Topic: Why is Bitcoin making the world go crazy? - page 23. (Read 3437 times)
It is still a rather new notion for the wide audience. Nevertheless, there is already a number of the successful stories. People are inspired with these new opportunities. Moreover, a lot of them just do not realize that work with cryptos is not so easy as it may seem.
Bitcoin went through the roof last year. Why wouldn't the world go crazy about this? With it's anonimity and secruity features many people would reallly take interest in this but most important is its value that is so high
yes bitcoin does make the world go crazy, maybe because bitcoin has made many people become rich, success lies in bitcoin
Because the value of Bitcoin has been appreciating considerably.
And it go crazy when the higher value becomes double or triple the price.
If crazy is how you called it, then I am! 
I really regret those times that I have not knew bitcoin since it's existence. Times were really wasted as I thought of it. If I'd only knew bitcoin since it has started, that could be something else or something big for my life instead of being away from my family for our living. I just hope it is never too late for that.
I really regret those times that I have not knew bitcoin since it's existence. Times were really wasted as I thought of it. If I'd only knew bitcoin since it has started, that could be something else or something big for my life instead of being away from my family for our living. I just hope it is never too late for that.
because crypto offers investments with little capital and get great results so many people are tempted by it. and people are very crazy about bitcoin because of the soaring bitcoin prices at the end of 2017 so many are interested in getting bitcoins.
Because you can make a lot of money in a short time
Bitcoin has been centralised world wide usage, in which many companies has been recommended bitcoin transaction, because of the effectiveness of confidential payment method. And also very smart and faster than any other.
A question with many answers I say. I'll give a few answers to this.
1. With bitcoin I have privacy so and absolute power over my money
2. Most people are so tired of the traditional banking system(I see them as opposite of Robin Hood ie taking from the poor and middle class to feed the rich)
3. Bitcoin isn't stable so we have to be on the watch.k
1. With bitcoin I have privacy so and absolute power over my money
2. Most people are so tired of the traditional banking system(I see them as opposite of Robin Hood ie taking from the poor and middle class to feed the rich)
3. Bitcoin isn't stable so we have to be on the watch.k
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/
https://blog.bitspark.io/why-is-bitcoin-making-the-world-go-crazy/
The people who had invested in 2013 they are millionaires now so the other people got shocked by seeing the price change of Bitcoin from 2013 to 2017 and for this all the people got crazy for Bitcoins as we all are greedy so we will go to that way where profit will be there.. but now investing in Bitcoin is like gambling as the price of Bitcoin is too much unstable it is changing time to time so many people are getting loss also who are investing a lot in Bitcoins.
The price of Bitcoin can fall and raise again at any time. Because if you are emotional person, you can not go long with Bitcoin.
The rise of bitcoin really shocked investors. Its dramatic increase has affected many people.
The volatility associated with the bitcoin market is extremely high, so it is possible that all those who invest exclusively in trading in the short term need to have a cool head.
Well literally it is not the world that goes crazy but those are the people who get involve and joined in cryptocurrency. Emotions could be overflow sometimes with greatness or sadness depending on bitcoin market price movement. If you will see huge downfall on bitcoin market price then people will get panic or sad and if the opposite thing is happen they got over joyed that is how bitcoin making the people who were living in this world go crazy.
It is because trading with BTC has made many people massively rich in the recent times and there is no trader who can ignore the possibility of being a millionaire. You can research the analytics in BTC value which has driven a lot of people in the market despite losses.
Here is my opinion:
The first one for me is the greatest reason, especially in the Philippines. Just last week, there a news come out because of a research that most of the Filipinos don't prefer to save money in the bank but rather save by them selves. But because of cryptocurrency there's a higher possibility for their money to earn because of it's volatility. It's just about the right timing of investment. - 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.
Because it will disrupt the financial system in the whole world. So it is just a normal reaction for people to go crazy at bitcoin sometimes. Because of that potential, it had reached amazing huge value which make more people go FOMO in December and it will make the world go crazy again once it reach $100k and $1M.
Because of its unstable development, the world is going crazy by bitcoin
I also asked why is it? But for me even if I am mad at bitcoin because of its good performance around the world, because it's going to be good to you when you know the trick in the world of bitcoin
Greetings, comrades of the BitcoinTalk community, I would like to tell you my opinion. Actually, what has caused the Bitcoin, has gone beyond a simple economic situation, in a complex framework; I believe that what Bitcoin has caused, in the global population, together with the other crypto-active, has been hope. But hope towards what? or why ? Simple, we have been subject to a banking regime for many centuries, which arbitrarily controls, directly or indirectly, all the financial operations of the community; which, sadly, has been lent to negative situations, such as "balloon fees", mortgage fraud and high copper rates when making a simple transaction. Movements that generate a very abundant wealth in favor of the bankers and associated corporations. And thanks to this, Bitcoin was born, which would provide us with a simple way, which would make the payment system and even merchandise, looking for an intuitive and simple virtual economic system.
Thanks and see you soon.
Thanks and see you soon.
Jump to: