Quote from: SatoPrincess on June 29, 2023, 07:10:28 PM

Quote from: KingsDen on June 29, 2023, 09:18:23 AM

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.

Yeah I think social media is great tool for marketing and promoting oneself or brand. But a lot of people see social media as a place to post nice things and luxurious lifestyle, they neglect to monetize their online presence and activity. Social media has definitely helped bitcoin adoption in its own way, even if the news about bitcoin hasn’t always been positive, and the intent may have been to paint bitcoin in a bad light, bitcoin has become a household name, like they say “any publicity is good publicity”.

It is undeniable that the internet has really helped bitcoin adoption. Bitcoin has no central authority and there is no fund being channeled for bitcoin promotion from anywhere, so the promotion of bitcoin lies in the hands of everyone. Bitcoin gains nice publicity in the internet during every bull run. This is the time that everyone and including newbies hear the testimonials of bitcoin and run into the bitcoin market.

But one funny thing is that many newbies at this period of time jump into the bitcoin market to buy the high, by the end of the cycle, bitcoin will dump on them and they will lose money.