Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
Besides Airdrops, I think that Freebitco.in was the website that greatly benefited the Bitcoin community. There are many people who entered the Bitcoin world thanks to Freebitco, there are many people who earned their first satoshis from this website.
Topic: Social media has benefitted Cryptocurrency, here is how. (Read 913 times)
I've seen people argue about how social media has been used to spread fake news about Cryptocurrency and someone even said it's killing Crypto cause lots of people have been scammed of their Cryptocurrency through links they come across on the media well my thought to that statement is that the media didn't force them to click on those links and they fell victim to scammers on the media due to ignorance or greed. Well even though the first statement might be right cause paid actors use the media to deceive people into wrong choices of crypto investments, however everything got it's disadvantage and benefits too.
I think it will teach you a lot and mostly lead you in the right direction. And if you find it interesting, you can learn a lot from it and work on it. In this we should learn by giving hard work and time rather than seeing what was told and doing nothing. Find out what we have information about and see for yourself. Anyone who doesn't accept Bitcoin either doesn't understand it or isn't interested in it. But I say that there is nothing better than that. And I tell most people about it and it's very easy to understand. It is important to study what is being provided to you and see if it is what we are being told. First of all we use social networks to study everything. if you give bitcoin information to someone, the first thing he will see in the social network is whether he told me or not. 
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The arguments you write make sense and are happening right now. Because it is true, the impact of social media is very big for the progress of cryptocurrency. Because with advertisements placed on social media platforms or promotions related to cryptocurrency, it is easier to reach many people. So it is not surprising why social media has had such a positive impact on the progress of cryptocurrency. In fact, as you said, there is currently a trend of airdrops being held on Telegram. This is one of the uses of social media for the development of cryptocurrency. Because through the Airdrop held on Telegram, many people will know about cryptocurrency. Because if I'm not mistaken, the airdrop held on Telegram seems to have the option to invite friends to get additional coins. So of course, everyone who is doing the airdrop will be competing to invite more friends to join Telegram to take part in the airdrop. For this reason, the growth of people who know about cryptocurrencies will be increasingly rapid at this time. So that's the impact of social media on the growth of cryptocurrencies today. 
We should also remember that social media is something that is all us, meaning that we did this to crypto, we could have done it on social media, we could have done it on chat channels on icq, it doesn't matter what we have, as long as people had communication somehow, we would have done it. Just because it's the name of something we use, doesn't mean that it wasn't us that did it, it was all us that did this and that's a very important part. I believe that we are going to make a good income from this if we insist that it's the humans that needs to be praised for it.
Because if we know that it's the people, then we will focus on the people and not the hype, ignore what people say and try to focus on what they do, that way you could make a lot more money. If we keep insisting on what we are dealing with, we are not going to make that much money and we are going to end up with a loss, we should keep on dealing with people and their actions to profit.
Because if we know that it's the people, then we will focus on the people and not the hype, ignore what people say and try to focus on what they do, that way you could make a lot more money. If we keep insisting on what we are dealing with, we are not going to make that much money and we are going to end up with a loss, we should keep on dealing with people and their actions to profit.
Yes, social media is just a tool, but what makes it alive are the people behind it. All too often we forget that all interactions, trends and influences come from the users themselves. After all, if we pay special attention to people, how they behave, how they interact and what they want, then we can see much larger opportunities (including making money). Understanding people and their behaviour is the key to success not to get lost in the platform's hype but also be more effective in adapting and creating profitable strategies because... in the end: it's people who drive everything; not just technology
And understanding the people behind social media is crucial, we need to understand the people behind social media because the technology and platforms will change but basic human behavior does not. At its core, if we can capture what individuals truly desire and how they react, as well as what motivates them, we will always have an opportunity to adapt no matter the changes in technology.
We should also remember that social media is something that is all us, meaning that we did this to crypto, we could have done it on social media, we could have done it on chat channels on icq, it doesn't matter what we have, as long as people had communication somehow, we would have done it. Just because it's the name of something we use, doesn't mean that it wasn't us that did it, it was all us that did this and that's a very important part. I believe that we are going to make a good income from this if we insist that it's the humans that needs to be praised for it.
Because if we know that it's the people, then we will focus on the people and not the hype, ignore what people say and try to focus on what they do, that way you could make a lot more money. If we keep insisting on what we are dealing with, we are not going to make that much money and we are going to end up with a loss, we should keep on dealing with people and their actions to profit.
