Does Social Media Influence bitcoin growth?

[awawo]

Yes of cause the Media has a role to play in the growth of bitcoin in the sense that the Media serves as the carrier of all the activities involve in the growth and development of bitcoin, from spreading rumors to letting the people to know about the ground bitcoin is breaking interns of market value and growth in interest over time. The major role of the media in the growth of bitcoin is the awareness the media created about new evolution and features that are new to investors.

[tegalrejo]

Yes, Social media is one of the most influential factors on the development of bitcoin today, it also affects the higher bitcoin prices, as more and more people are familiar with bitcoin as well as the increasing number of investors who choose to invest in bitcoin. For now social media is the easiest and fastest way to market a product as well as bitcoin because today almost all people in the world use it

[neite99]

The bitcoin growth is affected by the demand and entrance of new people which invest on it, and social media has one of the main contributions for it, it does influence the growth of it.

[senne]

Social Media has a high influence on new user compared to already the people who are already using Bitcoin. For example, if we talk about a news channel which circulates regular new about Bitcoin due to its rising price; it creates an impact over the people to try and invest in Bitcoin at least once. Everyone like to gamble their money in some way or other in small amount or big amount does't matter but at some point users are like I should try at least once. At this point social media gets successful creating an impact over people to use crypto currency.

[mOgliE]

I think that indeed it helps the community to grow...

Many people are only taking information from traditionnal media, mostly TV. So it is good that such media talk about alternatives, even if their presentation is generally very vague...

It helps the community to grow.. Even if most people just make few trades and then sell bitcoin to get their dollars and forget about it.. It also means that bitcoin can no longer be simply ignored.

Great news, right?

[oginiimaoyani]

I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.

[meer45]

Social media is the best way to inform people about Bitcoin and increase the interest. I also think the increasing interest effects the price of Bitcoin.

[gundala]

I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.

I agree with you. especially when current internet users, especially social media is very much. Thus, the advertisement about bitcoin or cryptocurrency in socmed is very effective. therefore bounty project also uses socmed, e.g. facebook and twitter.

[Valentina N]

Hello all! Please try to understand if people are not interesting in something that's means this is not interesting for 90%. If socials media make hype and high PR that means they are motivated and etc. Yes bitcoin are growth up better and faster with social networks media influence which are 90% of success

[Heartseed]

Yeah, social media does help in growth of bitcoin. Since promoting and advertising bitcoin through the use of social media is efficient and wise to further improve bitcoin. Whereas people was recruited to do bitcoin mining. That's how i am influenced by my friend by explaining and links on how to access bitcoin mining and here i am still a newbie but sharing my experience that social media is a help in growth of bitcoin

[Hannibalis]

Today, social media reach a huge mass of people. For sure it helps to spread the word and grow the community of bitcoin.

[Mystica101]

Yes, it really is. Social media greatly influenced people to discover bitcoin especially in my country where social medias are the number one problem which lots of users. So it is very easy for us to learn about bitcoin since it is trending and posted everywhere. I can't deny this fact that when we see something on socia medias that involves money making we tend to get interest on it that's why now we can see a massive growth on bitcoin due to social medias involved.

[Dexion]

yes, of course it affects btcoin, when social media gives positive image to bitcoin, then bitcoin price will be higher. please note that the bitcoin-sensitive thing is the social mediation and attitude of bitcoin users.

[Prettyme]

Does Social Media Influence bitcoin growth?

Yes, social media is the big factor why bitcoin grow like this. Social media has been the way in advertising bitcoin and a lot of people is now in social media that's why the dissemination of information about bitcoin is very easy.

[sofi@]

Yes social media has greatly affected bitcoin growth and popularity because people are now into technologies social media help them understand what is crypto currencies and how they appeal to be very useful to many individuals. The demand in bitcoin continue growing and I'm sure it will continue to be known globally with the help of social media

[Traslavin]

The bitcoin growth is affected by the demand and entrance of new people which invest on it, and social media has one of the main contributions for it, it does influence the growth of it.

Yes social media is a big tool to promote bitcoin. Many people are now all engaged to social media so I guess the social media could be a big help to the promotion of bitcoin and also to attract many users and investors as well. And also I couldn't underestimate the power of social to the people today.

[KesoNie]

I think social media is one of the major medium were bitcoin is been advertised, people get informed through these places, people hear about bitcoin and want to get involve which increases the growth of bitcoin.

Social media are now the means of communication even we are too far to our relatives. Social media also the new trend of getting along with friends and family without distance hindrances provided we have internet service in our phone or laptop. So that's why social media I guess is now the major way of indorsing bitcoin to people.

[donovank]

Bitcurrency is social media for about 50%. A coin can stand or fall with it's community behind it.
Take Bitcoin for example, it's the most popular coins, because... it's the most popular one... Not because of it's great advantagous like great transaction rates or fixed nodes or anything like that.

[gustaf.berg]

Social Media has a high influence on new user compared to already the people who are already using Bitcoin. For example, if we talk about a news channel which circulates regular new about Bitcoin due to its rising price; it creates an impact over the people to try and invest in Bitcoin at least once. Everyone like to gamble their money in some way or other in small amount or big amount does't matter but at some point users are like I should try at least once. At this point social media gets successful creating an impact over people to use crypto currency.

Totally agreed. Social media including all the channels that you can imagine has big effect on crypto currency market's popularity. Especially new generation is spending more time with social networks and majority of them has seen through facebook or twitter.

[Wagako]

Does Social Media Influence bitcoin growth?

We are now in the world that full of technology and many of us addicted with different social media. I think social media has a great contribution in making the bitcoin grow and more popular. Since all of us is in social media then it is easy to advertise bitcoin in this way so that they will be curious about bitcoin.