Does Social Media Influence bitcoin growth?

[teejaymuna]

Social media has a massive influence on Bitcoin growth. I'm pretty sure a whole lot of Bitcoin folks got aware of it via social media. Social media is fundamental to the future of Bitcoin

[aji567]

I think yes the social media affects bitcoin growth. for that let's disseminate bitcoin so the bitcoin price increases.

[rancidgash]

Yep! Social media is a great tool for digital marketing. And by advertising bitcoins you make more people invest in it, so in that way it has influence on bitcoin growth 

And that's what makes bitcoin more dominant over the past few years because of advertising via social media. It invites more and more investors to come in and invest that is why bitcoin's price is getting very high that it reaches 20,000$ lately.

Undoubtedly, the greatest achievement of 21st century is the emergence of the Internet. Almost all over the world is communicating "on the net" around the clock.The social network is a social structure of nodes (mostly individuals or organizations) linked to specific types of nodes such as ideas, views, financial benefits, friendship, traditions, hyperlinks and others.This helps growth on bitcoin

[Gabrieelle]

Does Social Media Influence bitcoin growth?

Almost every people in the world are connected through social medias because now a days they consider these platform as a mode of entertainment or they use it to be updated on current issues and news. These include the rise of bitcoin in which the price went up very high for the last few months and it caught the attention of a lot of people.

[Givebirth]

Does Social Media Influence bitcoin growth?

Yes social media is one of the tools for spreading news and updates about crypto-currency and bitcoin. It is like chain that if one spread the news about bitcoin it will go through out the web and social media and it will cause many people to get interest on what is bitcoin.

[hoodi]

Social Media is one of the biggest influencers in general , so yea bitcoin does get affected by it.

[pxo.011]

Does Social Media Influence bitcoin growth?

yes it is,  in this generation social media is a big impact to all people that used social media as a past time so they confuse what social media endorse and the curiousity of the user will triggered and research about it so I say yes it is.

[genology]

Absolutely! Bitcoin is a currency originated online. I think the best way to reach the target audience of Bitcoin is by social media because it is where this currency goes around, in the internet. It makes people aware and educated about what bitcoin is and what are its benefits.

[cybersofts]

Does Social Media Influence bitcoin growth?

Yes, of course, social media contribute a lot in so many different ways in boosting bitcoin price to another level. I used to saw many people posting about bitcoin without knowing anything about bitcoin. they just was how bitcoin price was booming, so interesting, and that is why they like bitcoin.

[Adv Tahmina]

Of course.some people got advise it into social medias like facebook,twitter and all the sites that they advise bitcoin.Social media is helping bitcoin grow interest in people.It also spreads news and information widely.So social media is a big factor for bitcoin growth.

[beej]

Yes, Social Media greatly influences bitcoin's growth. It's strong and consistent
advertisement. Social media's reach is far, wide and global. Bitcoin's popularity
is elevated through constant exposure and quotidian updates with social media.
Anything that is featured in social media instantly gains eminent audience and
notice. With the support, opinions and skeptics altogether they contribute a wide
effective and complex form of modern advertisement.

[bitqistchris]

Of course, much in the cryptoverse is about FOMO and FUD and social media is ideal to spread it.

[4U]

Social media has a huge influence on bitcoin or any other coin. Just the other week John Mcafee tweeted that Verge will go to 15$ around summer 2018. It was up till then around 60 satoshi and immediately people started buying them up and it flew all the way into 1900 satoshi range. Let me put it this way, if you have a huge social following, you can easily buy up a cheap coin for $100k worth. Then tweet about it that it's the next best thing without even anything to back it up etc, like Mcafee did, then see it soar to like 30x times higher than you bought it for, dump all and net around 3 mill from your 100k investment in just a day or two. After Mcafee's tweet the volume of Verge was over 1 billion within 24 hours. The rich get richer this way and the average gladly hand out their money to them. Fools are easily parted out of their money as usual.

Yes the social media will definitely affected having influence on Bitcoin. Because as people share their knowledge and personal experiences on social media like Face Book, twitter, link din and whatsapp etc. Therefore in my sense Bitcoin goes more popular with the help of social media. Actually the Bitcoin is the currency of technology and social media also the uses of technology so it will affect Bitcoin. Mostly people know about Bitcoin on social media and now they are the regular investor on Bitcoin.

[anavir]

yes because people can hear or read about bitcoin...they will be encourage to joined or buy because of great profit they will earned and thats because of learning thru social media

[Ahimoth]

Does Social Media Influence bitcoin growth?

Yes, social media has a great role to the bitcoin for growing.because, social media can connect in every other words and it is number one socialize so that it easy to spread the bitcoin this. In way of advertising, in the facebook,twitter and other social media accounts. And also bitcoin is for the online shoppinh so that it helps each other to grow it more

thats right  . many people now knows it because it has been heard many times in different social medias. but the sad part it not all in the social media are really true especially when it comes to what really bitcoin is i doubt that many of us using social media knows it too well.

[markint]

Maybe it would not be ideal, but all the rumor mill that circulates around bitcoin in social media tends to trigger chain reactions that in one way or another affect the bitcoin. Over the few years of observation in this market it has become clear that it is enough that some rumor circulates to trigger a massive sell-off as witnessed in September after the alleged ban of the ICOs in China.

[MetalGear]

Does Social Media Influence bitcoin growth?

Social media has a big influence in growing of bitcoin ans because of social media bitcoin become famous and popular in other country. On the other hand , some people use social media as a medium where they used it to spread all knowledge and information about bitcoin and cryptocurrency.

[ChrisSand]

Social media is already been used in marketing new coins and new ICO's. The influence of social media is very big and its considered as a big factor for a successful project.

[Asuspawer09]

Does Social Media Influence bitcoin growth?

Everything now is at handy by social media. Campaigns, school thingys so on and so fort are almost posted on it to gain more attention and of course bitcoin as well. It happens that users now a days are more connected with social media. That is why even with the bitcoin transactions happen ove it.

[jaocoincrypto18]

Does Social Media Influence bitcoin growth?

Social Media and any other form of advertisements will surely help influence any kinds of products and businesses specially bitcoin investments. Like me i learned about bitcoins thru Twitter advertisement in which it link me further to bitcointalk.org then after that i learned a lot and i'm on bounties and trading now. Advertisements was created in order to deliver and to promote the product to masses so that it will grow.