Bitcoin Forum

What are your thoughts on these 2 factors when it comes to Bitcoin and other cryptos.

1. How does Social Media effect Cryptocurrency?

2. How does Cryptocurrency effect Social Media?

Your thoughts on both , this could be very interesting.

Social media is biggest platform to reach to targeted audience in manner of advertising. Along with advertising, Social media gives more features. Facebook, Twitter, LinkedIn, Instagram are some of biggest social network exists in todays world. Each social network have its own audience and platform which gives more connectivity and sharing also impact on presence of any cryptocurrency on web platform. Social media plays important role for getting updated information from official sources.


Cryptocurrency vastly target interested audience to make investment. User from social media do some tasks to get rewards as bounty with their social profile. In such case users get rewarded for their activities and performance with social media to reach to mass audience.

Social media affects cryptocurrencies by potentially skewing people's opinions in general through pumping or spreading FUD. I think that's one of the main reasons why a lot of coins/tokens we have right now has such a high marketcap even though they currently don't do anything, mainly because of great marketing through ads and paid crypto influencers.

Right now? It affects social media negatively I think. A lot of cryptocurrency-related stuff that's being advertised and posted on social media are scams and concept papers rather than actual working products.

yes, social media has a big influence on cryptocurrency, media can affect users at any time, but it happens to beginners

the effect of crypto on social media is that it can improve and also destroy crypto, but the impact of social media does not last long

I think Social Media has had an impact on a variety of industries worldwide and its influence over what content we view grows every day. However, when it comes to Cryptocurrency, there is a special relationship with Social Media that has shaped the way in which Cryptocurrency has grown almost from its inception. Many different forms of Social Media from discussion forums to the latest and sites like Facebook, Twitter, Slack, and Telegram have helped to spread that idea.

Social medias play vital role in spreading the name out of crypto to the public. As we all know every individual now is already hooked up with social media. Social media can give both positive and negative impact to cryptocurrency due to its network. It is visible to everyone and people are really into social media news.
The effec of cryptocurrency to social media is the proceeds that they can receive from marketing crypto using social media. It can also attract a large number of investors to the platform.
Both can help build the name and destroy the name of crypto as well. As a speculator on these two major inventions, its up to us to have a thorough research on whether the information that we can read on social media is true or not. Since nowadays, social media is used not to tell the truth but to influence people both good or bad about something.

This both give 1 identical benefits that are PROFIT. That will be the main goal they are giving each other supports. Also, social media has the biggest impact and influence when you are promoting cryptos and ICO.

With this social media, crypto can be known by the crowd, and it is able to make the crypto expand widely. A good introduction and profitability will grow rapidly, this will have a positive impact on the future if crypto can be known and provide positive aura so many want to know and join.

Posting this kind of comparison is pretty nice to encounter.

Social Media affects cryptocurrency because I think most of the cryptos get users or clients from social medias. They get clients through it because current people or user who uses it promotes it to the site or social media platforms mainly facebook, twitter and other popular platforms.

Meanwhile cryptocurrency affects social media because many people nowadays use cryptocurrencies in transacting with each other and sometimes the way to transact to other people is by using social media platforms.

The connection between these two helps build more profits and benefits to its users.

social media is like the bread and butter of the altcoins. without it they wouldn't have any other place to get the same number of gullible newbies to make money from. take it away and 90% of them won't be able to go as high as they did last year. which is exactly what happened when Google and Facebook and Twitter (the big places they used for advertising) banned their advertisements. and at least half of them would simply die. and the new ones (such as the new ICOs these days) wouldn't even be able to reach 10% of their goals.

If that is the case, I only see that social media is something negative for cryptocurrency, such as spreading FUD and the concept of scams, perhaps from many ICO advertisements circulating. So far social media can have good and bad effects on cryptocurrency, that's what I feel. Imagine if a trusted person publishes something good about cryptocurrency on social media, then there will be many people who see and of course there will be many investors coming, and vice versa with negative issues that will make the market fall quickly just because of social media.

Positive impact in the future if crypto can be known and provide a positive aura so that many want to know and join. With this social media, crypto can be known by many people, and is able to make crypto grow widely. Good introduction and profitability will grow quickly.

The thing is is that each platform will be tempted to create their own cryptocurrency, so many of these projects will fail.

too many social media based on blockchain now.

