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Why do many people obsess over bitcoin?

Folaham

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I think the main reason is that it is a very profitable and easy way to earn money that's why many people obsess in bitcoin.
The obsession has to do with it's popularity in this part of the world. When you mention cryptocurrency, what comes to mind is Bitcoin and nothing more. It is only those that are courageous enough to delve into the world of cryptocurrency that can actually talk of others. Within the sort time I have spent here, my understanding of the virtual currency world has improved
 

Lyrrex

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Why are people obsessed with Bitcoin. Well to me the question is self explanatory. Bitcoin is the number crypto currency in the world and the biggest crypto investment in the world right now. If a person own 1 Bitcoin now he already owns up to 15,000 dollar
 

springtech

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I think the main reason is that it is a very profitable and easy way to earn money that's why many people obsess in bitcoin.
Have you heard the saying, "follow the money". The central focus is MAKING MONEY, so if it is Bitcoin that will make it possible then so be it.

However, i believe there is a revolution currently going on, it is the cryptocurrency revolution. There seems to be a shift in the paradigm.
A lot of people are fast adopting cryptocurrency, and the most popular of them is BITCOIN.

And to think bitcoin has been making some incredible crazy move in the market, everyone tend to be catching up perhaps due to FOMO, the fear of missing out .
 

Profwriter

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Presently bitcoin has the highest value and worth among other crypto currencies, it's natural for people to tend towards that which has value even if they are not traders.
 

Bholozy

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I believe people are so obsessed with it because the value keep increasing and seem to get better in future than it is already. Investors are looking at the future of it already
 

Holluwaphemmy

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There are many reasons why people are obsessed with the mighty cryptocurrency that has been claiming the cryptocurrency Hall of fame. First, because of its high turnover,many people consider investing in cryptocurrency as a very profitable one
 

Jimmie150

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A lot of person are obsessed about it as a result of it profit margin compared to other alternative coins in the market. I believe bitcoin will still grow more than what it's current value is as at today. In general it's worth it.
 

Hamza

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That's right many people are attracting towards online investment. The reason they are obsessed with bitcoin is that it's rising day by day so people get profit from it and it's easy procedure. As long as people getting profit from it they gonna be obsess with it
 

unhappy triad

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Bitcoin investment is one of the most profitable type of investment and it's worth is increasing day by day, so people are more investing related to Bitcoin rather than other currencies.
According to my opinion, in the coming years Bitcoin will continue to dominate
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Bitcoin investment is one of the most profitable type of investment and it's worth is increasing day by day, so people are more investing related to Bitcoin rather than other currencies.
According to my opinion, in the coming years Bitcoin will
 
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MarieArie

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Why are people obsessed with Bitcoin. Well to me the question is self explanatory. Bitcoin is the number crypto currency in the world and the biggest crypto investment in the world right now. If a person own 1 Bitcoin now he already owns up to 15,000 dollar
Social signs are the engagement that the material gets on social media sites like Facebook, Twitter, Instagram, and Pinterest, including views, shares, and feedback. This is the most critical metric for many enterprises when it comes to social media campaigns. Many SEO experts claim that relying on social cues for SEO purposes is a waste of time, but I adamantly disagree with that feeling.
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Why are people obsessed with Bitcoin. Well to me the question is self explanatory. Bitcoin is the number crypto currency in the world and the biggest crypto investment in the world right now. If a person own 1 Bitcoin now he already owns up to 15,000 dollar
Social signs are the engagement that the material gets on social media sites like Facebook, Twitter, Instagram, and Pinterest, including views, shares, and feedback. This is the most critical metric for many enterprises when it comes to social media campaigns. Many SEO experts claim that relying on social cues for SEO purposes is a waste of time, but I adamantly disagree with that feeling.
 

Tariq Nazir

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Look at it's dominance that the value of no 2 rank currency is 0.042 even less than that look how margin is there. reason people are obsessed with Bitcoin is that people like conformity. Not only in bitcoin, but some other things they do in life. Most people like to follow the park because they are lazy
 

Tundeoguns1

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Why is so many people obsess with Bitcoin. Common everyone is obsessed with Bitcoin it's the number crypto currency in the world. Am you are also obsess with Bitcoin, just owning one Bitcoin means you own eighteen million naira. Common everyone have to obsess with Bitcoin. That why everyone one want to invest in bitcon
 

Blue house

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Of course many people are obsessed over bitcoin, and many more will come.
Many people are obsessed over bitcoin because of it high value, if you have just only one bitcoin it is like fifteen million in my country currency, so the value of bitcoin is why people are obsessed over it.
 

MarieArie

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Why are people obsessed with Bitcoin. Well to me the question is self explanatory. Bitcoin is the number crypto currency in the world and the biggest crypto investment in the world right now. If a person own 1 Bitcoin now he already owns up to 15,000 dolla

I think the main reason is that it is a very profitable and easy way to earn money that's why many people obsess in bitcoin.
Bitcoin is a comparatively recent form of digital currency for those who are unfamiliar, where cryptographic methods are used to monitor the generation of currency units as well as to validate the flow of funds functioning independently of a central bank. It was developed using the pseudonym Satoshi Nakamoto in 2009 by an anonymous person. No one knows who he (or she) is, what he looks like, or even whether he is, to this day.
 

Adebayonle7

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Obsession can be for the wrong thing and for the right reason. You say it in a way that bitcoin is not good enough or worth the hype or obsession from people like you put it. The value and sustainability of bitcoin has risen above any and all other crypto currencies. It also got endorsed by many noticeable and affluent people and it also got incorporated into many business systems and transactions which accelerated its popularity so quick.
 

Damscooguns73

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Concerning why people or many are obsessed with it. Well, I think the answer is made known to every one already , people are obsessed with because it has become a game changer for most people in the aspect of finance, people have made money than they could even have imagined so people grew obsession because of the profits in it
 

Tundeoguns1

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Why is many people obsess with Bitcoin. Well I think the answer is straight forward and known to everybody already. Alot of people are obsessed with Bitcoin because of its high rate convenience and high security, and not only that because Bitcoin is the leading crypto currency in the world right now.
 

Eodine

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I recently went out with a few people I haven't seen in a long while and surprisingly they were discussing bitcoin over watching an important match which made me also ask why people are obsessed with bitcoins
 

Yaqoob Habib

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People are obsessed about the crypto currency because bitcoin price increase can also be attributed to its stock-to-flow ratio and deflation. If Bitcoin continue on this trajectory as it has in the past, investors are looking at significant upside in both the near and long-term future.
As a digital currency that brought decentralization to the traditional financial system.The Bitcoin excitement ,particularly among the young people,illustrates that people feel locked out of the ability to have the kind of assets that would let them generate any form of wealth ,
 

FreshKaz11

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I think the main reason is that it is a very profitable and easy way to earn money that's why many people obsess in bitcoin.
I think the reason why we all obsessed with bitcoin is because is the most popular one ong the cryptocurrency,and it's the first one I guess. So once you could afford to get one you could trade it well and make more profit gain from it and I guess is because it is very easy to trade in the market, because everybody want to buy bitcoin g .
 
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