Does Social Media Influence bitcoin growth?

[Snub]

my answer is definitely yes...social media have a huge effect on people in our time...people either knowingly or subconsciously, but makes decisions based on their recommendations

[The Alchemlst]

Does Social Media Influence bitcoin growth?

Yes it does, social media is a force to reckon with when it comes to influencing different aspects in life not just market and businesses. Basically it can affect anything that is related to people, and I doubt Bitcoin and even other cryptocurrency is an exception.  The number of users and retailers can be affected by social media, that is why most of the campaigns offers bounties for social media tasks and that is why advertisements are always a necessity in a growing market whether directly or indirectly.

[KingOfWinterfell01]

Does Social Media Influence bitcoin growth?

It does. And it does greatly affect bitcoin growth since most of all the ones interested a lot with bitcoins are on social media. A lot of investors as well are on social media. So it's only fitting that bitcoins would grow even bigger when advertised in social media.

[tranle789]

Does Social Media Influence bitcoin growth?

Almost all crypto have separate media and this greatly influences the value of the altcoin. I think the community is the deciding factor for the price increase and decrease because just one good news that altcoin can go to the moon

[Fasdartin]

Does Social Media Influence bitcoin growth?

It does. And it does greatly affect bitcoin growth since most of all the ones interested a lot with bitcoins are on social media. A lot of investors as well are on social media. So it's only fitting that bitcoins would grow even bigger when advertised in social media.

Social media has great influence to us, it can help in many people to know about bitcoin and to make bitcoin much become known in many people in many country. Also social media is the big affect in many user of internet because through it, it can be much popular.

[iqlimasyadiqa]

Of course, today social media is one of the most influential things. One of them is by affecting the development of Bitcoin. With social media Information about Bitcoin can grow quickly, besides most people who do not know Bitcoin it will be easy familiar with Bitcoin. This is clear proof that Media has tremendous power to influence many people. Now Bitcoin has grown much faster and this is all thanks to social media that continues to preach Bitcoin as the currency of the future. We may not need to look for anything else because we all already know that Social Media is a useful thing if it is utilized and will be very scary when misused. We are all responsible for the use of the power of social media is good and right so it will not cause a negative impact.

[chimcoin]

Absolutely yes!social media positively influence the growth of Bitcion. Just take for instance, social madia signature campaign that takes on daily bases, even in Bitcoin furum has also comtributed immensely to the growth of Bitcoin

Also,other media firms can influence the bitcoin price (growth)significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users, leading to price dips. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price,and growth generally.

[yummydex]

Does Social Media Influence bitcoin growth?

Yes because now a days the proliferation of news is coming from social media most especially from facebook

[Omeng]

Yes, and I think that Social Media is really good when it comes to influencing or advertising to other people who are still not aware of bitcoin. Coming from own experience, I personally heard of bitcoin and cryptocurrency on Social Networking Sites.

[Digitalbitcoin]

Yes. For Sure.

Since internet is invented and web technology is implemented, social media in different way always help to influence any social, political, technological and many other categories with announcement, news, reviews and updates.

In Bitcoin growth already media performed very well important role, to get globe aware about Bitcoins and its features as well as future.

[Rossy Akbar]

Absolutely it does bruv, the social media is really have a lot of influence of bitcoins growth up,  because they can give any updated news about btc for all bitcoiners. Bitcoin is really helped by social media to growth.

[Stedsm]

Social media is one of the most important parts of our daily lives and we get connected to most people through the same. We talk, we share our opinions, we refer people, we can ask anything and spread the word like wildfire as when a group of people likes something, they just spread it with their known people and the same applies to others ahead and this creates a chain, a chain of people who are in support of something - a support that will give that thing a value. Bitcoin's value is based on people's trust, and social media runs through people itself. Nowadays, I am seeing all these traffic exchanges and safelists and email boosters as well as many other medias promoting Bitcoins and some "bitcoin related" programs online which is making others aware of it. So, social media also plays a major role in the rise of Bitcoin's use.

[Dani33]

Yes of course! The social media have a important role because much people read just newspaper or whatching tv so this can approach many person to invest and help the bitcoin to rise.

[thenameisjay]

Does Social Media Influence bitcoin growth?

Of course it does. Many people are connected in social media and through social media, bitcoin investors and the likes. So when bitcoin investors post something on their different spcial media accounts, a lot of people would be reading them, thus allowing more investors to invest on bitcoins.

[paulo013]

Social media is the best way to tell people about bitcoin. Here in my country you can easily tell people about bitcoin because social media is the most source of news. With the help of social media people will try to invest And will affect the growth of bitcoin. Actually this is what happening right now, popularity hits bitcoin growth.

[MrMonkey]

Ofcourse, Social media is the best for advertising bitcoin because its world wide and public.

[ruchi85]

Bitcoin is a speculative cryptocurrency. Social media perpetuates it’s growth.

[Catch-22]

The Social Media post create awareness.  This helps spread the news about bitcoin, ICO and projects that are supported by cryptocurrency.

[polymerbatt]

Does Social Media Influence bitcoin growth?

I guess yes, this is 2017 and social media is really one of the best intrument to spread a news or anything. Social media like facebook and twitter is really good to spread the information about bitcoin. Actually bitcoin is quite popular on social media, if you search it on twitter, there are many.

[dangful]

Yes, social media has a huge influence on the growth of bitcoin. We all know that the price increases together with the demand. Social media is the fastest, cheapest and largest way of connecting people. Most advertisers use social media since it is free. And it is the easiest way to gather potential site visitors.