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Author Topic: The impact of social networks on crypto market  (Read 6397 times)

Offline Alcor

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Re: The impact of social networks on crypto market
« Reply #45 on: July 24, 2022, 09:37:40 PM »
Social networks are now very popular among almost all the inhabitants of our planet. Most do not spend a day without social networks. It is no coincidence that the teams of new cryptocurrency projects advertise their projects mainly in social networks. Now it is even very difficult to find signatures of good projects on this and similar campaign forums. They are often limited to social media ads only. It also forms the public opinion about the cryptocurrency market or about a particular cryptocurrency.

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Re: The impact of social networks on crypto market
« Reply #45 on: July 24, 2022, 09:37:40 PM »

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Offline coinsrider

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Re: The impact of social networks on crypto market
« Reply #46 on: July 25, 2022, 07:13:26 AM »
Social networks are very important for marketing.People interested in and holding cryptocurrency, can get just about any information on it via social channels. Facebook, Twitter, and especially Reddit.
But make sure its from relevant and good sources.


Offline KenshIn

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Re: The impact of social networks on crypto market
« Reply #48 on: July 25, 2022, 09:07:13 PM »
-
It is true that TikTok is having a wonderful period of growth, especially thanks to the period of isolation and limited social interaction due to pandemic. Perhaps the intensity of TikTok's impact on users is stronger than Facebook & Twitter.
Hope everything will be fine with DOGE coin if this TikTok trend will have a long-term impact, I am thinking: will TikTok ever allow users to tip videos on TikTok with DOGE coin, that will be makes DOGE coin not only to-the-moon, but also to-the-sun ^^
Wow, I just heard about this.  I hope so that not only coins/money can be used to reward videos on tiktok but also with cryptocurrencies, especially dogecoun.  haha

Offline Noverteno

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Re: The impact of social networks on crypto market
« Reply #49 on: September 25, 2022, 08:24:37 AM »
Let think about this, can any crypto project survive without the use of social networks as a tool for partnerships, Collaborations and advertising, I think the answer is no.


I remember that in 2017-2018 there were practically no advertising campaigns for new projects in social networks. Advertising was carried out on similar forums for cryptocurrencies with signature campaigns. Now the cryptocurrency has gone beyond the profile forums and moved to social networks. But it is hardly worth arguing that new projects will not survive without social networks now. People are now more informed about cryptocurrency and already know where to look for news about it in addition to social networks. At the same time, I agree that social networks play a big role in marketing new cryptocurrency projects.

Offline pelana vreo

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Re: The impact of social networks on crypto market
« Reply #50 on: September 25, 2022, 08:58:41 AM »
Social media has changed the way people get advice, investments and opportunities that will happen in the future, in 2017 I made a youtube video about how to make a Bancor wallet, some people asked me, what is the function of the platform, and at that time we discussed it in the forum, then the year went by, everyone can post and promote on social media with #hashtag and it's easier to find information.

Offline Callisto

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Re: The impact of social networks on crypto market
« Reply #51 on: September 26, 2022, 06:31:48 AM »
Of course, the influence of social networks on cryptocurrency is significant, I would even say this is the main platform for their hype, without them there would be no quick boom and price growth, people simply would not know about many projects and that’s it. In particular, Tiktok is indeed the main regulator of hype for cryptocurrencies, as you already said.

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Re: The impact of social networks on crypto market
« Reply #51 on: September 26, 2022, 06:31:48 AM »


Offline Afony

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Re: The impact of social networks on crypto market
« Reply #52 on: September 26, 2022, 06:51:20 AM »
Social networks advertise cryptocurrencies well, as there are many users who do not know about cryptocurrencies until now, many investors come from there. Social networks are doing their job in terms of advertising.
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Re: The impact of social networks on crypto market
« Reply #53 on: September 26, 2022, 10:54:18 AM »



Is all of the more than $250 billion worth of crypto markets at this point just the value of our expectations & communication efforts? Can social platforms as TikTok, Twitter, Reddit, Facebook easily manipulate our crypto market?

I think twitter is the support for the current high manipulation of the crypto money market, where it is very easy to find crypto info for the first time on twitter
doge also increased because of an ELON's tweet on twitter and sunk on twitter too

Offline DAMKAR

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Re: The impact of social networks on crypto market
« Reply #54 on: September 26, 2022, 08:45:01 PM »
Social networks advertise cryptocurrencies well, as there are many users who do not know about cryptocurrencies until now, many investors come from there. Social networks are doing their job in terms of advertising.

You're right, I think I agree with you social networks has done well and many investors know about crypto currency from their advertising.
As Elon musk tweet, It has good effect for crypto at the past year.

Offline Cutter Cute

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Re: The impact of social networks on crypto market
« Reply #55 on: September 27, 2022, 01:07:32 AM »
I saw a good change in conveying information and other updates on social media, say Twitter, in 2013 when twitter was not what it is today, Vitalik Buterin made his posts and ideas on well-known forums, as well as Binance, but the positives I took from this situation is, a lot of great people on the forums who don't want to create social media accounts, but they have a big influence in building crypto, namely Satoshi Nakamoto.
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