Does Social Media Influence bitcoin growth?

[megatrix]

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 

Since using social medias nowadays are getting more popular, it is usually used to advertise and promote something and this is probably where bitcoin is mostly discovered.

[AniviaBtc]

Does Social Media Influence bitcoin growth?

bitcoin can be recognized not only by a few countries but also of the whole world because social media knows or discovers something or products and because the media they know especially bitcoin because many of us do not know bitcoin and through social media will recognize that it is a lot of us to keep up with bitcoin so social media is the way to recognize it

[Glutius]

Does Social Media Influence bitcoin growth?

Of course they do. It's no secret that any media can be bought. You can come up with news that will affect the market of crypto currency, and then release their refutation. This is how China has done more than once. We can recall, for example, the news background in the fall, when the Chinese authorities put forward a ban on conducting ICO.

[iyan33]

Does Social Media Influence bitcoin growth?

highly-rated social media for this bitcoin, 90% of all kompemen must use social media such as fecebook, twiter and other his because with social media spread of news broader and public

[Blockchanger95]

We live in the era of PR. Anything can cost millions if it has huge hype and force in Mass Media, even Kim Kardashian can do it

[mersal]

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 

Since using social medias nowadays are getting more popular, it is usually used to advertise and promote something and this is probably where bitcoin is mostly discovered.

Yes social media plays an important role in the development of bitcoin from the starting stage to now but some people are still don't know about bitcoin and it's good features and we need to teach them more in social sites .

[X2PR8888]

Social media does play a big role in the growth of bitcoins and all the other coins out there, even if it is still being developed or conceptualized.  The proliferation of users and interested parties was made possible by people's testimonial and continuous advertising/promoting of bitcoins and how to earn them.  It may have started slowly but now we can see how on top of those usual personal posts about bitcoin, people now advertises using facebook by sponsoring certain videos and applications normally requiring a log in.  In short, awareness increased through social media but the realgrowth, I'd have yo say is because of all those who believe in the value that it holds. The increase in demand resulted to it's growth and how it is enjoying the top spot in the worldofcryptocurrencies.

[ljm8888]

Social media can affect the growth of bitcoin. But it does not affect the intrinsic value of the bitcoin! Social media speech can cause panic selling or crazy rise. In a lot of social media speech. You need to have a certain ability to distinguish. A pair of eyes have a keen insight into matters is the most important. Can you hold it firmly? Or escape from a fraud. Depends on your.

[CaptainKid]

I agree with most opinions that the media play a big role in the world of crypto currency and can contribute to price changes. Information does not always correspond to real events, but not all people understand this and do not check the validity of the information.

[chrismarie1221]

Actually mate, its a yes, through social media many investors come everyday. Many new comers come to bitcoin because of interest on how or what bitcoin in inside of it.

[carlisle1]

Does Social Media Influence bitcoin growth?

not only for bitcoin but to the whole crypto currencies,this social media is now the most commonly use to advertise all the coins thats running in the market.and same on those ico.as what we can see now.more campaigns are broadcast thru twitter,facebook and reddit .and sotimes instagram or telegram

[munify]

Does Social Media Influence bitcoin growth?

Social media greatly affects the growth of bitcoin, because social media is a good medium for introducing bitcoin to everyone connected to it in cyberspace.

[spooneds1]

yes it will increase the users and investors if you advertise bitcoin in social media. most people around the world uses social media to communicate with their family, friends and love ones. each users in social media could also spread the information about the bitcoin. social media could really influence the growth of bitcoin.

[connesa]

Does Social Media Influence bitcoin growth?

the bigger the people who support the coin the bigger the demands will be.
the bigger the demands the higher the price.so one of the main reason why bitcoin grows that fast is because of the people who believe and trust on it.so i may say social media is one of the biggest asset.social media is really a powerful stuff.

[Seaze007]

Does Social Media Influence bitcoin growth?

Yeah for me its big help if you used social media to introduced bitcoin.  But you need to be responsible.

[23tamayo]

yes absolutely social media affects or influence bitcoin growth because social media helps bitcoin to become more popular specially to those person who has a social media account i think it helps them to start bitcoining and now it helps bitcoin to grow.

[zZHEROZz]

of course! recently, Social media has said too much about investing bitcoin is a risk. so the price of bitcoin has decreased

[bitctrimor1]

Does Social Media Influence bitcoin growth?

Of course, some people use social media to share information, social media is also a practical and fast way to spread the news, and it will affect bitcoin users, which impact on requests and offers.

I agree. It has a big contribution in its growth. I mean, not to mention how most ICOs have a social media department in promoting their projects right. Many people are always connected and subscribed today with different social media platforms, thus, promoting through a means that many people use is a good move to make it known to them how they can use it to their advantage. Also, it's easy because you just have to post it without actually needing to pay for a company to advertise it. You also don't have to use capital in making a physical means of promotions like flyers that has better impact. So, social media is really important.

[BitcoinZeroTeam]

Of course, it can. Social media can bring in new people into the cryptocurrency community and in doing so increase the demand. It's a fast way to communicate and spread information to the public about bitcoin. However, the information advertised through the social media is the most important.

[icol333]

After the price crash, you'll see how big the social media affect the market. Whether it will go up or down again, who knows? That's when the social media kicks in.