Why is Bitcoin making the world go crazy?

[Shimmiry]

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/

Bitcoin really is a very important thing as of this moment. People love to engage with something new, or something that will make our lives more easily. As you can observed as of this moment everything is instant, and with this probably people starting to engage with bitcoin because of its potential and capability to provide needs.

[ggabieclaire]

If you bought $100 worth of Bitcoin 7 years ago, you’d be sitting on $73 million right now. In the interval of December 2017 - January 2018 the value of a Bitcoin rose up form 6000$ till almost 20000$. So, we kinda missed the opportunity, that's why it drives everyone so crazy

[lungu113]

Bitcoin now have a big part of the peoples life and daily uses. This help us to cover some needs which we can't get and also can support big with our family. When Bitcoin have some problem or issues, many people are really affected which they also worried about their investment.

[BulbaLord]

Not crazy much , just a little hahaha . Because bitcoin is a good thing to have investment . People going crazy because they now it has a aeasy way to have money , you need only time and patient . And they believe that bitcoin can help them to get their life successful

[DauntlessGuy]

Because many have trust issues with Government, I guess.
Moreover, crazy rise in market capitalisation and its headlines of Bitcoin are also counted for viral crazy.

[tenebriscaelum]

BTC is making the world go crazy because it can change your life and it helps you with your financial problem. In bitcoin you can earn big not like in your job you cannot get the big earning that you earn here in crypto. It is not that hard to earn here in crypto not like in your work you have to work hard so that you will earn the minimum wage. Some people are just investing and then hodling their coins just to earn the big profit that is why some others are becoming crazy in BTC.

[C0ld_Zero]

Bitcoin has influenced the world to go insane throughout the most recent multi year or something like that, it is one of the inconceivable innovation of our opportunity which offers as both a medium of exchange and investment stage. Everybody needs to get fast profit.

[xXBEVOXx]

There are many reasons for this. First of all, people who made a lot of money. And he still keeps making more and more money. Usage increased. People can use cash instead. The other people who saw it regret that they did not take it on time. The state can not get tax often. Investments are in different accounts. The banks are uncomfortable with this situation. Everyone has reason to go crazy. But people should be involved instead of crazy. Otherwise they will lose.

[MalcolmBee]

Many people are quite interested in bitcoin. People love it because of the decentralized nature that is has and its not been controlled by any governement or body.

Another aspect it that, people are crazy because of the potential massive profits they stand to gain when they stay invested in bitcoin

[Phantomberry]

If you look up the future bitcoin could make you rich because every year bitcoin price increase and the market cap of cryptocurrency increase and it's not bubble.

[Kuchiyose]

If you look up the future bitcoin could make you rich because every year bitcoin price increase and the market cap of cryptocurrency increase and it's not bubble.

Everyone is tempted by big profits because that's why people go crazy with Bitcoin at the present moment.

[cryptokingpins]

It divides the opinion of many. Many see it as the future of currency whilst others may see it as a massive swindle. Whatever the opinions, it seems that bitcoin and blockchain technology are here to say for the immediate future.

[ParveZ219]

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/

The price change of bitcoins from 2013 to 2017 is making people crazy...The people who have done long term investment are millionares now...and also the people who are getting rich by trading bitcoins or short term investment...they the also making a huge profit...so these are the reasons for which people are getting so crazy.

[poletando]

there are no craziness in here because of bitcoin reach 20000 USD in the last year, its because there are many people that curious about bitcoin that's makes the demand increasing, right now the demand is stable and we can see that the price of bitcoin is stable at 7000 USD until 8000 USD only

[android17]

not really in a crazy sense, but bitcoin has become very popular. after going through the process of 9 years, bitcoin has increased very rapidly.Then sudd2bly it goes down again and people don't know what really they will do. Its like a gamble that makes us crazy.

Its making the world crazy because it will make you rich in a short period of time. Compare to investing in bank it will take many years for your money to grow, but in bitcoin investment, you just need strategy and timing to gain big amount of money. Just remember the common stategy, buy and sell. Buy btc when the price is low and sell your btc when the price in the market is high.

[gpamfmcq]

I think it's time for the world's economic order to change. There are a lot of rules that have been in place for a long time, and most of the economic benefits are concentrated in a few people. Bitcoin is the change of these rules.

[cammie16]

not really in a crazy sense, but bitcoin has become very popular. after going through the process of 9 years, bitcoin has increased very rapidly.Then sudd2bly it goes down again and people don't know what really they will do. Its like a gamble that makes us crazy.

Its making the world crazy because it will make you rich in a short period of time. Compare to investing in bank it will take many years for your money to grow, but in bitcoin investment, you just need strategy and timing to gain big amount of money. Just remember the common stategy, buy and sell. Buy btc when the price is low and sell your btc when the price in the market is high.

Yes, this is the common ways all the traders are doing now, buy when it is low and sell when the price is high, this is the reason why so many people are going crazy to buy and sell bitcoin.

[karloscimot]

how people in the world are not crazy. because investing in bitcon without having to get out of the house and waiting for a long time we can already get a big profit gan. if compared with investment in gold or other goods .

[Xlady]

My Thoughts - I just feel people are tired of the traditional banking system and will welcome any alternatives. Esp when that alternative seems better and transactions are faster. The Institutions know this and that's why they are scared.

[Maiscoinyelo]

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 makes the world go crazy because of the benefits that you can get from bitcoin. People go crazy in bitcoin because when they invest their money in bitcoin, their money is multiplying. Another is bitcoin can make their payment system easier.