Topic: Are you still excited about Bitcoin or has it reached its pinnacle? - page 2. (Read 1078 times)

Im one of the holder since the market price drops from 20k and sitting again with the previous all time high which is 60k price and lets admit that for sure next year or even this coming year before the year ends one of the most awaiting part in crypto is the bitcoin pumps which we see another new peak of the price, this could be a good thing for the people who do a long term hold and seems a regret to those who haven't make an investment during the price of the bitcoin is low, not actually in low but they didn't grab the chance every market dip.

Bitcoin will create more excitement as the days go by. At one time people didn't know much about Bitcoin but as day updates people started to know more and more about Bitcoin and Bitcoin is spreading more and more excitement. We got very excited to see Bitcoin hit a high of $69k in 2021, but from there the price kept falling and people got more excited. Come 2024, we saw a new record high for Bitcoin again, which got people even more excited. Bitcoin will generate more excitement in 2025 when 2024 ends, and between 2026 and 2030. But as the day goes by Bitcoin will be more developed and people will be more satisfied with Bitcoin.

I am actually in a phase that makes me more enthusiastic about continuing to store more bitcoins. I think currently there are still many who haven't gotten into bitcoin. And when everyone has gotten into bitcoin then that's probably when we'll be at our peak. Nowadays everyone is excited to get into crypto. because they are all starting to realize the importance of crypto and bitcoin. And Trump is among those excited people. And I think last season a lot of older stock investors didn't want to look at Bitcoin. but this time I saw that stock players were starting to research and collect bitcoin as their investment. Things got even more excited after big companies like Blackrock also got into bitcoin. And I think this is just the beginning and we will see more hype.

I think I have gone past the excitement of knowing and owning BTC...it's like receiving a new iPhone in the mail and the first one month or so the excitement and bragging rights are there and after that it's just like any other phone with its basic functions which is the same experience with Bitcoin.

Though when I get to meet other crypto enthusiasts, sometimes the excitement does comeback maybe because of seeing fellow Bitcoiners and knowing most exist behind a computer screen 

Even for me personally when Bitcoin is in a bear market phase, it is still a joy in itself where I can buy more as a discount that will not be found again in the future. Basically, the joy of bitcoin is not only about the rise and fall of prices but the joy lies in the initial revolution of the creation of bitcoin which changed the paradigm of finance, freedom, ownership rights and bitcoin also has taught how important the values ​​of privacy are.

I get your point but talking about buying pizza with Bitcoin, I think it's even more easier and better currently cause someone with 1btc or holding below that amount could afford to buy as much pizza's as they want, compared to the times when someone spent about 10k bitcoins to buy pizza you could see the difference. However why people are currently making those moves than spending is because they now see Bitcoin as an asset that's very beneficial for a long-term so accumulating more for future purposes is much more advisable and better. Well based on the OP's topic, i think Bitcoin overtime has given investors a benefit of doubt, that's something to be excited about and we're yet to see more of it's benefits, my honest advice to investors especially the new ones, is to stay calm, wait for buying opportunities and accumulate more.

Its not just about buying coffee anymore. From a digital wallet curiosity, it is now a major participant in the investing scene. Think back to the times we were thrilled to pay for pizza with Bitcoin. That was adorable, but Bitcoin's evolved now.

Today, its more about holding it, seeing its value, making calculated moves than about spending it. Indeed, the thrills have changed. Though its no new kid on the block anymore, everyone is still watching it.

So is Bitcoin still fascinating? Absolutely. These days, its simply a different sort of thrill. The excitement of the game, the possibility for large gains, the strategic market. Though it is only performing a different function, Bitcoin is still leading front stage in our financial future. And believe me, if not more so, this is a role that is as fascinating.

Did I miss something? Can you tell me what changes Biden or the Democrats have made in how they treat crypto?
I know this is old news and it didn't pass, but if given a second chance, I think Biden would keep repeating this proposal because he doesn't like bitcoin at all and doesn't want to be friendly with it. I also constantly follow news related to elections and cryptocurrencies, I have not seen any change from the democratic party to cryptocurrencies, so far. They kept quiet and decided they wanted nothing to do with cryptocurrency in this presidential election. It seems they do not need the support of the crypto community and will continue their repressive policies if they once again take charge of the white house.

Those who at the price of 49k, now shouted that Bitcoin in the blood has never seen a real fall. I remember very well when the price of Bitcoin fell from 66k, when it was the first all-time high. My deposit decreased 8 times, and it was a real fall. And now it does not even look like a correction. Although I am sure that earlier, before the adoption of the ETF, Bitcoin would most likely have begun to correct, but now I have a feeling that it has changed.

Everyone does to be honest, we have been in this games and have seen the ups and downs of the price. And we all know how many times anti-Bitcoin tries to kill it. But it didn't as it is so resilient and so with the investors as well. And even if we have seen bitcoin halvings in the past and the present, we are still very much exciting to see what it can bring in the future in terms of the price. And just like in this bull run, we are talking about 6 digits. And with that investors are thrilled and pumped as what is going to happen in the future for us. And the name of the game is to keep accumulating, specially in the last couple of weeks where we see the price dip to <$50k.

