Why is Bitcoin making the world go crazy?

[Troubleshoot]

Hadn't it reached $20,000 not long ago, it wouldn't be making the world go crazy, I guess

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[Red Fire]

Bitcoins have made people head spin for 8 years now and become unbelievable since December 2017, when the value of 1 bitcoin rose up to 20 000 USD! But how this phenomenon appeared, what are the causes of this craziness… Found out in this article
https://blog.bitspark.io/why-is-bitcoin-making-the-world-go-crazy/

I think bitcoin making the world go crazy because little by little it will our currency. Actually bitcoin is so popular worldwide, I can say it because bitcoin can be seen anywhere just like in movie, news, advertisement and etc.

[xamxam]

Not the world, rather the people will the one who become crazy in this crypto currency because people see how effective the bitcoin is on their source of income, and beside the bitcoin prove that it is legit and truly help many people on the financial aspect in terms of investing on blockchain technology.

[Kuchiyose]

bitcoin will no longer be the same, especially after the wild growth in December 2017

I hope the wild thing will be repeated this year with the price of Bitcoin is very good and makes a big profit.

[cuplisbird]

It's true that many people go crazy with bitcoin. People almost do everything to get bitcoin every day, I think, why we go crazy because of bitcoin, because people are encouraged to get bitcoin patiently because of its enormous price. Bitcoin prices can also distract people from their work, as most people decide to make money in bitcoin, that there is actually work. Because bitcoin is popular and updated for our new world of technology, bitcoin has a better chance of being able to use other currencies. And also, for the rich, I'm sure they don't want to be outdated about the latest technology or some of the latest things. This is often the reason why they join the world of crypto currency.

[jake zyrus]

Not the world, rather the people will the one who become crazy in this crypto currency because people see how effective the bitcoin is on their source of income, and beside the bitcoin prove that it is legit and truly help many people on the financial aspect in terms of investing on blockchain technology.

Yes People are making crazy because of the price value of bitcoin they prove investing in bitcoin is good choice and worth it, they  believe and trust to bitcoin it will bring them successful life in the future.

[Frisianhug]

In my opinion,because people think it's a very useful asset in the future so everyone wants to get 1 btc or more imagine bitcoin can make us rich but there is no easy way to get bitcoin,we need the right knowledge to get the maximum income of bitcoin.

[bitcoinVPSD]

Actually bitcoin makes the whole world go crazy because of the sudden increase in its value. Many people have actually benefited from investing in it. Investors do not want to deposit money into the bank but instead invest in it because it is a new form of investment and earns much higher returns than investing in a bank. We can hope for a bright future from investing in bitcoin as it's growing in value in the future.

[Crixus18]

This is the age of technology. Without technology we can not think of our life. Bitcoin is the latest and most futurist creation is the world. Bitcoin is the future currency and now is the future. Bitcoin will be the most acceptable digital currency in the near future.

[ridwan99]

For these past years bitcoin grew up very fast.Bitcoin has been a headache and a surprise and blessing all in one. When it all started nobody took bitcoin and cryptocurrency easily. They all think that bitcoin was a sham and that it would not be as profitable as it is now because how can anyone make money put of nothing. But, the greatest thing about it is that bitcoin was anle to push theough and is now making the world debate on itself

[Skyshark]

Most probably because of the mere fact, that we can actually become rich just by investing in this crytocurrency. Our fiats deposited in banks will only accumulate interests after a long period of time but with bitcoin, given the right timing and equipped with the right attitude, our small investment is likely to double maybe triple in just a nick of time.

[RyhaniFoyej]

Bitcoin's price is increasing day by day. So, many people are interested in bitcoin trade and many other earnings in bitcoin. Due to the excessive benefits, the people are currently using bitcoin in most cases. Also people have chosen Bitcoin as the medium of their business like mining. many kinds of trade and campaign etc. So, it is said that the having of excessive value of the bitcoin making the world crazy. Nowadays almost every people of the world know about the bitcoin.

[Tan_avia)vl.]

Thanks for the link! But you know, I believe everything is my time. Bitcoin was born, developed and in December 2017 came the peak of its development, and then it waned. But as it is already developing, we will soon see the next "outbreak" of bitcoin activity.

[Norwood Daniell]

Bitcoin and other virtual currencies, in my opinion, are creating a "seismic shock" over the past years with yields surpassing stocks, bonds, foreign exchange, gold and most of the other inflows. Bitcoin prices have increased several times since the beginning of the year. One of the common reasons that Bitcoin became so popular is that it can be moved very quickly and quite anonymously, because transactions No need to be associated with a fixed information. Moreover, the demand for Bitcoins and virtual currencies has increased, after several countries and financial institutions have taken some measures to increase their legitimacy.

[denbagoes]

Bitcoin's price is making many people crazy and surprised.
Bitcoin is able to ride high values ​​and make many people regret that they did not make investments with Bitcoin.
I think the increase in the price of Bitcoin is because Bitcoin enthusiasts are very large while the amount of Bitcoin is very limited because it makes the price of Bitcoin to be high and the price can rise many times.
Even to this day though altcoin many emerging but not making Bitcoin prices fall even Bitcoin remains the most expensive coin.

[euronine897]

As the first Cryptocurrency and due to Bitcoin positive price variation it has gained great attention among potential investors which made Bitcoin a demanding asset and also it made poor people rich in few year so that is the reason world is so concerned about Bitcoin

[Ngewex Yuk]

Not the world, rather the people will the one who become crazy in this crypto currency because people see how effective the bitcoin is on their source of income, and beside the bitcoin prove that it is legit and truly help many people on the financial aspect in terms of investing on blockchain technology.

Yes People are making crazy because of the price value of bitcoin they prove investing in bitcoin is good choice and worth it, they  believe and trust to bitcoin it will bring them successful life in the future.

Everyone will always remember when he can got a profit up to thousands of percent in a short time, so he will sell anything to buying bitcoin and others people will say it's look crazy, and I think this is natural not crazy...

[JSRAW]

Actually bitcoin makes the whole world go crazy because of the sudden increase in its value. Many people have actually benefited from investing in it. Investors do not want to deposit money into the bank but instead invest in it because it is a new form of investment and earns much higher returns than investing in a bank. We can hope for a bright future from investing in bitcoin as it's growing in value in the future.

With due respect to your opinion. It will be an exaggeration if we say "the whole world," because still, very few % of the world population knows about bitcoin and how it works in general.
Agreed on rest of the comment. And wanna add here that we need more education-related to blockchain in university or grass root level. So that masses can benefit from it, and we can see mass adoption in coming years.

[Hallmader]

This is not craziness actually. The craziness is actually the thing that is going on with the fiat currency. Some are jeering at us Bitcoin supporters for sticking to something which is not representing anything at all. I would say, the paper bills and the metal coins that we are using right now with their respective values are more laughable. At least with Bitcoin, it is owned by us people. Fiat is owned by the manipulative governments.

[oni4an]

People saw that it is possible to earn not only by physical labour, he on mines and factories. Neither saw the dream that having a pair of bitcoins can solve all their financial problems. Bitcoin showed a miracle and people believed in it.