Social media has the potential to affect bitcoin positively, but it can also have negative consequences, causing both large rises and falls in price.Perhaps,it is the first place people go to when they want the latest news on bitcoin;you see them in places like Twitter,Reddit and Youtube.They want to know what people are talking about and what the next big thing is.
Basically, what I'm trying to say is that social media is powerful,and its high time we understand that no matter how good or bad a post is,it has the potential to affect the market. Possibly, I believe social Media will play a significant role in Bitcoin's promotion, indulgence, maturation and exposure because of it's educational power.
You got a point there, Bruce4, but the problem is the reaction of people to social media where they rely too much into it. Remember that everyone has their own freedom to create any sort of news around social media whether it's paid or not.Basically, what I'm trying to say is that social media is powerful,and its high time we understand that no matter how good or bad a post is,it has the potential to affect the market. Possibly, I believe social Media will play a significant role in Bitcoin's promotion, indulgence, maturation and exposure because of it's educational power.
And this is why when it comes to crypto, I usually steer clear of social media sites. I still have some couple of pages related to crypto news followed there, but I almost always take it with a grain of salt.
I have stopped seeing social media like one arbitrary or imaginary creation existing. I am now seeing social media as a house holding billions of people together and those billions of people is the market everyone seek for. If you can create an online community that believes you and your brand, that is your market.
So, social media helps bitcoin adoption, it is the highest tool bitcoin has utilized in her adoption journey.
Kinda same and that's why I stopped interacting with people there. Can't relate to most of those rich guys there. So, social media helps bitcoin adoption, it is the highest tool bitcoin has utilized in her adoption journey.
