Does Social Media Influence bitcoin growth?

[lyoth]

Word of mouth is very strong in Bitcoin. We really need to help spread the word so more people can hear about it and join the train!

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[Rozita]

Everything that makes bitcoin more known will cause it to grow. I don't think there is any thing more helpful than social medias. Every day many new people know bitcoin on social medias.

[merlyn22]

Does Social Media Influence bitcoin growth?

a big YES a social media has big influence to intruduce bitcoins on people. Social media is the reason why i known bitcoins. I first see bitcoins on facebook.

[YTBitcoin]

Does Social Media Influence bitcoin growth?

Yes it influence the growth of bitcoin. we can see that social media has a very great affects on the promotion of bitcoin. It is because of social media which is giving awareness to the people about the benefits and demand of bitcoin and because of that people are attracting to it and they are attracting investors to invest their money in bitcoin and because of that people are doing further research about bitcoin.

[katrimans]

Does Social Media Influence bitcoin growth?

of course, because so many people are starting to talk about bitcoin through social media and it affects new people who see it. This can be seen in the many content that discuss bitcoin in social media such as Youtube, Facebook, Twitter and others. This is a good thing that can make bitcoin growing and popular.

No one will disagree with me in the point that social media is the fastest way of spreading the news no matter it is good or bad hahaha. Have you ever that why social media has become the fastest and the most followed media?

To me the answer to the above question is “all that happened due to change of the way people think and the easy way to access media “same is the case with bit coin .it is the easy business one can do.

[criz2fer]

Does Social Media Influence bitcoin growth?

Of course, every people today are viewing social media that give every one an edge to share everything which are good for the market. Specially facebook. Recently, they also have ads in my messenger which I was amaze because some altcoins that I have joined was also advertise there. With a seconds of preview every time you browse your facebook, bitcoins and other crypto currencies are being known from this that really makes a big difference in advertising.

[joesan2012]

Does Social Media Influence bitcoin growth?

What is really the help of social media when it comes to bitcoin and cryptocurrency.? There's a lot of benefits does social media help about bitcoins growth , the bitcoin is becoming mainstream in the world of social media ,its also spreading news regarding bitcoin ,some massive advertisement is really helping bitcoins growth. But sometimes social media used to scam people who doesnt have any idea.what is bitcoin and cryptocurrency is, so my suggestion do not rely on social media. always takes time to do your own research .. Cause not all of what you can see on socialmedia is true, there are some lies. Goodluck mate.

[diegz]

Probably some of us know bitcoin thru facebook. I my self see bitcoin in an ad in facebook, and it catches my interest.

Social media is a good tool to spread the news about bitcoin. What's bad about it is it also bring in those who are in a hurry to make money but without enough knowledge about bitcoin.

With regards to the price, I think social media could bring in few investors, but I think the major players/traders are still the one playing a great role.

[yourialfa]

Does Social Media Influence bitcoin growth?

Of course. Everyone who does not know bitcoin must have heard from social media. Of course it affects the growth of bitcoin because it is increasingly popular and widely used in the community. I think bitcoin will continue to increase as its popularity.

[btcprospecter]

Nearly every form of media affects bitcoin growth. An social media is more far reaching than the likes of news media. People that were not to up to date with crypto currencies in the last couple of years are probably seeing more and more of it through social media.

[cryptocogs]

It certainly does influence bitcoin growth along with many of the altcoins.

[gilangIDR]

Nearly every form of media affects bitcoin growth. An social media is more far reaching than the likes of news media. People that were not to up to date with crypto currencies in the last couple of years are probably seeing more and more of it through social media.

True, social media is a thing that does have a huge impact. Social media has a very large user level and when an information develops in social media then it will be very fast. Everyday I use social media and it has proven to be effective for developing bitcoin much better.

[PhucS]

Yes, I think it's influential. Today, most of the information in the world is well known through the media, important announcements and discussions appearing regularly on online forums, the number of users media such as facebook, twitter or reddit have increased and they can discuss Bitcoin as well as cryptocurrency on those media. Social media plays an important role in making information public, which makes it more popular, contributing to the growth of Bitcoin. I think it is an integral part of the growth of Bitcoin

[kpcian]

Yep! Social media is a great tool for digital marketing. And by advertising bitcoins you make more people invest in it, so in that way it has influence on bitcoin growth 

Obviously, Social media is playing a vital role regarding growing Bitcoin at present. I believe that Internet marketing is solely dependent on the social media platform so that Bitcoin promotion also gets benefitted by the social media. A lot of pages and site has played tremendous work for the promoting Bitcoin. That's why no one can deny the contribution of the social media for Bitcoin.

[mrayazgul]

Does Social Media Influence bitcoin growth?

I believe social media can help bitcoins growth. Almost everyone connected with Facebook,Twitter and with Instagram. So i think social media is the best source of promoting. Its a way to spread new rapidly. Many investors target Facebook and twitter to gain traffics.

[LordDisick]

Social media is the biggest contributor of bitcoin growth these days. A lot of people are able to know about bitcoin because they saw it being advertised in facebook,twitter and Instagram. You know people nowadays being in social medias are part of their daily lives.

[romecheo]

Almost all Nation that reach by the internet are now link to social media.

According to survey, some people spend 4 hours a day on their mobile phones in 2017 and if we look for the number of people who own smartphone.

In just January of this year, there's about 2.4 billion people are using smartphone and continue to increase by 10% every year.

And there's about 7.5 Billion internet user worldwide.

That's how social media and internet have a great impact with Bitcoin.

http://mobilemarketingmagazine.com/24bn-smartphone-users-in-2017-says-emarketer
https://hackernoon.com/how-much-time-do-people-spend-on-their-mobile-phones-in-2017-e5f90a0b10a6

[care2yak]

it contributes to the hype. when one says that he's got bitcoins and sold them at a really awesome price or that bitcoin is a lucrative source of fiat currency, and posts that to facebook, twitter, forums, and other social media then it's going to get a lot of attention. there are still lots who want to get money easy, and well, bitcoin helped make money easy for a lot of people. it made it easy for hardworking people, geeks, risk-takers, single parents, grandparents, etc. it made it especially easy for scammers too, unfortunately.

[Rath_]

In my opinion, social media have a great impact on Bitcoin growth and popularity. Many young people use social media every day so that is why it is a great place to advertise Bitcoin. However, we would have to try to think of a good ad which would encourage young people to invest in Bitcoin. Talking only about profits isn't a good idea because there is always a small chance that Bitcoin will crash.

[perfect999]

Social media is the main engine for disseminating information about crypto-currencies, bitcoins and all that is connected with it. Thanks to this information feed, the number of investors is growing, and Bitcoin's price is also growing accordingly.

Yeah this is so true. Social media is the main source of spreading any raw information to the whole world within some seconds. There are many ways to handle this social media campaigns and bitcoins have such department who are on this from last few years. Like you can say, there are so Many trending videos on internet now a days explaining about bitcoins and all this stuff.