Does Social Media Influence bitcoin growth?

[gokudera]

Does Social Media Influence bitcoin growth?

Yeah, it can influence the bitcoin growth. In what way? Social Media is very big area that there is a lot of people who are accessing it. Social Media can give and share some information about bitcoin and the Netizens can be influence and try bitcoin. They will buy some bitcoin that can contribute to higher price of bitcoin.

[DoublerHunter]

Social media really affect the bitcoin growth because that is where the people interact and share their opinions and with their opinions they can easily affect the other people's feelings and that gives the chance for the market to be affected by the social media and that is the reason for the price of bitcoin because the social media really helps the manipulators to spread the FUDs that made the price of bitcoin to fall down.

[Icaraswipeout]

Mass Media in general have impact on BTC valorisation.
as they only produced atricles on dramatic movements.
Plus they do it with a time lag.

[bitcoinsocial09]

Does Social Media Influence bitcoin growth?

I think yes. all we know that social media is the biggest part of advertisement nowadays so that if bitcoin will advertise in some social media it will help to the bitcoin that will be popular. In that way the society of bitcoin will grow and they will depend here. Social media is a big part of our life and also to encourage the people in the world to make the bitcoin become wide.

[Vendetta666]

Social media can play bitcoin because it recognizes bitcoin especially when it comes to social media as much as asking what bitcoin and so many are in it. and it will be recognized in different places and will make the person involved and distribute it to their acquaintances to get more bitcoins.

[morrisby25]

I get the first news of Bitcoin from social media. An article was written on about someting positve and some threat for global economy. Then my curisity increase to know about Bitcoin. I think Social Media influence a lot for Bitcoin growth.

Yeah a lot of the new users joining and pumping the price was fully due to the new users from the social media

[piter66]

This is of course as social media has a particularly large influence and a particularly wide range of influence, which will affect the social reputation of Bitcoin.

Yeah the power of social media in this day and age is huge. Like say Facebook itself has like 1 billion users at this point

[wallstone]

Does Social Media Influence bitcoin growth?

Yes, the social media advertise the bitcoin, it help bitcoin to know more people around the world. The social media is a big influence to become more popular of bitcoin now, cause they advertise the advantage of bitcoin in people. That's why more people now joining in bitcoin.

[Jossy111]

YES! social medial has really influenced the rapid growth of bitcoin. as a matter of fact social media has been the backbone and the strong pillar behind bitcoin. because social media has played a big role in creating awareness about bitcoin to the world. social media is the reason why you and I can know much about bitcoin and cryptocurrency generally today.

[zzxswqq]

I think so, if the media keeps spreading bad news about bitcoin.
That would lead to a drop in the price of bitcoins.

The mainstream media FUDs BITCOIN and cryptocurrency every single day. It’s mainly FB, Twitter, etc which is still better

[RakelA96]

Does Social Media Influence bitcoin growth?

yes it is the dam truth i think.Because social media is a media wchich is currently ridding on the top of the world.social media is the one of most reason why bitcoin is discover of some country in this world its because some people got advertise it into the social medias like facebook,twitter and all the sites that they advertise bitcoin

[jlaw007]

Yes, that's actually how it grew, and that's why altcoins have campaigns on social media.

[Doge dealer]

Definitely a lot of people even though they have heard about bitcoins have not payed any attention or made any effort in trying to find out what it is , social media  has played a very important role as through this medium millions of people have gained some knowledge as to what these cryptocurrencies are . almost everyone in the world is eighter a member or has access to one of these social media platforms and as such its an excellent avenue to market and dissipate information effectively.

[kitkat04]

Does Social Media Influence bitcoin growth?

Social media has a large influence in the bitcoin growth. The social media keeps on advertising and promoting the bitcoin and other altcoins in every users of the social media apps. The demand for the bitcoin increases because of the social media. They promote the bitcoin to be use by the person as an investment. The social media is one of the reason why the bitcoin is in the top and consider as the father of all crypto currency. Social media is a great help for promoting the bitcoin in the netizens.

[swaggalomo]

Of course ,Social media has alot of influence on bitcoin and other altcoins because information is everything and without information shared there is no new knowledge to be gained by individuals. Bitcoin has grown alot thus past year because of more awareness and intrests shown by old and new investors and media is the quickest way to pass information.

[JC btc]

Definitely a lot of people even though they have heard about bitcoins have not payed any attention or made any effort in trying to find out what it is , social media  has played a very important role as through this medium millions of people have gained some knowledge as to what these cryptocurrencies are . almost everyone in the world is eighter a member or has access to one of these social media platforms and as such its an excellent avenue to market and dissipate information effectively.

Social media has definitely have a big part of an individuals decision for example someone scammed because his investment was taken and the company has suddenly closed then the tendency those who will start to invest in bitcoin or no knowledge about bitcoin at all will have a negative impact about it and would never try to invest.

[Lare linglung]

Does Social Media Influence bitcoin growth?

Of course, because social media is a factor where the rapid growth of bitcoin as it is today. they hear a lot of news from social media like Facebook and Twitter. social media is another bitcoin and crypto deployment tool that can be quite reliable.

[cutiemolit]

Definitely a lot of people even though they have heard about bitcoins have not payed any attention or made any effort in trying to find out what it is , social media  has played a very important role as through this medium millions of people have gained some knowledge as to what these cryptocurrencies are . almost everyone in the world is eighter a member or has access to one of these social media platforms and as such its an excellent avenue to market and dissipate information effectively.

Social media has definitely have a big part of an individuals decision for example someone scammed because his investment was taken and the company has suddenly closed then the tendency those who will start to invest in bitcoin or no knowledge about bitcoin at all will have a negative impact about it and would never try to invest.

Social media influence Bitcoin growth it's because many people now a days involved in social media. The more they used to it the more information they gather. Bitcoin will be discovered easily through social media help.

[pratik.korde]

Ya obviously, in today's world social media is great for digital marketing. many peoples promote and share information about bitcoin on social media, this is the one of the strong reason bitcoin is popular right now. social media growing interest about bitcoin to invest in it.

[v0rtecxz]

of course, can you imagine how many people are using social media like Facebook Twitter Instagram and others, of course there are many people who use social media, with the social media petrified to know something like crypto, surely many people will get interested and want knowing something has been promoted, and the more people who join and invest in it, of course it will have an impact on prices that will increase because of the large number of new users who join