Does Social Media Influence bitcoin growth?

[patz22]

Yes, It definitely influence bitcoin growth even sudden decrease of it. I have noticed that because of social media and also news about banning ICO's and cryptocurrencies in different country it affected the value of it and I saw once that in our country that when they saw that 1 bitcoin is worth 1 million in our currency suddenly there's a lot of people who got interested in investing into crypto and because of that the value went up.

[jundel]

We can't deny social media is a part of bitcoin growth because of its wide scope. Social medias aims to connect with many people they could reach that has been used also by people to invest or join projects. And because of this its easier to spread information about bitcoin through the internet.

[Rouse_creationsHostel]

Twitter is crazy about crypto!
https://twitter.com/LBRYCommunity <--- This is my Twitter page

Facebook isn't as popular I think.

Maybe because people on Twitter are usually more anonymous, and people don't want to share everything crypto with their friends and family.

[DAVETUN]

The social Is the major platform that has help the growth of Bitcoin,its is the point of awarness,as lots of people vist social media site daily,Bitcoin news, always pop regularly,this gives everyone the privelege join the community.

[onrise]

Of course, social media markets the price of bitcoin through the marketing market, and social media increases the popularity of bitcoin.

This is so true that due to which if we see that any ICO that wants to launches have the social media platform and want to make the bets use of it. Due to which they have various campaigns for promoting their ICO on the social media and get the best impression as compared to other ICO in the league.

[candy21]

Yes and I think social media is the main channel or a tunnel to communicate people. The best way to influence other people joins Bitcoin.

[danie161]

. With social media of which every body is on at least one, posting about bitcoin is display people will read out of curiosity and will be informed and for that people's attitude towards it will change even if they do not use it.As the popularity rose, so does the price.

[nikenv2212]

Obviously yes, people know a variety of news or issues about bitcoin through social media, if a good rumors circulate people will be busy buying bitcoin but if the outstanding issues are bad as various countries will ban bitcoin, people will surely sell a lot bitcoin so bitcoin values ​​also come down. I think it would be good if news in social media is always good so bitcoin value tends to increase, hahaa LOL

[basilyoso]

Yes of course Media plays a big part not only for the growth but for the decline of total market capitalization of cryptocurrencies. Media is so powerful that it can move investors in a larger scale and most of the time the greedy whales and institution are riding it to make more income. But what ever greediness they do they cannot hold us back so we the true believers just hold and do not withdraw. As we can see the crypto currencies is the future, if we only unite we can lessen the greediness of these individuals and institution. The problem is that they are taking advantage the weakness of new investors for their own greed. I hope we can regulate these kind of games soon.

[mr.niwangz]

Yes Of course, a social media is the reason for learning all bitcoin and sharing experiences or advertising especially on social media like Facebook, Twitter and all sites and i think social media will be part of it.

[Seaze007]

Does Social Media Influence bitcoin growth?

Of course, social media is big influence in everyone. Not only bitcoin but also our daily life. But we need to responsible because their are people that will abused other's using social media. In terms of bitcoin everyone now will know bout bitcoin because of social media.

[mashort]

yes i think it does very much, especially twitter and Telegram. these are the native places for all crypto related talk.

[marjon]

Absolutely it does! Social media's act as the bridge between Bitcoin and the users. Without social media Bitcoin wouldn't be that popular.

[Iamdavid]

Social media is actually d fastest and easiest way to know about the btc considering the number of activities going on social media on a daily...I first heard about btc on twitter which is what prompted me to making more research about it.

[coinholic]

Does Social Media Influence bitcoin growth?

It does! Social media has greatly influenced the popularity of Bitcoin for the past years. Due to this popularity, Bitcoin has grown into a commodity that many are trying to get hold of. And due to social media more and more are now aware of its existence.

[fargoway]

Bitcoin as well as altcoins market unequivocally depends on social media activity.
So far is the time, when one man and a tweet can move the market 

[Rkss4]

Does Social Media Influence bitcoin growth?

Great information. Social media especially Facebook, Twitter, YouTube, blogs, reddit, instragram, LinkedIn etc is the publisher of bitcoin. The popularity of bitcoin growth by social media.

[Lecam]

Does Social Media Influence bitcoin growth?

Ofcourse, through social media, bitcoin's growth is amazing. There were only few people who knows bitcoin until they endorsed it in social media sites like facebook, twitter and telegram. Through endorsements, people were informed about the goodness and great profit of bitcoin and there the amazing journey of bitcoin began to be more exciting.

[PatronRH]

It surely does. The media influences bitcoin at a large scale. As bitcoin is a currency that gains value by its use. So with the media bitcoin maby people can hear abour bitcoin and it's pros. And that increases the number of people that trade with it and this way the value increases. Its true that the majority of media are promiting the idea that bitcoin is a threat and its a currency that make criminals escape the law but that not that bad because there nothing such bad publicity. Means people would be eager to know what bitcoin is and they will try to know what is this cryptocurrency and maybe they will trade with it.

[Jessica2009]

      To my point of view social media has influenced greatly in the growth of Bitcoin since most of the total population go through this social medias and can get more news from these social medias through advertisements and watching the televisions and by reading news papers.Social medias can make people encourage and discourage in different fields like bitcoin etc so I firmly believe that social media has a great role in Bitcoin growth also people get motivations through social medias.