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Author Topic: Does Social Media Influence bitcoin growth?  (Read 5145 times)
Dzernej
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December 20, 2017, 02:39:10 PM
 #461

Yes and no. For example, when it was BTC drop for 50% all said that it is end of BTC era but we could see that it was only small drop and now is close to 20k $ Smiley
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 20, 2017, 02:40:20 PM
 #462

Does Social Media Influence bitcoin growth?



Yes. I believe that social media influence and has an impact on bitcoin growth because through this platform bitcoin would be popular and if bitcoin would be popular it will attract more investors and users that may cause an increase on bitcoin price on the market. And social media has a large scope around the world. Bitcoin popularity will surely increase

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December 20, 2017, 02:42:33 PM
 #463

yes as more and more people know about Bitcoin and cryptocoins so more start to invest more or not so much in it ,so price rise with new coming users it will rise i think and all market will rise as well.

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December 20, 2017, 02:47:34 PM
 #464

Does Social Media Influence bitcoin growth?


I think it was a sure yes and I guess everybody will do also agree with this because in our time, technology is very fast rising that makes the rise of the social media in which admit it or not, has the great influence in our daily lives especially when it comes to being update with the latest news or happenings in our society. So I guess, social media do really have the greatest reason why bitcoin has grow into popularity in which people are always in that will surely influence them to get into bitcoin because of the advertisements and articles that was attached into social media accounts promoting bitcoin to come into their awareness.
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December 20, 2017, 06:20:56 PM
 #465

Yes xD Some people promotes their BTC business or any other online platform that involves bitcoin in social media. Some of their friends and relatives got curious and started to learn more about cryptocurrencies.. I guess Bitcoin becomes really popular to different country because of social media xD
Well I did not see any role of social media for bitcoin and I think social media is the best option for it and when bitcoin started on social media so I’m sure that in a very short time bitcoin will become more famous and strong then ever and it's users will also be increased which will take bitcoin price more high and now a days every one hey are using social media so we must play our role for bitcoin because bitcoin is always helping and supporting us.
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December 20, 2017, 06:28:28 PM
 #466

Does Social Media Influence bitcoin growth?


Yes! Social media is one of the reason why bitcoin became popular. Twitter is one of the social media platforms that help the bitcoin to become more popular. There are many advertisements in different social media platforms that are promoting bitcoins and ICO.

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December 20, 2017, 06:36:30 PM
 #467

social media has really really influenced the bitcoin growth.. the news are spreading  everywhere when the bitcoin reached 10k$ . now the bitcoin is more expensive and when people heard this price they are shocked and think to invest in them.. as more people invest the more the price increases.. and at the present moment many new people are investing in it as the bitcoin news are hot everywhere.

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December 20, 2017, 06:38:43 PM
 #468

Does Social Media Influence bitcoin growth?



Yes. I believe that social media influence and has an impact on bitcoin growth because through this platform bitcoin would be popular and if bitcoin would be popular it will attract more investors and users that may cause an increase on bitcoin price on the market. And social media has a large scope around the world. Bitcoin popularity will surely increase

Yeah, social media definitely has its influence on bitcoin, nobody can deny that. As price increases while demand is increasing, social media directly effect if people will demand more or not.
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December 20, 2017, 07:39:34 PM
 #469

Does Social Media Influence bitcoin growth?




Yes, social media is the main channel or a tunnel to communicate people. Through posting or sharing about bitcoin people will know and bitcoin will be known. Specially nowadays we are engaging in a hightech world people are communicating through facebook, instagram, telegram, twitter and other. So, by using this bitcoin will be known worldwide and that will influence also for bitcoin to grow.
I think social media can play a very big role because now a days everyone they are using bitcoin and social media s one of the fastest source to do advertisement of bitcoin and I think it’s very important to use social media for its advertisement and if it’s started so bitcoin price will go more high and its users will be more increased because bitcoin is the only currency left in market who can survive for a long time so it’s a time to play a role for bitcoin.
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December 21, 2017, 02:25:31 AM
 #470

Now just imagine if there's no social media, how if someone have some information that can be shared to the community? By phone? The main function of social media is connecting us, the community. That's the simplest answer of how the social media affect.

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December 22, 2017, 12:47:17 PM
 #471

Yes it does. The more people are aware of bitcoins the more they embrace them and the demand for them increases.
It is because social media is now a part of life for a lot of people and they are using facebook and instagram  etc  so they will make benefit with it if bitcoin will be spread through it, now bitcoin is famous and it is playing a very strong role in economy of country so they should make bitcoin popular on internet social media and people who are not aware of bitcoin will know bitcoin and will start earning from bitcoin.

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December 23, 2017, 02:45:35 AM
 #472

Does Social Media Influence bitcoin growth?



Yes. I believe that social media influence and has an impact on bitcoin growth because through this platform bitcoin would be popular and if bitcoin would be popular it will attract more investors and users that may cause an increase on bitcoin price on the market. And social media has a large scope around the world. Bitcoin popularity will surely increase

Yeah, social media definitely has its influence on bitcoin, nobody can deny that. As price increases while demand is increasing, social media directly effect if people will demand more or not.
Social Media is one method to support Bitcoin promotion though I think the most influential method to make Bitcoin popular is to do technical work on the coin.

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December 23, 2017, 03:53:31 AM
 #473

Social media is very influenced by bitcoin, but instead of having a negative effect, it makes the community more interested in bitcoin and this also makes the bitcoin more stable over time. At times the bad news in the media also made the bitcoin a little bit lower but it did not affect the bitcoin as it then increased again and reached higher milestones.

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December 23, 2017, 09:10:58 AM
 #474

Yes, special media is one of the widest platforms when it comes to spreading information. In away it gets more people interested and to invest in btc.
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December 23, 2017, 09:27:08 AM
 #475

Yes, social media is one of the most influential method to make bitcoin popular because now a days many people using social media and thats why many people will get interest and invest in bitcoin.

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December 23, 2017, 09:38:14 AM
 #476

Yes, social media is one of the most influential method to make bitcoin popular because now a days many people using social media and thats why many people will get interest and invest in bitcoin.
Yes, social media greatly affect the growth of bitcoin because its always an instinct of us that if comes of money talking then the curiosity will follow and todays generation almost all people are following the social media.

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December 23, 2017, 09:46:45 AM
 #477

Of social media greatly influence the growth of bitcoin. Due to the rise of social media users, can be used for socialization about bitcoin. Social media is the most efficient place to provide info, including bitcoin, surely this can make bitcoin grow bigger.

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December 23, 2017, 09:51:47 AM
 #478

Social media is influencing your day to day life. You choices are somewhat influenced by it. The brands you buy, the place you eat or travel. So its a yes it an influence in Bitcoin growth.
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December 23, 2017, 09:54:59 AM
 #479

Yes, indeed! It's one of the medium used in disseminating the good news about bitcoin and that what makes BITCOIN even more popular. ICOs have also used the same medium of spreading the word of their project via Facebook or Twitter that is why social media campaign is included in most of the bounties of ICOs.

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December 23, 2017, 09:55:38 AM
 #480

The ever-widening availability of Bitcoin news has created a tremendous amount of interest in the value of the currency, but it also spreads uncertainty. The trading market in the cryptocurrency can fluctuate up and down depending on the character of the news being spread on social media.This explains why social media communications play a vital role in pricing and valuing cryptocurrencies like Bitcoin
With the increasing value of social media, its plays a major role in the information sharing which is a vital part of developing and running a cryptocurrency like Bitcoin. Social media platforms have been a core part of the Bitcoin world since the currency’s inception,the likes of twitter,facebook,telegram......the list goes on.
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