Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.
I think we will very easily agree that we have already moved quite far from the time when Satoshi and Hal paved the way for Bitcoin and that for years (especially after 2017) we have been moving in a direction that takes us away from what Bitcoin should have been. I think that people are generally not ready, or maybe it's better to say that they don't want anything like Bitcoin, because most of them are heavily influenced by their governments and politicians and listen to them in practically everything.Yeah, as Satoshi laid out: BTC can be anything that is useful to the world in the future, the potential of BTC is not just limited to a means of payment or the ability to transfer money across borders. BTC can be used for Inscription or something more interesting, so I believe that every decision of the community is the best thing for the future of BTC, including the decision to keep the block size the same in 2017.
Therefore, it is logical that Bitcoin went in the only possible direction in which it could survive - because if the majority did not want to use it as a currency, and at the same time there was no interest from the big players, I wonder if we would be here today discussing Bitcoin.
Given that I have been with Bitcoin for almost 10 years, I think that, like many others, I remember that time with a bit of nostalgia - because people were with Bitcoin not only because of the price, which was incomparably lower then than today - but because they felt some kind of freedom in in the sense that they can be their own bank.
The public deliberately encourages the government to provide support for cryptocurrency, but you must know that the government will not make decisions without considering the risks that might occur. The government is aware that the unstable movement of up and down cryptocurrency prices is very dangerous for its citizens.
gone are the days when the silent revolution supposedly grow after KYC and then it becomes the normal already where its now suppress. in fact more people are siding governments because of the thinking that we need the government for the adoption of crypto.
there is truth to it though but still BTC can stand on its own without the government but then the community becomes more divided when there were forks done.
~snip~
BTC is for everyone, which means that large organizations can also participate in the BTC ecosystem: buying or selling BTC, accumulating BTC, manipulating the BTC price. They can do whatever they want, just like I can transfer my BTC without asking for permission from BlackRock or the US government. That is the decentralized and neutral nature of BTC, and while we respect it, we must also accept the participation and impact of bigboys in the market.
So, I feel confident in saying that the adoption of BTC as everyday money - 15 years after its launch - is basically zero.
Where I live, if my only money were BTC I'd starve.
Or have a very limited, exotic diet :D
As an investment, BTC has been a success story.
As a currency, a failure.
Imo BTC has failed as currency because of its volatility.
Think of a business - a dentist, barber, taxi driver, shoe seller - having on average a 3-5% profit out of each transaction.
Accepting BTC he could lose - given BTC volatility - all of that within 1 day.
Nobody likes to work for nothing.
Why take the risk.
Why accept BTC and then be forced to convert it as quick as possible in a stable currency.
"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.
Whom to be blame themselves or the creator of bitcoin?"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."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.
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.
Whom to be blame themselves or the creator of bitcoin?"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.
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.
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.
Whom to be blame themselves or the creator of bitcoin?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.
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.
It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.Whom to be blame themselves or the creator of bitcoin?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.
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.
So at all cost would always want to venture into bitcoin investment, but the success of their investment depends on their level of information they have through the period of their investment. There are people who doesn't go information and just jump into market since he knew that people are going into bitcoin investment, even though he decided to go for long time investment but without knowing the right things could fall out of fate. So, any person(s) who is wanting to invest would should go for knowledge to have it sufficiently enough to manage their holdings.It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.Whom to be blame themselves or the creator of bitcoin?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.
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.
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.
It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.
This year bitcoin once again brings good jump for all investors so I guess what is happening in bitcoin is just a resting for what better coming in the next months or at least a year.Usually when you want to make a price decrease there will be a pump again and after that it will enter a bearish period, for now I see the graph that has happened, there is no pump happening again, it will probably happen in the middle of this year or maybe it could happen at the end of the year This.
so I know that I can wait a little more before feeling frustrated at least.
So there is no article that will change my mind about what I need to deal in the future.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThis year bitcoin once again brings good jump for all investors so I guess what is happening in bitcoin is just a resting for what better coming in the next months or at least a year.Usually when you want to make a price decrease there will be a pump again and after that it will enter a bearish period, for now I see the graph that has happened, there is no pump happening again, it will probably happen in the middle of this year or maybe it could happen at the end of the year This.
so I know that I can wait a little more before feeling frustrated at least.
So there is no article that will change my mind about what I need to deal in the future.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThat's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
Personally, I prefer pairing my assets with BTC on Bitget's smart portfolio to accumulate more BTC whenever the paired assets pump against it, because of it enduring value.
I actually do all of my transactions in bitcoin and never buy or sell any, as I don't have the means to do so. So it's out of necessity, really. It is quite limiting but that was the way it was intended to be used.My country is starting to ban P2P as well. But my exchange still supports it. And you are right. That was the way it was intended to be used, and using it that way seems to affect fiat currency a lot. Maybe that is one of the reasons why my country has decided to start going against P2P.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThat's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
That's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.