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Author Topic: Why is Bitcoin making the world go crazy?  (Read 3453 times)
Sandijoee
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July 17, 2018, 01:37:48 PM
 #381

Because the bitcoin is digital gold. And the bitcoin is very profitable and very high value to invest in bitcoin so people want to invest in bitcoin and the world talk about its value that can make the person get rich.
rumexx
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July 17, 2018, 01:45:39 PM
 #382

That is  the reason that bitcoin is the future for the financial world. Bitspark making use of bitcoin as one of its transmitting means to the end users is a good news as more people will become bitcoin users and the usage also will increase.
saruxanyan
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July 17, 2018, 01:52:43 PM
 #383

I think that in bitcoin there are a lot of advantages, if you compare even bonalno with the banking system, now you can make an investment in bitcoin, they can pay off, you can well win on its growth, the more bitcoin growth in the near future is obvious
wow.magic
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July 17, 2018, 01:59:49 PM
 #384

The blockchain technology that bitcoin brings is the next generation of technology, and countries are starting to study blockchains and gradually accept bitcoins.
And the bitcoin price fluctuations, I think just because more and more investors believe that this will make money, so too much money investment in encryption currency market, led to the emergence of a bubble.
Bitcoin is the future of the people. This blockchain technology in which bitcoin was involved would be the futute technology of the world. Other countries study about this blockchain technology and some country accepted also bitcoin because they also believe that bitcoin is the future or next generation of technology. Many people invest in crypto market because they believe that there is a great money on btc.
Liternyy
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July 17, 2018, 02:03:47 PM
 #385

because it is a completely new currency technology, everyone wants to have them on their wallet because they understand that the future of all currencies and the world economy is behind bitcoins !!!
12tribes
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July 17, 2018, 03:34:57 PM
 #386

The bitcoin is a revolution and the innovation is to make transactions flexible, faster and well secured. The idea of the bitcoin is essentially to create a decentralisation of the financial world in the 21st century thus destroying the monopoly of the ancient banking and financing houses. the potentials of the bitcoin to many doing crypto is enormous, particularly changing the financial state of many positively and broadening the horizon of many in business.

hknknitin
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July 18, 2018, 12:12:25 PM
 #387

Satoshi Nakamoto, founded Bitcoin in 2009 and since then Bitcoin has seen a lot in its valuation. Initially, a very few could analyse its future market because of its value which was even below 1 USD but since then there has been a lot of variation in the pricing. There came a time in December 2017 when the value of 1BTC raised to 20,000 USD. This was the main time when it drew attention of the entire world and people started to know about it as this seemed to be one such thing which can give an investor huge amount of profits. Even now prices are fluctuating but who knows when the value might take a big leap.
Soodo1
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July 18, 2018, 12:20:04 PM
 #388

People have grown tired of the traditional banking and financial system so the alternative being offered OS likely to be welcomed.

Plus bitcoin has proven thus far to be a fairer system than the traditional system
joshua0502
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July 18, 2018, 12:29:38 PM
 #389

I think the reason why bitcoin making the world go crazy, is due its market value. We all know bitcoin was the first coin on crypto and if we compare the value of it, its like a gold. Very hard to mine but worth it to find. That is why many people around the world who have connection on crypto is focusing on mining of bitcoin to have more extra income. Also on investments, bitcoin was so successful. But coins has their own weaknesses, we cannot say bitcoin will remain healthy but Im sure it goes up again even higher from its record of $20k.
joburgtaxi
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July 18, 2018, 12:30:26 PM
 #390

Bitcoin is something new and revolutionary, those things are always driving us crazy, also because many people were getting rich insanely in short terms because of involving in cryptocurrencies, they were very lucky.

connexus
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July 18, 2018, 12:30:42 PM
 #391

The word go crazy about bitcoin is because of the possibility to earn bug profits at a short period of time. Our banking system now cannot offer same opportunity or incomethat digital currency has to offer. Its just that it is more risky.
reyanshbasu
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July 18, 2018, 12:31:25 PM
 #392

Bitcoin has a good potential of all, the price value is high and its really profitable among other coins. Bitcoin price is always changing time to time thats why more people going crazy. Bitcoin is a long term investment that many people still want to invest even they know that the price is volatile.  Still a lot of people continuing embrace bitcoin even the price is getting low most of a time. Everything is possible to happen in bitcoin just save more coins then sold it in the right time.
Veronika94
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July 18, 2018, 12:36:44 PM
 #393

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/

If you look from the outside, then yes, you could have thought that people were crazy.  Everyone thought that you need to buy bitcoin or why you did not buy it earlier.
prehisto
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July 18, 2018, 12:40:44 PM
 #394

i wont say that this has been going on for 8 years, more like for past 2-3 years.
There are variety of factors, form which the most important i would say are:
1) That the btc is unique, there is no governing entities
2) the btc is correlated with criminals ( as news like to put it)
3) the rise and faal of price which is unprecedented 

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Ortintin1
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July 18, 2018, 12:50:51 PM
 #395

Cos a whole lot of people are joining the bandwagon
ember.suc
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July 18, 2018, 01:01:53 PM
 #396

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I hope I did not inconvenience you with my letter.
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Yuri Taksanov
Traslavin
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July 18, 2018, 01:09:37 PM
 #397

i wont say that this has been going on for 8 years, more like for past 2-3 years.
There are variety of factors, form which the most important i would say are:
1) That the btc is unique, there is no governing entities
2) the btc is correlated with criminals ( as news like to put it)
3) the rise and faal of price which is unprecedented 

A brief description but a very definite subscription that even I also have the same reason why I really love this what we called cryptocurrencies. First and foremost since until now many governments doesn't want to make it as a legal tender then your profit is all yours without any taxes to be carried out to your salary and for that I am happy enough with my earnings.

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skidanchikbizon
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July 18, 2018, 01:44:45 PM
 #398

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bitcoinking11
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July 18, 2018, 02:00:04 PM
 #399

Bitcoin has made the world go crazy over the last one year or so, as the price of bitcoin has rose under $1k to $20k, which has made a lot of people to become rich in a very quick time. As a result of that, more and more people are being attracted towards bitcoin.
Mezze
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July 18, 2018, 02:05:43 PM
 #400

i wont say that this has been going on for 8 years, more like for past 2-3 years.
There are variety of factors, form which the most important i would say are:
1) That the btc is unique, there is no governing entities
2) the btc is correlated with criminals ( as news like to put it)
3) the rise and faal of price which is unprecedented 

This argument about criminals is so misleading, more weapons are bought with $ than any other currency in the world. Crypto can get you rich or poor real fast so it's obvious why people like it. It's the same reason people like gambling and casinos.
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