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Author Topic: How to understand the bitcoin boom?  (Read 249 times)
gamechain (OP)
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January 26, 2018, 06:33:31 AM
 #1

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?
zhangfeng666
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January 26, 2018, 06:41:18 AM
 #2

Yes, more and more people are buying bitcoins now.
They think that buying bitcoin will bring them a lot of wealth.
They don't know about bitcoin. They don't know what it is.
They simply believe that investing in bitcoin is stable.
tlkchain
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January 26, 2018, 06:56:23 AM
 #3

I think people are getting more and more positive about Bitcoin. Some people have a certain relationship with investment in the mentality of "fear of missing the good opportunity," which also pushed up the price of bitcoin.
Sadnu
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January 26, 2018, 07:02:35 AM
 #4

I don't know how to really understand the bitcoin boom but according to my research how to calculate the bitcoin boom is, For Ryan Davies, it started through gossiping with work colleagues. The 24-year-old graduate from Leicester’s De Montfort University, who works as a project manager for IBM in London, had heard about Bitcoin, but like most of us only held a vague understanding of how the digital currency actually works.
player514
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January 26, 2018, 07:22:44 AM
 #5

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

People come into Bitcoin because they hear about it all over the place. They see news about the booms, success stories, and about people who have been doing well with BTC trading that they decide it's great to jump into without knowing anything about it. That's the issue here. No one should be getting into Bitcoin without realizing that they have the potential to lose everything.

With that said, many of these price rises come right after some good news is spread about the coin. If there's good news, people flock into the coin and try to buy as much as they can because they want to make profits on the rise up.

This area is up for grabs! PM me if you're interested.
Lasvista
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January 26, 2018, 07:56:07 AM
 #6

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

Bitcoin is an cryptocurrency or the money on the internet , it can either use on a good way or on the bad way depend on the person or on the beholder. And on the other hand bitcoin gain popularity last year , and a lot of people notice it and they join bitcoin without a doubt , they rush it , they rush to learn , and a lot of people been investing on bitcoin.
micheal wang
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January 26, 2018, 07:56:55 AM
 #7

Bitcoin is a successful digital currency launched in 2009 by sathosi nakamoto. With a decentralized system so bitcoin prices determined by supply and demand. Every year bitcoin users increasingly evidenced by the price at this time reached $11000 even touched $19000 in last December. And bitcoin has a volatile price, so many people are used the opportunity for trading and investments place.  Just imagine it takes only a few days people will get rich if they are trading and investing in bitcoinb . So that's the reason why the people much want to have bitcoin and make bitcoin be popular.
Direwolve735
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January 26, 2018, 08:09:26 AM
 #8

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

I think so many people rush to Bitcoin because it opens new opportunities for them. With the help of Bitcoin, people manage to "untie" their finances from the state. Bitcoin is uncontrolled - it creates a large space for the development of the shadow economy. And in most countries, most of the economy is in shadow. Bitcoin also helps to reduce the level of unemployment - one of the main problems of modern society.
akamit
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January 26, 2018, 08:33:53 AM
 #9

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

Bitcoin/cryptocurrency is the name of future, self-success, and self-establishment in this decade or in this century and that attracts more peoples attention.
As you said "bitcoin is a rising star in the financial market" and that should rush anyone to it and get involved in self-establishment with good use of it.




SUDARMONO
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January 26, 2018, 08:52:21 AM
 #10

it's really true that you are very much interested in bitcoin and also many people who do not understand about bitcoin, and lucky people who already know bitcoin and success because bitcoin, maybe people who have not reached by their internet network difficult to understand bitcoin.
hgkcoin
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January 26, 2018, 08:59:55 AM
 #11

There is a limit of $ 21 million in Bitcoin, which is a fatal flaw. This also determines that it can not be circulated as a currency and is also an excellent speculative tool. First of all, money is not used as a general equivalent, and its function is to measure social wealth. To put it in a word, the meaning of money is not to measure the "labor value" of an economy. Simply put, the purpose of money is not to keep its own currency value stable but to measure the financial situation of the society. If mankind is still constantly creating wealth, human social wealth is still growing, human labor is meaningful, then the significance of the currency lies in continuous devaluation, continuous issuance, in line with the actual situation of social wealth growth.
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January 26, 2018, 09:00:16 AM
 #12

Bitcoin is a global open system. Anyone with a computer or Internet connection can access the Internet and participate in bitcoin. That is where bitcoin's greatest potential lies. Just as the Internet has developed and prospered by limiting the hands and feet of governments at the level of underlying agreements, so has bitcoin.
bitcon
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January 28, 2018, 04:20:56 PM
 #13

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

I do not find it strange that people are crazy about buying more and more Bitcoins. 2017 showed that this currency has a great support of financial magnates, and that BTC will grow. Millions believe that they can also become rich thanks to this crypto and invest into it.
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February 09, 2018, 03:53:33 PM
 #14

bitcoin rally happen every year we need understand how it works before taking decisions
brengoskandel
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February 09, 2018, 04:19:05 PM
 #15

Maybe for some lay people, they think that bitcoin is an investment that can make them rich in an instant, placing assets in bitcoin, wait a few months - last year they will benefit, I think that's what's on their minds. so hurry to invest
without thinking about the risks, and consequently not a few who suffered losses
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February 09, 2018, 04:47:02 PM
 #16

You leaen the bitcoin process and price information. You kniw the bitcoin history for use the bitcoin. If leaen more information then you csn easy to use. Then you will know all process and how to improve the business prices and time to invest. It any time to change the price. Check the bitcoin prices in the Market places. This information help to sell and buy the coin on time.

 
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carter34
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February 09, 2018, 05:07:55 PM
 #17

I do believe that between the number of people that have bitcoin, the percentage of those that don't know or understand the way bitcoin works are more than those who have understanding of it. Those that don't have understanding rely on the people who do for guidance and investment. They could be friends and family members who support them to invest and make money.
Divyanshu2710
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February 09, 2018, 05:13:22 PM
 #18

People are thinking that they can be millionaires by investing in bitcoin so there is a boom in bitcoin.
Also bitcoin is coming upto the expectations of its investors.
people can ask questions and discuss their queries too
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February 09, 2018, 05:30:07 PM
 #19

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?

Every time Bitcoin used to touch marks like $5000, $10000 , $15000, there was lot of media coverage. This encourages a lot of people to post about crypto.
1 currency now
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February 10, 2018, 11:11:17 PM
 #20

Despite the concern of regulators in all countries, Bitcoin is like a rising star in the financial markets, attracting much attention and curiosity, and continues its strong rise. However, some people may not know yet: what exactly is bitcoin? Why does anyone rush to it? How do ordinary people get and use bitcoin?
Some people already know how it works, that is why the price is being manipulated in this way. Bitcoin could be much more expensive right now.

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Brian Ray
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