Does Social Media Influence bitcoin growth?

[wortifo_a]

Does Social Media Influence bitcoin growth?

of course, this is very clear, because the process of recognizing bitcoin extends from social media. information is widespread from person to person who is advertising, people's interest is grown also thanks to many social media users who are attracted to bitcoin. Even social media not only affects bitcoin growth, it affects almost all aspects of the world.

[nominee]

Does Social Media Influence bitcoin growth?

Yes. Social media contribute alot when it comes to bitcoin. With the use of social media, there are so many people who discovered bitcoin like my close friends and my cousin also. We all know that internet is a very big influence to each and one of us right now. Social media, like facebook, twitter, and instagram millions of tweets, post and share everyday. Meaning so many people uses it  so many people will see what we have posted about bitcoin. You can also observe that, in a bounty twitter and facebook campaign is always present, why ? Because it is an effective tool to tell other people the new coin or token the bounty is endorcing.

Yes it affects the bitcoin growth positively but it also creates hypes around the project. I don't like this, then bitcoin haters are using this argument in their articles to blame bitcoin.

[Bes19]

Yes social media has a big influence in bitcoin growth. People nowadays rely on social media especially if they see something that they could earn. Social media campaigns is one of the best thing to do to promote a certain coin. It can spread widely and if someone shows a proof they earn a lot on this thing then many people will believe it. That is the power of social media.

[mysacrifice]

Does Social Media Influence bitcoin growth?

yes, social media greatly affects bitcoin growth. Social media is where everyone in the internet connects, it would be a practical way of promoting bitcoin.

It definitely influence because we are all deeply connected to social media channels like twitter, Facebook, instagram, linked-in etc. we all have our another little world in social media and whatever we see tend to influence us. That's why I think social media has a big role in popularization of bitcoin.

[_Mikasa_]

Of course. Social media is the number one communication tool that majority of people use worldwide. And also I think it also affects the bounty campaigns that bitcoin users join and the stories of people who are being successful in earning btc... that is why bitcoin is continuously growing because of the increasing demand.

[1-DevelopEX]

Indeed in fact without Twitter i still don't know bitcoin as fast as its growing, luckily i able to buy back 2016 after a stranger endorsed Bitcoin, i sent him bitcoins after successful year i have with bitcoin

[Kevondo]

Social media has a huge influence on bitcoin or any other coin. Just the other week John Mcafee tweeted that Verge will go to 15$ around summer 2018. It was up till then around 60 satoshi and immediately people started buying them up and it flew all the way into 1900 satoshi range. Let me put it this way, if you have a huge social following, you can easily buy up a cheap coin for $100k worth. Then tweet about it that it's the next best thing without even anything to back it up etc, like Mcafee did, then see it soar to like 30x times higher than you bought it for, dump all and net around 3 mill from your 100k investment in just a day or two. After Mcafee's tweet the volume of Verge was over 1 billion within 24 hours. The rich get richer this way and the average gladly hand out their money to them. Fools are easily parted out of their money as usual.

Social media is a big plat forum because at social medias like at facebook and site related to social media will increase bitcoin or any other item that we will use for popularity and fame so that it will make bitcoin go high also, now every second person is using facebook and twitter and instagram means all social media sites so yes it can be prove best for bitcoin.

[Thasins61]

Does Social Media Influence bitcoin growth?

Social Media Influence in every things, they make bitcoin famous and one of things that make  bitcoin growth.
it have good effect because we trust in our friends

[todiefor17]

Does Social Media Influence bitcoin growth?

The real thing is that Bitcoin is being affected by the media. Many listeners say Bitcoin is an unbelievable place where hacker attacks can be. These have raised concerns about Bitcoin's future

[elfoldo]

Does Social Media Influence bitcoin growth?

Of course they do! Usually, social media is used for this, so that more people are involved in bitcoin.

[Rony24h7]

What is happening and what will happen that all are influenced by social media. We can check online for solution if we don't know about anything.
which products advertisement is more attractive and touches deeply at the mind of us have to more chance to liked by us. Any bank or banking and inline exchanges impact very dangerously by social media. Many people decide to choose their choice by the rating of others and it all happens by social media. Though bitcoin is a place where people can invest so social media can influence on it for sure

[automail]

Yes. It depends on how you define "growth of bitcoin". If you were referring to "popularity", social media is the best way to promote bitcoin.We can communicate with millions of people on social media with just one post (shared by followers). Social media is a huge factor why bitcoin is popular today. Bitcoin will not be as popular today if not for social media. I won't even know about bitcoin if social media doesn't exist.  Googling it will not be enough so I am thankful for social media. Good thing there's something that social media is good for.

[Mhedz]

yes,social media has the major influence with the bitcoin growth.If there is no social media,i thought it won't be known and even us,maybe we don't know about it.i know most of us get to know bitcoin because of social media.

[benalexis12]

Yes Social Media is one way to influence bitcon that's why it keeps increasing. governments should teach their citizen on how to use bitcoin coz its like a gold asset that needs to hold for long term.. We should influence others we are game changer here..

[genology]

Since bitcoin originated online, I think advertising or spreading Bitcoin through social media is a less costly but effective.way to reach target market. It is the most appropriate place to spread knowledge about bitcoin.

[fleda]

Does Social Media Influence bitcoin growth?

Definitely yes. Nowadays social media is now a powerful source to influence other people. We are now in a modernize world and all of the information that we need is all in a social media or internet sites. So I believe that one of the factors why bitcoin is getting more popular to the other people is because of social media.

[MrJake]

Yes, it a affects directly Crypto since it is one avenue to which advertisements can be done. This is what investor may take advantage.

[kingcoiner001]

Does Social Media Influence bitcoin growth?

yes because any type of news on social media spreads like wild fire on the internet

[Lyne01]

Does Social Media Influence bitcoin growth?

Social media made the Bitcoin popular. Social media has a great impact in our society now. Almost all the people in the world has accounts in social media. If all of them will read Bitcoin in the social media platform, instantly, Bitcoin's popularity will be like that of Hollywood celebrities. Also, it contributed on the price and value of Bitcoin. Thanks to social media.

[Bitcoinbitcoin0909]

Does Social Media Influence bitcoin growth?

Yes, social media makes the bitcoin growth and popular. Since we are all in modern or technological age, most of the current issues and events are found in social media. In compared to this, because of social media the bitcoin is shared and known by social media users. Thats why they are bitcoin 'users' now. And it will be a big help for bitcoin because many investors will imvest and many users will become investors.