The fact that I am still patiently investing in bitcoin despite of its current price drop, that only means that I am still looking forward for my bitcoin investment to prosper in the future. Bitcoin will always be exciting seeing how volatile it is, and as long as I'm still seeing huge opportunities for bitcoin in every price correction, I wouldn't stop bitcoin accumulation, not because it excites me, but also because there is something in bitcoin that other investments don't have, so I would always want to keep my bitcoin investment moving.

Do you really think Bitcoin change Donald Trump or he is trying to used Bitcoin for cheap scores. From my own perspective, he is using Bitcoin to feel important because it's a threat to the current government but to be honest with you, the US government put one thing first and that is their dollars. They might some room of importance to some things but you see their dollars, they will trade wars to stablize that currency, even Trump that is fighting his way to the whitehouse, his intention are clear but we give too much room for fooling.

I get joy when Bitcoin is making run and altcoins follow but it doesn't move me when it's now more politics. I can't wait for the US election to be over by November so we can comfirm if we are coming back to Bitcoin and the government fight or the government will finally allow Bitcoin to coexist with the US economy as promised by one running presidential campaign leader.

I agree that fear and doubt are dream killers, but I understand why some people have them. The average investor doesn't want to lose their money in a hostile market, so it's natural for some of them to panic and sell at low prices. Someone with experience certainly won't throw it away, but instead they accumulate large amounts and they actually get returns after the market recovers.

It didn't take long for the market to recover and the price almost reached $60k. The fun is there for those who know how price volatility brings them returns, so taking advantage of it is the best thing to do.

This article is a bit dated now considering how fast things are moving in the democratic party. That being said, no good reason to trust them.

Yes of course excitement is always their when an investment keep creating opportunities to make more people to be millionaires in the future, definitely people will always want to invest in Bitcoin because of many reasons, the world in general is facing economic crisis, the citizens that understands the benefit of Bitcoin are taking advantage of it to multiply and give their wealth value in the long run, during the temporal dump that lasted for a week, we saw Bitcoin dip to 49k and I believe many investors that understood what that meant seazed the opportunity to buy as much as the can and presently Bitcoin is recovering from the said dip, if those investors that bought at the afformentioned price decide to act as short-term investors and sell a little of their profit, I believe the excitement such will create for them will be much, it is a pity to see people being skeptical about what they don't really know, fear and doubt are dream killers, if anyone want to grow financially, he or she must let go of fear, doubt and procratination.

People should understand that anytime well known and influencial politicians are talking about any monetary system or investment, it should be an eye opener to them that there may likely be an ursirge of such investment in time coming, although bitcoin Bitcoin has already made so much progress considering when it was invented, any individual or institution that's ignoring Bitcoin investment at this time is doing that to their own detriment.

I don't completely trust what Trump said either, but are you satisfied with the way the Biden administration is treating us? They are considered anti-bitcoin for promulgating many regulations that are not friendly to bitcoin. If I remember correctly, Biden even proposed a 30% tax on bitcoin mining but fortunately, it was not passed by Congress. Do you want to continue to be treated like that?
People voted for Trump not because they believed he would deliver on his promises but because neither the current administration nor Harris deserved continued support for what they did.


https://www.coindesk.com/opinion/2024/06/13/bidens-proposed-nonsensical-30-tax-would-kill-bitcoin-mining-in-the-us/

Politicians are strategists, they would employee any at and craft that would engineer their entry into office, afterwards reveal their intents. I'm still not convinced trump is for Bitcoin.
I can be wrong if course, but politicians are the least people tho be trusted.

Their desperation to assume political offices lures them to seeking many allies which they mostly abandon when they've achieved their dreams.

It is related to the results it provides and this focus is due to the quality of bitcoin that has an impact on the industry.
When world leaders and some countries start talking positively about the journey of crypto and bitcoin as a whole then the impact on its journey will be even better.

There is always a benefit that we can take but the question is where can we get that benefit from.
If today we say that bitcoin has become too expensive to invest in then how can we possibly get the benefits from that investment.
There is always a recurring peak in the journey of bitcoin itself because even though a correction occurs we will always see a gradual recovery that will occur.
So make enough purchases by relying on the capital we have, then hold the bitcoin until it reaches its next highest value.

Yeah, crypto has surely changed the world view on finance and has compassed that too. This paradigm shift has brought so many positive vibes with it to the point that anyone who wants to stay woke now or remain relevant talks about it. That's what Trump is doing as a smart dude.

The excitement is unparalleled, especially at a time like this with the ambiance of an incoming bull circle getting to its peak next year. From all indications, the proper excitement hasn't even been ignited. I think we will get to that heightened excitement phase when Bitcoin spikes to $100k+. That will surely get jaws dropping to the point of onboarding fresh users and fans in the crypto space. For me, I became excited in this circle late last year and it will remain that way with me till the first quarters of 2025.

A true bitcoiner words. Patience is the only thing you can do for now because bitcoin is definitely not reaching it's pinnacle now, we still have a long we to go. