Does Social Media Influence bitcoin growth?

[2Godbdglory]

Yes , social media is the bedrock of Bitcoin because without social media so many countries cannot be aware of bitcoi . Therefore the knowledge will not be globa . Social media has enlighten so many people about what is going on in the world.

[1715274070]

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[ShadowBits]

Yes, but sometimes social media also brings so much FUD, and some links that scams people. There are already too many scamming websites that are coming out from social media.

[klebsiella]

I do believe it does. Social media is already part of our lives and it plays a significant role in getting the word out to the general public. Spreading information creates a lot of impact on bitcoin's value. Any positive and negative info posted can affect the market. Like media hype can readily increase its value, while news using bitcoin in illegal activities can lead to price dips.

[Pinoyfan]

Does Social Media Influence bitcoin growth?

Social media has big capacity to influence bitcoin. Why? Because in this times, many are users of facebook and other social apps.  Sometimes when we woke up, we already browsing the web first, than taking our breakfast. That social media becomes part of our everyday life.

[bisdsad]

Social media, by giving up all sorts of news, draws attention and affects the price of bitcoin. For example, if an exchange is hacked, bitcoin may fall slightly in a few days. The promotion of cryptocurrencies through social software such as Facebook and Twitter also has an impact on the price of cryptocurrencies.

[Davidbee]

I think social media can make bitcoin popular.
There are still many people who don't know bitcoin, and we can let these people know about it through the media.
I think the media is very influential.

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Does Social Media Influence bitcoin growth?

Social Media has a great impact to influence people. It strikes people attention. The power of social media now are uses to have a great effect of someone else. Bitcoiners are uses social media like facebook, tumbler and twitter to make it popular and people might know about it. When someone show the proof of earnings they will catch their attention and ask them to join and how to use it.

[RIYA0001]

more and more people are using social media . people are joining bitcoin by seeing advertisements on social media like facebook ,twitter and even on google .social media is definately influence the growth of bitcoin and more people are connected with bitcoin through social media .

[pinoyden]

Yes, but sometimes social media also brings so much FUD, and some links that scams people. There are already too many scamming websites that are coming out from social media.

this is also the reason on why facebook has ban some crypto ads lately due to growing case of fraud and money laundering cause by fake ico's. social media does have a big influence in the growth of bitcoin , not just bitcoin but specifically all crypto currency because people can do what they want on it, whether they make such fuds or shill a crap coin, etc. overall social media had an advantage and disadvantage to the crypto market.

[Gladz29]

Does Social Media Influence bitcoin growth?

Yes for me it's big influence in social media to introduced bitcoin. Because now a days most people using social media to connect other people all over the world. So it's bit influence to us and others.

[oegarod]

Does Social Media Influence bitcoin growth?

Definitely yes. A lot of people around the world is hooked up with the internet and social media is a good place where we can advertise anything and everything including bitcoin.

Social Media does a large contribution to the growth of bitcoin as well in the destruction of its value. Through the spreading of cryptocurrency related articles it supports in the adoption. Same with the negative and scams getting promoted through social media makes people stand away from bitcoin. As a result recently Facebook has made ban on ads related to cryptocurrency.

[lunnatic]

Of course it is very influential social media has become the needs of many people. No doubt if something a product can be famous quickly. Same with bitcoin without social media its popularity will not be as big as it is today.

[Christian13]

Does Social Media Influence bitcoin growth?

does social media influence bitcoin growth? I think so. Because some of the Influence have millions of followers. When some of them advertis a coin many off their followers will buy this. And many of of the follower who dont invest ind cryptocurrencies will start invest. and also  Many persons are using social media and they gain knowledge or idea what bitcoin is and what are the use of it.

[Anna567]

Of course it is very influential social media has become the needs of many people. No doubt if something a product can be famous quickly. Same with bitcoin without social media its popularity will not be as big as it is today.

Yes, now the spread of social media is very important, it is no exaggeration to say that it can determine the future of Bitcoin.

[reighbut2017]

yes. because first I'm not interested in bitcoin until i read some posts in social media so i started to read and study how bitcoin works.

[chikading2016]

Definitely yes, social media today has been the platform for communication thus, it is inevitable that Bitcoin could be one of the advertisements that have been spread by people all over the world through the use of numerous social media sites.
In fact Bitcoin had been introduced to me through the use of social media.
Thus, Bitcoin users in years later could be doubled or tripled in a hundred folds hence social media has immensely influential to any age group and status.

[Hmei777]

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.

of course, social media is one means to advertise bitcoin, Without social media bitcoin will not be famous and growing as we know Now. and to share information for some people.

[millionaireshs]

Does Social Media Influence bitcoin growth?

I believe that Social media plays an important role for the growth of Bitcoin, actually, media in general.
Social media connects everybody, we can share our opinion, information and entertainment because of it. Not surprising why it contributes to the popularity of Bitcoin. Even there are many rumors about the credibility  if Bitcoin there are still individuals that take the risk of this new trend. They share it to their friends or even family and hence, additional supporters of Bitcoin will arise

[lfc_san]

Does Social Media Influence bitcoin growth?

Yes, I think social media influences the growth of bitcoin. Social media is currently used by various circles from young to old. By utilizing social media as bitcoin marketing, this means there will be many people who are affected and know bitcoin.

[Niya]

Does Social Media Influence bitcoin growth?

Yes, there are lots of influencers on social media platforms like facebook, twitter and youtube.