How Twitter can make impact in the BTC world?

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: masphie on October 30, 2021, 09:51:37 PM

Twitter is one of the largest social media which is very good for media promotion. No wonder many people use it as any promotional media. But keep in mind, no matter how good your promotion is, it doesn't guarantee 100% people will be interested. So for the future bitcoin will remain the right of each person.

Indeed, there is no guarantee that a good promotion can make people interested. It depends on what we are promoting, it must be in accordance
with the market. Because every product has its own market, and we know many crypto communities and crypto enthusiasts who use the twitter
platform. Therefore, many crypto projects are promoting on twitter, at least with promotions on twitter can open up greater opportunities for people
to be interested. Compared to other social media, twitter has a greater impact on the crypto world. That's why bounty campaigns promote a lot
through twitter, even Elon Musk has succeeded in making Dogecoin hype promoting through twitter.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: ConnerDalfino on September 25, 2021, 04:57:13 AM

What impact are you predicting for us in the future?

What is certain is that Twitter currently has a positive impact, especially for its users, it is certain, on the other hand, Twitter is more directed to accurate news that is uploaded every day, especially Crypto / Bitcoin, overall 80% of the information on twitter is about Bitcoin, after all, twitter is widely used by entrepreneurs or bosses who are involved in business.

I often see the highest officials are more comfortable using twitter than other social media, so in the future, Twitter can become a social media that can be trusted and used by all people.

Mauser

hero member

Activity: 1974

Merit: 534

I think Twitter together with reddit already have the biggest impacts social media can have on crypto currencies. Twitter is the best Plattform to spread short news and hashtags around the world, there are millions of active users in every corner of the earth. Facebook or Instagram doesn't have reach of Twitter. If you make it on to the trending section of a country everybody will see. For the fastest news coverage I would rely on twitter and for a more fundamental approach I would go for reddit.
We have seen the power of Twitter in the crypto world on the past. Elon Musk and his famous tweets about bitcoins or doge coin are the best example of how twitter can impact crypto prices. When Elon Musk tweeted that Tesla would accept bitcoins for their cars the bitcoin price jumped.

masphie

full member

Activity: 896

Merit: 102

-= OI =-

Twitter is one of the largest social media which is very good for media promotion. No wonder many people use it as any promotional media. But keep in mind, no matter how good your promotion is, it doesn't guarantee 100% people will be interested. So for the future bitcoin will remain the right of each person.

turneps

full member

Activity: 225

Merit: 100

umachit.fund

Business investors like us often wonder what factors really affect cryptocurrency prices. One contributing factor is Twitter, further research is on the impact of Twitter influencers on cryptocurrency prices.
There are many crypto influencers on Twitter – from blockchain experts to bitcoin maximalists, to professional traders. Every day, they spread their knowledge and views on social media platforms.
First, traders and beginners are likely to see the crypto world more realistically. Second, established marketers will likely save their budget by not trying to influence the price of their tokens through Twitter influencers.
Third, marketers can save their money by choosing the right social media influencers to collaborate with.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: jaberwock on October 30, 2021, 08:15:51 AM

Quote from: ConnerDalfino on September 25, 2021, 04:57:13 AM

Consider the following scenario: there are 350 million monthly active Twitter users, and they can all send BTC to one another.
I still feel pretty overwhelmed by this news despite having had a whole day to absorb it.

The legacy-system-free monetary exchange now allows millions upon millions of people to do business.

What impact are you predicting for us in the future?

Twitter has always proven in so many ways to be different from other social media platforms. This is one of the few social platforms that one can really rely on, and they have been helpful in so many ways. This platform makes a lot of sense in the way that it is built, especially the trend page which Has been aware a lot of things are being trended in the world.

So, I wouldn’t be surprised if their next move about adding Bitcoin to their platform should have any major impact, because I know for sure that it is going to happen. Once a feature like this is up on the platform, he’s going to be trending on that platform and a lot of people will get to see it and it’s going to be a big news .

