How to understand the bitcoin boom?

[CNJP15171821]

Bitcoin is a cryptocurrency. So many knows it,the people who are very much known in an internet. But others are not,that is for those who not know how to navigate the internet. And also,there some internet lover that keep on ignoring bitcoin thats why they dont know how it work.

[jeluhtajem]

maybe some people think, if bitcoin can bring wealth quickly, and easy. they are wrong
whether in the real world, or on the internet there is no instant way to earn money, everything takes process, and hard work
and I see not a few who complain about investment losses, because they do not have basic knowledge about bitcoin, they only have money and have reckless capital.
remember bitcoin is not a gamble, but it is an investment that requires knowledge

[Zyborg]

Its not very difficult to understand boom of BTC.Now a days the word BTC is very common to the people.If you wanna understand BTC  boom you can also see the history of BTC,most important year 2017 was the breakout year for BTC.Huge investment came into BTC during 2017 as a result of which its price reached to the top most level at $19783 at Dec-17.BTC was traded around $900 early in 2017 and with the passage of time it got momentum.Similary early in 2018 its price was lying around $9500 and also came down to $5960,again its price will be triggered to around $25k-$30k in coming few months.More investments are being expected in coming few months,some financial institutions also agreed to invest in BTC in coming few months,which is a green signal to go price upward.

[Pursuer]

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?

well anyone who has enough time to open Google.com and type in "what is bitcoin" and read a 3-5 minute article that comes up can simply understand what bitcoin is, how it works and solve a lot of "mysteries" that they might have in their head. these days it is not really that hard because there are lots of good articles and even videos explaining what bitcoin is in simple terms for ordinary people.
and on top of that there are a lot of services that have made usage of bitcoin like a piece of cake. for example coinbase although not the best option but it is the easiest for newcomers.

[savushkinTA]

Bitcoin’s rise may reflect, for better or worse, a monumental transfer of social trust: away from human institutions backed by government and to systems reliant on well-tested computer code.