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Topic: How twitter affects the price of Bitcoin - page 3. (Read 1054 times)

full member
Activity: 329
Merit: 100
The Exchange for EOS Community
November 18, 2018, 11:20:08 AM
#84
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
sr. member
Activity: 1344
Merit: 261
November 18, 2018, 11:08:06 AM
#83
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 don't think that this is kind of true, its because even if the price goes upward, a lot of people in social media would likely to spread false news or articles about BTC and in that case I don't think that Twitter or any platform would likely to give a major EFFECT on the price of BTC, I just wish that more positivity would spread out in these social media platforms.
copper member
Activity: 44
Merit: 0
THE ENERGY EFFICIENCY PROTOCOL
November 18, 2018, 10:47:34 AM
#82
Twitter can't affect the price of bitcoin, yet i can help promoting bitcoin in public specially in social media. Through this referral program using twitter. Many investors willing to trade depend on how they promote thier product.
sr. member
Activity: 910
Merit: 257
November 18, 2018, 09:56:58 AM
#81
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.

That is true, I mean, much like other social media platforms where people go in and spend most of their time these days, it presents a medium where people can market and introduce to many others whatever thing, or in this case, business venture they are trying to advertise. Comparable to Facbook, Instagram and other similar platforms, it has been a big part of many businesses these days.
member
Activity: 308
Merit: 15
November 18, 2018, 09:12:41 AM
#80
I know that many traders use Twitter and many of them follow the tips on Twitter. but for big market like bitcoin. I dont thinking that Twitter has a big influence on the price changes in Bitcoin.
Usually huge investors are having twitter like Craig whom was the latter having post in his twitter account. There is a good OP that has stated that twitter could be a tool for bitcoin market price to go hype. Just take an example of Craig's post about the BCH hardfork. It relatively pull down market price for bitcoin as many where confused on what will happen to bitcoin and sell their bitcoin holdings. So, probably twitter could play important role in bitcoin hype.
hero member
Activity: 1008
Merit: 501
November 18, 2018, 09:04:38 AM
#79
I don't think Twitter can actually affect the price of bitcoin, for sure many people get some info but those who can really change the market don't care about Twitter, they do whatever they want.
I agree with you. I know that many traders use Twitter and many of them follow the tips on Twitter. but for big market like bitcoin. I dont thinking that Twitter has a big influence on the price changes in Bitcoin. because compared to the total of users reaching millions of users. only a small users of traders follow trends and tips on Twitter
sr. member
Activity: 980
Merit: 294
November 18, 2018, 09:03:50 AM
#78
i think no applications nor people effect when you know about crypto world.
You're right. No news will either affect on your position in the market. We knew that people's action affect the price like when they panic upon hearing some news. Perhaps everything on social media can be a big influencer so people should know how to filter of what they read and hear. Not everything you read is correct tho.
newbie
Activity: 11
Merit: 2
November 18, 2018, 08:08:07 AM
#77
There seems to be an influence on the ban on crypto ads on Twitter at the price of bitcoin So also with a search on Google about bitcoin affecting the price of bitcoin. but that is only my view of being a newbie.
full member
Activity: 784
Merit: 101
The World's 1st Waste to Green Energy DLT Project
November 18, 2018, 07:32:23 AM
#76
In my opinion, Twitter (in particular) may not have much effect on changing crypto prices. So far what has happened is negative news from many media outlets. That is one of the factors in reducing crypto prices, in addition to other factors
sr. member
Activity: 1050
Merit: 251
November 18, 2018, 06:35:07 AM
#75
twitter is the open social media, every people in the twitter can talk with their own word on twitter, so i think bitcoin price and value and news will very popular in the twitter, every people in twitter can watch this news and anythine sle
It is one of the platform where people can share their opinions and interact on certain topics like Bitcoin. It can reach to million of people from across the world as it's one of the most popular social networking sites. With different point-of-views, either positive or negative, it can have a big impact in the price of Bitcoin, it could slow down or rise, depending on how people interpret the feedback or on how impactful the opinion is. What's important for me is to have my own perspective and understanding of what Bitcoin is. If you are fully-aware and have fully-understood what this technology is all about then no matter what other people might say against it, you would know how to respond and where to stand without having to lose your interest, trust, and belief because you know the truth behind it.
jr. member
Activity: 193
Merit: 4
November 18, 2018, 06:13:40 AM
#74
Commenting according to the title of I will say Twitter as one of the biggest social media that has millions of users and most of them are crypto lovers so Twitter effect positively due to the fact that it provide a short message text with pictures that promote and advertise cryptocurrency.
member
Activity: 392
Merit: 10
November 18, 2018, 05:56:21 AM
#73
Twitter's exposure to BTC affects the price of BTC!
Twitter promotes the benefits of BTC, people will buy BTC to cause the price!
On the contrary, to promote the harm of BTC, BTC will fall!
This is basically the same as the traditional media influence!
full member
Activity: 616
Merit: 100
November 18, 2018, 05:21:33 AM
#72
twitter is the open social media, every people in the twitter can talk with their own word on twitter, so i think bitcoin price and value and news will very popular in the twitter, every people in twitter can watch this news and anythine sle
newbie
Activity: 42
Merit: 0
November 18, 2018, 05:06:43 AM
#71
i think no applications nor people effect when you know about crypto world.
newbie
Activity: 30
Merit: 0
October 31, 2018, 05:28:55 AM
#70
Twitter as well as other mass media can have a big impact on the price of bitcoin, if it spreads bad news, it can cause price declines. Conversely, when they give good information, it will contribute to the price increase.
newbie
Activity: 15
Merit: 0
October 31, 2018, 05:21:36 AM
#69
The digital money market is facing a lot of difficulties due to the ability of regulators to tighten controls as well as the fact that large technology companies are prohibited from advertising. The advertising ban on virtual currency that Twitter offers is one Important factor that caused Bitcoin to sell off strongly. Bitcoin has repeatedly reduced prices when similar adverse information appeared. However, bitcoin is still growing and the day is widely used.
member
Activity: 350
Merit: 10
October 31, 2018, 04:55:24 AM
#68
To some extend the price of bitcoin can be affected by twitter feeds from ICOs related project since most tweets about ICOs include the #hashtag #BTC or ETH, it bring newbies to the Bitcoins arena and affects it demand and supply.
jr. member
Activity: 336
Merit: 1
https://saturn.black
October 31, 2018, 04:41:04 AM
#67
Tweeter may affect the price of bitcoin if the news delivered by the tweeter is a good development of bitcoin and introduces it to the public. With this social media will quickly spread and quickly get a response, this is worthy of being the right media for future developments.
hero member
Activity: 1008
Merit: 501
October 31, 2018, 04:39:18 AM
#66
I don't think Twitter can actually affect the price of bitcoin, for sure many people get some info but those who can really change the market don't care about Twitter, they do whatever they want.
It doesn't affect directly on the market. indeed some people do follow signals or tips from users on Twitter but that doesn't mean Twitter has a big influence on market prices. seeing that not many people follow the signals and tips on Twitter. there are still many other bigger aspects that effect than twitter
full member
Activity: 616
Merit: 100
October 31, 2018, 04:32:07 AM
#65
Because twitter is a media that can be used to promote an ico project. So that more advertisements about crypto will affect the price on the market.
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