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Author Topic: Does Social Media Influence bitcoin growth?  (Read 5207 times)
Darknight31
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December 15, 2017, 05:44:44 AM
 #261

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.
Social media is one of the best way to promote or to expose something like bitcoin. And as of now bitcoin being an online operated currency, social media has something to do with the growth of it. It has been easy to spread and be known tp public through the use of social media. It wouldn't be that easy if you will just tell it to people one by one. Compared to the use of social media you just post it online and random people will see your post.
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December 15, 2017, 06:07:08 AM
 #262

Does Social Media Influence bitcoin growth?


Social networks affect everything, especially bitcoin
The more the popularity, the higher the bitcoin rate
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December 15, 2017, 06:12:38 AM
 #263

Yes, social media is one of the biggest influence why bitcoin is now very popular. Also, most of all people using social media like FB, Twitter and etc, because of that they read some post about bitcoin. I know they tried to read it.
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December 15, 2017, 06:33:57 AM
 #264

Social networking options like facebook, youtube, instgram, twitter now becoming integral part of daily life. Social media have great influence on people. Bitcoin being a decentralised and autonomous currency bitcoin have no option to advertise itself; in fact no central authority is there to represent bitcoin on such social networking sites. If bitcoin community took initiative, these social networking tools will definitely help bitcoin to reach maximum people of the society. 

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December 15, 2017, 06:37:53 AM
 #265

Yeah seems like its birth is for social media.For the online businessman who are involved in promoting or advertising their business through social media they feel it useful to invest on cryptocurrencies like bitcoin for benefit of themselves.
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December 15, 2017, 06:43:56 AM
 #266

Yes,
Social media is one the big platform to grow your business.

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December 15, 2017, 06:45:57 AM
 #267

Yes it is a big factor of what is bitcoins price right now, because it will drag people into it to curiousity and make them study bitcoin and later on will invest in it and bitcoin is in demand again and increase its price because of high demand of bitcoin thats why Its price is very high riht now. Social media sites help bitcoin become so popular in the world.

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December 15, 2017, 06:49:41 AM
 #268

Social media provides positive as well negative impact on the growth of bitcoin as well other digital currencies. Because lot of good information regarding the cryptocurrency as well lots of scams too getting promoted. People who get trapped with the scams term it to be bad,whereas the one who benefit through the useful information find it to be the best.
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December 15, 2017, 07:04:28 AM
 #269

Does Social Media Influence bitcoin growth?


Yes of course, the uses of social media does influence bitcoin,because any information about bitcoin is now realtime accessible. you just hashtag bitcoin in search bar you able to find the information you want. It's also help the growth of bitcoin, become popular,  people interested, people buy it. CMIIW Smiley
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December 15, 2017, 07:15:58 AM
 #270

of course, all the news coming from there, and as we all know that now the market depends strongly on the news, of which you could say is cost price
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December 15, 2017, 07:22:30 AM
 #271

Definitely. And I think it is actually the biggest driver of the increase of demand, and of course the price and value, of Bitcoin lately. When I started bitcoin, I was only informed about it by a friend. And I had zero idea about it. But lately, it is all over the internet. It is available in the ads and a lot of.videos and news about bitcoin is on the social media. Also, it started to be in the news as well and so it is shared also shared in social media accounts like facebook and twitter.

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December 15, 2017, 07:24:59 AM
 #272

Yes, Social media is one of the major factor that is why bitcoin continues to grow and people share the information about bitcoin or any other type of digital currencies they want to promote.Most of the signature campaign wants to spread the news in social media so they can attract investors and traders.
Social media is the most powerful tool nowadays; it is the place from where news spread like fire in the woods. Television is watched and used in almost every home so advertising bitcoin will help a lot; it will make people of all ages to become aware of bitcoin and some of the investors may come from there and get in to bitcoin easily. People want ease in their life and bitcoin is providing all the opportunity
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December 15, 2017, 07:43:15 AM
 #273

If you want to inform many people about anything effectively then social media is there to help. It influence many people to also buy bitcoin because they see the huge potential of their money to grow many times.
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December 15, 2017, 07:48:18 AM
 #274

Does Social Media Influence bitcoin growth?


Ofcourse yes , In social media news and rumours both running and effects much the field of cryptocurrency market throughout.
When first time I was entered in the world of cryptocurrency then I didn't think that it is having impact at social media news but when I saw that many people are making earnings with the social media news and rumours .
Most of the times Anny of my friends are looking toward that thing for which news are running in social media and that coin's price up and down According to positive and negative news According to that , so we should also here follow social media news and rumours for cryptocurrency market and made and withdraw investment According to that .

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December 15, 2017, 07:59:21 AM
 #275

Yes I think the social media influence greatly affects bitcoin growth because most people nowadays turn to social medias to check if what's new and what's the current news. Even older citizen are starting to get a hang with these social medias and check everyday what has been going on with the world lately unlike before wherein they just watch the television or hear on the radio what is happening around the world and mind you, my mom even read about bitcoin on facebook and told me about it.
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December 15, 2017, 08:16:25 AM
 #276

Yes I think the social media influence greatly affects bitcoin growth because most people nowadays turn to social medias to check if what's new and what's the current news. Even older citizen are starting to get a hang with these social medias and check everyday what has been going on with the world lately unlike before wherein they just watch the television or hear on the radio what is happening around the world and mind you, my mom even read about bitcoin on facebook and told me about it.

Very true, honestly I even rarely visit news website because there are plenty of news already in my social media
And the reason why I joined this community is social media too Grin
It was like an ads of exchange if I am not mistake popping up in my facebook and I decide to look more info and voila here I am, still a beginner Tongue

qwertyuiop0987654321
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December 15, 2017, 08:25:25 AM
 #277

Does Social Media Influence bitcoin growth?



There are many things that influences Bitcoin and one example of it is Social Media. People got curious about something specially to what they see. There are cases that Bitcoin pop up into ads and there are people that were curious about what it is so they seek for it. Thus, Bitcoin Users grows resulting to Bitcoin GROWTH.
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December 15, 2017, 08:43:28 AM
 #278

Yes I think the social media influence greatly affects bitcoin growth because most people nowadays turn to social medias to check if what's new and what's the current news. Even older citizen are starting to get a hang with these social medias and check everyday what has been going on with the world lately unlike before wherein they just watch the television or hear on the radio what is happening around the world and mind you, my mom even read about bitcoin on facebook and told me about it.

I think the lines between traditional media and social media are blurring now. But definitely, the increases publicity in social media has helped. It is one thing to hear about television hosts debating Bitcoin, it is another to have close friends and family talk about it. One reason why Bitcoin's price increased during the Thanksgiving weekend is due to talk around the family table.


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December 15, 2017, 09:09:42 AM
 #279

Does Social Media Influence bitcoin growth?


Yes it does because one of the campaigns that this forum offers is Social Media Campaign which help people to promote bitcoin with the use of social media and I think that is the most powerful way to promote bitcoin because many people are using bitcoin especially right now.

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December 15, 2017, 09:35:21 AM
 #280

Does Social Media Influence bitcoin growth?


Yes it does because one of the campaigns that this forum offers is Social Media Campaign which help people to promote bitcoin with the use of social media and I think that is the most powerful way to promote bitcoin because many people are using bitcoin especially right now.


That's right!  Social media helps the bitcoin growth because many people can see or view it whether they are using instagram, facebook, YouTube or any other social media accounts that people have. As long as you are brave enough to post it to your account and share it publicly,  many people will be interested and be curious to know about it. Through it,  people will try their luck by investing some of their money in bitcoin.
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