Does Social Media Influence bitcoin growth?

[Rrtt]

Does Social Media Influence bitcoin growth?

Yes it does and in fact it is the biggest factor that influence the growth of bitcoin.

[swaptaker]

It surely does. The media influences bitcoin at a large scale. As bitcoin is a currency that gains value by its use. So with the media bitcoin maby people can hear abour bitcoin and it's pros. And that increases the number of people that trade with it and this way the value increases. Its true that the majority of media are promiting the idea that bitcoin is a threat and its a currency that make criminals escape the law but that not that bad because there nothing such bad publicity. Means people would be eager to know what bitcoin is and they will try to know what is this cryptocurrency and maybe they will trade with it.

I see lots of TV shows promoting and opposing bitcoin in united states. This is interesting, in 2015 and 2016, I never remember that I saw some TV shows including bitcoin meta.

[mutrang23]

Does Social Media Influence bitcoin growth?

Communication influences strongly on Bitcoin's growth, good information about Bitcoin will motivate investors to care about it. As much information about Bitcoin is given, it will affect Bitcoin.

[kallen02]

I think Yes, social media has definitely had a very large and noticeable impact on the growth of Bitcoin.  This isn't to say these influence aren't good  feedback. One way that this may social media revolution has the ability to spread the rumors about bitcoin. And let them people know and talk about it.

[19Nov16]

With social media then everything will grow quickly, this is what all devs use. using social media to expand their business, I'm sure that the presence of social media contributes greatly to the development of bitcoin.

[Nanot]

Does Social Media Influence bitcoin growth?

Yes bitcoin can growth by the help of social media because since then their are too many partner of bitcoin to gain more investors and make more money such as in facebook,twitter,telegram,youtube,blogs and etc... and that was a form of social media. So that it stated that it is a part of bitcoin portion.

[Lizzie_Girl]

Yes social media influences a lot more then just bitcoin. The media can influence people in many ways good and bad. Weak people give in to nonesense news and believe anything they read. Strong people will question what they see and read. To survive on the bitcoin world you need to always be asking questions.

[deathland113]

In recently many influencers just trying to kill bitcoin
Some other like John McAfee use his reputation to make money from shitcoin.
I don;t know why many people follow him to buy the coin under his call then lost almost as it only shitcoin

[elvinjamon]

Does Social Media Influence bitcoin growth?

It is a good question sir.  In fact,  it really is.  Social media accounts like facebook, twitter can boost the growth of any company having a digital money in their transaction.  It will help them grow their company as well as to be more popular.

[johny.valencia2]

What you told is right, in exchanging primary key is tolerance on the off chance that you dont have then you will be in misfortune so it is better initially to make little stride of contributing little like 10% of your speculation to be utilized for exchanging and with that you exchange and after some days you get experienced you run with as indicated by your venture.
My wellspring of bitcoin is from altcoin which are coming to new to market and I get free giveaways and doing little assignment of web-based social networking and procuring free coins and exchanging them and winning it. aside from that games wagering is likewise great

[Nyenyepogi]

Yes, in a very good manner, because of the current good reputations Bitcoin gets especially on Social Media Sites like Facebook and Twitter, many people are interested and are engaging in the Bitcoin Community, which furthermore increases its monetary value and therefore making it more valuable.

[Basterian7789]

Yes definitely. Social media is a great help in influencing all other people with bitcoin. We can learn so much from social media with regards to investments, selling and buying bitcoin.However, if crypto currencies get advertised on televisions, I can say it with hundred percent surety that the rate of growth and usage of all crypto coins will increase very fast.

[SaiWAFU]

Yes, social media greatly contributes to bitcoin's growth. We have to admit that some stories are sensationalized by people from one post on social media to another.

Bad thing about it is that if it can help the growth of bitcoin, it can also serve as it's downfall. If an influential personality who's not that knowledgeable and talks about bitcoin, chances are a lot of his followers might believe him and have a wrong information.

[indriyanti]

Does Social Media Influence bitcoin growth?

every one of use have social media accounts. we can always share what we think of as easy as one click. facebook and tweeter has very vast effect on their users. when we talk about bitcoin, most of our friens would read it, and that would bring effect to bitcoin itself. moreover, when the ones who speak bitcoin are famous people, the more people pay attention on bitcoin. so yes, social media influence bitcoin growth.

[xbl1008]

YES, social media is a form of walking advertisement where information can easily be displayed and viewed by the people what ever of age or state you are with social media ideas can spread faster that before and communication is much simple that another click would connect you to different person to know what are their opinion do they opposed or support the technology of bitcoin or not.

[m1c0]

yes social media affects growth of bitcoin and other cryptos. I see it more and more by so called social influencer, all they want is refs and talking good about cryptos etc. but they don't know anything about it which makes me super sad. So yes they spread the word but in a bad way imo

[zhopas]

Does Social Media Influence bitcoin growth?

in my opinion its a yes because social media is a big part of every people's life. Many people are engaging on social media. Hence, if the bitcoin will advertise in social media it is not possible that many people will see it and they may become curious what bitcoin is. If there are many people become curious about it may help to grow the economy in the world of bitcoin.

[Prettyme]

Does Social Media Influence bitcoin growth?

Social media has been proven that it is the best and effective ways in dessiminating information therefore social media is a great factor that influence bitcoin growth. That's why here in this forum there is social media campaign to promote their project and they saw the help of social media to make their project well known and can attract investors.

[TheGreatUnknown]

Of course!
Social media can affect the influence of the masses of people because as we all know we are living in a world right now where a single individual in a society has a social media accounts and also many people spend so much time through the internet, also it is easy to spread the things in social media where it can be seen by a wide and all ages audience.

[assyla]

Does Social Media Influence bitcoin growth?

Yes Social Media can influence the netizens by sharing some information that can be true or not. It can also influence an individual who are seeing some facts that can made them to use Bitcoin they can be curious about it and join the bitcoin economy.