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Topic: How twitter affects the price of Bitcoin (Read 1054 times)

full member
Activity: 686
Merit: 105
December 19, 2018, 07:48:41 PM
I think that earlier Twitter had a greater influence on the price of cryptocurrency than now. Now trades react little to news.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
December 19, 2018, 07:27:28 PM
Twitter or any social media is our passage to receive positive or negative news about Bitcoin,and if someone is spreading negative news it affects the price because it cause panic to the new investors to sell their Bitcoin or if there is positive news it also affects the price increase of Bitcoin.
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
December 19, 2018, 07:06:02 PM
I think between the various social media platforms out there, Twitter has more influence on price of Bitcoin. Because news spread cater in Twitter than it does in other platforms.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
December 19, 2018, 06:48:50 PM
Twitter is just a part of media like print / electronic or social media including Facebook; linkedin ; You Tube etc.  And each type of report on any type of media has effect on the price of bitcoin.  When there are positive news the price goes up and in case they spread negative news then the price falls.
I agree because Twitter or any social media is a way expressing their thoughts so when some bad news about crypto it will affect too to the market also when theres a good news of course theres impact too in crypto market. People now us depending on what others says in social media that's why sometimes market down immediately when they hear a bad news.
jr. member
Activity: 667
Merit: 1
December 19, 2018, 05:24:44 PM
I think it affects mostly by giving early frequent alerts of a particular message not morning wherever it's coming from and if it's real or not and people read the headline and make instant decision on it.  And it keeps spreading.  There was a time a news came out on twitter that balance would be deleting tether from its trading pair and within few minutes,  price of bitcoin and other cryptocurrency suddenly increased for a while before the news was debunked.  This is how effective a twitter news can affect cryotocurrency price. 
member
Activity: 365
Merit: 10
December 19, 2018, 03:47:40 PM
I guess That Twitter has no effect on Bitcoin's price. Because Twitter is just part of digital media. Through which we only get information.
Any media has an impact on the population and the more it has its own circle of readers, the more. Recent bans on Twitter to a certain circle of people involved in promoting crypto to that confirmation when user accounts were blocked.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
December 19, 2018, 03:40:19 PM
in my opinion it's not just twitter that affects the price of bitcoin, other social media also have an influence such as facebook, telegram etc. because the news is very quickly spread because of social media
I regret that Twitter has finally banned the use of bitcoin on its platform, because the impact affects people's perceptions of bitcoin which in turn can reduce trust in bitcoin. The price of bitcoin has also been affected, namely a decline in prices.

First of all , twitter did not ban bitcoin although it did ban some crypto related accounts that may seem spammy or against their rules  . yet , this issue isnt totally related to the price decline of btc . 

If there is one to blame here  , that would be the whales because they are the ones that holds big amount of coins . they are also the ones that can manipulate the entire crypto market  .

Twitter or any other social media can be a way to spread news ( either good or bad )  but news arent totally the one that can pull the price to go down  .

Spreading news is the way to share something valuable on social media but shilling low cap coins is not same thing. I cat imagine how much blockchain experts there are in twitter. Whales don't care about tweets of popular faces,instead of following advices they mainly follow smart money flow.
full member
Activity: 476
Merit: 102
Kuvacash.com
December 19, 2018, 03:39:23 PM
I believe that as any social communication platform has a significant impact on the market since certain influencers with enough popularity can manipulate the FUD and the FOMO of the market with their crazy predictions, good luck in your study, I would postulate but I do not feel so confident yet hehe.
newbie
Activity: 40
Merit: 0
December 19, 2018, 02:48:18 PM
I think it does, pretty much just like this forum does. If there is an information put out there on the Twitter by someone significant to the story, it will have its impact.
copper member
Activity: 280
Merit: 0
December 19, 2018, 01:23:56 PM
I guess That Twitter has no effect on Bitcoin's price. Because Twitter is just part of digital media. Through which we only get information.
plr
member
Activity: 1162
Merit: 24
December 19, 2018, 07:27:37 AM
Hello guys!

I am a researcher studying how messages in twitter affects the price, for my thesis. I am currently creating a library grading unique expresions and words that are used in cripto and trading environments.

I am looking for people that have trading experience and want to help me grade these words. It is only about 40 words and it wont take much of your time. In exhange for the great help I am offering the study once it is finished.

