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Topic: Why is Bitcoin making the world go crazy? - page 6. (Read 3468 times)

member
Activity: 356
Merit: 10
For those people who is very much interested in knowing Bitcoin and how to earn from it. Once they know how it works and how much is the value, ofcourse, their eyes will spark like diamonds because it's vakue is way higher than the normal currency of ones country especially those developing countries. The price of Bitcoin compares to the normal currency can secure life and situations. Earning from Bitcoin will answer most minor problems of individual and might be a solution to the major problem of developing country. Im just hoping that they would study how can the Bitcoin affects and develops economic situation.
jr. member
Activity: 173
Merit: 7
The creation of bitcoin made the world go crazy because it is the new gold in the century. Everybody wants to have it and get rich fast and the demands increases and everybody is willing to spend lots of money just to buy for it.
full member
Activity: 518
Merit: 101
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.

And most of these people already know the fact that there were already people who got wealthy because of it. Now, they wanted to ride in the bandwagon with a mindset of getting rich sooner than soonest too and that what makes them crazy about bitcoin and cryptocurrency stuff. But they don't really realized that it's not that easy to be get rich in crypto because it might just frustrate them at the end of the day.
newbie
Activity: 13
Merit: 1
I believe why Bitcoin is making the world go crazy is pretty obvious. No rocket science: people hear the success stories of traders/hodlers who became stinking rich overnight and they are dreaming to ride the gravy train and they believe Bitcoin is the ticket Wink
newbie
Activity: 49
Merit: 0
Because of the benefits it gives people, the payments are fast and secure, so people like it.
newbie
Activity: 32
Merit: 0
there are many people who want to know about bitcoin that makes demand increase and there is no madness here because bitcoin reached 20,000 USD last year
newbie
Activity: 76
Merit: 0
I think it's because the concept is somewhat new to people plus it's getting a lot of exposure from the media. And because it's the digital age, anything that has something to do with internet or technology gets all the attention.
full member
Activity: 364
Merit: 100
I think people go crazy because the price of bitcoin is very high, many people get rich and become millionaires with the highest prices at the end of 2017, this high bitcoin price makes many new people invest in bitcoin, they hope to become millionaires. I also hope bitcoin will rise again later this year.
jr. member
Activity: 126
Merit: 1
Bitcoin is designed to be better than traditional currencies, and this fact alone is shaking up our current financial structure. Of course people will either be alarmed or excited about this. It’s like the internet during the 90’s. We were all like “oh my god, what is the internet? Will it take over our lives? Is it evil? But now we live our lives so seamlessly with our online lives via the internet.
The same goes for crypto. It will seem like just a hype at first, but will eventually prove its many advantages in the long run.
newbie
Activity: 42
Merit: 0
A large number of bitcoin uses become creazy among them some are crazy because they are worried about their investment and some other are worried about bitcoin.
newbie
Activity: 7
Merit: 0
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/
Someone is afraid to miss the profit, and someone believes in bitcoin.
legendary
Activity: 2044
Merit: 1008
People are going crazy because it is difficult to believe that some asset can increase it's price by 20 million times!!!! (Bitcoin did just that, from $0.001 per coin in 2010 to $20,000 per coin in 2017).
full member
Activity: 591
Merit: 100
WATANABE
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.

Bitcoin is very different from other types of coins because Bitcoin is loved by many people rather than other coins currently available.
member
Activity: 378
Merit: 35
People are crazy because vibrations of BTC in exchanges were huge during last years. Those who bought BTC even in 2016 year earned a lot of money (I keep silent of those who bought it in 2011 or a bit earlier). Everyone wants to become so lucky, to earn his/her first million. A lot of them believe trading BTC in exchanges is an easy way for that.
newbie
Activity: 95
Merit: 0
maybe because the price of bitcoin so so so many people are crazy about bitcoin. and provide many opportunities for each member.
member
Activity: 252
Merit: 10
I believe that bitcoin does not drive anyone crazy, as every person before doing something.To enter this new market or make any investment in the crypto currency, you need to study the market well, understand many details of how it works and what are the consequences he will carry with him.
newbie
Activity: 83
Merit: 0
I think many peoples become crazy because of the big value they will give here. They can invest also here. Everyday peoples needs money that why they are so crazy here in bitcoin.
full member
Activity: 410
Merit: 100
because this can be called by the purchase of a BTC that some people invest and may also for payment through a bank token that we will sell ... and sometimes it takes a process through a certain market.
jr. member
Activity: 278
Merit: 1
simply getting the job done
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.
newbie
Activity: 225
Merit: 0
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 Cheesy
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