Does Social Media Influence bitcoin growth?

[12tribes]

Absolutely.... it does in many ways than we can we can immediately mention. But social media has the power of a domino effect on any product, its price and therefore purchase.

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[James1977]

It is true that social media has big effect in  terms of informing people to the real deal on having cryptocurreny or bitcoin itself. Because we all know bitcoin can serve as a good investment to all people because most of people shared their experiences on using bitcoin and dealing with this could encourage most of people to try having an investment to bitcoin or even having a transaction with the used of bitcoin for faster and reliable way of buying and selling.

[lucas.zimmer]

Yes of course, because bitcoin social media is becoming popular around the world and almost everyone is using it. I myself also recognize bitcoin and cryptocurrency from social media, until I arrived at this forum. so the role of social media is essential for bitcoin growth

Definitely it influences in both direction, positive and negative. When prices were going up, many people heard from social media accounts and started to buy. Now social media messages mostly about last crash, so this time it is influencing in a bad way to cause people for panic selling.

[DevilSlayer]

Does Social Media Influence bitcoin growth?

Yes it is! Social Media is really one of the way why bitcoin became famous. There are now many people who became interested to the bitcoin because of the social media influence.

[Mcdacillo]

Does Social Media Influence bitcoin growth?

Yes, social media become a big factor in the growth of bitcoin. Since we are living in the world of technologies. They use the technology to make bitcoin spread. They use social media as a medium to spread the use, effects and how this bitcoin works. Many millenials are now involve in social media they use advertisement to give knowledge about bitcoin. Bitcoin helped many people so it is not hard to advertise bitcoin.

[balamuda]

Does Social Media Influence bitcoin growth?

Yes, social media greatly affects bitcoin growth. Social media is a gathering place in cyberspace and it's a good place to advertise bitcoin.

[Jhaypril05]

Yes! More people used to get some news over the internet instead on the news on TV. Some people used it because you can read articles wherever you are. With social media,  you may spread the words about bitcoin and everyone of us has more than thousands friends so they can read the news over the social media.

[Bitcoinbitcoin0909]

Does Social Media Influence bitcoin growth?

Yes, social media, or any social sites are good to influence the growth of bitcoin. Social media helps bitcoin to become popular and known by every social media user. They spread the information about bitcoin and from it many users will join and lots of investor will invest. And another, we all know that social media is very popular in the world which all advertisement you wanted to insert here will be seen by everyone.

[zmkriel]

Yes ofcourse, social media has been a big influenced not just in crypto-currency but to almost to all. And one of the reason why bitcoin becomes popular it is because of twitter and facebook campaign. We are in digital world already and social media's Is part of it.

[Blue2012]

Well yes, social media has a lot to do with bitcoin growth. Like me for example I’ve read an article about bitcoin and I got curious about it and now here I am. I guess almost every company uses Social media like Facebook or Twitter to advertise and we all know that many people nowadays are hooked to these social media thing.

[freshm4ker]

I always appreciate social media and they have a big role in helping bitcoin reach people. We must improve the quality of our community activity, in advertising the virtual currency if they accept it. In communications will give users more information and have a very different view of the virtual currency or digital.

[Xester]

Does Social Media Influence bitcoin growth?

Definitely.  The use of social media greatly affects the growth of bitcoin and not just bitcoin but other crypto currency as well.  Facebook is the number one platform to spread news and other new things about the digital currency.  And also through facebook, accessing new sites and different coins is pretty much easy.

[Akupuniard]

Social media making bitcoin community growth and as result new people coming into crytoworld. Hashing power is also growing with new people and bitcoin become more expencive.

[Al-e_x]

Does Social Media Influence bitcoin growth?

Of course social media is very influential once the growth of bitcoin. because social media like facebook, twitter, instagram, it's a lot of use. In social media, when something interesting or trendy, they want to know it, and if they already know that bitcoin can make money or can to invest, surely they rush to learn it.

But when it comes to talking about television media, they mostly try bitcoin by spreading the obscure news. like in my country. So we should not be too confident to the television media, because they usually just confuse it.

[YinShuiSiYuan]

Social media certainly affect the growth of bitcoin and other cryptocurrencies. They provide wide and quick access to messages and also promote bitcoin among people. Although the impact can be both positive and negative.

[alexsamudra]

now social media is very trend in social media, now many people know news from social media. now many are familiar with bitcoin from social media, bitcoin growth is now greatly increased due to social media being the number one means for advertising, many now are using social media as a tool for many people to join. even bitcoin is one of the best forums you should use to earn income from it, so you will use social media for what if it is not looking for news or looking for a job.

[diwataluna]

I saw a study comparing Bitcoin price charts with Google Search charts. I will look for the link. It makes sense in that social media amplifies sentiment, whether FUD or optimism.

[batman12345]

we live all-round using the internet we live in the era of information age. certainly with the internet including social media that can be achieved by everyone...

[fizzylizzya]

of course it is could be one of many factors that bitcoin prices went up or down. because in social media, many news is being spreaded. and if there's a good news about upcoming event on digital currencies, it will have a good impact on the prices.

[kaizerblitz]

Yes of course it's a big help to influnce social media many of my friends knows bitcoin because of social media they are now investing and hodl bitcoin.