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Author Topic: Does Social Media Influence bitcoin growth?  (Read 5143 times)
trashvin
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January 06, 2018, 11:42:48 AM
 #841

Does Social Media Influence bitcoin growth?


We are all aware how famous bitcoin is right now and I think social media has a lot to do with the popularity it was able to gain. In just a short span of time, sharing something about bitcoin in social media can easily spread all over the world in just an instant. Although this is the situation, we can't still conclude that social media plays it all but what it does is it only helps in spreading the knowledge.

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January 06, 2018, 11:43:32 AM
 #842

I do not think that social media influences the growth of bitcoins. People are attracted by information about the growth of the asset in price, if it were not, then social media would not have written about it. So the reason is bitcoin itself and its properties. The rest is consequences.
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January 06, 2018, 11:46:09 AM
 #843

Yes social media influence the growth of Bitcoin because some people uses social media often and also now all information is now base on social media . 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.
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January 06, 2018, 11:52:02 AM
 #844

Of course social media is very influential on Bitcoin growth. Bitcoin will not be this popular if it is not a Social Media. And many surveys say that the most effective for promoting a product is Social media. No doubt if many people who have social media accounts like Facebook, Twitter, Instagram and many more.

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January 06, 2018, 11:55:19 AM
 #845

Well Of course it does, Social Media is the easiest, Effortless and reliable medium in promoting and spreading the news of bitcoin. As it spread or increase in the usage of bitcoin by many people, there are those investors that would be entice to invest in bitcoin that way it will increase the value and number of Bitcoin in the market. Furthermore, as BTC increases in value so as Investors in the market do their activities in investing the higher the value it would be to BTC.

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January 06, 2018, 12:00:02 PM
 #846

Does Social Media Influence bitcoin growth?


Social media is known to be a very influential medium nowadays and you can spread some issues and informations on it faster than you expected. Endorsing bitcoin on social media plays a big role in helping the spread of information be processed quickly. Bitcoin and social media are both influential and they both benefit to each other for some reasons I think.
In additional social media helped to let many people around the world know about bitcoin. If many people are doing this in their social media accounts, it means that bitcoin is very popular now. Aside from that, bitcoin has given many people many opportunities in earning money and lifestyle of people has been changed.

Directly Social Media do not affect Bitcoin. But as a source of information and a place for sharing experiences, they are very important.
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January 06, 2018, 12:18:52 PM
 #847

Does Social Media Influence bitcoin growth?


Yes it does. Social media influences bitcoin's growth. Based on my observation, since bitcoin was advertised on some social media sites last year, it also attracts people to invest on it. Not only the advertisment helps to influence bitcoin, but also the posts of the social media users.
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January 06, 2018, 12:27:26 PM
 #848

Does Social Media Influence bitcoin growth?


Yes, and honestly because of social media bitcoin became popular and known by people. Social media has a big participation why it easy to get users and investors that may invest in bitcoin. And also, I witness how the bitcoin become popular because of social media one of this is facebook, it is advertise in FB. And also the bitcoins user which post and shre their feedbacks about this btc.

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January 06, 2018, 12:32:17 PM
 #849

Of course it does. The more people learn about bitcoin, the more capital will come. It is for this reason that the new ICO needs a bounty campaign. As they say, demand creates supply!
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January 06, 2018, 12:59:14 PM
 #850

Does Social Media Influence bitcoin growth?



In my country (INDIA) more then educating about bitcoin it has become like warning about bitcoin..There is no proper guidance about it in social media or
in any kind of tele media..due to this there are lot of misconceptions and rumors about bitcoin..and lot of them are not having patience to just go through what its been published or to know the facts right ..
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January 06, 2018, 01:20:51 PM
Last edit: January 06, 2018, 01:35:47 PM by Aryadwipanggah
 #851

I think social media greatly affects bitcoin in terms of popularity, whether it's via tv, facebook, twitter and other social media.because so far the media often preach, upload about bitcoin so that people who do not know about bitcoin to know
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January 06, 2018, 01:36:39 PM
 #852

Does Social Media Influence bitcoin growth?


[/quote

Yes ofcourse, Bitcoin has been chosen by many because of the Bitcoin users trying to convince people to support bitcoin because if the demand increases, Bitcoin's price will also increase. Hence, Facebook, twitter and other social media sites has been used to spread the news about Cryptocurrency. They developed videos, posts and other things that makes people be convinced if they watched or read it. And now, Bitcoin has been spread to many countris and its growth is increasing and increasing.
Goldberg007
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January 06, 2018, 01:44:20 PM
 #853

Yes ofcourse social media influence the growth of bitcoin through Twitter and Facebook.And also the bitcoin users  post and Share the feedback about the bitcoin.
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January 06, 2018, 01:46:12 PM
 #854

Does Social Media Influence bitcoin growth?




I guess yes, this time the news is faster than social media than the television newscast. Social media is part of the development of digital technologies including bitcoin.

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January 06, 2018, 01:54:50 PM
 #855

Social media is definitely very important to Bitcoin growth. 1 person is able to spread to 10, 10 are able to spread to 100 and the list goes on. If there are social media around, Bitcoin could actually be stuck at a price few hundred times or more lower than it is currently!

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January 06, 2018, 02:09:31 PM
 #856

Of course it does..bitcoin now is being advertise in different social media ad social media are their medium to be more popular..


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January 06, 2018, 02:14:46 PM
 #857

Yes I think it is very influential because through social media bitcoin quickly spread to remote parts of the country, it is caused because now all walks of society are modern they use social media.
That way more and more people are aware of what bitcoin's uses are and the benefits from it are more and more bitcoin users and I think that's where bitcoin keeps growing and growing.
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January 06, 2018, 02:16:58 PM
 #858

Does Social Media Influence bitcoin growth?


Actually, all kind of social media sites has a big influence in bitcoin growth and because of social media all information and knowledge about bitcoin can be totally spread. In addition to that,  by the help of social media many potential investors will attract in bitcoin.
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January 06, 2018, 02:27:42 PM
 #859

Yes social media can influenced bitcoin growth. Social media has big impact on people today. Only few people are not using social media anymore. The more people talk about bitcoin on social media, the more people will get curious and will eventually check bitcoin.
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January 06, 2018, 02:29:51 PM
 #860

Social media is definitely very important to Bitcoin growth. 1 person is able to spread to 10, 10 are able to spread to 100 and the list goes on. If there are social media around, Bitcoin could actually be stuck at a price few hundred times or more lower than it is currently!
yes man .i agree with you.social media very important for bitcoin .for social media many people know about bitcoin.there earn money.so social media must  be bitcoin growth.

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