Does Social Media Influence bitcoin growth?

[ravedien]

Yep, some of my friends already sharing info in their fb walls regarding bitcoin. Many are being drawn because of this social craze,

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[simonbakla02]

Does Social Media Influence bitcoin growth?

It does, because of social media the bitcoin is rapidly growing sharing and advertising bitcoin are some ways. Other users convincing the society to have bitcoin and these methods influences the bitcoin.

[ghost424]

Yes i guess, because there are still a lot of fluctuations that can happen if we base on the happening on the social media comments about cryptocurrency. Cryptocurrency is still in the process of growing and that includes bitcoin.

[jake zyrus]

Does Social Media Influence bitcoin growth?

Yes social media is a big help for bitcoin. Social media helps bitcoin to promote, advertise. Social media helps bitcoin to encourage the people to join in investing, signature campaign. Social media and bitcoin are partners.

[sindikat]

Social media help spread information about bitcoin but I doubt that they somehow affect the popularity. If a person is willing to use bitcoins it does. The problems that he experiences, he decides on specialized sites and forums. It seems to me that this forum does more to promote cryptocurrencies than all media combined.

[hachiman13]

Social media plays a big part in almost everything;bitcoin is no exception. Majority of what we do is related to social media so there'd be no doubt that through it, people would be exposed to cryptocurrencies.

[Zekemporium]

Yes, social media influence a lot to bitcoin growth. Due to social media many peoples know bitcoin and its advantages over other cryptocurrencies.
Through social media most of the population introduced with bitcoin.

[worle1bm]

Does Social Media Influence bitcoin growth?

Yes of course social media plays a vital role in growth of bitcoin as nowadays the community uses social sites daily and get updated with regular news. So news about btc is spread widely and people came to know about this digital currency which is boosting it's popularity and price are hiking due to investments but it does not mean that some negativity is not spreaded among people.So some time it hinder its growth but at huge scale it advertise it and play a significant role in its development as this is digital era and digital platforms became a neccesity for it.

[f150]

Does Social Media Influence bitcoin growth?

yes I think it really matters, what else through social media. because it really helps the growth of bitcoin, and the whole world also uses social media. So, bitcoin will become more familiar to many people, so users will increase.

[1Referee]

Yes. Bitcoin is mostly overhyped by media. Otherwise it was twice less in price.

In this case it definitely is. If we look on social media, TV, or in the gym, or at work, everywhere we witness how the average person has started to get obsessed with Bitcoin due to the insane growth it has gone through this year. It's not really that they just recently know about Bitcoin, but they just didn't take it seriously before. It makes them feel bad when they think back at how they could have bought at levels far below $1000 last year(s), so they start investing in Bitcoin right now to not miss out (once) again. Most people start investing conservatively, where I strongly believe that they at some point will increase the amounts they are willing to invest in Bitcoin, so in the long term we are up for much more growth. I don't believe that we'll again get to experience current growth rates, but a slower but more steady form of growth is welcome too.

[Nefarious]

Yes, of course social media influences Bitcoin's growth. The increased exposure really helps bring exposure to Bitcoin & in a way helps legitimize it as it becomes something most people are familiar with (I.e brand recognition).

[carelessboy]

Does Social Media Influence bitcoin growth?

Of course I think 60%people learn about Bitcoin from social media.because I know Bitcoin from Twitter.and some months later I start Bitcoin.so I think social media is best idea to growth Bitcoin.

[ShowOff]

of course yes, news, update, even hoax can be spread via social media. especially if you have a lot of follower you can make great influence, that is what developer looks and that is why there are social media bounty

[machinek20]

Of course it influence bitcoin growth, most of the time now people active in social media, news spreading is faster using social media rather than in online news and most of the people introduce or invite people to used bitcoin using social media, social media play important role in developing crypto currencies

[imoet]

absolutely..social media influences the growth of bitcoin. So many people know and learn about bitcoin from social media. Nowadays people almost have social media in their profile and many of them share about bitcoin through their social media. Even each person has more than one social media, so..yes..social media really influence the bitcoin growth.

[samuraijin]

I think it's true that social media greatly affects bitcoin growth, because the bitcoin social media is growing rapidly by advertising bitcoin in the media, such as twitter / facebook and the sites they spread about bitcoin

[Firefox07]

Bitcoin grow very fast because of social media. It also encourage more investor in bitcoin. Without social media i think bitcoin will not reach its value today.

[DrGuns4Hands]

well i can say that it maybe the one reason why bitcoin has growth this much because social media influences us to see bitcoin like how bitcoin works or what can it do, i can see many people sharing the ideas of bitcoin to be the new currency on facebook, twitter, and instagram.

[Dyn@styN3rd]

Does Social Media Influence bitcoin growth?

Yes of course. Most people discuss everything through social media apps now like Facebook, Twitter, IG, Telegram, Discord so I guess one's decision is usually an effect of other's feedback. So if a certain person tells that BTC rates is rising, it affects others as they get curious of what's going on in the crypto world then they'll eventually end up buying their own share.

[icanscript]

In the information society, social media make a decisive contribution to the dissemination of information. Information about bitcoin is no exception.