Social media have greatest effect for cryptocurrency, where Facebook and google banned for advertising of cryptocurrency make bitcoin and altcoin price going down, we have connection with social media to promote bitcoin and altcoin at the future.

technology is now entering digital technology. so role of social media is very meaningful for promotion of crypto. if there is social media blocking it, it certainly becomes very influential for the development of crypto

Social media places are the best venue for crypto advertisement, the team will be able to attract attentions of new people that can be a possible investors in the long run, we knew that there's a lots of people who are really desperate to earn and with how they've seen people who's sharing their success about their investment inside this market, it will easily move those people who are willing to take the risk, and we are talking about worldwide every single percentage from each countries is more than enough to make project being successful.

social media is very influential with the movement of bitcoin, because there will be many who will be interested in coming to bitcoin, but there are also those who use social media to make scamer that often many are trapped from it .

Social media is so much effective in promoting crypto currency, most of the bounty campaign are promoted/advertised on social media and since we are all from different parts of the world, we are helping a long way in spreading the organization. Cryptocurrency help social media by make social media more effective, some one like me never cared to use my Twitter until I needed it for bitcoin.

I think both crypocurrency and social media have a lot of benefits to each other. Specially in terms of profit. Because of social we can promote easily about crypto to make people know and understand the purpose and use of cryptocurrency. So without any paying an advertisement cryptocurrency will promote using social media so many people are encouge to deal some cryptocurrency business because they see an advertisement in social media. On the other hand social media will also have benefits on cryptocurrency because some cryptocurrency campaign are using social media so many cryptocurrency holder and investor are using and patronizing social media that give them a profit.

Social media really inspires crypto because this is the way how ordinary people get to know what crypto is and how it is done, without social media i dont think bitcoin will be this famous now.

In relation to how social media affects crypto, it is mostly to do with marketing - the audiences that social media can reach is huge, especially the younger generation, and therefore I can imagine any crypto marketing targeting young people would be utilizing it

Well, there is a lot of misinformation spread around and also many people's personal opinions as well. I think a lot of bigwigs like to influence their followers to buy into a certain coin or token and so this also shapes the markets in some way as well. Or if FUD is spread around, some people believe in the crap and then they react, without properly responding to the given situation and bothering to do the right research before they take a certain action. I think many people get lazy in this area, so they just depend on someone saying something in order to do their first move and in crypto, we should always be keeping abreast of the right news and doing due diligence before investing in anything.

Social media is one tool that is very easy to reach by the wider community, this is certainly able to provide many benefits if taken on the positive side. And crypto is indeed good to be introduced to the wider community. With social media being able to develop crypto and later those who join will get the positive effect if it is done well.

From all indication  the youth of this era check their social media pages more than listening to news on radio station or television and the youth are the people embracing cryptocurrency so social media have much influence on cryptocurrency. Let us maximize it by disseminating positive information about cryptocurrency on social media.

When google and Facebook banned for advertising of cryptocurrency that made bitcoin and altcoin price downwards , social media want to promote bitcoin and altcoin at the future.

1. I wouldn't say "affect" because social media has only been a tool to be used. and cryptocurrencies have been using it to advertise. and with that they have been "spreading the word" for good or bad (mostly bad since the bulk of the ads is ICO scam)

2. the only thing that I can think of is usage of the technology in creation of a new social media in a decentralized way. we have not yet seen anything like this despite existence of projects pretending to do this such as steem but end up doing it in a similar centralized way.

All about more information in cryptocurrency I know it already in social media like facebook and twitter and I start knowing bitcoin and ICO in social media.

1. Social media is how I discovered blockchains like Steemit! It's sad Facebook is trying to put a death grip on advertising cryptocurrency and blockchain but there's more than one way to skin a cat.

2. I believe it effects it positively and negatively. Positively because Facebook is banning advertisement on Crypto. If you ban something and people find out what it is, they'll be more interested in learning more. Negatively because the FB platform allows posts on crypto only when people in the mainstream are involved in it.

A tool that is able to disseminate all kinds of advertising is social media, social media is very easy to be known by many people so as to be able to make crypto develop well.
With the knowledge that has been obtained, surely the community will better understand and learn about crypto widely and more clearly so that to be able to join and dive in it.

Yes. There's definitely a good and bad side of it. People can use social media to communicate on cryptocurrency-related topics and spread legitimate news, regardless if the news is good or bad, as long as it's legitimate. The issue is just the advertisements, but thankfully right now that Facebook became strict with the ads. With YouTube though? I still see those "cloud mining" and "cryptocurrency investment" scams once in a while.

Social media can be good or bad for bitcoin or any other crypto currency. Social media platforms today can help promote as an advertisement to the token and share to the world its features and the benefits of a decentralized market and investment. But it can also destroy it by advertising proganda and negative news about it or restricts its advertisement.

In my opinion, social media is very important for Cryptocurrency. It will help the crypto market to advertise and people know it more and make the market grow. From developing Cryptocurrency will go back to making social media prosper. We are more famous and have more money for our media. I think both of these forms have a very close relationship.

