Topic: Why is Bitcoin making the world go crazy? - page 44. (Read 3437 times)
Bitcoin had a great increase at the end of 2017 and I think this made people become crazy about it because they believe (and it is true) that bitcoin can bring you amazing profits
Yes it is right people are crazy about bitcoin, I think it is because bitcoin introduce new technology among world and people only know bitcoin in crypto currency. Other reason is it's price specially after Dec 2017, in Dec 2017 the price of bitcoin touch's 20000$, that make many people a millionaire .which attracts too many people.after that a lot of people start following it's market rate and get interested in investing in it.
With an easy-to-trade market easy to trade around the world and especially when you invest in this market, you do not have to pay taxes. So according to you, do you like to invest in such a market? And I think that's the reason the whole world is crazy to invest in it.
Because the value of Bitcoin has been appreciating considerably.
Yes that is true bitcoin has been more popular and a successful cryptocurrency, And now people today see bitcoin as the easiest way to save, invest and earn money. They think that through this it will save us from poverty.
No intellectual reasons for that alas. People just see a get-rich-quick game and they want to be part of that. They couldn't care less of the real nature and virtues of bitcoin.
For me because of the impressive price of this. People think if they earn 1 bitcoin there life can be change because of the money they can earn.
To really perceive the craziness around Bitcoin we'd like to grasp the technology itself. Anyone UN agency has began to regarding|examine} Bitcoin can have learnt about however it's the potential to exchange our banks because the manner during which we tend to store and manage our cash. several see vast issues at intervals our monetary establishments as they're, and then this lends associate exciting edge to Bitcoin.
People go crazy just like what happened last year that Bitcoin reached 20,000$. And people are in so hurry to buy and almost everyone is talking about the rapid increase of its price in just a matter of minutes.
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/
There are different people in the world and some does really believe that bitcoins has a bright future and some does not really care but it was still a good thing to invest because you are not assure of the future so just invest if you have a few penny's in your pocket.
The great popularity of bitcoin led to large investments in crypto-currencies. And as a consequence, bitcoin has grown at times or dozens of times. Most of them just wanted to make quick money, nothing to do with the duck. But this does not happen. And bitcoin has fallen dramatically in value. But the popularity remained
Because the value of Bitcoin has been appreciating considerably.
The price of bitcoin attracts people to owned even just 1btc.It already has a growing community were most people eagerly wanted to own bitcoin as their investments.If this will continue to happen this will contribute to make a fastest growing value in the market capitalization.People will be more frustrated to invest and follow the trends that has a good output for future usage.As a part of this community i used to spend my time to learn in this field.People going crazy of bitcoin,even me as well.I also have some frustrations to get some of it.I have read some experiences in different threads that it probably change their lives to be financially stable as bitcoin is very profitable source of money.
Because the value of Bitcoin is so great, because some people in the world become millionaires thanks to Bitcoin. This information has spread around the world people think that BTC will bring their wealth, they plowed into BTC investment while they have no market experience. That is a mistake for all those who only see the appearance of BTC. BTC is very risky.
For a lot of people from the third-world countries Bitcoin is the last hope. I would call it possible 'lazy money' so no efforts are needed to get profit when time comes. I won't be surprised if fall down of BTC causes suicide commitments, unfortunately, because a lot of people are emotionally uncontrolled. That's why, guys, don't spend all of your life savings on any cryptocurrency! Contribute the amount you're ready and not scared to lose!
it is suitable for the role of money more than gold, banknotes or even seashells. Due to its design, bitcoin also has the advantages of the "money" that is familiar to us, and a whole set of unique properties.
Yeah, It is actually the benefits of the coin as a currency which are making people that much crazy. Because of that people are interested to adopt it and because of that adoption the price of bitcoin is increasing so the features of it and the price rise are making more and more people attracted to bitcoin and they are now crazy of bitcoin and most of them are rich because of bitcoin so many other also want to become rich with this currency.
I think the main reason for the financial madness surrounding of world, which it is the ambition to make money on the go. It is everyone's dream to make easy money.
Because its good to invest in bitcoin coz bitcoin value is high so people wants to invest in bitcoin and the world is talking about its value.
That's true, so it is cause if why is bitcoin making the world crazy because, it is so crazy to excitement earn lot of money and it is easiest way to get a good income and salary if you have no job o need a extra income. Many are crazy to invest using bitcoin because, even without doing anything we can earn lot money if the value of bitcoin is increase to increase.
Tge world go crazy in bitcoin, because they really wanted to have bitcoin everyone really show interest and believe tgat bitcoin can really make their life easier, many individual believe that bitcoin can rise up soon so then the bitcoin economy today is quitely rising, even if it will drop for a moment, people believe that it will rise again soon and they are going crazy about grabbing this kind of opportunity.
It is because bitcoins is reliable its working for people. People are now getting to know more about cryptocurrency and almost will do anything to be a part. For those who are already there are saying good thing about bitcoin, so why notgo c4azy about it
it is suitable for the role of money more than gold, banknotes or even seashells. Due to its design, bitcoin also has the advantages of the "money" that is familiar to us, and a whole set of unique properties.
Bitcoin is making the world go crazy because of its volatility, bitcoin or other alternate cryptocurrency has the ability of growing geometrically and as well depreciating geometrically because of it high volatility
Bitcoin making the world crazy because anytime you will be rich at the same time a huge income coming from bitcoin would really the best thing as we experienced in life. Jump to: