What Happened To Bitcoin?

[SmartGold01]

"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.

Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.

Whom to be blame themselves or the creator of bitcoin?
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.

[0t3p0t]

"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.

Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.

I agree. I think one of the reason why people are only watching the price momentum because of the fact that we treat Bitcoin as the best investment rather than using it as payment method. The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system dwhich is for me not an option anymore due to some reasons like high fees.

[Peter90]

The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system which is for me not an option anymore due to some reasons like high fees.

Thanks 0t
so, high fees, that of course prevents any coin to be used as a currency.
I read of layer2 networks, where BTC can be transacted quickly and at low fees.

[Peter90]

Crypto people rejoicing about the arrest of Roger Ver

Roger Ver has been arrested


These dudes are clearly completely ignorant about the case,
they simply side with authorities and mainstream media because it's convenient.

[LUCKMCFLY]

"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.

Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.

Whom to be blame themselves or the creator of bitcoin?
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.

Most people who get into bitcoin do it because they want to see and feel the profit, that is why they make large investments in bitcoin because they know that at Any time they cannot make a lot of money with it, it is presumed that it can reach more than $200k and that It is a very good incentive, just having 1 sol or bitcoin is enough , now those who have more than 10BTC, that is something that not everyone has the privilege, that is why it is so valued , perhaps because of the speculative market, not bad that many of them are looking for money, to have more money, you can't blame them and thank them because the value of bitcoin decreases, no, Some are still enthusiasts, others enemies of bitcoin, but in the real world, everything is money.

[Gladitorcomeback]

We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.

No doubt about that, people need to do their research before they get involved in Bitcoin or any other cryptocurrency in general if they have never heard of them before or don't know what they are, how they work, where they are stored, etc. There is nothing wrong with a person saying that they will first need to understand them before they decide whether they want to get involved or not.

To be honest, I don't think that a person wise enough to understand basic things and realize actual potential wouldn't stay away once they do enough research about Bitcoin and other cryptocurrencies, especially after they check its price history because it's insane.

[Faisal2202]

That's because the hype of BTC was too much that one day or another, it has to be adopted by governments, and will be legalized. So when that happens or happening now, the government wants to control it, they want to control it because that's how they can control people. But to control BTC they have to manipulate people's minds and provide them with more and more centralized platforms so that they can take over the funds of people anytime.

To keep yourself anonymous and save your funds from CEXs, new platforms are coming, for example, obfuscating platforms (mixers) DEXs, and other DeFi wallets, open source, and decentralized ones. But still, governments are targeting these platforms in the name of providing security to the people and to some extent they are at right because some bad actors are taking bad advantage of this technology. Besides BTC did not lose its purpose, mainly not because of the people after 2017, it's because of the people before 2017. Like they are holding hundreds of BTC why? Why did they not used them for p2p or other buying and selling purposes. They are the one who set's a base in the minds of upcoming peoples. CMIIW.

[vegasus]

Whom to be blame themselves or the creator of bitcoin?
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.

When it comes to the losses they experienced, if people blame Bitcoin's creators, then that is quite stupid. But it's true, there are still people who think about this. Yes, once again, once a hater will be hated whatever the conditions. then I will always hate the existing situation. But basically, we understand that if someone who is new to crypto immediately starts investing in Bitcoin without sufficient understanding first, and has very little patience, and doesn't want to learn and understand it first, then this will actually be a deeper misconception. Again. because their benchmark is investing and taking profits. but does not consider the process aspects of the investment.