For me they compliment each other.

1. Social Media make it easy for the cryptocurrency to be promoted (ICOs), it makes the consumer knowledgeable about it. It spread awareness and educate people to its Pros and Cons. The community and supporters becomes larger because of it.

2. Cryptocurrency gives a big impact for Social Media and help people who wants to capitalize their time by involving themselves to Cryptocurrency activities (blogging, trading, bounty hunter). Evidently, Social Media platforms benefited from more users/accounts produce by participating from these income-generating crypto activities online.

In fact the relationship between social media and Crypto has a good impact and a negative impact. On the one hand they can help each other to make the platform more crowded and can also promote each other to new users. And the negative impact is sometimes some of the information conveyed will be very far from reality so that makes most people become wrong decisions or get lost.

I think only the media can affect Cryptocurrency. Because the news will affect the psychology of investors and they will be willing to sell everything if it is bad news. Cryptocurrency really needs social media to help it more advertise on blockchain technology and ICO projects.

With the fluctuations in value and the investors who really became millionaires or billionaires when investing in electronic money it was really a piece of news spreading across the media. and also by means of media is the way to advertise bitcoin images to many investors. The crypto and the media are interrelated and the two sides are profitable.

Social media has great impact on crypto world. Cryptos used social media to promote through advertisement. People know through social media what is crypto is?

Doing Economics and living by the laws of Economics are two different things. We have many consider themselves great economists, because they buy bread or learn that for them someone postpones pension.

It would be good if the things that are advertised are actually good and useful. But is that the case? Definitely not. Social media cryptocurrency ads are 95% scams.

Social media is one of the biggest contributor on how the market prices grows and falls for the simple reason of the issues they will send to their subscribers regarding crypto

And crypto affecting social medias for the chance and opportunities of gaining and generating funds because of crypto popularity

of course it will have an effect, this is the fastest marketing way to introduce crypto in the world, I think it's easy to understand. and for this campaign it is important, because with this crypto will be increasingly famous and will be able to be understood regularly by social media users

I can see many crypto influencers uses social media for everyday news and updates regarding bitcoins and other cryptocurrencies and many ICO and blockchain advertisements can be seen on social media platforms today which is a great tool for spreading the news about the digital innovations around the world this is the biggest effect I can see on blockchain when it comes to social media platforms.   

The real truth is , social media is also a tool used by scammers and fraudsters to decieve other people thinking that social media is now a trendy platform globally . there is also fake news circulating on social media nowadays that is why we should not easily believe on whatever post we see on it   , much better if we do a quick research first in order to verifiy if the content posted is legit or not .

These is also the reason that some crypto post and ads are now being deleted or restricted most especially ico's because they are the root of all scamming .

Social media serves as a platform for marketing of cryptos. Social media has been an instrument for the bitcoin and other cryptos to become well known. Social media's role on  making known the cryptos to the community cannot be denied. It has played a major role in disseminating infotmation about cryptos.

Read this article today that fits the topic quite well:

https://www.ccn.com/twitter-locked-elon-musks-account-after-buy-bitcoin-tweet/ (https://www.ccn.com/twitter-locked-elon-musks-account-after-buy-bitcoin-tweet/)

Twitter staff locked down Elon Musk's account when he responded to someone to 'buy bitcoin' because they thought his account might have been 'hacked' haha

His tweets have been accused of wiping value off of Tesla's stock prices before, I wonder if his words carry enough weight to effect crypto prices too

Its free advert for crypto. Many people use social media and a single crypto ad will bring huge exposure at a less cost and most efficient way. Bounties utilize this. But of course, as fast as social media can help in increasing a project's popularity, that's also how fast a fake/unfavorable news destroys it.

There are many ICOs that aim to tokenize social media, one example is tipper. This brings more application for blockchain. I'm not sure though if it has any significant effect to already existing social medias like twitter and facebook.

To tell you truth, none of them effect each other. Social media is only used to advertise the crypto coins and projects and has no direct impact on social media. Similarly the ico and projects are promoted through social media benefit only the coins and have no effect on social media.

Social media has been a great tool in the promotions and creation of awareness on cryptocurrency social media have made it easy for information about cryptocurrency and how it work to circulate around the world and by that attracting investors into investing in crypto and cryptocurrency on the other hand has made payments for online transactions easier.

I believe that social media has the everything the blockchain and cryptocurrency needs. Think about everyone has smart phones in their hands and spends hours with that device. So if you make the right advertising with the right company everyone can see your advertisement. Today facebook and the google allows crypto ads, so the best place to publish your crypto ads Google and Facebook for sure.

When too many FUDs are being posted on social media, it really affects the market. Why? too many people are staying on most of the social media platforms everyday. Take note of that everyday so that is moving the emotion of every people that is on crypto.

