Does Social Media Influence bitcoin growth?

[sidebyside]

Yes, I think social media affects bitcoin and bitcoin. With the recent development of bitcoin, many media have provided more information about bitcoin. That means raising awareness of people about bitcoins to make more people invest in bitcoins. Bitcoin buyers are on the rise. That increases the value of bitcoin

[CoinOnTheBeach]

of course it does, by spreading the awareness of bitcoin and the information of its functionalities.
the more people are using it the stronger it gets as a currency.

[btcjocan]

Yes of course, because social media is the bigest influencer of bitcoin. Social media is the medium to find an investor or to reach the goal of campains. Social media is a transmission of communication between the investors and clients.

Definitely! Because out of billions of people who are using social media accounts,  it is so impossible that none of them are able to see and become curious about it. Though they are not interested about investing in bitcoin but for sure it gives them curiously that made them viewed it many times or even sharing it to others.  Social media is a very broad way of reaching out people who don't know about something.

[Jack Harris]

Definitely, social media has always been a great place for awareness building, and this definitely helps to spread bitcoin and further help out in mass adoption. There are also various social-media campaigns undertaken by certain companies and help to further fuel this cause.

[Kingofbitcoin12345]

Does Social Media Influence bitcoin growth?

Bitcoin won’t be as popular as of today without the help of social media advertising.. It is the most effective way how cryptocurrency spreading throughout the whole world within a minimal time.. When Facebook and Twitter used as a tool to speed up the process of marketing a certain coin or website,, it gives 100xxx more investors than a paper or print.. That’s the reason why most campaign,, social media is one of the important highlights..

[chickenado]

Does Social Media Influence bitcoin growth?

Most probably social media was a great influence in the rapid growth of bitcoin.Most of the people nowadays are being involved in so many trends, and one of the trends is social media like facebook,twitter,etc.if it is being shared with the current price i think that most of the people who  have seen and read it will get interested.Digital currency such as bitcoin is a trend that needs to  be taken advantage through its benefits that hinders in the coming future.The more it will be introduced the high rate that we expect for the coming years.

[fistteam]

Th media has a great influence on the growth of bitcoin. Bitcoin is electronic money, it's development depends on the needs of the user. So, if bitcoin is advertised by the media, I believe bitcoin will grow strongly.

[Coinsher]

Yes of course.This is one of the major keys why bitcoins is so popular now.We know social medias helps and provides more information that can help a business to be known.It carries various amounts of information,ideas,suggestions and even knowledge.Bitcoins is just started on 2009,and that time social medias is very popular.Like facebook,it has a big help on bitcoins because of sharing informations.Bitcoins can't be stop now, and i will not surprise that in the coming years,bitcoins will grow so fast because of social medias.

[UCHCHILD]

Definetly yes, I experienced that this past few days ago, someone asked me about btc because I posted it in there and ask how does it go and how can make money too, so I guess social media really helps.

[the rise]

Social media is the most effective means of promotion with very small budgets, bitcoin or other crypto projects can spread very quickly around the world simply by making status regularly and taking several days to get everyone to see it. This is a phenomenon and developers do not need to spend unnecessary funds.

[Shamie1002]

Yes indeed. Technology not only evolved every aspects of anyone and any countries but also a way of communication. Communications and news giving informations are made possible through technology called social media wherein others are also given a chance to express their own thought. Like this forum or Facebook.
Another example is the campaigns here in the forum advertising not just projects but the uses cryptocurrencies itself and due to the increase demand affecting prices many are attracted and the industry becomes famous because of its features and convenience.
People are becoming more aware of it.

[Ranly123]

Does Social Media Influence bitcoin growth?

With all the hype happening in cryptocurrency where bitcoin is the term commonly used and most likely the first in digital world. When people expresses what they sow in social media this creates a spark all over the world and that is how it influence bitcoin's growth. Social media is a big help in promoting bitcoin to many of the population and gives knowledge or a hint on what bitcoin really is.

[jaaeeeyyyy]

Absolutely , YES. We've known social media for socializing but as time goes by it becomes a market for all which includes the bitcoin's popularity. Socian Media is a great factor why bitcoin is now a trend and well known on different country. Great examples are Facebook and Twitter , which is a big community on the internet that is why we have a campaign on facebook and twitter to advertise and especially to promote Because of cheap fees and great means of promoting.

[miyaka26]

Does Social Media Influence bitcoin growth?

Yes that's right, one of the reasons why bitcoin is so popular right now and it is well known even with the people's who have no experience or knowledge to cryptocurrencies, they have no idea how bitcoin works they just see it as a volatile virtual coin, where did they've heard it? Facebook, Twitter, youtube and other media platforms that relay news and messages to the people who use it, but don't forget to credit the vast innovation and improvements of technologies and Internet, It really adapts our lives and listed as one of the basic assets of people, having a computer or a smartphone.

[drunkcoin]

Yes. Bitcoin is mostly overhyped by media. Otherwise it was twice less in price.

[ambivvvert]

Social Media is the best way to spread words. And YES, social media give a big impact on the growth of bitcoin. Because as many people knows the existence of bitcoin the more growth for bitcoin is expected due to many people will use it and bigger demand is needed.

[13abyknight]

Does Social Media Influence bitcoin growth?

Very much so, most of the newer users getting into Bitcoin would have read at least a few articles about the percentage rate of growth over the years and how early adopters and investors became millionaires and billionaires. Most of these articles are published or posted in social medias like Facebook and Twitter which almost every common man uses and this directly invokes interest in them to know more about the subject.

[Lucius]

It is not only influence on BTC but it is one of the most important things these days since people use social media all the time and we can say most of users are actually addicted to Facebook,Twitter,Instagram,Viber,YouTube and many others which are available today.Because of this incredible growth in BTC price and so many positive stories about bright future of BTC, people share that through social media like never before.

Crypto community grows day by day,more people know for BTC means more investment,and more money only push price up.If you hold some BTC in this moment eveything is working for you-so use some of your social media and post something good about BTC

[coin-investor]

Does Social Media Influence bitcoin growth?

Social media has a big impact definitely because it is internet based and people are into social media, they get the latest news about bitcoin and other crypto currency on social media and those who are promoting ico get their advantage on social media without social media bitcoin will not be as popular today as it is

[Red-Apple]

of course it does.
these days people are all over the social media. many are even believing whatever they hear on it. no matter if it is right or wrong. and we know how it was filled with FUD about bitcoin all this time.

but since not everyone on the social media is an idiot and not everyone visits them, then the effects will be minimal and temporary at best.