Does Social Media Influence bitcoin growth?

[WhichIsGood]

Yes, and arguably the most widespread way of making bitcoin and the whole crypto known to the world. Social media has become the most used outlet for disseminating information nowadays. Without a doubt, Social Media has helped the growth of Bitcoin.

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[darefreads]

Yes it really does. many people can see it in social media and I'm sure they gonna try it. I also see bitcoin in my social media before then I use to search of this and try.

[redhondaxrm125]

Does Social Media Influence bitcoin growth?

Yes it does without a doubt.
Since a lot of peole are already into various social media sites nowadays, developers often target social media sites for advertising. And we all know how important proper advertising is important for crypto currencies. I myself have gained interest in cryptos because of resding something about it on some social media sites.

[abel1337]

I think social media is one of the best way to influence others in discovering bitcoin and gaining their curiosity. Even me before , I was just scrolling on my facebook newsfeed then I see bitcoin news like that , And then I started to be curious because that time Im  Finding a way to start earning money online. Even my friends that I didnt know that they are using bitcoin is being influence also on social media's.

[tuanvie]

Well of course at least it helps to more people to know about what is Bitcoin or blockchain or maybe other cryptocurrencies.. And i also believe that positive comments in social media leads people to invest in Btc.

[jancukiyah]

Yes, of course social media effect the growth of bitcoin. Because there's so many information about bitcoin, facebook, twitter, youtube and so many more. All the people in this world know about bitcoin from social media and then make bitcoin grow so far.

[lexkiee28]

I think so. Social media nowadays are big factors that affect bitcoin growth. It is a good way to promote or advertise the bitcoin because millions of people are using social media throughout the globe.

[The_prodigy]

Does Social Media Influence bitcoin growth?

IN a way yes especially that social media is considered as the world’s greatest influencer nowadays. it is very important to know that the more bitcoin and cryptocurrency gains popularity the more it is able to be knwon and have an effect on its market

[justyourkuya]

It does! Social media serves as the virtual human senses for internet savvy. It can be the ear, eye, and mouth through which the news about cryptocurrencies like bitcoin were discovered. It can help individuals to know more about bitcoin and how it works. It's widespread for it promotes and advertises bitcoins.

[L00n3y]

Does Social Media Influence bitcoin growth?

Definitely yes. Social media can be used to advertise anything and everything and that includes bitcoins and at the same time it can also be a tool for its downfall.

[bitcoinhunter1221]

In my opinion, social media really do affect the growth of bitcoin and also other altcoins around. Because some or most of them do have campaigns which involves media campaigns to spread the word for them.

[akiraminai]

Yes, apparently social media is well known today. Most of people visits social media sites and believe words stated in there. Products being introduced in social media is apparently being well known all over the country

[nidacoinlove]

To some extent yes there are a lot of advertisements on social media about bitcoin and the altcoins that spread awareness in the users about it. The blue screens are now a days the fastest track information sharing tools with a great successful result ratio.
Facebook book, Twitter, telegram and YouTube are the famous sources of advertising ot the new era.

[sorin90]

I'm sure it does. There are a lot of news there that influence the price, a lot of ppl talking about it, and recently a lot of ads with it.

[Dudeperfect]

News articles with catchy titles bring some eyeballs which are curious to learn more about Bitcoin but to be honest, I do see the scammers are getting most of the benefit from social media as I have encountered more than 100 ads so far having a suspicious background. Down the road, social media will help Bitcoin to grow but that won't be as much as mouth to mouth publicity in my opinion.

[k_kuchkarov]

Does Social Media Influence bitcoin growth?

Naturally affects!
Any news, article, advertisement, talk about bitcoin increases the number potential buyer. That in turn increases the demand for it and the price of bitcoin goes up.
And vice versa from negative opinions, etc. demand is reduced. Of course this is not as dangerous as whale games

[bitllionaire]

Does Social Media Influence bitcoin growth?

Definitely yes. Social media can be used to advertise anything and everything and that includes bitcoins and at the same time it can also be a tool for its downfall.

Social media is the most effective way of propagation of something. I think bitcoin is already playing the key role in bitcoin growth. In such places specially in backward countries where their media is not so strong, or social media is not so good because of lack of availability of internet, thee bitcoin is also not so much popular. While in modern country bitcoin is now becoming more popular because they have better access to internet and their social media is more strong. People have very good contact with each other and they can transfer informations in a very very short period of time.

[Fulmand]

Does Social Media Influence bitcoin growth?

Definitely yes. Social media can be used to advertise anything and everything and that includes bitcoins and at the same time it can also be a tool for its downfall.

Social media is the most effective way of propagation of something. I think bitcoin is already playing the key role in bitcoin growth. In such places specially in backward countries where their media is not so strong, or social media is not so good because of lack of availability of internet, thee bitcoin is also not so much popular. While in modern country bitcoin is now becoming more popular because they have better access to internet and their social media is more strong. People have very good contact with each other and they can transfer informations in a very very short period of time.

Absolutely yes,  there is a big contribution to the market and all over the world when social media is concerned because it can delivers a beautiful image and a good details in a form of advertising directing to a product or subject that gives interest to the viewers or and buyers that wanted to try or test the product in person.

[aray80]

Yes of course social media affects its growth, because bitcoin does use to introduce its products or projects through advertisements in some social media applications ...

[SummonKing2]

That's a great help for bitcoin. because so much social media uses almost everybody in the world knows it. So if social media with bitcoin recognition is certain it will become more familiar and superfluous. And so much will know it and will trust it.