Does Social Media Influence bitcoin growth?

[thet]

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 

That is absolutely  true and correct.  Social media helps the crypto currency to become more popular.  It helps to spread in the world because anyone can see and access the different social media in the internet.

[bigbosma]

Affects, and directly. The main distribution of information occurs in Facebook, Twitter, Telegram, Vkontakte (Russian site). Here the main population of the planet sits, and everyone strives to earn well, and of course they are interested in bitcoin. And many decide to invest in bitcoin, and the number of these people is growing every day.

[ranz_18]

Now the social network is very vigorously used precisely as an advertising platform. And for bitcoin it was no exception - all my friends and acquaintances who joined the bitcoin learned about it from social networks and continue to talk about it there. It is very convenient, fast and useful, since everyone can draw from there a huge amount of information.

I agree with you, my involvement of bitcoin was also because of social media. Social media is fast way of sharing informations, spreading news and advertisement. So the use of social media is very suitable in bitcoin world. It helps bitcoin to become more popular, valuable and recognizable to everybody.

[Emerge]

Of course it contribute in bitcoin influence, most of the news are there and a lot of people hear for the first time from social media.

[bitvelk]

Most people learn about bitcoin mainly on the Internet. And I treat these people. Now the whole flow of information is concentrated there. And it's logical - today almost everyone has a page in social networks, despite the fact that everyone there spends a different amount of time. And in Facebook and Twitter there is a lot of information about bitcoin and how it works. This is the most accessible source of information.

[mayidid]

Yes, but not directly. What social media do is make bitcoin more popular through their advertisements and through people's posts and/or testimonials. It really drives curiosity if for example you are not aware what bitcoin is then suddenly you read in your friend's post that they earned something from bitcoin. One may start researching about it, or the friends may connect and the conversation would start. More people becoming aware of bitcoin the more they will be interested to invest. More investors means higher bitcoin price.

[West0813]

Does Social Media Influence bitcoin growth?

Social media plays a big part in the growth of bitcoin. Because of social media bitcoin was advertise all over the world. Without social media bitcoin will not be popular as it is today. But now some social media site remove the advertisement of cryptocurreny on their site. I don't know what will be the effect of this move.

[Ian11]

First of all, i want to discuss you about social media, what is social media? and what it is all about?. Social media is a very or most influence key or factor in this time, all people had already known what it is social media. So for me social media can influence bitcoin growth like people who already influenced by social media. By communicating to other people, social media can influence all things.

[Ethernel]

The social media has a large part of the growth of bitcoin. It is because of the people in it. Majority of the user in the social media are seeing some ads, videos and post about bitcoins. It's a factors of its growth since its use for getting the attention of millions of people. This is a good strategy to get the attention of their eyes in order them to know about bitcoins.

[hibiscus]

                           The social media has got its own importance for the growth of  Bitcoin.The analysts pointed out that there are four different
socioeconomic parameters such as the development of user base, price fluctuations, search trends and interactions on social media platforms. The increased popularity led to growing demand which in turn stimulated activity in the social media. The more users join the network the higher the price.Through the internet all the market sentiments are visible and the resultant changes may occur in the bitcoin price.

[Reyan]

Social media takes a special place for Bitcoin growth as it highlights the NEWS about bitcoin the majority percentage start knowing about it and many adopts bitcoin, it's influence will play a major positive role in bitcoin crypto currency.

[toyang11]

Does Social Media Influence bitcoin growth?

Yes, social media nowadays has a big impact to our society we used it as our daily habit. Thats why social media's has a big influence in bitcoin growth!

[dollarneed]

Of course they do. Here, Facebook has already refused to advertise ICO, crypto-currencies and everything that is connected to it.

Exactly, I've just read this news.
here's the link : https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/
this will give a big impact to the cryptocurrency indutry, as we can see many projects advertised there in order to get a lot of costumers, no problem at least we have twitter, it's working perfectly.

[Savemore]

Does Social Media Influence bitcoin growth?

Yes it is! Bitcoin is becoming more popular because of the social media. There are many advertisement about cryptocurrency that we can see in all social media accounts. I know that many more people will enter to the cryptocurrency world.

[Razo123]

Yes absolutely, social media influence bitcoin growth because social media is one media to scatter information about bitcoin. Such as facebook, twitter, telegram, etc. In doing so, many people reached that information.

[Cedie]

Does Social Media Influence bitcoin growth?

Yes of course. Since social networking sites are one of the main advertising medium of bitcoin, it is not argueable to say that it affects bitcoin's growth. It makes bitcoin popular among those social media users which we can say are digital natives. They are the number one patron of bitcoin since bitcoin is virtual.

[Doni Ariyanto]

Of course social media affects the development or growth of bitcoin in people's lives. One example of the role of social media as a means of introducing to the public is when we see ads bitcoin on facebook or other social media. People in my country the majority use social media as their daily use, But only about 25% of them know what is Bitcoin, altcoin and Blockchain.

[elramsy]

Social Media can influence everything not just the bitcoin, with the kind of information going on social media, a lot of people are scared of missing out, and with this a lot of people will want to sell their bitcoin out, with this the value of the currency will depreciate. social media has a great influence in bitcoin growth, its because of this influence bitcoin has been finding it difficult to survive for the past few weeks. this is also a very good time to buy the bitcoin

[GeniusAko]

Does Social Media Influence bitcoin growth?

Social media is the reason why I became interested to the bitcoin. Many people are sharing their knowledge about bitcoin. Many people will become ware to what is bitcoin because of the social media.

[SteinsGate]

Of course Social Media is a key factor to Bitcoins growth. Social media is the new trend for Millenials and with this, different types of apps like, facebook, youtube,twitter,telegram are being used to advertise and spread the news about bitcoin thus making bitcoin to grow and have more investors.