Why is Bitcoin making the world go crazy?

[kakaty]

Individuals are obsessed with bitcoin due to its developing value that took a considerable measure of considerations of financial specialists.

[Cherylstar86]

Actually mate not as crazy as what you think in which many people still curious on what is bitcoin all about as they were amazed the capability and usage by each and everyone of us here in the world of crypto currency. Well, as the time goes by bitcoin are getting popular as it can definitely help the financial stability of those users invest on it, but there is still a chance by those users to earn more profit in the future.

[airdnasxela]

Well, the craziest thing about bitcoin is that it is often ignored and neglected by people before because they look to it as a scam or a technological invention that will be dumped. What crazy is that bitcoin walk the talk when it was unexpectedly rose its value from an unbelievable increase. Now they are running for them to invest on it so that they will earn some profit. Well I think that is normal because when there is a fish everyone will try to catch it. Before bitcoin is a small fish,  but now it is a well known bit fish that everyone try their best to have.

[angchosenone]

Numerous individuals get rich rapidly, and there are likewise some who wind up poor in light of bitcoin. There is a major pick up and some are getting huge misfortunes. Since taking off bitcoin costs before the finish of 2017, individuals end up self-absent minded and extremely excited about having bitcoin, however right up 'til the present time bitcoin has fallen well beneath $ 20,000 from its most noteworthy cost before the finish of 2017. That is the thing that makes the world go distraught for bitcoin

[burky156]

You are right! Bitcoin is making me crazy as well! I have never waited this latest fall and i change my all altcoins to bitcoin 10 days ago(!) I think we will never going to understand Bitcoins waves.. And ofcourse i lost money on 2017 December, the biggest fall $20k to $7k...  

[amber deposit]

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.

[btcCoincart]

Because of all stories surround bitcoin and how holders become millionaire after 3 or 5 years... That makes people want to spend some money and wait for their luck. Just the same as lottery

[CrypTM]

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.

[narukami]

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.

Bitcoin is the best cryptocurrency and bitcoin is really a great investment now that's why it is very popular now and that's why it makes the world really crazy and for sure when the value of bitcoin will rise again very high all the holders will becane crazy again.

[xiboothrezi]

Yes, bitcoin kicked off the world with a financial system that is very modern and very much in line with the digital era. Bitcoin is always doubted by many people, but for people who believe and can take advantage of the opportunities offered by bitcoin, it can get multiple profits. So that bitcoin starts to be taken into account today as a high-value investment and at high risk.

[ashfer]

         One of the main cause for Bitcoin making the world go crazy may be cheap electricity for mining Bitcoin .Another reason is that the people doubt about the stability of fiat currency and some of the Eastern European countries has gone through prolonged war and recession that cause the poor  working class people to lose confident in government and bank . Another fact is that these country people had faced many difficulties in currency crash for several years these all leads the people go crazy with Bitcoin.

[rockyboy]

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/

Because of the news that there is a big chance of earning with btc investment.  There is a big chance of becoming a new rich people in the future. That is the common reason why a lot of people go with the flow.

[Saveplus]

Because people want an easy money and they thought if they invest in crypto it will gain more profit immediately.People now are.lazy for work hard ,they did not know when they enter into crypto they need more knowledge to have more patients too.

[GreatArkansas]

Because there are lot of people using only Bitcoin just to earn money, they want to get rich because of Bitcoin, I really don't agree on that idea. That's why Bitcoin making the world go crazy, they should know how Bitcoin works and they should appreciate the use of Bitcoin.

[XFlowZion]

Because bitcoin is a disruptive technology. It's like google, youtube and facebook that is just starting up and has a great potential to become big like how it is used to be now. Only visionary people will see it and while the rest see it as their chance of becoming a millionaire and that would really make anyone insane.

[Bounty_Manager100]

Maybe because it is unstable  people can not patient enough to wait for bitcoin.

[CandyIzDelicious]

bitcoin population from year to year is increasing sharply, so that many attract new people to invest in bitcoin. so that the bitcoin price can be up to 20k usd. this is really crazy

[rollingstorm45]

waiting for another moment where BTC rose from 6k USD to 20k USD
it seems very nice if we get big profits this year
because I think 2018 there has been no price increase exceeding 9000 USD

[Captain Sneeze]

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 why bitcoin making the world crazy because of the pump and dump activities and also because it is one of the incredible technology of our time which offers as both a medium of exchange and investment platform.

[BAGOBO]

Because the value of Bitcoin has been appreciating considerably.

not just that. they are crazy because they see the market price that goes up and down at any time which will affect the value of the coin they hold. they are crazy if prices go down and investment value decreases.