Does Social Media Influence bitcoin growth?

[Dakshkapoor]

I think yes social media has great influence on everything that is happening in our society and in our surroundings. Generally people prefers those things which are more popular and which are advertised more on social media. Social media has great impacts on online exchanges also. People just pick that thing which is attractive and our social media plays important role in that manner. Bitcoins are definitely gets affected by the media coverage also. Whether it get good or bad comments this will decide its image in the society.

[Ahiaba]

Does Social Media Influence bitcoin growth?

Ues pf course social media has a significant influence on Bitcoin market value in either positive and negative way. If all of us here in this forum should start saying negative message about Bitcoin and crypto currency in general definitely people will lost confidence in Bitcoin and other altcoins and its value will depreciate so also if we start saying positive comments about Bitcoin and crypto currency that will create a strong confidence in people to invest and as they invest Bitcoin value will increase as a result of high demand.

[laxinternational]

I think that social media does influence bitcoin's growth a lot as it makes bitcoins know among people and also helps spreading knowledge about them as how they work and all that.People would be get interested and will try to invest in them to gain profits from bitcoins which would contribute to growth of bitcoins.And social media gets to lots of people's homes and would cause to bitcoins growth.

It brings popularity to bitcoin. They make people know a about bitcoin. This is positive for bitcoin's pouplarity and market depth will go and icrease to higher levels by the way.

[Oasisman]

Does Social Media Influence bitcoin growth?

Ofcourse, social media is the best place if you want to advertise something, specially bitcoin. I post something about bitcoin almost everyday on facebook and some of my friends are already aware of it but dont belive it, while the others are completely unaware. It caught their attention and asks questions about bitcoin, they may seem confused or hesitant to take the opportunity that bitcoin gives, but it somehow made them think. Later on they'll do a research on their own. Thats the whole point make them hear it not only 1,2 but multiple times, its about making it popular.

[jigzaheedcoin]

I think that social media does influence bitcoin's growth a lot as it makes bitcoins know among people and also helps spreading knowledge about them as how they work and all that.People would be get interested and will try to invest in them to gain profits from bitcoins which would contribute to growth of bitcoins.And social media gets to lots of people's homes and would cause to bitcoins growth.

It brings popularity to bitcoin. They make people know a about bitcoin. This is positive for bitcoin's pouplarity and market depth will go and icrease to higher levels by the way.

Of course it does and it also makes bitcoin to be bad in the media if there are ill minded people who wants to criticize bitcoin's name and status as well knowing that its popularity will give and will upgrade people's way of living. This is a matter of life changing world to a better and brighter one in the future. We don't only think because of money but we also think about the people who cooperate behind the rising success of bitcoin and make even.

[birra guzez]

Anything that get mediatized enough will certainly either grow or fall but thankfully media has properly advertised for bitcoin and made it reach the moon . Bitcoin getting more known will mean more investors and market cap thus bigger value and huger community .

[Pablo778]

yes! social media is a great tool of advertisment , because new people and mostly young generation come and join who has the spirit to explore new ways and things, ofcourse they will try and join bitcoins. now adays i hv saw many advertisement on youtube , and i think its the best way to grow and introduce BTC .

[Nevis]

Yes of course. As long as there is a medium that would get the eye of the audience, it will affect the growth of bitcoin. Social media is a very great and for me the number one factor that affects its growth. Almost everyone have 1 or more social media accounts and I am sure that stumbling into some of crypto related articles will pique their interest which then in turn making them go to bitcoin as it is the mother of crypto.

With Social media, it is so easy to like, share a topic or article and that is the reason why people would love to advertise there as it is easy to reach millions of audience. Truly a wobderful place that influence the growth of community of bitcoin.

[saharsh89]

Yes offcourse, social media is the biggest influencer for Bitcoin and the whole cryptocurrency world. Twitter and Facebook along with other portal and communities help in increasing awareness about the cryptoworld

[YTBitcoin]

Anything that get mediatized enough will certainly either grow or fall but thankfully media has properly advertised for bitcoin and made it reach the moon . Bitcoin getting more known will mean more investors and market cap thus bigger value and huger community .

yes bitcoin is growing well because of that media and that is because they are advertising positively. Bitcoin will always grow if this position is maintained by the media. Only those things fail at mediatization when media start to promote against it and they bring negative points against it while bitcoin do not have any negative point and it will get success.

[almightylarvas]

Of course it does, and even more these days with gazillions of ICO's being marketed on social media

[MakeMoneyBtc]

Social media influences bitcoin growth a lot because sovial media's are used mostly by the teenager's so they are discovering new ways to make money, new ways to invest their money and also new method of payment.

Social media's are probably the best way to promote anything because those are the most used applications on the planet. If 1000 see one thing 100 of them are going to be interested in it for sure in that thing and at least them 10% of them are going to use that in future

[dongosquad]

of course very influential, this digital era. many people use social media. let alone the bitcoin price is fantastic. surely if the news or advertising is in social media, will many people know. if anyone is interested, will definitely search information to start investing with bitcoin.

[Polonium]

Definitely yes. Advertisement through social media is a good thing to do nowadays. Trending topics/subjects are feature, so as bitcoin. As bitcoin is trending today, many people are getting interested, and involved in it’s continuous growth.

[jirene21]

Does Social Media Influence bitcoin growth?

yes, it has an influence social media is doing a good work to advertise bitcoin. social media is now something that everyone sees because there is no one who don't use social media. and psychologically speaking when you see other people succeeding from something you would also try it.

[Hy1085]

Yes, not only bitcoin, but other major coins or altcoins. Most altcoin now use social medias to make their reputations in early stages. For bitcoin Internet definitely made bitcoin more decentralized and transparent to the public.

[wagi]

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.

Every websites including social media influence the cryptocurrency growth especially bitcoin.
The website normally being used for advertising wher the people can get the information so it makes bitcoin growth too much.

[Rukawa2k]

Yes, definitely the Social Media influences bitcoin growth. Nowadays, almost all of the people around the world have access to the internet. And we know for the fact that the internet is the number one source of social media, even the news sites have been using the internet to deliver their news or even better is that they get their news from there. I take myself for example, as I have just got my knowledge about bitcoin through the ads that popping up on the internet.

[Core.BUSTER]

Does Social Media Influence bitcoin growth?

Indeed. Social media has good effect in bitcoin like in can help us to spread the information and knowledge about bitcoin. As of now many people already become active in social media and I think if we used social media as a medium of sharing knowledge about bitcoin I think bitcoin will rapidly growth.

[Argoo]

Social networks play a very positive role in disseminating information about bitkoyne and contribute to the fact that interest in bitcoin is growing at an amazing rate. In social networks, there is an active exchange of information, people find out for themselves a number of issues of interest to themselves, there is a discussion bitcoin. In general, this has a very positive effect on the population of bitcoins.