Social Media effects on Bitcoin.

[Niftyyem]

The period we are now is a time where almost everyone has a social media account and I cannot but wonder how far social media has helped increase awareness of bitcoin and even affected the price of the king of all Cryptocurrencies. Also which platform do you think propagates bitcoin the most?

 

[Mawome]

Facebook is the main platform where you get first hand information about Bitcoin news and stories, apart from Bitcoin news, everyother news too are also there, everything you need to know is on Facebook.

 

[Ehizzy1]

I think twitter and tiktok is one of the major platform that have impacted and have effect on crypto currency , and remember the doge coin hype and many twitter infulencers have used the social media to influence the use of crypto

 

[Lagazine]

Most of the social media platforms has given bitcoin more popularity than never before, they made the coin known to majority of people through the adverts and creation of link on their sites. Not only bitcoin gain her popularity and help otherz bizdustry.

 

[Suba]

I think Twitter is the platform that spreads bitcoin and cryptocurrency the most, because many big and famous people join Twitter. so that their tweets will be trusted by many people so that it will affect the price of Bitcoin and altcoins.

 

[Ralphjoe]

Social medias has given Bitcoin more popularity than it can ever get elsewhere because Bitcoin is mainly used by youngsters who are the major population on the social network.
This has become so much that there are now alot of coin airdrops on twitter, telegram.

 

[Abibatabosede]

Social media has done a lot in the world of communication,it has really contribute to the bitcoin growth a great deal, and it still increasing the number of people joining the industry day by day in a tremendous way.

 

[Kamon c4]

All social media platforms contributed greatly in creating awareness for bitcoin. Facebook particularly created much awareness than others since there are lot of users on the platform. Twitter, telegram and Instagram inclusive made cryptocurrency popular and enlightened the people about cryptocurrency

 

[WhiteHouse]

Social media is all over the place. The large parts in the business convey billions of clients and gloat enormous layers of information and substance. Nowadays, however, web-based media might be in for a significant change, conceivably because of the ascent of blockchain.

After Facebook, Twitter, Instagram and others spent the better piece of the thousand years increasing at brilliant rates, clients have as of late began to abandon web-based media accounts, picking a solitary record, or no online media at all.Recent reports about how web-based media influences mental prosperity mirror an overall disquietude among previous fans, and it appears to be that even unwavering web-based media addicts are beginning to develop discontent with pictures of food and long harangues about policy centered issues.

 

[Niftyyem]

I think Twitter is the platform that spreads bitcoin and cryptocurrency the most, because many big and famous people join Twitter. so that their tweets will be trusted by many people so that it will affect the price of Bitcoin and altcoins.

I also see Twitter as one of the platforms that promotes cryptocurrencies the most. For instance, most airdrops, be it fake or real always have a twitter page to follow and you will always see tweets on so many crypto projects on Twitter.

 

[Patrik]

i believe any platform that shares news or talks about cryptocurrency generally is helping all coins, because it helps increasing its popularity and introduces it to people from all around the world, some people didn't even know about crypto, but thanks to social media, they now do

 

[GoldenLady]

Twitter has a huge impact on cryptocurrency. There, you can get real time updates just by following a page.

Facebook plays a role too, but it's more subtle, by giving more detailed information and explanations about how to navigate the crypto world.

Another one, though not social media exactly, is YouTube. You can get great explanatory videos there.

 

[Kayzzy3]

The period we are now is a time where almost everyone has a social media account and I cannot but wonder how far social media has helped increase awareness of bitcoin and even affected the price of the king of all Cryptocurrencies. Also which platform do you think propagates bitcoin the most?

To be honest, social media has been the driving force of Bitcoin, since many government has decided not to accept the reality of the digital money, young people through the internet and social media push it to where it is today.

I'd not for social media, many of us wouldn't have know about Bitcoin and other crypto currency.

 

[Sotherefore]

I don't know of any social media you can actually get first class information on cryptocurrency from and beside if I need first class information about crypto I don't go for on social media because to me they won't offer what I need, I rather go on crypto news and search for website on Google that has to do with live news on bitcoins and other cryptocurrency

 

[Aniwhyte]

I normally gets first hand news of bitcoin prices and increase through google, i didn't even signed up for it but they normally send me news and updates whenever the price goes up

 

[Kamon c4]

It’s no surprise that social media has helped propagate the growth of cryptocurrency in general. We’re in a technology age and information is classified to be worth billions now. Social media has helped in highlighting people more about cryptocurrency. Also it has helped create awareness about cryptos. This has served to be positive effects on cryptocurrency

 

[Nurudeen]

I don't think any PLATFORM has spread the use and importance of Bitcoin more than social media. Social media is allowing people to join in the train of Bitcoin after doing a massive PR job for the coin and allowing people to be scared of losing money.

 

[salman Royy]

Bitcoin’s emergence has the potential to pave the way for a technological revolution in financial markets. What determines its valuation is an important open question with far-reaching business and policy implications Overall, our findings reveal that social media sentiment is an important predictor in determining bitcoin’s valuation, but not all social media messages are of equal impact. This study offers new insights into the digital currency market and the economic impact of social media.

 

[Janita]

Facebook is one of the great platforum where bitcoin got popularity in a very little time.
There are also many sites which give popularity to the currencies like crypto currency and bitcoin.
So social media plays a vital role on giving name and rising their value in the world.

 

[Iamsodex]

Anything discussed on social media moves like widespread of fire, I think Twitter has had a great influence on Bitcoin and other crypto currency, with the rise of crypto currency influencers on Twitter like bitboy and the rest has really helped in spreading the news and potential of btc