Does Social Media Influence bitcoin growth?

[YoungMaster]

Does Social Media Influence bitcoin growth?

Not at all.
People in my country in majority are using Social media as Their daily use, But 80% of them still don't know what is Bitcoin or even altcoins and Blockchain.
So I think bitcoin growth isn't influenced by social media, but through advertising and News

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[maihoangminh1808]

Yes, of course. The social media makes more people know about bitcoin , reseach , trading bitcoin. Bitcoin becomes more popular, they bring bitcoin closer to normal life when paying bills, buying things by it. And you know, bitcoin is limited.

[Bonakid]

Yes they affects in growth of bitcoin,because many people encourage in bitcoin due to their advertising and that's why the demand of growth is increasing.Its been more popular especially in terms of payment system many of us wants this easiest way and comfortable transactions.

[russ26]

I think social media had a great impact in bitcoin especially twitter and facebook. I usually see advertisements in that social media platform showing bitcoins and also some of the news pages make an article/headlines about bitcoin that make bitcoin more popular in the mind of other people that does not knowledgeable about bitcoin.

[Reid]

Does Social Media Influence bitcoin growth?

I do think a large part of contribution came from the social media.
It is widely spread there and it is easy to advertise with just reposting or retweeting every news that will happen.
With just that, people can bump into it and can be a new investor.

This price increase could have been because of that.

[wall101]

yes because bitcoin is raised by social media because you just post bitcoin to your facebook I think they will try it because many people also need to earn money for bitcoin, but for sure because I just met bitcoin on facebook because many people share it and it's a big deal here and it's just a quick process to earn it.

[brotherwood12]

yes , social media have big power to make something viral , just like me im surfin on facebok and found a bitcoin news , and from that i know bitcoin and know this forum too

[Angi]

Yes its should social media they will expose and expand the knowledge about bitcoin many of the investors take curious about it so they invest in the bitcoin and the investors satisfied they tell there friends to invest in btc so social media helps a lot of bitcoin growth. 

[Rsj91]

Not only bitcoin but most of the crypto currency. Social media play the biggest role in marketing and spreading the news quickly.

[balakang00]

Today, social media is the most effective way in terms of advertising or spreading information to other people. Bitcoin being involved in social media will give people information about bitcoin that will influence other people to join the bitcoin community specially for people who have financial intelligence.

[caobang]

I often see more ads about bitcoin when surfing the web, it makes us reach faster, the media plays an important role.

[agentx44]

Does Social Media Influence bitcoin growth?

Yes i believe that social media influence and affects bitcoin growth because bitcoin is being advertise in social media's like facebook, twitter, and instagram that bitcoin is becoming more popular and more people gets interested to invest and use bitcoin. That makes bitcoin price increase.

[lvincent]

Yup Social media is one of the way to advertise something and it is not that expensive that's why a lot of people are using this way to advertise. Bitcoin in social media really attracts a lot of people specially now that almost all of people browse in social media all the time but i think the way that bitcoin introduced is a bit wrong cause most people are interested in bitcoin because they can make money from it not as an currency and i think it will have a bad affect in bitcoin growth.

[KevinHD]

Indeed. It helps the Bitcoin Community grow in a larger number by letting them know what bitcoin is, what can it do, and what opportunities it open. By the use of social media, it is easy to make Bitcoin a trend thus many would invest and/or start a job with it. And with that growing community, bitcoin price will grow up high and thevolume will increase.

[Shendy23]

I think it has a big help for bitcoin to grow fast like that. Social media is the best way to advertise something, because people always check there social media to learn new things and ways to make life better although some people just use social media to earn fame or the be stupid as they are but there are also people who do social media to find ways in earning money, so i guess it really help bitcoin a lot

[jakezyrus]

it affects somehow but not really because not all people on social media are interested on bitcoin or any other crypto. majority of people  use social media because of fun and to socialize on their friends and relatives. i think the real one that influences bitcoin is the forum or a signature campaign because most people who uses a forum are computer literate or computer related that likes to know more about technology and innovation or latest stuffs thats happening on the net therfore they are the ones who have really an interest to crypto

[chichiah]

Yes! because it can advertise through social media since many people was using social media it can be more popular.

[chocomartin]

Yes it does. More people talking = more people get interested = more people get involved in btc.

[anil07]

I think social media is a good way for digital market. In the social media is the great way to reach the new people for new investment in bitcoin.
many way to use advertisement for bitcoin like Facebook, twitter, watsapp etc. fastest way to reach the people. 

[skorupi17]

Does Social Media Influence bitcoin growth?

Aside from other reasons, social media definitely have a large contribution with the growth. As we know how huge the platform that it really reached almost every person in the world. Nowadays, people are being active in social media even at a young age and even if life is hard. I've seen people in our neighborhood who are fine not eating sumptuous foods as long as they have their means to be connected in social media. And if there is a better tool to propagate btc, social media is a place to go to.