I don't think there's really that much effect but I agree with those who are saying that it gives negative feedback.

Social media greatly affects the crypto world, even indirectly influences market volatility, creates panic and also creates trust.

and now, crypto is still unclear, meaning, many countries reject crypto development, so I think, the crypto effect on the media is very small.

To start, I first heard about cryptocurrency through social media. The platform played a major role in influencing some of the crypto enthusiasts today.

I got into twitter because I wanted to follow some of the cryptocurrency influencers. I guess that's a good effect of crypto on social media.

Social media play vital role in both of two factors. Definitely it's one of the big platform to spreading cryptocurrency like facebook,twitter is one of them also instragram and reddit is great media. Reddit like as forum i think so that anytime can happened good or bad effects.

with social media people can spread news widely and quickly. so that news content will affect the psychological of traders and finally determine attitude to trade

Social media has been incredibly effective on the rise of bitcoin and continues to be. especially in the current bounty campaigns to share the world with the incredible sharing is made.

Both have different aspect but both have given us PROFIT. Social media is very powerful which can make any crypto more valuable and accessible and we have vast majority and different set of people who can see that.

People are doing advertisement and maintaining their social media and getting their profit but there are scammer as well doing the same.

In my opinion, social media does not affect the cryptocurrency as much as probably one might be thinking. The reason behind this is that many people actually do not trust the info seen on social media as trustworthy so they don't pay much attention to it.

Nowadays social media is the easiest and best tool to spread information in real time. So I think this really helps new people to get to know cryptocurrency. Moreover, social media platforms are now connected to each other. Instead of using print and television media, I think social media is better.

Cryptocurrency can be adopted, for example, for payment of social media platforms, as we know there are Facebook and Instagram that provide paid advertising features where we are also required to pay according to the rates provided and currently can only use paypal and the like. With this cryptoccurency can be another alternative that can be used for the payment. In addition, this can also be used as a universal social media token.

Both of it have effect to each other, crypto can effect on social media like when some of them ban bitcoin advertisement, it means something in crypto that happen cause their owner made that decision.

Social media and crypto are two different things but need each other, social media needs news to expand, crypto news can be one news that is suitable for publication with social media.
Crypto needs media to be known to the public so that every development will be exposed by the media. So both are interrelated and mutually beneficial.

Cryptocurrency and social media have a mutually beneficial relationship. Social media affects cryptocurrency both positively and negatively. It is the medium through which cryptocurrency reaches out to the whole wide world. On the other hand, cryptocurrency draws traffic to the social media.

The impact ans role social media on cryptocurrency I can say it can't be over emphasized why because there's no way one could know about crypto this days without the use of any form of social media.

And to the effect of social media on cryptocurrency is also great, why because if a down fall or a down thread of a particular project (coin) is going to started I must tell you it will definitely start right on the social media and if those devs in the realm of project aren't careful then that's the end of the project because of the false news that have been spread on the social media.

Both factors give impact to individual.

Sociàl media help cryptocurrency to be well known by evèrybody thru advertisement. Even media create a bad impression about crypto it can create noise that will help to crypto more popular. Crypto needs media to gain more  popularity. Both are connected with each other even it can create good or not.


 

there is a lot of information about cryptocurrency in social networks, but I think it is constantly drowning in more information and has no effect on its placers. many people just do not pay attention to the mention of cryptocurrencies.

Of course social media will be very influential in building user opinions and will have an impact on cryptocurrency. And even then it depends on how to react. We know that the majority of users must use social media to interact or search for information. That is the reality that exists according to my understanding.

Social media has both a positive and a negative impact on bitcoin. With the help of the Internet and TV people learn about bitcoin. But here we hear about all the skepticism that the media artificially creates to create a negative image around the cryptocurrency.

The social media are the most used platforms by people around the world. There are thousands of people heard about Bitcoin the first time by reading a post on Facebook, Twitter or Telegram.
These platforms are still helping the crypto community to spread the word even more about cryptocurrencies and teach people the facts regarding blockchain technology, BTC and altcoins.

Yes.Social media may be a big impact on what people may think about cryptocurrencies.Of course positive and negative thoughts will sure to occur because every person who gets to use social media has different views on cryptocurrency.But social media also may be a great help to make people aware of crypto's potentials and how it will make a single country be progressive if this cryptocurrency will end up with a mass adoption.

when we see that bitcoin has fallen drastically until today, so, we can be sure, this is the influence of social media.
we also see panic because of social media, we see a lot of FUDs spread by social media by some bitcoin haters.

and I think crypto will not affect social media, such as crypto ads on Facebook, and it does not affect Facebook credibility, Facebook only filters every scam crypto news.