I agree with what you said because twitter understands that their platform is one of the major hangouts for influencers and analysis. If we calculate the number of cryptocurrency tweet posted on Twitter every day is more than any tweet in the world which mean almost 65% of all cryptocurrency user want there to look for a gem, analysis, or read the latest news in the crypto market.

Having said that, what make Twitter unique is that they don't copy or imitate other social media and they currently operate a survey to know what their user want to see on their platform which i believe is good thing.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: ConnerDalfino on September 25, 2021, 04:57:13 AM

Consider the following scenario: there are 350 million monthly active Twitter users, and they can all send BTC to one another.
I still feel pretty overwhelmed by this news despite having had a whole day to absorb it.

The legacy-system-free monetary exchange now allows millions upon millions of people to do business.

What impact are you predicting for us in the future?

Twitter has always proven in so many ways to be different from other social media platforms. This is one of the few social platforms that one can really rely on, and they have been helpful in so many ways. This platform makes a lot of sense in the way that it is built, especially the trend page which Has been aware a lot of things are being trended in the world.

So, I wouldn’t be surprised if their next move about adding Bitcoin to their platform should have any major impact, because I know for sure that it is going to happen. Once a feature like this is up on the platform, he’s going to be trending on that platform and a lot of people will get to see it and it’s going to be a big news .

Rehan Zakir

member

Activity: 812

Merit: 53

Twitter is a social media platform. And there are millions of people's that are actively using Twitter everyday. So, Twitter is a good platform for promoting Bitcoin. There are many peoples that still don't now about the Bitcoin and social media platforms are the best way for promoting it.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Azar138 on October 26, 2021, 10:43:07 PM

Talking about impact of Twitter on Bitcoin world I need to mention first that it gives a lot of advertisement to crypto. There are many celebrities who tweet something connected with crypto and almost all projects have their accounts on Twitter so as to promote their brand. Twitter has became a platform for crypto enthusiasts so it was a natural step for Twitter to start using Bitcoin for tips.

Its a medium where information could flow neither go against with crypto or would totally be on positive or in neutral.You are the ones who could make out some jurisdiction or decision on which one you would really believe and talking about impact then this is something which isnt sure because you dont know if that particular news did really make out some effect or would be simply be ignored.
Movements of this market is really hard to determine which those external events could neither do both ways.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: Luzin on October 26, 2021, 06:57:11 AM

Quote from: Shasha80 on October 26, 2021, 03:20:15 AM

Of course, Twitter is one of the most influential social media in the crypto world. because as you said since 2017 until now, many new projects
are promoting through Twitter campaigns.
~snip~

From the data, Twitter users in the world until the second quarter 2021 reached 206 million users. From the highest data, the United States is the largest user. Even many world leaders, influential people in the world have twitter accounts. Many exchange owners, crypto activists, crypto traders also have Twitter accounts. So that their opinions can sometimes make people's movements, lead to public opinion. So the news from Twitter is caught by the public faster than other media. So I think Twitter is very influential on the development of BTC. But we also have to be smart to research about the truth of the news they wrote because many people want to deceive.

Source: https://www.statista.com/statistics/242606/number-of-active-twitter-users-in-selected-countries/

It is true that in the US, Twitter users are very high, and also important people in the US are also mostly active on Twitter. So if a crypto
promotion is done on Twitter and eventually there is a famous person who is interested in crypto, the impact can be huge. We can see how
Elon Musk was able to make Dogecoin soar so high just by making a few tweets. This means that quite a lot of twitter users are interested
in investing in crypto, this is what makes a lot of crypto promotions done on twitter. No wonder the crypto community, exchanges owners,
crypto traders and project owners don't just have twitter accounts. But they are quite active using twitter, but that is what scammers use
to commit fraud. So we have to be careful with all the information and offers on twitter, we have to be able to filter all the information we get.
Be careful with offers that are too tempting, because scammers will do various ways to trap their victims.

