Why is Bitcoin making the world go crazy?

[chloevo]

Because Bitcoin is speculation, not investment. Its no different then gold. If the economy gets into trouble, your investments are still actual profit producing assets. Your gold is something you can beat looters over the head with. Your bitcoin... yea you better just run from the looters.

[Linhkej]

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 makes the world go crazy because it creates change and opens more options in the future. Bitcoin has changed the way it has been known for a long time, with the familiar presence of the bank and the fees it incurred, time wasted. Bitcoin completely eliminates that. It also changes the way properties are managed. Many of Bitcoin's transactions also left the government unmanageable, raising concerns about illegal activities.

[gorokill]

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/

People don't care about the presence of Bitcoin in 2009, but after entering the end of 2017 the value of Bitcoin investment continues to rise and many people get rich suddenly due to holding Bitcoin, the role of news and social networking is very influential in this case, this news arrives to almost all people on earth and they try to benefit from bitcoin by investing as much as possible, the presence of many new investors makes the price of bitcoin even more crazy.

[ganjasmokingg]

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/

As the bitcoin increased to $ 20k, the whole world noticed it and thought it was a potential market. But now that it has gone down and things have gone down a lot, it has made journalists more informed.
Unusual fluctuations have agitated traders around the world.

[tonyvo2017]

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 made the world go crazy because of its price volatility a little while ago. People pour money into it to earn high profits easily. It attracts a large amount of money and then soon declines. That shocked everyone and the world economy lacked a significant amount of money.

[PhilipCornel01]

it make the people of this world crazy because people expect a lot and at a time they fulfilled their expectation by bitcoin but now they just cannot accept the present condition of bitcoin.

[Pogi2000]

I think because when we talk about bitcoin, it is like talking about huge money and there are many ways to earn bitcoin that is why people are very curious about bitcoin

[bitcoinman93]

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

bitcoin can go much further than 20k, maybe not this year, but in few years time it can be easily in hundreds of thousands USD per 1 bitcoin. Especially if something extraordinary will occur in world economics, such as next crisis

[marcitosi]

because there is an incredible increase in its value, that's why the world is going crazy

[carlisle1]

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/

NICe blog and good points out there,but the main reason for me about why people got crazy on this cryptocurrency?is the reason comparing this to banks,this community gives us reason to feel how to really hold and own our money,without third party and with good profit comparing to the other one

[Awhore]

Well we humans are insatiable by nature, what happened in Dec 2017 is enough publicity to keep driving people to invest in Bitcoin with the expectation of a massive appreciation in value.

[alexlee4694]

I really don't know why bitcoin making the world go crazy.but I think Nowadays, many people are less interested in bank products and want to avoid tax.bitcoin is the virtual currency of the era of digital technology, and today the development of digital technology has become a very personal need in humans. this is what makes bitcoin increasingly crazy and famous according to my analysis

[Totodecaan120]

There are many transactions and lots of liquidity cannot be made in traditional currency. But with Bitcoin, these issues are resolved quickly. This is one of the things that makes bitcoin so important today.

[vokokawev658]

Bitcoin is the first virtual currency worth nearly $ 20000, only this alone makes the world crazy because bitcoin.

[LigwagGanern]

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/

Many people shock or let say going crazy because they didn't expect that the price of bitcoin will hit $20,000. From the starting value of it become 20,000 us dollar. They get crazy because they are disappointed to their selves, if they buy many bitcoin before and they still holding it last December 2017 maybe they are now rich and have a better life.

[Odlanyer]

To my own opinion that's why many people in this world would crazy because they focusing to bitcoin all the time that the intention is to gain and earn money they paranoid that they don't get a high profit that they want and value of Bitcoin has been appreciating considerably.

[spadormie]

It's because of money. World is all about money. If somebody told you that you can make a lot by just 2000 usd? And can profit more and more. Of course nobody wouldn't refuse the offer right? Bitcoin is all about investment and of course, money.

[jatin729]

Only the reason behind it its value which has grown few years ago. As we all know Cryptocurrency is huge market with having lots of coin but only bitcoin has more than 45% dominating power which make it is more popular.

[boyknightvn]

I think the reason was not it's innovation, because it haven't any application for our real life except fast and secure transaction.
I think the reason of the price Bitcoin at the end of last year is because it's big profit from investing ICO and buy new coins, I think this is a main reason to make people go crazy

[Kolikalex55]

It is obvious that bitcoin has made people happy and independent ! He gave a huge percentage and a lot of who got rich but now falls and people are in a panic what will happen next ! My opinion if you bought bitcoin on top of that to keep and not to panic, I think that there will be growth and very soon people will be able to start again to earn more money.