Because if we know that it's the people, then we will focus on the people and not the hype, ignore what people say and try to focus on what they do, that way you could make a lot more money. If we keep insisting on what we are dealing with, we are not going to make that much money and we are going to end up with a loss, we should keep on dealing with people and their actions to profit.
Social media done nothing but shitting the people with misleading information all the time, that's why people try to invest something that they don't have any idea, I agree it opened the door for the people but it benefited few con artist than the actual investors on the other hand forum benefited the people by giving the right guidance which is simple trust Bitcoin and everything else is just revolving around with the influence of it.
Airdrops were dead for years, don't your waste your time for lurking free money whether by tapping on screen or whatever stupid things they want to do.
Airdrops were dead for years, don't your waste your time for lurking free money whether by tapping on screen or whatever stupid things they want to do.
Social media is just a tool and as a tool it is our individual responsibility to tread wisely when making use of it because at any point you fail to apply caution when making use of it someone somewhere may take advantage of your vulnerability. Every social media platform is like a world of its own with people from diverse walks of life making use of it and so therefore it should be expected that people with negative motives would be found in there too which brings the need for cautiousness.
The benefits of the social media to cryptocurrency and it's users actually can't be overemphasized and anyone who's saying otherwise is obviously trying to be economical with the truth. Many crypto projects today are seeing the light of day because of the hypes it received through the social media platforms.
Moreso, a lot of the benefits we have earned from cryptocurrencies is through the social media platforms through which informations about both old and new projects are caught on time as it breaks , even though some informations could be said to be fake, that's then where our responsibility to always research and verify informations before consuming/applying it now steps in.
The benefits of the social media to cryptocurrency and it's users actually can't be overemphasized and anyone who's saying otherwise is obviously trying to be economical with the truth. Many crypto projects today are seeing the light of day because of the hypes it received through the social media platforms.
Moreso, a lot of the benefits we have earned from cryptocurrencies is through the social media platforms through which informations about both old and new projects are caught on time as it breaks , even though some informations could be said to be fake, that's then where our responsibility to always research and verify informations before consuming/applying it now steps in.
Crypto of course benefited from social media but who didn't? Everyone benefits from crypto so it is not really a big deal and I think it should be something normal, we shouldn't really have any trouble and we can make sure that it is going to be a fine situation without much issues. I am not saying that we can't make it work without social media, but every single business out there benefits from social media presence and the viral that it gets.
There are so many companies that may have bankrupted by now but became incredibly rich just because of some viral post someone liked once, and because of that I think crypto is not that different.
Social media has a huge power, and it's global so having this type of power is definitely something we should see as a good thing. I believe that we are going to see this growing a lot bigger, and I think the best way to improve would be just thinking that everything will be fine. If we can do that then we are going to be fine.
There are so many companies that may have bankrupted by now but became incredibly rich just because of some viral post someone liked once, and because of that I think crypto is not that different.
Social media has a huge power, and it's global so having this type of power is definitely something we should see as a good thing. I believe that we are going to see this growing a lot bigger, and I think the best way to improve would be just thinking that everything will be fine. If we can do that then we are going to be fine.
Well, humans are prone to react negatively to certain things especially when they're the victims and some have even blamed the media for their carelessness, however it may be, the media has it's benefits to Cryptocurrency and has caused a recent mass adoption of Cryptocurrencies be it Bitcoin or Altcoins. For instance, Cryptocurrency is the new trend when it comes to finance and one the fastest ways to know about new trends is the social media.
Any person who would criticize the influence/impact of social media in today's age doesn't know how to mark level from his left and right, social media is an important factor, it's proven because most informations, newly developed ideas (including Cryptocurrencies), Bitcoin and more are all talked about which has contributed fairly to the level of involvement. I think lack of social media during the early time when Bitcoin was found contributed to the low adoption rate, clearly many never knew about Bitcoin and those who heard slightly about wasn't getting the clearer picture of what it was and this was what social media could have fixed by simple interactions within the internet space. Social media would have brought about more reasons as to why Bitcoin should be seen and accepted.
The flow of promotions has grown so much and now the trend of social media is so much on the rise in promoting anything.
This shows that the development of the times has progressed so much in many ways that there are many conveniences in it.
Telegram has sponsored their own exchange and wallet even though the owner of telegram has been involved in a case and the CEO was arrested on suspicion of allowing various illegal activities.
There are many social media that provide convenience for people to develop their own business independently because they can do promotions in it.
There are positive and negative sides to it, depending on how people use it and if misused it will have a bad impact.