Social media can affect the crypto in a serious way. A lot of crypto realated disscussions happens in the social media which can both help it to grow and also help in the demis of a certain coin. And the crypto does not have that mch influence on the social media.

Certainly like that if social media has an important influence on crypto, of course social media will also make crypto more widely known and more and more will learn cryptocurrency and earn income through this crypto

social media helps to create awareness and publicity about crypto currency through bounty hunters, it helps to bring information about a coin to potential investors, social media platform such as facebook, twitter and linkedin has played key roles since the inception of crypto currency.
And on the other hand, cryptocurremcy helps to creat traffic on these social media platform, it increases the users of these social media platform.

both have mutually beneficial interests, this is likened to symbiosis of mutualism

social media that is very crowded in a community with many users, can be used well by the crypto world especially new ICO projects to introduce their projects to the public with the aim of attracting investors.

with more and more news and crypto currency projects on social media campaigns. will increase the number of users and active accounts from the social media used for the campaign

Social Media ----Cryptocurrency = Marketing, making blockchain more familiar term.
Cryptocurrency----- Social Media= Help to generate revenue,all that sponsored shit could be done by it without going through the hassle of third parties.duh.

This will be the effect. Currently the only relation between the two is ban.

Social media is the best media to promote a project or coin to be success in the ICO. The popularity of cryptocurrencies are now on the high for the shake of social media like facebook, twitter, linkedin, reddit, youtube, telegram, instagram and so on.

No, the only thing that will be having an affect here is that of no. 1. Bitcoin and other crypto currencies will never affect the social media since it don't have that certain power to really affect the users and the owners. Social media affects cryptos as we can observe in the past months as social medias like Facebook banned the advertisements. Also, with a lot of people in the social media, they can create FUDs that will affect users and investors and will clearly affect the status and price of crypto currencies.

Social media is the most promising place to make ordinary people know cryptocurrency and even they were interested in investing in cryptocurrency because of social media. Untill now, bounty campaign makes social media for promotion places at least in this way will add several new investors to invest. But an advantage gained by social media from cryptocurrency I don't think has yet been seen, and on the contrary they found a lot of inconvenience because the cryptocurrency project is promoted on their platform was scam so as they made a decision to ban cryptocurrency ads.

Social media affects big crypto when it comes to the exposure of crypto to the world. Every day million/billion people are using social media as a way communication and interact to others lives so if they saw a post regarding crypto it can attract them.
Crypto affect social media ? Hhmm . As far as I know, social media now is blocking ads about crypto, even sending/comnenting links about cryto is not possible.

In this network we clamor so much for mass adoption,and that cannot be achieved without advertisement,and there is no better place to reach out to a large audience/mass of people other than social media,and that platform happens to be one in which most campaign request their subscribers to advertise on
So through the social media a lot of people have and will get to know more and more about cryptocurrency
Though it also spread negativities,but that's what it is, there can never be a complete system without negativities..


Meanwhile cryptocurrency affects social media by providing more and more users for them and boosting their portfolio as well as their income, more and more users keep flocking into FB, twitter etc trying to increase their followers in order to earn higher stakes,this alone provides traffic for the social media platforms and increase their revenue and income

Telegram social media app itself is more or less a cryptocurrency related application.
Social media/cryptocurrency actually thrive side by side

together play an important role for blockchain growth and crypto currencies. because general information about crypto is always released on social media. starting from prices and project updates or versions, always announced on social media. then what are crypto benefits for social media. In general, more crypto users will enter social media.

In my opinion, Social media effect is better than printed & visual media. Because the people on social media are using internet and blockchain needs internet. That's why social media is still leverage of cryptocurrency.

I think social media give big effect to cryptocurrency. By social media, many people knowing about cryptocurrency. Most online media cover negative news about cryptocurrency but not with social media, many people in social media give positive psychology to me

Social media affect crypto or the bitcoin thru the times where it would be advertised, the popularity of bitcoin is boost with this kind of stuffs. The cryptocurrency affects the social media thru the information the cryptocurrency has that is helpful to people using social media. Those two benifit from each other.

Social media can help spread the word fast and make sure it gets around. But really, it is much better for people who love crypto currency to use social media platforms where people of mutual interests go. Like Bitcointalk. A lot of  people out there wouldn't know what we're talking about. But of course we can have private groups on subreddits on mainstream platforms. They're a nice development.

1) Social media affects cryptocurrency

(-) by spreading false information about the currency on how it will effect the government and the economy. Social media can destroy the reputation of the crypto by bringing its name about investment scam. Media can be scripted.
(+) by giving good views about the digital currency that saw by million people around the world. What happening today is many people from different countries get involve using the crypto different from negative news circulated in the media.

