Does Social Media Influence bitcoin growth?

[ringgo96]

Social media is definitely very important to Bitcoin growth. 1 person is able to spread to 10, 10 are able to spread to 100 and the list goes on. If there are social media around, Bitcoin could actually be stuck at a price few hundred times or more lower than it is currently!

yes man .i agree with you.social media very important for bitcoin .for social media many people know about bitcoin.there earn money.so social media must  be bitcoin growth.

social media is a very important role in the development of bitcoin, because social media that can indeed disseminate information from one person to another, so we do not have to bother in spreading bitcoin to others.

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[boyshx]

Social media is the most powerful medium of transmitting knowledge, information from one part of the world to another. There are more than 4.77billion mobile users in the world. Bitcoin is a decentralised currency, with no central authority to regulate or promote it. Many people still don’t know about bitcoin and its advantages. Bitcoin is completely unknown to them. If bitcoin community starts social networking options like twitter, facebook, whatsapp etc. it will help bitcoin to reach almost every part of the world. Lack of bitcoin on social media really affecting its progress.

[Eugenar]

Does Social Media Influence bitcoin growth?

Well I think it has to do with its popularity. People are mostly interested and are into social media and it also shows that social media is a factor which helps and controbutes to the growth of Bitcoin since I myself, known Bitcoin through social media. Since more people are getting interested into Bitcoin, the demand is increasing and same thing happens on its market value or in general. This is a product of the new era where we are into.

[jerlen17]

Absolutely,  i think many investors saw bitcoin from social media, at first when they saw it and they dont have any idea in bitcoin they got curious and do some research about it then when they convinced and see the potential to have a huge profit from bitcoin then that was the time to invest bitcoin. Social media is very powerful in influencing many people.

[sirkings0003]

Does Social Media Influence bitcoin growth?

Social media is at the heart of growth and popularity of bitcoin and other cryptocurrency. At least i was forced to study about bitcoin because i always see messages about bitcoin on the social media. That is also why bounty includes social media platforms.

[@alaji]

Certainly yes, social media influence bitcoin growth. The use of twitter, facebook and other have a great influence bitcoin growth through twitter campaign, facebook campaign etc.

[magicmeyk]

Yes it does, thanks to social media more people are now investing in bitcoin because they see the potential of it.

[BlasterS]

Social Media is a powerful tool that can be used to disseminated information without spending any single drop of money for it.
Many people got engage of using social media and I think that is the reason why the bitcoin community is increasing and many people supports bitcoin’s services.

[katarin2030]

Yes it does, thanks to social media more people are now investing in bitcoin because they see the potential of it.

Definitely no doubt about that, Social media is a great platform and perhaps the easiest way that enables us to reach people's all over the world can share information so social media can influence the growth of bitcoin. Already many people are discussing about the bitcoin in Twitter, Facebook.

[syntac]

Does Social Media Influence bitcoin growth?

Of course, bitcoin grows with the widespread of information disseminated by society through social media like Facebook, Twitter, Instagram and others. Social media also actually affects the development of altcoin that is now increasingly emerging.

[dontoromeo]

Of course, yes, whatever we do today is influenced by social networks to a large extent. Advertising campaigns have become essential for the businesses of the century, and the BTC can not stay behind.

[Luke101]

yes!!!!!
Let me say I have 2000 friends on Facebook, I post something about bitcoin...
lets say 60 percent will ignore it, 20 percent will just react on it, 15 percent will got interested and ask you about it, 5 percent will start making account.
although 5 percent join in, just look on the factor that 40% on my 2000 friends and that is around 800 individuals, who have learned about bitcoin by using facebook as social media.

[GreenBits]

Of course, yes, whatever we do today is influenced by social networks to a large extent. Advertising campaigns have become essential for the businesses of the century, and the BTC can not stay behind.

This is oh so true here specifically, due to a lack of news sources for folks to draw consensus from. There are a lot of btc news sites, to be sure, but given how quickly one has to react to news in order for it to be useful, by the time a thing makes it to a major news outlet, it is stale. Given that news here also usually has profit potential, folks are a bit nepotistic in the way that news spreads from the origin to the crowd.  So social media has become an additional source of diligence. and people are exploiting this, by paying influential people that are willing to promote

tldr; dont trust the news here its a chicken egg thing.

[bestbiz9]

Social Media  played a important role in bitcoin growth as almost everyone has a social media account right now. It was the mean medium use to spread out information about Bitcoin. Lots of people got a glimpse of it because of the news, articles, post and etc circulating on all social media platforms. That's how mostly first got an idea about it.

[Thian778]

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 

I agree with you buddy, Social Medias now a day is the best way of advertising products, item, idea, and knowledge such as bitcoin.
Because almost 89 percent of people are using the internet to spend their leisure times, past times and they read also some news or updates on online social medias...

[Chainblock]

Yes, social media can influence bitcoin growth, with the help of social media many people are getting the information and knowledge about bitcoin. They can quickly search what bitcoin is and how to gain bitcoin. Even me, I just know bitcoin with the help of social media, and now I’m starting eaning some bitcoin.

[Washball]

Sure social media can influence the growth of bitcoin. The mainstream is informed through social media, that is why so many people now know about bitcoin. These people who are now interested, have maybe bought bitcoins and so they are part of the growth. But of course the largest grow comes from big investors.

[halenephthys]

Social media have a really big effect on the society. Its influence to the people is no joke.  So I think that social media influence bitcoin growth. As people nowadays are engaging with social media activities, the news about bitcoin being posted online spread fast. The curiosity of the people grow. Many people know bitcoin first through social media.

[jackolinyoko]

Yes i think it has a lot of impact,sharing about what crypto is in social media will make some people understand to what it is,in short the more investors to come the more value of btc we will have.

[Pain Packer]

Of course it does. That is why there are social media campaigns in the bounty campaigns of each ICO. This help promote their coin but people who don't know anything much about BTC will recognize it as BTC. So social media really helps influence the growth of bitcoin.