Before promotion, it was the social media first. And I think it was during the pandemic times, is the responsible for the growth of them because people are mostly staying indoors and social media is mostly the ones that they are using to communicate, do business, and entertained theirselves.This shows that the development of the times has progressed so much in many ways that there are many conveniences in it.
Telegram has sponsored their own exchange and wallet even though the owner of telegram has been involved in a case and the CEO was arrested on suspicion of allowing various illegal activities.
There are many social media that provide convenience for people to develop their own business independently because they can do promotions in it.
There are positive and negative sides to it, depending on how people use it and if misused it will have a bad impact.
The internet and social media isn't a new thing anymore, so I won't use them as an indication to tell that the times had progressed. But anyways, even without them, the time can still progress on its own. We can rather say that technology have already gone a long way. The internet is one of it of course and had a major contribution in the tech world. I won't be biased and say that each of them can only offer a pure convenience but they still have their own disadvantages.
As for the internet, obviously we can't use it if the cell sites or towers have been damaged or there was a problem with it. Another thing is if there is a brownout. AFAIK Telegram doesn't have a dedicated exchange and wallet, though these could be possible within their app and with the help of some API's. Telegram is decentralized and this makes the illegal activities happen, so this is not their fault.
I've seen people argue about how social media has been used to spread fake news about Cryptocurrency and someone even said it's killing Crypto cause lots of people have been scammed of their Cryptocurrency through links they come across on the media well my thought to that statement is that the media didn't force them to click on those links and they fell victim to scammers on the media due to ignorance or greed. Well even though the first statement might be right cause paid actors use the media to deceive people into wrong choices of crypto investments, however everything got it's disadvantage and benefits too.
Well, humans are prone to react negatively to certain things especially when they're the victims and some have even blamed the media for their carelessness, however it may be, the media has it's benefits to Cryptocurrency and has caused a recent mass adoption of Cryptocurrencies be it Bitcoin or Altcoins. For instance, Cryptocurrency is the new trend when it comes to finance and one the fastest ways to know about new trends is the social media.
Is there anyone that really says that social media didn't benefit Bitcoin? Social media has its pros and cons but to my mind, its pros outweigh the cons. Via social media, communication is easy, news sharing is easy, and millions of people are connected with each other easily around the world.Well, humans are prone to react negatively to certain things especially when they're the victims and some have even blamed the media for their carelessness, however it may be, the media has it's benefits to Cryptocurrency and has caused a recent mass adoption of Cryptocurrencies be it Bitcoin or Altcoins. For instance, Cryptocurrency is the new trend when it comes to finance and one the fastest ways to know about new trends is the social media.
Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
Besides Airdrops, I think that Freebitco.in was the website that greatly benefited the Bitcoin community. There are many people who entered the Bitcoin world thanks to Freebitco, there are many people who earned their first satoshis from this website. 
Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
The flow of promotions has grown so much and now the trend of social media is so much on the rise in promoting anything.
This shows that the development of the times has progressed so much in many ways that there are many conveniences in it.
Telegram has sponsored their own exchange and wallet even though the owner of telegram has been involved in a case and the CEO was arrested on suspicion of allowing various illegal activities.
There are many social media that provide convenience for people to develop their own business independently because they can do promotions in it.
There are positive and negative sides to it, depending on how people use it and if misused it will have a bad impact.
Everything that has an advantage also have a disadvantage, there will always be bad eggs, those that wants to use the purpose of any given good technology for the opposite reason and which social media isn't an exception for this set of people to use. We can't still forget the numerous good thing that the social media has helped our lives, a lot today are earning living from social, business have boomed because of the power of social, we can't be focusing our energy only on the scamming aspect of social media along, and forgetting the good side.
Perhaps you spoke my mind, well definitely people always have something to say about everything, the fact that we have freedom of speech on social media has made lots of people feel they can have any opinions over whatever they choose and definitely they are all right. Bitcoin and the cryptocurrency industry generally has benefited directly and indirectly from the social media but lots of people only focuses on the obstacles and disadvantages of social media so whatever including bitcoin that gets discussed in those social medias they will always have the disadvantages pump up just to conceal the better colours of it and crypto generally has been a victim of that. As we put it this way, social media has big role in the distribution of information among the public. These days, everyone has at least one social media channel under their name. Hence, we can say, with the rise of crypto market, people will talk and socmed platforms have been part of it.
These platforms also are the source of news and updates to basically anything. Remember, very rare nowadays are buying hard copies of newspapers.
Everything that has an advantage also have a disadvantage, there will always be bad eggs, those that wants to use the purpose of any given good technology for the opposite reason and which social media isn't an exception for this set of people to use. We can't still forget the numerous good thing that the social media has helped our lives, a lot today are earning living from social, business have boomed because of the power of social, we can't be focusing our energy only on the scamming aspect of social media along, and forgetting the good side.