2) Cryptocurrency affects social media through ads by encouraging people to get involve in using digital currency. Other countries started adopting crypto through social media.

Both of them can affect each other, They can both give positive and negative impact on cryptocurrency.

Social media is the best platform or one of the best to spread the news in cryptocurrency community.
They are good hands to develop and advertise future project in blockchain like ICO.
Both must work well together. i am sure that FB will have their own coins in the near future.

that's right, because social media is a source of information that is always noticed by all people so that the existence of cryptocurrency is increasingly recognized, so it has a very positive impact on cryptocurrency.

you can reflect on ico projects and the way they market through social media, it's not just about marketing to sell their tokens. but to introduce more through social media because it is easier to target all levels of society

Yes
Bitcoin make many effect by social media in the crypto world.Because when we make any post about crypto currency in the social media. Many people can see this notice and the know this news correctly. many kind of metter known about crypto currency such as how many coin offerd by thos company or how many days they offerd there bounas.many people attract on crypto currency by this kind of news of social media. I thing this is the best way to expose crypto currency in the whole world, thank you.

Social media is currently playing an important role in crypto progress because this method is very effective at introducing crypto and attracts people around the world to invest in crypto.

Social media affects cryptocurrency by potentially skewing people's opinions in general through pumping or spreading FUD. Cryptocurrency affects social media negatively I think. A lot of crypto related stuff that's being advertised.

I can added some info about specific audience mean millienial generation , who born in 2000 where everything gone with internet.
So I think that sosmed will attract millenial audience rather than elder because as I know people who dare to invest with massive amount are the elder one,right ?

1. How does Social Media effect Cryptocurrency?
Social Media is an important area for all things and Cryptocurrency is using Social Media for their announcements and people can follow cryptocurrencies on  Social Medias I can see it on Facebook, Twiter.... and new crypto projects use Social Media  for collect money and it is a very important area for their advertising.

Well I think that social media isn't affecting much about crypto expect for those who knows about it though. But sometimes when all people knew about Bitcoins bull run everybody goes crazy about it.

Sorry for digression but maybe anyone can explain the popularity of Telegram for ICOs? Almost in every project they use Telegram as the main channel for contact.

Cryptocurrency, as well as social media, possess a mutually advantageous romantic relationship. Social media impacts cryptocurrency each favorably as well as adversely. It's the moderate by which cryptocurrency gets to away towards the entire broad globe.

Social Media has a significant impact on Cryptocurrency, as Social Media offers new information about it. Based on the result of the information given, it will affect the positive or negative Cryptocurrency. The saddest thing is that Social Media was used by the government to destroy Crypto.

It does in various ways. People now a days are social media addict. They prefer to keep themselves updated with people and the world through the social media. So social media helps crypto currencies to expose themselves to those people. Now this has both negative and positive affect. Most of the people blindly believe whatever they read on the social media. Thus, they might also end up getting the wrong information/impression about crypto currencies.
Not sure how cryptocurrency can affect Social Media. They are whole different things.

Social media always have great impact for all sorts of industry including cryptocurrency even recent days people are much more addicted in social media like Facebook Twitter and so on so it's true that social media can do any big things for crypto industry.

Social media is a media that is able to provide good and bad information to a crowd, with this social media it will be easy to access a news and one of them is about bitcoin and crypto. All of this depends on the news and if the crypto news is positive then the community's response is positive as well as vice versa. The role and also the crypto effect can be spread according to the news that occurs on social media.

Social media has some influence over the introduction and expansion of crypto currency. Mainly altcoins use social media for their promotions. Some scammers use social media to make money; that is why some of the socal medias do not show ads relating crypto.

1. How does Social Media effect Cryptocurrency?

Social media is so influential in the spread of cryptocurrency in terms of knowledge.

2. How does Cryptocurrency effect Social Media?

Cryptocurrency can be an alternative means of payment on social media, and because of its flexible nature, cryptocurrency will quickly adapt to current technology.

Social media effect everything in these days. Think about it everyone has a smart phone in their hands and using it just like crazy. If there  would be no social media there would be nothing. How can you publish your ads without it? No one is using the newspaper for the crypto ads i am wrong? So it is very very important for the cryptocurrency market more than anything.

Currently, social networks have captured the attention of the majority of the world's population. Practically every person can't imagine his life without them and every day uses one of them, and sometimes several. And they get news also from networks, not from media. Therefore, even people who are far from the world of crypto have seen at least once an advertisement about cryptocurrencies on social networks. So this is a very good advertisement.

