Does Social Media Influence bitcoin growth?

[glaciercapital]

Yes. Since social media is a big advertising medium, making bitcoin popular and having more investors is easy. Advertising bitcoin may it be paid or not using social networking sites would have a big impact on bitcoin's performance. Not only bitcoin but also, as far as i know, there are jobs online, specifically in the said medium, pay in bitcoin.

Twitter has become the bloomberg of crypto. So much activity, with a very vibrant online community

[megalith07]

Web-based social networking is exceptionally affected by BTC yet as opposed to having a negative impact it makes the group more keen on BTC and this likewise makes the BTC more steady after some time. Now and again the terrible news in the media additionally made the BTC a tad lower yet it didn't influence the BTC as it at that point expanded again and achieved higher breakthroughs.

[tienigarazz]

Yes, social media has a big factor why the growth of bitcoin is increasing.
All of us are now relying to social media, every time we do something we post it. So i can say that social media has big impact in our daily lives.
So if someone post about bitcoin, some of the people who read this will got curious and it is the start of getting involve in bitcoin.
The more people getting involve, the higher the demand. The more investment will come.

[Suzan]

Maybe yes, depending on the news that appears on social media. Social media gives a lot of information including bitcoin  to many people even the whole world. If the news is positive, it will automatically increase the price of bitcoin. While the negative news will have an impact on the reducing bitcoin price.

[deepakg2m]

Obviously yes, social media is one of the major source of BITCOIN's growth.Many people are using facebook,twitter and many other social sites for promoting BITCOIN as well as other cryptocurrency by which they gain advantage also.Actually it is only social media that made people from all over the world to know about BITCOIN or cryptocurrency and nowadays is helping to get regular updates about cryptocurrency

[Cryptosaint$]

Does Social Media Influence bitcoin growth?

It has started to in the last 5-6 months or so. Twitter, Reddit, BitcoinTalk. All of these platforms are being leveraged by traders, tokens, and ICOs to spread the word and help this budding economy taje off.

So I think Social media has a massive influence currently. I can't see it being that way forever tho. But who honestly knows?!

[valentinen39]

Does Social Media Influence bitcoin growth?

yes because of social media the bitcoin is growth. social media is the one of most reason why bitcoin is discover of some country in this world its because some people got advertise it into the social medias like facebook,twitter and all the sites that they advertise bitcoin!

Exactly, Social media is one of the reason why bitcoins is very popular today and this the bridge for ico's to gain more investors from their tokens. The only bad thing about social media is that, It can be also used to create black propaganda to hinder those people to invest from bitcoins and some people are spreading the news like bitcoins is a scam but aside from that social media is very helpful to have more people believe on bitcoins success.

[PalindromemordnilaP]

I believe so since a general growth in populatity is a direct benefit to crypto currencies 

And social media plays a major role of bringing a certain digital currency into hype or fame. That is why, ICO uses social media campaign to help spread the word their ICO brings.

[globalctzn]

The answer to the question is an emphatic YES. The social does not just influence the growth of bitcoin it does determine its popularity and level of adoption across the globe. Just the same way the social media impacts on every other economic system the cryptoworld is not left without its massive influence on the system. How many people will get to know about bitcoin and blockchain without the exposure that social media give to this new, young and growing economic system?

[zitbau]

Yes It affects bitcoin a lot. It helps people understand bitcoin, and makes bitcoin more human-friendly, social media is the best way to promote bitcoin.

[sergio red]

Does Social Media Influence bitcoin growth?

Obviously, Social media has played a tremendous role in expanding the virtual currency platform. At present, Social media is one of the vital platforms for using promotional activities, because of the popularity and people is using this platform in their daily life. people of every ages are getting all type of information from this platform like Facebook, Twitter and other social media tools. So it's true that Social media has played an important role regarding this issue.

[teejayrichard2]

Yes social media does influence bitcoin growth.  A negative or positive post on social media by people or bloggers can influence the price of bitcoin.

[acener]

Does Social Media Influence bitcoin growth?

Fortunately, it dramatically increases the influence of bitcoin growth. The thing is through social media a person can get famous this is why we have YouTube and Facebook sensations. Now, imagine if bitcoin gets to as famous as them. I guess there's no stopping bitcoin.

[Gagamboy]

Does Social Media Influence bitcoin growth?

As we all know, some bounties includes social media campaigns because they know that it is very influential nowadays. Anything can be dessiminated all over the world through social media within just a short span of time. The influence of bitcoin is indeed being spread all around the world with the help of social media and we should take this advantage to spread more knowledge to people about bitcoin.

[Pantastikman]

Does Social Media Influence bitcoin growth?

I think it does contribute greatly with the spreading of influence in bitcoin since social media is being used by each and every person living in the world right now. It does not just simply makes life efficient instead it makes it more enjoyable since you can interact with your foes. If the continuous spreading of influence in bitcoin will continue on social media, it will make it more easier for sure to make way for bitcoin as the world currency.

[elie_s]

It's been a while in my Facebook home page I see sponsored add of bitcoin I have a friend who never heard of bitcoin before telling me he read abt it in Facebook
 So in a way social media will and are playing a role in introducing bitcoin to the masses

[Grayy]

Does Social Media Influence bitcoin growth?

Social media influences everything these days,not only bitcoin growth. I didn't believe in bitcoin when i was told about it until I started seeing rampant news about bitcoin in social media. I would be compelled to read about BTC everyday I go to Facebook or twitter. I'm awed by the number of people joining the crypto currency world and good knowledge they show on social media. Social medial are making people join BTC more and more.

[Clairee Aimee]

Yes , bitcoin social media  help bitcoin growth.

many people corious  bout bitcoin from social media..

[Kadal Ijo]

Yes of course, many users are using social media to share all the things about bitcoin so make their friends curious, I also know bitcoin and ICO from social media.

[AnnarioN]

Of course, people think that they can get easy money fast, and  get rich, but then they find out that it's not that simple that they need some knowledge and they just giave up. All in all it has some influence because they buy btc and price is increasing but they sell it immidiately so it's all short term.