If someone is interested, contact me at [email protected]


I'm not into trading but your offer is very interesting I'm sure I'm not the only one requesting that your experiments will be shared to us, I'm also sure that bounty manager will be interested on these findings and they might increase it rewards, once it has a good results.
newbie
Activity: 21
Merit: 0
December 19, 2018, 07:15:21 AM
Yes, twitter affects the price of bitcoin as well as ICO tokens.
full member
Activity: 1176
Merit: 100
The OGz Club
December 19, 2018, 07:10:33 AM
Twitter doesn't affect on the price of Bitcoin directly because it is only part of social media. It can't do anything by own. People are handling it with their sweet well. Actually we can control the price of Bitcoin by buying and selling.
legendary
Activity: 2954
Merit: 1159
December 19, 2018, 07:03:38 AM
Hello guys!

I am a researcher studying how messages in twitter affects the price, for my thesis. I am currently creating a library grading unique expresions and words that are used in cripto and trading environments.

I am looking for people that have trading experience and want to help me grade these words. It is only about 40 words and it wont take much of your time. In exhange for the great help I am offering the study once it is finished.

If someone is interested, contact me at [email protected]

It can affect a lots to the price of Bitcoin. Negative and fake news can make the price go down without any reason.

Exactly, News have a big influence on bitcoin prices. Social media like facebook and twitter are main source of information these days. Even if anyone posted a negative fake news, it spread so widely and result in panic selling so we must first confirm the news from such media before we actually believe on it.
full member
Activity: 407
Merit: 101
December 19, 2018, 06:55:52 AM
Twitter actually has a considerable influence on the price of bitcoin because we know that Twitter is a social network that has been known to many people. Usually crypto experts provide a lot of information through their tweets and that of course will have many responses and sometimes directly affect the market.
sr. member
Activity: 938
Merit: 251
December 19, 2018, 05:56:45 AM
Social media is an important tool in promoting crypto projects like blogs, websites, ICO, and newly developed coins, Twitter is an important tool since it can reach people by using the platform hashtags or tags, it is also easy to retweet or share contents on Twitter.

For me, Twitter can help Bitcoin to spread awareness about the growing community of Crypto Enthusiasts, from its news and updates whether good or bad the results can help either way.
full member
Activity: 756
Merit: 102
December 19, 2018, 05:49:07 AM
in my opinion it's not just twitter that affects the price of bitcoin, other social media also have an influence such as facebook, telegram etc. because the news is very quickly spread because of social media
I regret that Twitter has finally banned the use of bitcoin on its platform, because the impact affects people's perceptions of bitcoin which in turn can reduce trust in bitcoin. The price of bitcoin has also been affected, namely a decline in prices.

First of all , twitter did not ban bitcoin although it did ban some crypto related accounts that may seem spammy or against their rules  . yet , this issue isnt totally related to the price decline of btc . 

If there is one to blame here  , that would be the whales because they are the ones that holds big amount of coins . they are also the ones that can manipulate the entire crypto market  .

Twitter or any other social media can be a way to spread news ( either good or bad )  but news arent totally the one that can pull the price to go down  .
member
Activity: 126
Merit: 15
Fast, Smart, Trustworthy
December 19, 2018, 05:24:59 AM
I don't think Twitter can effectively affect the price of Bitcoin. Twitter officials have repeatedly expressed their dislike of Bitcoin. They think that the popularity of Bitcoin, Ethereum and other crypto on Twitter makes Twitter become like a junkyard and not easy to manage.
I think the social media that has the most influence on crypto the telegram is bigger. If the telegram bans the crypto group one day, the impact will definitely be much larger than the Twitter ban.
sr. member
Activity: 1470
Merit: 325
December 18, 2018, 11:50:36 PM
we could still get into a stage that whole world knows about bitcoin, but whole world will still not support it.

bitcoin could even become spam in the market and people will hate it.

because it is just ultimately a currency for a market.
copper member
Activity: 224
Merit: 0
December 18, 2018, 11:47:03 PM
I don't think twitter really affect the price of btc in any way cause twitter is one if the social media platform that associate different people with different background to chat and learn through other post and also made some contribution to help other and same way btc discussion also post on twitter for discussion and passing of any other relevant information .
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