1. Social media greatly influences cryptocurrency, because the average person knows cryptocurrency through social media, and social media is used as a cryptocurrency marketing tool, without cryptocurrency social media may not develop so far
2. Cryptocurrency affects social media, some social media platforms already have their own crypto currency, they may try to utilize the technology that each cryptocurrency has to develop their platform.

As social media influences, everyone knows that. They can prohibit advertising cryptocurrency. With regard to the influence of cryptocurrency on social media, now there are many projects that involve social networks on the blockchain and the functioning of the internal cryptocurrency

They are the same each other because of people. Social media is big step for every user of crypto to spread about  crypto. Because of social media people know about crypto so the crypto user is increasing and also the investor.  So we see a great value of price in crypto if many people know about crypto.

Social Media is the only online ecosystem that's able to reach various levels of society. Everyone certainly knows that this platform has now become the latest public space that has a considerable influence on the lives of the world community. The impact is very diverse, and of course there are many positive ones. One of the positive effects's that online ecosystem can now also create a space for social collaboration that can reach all levels of society as now presented, by Facebook Google Twitter Instagram. This site offers many containers of social collaboration in various forms, ranging from ordinary chat, information, donations, to volunteer actions. Not surprisingly, if their abilities are often used to market advertisements, both related to Cryptocurrency and non-crypto.


Social media has a large number of users which is quite large, it's not uncommon for developers to promote their crypto business in this media, both negative and positive. In the end this condition has given birth to 2 different opinions in the eyes of the community, namely empathy and anti-empathy.

1. Social media is one of most influential spreading the news about what is katest in the world, social media
    bring cryptocurrency into the popularization.

2. the negative impact from social media if the project of cryptocurrency are scam they reflict
    the social media site, thats the reason social media decide to ban crypto to advertise cryptocurrency
    last year.

Well social media is the best way to introduce Crypto currency , it is global and has many viewers on it, We should consider it as one of the most sites that can be used for announcements and encouraging the people to use crypto currency for their investments, Strong social media presence is a plus too.

Social media is good tool for promoting crypto for sure) but I think also you should be very careful...so many prepaid advertisements everywhere as well. It's good to read about new projects and exchange opinions but one should always conduct his own analysis before investing.

   Social Media has a huge effect in Cryptocurrency because it is one of the largest advertising network to spread the importance and value of cryptocurrency nowadays. Through Social Media ,the news and all about cryptocurrency are easilly spreading to all people in the whole world where crypto is not prohibited.


   Cryptocurrency has also a huge effect to Social media because the demand of using crypto will increase more that makes social media more useable and popular. If through social media the cryptocurrency will be known and through cryptocurrency,social media will be more popular,vice versa.

1.for me social media is the most appropriate field to seek the greatest possible profit, because social media is a place for all people in the world to gather, through social media we can put an advertisement, banner or other promotion so that a product can be spread widely by the suppliers

2.and the effect of cryptocurency on social media is that social media users are asked to promote or disseminate a promotion from a product and then get rewarded for a reward

For the first question, the social media is a vast platform for everything. It is too powerful and influencial. It can effect all the things like the cryptpcurrency. Social media effect the cryptocurrency by it influences the viewers to a positive or negative way of promoting the cryptocurrency. It might encourage people or not. It depends upon the ad of social media. As for the second, the cryptocurrency effect the social mesia by if it is the talked of town then people from social media would likely be make the cryptocurrency a huge topic then people will have an idea about it.

Yeah social media is a very good place for distribution and promotion in bitcoin, because in a social media there is an algorithm where
everyone will see the posts they like. so the spread of bitcoin through social media will certainly be right on target

As  you know, social media such as Facebook , Twitter have the biggest number of user,They can have huge impact on cryptocurrency  both pros and cons , Their ad can close their users to crypto , people can have chance to access more to this new aspect. However, they also can spread the negative news that make user fear of cryptocurrency

Social Media and cryptocurency have both of them benefited each other . Social media is a good tool for awareness about the advocacy of the advantages of cryptocurrency on the online world. Cryptocurrency on the other is a good tool on how the medium of exchange evolve and other add-on services incoporated in the social media platform like sending money using bitcoin as an example.

I believe that social media can deliver more information about a certain ICO coin that may had started it's campaign period. Bounty hunters specifically will do the job in disseminating the information about a certain ICO to be able to spread the information to the extent that it can urge the investor to participate to such ICO in a form of investment. The more people that it can encourage to participate, the more chances for an ICO to be successful with their goal and the shortest way it can reach the soft cap plan.

Social media is a great factor in promoting an ICO or shall we say cryptocurrency. This promotional tool has a very wide scope, limitless, as long as you are connected with each other.


