Why is Bitcoin making the world go crazy?

[GoldnOil]

Since Dec-2017, Bitcoin is on majority of people radar.  But still 9 out of 10 ppl out there don't know how to buy Bitcoin.
that being said....  it still has a huge potential to go upwards......

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[Granxis]

Since Dec-2017, Bitcoin is on majority of people radar.  But still 9 out of 10 ppl out there don't know how to buy Bitcoin.
that being said....  it still has a huge potential to go upwards......

Yes, Bitcoin succeeded in attracting people's attention in December of 2017 by making quite a sudden price change. But 90% of people do not think it's possible to use Bitcoin, so I think 10% is a good population.

[bernashka]

bitcoin is more than a new QIWI-purse or Yandex.Money. We stand on the threshold of a phenomenon that has occurred only a few times in the history of mankind. And while no one understands what the consequences it can lead to.

[terrific]

But still 9 out of 10 ppl out there don't know how to buy Bitcoin.

Before this ratio is a fact but I don't think this is still applicable today.
Bitcoin's increasing publicity and make it 7 out of 10 still doesn't know about it.
Take the chance of improving the numbers and this is why bitcoin is making the world crazy because of its price.
However, we are in a correction right now.

[Pattart]

Since Dec-2017, Bitcoin is on majority of people radar.  But still 9 out of 10 ppl out there don't know how to buy Bitcoin.
that being said....  it still has a huge potential to go upwards......

Yes, Bitcoin succeeded in attracting people's attention in December of 2017 by making quite a sudden price change. But 90% of people do not think it's possible to use Bitcoin, so I think 10% is a good population.

Yeah starts from December 2017 where prices skyrocketed to the moon and then made bitcoin's prestige skyrocketed. almost all investors in the world are eyeing bitcoin as a potential investment because it rises several fold in just a short time. but nowadays the world also see how bitcoin fluctuations. the price could drop to $9k in short time. it makes the world go crazy

[spooneds1]

Yes because the there are so many people depends on this coin and it is already well known in most countries. People use this as a income for their bussiness. It also involve big amount of money to earn that is why people go crazy about it.

[ncn1992vn]

Hopefully the market Crypto will recover in 2Q 

[herecomesjohnny]

Because of the pretty and good to invest in bitcoin, and it's giving a lot of opportunity to many a lot of members here.

Actually, people are felling a big burden that the authorities are pressuring them with. They are feeling imprisoned and we really are because of the claws of the governments which wants to control everything especially the financial capabilities we are capable of. We are limited to the point that we cannot overcome. Even f we have the more potential current system is limiting us to our pays and our money income.

Because of all of this Bitcoin represents a new opportunity. It is actually a holy grail in the eyes of the beholders. People are investing to make their financial situation better, to overcome the pressure they are bond with because of the centralized system. Bitcoin is the decentralied system which I hope will be accepted by all democratic people in some time.

[keycellko]

Yes its true. Many people are going crazy over bitcoins, not to mention kids of only 11 or 12 who are now millionaires or billionaires because of bitcoin. This has been a fun and exciting way to earn for people of different ages, races, beliefs, religion, etc. I heard people in their 70s who are not exposed to the world of internet but are asking their kids or grand daughters or grandsons to invest in bitcoin for them. This is just hilariously crazy to the highest level.

[hinatashoyou]

radical innovation does drive the world crazy, bitcoin makes radical innovations in payment systems that make many people, institutions and even nations worry and fret about the current economic structure that will change with the presence of bitcoin and blockchain. there may be some people are indeed millionaires, maybe even more than a few, even millions of people get rich and very rich because bitcoin, I think wealth is a side effect of bitcoin, but the most important is the radical change in the payment system

[cryptomoney4life]

Hi,

I think btc is making the world go crazy, because people are losing hope in fiat money.
I have tried to make this as short as possible haha.

Cheers mate!

