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Author Topic: Why is Bitcoin making the world go crazy?  (Read 3413 times)
tokenlife
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July 30, 2018, 01:47:35 PM
 #761

There are quite few motivations:
1) Get quick profits.
2) Use it value storage to save some money for the future.
3) Get connected to the technology and be up to speed.
4) Get funds for an idea.
5) Understand financing as a new knowledge area.
6) Join early market to become a professional in the future.

Cahndeso
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July 30, 2018, 01:53:53 PM
 #762

In my opinion, bitcoin makes people crazy because they can make big profits from here, no one predicts bitcoin in the future as it was in December last year. Maybe, bitcoin prices can soon reach $ 50000 or $ 100000. That is an example, we can get big profits even if only a few days

Emmax
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July 30, 2018, 02:05:38 PM
 #763

At the moment what we experience in December last year has not yet happened this year 2018. But hopefully we get back to $20000 soon and far more below $20000. We should be expecting $30000 this year 2018. And next two years $50000. We should all aim high and the market will help anyone whobknow bitcoin when it was low. But thank God the market is recovering back gradually, it was not easy when it was below $6000 but the jump has helped a lot of people. Hope to see more bull run soon in the general market.
Robert12312
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July 30, 2018, 03:05:07 PM
 #764

Bitcoin making the world crazy because of the price doesn't notified why suddenly decreased  going faster, infact all people should be shocked for a long period of time from December 2017 until now. However, Bitcoin trying to grow up everyday but not continuously. The important is we should keep on monitored everyday and always be updated.
costanos02
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July 30, 2018, 03:14:58 PM
 #765

Bitcoin is a descentralized system that even government cannot control it, and the fact that bitcoin has a very huge potential, bitcoin can be use as centralized payment for  every transactions anywhere in the globe, That makes bitcoin great.
sri.bima
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July 30, 2018, 03:52:16 PM
 #766

The reason Bitcoin can shake the world may be some people around the world know the rapid technological developments, With Bitcoin people with lower middle economy can improve their finances like now because how someone can make money without anything.
With Bitcoin very important to push the economy and the world's huge debate on him.

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Dico88
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July 30, 2018, 03:57:50 PM
 #767

Bitcoin as the main idea for the great decentralization that ever happened but sometimes it's better to have hope and I really think that we will see the change of the next few years and let's wait for it to materialize. Cool
bstewart
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July 30, 2018, 04:03:14 PM
 #768

Here is my opinion:
  • Nowadays, many people are less interested in bank products.
  • Many noobs entering the Cryptocurrencies market, and they only know Bitcoin, not altcoin.
  • Venture capital also entering Cryptocurrencies and want to avoid tax.

Also many noobs bought bitcoin in December at the top and fomoed until bitcoin crashed which caused a lot of craziness in the market.
bstewart
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July 30, 2018, 04:04:02 PM
 #769

The reason Bitcoin can shake the world may be some people around the world know the rapid technological developments, With Bitcoin people with lower middle economy can improve their finances like now because how someone can make money without anything.
With Bitcoin very important to push the economy and the world's huge debate on him.

With finances, there are a lot of institutions that crypto might end up hurting so perhaps it is in their best interest to fud bitcoin as much as possible.
zorchy
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July 30, 2018, 04:10:11 PM
 #770

Around him constantly come intrigues from the government, media and in the political direction. You can say that bitcoin is a global product for manipulation.
SixOfFive
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July 30, 2018, 04:29:49 PM
 #771

According to me:
1.   The people look out for more incentive products, which can provide great returns.
2.   They have realized that bank products are just a waste of time and money as the amount of interest they provide over a long period of time is eaten up by inflation.
3.   The concept of cryptocurrencies is totally a new one and a new thing always excites the people.
4.   Since Bitcoin is the first cryptocurrency to be launched, it enjoys the first-mover advantage.
Maveric99
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July 30, 2018, 04:36:13 PM
 #772

Perhaps the public is very surprised to see the current condition of Bitcoin with a very rapid increase, plus more platforms that can be used by bitcoin itself for the means of payment of investment and exchange of other coins. I hope that in the future the world can acknowledge Bitcoin for its usefulness to the whole society.
pavel08
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July 30, 2018, 04:44:55 PM
 #773

Many people still do not know what bitcoin is but they begin to identify themselves from their familiar relatives and when they see that people are making money on it they start to study in detail what bitcoin
ay0d1
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July 30, 2018, 05:05:09 PM
 #774

Bitcoin is making the world going crazy because is anonymous and does not require physical bank before transaction can be made. You do not need face to face with buyer or seller before storage of the asset can be acquired.
Bitcoinbitcoin0909
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July 30, 2018, 05:08:32 PM
 #775

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 it is because bitcoin has unlimited possibilities which mostly benefits the investors and the people using it. A lot of things has already occured within the crypto world and we can see that bitcoin is one of the most successful one. We should atleast remember what it did last year wherein many people gained a lot of money due to the sudden dump. No wonder why bitcoin makes the world go crazy anymore after all it has done.

parazhia
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July 30, 2018, 05:20:47 PM
 #776

I think it's because bitcoin is a buzz of something new and a new technology that seems to be promising for a better future
indah333
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July 30, 2018, 05:25:27 PM
 #777

How not to make the world go crazy, Because you can make a lot of money in a short time. (and vice versa) which is why many investors want to invest in bitcoin.
soplo
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July 30, 2018, 05:27:24 PM
 #778

indeed many people feel dizzy about the development of bitcoin and it is very difficult to believe with what has happened so much panic in holding or buying bitcoin.
besides it not only makes people crazy but makes people who have an attitude will waver with what happened Wink
adadaorlina
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July 30, 2018, 06:01:19 PM
 #779

Bitcoin is a good thing to have investment and the world go crazy because it can definitely change your life and it helps you with your financial problem. People love it because of the decentralized nature that is has and its not been controlled by any government. I am thankful to the fact that I can earn some extra money with the help of crypto currencies.
kadutz25
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July 30, 2018, 06:11:52 PM
 #780

because bitcoin can change a person in a short time to get rich and of course bitcoin results are able to change their lives much better than in previous life and in just a short time bitcoin can turn a person into rich and eventually bitcoin will make the world go crazy Cheesy
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