Cryptocurrency, on the other hand, has been trying to get investors from the social media, In effect, social media's been infected with so many advertising ICOs you dont even know which one is legit. Because of this the image of social media platforms like facebook is being affected.

social media is very influential on the existence of cryptocurrency in the public. the platform is able to introduce crypto to a wider range and aspects. besides that social media is also very supportive of the ICO project, because most bounty campaigns use social media as a promotional media, because it's free does not require large capital. On the contrary, I think cryptocurrency has not been able to have a positive effect on social media, in fact social media users are very vulnerable to being deceived by advertisements and offers of bad ICO investment, this is one reason why Facebook and Twitter made a discourse to block crypto.

In the modern world social media play big role in everything because which makes the things to know to everyone to each corner of this world at faster time not like the old TV news so if the crypto currencies got advertised it can reach the people soon and the other hand cryptos are doing much revenue to the social media sites because lot of ICOs are advertise on social media through their sites.

As we all know, social networks are pure marketing. That means that whoever invests in their instagram / twitter / facebook account will be sure to succeed, since paying for promotions will reach a lot of people interested in what they want.

Social media effects on Cryptocurrency Market is huge because at present time more than 2 billion monthly active users on Facebook only rest Social media Platforms are remaining So that 2 billion peoples are affected to cryptocurrency if Social media allows to Advertisements of ICO

Social media has a big rule in cryptocurrency as this gives a huge community base to every new coin and a big advertisement platform to reach billions of people.  All big social media like facebook, twitter, LinkedIn have a huge members base.

I think social media is very effect for Crypto, the best way to promote cryptocurrency. from social media, many people will know cryptocurrency.
and cryptocurrency is not very effect for social media, because without cryptocurrency, social media can still survive or develop more.

Social media likes as Facebook, Twitter, LinkedIn, Google, Reddit, telegram, Instagram,steemit are very important and effective effect on cryptocurrency, many news spreading now via above social media.if social media stops their ads then whole systems badly affected.

I think that with all bans of advertising cryptocurrency, social media have a good profit but the same advertising.

Social media is a Propaganda  and  media for crypto
If we use it well it will pay off
The effect of crypto on Social media   is evident from
that of encryption publications And increased user interest.

Obviously, the more media attention to cryptocurrency, the better it feels and shows stable growth based on sharp jumps. Media attention usually leads new external investors, which is the main growth factor for the good development of the cryptocurrency. Therefore, it is obvious that the media attention to cryptocurrencies will only have a positive impact. Even the negative reviews are for the benefit of the crypt.

Social Media is a great platform to showcase all crypto related ideas/projects which makes the whole world recognize them in a manner that they can join the discussion about the project/idea. On the other hand, i can't think of much benefits that social media can get from crypto but maybe in the future we will see one.

Social media can have a positive and negative impact on cryptocurrency because of its network. Cryptocurrency cannot have a positive effect on social media, even social media users are very vulnerable to being deceived by advertisements and bad ICO investment offers.

Social media play only a small factor of influence on cryptocurrencies. Rather, they show its state at the current time. The overwhelming number of cryptocurrencies has been and remains in the shadow market, which the media ignores due to its unavailability. It's life without camera lenses and not always legal.

Both of this benifit to each other. We can say that it is a perfect tandem. In which we can see that cryptocurrency or bitcoin gain popularity through social media and the social media can gain something also in cryptocurrency and bitcoin such as money. Therefore they are both in benificial.

Social media is the right tool for advertising. like Facebook, Twitter, LinkedIn, Instagram and others, so these media users will get the source of information from advertising and the effects range from 50% - 75% of these services are accepted by all users on social media

social media plays a very important role in the crypto world, among them are the articulate Facebook twiteer and many more that promote crypto, so social media is very helpful for the development of crypto even from the price.

social media can influence crypto progress thanks to viral news that can be made at any time, marketing with viral tapping is the best marketing at the moment, where growth will occur quickly
while cryptocurrency also affects a person in social media, crypto has a tremendous impact on the world of social media, especially in the financial sector, where the great potential of crypto is expected to become the future of the world currency continues to be discussed

Many influencers on social media are making money by advertising different altcoins. For sure they affect the coin reputation and sales either in a good or bad way. To use celebrities for such promotion is quite tricky as the popularity of coin will be bond to their reputation.

Social media affects crypto by promotion because social media has the largest count of users in the internet we all know that social almost all of the people now use social media even senior citizens.

In my opinion, social media is very influential for information and the progress of crypto. Almost everyone must have an account on social media, in addition to communicating, of course, also to find information about existing technological developments. And will be a means of developing cryptocurrency more widely.

Social media has a big influence on the development of crypto especially because this social media provides positive news and is able to influence crypto market prices. So with social media, it will be easy to know all the news that appears.