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Author Topic: Why is Bitcoin making the world go crazy?  (Read 3413 times)
LastKiss
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August 02, 2018, 01:23:17 PM
 #821

As for me, The main season why Bitcoin make the world go crazy is that Bitcoin has brought a lot of opportunity for the investors from such as ICOs, trading... to earn money. Especially in 2017 when The BTC price go rapidly up to 20k. Athough BTC actually come back to lower price recently but it still affect significantly to the world.

Yup this is true, especially when bitcoin price up to the moon many news that told the high price of bitcoin, then it's made people curious about bitcoin. Besides of bitcoin price the blockchain technology made it solve many problems that some project had also it's bring more innovative to the platform.  

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denzkilim
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August 02, 2018, 01:42:16 PM
 #822

I believe people are going crazy not only because of its new features. Yes, given the fact that Bitcoin has lots of advantages but I believe that people went crazy when they saw how fast Bitcoin increases its value. Some people are too eager to earn. Some of them jump in because they don't want to miss out on the opportunity to earn big time.
There are a lot of countries in the world, and each of them is approaching the disruptive technology of cryptocurrency from a different angle. For some it's an investment, for others it's predominantly disruptive technology, and for others, it's seen as a secure, decentralised hedge against a financial establishment.
A lot of people go crazy whenever there is money involved, especially with Bitcoin at the moment of Bitcoin's price at its peak in late 2017 and early 2018, there are a lot of people that got affected by FOMO and dive into madness and invested without a lot of knowledge on what they have invested in, and the fuel that keeps them moving is the greed that their hearts desire. We all know that Bitcoin and other forms of crypto currencies are very volatile and anything can happen in a short period of time, it could go skyrocketing or it could fall down into a cliff but still, Bitcoin is one of the best innovation that happened in the digital world.  Cool
Btcmaeng18
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August 02, 2018, 01:51:28 PM
 #823

For these past years bitcoin grew up very fast. Many people are not able to predict that bitcoin will grow big because if they knew, they would have had invested years ago that is why people are starting to invest in bitcoin now because of the probability that it will grow much higher in the next years.
Yeah. I think it because bitcoin can make people rich in an easy way. People's mentality is that the bitcoin is their key to their goals.
Marlo0619
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August 02, 2018, 02:39:46 PM
 #824

Because people lives become better. Bitcoin can make people so rich. It makes people have an extra income. It's in us if we want to invest or not, but the truth is, it doesnt even matter because you can make money by just posting. Having or sharing your ideas about the topic. That is why the people is crazy using this bitcoin.

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Crypto_trader87
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August 02, 2018, 02:49:29 PM
 #825

Bitcoin making the whole world crazy back in december 2017 because of to much hype that happen in bitcoin and there are so many tv, blogs, youtube and social media a featuring bitoin thats the reason why bitcoin makes the world crazy.

Cryptotissue
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August 02, 2018, 02:52:04 PM
 #826

Bitcoin is making the world go crazy because a lot of people can not comprehend the nature of bitcoin and blockchain technology in general. Bitcoin is the key solution to the world financial system.
HasiViraj
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August 02, 2018, 03:17:36 PM
 #827

One factor is that not many individuals comprehend bitcoin to what it really is. That is one reason that is causing a large portion of the vacillation. Also, that vacillation is key that influences individuals to go insane. It's energizes all the promotion and dream that bitcoin is pain free income. Notwithstanding, that wont stay genuine until the end of time. As the innovation develops individuals would give it a set esteem and the change will back off. Yet, before that time comes, individuals would be insane for it.
roomboy85
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August 02, 2018, 03:21:35 PM
 #828

Bitcoins makes people become crazy because some people dont know how bitcoin give a good benifits and how people become rich. Some people are failed and some are become successful in investing to bitcoin. I think having a knowledge about cryptocurrency is give a good advantage on not to loosing our capital and avoiding to make a head spining and going crazy. Investing to crypto is not easy but we need to trust it.
cryptoteen
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August 02, 2018, 03:30:10 PM
 #829

Well main reason according to me is it is one of the safest and cheapest ways to transfer money in current world money transaction technologies. And also in means of investing and trading, I see crypto is a very safe way of trading when compared to BO and forex tradings. There is a risk in everything but crypto investment risk is comparatively low according to my point of view.
Pokemon Go
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August 02, 2018, 03:37:03 PM
 #830

because bitcoin prices are increasing very high and fast, even bitcoin prices can beat the price of gold.
Purvik
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August 02, 2018, 03:47:04 PM
 #831

It was easy to get more profits on investing in bitcoin and people get more crazy on its unbelievable value also it can be more helpful on achieving their goals to be true
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August 02, 2018, 03:51:09 PM
 #832

The technology of bitcoin and how it can shape the future as a new type of payment, and it is not backed by any entities like what our normal fiat which is backed by governments and banks.
miraj0007
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August 02, 2018, 04:22:54 PM
 #833

I think Bitcoin is a great digital coin that people use this currency like crazy. In fact, another name of Bitcoin currency can be called a profitable coin, when the price of the market decreases, if it can be purchased, then it will get a good profit just as it will increase its value. And every person has benefited a lot by this.
alex.ac.ab
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August 02, 2018, 04:41:11 PM
 #834

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/

What an uninteresting article.  In principle, everything was clear.
blackhawkeye1912
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August 02, 2018, 04:47:55 PM
 #835

Bitcoin is in hype now simply because there are people who got rich in investing on this digital currency. This is the main reason for this hype. Though investment is not one of the reason bitcoin is created.

Now, bitcoin is the number 1 digital coin in cryptocurrency.
1 BTC = $7500
Khan Apon
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August 02, 2018, 04:48:24 PM
 #836

Bitcoin makes people crazy because some people Don't  know how bitcoin give a good benefits  and how people become rich. Some people are failed and some are become successful in investing to bitcoin.
Day by day bitcoin price goes to high level and first place in the world. Bitcoin benefits make People's life well settle.
In this reason, bitcoin making the world go crazy 😉        
Patron92
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August 02, 2018, 05:08:54 PM
 #837

Bitcoin is a unique tool for excellent earnings. And it is available for everyone, what is the most interesting. Therefore, it has such success.
Glutius
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August 02, 2018, 05:25:53 PM
 #838

Bitcoin changes people's lives for the better and gives everyone the opportunity to earn. You just have to want it. That's what drives people crazy.

tulezua
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August 02, 2018, 05:29:05 PM
 #839

Bitcoin is a unique tool for excellent earnings. And it is available for everyone, what is the most interesting. Therefore, it has such success.
Bitcoin is the smartest human-readable electronic currency, based on passwords to make quick transactions and help people make more money. When they not known about Bitcoin, people call it virtual, but when they find out, they are too stupid to not know soon enough.
Denisdzx
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August 02, 2018, 05:40:01 PM
 #840

Bitcoin is a digital currency, not a company. Therefore there is no money flow that can be analyzed or financial statements to determine the time of investment. I assume that the eyes of bitcoin will be used by many people in the future.
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