Does Social Media Influence bitcoin growth?

[zorchy]

Announcement of media has always played a big role in our life, in motivation and in decision-making.

[SiOmnesEgoNon]

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.

[apex944]

yes of course. Just based on facebook you can see the crazy amount of growth in the past few months.

[nellakarisma]

social media is very influential because social media is the fastest way to spread something or advertise the most quickly. With the social media bitcoin can be recognized by the world ..

[Butchick]

At some point, it does. Social media opens doors for bitcoin and introduces bitcoin to the general  population. Due to some icos and other  platforms that uses social media to introduce their project also intorduces bitcoin at the same time and somehow gives other people an awareness that digital currency does exist.

[Diggity94]

Yeah, more people talk about it, hotter it gets.  So social media most def helps it IMO.

Though hopefully people puttin some thought into things before buying.   

[selectaselectine]

Of course, yes. Social media became a medium that helps bitcoin to become more popular. Popularity actually helps in introducing bitcoin to those who are not aware of it.

[MakersONE]

There can be no doubt that social media affects not only bitcoin, but also all spheres of life. Information is spread all over the planet in minutes, so of course advertising crypto currency is working fine now.

[omitusaf]

Of course yes, but only bitcoin. If a news comes up online which is intended to create a FUD among the hodlers, it almost always happens as it was intended. Earlier today, I saw an headline that says Bitcoin crashes fr the first time in 2 years, and I was curious to know what's up only to discover that its price fell down a little bit before recovering back again.
Most times, people do not get the details, they just hear some fud and begin to panic.

[Sub1]

The recently released Tetra Pak Index 2017 report lists 132 million internet users in Indonesia. While almost half are social media enthusiasts, or ranged in the figure of 40%.

This figure increased considerably compared to last year, in 2016 the increase of internet users in Indonesia ranged 51% or about 45 million users, followed by a growth of 34% active users of social media. While users who access social media via mobile are at 39%.

Carrying the theme of 'The Connected Consumer', the 10th edition of Tetra Pak Index is indeed exploring further the digital world and online consumers.

Back in 2017, Tetra Pak Index also revealed that there were more than 106 million Indonesians using social media every month. Where 85% of them access social media via mobile devices.
So we can draw conclusions from the above explanation that social media has a big effect on bitcoin growth, especially now that we are in 2018, will be increasing Social Media users, thanks

[cybersofts]

Does Social Media Influence bitcoin growth?

Yes social media influence the growth of Bitcoin because some people uses social media often and also now all information is now base on social media . Social media also spreads news and information widely and rapidly so that Bitcoin will grow more because of social medias influence in people. So social media is a big factor for Bitcoins growth. But it doesnt mean that all information that we get in social is always positive or help Bitcoin reputation and growth.

Of course, Social media contributes a lot in promoting bitcoin and cryptocurrency. Many people are now on social media, using social media you can connect with many people almost everyone you know. Many people know about bitcoin and cryptocurrency because of social media, without social media they'll never hear a word about bitcoin or cryptocurrencies.

[bitfocus]

Social media influences almost everything these days, Bitcoin is no exception. Social media and celebrities influenced Bitcoin in past and also boosting now and will boost in future.

[greenbitsgm]

Definitely YES,social media is just one of the many medium that really influence the growth and popularity of Bitcoin nowadays.Through the various social media campaign being done on facebook ,twitter and reddit to name a few,it really helps spread Bitcoin to the various people around the globe who are connected into this channel,they become curious,aware and at the same time wanted to learn more what is this so called cryptocurrency.And once they know that it's not a scam of somekind they become interested and invest into it.

[Buttercup123]

Definitely YES,social media is just one of the many medium that really influence the growth and popularity of Bitcoin nowadays.Through the various social media campaign being done on facebook ,twitter and reddit to name a few,it really helps spread Bitcoin to the various people around the globe who are connected into this channel,they become curious,aware and at the same time wanted to learn more what is this so called cryptocurrency.And once they know that it's not a scam of somekind they become interested and invest into it.

I agree and in addition, even the oldest investors are looking in social media for more ways to invest. Social media is in click right now,  and most of the business firms are using it too to advertise their product. Bitcoin also uses the social media that is why we have campaigns regarding facebook,  twitter and other interactive platforms. Social media can dramatically increase the popularity of a certain thing, mostly people and products being use and i think that bitcoin have increased in popularity by us advertising it to the world. Same thing with alt coins but bitcoin is much more popular.

[icaica22]

Surely some people use social media to share information, social media is also a practical and quick way to spread the news, social media is very beneficial to Bitcoin ..

[wilburwilbur]

Does Social Media Influence bitcoin growth?

yes social media affect everything no just bitcoin but also alt coins
social medias affect like almost everything, it can affect anyone's perception, political view, economics, religion and cryptocurrencies
social media made a great impact since 2006

[VPoro]

certainly. the more people know the market the more capital will come. but to people know a coin, the Social media have to do its work. That is the reason why a new ICO needs a bounty campaign.

[Chachacoin17]

certainly. the more people know the market the more capital will come. but to people know a coin, the Social media have to do its work. That is the reason why a new ICO needs a bounty campaign.

Yes i also agree on that social media is really help the bitcoin growth because aocial media is the way of sharing now a days.We are really prone on this social media because of the internet and something goes out in is really now basing on the fluent flow of the internet connection which lead all the  imformation to scattered all over the world.That is why i really believe that social media is really the big influence about the popularity of the said bitcoin.

[ChrishAi28]

Does Social Media Influence bitcoin growth?

Yes, social media have a big impact in bitcoin growth. Social media is the fastest way to know about news. Because of social media bitcoin become all known in different places in the world.

[kumarrajuiitd]

Does Social Media Influence bitcoin growth?

yes because of social media the bitcoin is growth. social media is the one of most reason why bitcoin is discover of some country in this world its because some people got advertise it into the social medias like facebook,twitter and all the sites that they advertise bitcoin!

yes social media has an impact on bitcoin growth,  as it is the most economical way to convey or popularise bitcoin coin concept of marketing