Perhaps you spoke my mind, well definitely people always have something to say about everything, the fact that we have freedom of speech on social media has made lots of people feel they can have any opinions over whatever they choose and definitely they are all right. Bitcoin and the cryptocurrency industry generally has benefited directly and indirectly from the social media but lots of people only focuses on the obstacles and disadvantages of social media so whatever including bitcoin that gets discussed in those social medias they will always have the disadvantages pump up just to conceal the better colours of it and crypto generally has been a victim of that. 
Everything that has an advantage also have a disadvantage, there will always be bad eggs, those that wants to use the purpose of any given good technology for the opposite reason and which social media isn't an exception for this set of people to use. We can't still forget the numerous good thing that the social media has helped our lives, a lot today are earning living from social, business have boomed because of the power of social, we can't be focusing our energy only on the scamming aspect of social media along, and forgetting the good side.
It's essential to approach online interactions with a critical eye and use social media responsibly to maximize its benefits while minimizing its risks.
I have worn, as a teen, the shoes of people who think the internet is a place to make easy money, and the steps mostly taken was all about naively following any post that promises how to double our money. But, we always ended up with no rewards. After everything, the rush to participate on such tasks also leaves people skipping to research on what they're about to go into, or embark on, all that matters to them is the cash.
So, to these type of internet users, they'll never think otherwise or take precautions, the funds which ends up being fake promises, confuses their thinking.
Let me say from my own understanding that social media have advantages and they also disadvantages in cryptocurrency so if you want to have a good source of information towards the benefit of cryptocurrency make a proper research about yourself so don't make a research that you will rely on people who you know that they are criticizing cryptocurrency so for me for cryptocurrency especially Bitcoin to get to this extent is because of help social Media, call initially when cryptocurrency was introduced especially Bitcoin there was nobody who like to adopt cryptocurrency because of the fake information tendered by people but right now social media has made many people to have a passion in cryptocurrency
I've seen people argue about how social media has been used to spread fake news about Cryptocurrency and someone even said it's killing Crypto cause lots of people have been scammed of their Cryptocurrency through links they come across on the media well my thought to that statement is that the media didn't force them to click on those links and they fell victim to scammers on the media due to ignorance or greed. Well even though the first statement might be right cause paid actors use the media to deceive people into wrong choices of crypto investments, however everything got it's disadvantage and benefits too.
Well, humans are prone to react negatively to certain things especially when they're the victims and some have even blamed the media for their carelessness, however it may be, the media has it's benefits to Cryptocurrency and has caused a recent mass adoption of Cryptocurrencies be it Bitcoin or Altcoins. For instance, Cryptocurrency is the new trend when it comes to finance and one the fastest ways to know about new trends is the social media.
Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
You make a valid point here about the dual nature of social media, which can be both a powerful tool for spreading information and a breeding ground for scams. It's essential to approach online interactions with a critical eye and use social media responsibly to maximize its benefits while minimizing its risks. Well, humans are prone to react negatively to certain things especially when they're the victims and some have even blamed the media for their carelessness, however it may be, the media has it's benefits to Cryptocurrency and has caused a recent mass adoption of Cryptocurrencies be it Bitcoin or Altcoins. For instance, Cryptocurrency is the new trend when it comes to finance and one the fastest ways to know about new trends is the social media.
Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
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Another instance is the airdrop fever, the airdrop have been ongoing for years now but social media through telegram and Ton blockchain has caused a mass participation of airdrops lately compared to previous times and to crown it all, telegram which is one of the biggest social media platform have even got their own exchange and wallet where it's users can easily purchase Bitcoin and other cryptocurrencies.
I don't participate in airdrops and I don't care about shitcoins. Everyone wants to get something valuable for free, but life doesn't work that way. Getting worthless shitcoins via airdrops seems pathetic to me. I would rather do some actual work and get real money in return.
Social media has influenced almost everything in the human civilization during the last 15 years. The influence was both positive and negative.
The crypto world wasn't living in an isolated island, so it's normal to be influenced by the social media during the last several years.
6 of the top 10 websites on the internet currently are social media platforms so its easy to say that anything that trending expect it to be on these platforms, and so many times that Cryptocurrency is trending in the internet.
Most people go to the internet to fetch information, so they say, entertainment is much more accurate I believe.
How people use the internet, which includes als social media.
Who goes into a social network looking for a new tire?
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