Does Social Media Influence bitcoin growth?

[anwar98]

Yes, very affect. Because social media plays an important role to grow Bitcoin and its popularity. Social media is used by people to share news. Many new users can see the news and they are interested in Bitcoin..

[1715104872]

1715104872

[Beehives]

Does Social Media Influence bitcoin growth?

Yes.  There are million og people in social media. It is  a powerful tool to promote any kind of products or services. We cannot deny the fact that Social media become an indirect medium of promoting btc.

This one of the reason why new coins/tokens is always involve the social media on their promotion or bounty. It is easy to propagate your products if it is flooded in social media. Less cost and high gain kind of promotions.
 

[binting]

Does Social Media Influence bitcoin growth?

Yes, media influence really because many people will see how good it profitable and many people will admire it. Many people here will try to trade it and they will know all the mechanics of trading. It will grow and improve trading because more people will work here. Along with the growth in the trade knows this will also most people destroy and people with negative views. They do this story and discredit it in the eyes of men.

[CuteBaby123]

Does Social Media Influence bitcoin growth?

Absolutely yes. Imagine if there are 5,000 bitcointalk users here and they all have social medias and they post once a day about bitcoin. Social media now has a great influence in every aspect of Bitcoin. Every country now knew about it and every person knew about bitcoin is because of social media.

[brightamo]

Yes social media is the main influencer of bitcoins popularity and sudden demand. Most newbies only got to hear bitcoins from facebook ,twiitter and Instagram . That is the reasons why most bounty campaigns of ICOs target social media advertisement for participants to share and retweet their contents.

[SW33T]

Yes, of course! Without social media, this cryptocurrency will not be successful as it is today. Social Media plays the biggest role in influencing the growth of community including its investors who continue to lead and trade. Advertisements from different sites also give a boost to the market. The "hype" that's surrounding this will forever maintain and us, community, hope to maintain it and also control what we started for.

[kkofor]

I think yes. I have seen many fake news affect the market. most of them make weakness investors sell in panic. You can look the market recently to know.

[paulmusa25]

Yes! Ofcourse! because our social media today mostly twitter or facebook. When the hype comes to social media many investors and traders will buy bitcoin.

[RAOLUOXIANG]

Without a doubt, social media is a double sword. Bitcoin is getting too much attacks by media. I hope someday Steemit can overcome the shortage of traditional media

[qtypatuty]

Definitely yes. Social media is fast and free and it has been a tool to spread information with ease. Information regarding bitcoin was rapidly spread through social media because many people have been using Twitter and Facebook to share information and they have been a huge influence to what made bitcoin what it is today.

[FlintJuan]

Yes of course Social media is the best influence of bitcoin growth they have many advertisement in Social media like on facebook etc.

[shikon_shard]

Yes, because almost all of the people are in social media right now, and there's a lot of advertisment about bitcoin, in facebook there's a lot o group pages regarding bitcoin

[Samuel185]

Yes, social media has a huge influence on the growth of bitcoin. We all know that the price increases together with the demand. Social media is the fastest, cheapest and largest way of connecting people.and other news as a place of wide information, because every day people must open social media

[ateebshaikh290]

Yes, social media influence bitcoin growth in both positive and negative manner. Some media shows the positive side of bitcoin which attracts the peoples toward bitcoin and for this people leave their jobs and start working on bitcoin which is very good but some media show the negative side of bitcoin they show that how it eggects negatively on people i.e they show the people laziness and other heath problems and the price of bitcoin is decreasing.

[Heartstrings]

I think social media influences Bitcoin in a positive way since it enables people to discuss what's going on with Bitcoin to newcomers and those interested to join.

[Joylee]

Social media really one, that cause rapid growth of bitcoin members. Many people posted in social media, some people posted on social media videos and demonstrated on how to access bitcoin.

[Err_Line127]

Yaa, I think so, because the social media is so fast to influence the news about everything, brutal and can't controll

[kjnfmplm]

Yes. Social media is affecting bitcoin greatly. Since there are advertisements regarding bitcoin. There are also groups and pages that are created by bitcoin users. Therefore, if people see it on their facebook newsfeed, some may get intrigued and learn some about it. And who knows, they may even become users.

[BlasterS]

Of course social media make a big influences in the growth of bitcoin, because when the social media accepted bitcoin and they always broadcast about bitcoin many will invest in it and the price of bitcoin will rise up.

[Jhaypril05]

Yes! Because there are more people is using it for spreading news and for advertisement also. Social media is one of the best way to introduce bitcoin. Spreading news about bitcoin in social media can make influence in bitcoin growth because social media has over million or billion people used it to spread the words about bitcoin.