Why is Bitcoin making the world go crazy?

[tyronecoinbit]

Without a doubt, bitcoin made everyone in this cryptospace go crazy, and it still does up to now by dominating the market capitalization. From the less than 1 cent value of it way back 2010, it surged up to its highest spike in its history of $20,000 value last December 2017, and is still playing at around $6,000 now. This roller-coaster ride of bitcoin, its steep climbs and heart-stopping drops, drives everyone in this business crazy. It still proves itself to be the king and  the most in-demand cryptocurrency. I believe, despite its heavy falls, it's still on a roll and it'll come back dramatically once the ETF is approved. This is another reason to go crazy over bitcoin!

It is indeed a roller coaster for bitcoin. Who would not be crazy. From $20,000 down to $6,000 bitcoin price. Can you just imagine how huge the drop of bitcoin price is. Despite of its drop, people are still into bitcoin, why? Because they are still hoping that before the year end, the price will go back to $20,000 or even more. There's a speculation that bitcoin price will reach up to $50,000 and everyone are hoping for it.

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[nancyjewelmcdonie]

Since BTC depends on blockchain which is more secure and irreversible,peer to peer transactions.BTC is the quickest developing cryptographic money in which return is high when contrasted with risk.Year 2017 can be named as a commendable year for the development of BTC.If you need to send cash from world one place to another place,you go to bank,wait,fill documents,submit,pay high commission,almost entire of your day is passed in this transaction,whereas in the event that you influence exchange through BTC,it to will take couple of minutes and less fee,comparatively superior to anything banks.Coming future is just cryptocurrency.Sitting in your home you can exchange your BTC anyplace in the world.Many individuals who put resources into 2016 or mid 2017 are mogul now,these all characteristics of BTC truly make world insane and pulled in towards it. Since its great to put resources into bitcoin coz bitcoin esteem is high so individuals needs to put resources into bitcoin and the world is discussing its esteem. The Government needs you to be frightened and reliant on them for your life and of your ages. The Centralized broker's can't see an outsider making you rich, when they need is your cash to profit unreservedly. In addition the greatest factor is the media they have built up it as a villion and now it's at the forefront of everybody's thoughts, that is the reason in a way its great that is it happening useful for everyone. The blockchain innovation that bitcoin brings is the up and coming age of innovation, and nations are beginning to consider blockchains and slowly acknowledge bitcoins.

What's more, the bitcoin value vacillations, I think since an ever increasing number of financial specialists trust that this will profit, so a lot of cash interest in encryption money showcase, prompted the rise of an air pocket. Bitcoin has been a migraine and an amazement and gift across the board. When everything began no one took bitcoin and digital money effortlessly. They all feel that bitcoin was a sham and that it would not be as productive as it is currently in light of the fact that how might anybody profit put of nothing. In any case, the best thing about it is that bitcoin was anle to push theough and is currently making the world discussion on itself

[kyledavid]

bitcoin is already expanding worldwide many people are using it and many are  people wanted to invest in it . Maybe because bitcoin is viral from social media , to television news and newspapers . bitcoin now is becoming a huge investment there also news in our country that bitcoin were already supported by our government so i am sure this will become a huge success in the world of crypto

[Mariela]

Well. It is all about of money.
When you say bitcoin. People who have know what is it.
The first thing inserted to their mind is money.
And most of all person in this society are suffering from financial problem.
So they are crazy to the value of bitcoin because of its huge amount.

[woolm110]

People looking towards the future is 1 thing, how can we move away from these centralised systems we rely on some much and take back some ownership. The other in my opinion is just FOMO, people saw the heights it reached over christmas last year and now don't want to miss out on the "next big thing"

[Tiger Junk]

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/

Well bitcoin really making the world go crazy because the future price of bitcoin can also pump again up to $20k or maybe more than that, and also now a lot of newbie here in crypto is also putting there money in bitcoin because it is a great investment to have a good income.

[cryptomachines]

 
 In my own understanding The name it indicates bit coin  that is not not a bit coin it is a'' big'' coin  because the coin is change the environment of the
  currency valve throughout the world it is the excellent way to invest in bitcoin  the valve is getting higher every second that's why the bitcoin
  trade in every ware............

[avoxosuccesful]

i think its because BTC is a decentralized currency and it is a secured way of investing and it is also irreversible. the BTC is the fastest decentralized currency and its return is actually grater than its risk. the world at large is going through moneytry crisis and every body need money to be able to solve their issues, and BTC has helped so many people archive their dreams through its returns. and also it is not controlled by the government

[White Christmas]

Bitcoin is making the world go crazy because of a lot of factors. There hasn't been in the history of mankind a technology like Bitcoin's judging from the financial aspect. The technology behind it is revolutionary and is here to address the fraud in the world's monetary system. The price of Bitcoin has been swinging wildly. It started from when the price of one Bitcoin was less than a dollar to last December when the price soared to a jaw-dropping twenty thousand dollars. Now the price is hovering around six thousand to seven thousand dollars. This has kept so many people anxious and anticipating its rise past its All Time High.

People get crazy on bitcoin because of the benefits that you can get from it. Bitcoin becoming more popular because of the huge price of it. People get crazy on it also because it was very profitable. As people get another income from it, they tend to invest more especially when the price of it was falling and sell it everytime the price of it rise again.

[Harrow30]

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 can say that a lot of persons have been swayed away by the unrooted believe that the cryptocurrency is a get rich quick form of investment. A lot have come in with this perception and have had their hands burnt and there by having the encounters spread abroad.

[goldSkylark]

The world has gone crazy? I haven’t noticed. Haha..
On a serious note, I think bitcoin is indeed, shaking things up in our world. In terms of investment, people are going gaga over volatile prices, while those in business are beginning to see a new financial structure for exchanging goods and services. Change is happening and of course the world is beginning to take notice of that. A lot of exciting things are happening!

[mamacitosi]

Because of the reason that through this bitcoin normal earner people having a chance to become rich because of bitcoin many having the the opportunity to reach their dreams.

[pippaan7fyatsko]

Bitcoin will not lose and will continue to reign for many years. In the world of cryptocurrency investors are the responsible for the existence of the coin. So as long as there will be many investors to come in there would be no end of bitcoin. Technology wise can be improve by upgrading system performance, let the great minds do their works.

[Avadakedavra Lord]

For me, bitcoin can make the world go crazy because of its unstable. It can rise and fall suddenly.

[AnnaJames12]

Some argue that Bitcoin's price increase may be based on speculation. Investors argue that digital currencies will be valuable in the future, not on how they are used at the moment. Because virtual currency markets are still too small, while their prices can fluctuate dramatically when something is happening. Currently, bitcoin prices are not going to go beyond the mold but I'm still looking for a The near future bitcoin will dominate the market and help me earn a satisfactory profit.

[xuzukami]

It is easy to understand that bitcoin from the very beginning was only at low starting points. but what now? Bitcoin prices are very high. And it certainly changes a lot as the demand of the market increases. Price fluctuations of Bitcoin follow I think enough to make the world go crazy.

[zubrr51]

Bitcoin making the world go crazy as many do not understand what to expect from it in the future and therefore experience.

[shawn995]

Properly stated, it was somewhat certain shot lottery for every one of those put resources into beginning period and afterward had tolerance to see it moving till $10k or somewhere in the vicinity. Tragically, expecting that much development currently is nor pragmatic from bitcoins and we should pick something from alt coins to get those insane returns. Anything including immense cash can make a man insane however the sum contrasts starting with one individual then onto the next.