Does Social Media Influence bitcoin growth?

[Tatalk]

Does Social Media Influence bitcoin growth?

Obviously yes. Any kind of advertisement influence the growth and if the thing comes to the BTC, things are little bit different because BTC is the superstar of cryptocurrency and it is already that much popular that it does not need any introduction, but yes there are still millions of people that are completely unknown to BTC, social media and other kind of advertisement could prove to be the working hand in this case and even BTC is the the future and everyone should be known to it.

[removebeforeflight]

Yes, social media like twitter, facebook, instagram and other social media are making a mass help in driving bitcoin growth and awareness, the more people who know about bitcoin and cryptocurrency was due to these only. Hope social media would help further growth in future and help the crypto world into a higher dimensional than everyone expect.

[FIFA worldcup]

Social media playing a biggest role in bitcoin. I my self saw bitcoin first time on Facebook i found them interesting thing to earn money, and then i visit YouTube to watch videos relate to bitcoins. There's many pages and group on Facebook they all are providing great info relate to crypto currency and bitcoin also involve them. Many investor use social media to promote there business and that what people can do to promote bitcoins.

[oaz7t]

Social media has played an important role in the growth of bitcoins
Its one reason for the rising price values of bitcoin
People get to know a lot of stuff on social media and get influenced and curious about it
Facebook, Twitter, Instagram have helped bitcoin become so big

[Ctn]

Does Social Media Influence bitcoin growth?

Looking at the nature of bitcoin I think yes that is major influencer of the bitcoin growth. Bitcoin is digital stuff which has no physical presence or it is not a bank where people can visit and checkout the different investment strategy or different locker rooms for themselves. It’s totally digital and the only way it can spread amongst the world is through social media and nothing else. Just imagine why big ICO projects take the support of social media? Because that’s the only and fastest way to promote their projects and attract new investors into it so that they can grow their community and earn the royalty thereof.

[Cosbycoin]

Yes, social media like twitter, facebook, instagram and other social media are making a mass help in driving bitcoin growth and awareness, the more people who know about bitcoin and cryptocurrency was due to these only. Hope social media would help further growth in future and help the crypto world into a higher dimensional than everyone expect.

In the present world of internet and technology, there can be no other tool which can be more powerful than that of social media. Social media is the most powerful too and that it is actually playing a vital role in making more number of people aware of bitcoin.

Social media is having a major role in the growth of bitcoin as most of the investors who are now investing in bitcoin are into it because of social media.

[giogio0504]

Yes, social media forms the society opinion, and social situation very often influences growth or decreasing of crypto currencies.

[jsmith85]

It definitely does. So may have know about bitcoin through social media because the topics discussed there create awareness on what is going on in the world. Some people depend on that.

[Ajinomoto40]

Does Social Media Influence bitcoin growth?

I think it does increase the influence of bitcoin throughout the world since social media is being used by almost everyone in the world. We can also see that some campaigns involves social media because they know that anything can spread throughout the world in an instance through it. Although it increase the growth of influence, we should not still be careless on spreading knowledge about bitcoin.

[teejaymuna]

Ya I think social media does reduce the growth of BTC by some margin. Imagine if there were more positive words from the social media at large. I'm very sure we'd have more people signed up to BTC than we do have now and that will in turn, make BTC value higher than what it is now.

[Spontebob]

Does Social Media Influence bitcoin growth?

Social media and bitcoin are both influencial. Collaborating both will surely help each other. Social media plays a vital role with the popularity of bitcoin right now. We all know that most of the trends in the world right now are produced in social media that's why when bitcoin started being shared throughout, massive newcomers are produced and it helped bitcoin a lot specially its value to grow.

[bennysax]

Social media is a catalyst that enhances the growth of bitcoin as it creates awareness to the public which eventually captures their interest to invest. Note that the more the participants, the higher and more valuable bitcoin becomes. So it influences bitcoin’s growth positively.

[Kisanaq]

Of course yes, it must be acknowledged that the role of social media is massive and enormous for the development of cryptocurrency and many people talk about bitcoin in social media and the first thing I know about bitcoin from social media.

[JohnnyBrown]

Yes, social media made a very big impact on bitcoin, just like here in our country every people who uses bitcoin has a post of bitcoin topics on their timeline and that is how other people knew what is bitcoin.

[BerkerPRS]

Ofcourse it does!

[HYIPPY]

Is all this growth a kind of PONZI scheme?

[cryptolerant]

Yeah , Sure certainly, general & common peoples are using social media to share your business information to audience, social media is practically faster way to  passing the information the bitcoin users, investors.

I also think so. Social media is one of the most influential tool to effect masses and we all know that it has been used heavily to market bitcoin and other cryptocurrencies.

[ignacio0404]

Does Social Media Influence bitcoin growth?

Technically, yes. Because, the higher the rate of social media users the higher the investment expanse of bitcoin! some sites may connect about bitcoin investing with advertisements! and that may cause bitcoin to expanse its capability!

[Michael M. Richards]

Does Social Media Influence bitcoin growth?

Communication has a huge impact on bitcoin. In some countries the legal policy for this currency has not been authorized by the state.

[Ad Baculum]

Does Social Media Influence bitcoin growth?

Technically, yes. Because, the higher the rate of social media users the higher the investment expanse of bitcoin! some sites may connect about bitcoin investing with advertisements! and that may cause bitcoin to expanse its capability!

I think yes, since using bitcoin is using internet and the same as social media, i think social media influences bitcoins growth. Social media can be used in promoting or introducing bitcoin in the outer world, since nowadays, everyone has social media and will be able to know bitcoins ability to be profitable.