Does Social Media Influence bitcoin growth?

[xSkylarx]

I think social media have a huge role in bitcoin growth,
There are lots of investors who heard or read about bitcoin on the social media and most of us have first read or know about it in social media.

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[dineth88]

of course yes ! its the main role behind the growth of bitcoin these days.

[icaica22]

social media affect the growth of Bitcoin because some people often use social media and now all information is based on social media. Social media also spread the word and information widely and quickly so that Bitcoin will grow more because social media has an effect on society.

[earl07]

Does Social Media Influence bitcoin growth?

Yes it do influences bitcoins growth,as of today lots of sites that can use as a vessel for advertising and let people all over the world know about the new digital currency and its worth to everyone.Social media such as facebook,twitter,reddit,youtube and etc.are some example of it.Through this platform many people encourage to adopt the new currency specially bitcoin and due to its sudden rise of demand on the market the bitcoins growth also affected.

[emondot]

I think it is true, because news is one of the factors that influence the price movement significantly. Bitcoin users who hear negative news about bitcoin, will feel panic and end up selling their bitcoins to secure assets. The impact, bitcoin prices will drop because of the sale of bitcoin on a large scale.

Vice versa, if there is positive news about bitcoin then many users who make buying transactions. Of course with the purchase of bitcoin on a large scale impact on drastic price increases.

[Bdstar]

Definitely, Social media has played a major role for promoting Bitcoin growth, Nowadays, people are getting dependent on the social media for the purpose of communication and getting updated. people can get almost everything from this platform so that social media plays a vital role regarding this issue.
You have to consider the importance of social media like Facebook, Twitter and other sites in our daily life, so we can learn a lot of things form that network. So that social network is very crucial for growing up Bitcoin.

[Phebz]

Yes because most of the people now a days are using social media.. Through social media everything can be advertise specially bitcoin.. Through social media we can discover something that we can earn..

[deddod]

Does Social Media Influence bitcoin growth?

in my opinion very affect.
all News about the situation of a coin mostly in social media.
we all know that news greatly affects the price of Bitcoin and other cryptocurrency.

[PANK21]

Does Social Media Influence bitcoin growth?

Yes. Social media is now the way of people to advertise , create , endorse , communicate. It is now easy to do the things than before because of social media. As bitcoin goes larger and spreading all around the world social media is influencing bitcoin through posting and endorsing investment site and also using communication for easy interaction.

[Deddy_Kazekage]

Could be .. because of social media is a good place to communicate the exchange of opinion .. especially if the website sometimes people are lazy to see it ..

[cizatext]

No daught social media has played a vital role in the success of bitcoin over the years, so many information are gotten from social media which is the easiest way to reach a great number of people within the shortest period of time. In fact the first place I always get information on new investors, products that can be bought with bitcoin is on social media most especially on Twitter and Facebook so social media has help a lot in bitcoin it gave it the popularity it enjoys today.

[capsicumpepper]

People today can not be separated with the name of social media, even social media is something that must be owned, because by advertising in social media once share something straightforward information obtained by everyone. Obviously this helps to grow bitcoin development.

[nuela]

now many people are asking what bitcoin it is, once they get ads from their social media. now many people are motivated by it, until people open a bitcooin forum and search it on google, all for trying to do things about what trends.

[fistteam]

I think there is definitely. Communication influences the growth of bitcoin. If the media introduces the benefits of bitcoin, I'm sure many will believe in bitcoin and use it.

[bitzizzix]

Does Social Media Influence bitcoin growth?

Social media is very helpful and influential to promote or develop bitcoin, and now there are a lot of bitcoin advertised in social media and almost all social media advertise bitcoin for everyone to know. but not everyone understands it but it will help people try to get to know it, and the results are very good and what I see bitcoin users is growing.

[Karmakid]

I think it does social media is the reason why I am here right now,
Because of a Facebook group I have found out about bitcoin and it really got me curious about bitcoin.

[micher143]

Yep! Social media is a great tool for digital marketing. And by advertising bitcoins you make more people invest in it, so in that way it has influence on bitcoin growth 

It is true that social media has big effect in  terms of informing people to the real deal on having cryptocurreny or bitcoin itself. Because we all know bitcoin can serve as a good investment to all people because most of people shared their experiences on using bitcoin and dealing with this could encourage most of people to try having an investment to bitcoin or even having a transaction with the used of bitcoin for faster and reliable way of buying and selling.

[Angelo S. Isbell]

With the growth of social networks today, communication is one of the fastest and most widespread advertising methods to reach everyone, on social networks there are always two opposite lines, one good and a bad one, so when you and everyone listen to a stream of information should consider, should not rush to give judgment or consideration, it accidentally bring bad things for yourself, cause damage great

[mr.bean865]

With the growth of social networks today, communication is one of the fastest and most widespread advertising methods to reach everyone, on social networks there are always two opposite lines, one good and a bad one, so when you and everyone listen to a stream of information should consider, should not rush to give judgment or consideration, it accidentally bring bad things for yourself, cause damage great. When there are bitcoin in hand we need to consider properly to bring high economic efficiency

Yes in the current time social media is the most effective weapon to spread the word and bitcoin is exponentially spreading due to social media and even I myself came to know about bitcoin and cryptocurrency just because of social media.

[BungaTulip]

Yes. Of course. Social media is very influential on marketing. Information can quickly spread without distance limitations