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Author Topic: Does Social Media Influence bitcoin growth?  (Read 5148 times)
mariah.sadio
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February 01, 2018, 02:35:17 AM
 #1281

My answer is yes. Social media is a big help for bitcoin to grow. All of bitcoin investment sites and ICO gains a lot of participants through social media platforms. ICOs also offers bounty for social media sites because they know that social media platforms will help them convince potential investors for their tokens. Bitcoin investment sites were also spread through social media nowadays special from platforms like facebook and twitter. They are also starting to offer or hire people for telegram bounties because telegram population is getting larger. Many investment sites' investors were from social media campaign. Investors find it easier for them to trade digital currencies when someone is posting from their wall. There maybe some sites posted to facebook and twitter that are just scam but there is also legit sites and really pays people from heir investment. They just have to find someone who already have an account from an investment site and prove that they are paying when this certain user really received payment from them. So in short, social media sites are really helpful for bitcoin and other digital currency.

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friendlychap
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February 01, 2018, 02:37:19 AM
 #1282

Sure thing it does, social media is the most powerful thing we have invented in the 21th century. Massive channels of advertisement and at very cheap prices, people's choice is what brings most profits to companies and persons nowadays, becoming viral is what bring bitcoin to the value it has right now, and being pumped in social media is indeed a way to achieve it. Remember pump's n dumps by McAffee. Twitter was what made these possible, and I can continue the entire day...
callmetonny
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February 01, 2018, 02:44:25 AM
 #1283

Absolutely. Through social media information about Bitcoin will spread and while it is being known by many they will continually learn and be knowledgeable about it and that it is for sure a way that Bitcoin growth is positive.

It could be negative or positive...
asu
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February 01, 2018, 02:56:24 AM
 #1284

Thats true because nowadays social media is very influential right now. If we have no time to watch a television because we are busy from work we use social media to become knwledgable in what happen in the world. Social media help bitcoin to grow that because many netizens are not informed about the benefits of bitcoin so nowadays they found bitcoin through social media

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sicnarfkswiss
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February 01, 2018, 03:11:06 AM
 #1285

Does Social Media Influence bitcoin growth?


Social media networks play a vital role in the development and operation of bitcoin as well as a way for their users to communicate.The trading market in the cryptocurrency can fluctuate up and down depending on the character of the news being spread on social media.Information sharing is a vital part of developing and running a cryptocurrency like Bitcoin.
This widespread popularity has helped to popularize a number of different cryptocurrency solutions. Obviously social media greatly Influence the growth of bitcoin.

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Lifback
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February 01, 2018, 03:23:24 AM
 #1286

Yes, because with the social media people know for the development of the news is now good for crypto money and any other news. With the existence of bitcoin curious and curious people.
jundy020
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February 01, 2018, 03:26:43 AM
 #1287

It depends to the people of how he/she see about bitcoin, if he see that his relatives and friends that they are losing money because bitcoin price is going down then there's a big chance that this man will noy invest to bitcoin and the bitcoin will still go down. On the other hand, if he see that advantages and profit of bitcoin and how bitcoin changes other people then that man will have an interest of investing to bitcoin and the price may go up until he sees his profit.
Zabrielle
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February 01, 2018, 03:28:37 AM
 #1288

Yes! Social media is the biggest influence about everything. It will spread like virus when you put it in a social media like facebook. In the case of bitcoin, i saw an advertisement in fb regarding bitcoin before but didnt mind at all. But when most of myfb post somerhing about trading in bitcoin and show there income for a short time that when i start asking. I thought i was the only one in my fb friends are into bitcoin later do i know, some of my colleque are also in bitcoin like doing signature campaign amd trading. I saw their post in fb.
fishball
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February 01, 2018, 03:45:43 AM
 #1289

Does Social Media Influence bitcoin growth?



Indeed! Nowadays, different forms of media have been very influential to people. Media have this great impact on people's lives especially when it comes to advertising. Not just for advertising but also for sharing your thoughts and overwhelming experiences from something like bitcoin. This will definitely catch the people's eye and they'll get curious about it. Then that is the start of popularity of something like bitcoin.
jazpreti
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February 01, 2018, 03:49:12 AM
 #1290

Absolutely! Because of Social Media, bitcoin is now so popular around the world. Bitcoin will never be that famous without facebook, twitter, instagram or any social media platforms. People is using social media to earn bitcoin as well. In my case, I will never know about bitcoin if social media does not introduce it to me. So we should be very thankful that we Social Media to support bitcoin.
Kahoy01
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February 01, 2018, 04:16:09 AM
 #1291

The popularity that social media sites offered bitcoin in the past few months has been a great contributor to the rise of bitcoin's value last December, We can say that it positively affects the cryptocurrency industry because it gives popularity to the product itself, therefore drawing in people that are interested in investing on bitcoins

sailordgold
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February 01, 2018, 04:20:10 AM
 #1292

Does Social Media Influence bitcoin growth?



of course, social media is a big factor in bitcoin growth.Social media is a way to get to know the whole world.Any post from social media can affect the price of bitcoin and its help people understand about bitcoin.All of us are now relying to social media like facejook, every time we do something we post it. So i can say that social media has big impact in our daily lives.
lilmansbride
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February 01, 2018, 04:20:44 AM
 #1293

Does Social Media Influence bitcoin growth?



For sure, haven't you checked the services section full of campaigns merely based on social post and re posts ?
jinxing
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February 01, 2018, 04:31:13 AM
 #1294

Social media is very influential in the development of bitcoin. For example facebook, with public fb will receive various news or sites. Not a few days people already know facebook. So soon will bitcoin grow and I hope with bitcoin social media will always be successful.
jkv_crypto
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February 01, 2018, 04:33:39 AM
 #1295

Of course, social media can give a huge imact on anything. You can see yesterday Facebook banded advertising cryptocurrency related things such as ICO's. Price of all coins were fell down drastically within a few hours. That's because of Facebook's action against the cryptocurrency. That's my opinion.

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February 01, 2018, 04:34:27 AM
 #1296

Yes indeed.Most people get to know about bitcoin through social media trends.Analysis  of social media is a key factor in trading.l After seen this trends even people who are not involved tend to get involve in crypto currencies.Then they ask someone what is the best coin to buy.Anyone would surely say that bitcoin is the best.So consequently the amount of bitcoin on the market get reduced. Anyone wouldn't release bitcoin.They would hold it for future.So it is obvious why social media influence bitcoin growth.

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care2yak
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February 01, 2018, 04:51:53 AM
 #1297

social media helps create and spread awareness about bitcoin and the cryptospace.

if someone's interest is piqued by cryptocurrency information trending in social media, then that'll influence that person to learn more about the cryptocurrency ecosystem. if they're convinced that the technology is good and are driven to invest in the crypto, then they add to those who want a fraction or more of bitcoin, hence growth.
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February 01, 2018, 05:38:36 AM
 #1298

of course social media affect the growth of bitcoin because a lot of crypto coins that do bounty with social social media
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February 01, 2018, 05:44:30 AM
 #1299

Social media is a real help in bitcoin growth, as most people already have social media. Even with social media bitcoin campaigns getting faster. The more people invest, the bitcoin growth will be faster.
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February 01, 2018, 05:54:12 AM
 #1300

Yes, because bitcoin can discuss even in social media,because in our new generation,most people depent and easily adapt many changes in our generation. Bitcoin is digital currency and it is one factor why bitcoin can grow in their own characteristics. Most of bitcoiner are influences by their friend or family not only in their side but by discussing it through social media.
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