[elramsy]

Bitcoin is making the world go crazy because of its volatility, bitcoin or other alternate cryptocurrency has the ability of growing geometrically and as well depreciating geometrically because of it high volatility

[djgtr]

To really understand the craziness around Bitcoin we need to understand the technology itself. Anyone who has started to read about Bitcoin will have learnt about how it has the potential to replace our banks as the way in which we store and manage our money. Many see huge problems within our financial institutions as they are, and so this lends an exciting edge to Bitcoin.

Financial institutions and governments dont want to adopt bitcoin in their economy simply because it will make all their information transparent and viewable to the public. All their covered up schemes will then be exposed leading to all around anarchy. Thus they try to FUD every aspect of bitcoin and not think practically.

In last year bitcoin is high value or price, tjats why more and more people are getting crazy about bitcoin, because they start thinking their are future in bitcoin. And bitcoin is easy to spread around the world. Bitcoin is big influence all of us to use bitcoins and learn more about bitcoin.

LOL then those people are really those who need to stop thinking about crypto so much. Actually this is true that they started buying bitcoin while on bullrun and the price rose but then they are the one who panic sold as well.

I think this is applicable to panic sellers because they have this short term control for themselves which negatives are always with them. But to the point of a literal meaning for people to go crazy is a very slight manner. I, personally say that it is a case to case situation. Like me,who's been here for many years,I keep controlling emotion of being too excited of anything because I know that the mood will change soon after. As much as possible everything should be balanced and I won't be crazy about something too much.

[Ishiro5]

A technology and solution of this magnitude should make the world turn around because it transcends socio-economic barriers.

[online73]

Hello everybody. Who knows the asset that grew in price from $ 1 to $ 20,000 in just a few years? Even ten years have not passed. How can you not go crazy - especially those who kept all Bitcoins bought for $ 1 and sold, at least part, for $ 20,000. It's just a miracle - but, no less miracle that "digital gold" has a huge potential for growth.

[fredo123]

People now a days wants to be an instant rich. And bitcoin has the ability to make the people rich. Just imagine your capital will be double or triple in just a short time duration..  And it is also proven by many individuals who are luckily collected millions of money through investing bitcoins:) Bitcoin really makes the world go crazy..

[Qartersa]

It is because it is the first time in history that blockchain technology is being used which many believes to be very effective and promising in today's generation. Also, in Bitcoin, people from all walks of life, provided they have internet, are able to earn money without certain discrimination as to age, sex, religion, race, economic conditions, and etc. Not to mention, the use of Bitcoin started with having nothing to do with government taxation. I can say the people who invested in Bitcoin earlier on AND never left greatly benefited from Bitcoin's anonymity structure. Imagine the fact that you are able to earn in the comfort of your home without being robbed by governments.. without being discriminated because you have not completed a degree.. without being questioned because of your gender.. and so on and so forth? And up to now, we have to admit that no matter how powerful a country is, it cannot just regulate Bitcoin by controlling and monitoring its transactions because it is universal and encompasses almost everyone with internet access. Hence, being unable to control Bitcoin, most governments have gone berserk about its bandwagon.

[Jdavid05]

People now a days wants to be an instant rich. And bitcoin has the ability to make the people rich. Just imagine your capital will be double or triple in just a short time duration..  And it is also proven by many individuals who are luckily collected millions of money through investing bitcoins:) Bitcoin really makes the world go crazy..

Bro thats true but you can lost alot of money its called instant poor because Bitcoin price is not always pumping sometimes its dumping and Bitcoin makes the world go crazy because Bitcoin is the first decrtralized cryptocurrency and you can compare it on Cash,Gold,Banks,etc...

[rushel22]

Bitcoin is making the world go crazy because of its volatility, bitcoin or other alternate cryptocurrency has the ability of growing geometrically and as well depreciating geometrically because of it high volatility

Bitcoin making the world crazy because anytime you will be rich at the same time a huge income coming from bitcoin would really the best thing as we experienced in life.

[alekseidanilov0803]

it is suitable for the role of money more than gold, banknotes or even seashells. Due to its design, bitcoin also has the advantages of the "money" that is familiar to us, and a whole set of unique properties.