Post
Topic
Board Bitcoin Discussion
Re: How twitter affects the price of Bitcoin
by
chikading2016
on 02/10/2018, 21:03:25 UTC
Trends and marketing do make price increases or decreases within a single tweet. Social media platforms like Twitter and etc are doing what mainstream media is doing much effective a 1000's x more.

This is not 2010-2011 for social media to have great influence on bitcoin's price movements wherein by that time.

You have a point, but I won't agree with it. A simple tweet from a very influential personality  will change everything.
Yes I agree on that Twitter is also the most usable  thing to spread information and if there will be a news regarding something on crypto from a very influential person maybe the price will be really become affected it will really depend on the news. I think not only in Twitter but also in Facebook or maybe social media etc. We are now in the modern world and we are now using internet and the new can really spread in an hour with just one click away.