Social Media effects on Bitcoin.

[Dagm1]

The majority of the social networks systems has actually provided bitcoin more appeal compared to never ever prior to, they created the coin understood to bulk of individuals with the adverts as well as development of web link on their webinternet web sites. Certainly not just bitcoin increase her appeal as well as assist otherz bizdustry.

 

[Heatman]

It is not just the cryptocurrency Bitcoin that is affected by the social media because I believe that everything about the world and life is affected by the effects of social media on it.

 

[GoldenLady]

Twitter and Telegram come first for most users. There's a huge community on Reddit too which I find helpful. I don't like Facebook because it's too distracting and doesn't allow you focus on the important stuff.

 

[Heatman]

The impact of social media on cryptocurrency is something that will always hold ground because if a new cryptocurrency is about to be launched it is the social media that will be used to advertise it.

 

[Sotherefore]

Social media is what has exposed a lot of people to cryptocurrency and with the help of advertisement on social media a lot of people get understanding of cryptocurrency and from there they are actually Pick interest on how to invest in it.

 

[kinqzbitz]

I feel social media is one of the Avenue that bitcoin was able to be know bu people in the world , that’s how the information of such crypto was come into play

 

[ahmedo24]

If social Media had not existed I doubt it bitcoin and other cryptocurrencies we have their way because it is the fastest platform to relate information and it has been the strongest weapon that made cryptocurrency trend to be so strong and irresistible to some countries.

 

[greenie]

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

 

[Thinker009]

I think to me Facebook is actually one of the platform that is used to spread the awareness of cryptocurrency more , because you actually get to see many crypto groups there to learn crypto currency from

 

[Toyoabasi]

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?

With the type of people you get to see on twitter, I think this platform has increased awareness on bitcoin and apart from that, the prominent people on twitter are those with the biggest investment in bitcoin.

 

[eLdavis]

I think to me Facebook is actually one of the platform that is used to spread the awareness of cryptocurrency more , because you actually get to see many crypto groups there to learn crypto currency from

Really? In terms of groups, I can accept the fact that Facebook probably have more but when it comes to actually promoting it, where you get the latest updates and movement, it's usually done on Twitter.

 

[HayKay]

Well social media has helped to amplify the noise that cryptocurrency generates; a lot of people don't want to miss out on this trend so you have a lot of participation in this sphere.

 

[Ononivami]

The influence of social media on the price of cryptocurrencies can not be wavered. Most of the cryptocurrencies, especially bitcoin are influenced by tweets on tweeter handle of the whales.

 

[Sincerem]

The social media is one of the most effective tools for the rapid circulation or spread of valuable information, the social media has greatly influenced the growth of Bitcoin and is still used today to affect the market values.

 

[Mayox25]

This is very true that social media has increased the awareness of not only Bitcoin but other cryptocurrency. There is rarely no airdrops that do not require prospective recipient to join telegram, Facebook and Twitter to promote the airdrop project before being able to claim it.

 

[Setho]

In as much as a lot of people will want to see bitcoin as a currency it is still a lot more volatile than a lot of currencies are and up till now a lot of speculations and uncertainties usually drive its price. For example whenever it is reported that a country is planning to ban bitcoin, it will lead to a depreciation in its price.

 

[Lens]

The user base of the social media is very huge and it goes a long way to influencing the cryptocurrency market. News around the crypto on social media should be taken very seriously.

 

[Ononivami]

The user base of the social media is very huge and it goes a long way to influencing the cryptocurrency market. News around the crypto on social media should be taken very seriously.

The social media as garnered lots of fans and that's exactly what is needed to launch a successful campaign. In all sincerity a good news aired on social media around cryptocurrencies will cause a positive impact.

 

[Monster Masterpiece]

Social media is based on crypto news on the other hand crypto is using social media to promote such business means they are complementary in both cases each one helps the other.

 

[Electrohunter26]

My opinion is Facebook Twitter and Reddit
If we are talking about btc then Facebook and Twitter got the lead
If we are talking about altcoins then it's Reddit and Twitter theygot a huge effect on those