocurrencies.
newbie
Activity: 63
Merit: 0
Does Social Media Influence bitcoin growth?


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Yes, social media influenced bitcoin growth because it is through the social media that the nspeedy spreading and sharing of information happened. The acceleration of bitcoin is indeed influenced by online activity and social factors especially in the social media. It is said in a study, "the more social activity the higher the value of bitcoin rises."
https://www.jasminesandler.com/digital-money/
newbie
Activity: 167
Merit: 0
Well for me is there is big impact of social media for the growth of our industry.
Nowadays majority of people are using social media like facebook, twiiter etc.
If someone user promote the industry of bitcoin there is a posible that all of his/her friends in social media were read that article or news.
full member
Activity: 336
Merit: 106
Precisely social media is the best way to promote not only bitcoin but also ICO. If you notice a lot of ICO pay for the advertisement on facebook. Bounties like twitter, instagram and facebook  telegram which is very big factor of the growth of the the COIN.


#Datarius
member
Activity: 336
Merit: 10
For now social media is the best way to promote a specific campaign there are many people in the world using a smart phone and other technology to communicate their relatives to other country. Because we are millenial there are some people do not use a mobile. Social media can help bitcoin to spread fast to other people who do not have any idea about bitcoin and it can help people get their dreams and have a hope to earn money.
sr. member
Activity: 420
Merit: 250
social media is currently useful for any thing, nowadays social media is very effective to influence bitcoin growth and find investors or attract people into new traders. social media has a wider reach because now everyone has social media, so this can be used as a media campaign and grow cryptocurrency including bitcoin.
newbie
Activity: 70
Merit: 0
Yes, social media has a strong power to influence peoples to communicate and advertising new idea and things. Using the Social Media platforms, Bitcoin can grow  in interest of common people of a country and can win the world economy.
 
member
Activity: 600
Merit: 10
Of course, social media also spread the word and share information faster so that bitcoin growth will be more easily developed, such as on twitter, facebook, and others, so that the community is easy to understand, if we start using this media to promote bitcoin Very helpful to many people, this is good for those who still do not understand much Money  crypto .
member
Activity: 203
Merit: 10
Yes social media influence in the growth of bitcoin. We all know a huge population of people around the world are using social media sites like facebook twitter instagram and other social media there are news article and stories about bitcoin and other cryptocurrency where people invest in and become rich. People who are reached by this news and articles will surely be curious of bitcoin and then surely start searching on it and be interested and then they will now enter bitcoin because we all know how much benefit and income we can get here in bitcoin.
jr. member
Activity: 47
Merit: 2
Yes because of facebook so we know bitcoin, facebook is great help to learn bitcoin and ico, because sometimes ico is also being posted on facebook so I sometimes see good campaigns. Because facebook and bitcoin are online so they both connect because they are both online.
member
Activity: 107
Merit: 10
of course yes ; social media constitute the community with forums and ...
full member
Activity: 742
Merit: 160
Does Social Media Influence bitcoin growth?


I think it greatly contributes with the influential growth of bitcoin knowing that everything that is being posted or advertised in the social media makes up a great effect on the behavior and perspective of the people. As bitcoin gets advertised on social media, the chances that people will patronize it will improve more as it keeps on gettng more popular.
asu
legendary
Activity: 1302
Merit: 1135
We all know the power of social media. It is very influential many netizen right now have no time to watch to television. They are tired going home to there work . So they are right know browsing to the internet. Many people is relaying on social media and it really affects on our daily routine . Netizens are always believing in social media,  we dont even know if its fake or a true news. We cant understimate the power of social media.
member
Activity: 168
Merit: 10
Since online is where Bitcoin originated or was made, then I think social media is one of its major influencers. Once you post in social media about btc, one can easily reach to its target market or potential users of Bitcoin.
newbie
Activity: 196
Merit: 0
It's quite sad but yes, a big YES. People rely on the news to know what's happening with the world but the thing is, most only absorb it in face value and believe completely. This is how FUD reaches out to the masses and makes them sell their bitcoins. Only a few people do their due diligence and do some more research or does not take words out of context.
newbie
Activity: 84
Merit: 0
Probably all people in general agree that Cryptocurrency like Bitcoin is now known well in the wolrd because of Social Media. With social media people can receive and read any kind of information regarding bitcoin via internet , it can be by faceboook, instagram, tweeter, and other media.
All aspects and thinks concerning bitcoin can be found in internet. Its future prospect, Risk, Financial benefits , legal aspect, its price fluctuation can be read people everyday.This condition indicates that bitcoin growth is strongly influenced by social media. People will tend to buy or invest in bitcoin and of course can affect its future growth.
full member
Activity: 770
Merit: 102
I think that social media does influence bitcoin's growth a lot as it makes bitcoins know among people and also helps spreading knowledge about them as how they work and all that.People would be get interested and will try to invest in them to gain profits from bitcoins which would contribute to growth of bitcoins.And social media gets to lots of people's homes and would cause to bitcoins growth.
member
Activity: 168
Merit: 10
Does Social Media Influence bitcoin growth?



Of course it does, the very reason why social media campaigns in bounties are essential in promoting their campaign. We see ads which introduces and arouses the curiosity of many about Bitcoin. That is why Bitcoin became so much more popular in 2017. Same goes with this year of 2018. Now there goes the ads about other cryptos likes Ethereum and waves. Promoting Bitcoin gains social media influence therefore with the popularity and volume of people who invests their money for cryptos, they are able to contribute to the overall growth of the currency and the value of it as well (of course  Wink Cool Grin).
newbie
Activity: 126
Merit: 0
The range of influence of social media is far greater than any other form of media nowadays. Social media greatly affects one's perspective over matters. In relation to bitcoin, social media freely advertises it online so that many people can notice it.
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