Koro-Sensei

full member

Activity: 658

Merit: 103

Having a CEO who supports and probably invest in BTC is great. His vision to promote bitcoin is quite a smart move and everyone would probably benefit from this. Most probably lightning network should be deployed as well for lesser fees and faster transaction speed. This is better than buying stars in Facebook for tips.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: CryptoSable on October 27, 2021, 04:13:22 AM

Smart move for Twitter!
Because of its popularity, many people are already using Twitter to get information about the development of the crypto project.
Like a bridge, Twitter's decision will help with crypto adoption in the long term.

We certainly need a bridge as bitcoin transactions are not instant, with a bridge-like Twitter which allows financial transactions through their platform, it's easy to send money by just using a simple tip format. With the number of Twitter users, I'm sure this tells that adoption will grow bigger in the future, and not only Twitter, but other social media might also follow the trend.

Wong Gendheng

sr. member

Activity: 1428

Merit: 252

The simple thing of trending on twitter makes many people curious so that they become active users of bitcoin, the real-time twitter working system reports whatever people are talking about, of course, making sorting for certain topics a hot topic so that this has an impact on other users and is easily spread throughout the world.

CryptoSable

jr. member

Activity: 38

Merit: 2

Smart move for Twitter!
Because of its popularity, many people are already using Twitter to get information about the development of the crypto project.
Like a bridge, Twitter's decision will help with crypto adoption in the long term.

suryogandul

full member

Activity: 550

Merit: 100

Twitter has a quick effect because Twitter users link hashtags about bitcoin, besides that cryptocurrency also uses Twitter a lot as a promotional medium.
no wonder if twitter can be one of the effectors on bitcoin in a certain time.

besides that many exchanges, cryptocurrency officials are also active on twitter. This makes twitter one of the important social media for cryptocurrencies

rosemariefrancis

newbie

Activity: 36

Merit: 0

I actually feel like @Leviathan.007 has shared a good point. We all have noticed that whenever there is thought that celebrities or big companies want to share regarding Bitcoin, they always choose the Twitter platform. Maybe it can become the popular platform for Bitcoin world updates.

Azar138

sr. member

Activity: 868

Merit: 253

Talking about impact of Twitter on Bitcoin world I need to mention first that it gives a lot of advertisement to crypto. There are many celebrities who tweet something connected with crypto and almost all projects have their accounts on Twitter so as to promote their brand. Twitter has became a platform for crypto enthusiasts so it was a natural step for Twitter to start using Bitcoin for tips.

V-t.Ester

member

Activity: 532

Merit: 25

Yeah, in such way Twitter can impact on BTC. Positive news always influence positively. Even the ability to tip in BTC at Twitter can increase BTC’s price. But in case if Twitter users (after acquainting with this function) will love such possibility and will frequently use it, BTC’s price will increase more. So BTC will continue increasing. Moreover, this is the easy way to popularize Twitter and to accelerate the mass adoption of BTC.

Turbolinea

member

Activity: 560

Merit: 57

I think that the biggest affect Twitter can have on the cryptocurrency market would be a price rise. Whenever there are too many people who are talking about cryptocurrencies a lot, the cryptocurrency market is effected by it also. Maybe it will not be on a very large scale but it will still do so. Because it is still not too hard to manipulate the market as it seems.

taufik123

legendary

Activity: 2716

Merit: 1855

Rollbit.com | #1 Solana Casino

good impact will be obtained bitcoin because twitter will adopt bitcoin. Jack Dorsey as the creator of Twitter has clearly announced that he is very interested in bitcoin and will provide his latest innovation that will be integrated with cryptocurrency. Jack Dorsey also said that Bitcoin is the future of twitter. The influence of Twitter for bitcoin will certainly be very strong and have an impact on both the growth of twitter and bitcoin.

Topic: How Twitter can make impact in the BTC world? (Read 772 times)