The bitcoin will make the world crazy in the start, while it lasts people will learn about the bitcoin thats why me and my other friends was go crazy in bitcoin hahahhaha. You learn for this to improve our self

The reason behind the recent rally is pure greed which created chaotic situation, unlike traditional markets Bitcoin gave exponential returns of over 100,00% since beginning and people believe that it will keep giving such returns down the road but that's not true. In fact, Bitcoin can even fall below $5K level and hence rational approach is needed while taking any investment decision. I am worried about this greedy craze.

I think it started to get so popular because of its decentralization and innovative technology, but now it is just a result of the word of mouth and a lot of good and bad talks about it in the media, that also contributes to its hype.

I think because it is an investment untangible but readily available for anyone to handle bitcoins. But I guess it is more than just the humble begginings of bitcoin more on the invesment sides recently. I'm wishing people would finally come to realize how much of great impact bitcoins can make for the future generation.

It's simply about the high value, that's why the people in the world become crazy. If we say that bitcoin turns into the value, as what before happening in their first day of operation, that it is something one bitcoin equivalent to one dollar, the word crazy is nothing there, but today, because of rapid increase of users and the multiple increase of investors that's why bitcoin today become valuable because of the total price value, so, the total cause of world craziness is the price value which is very high when converted into real money.

Many people become crazy in bitcoin because of the price became high and the invest grew. The profit are crazy high you can buy cars using bitcoin

Hi,

The cause of the craziness is... Well, actually I see 3 main explanations:

1- Mass media communicate more and more about it. A few years ago, bitcoin was a geeky dark tool, only used for illegal purpose. Today it is presented as still potentially dangerous but also as a potential source of income. Journalists love sensational news. So they don't talk about those buying few and getting a bit more. They talk about the sandwich bought for several bitcoin, which would be worth thousands today.

2- People have had time to try, to implement, to see... They know that bitcoin is not merely about trading. They stick to this community because they want to be part of the "next revolution". The youth generation dreams about being the future Zuckerberg. Or Musk.

3- Governments and banks are realizing cryptos may become a real alternative. And they try to prevent this. But in order to do so, they must communicate about it!

I guess these three explanations must be taken into account. The good news is that more and more people know about all that. The bad news is that many of them only come attracted by lies and deceptive promises.  

To really understand the craziness around Bitcoin we need to understand the technology itself. Anyone who has started to read about Bitcoin will have learnt about how it has the potential to replace our banks as the way in which we store and manage our money. Many see huge problems within our financial institutions as they are, and so this lends an exciting edge to Bitcoin.

In last year bitcoin is high value or price, tjats why more and more people are getting crazy about bitcoin, because they start thinking their are future in bitcoin. And bitcoin is easy to spread around the world. Bitcoin is big influence all of us to use bitcoins and learn more about bitcoin.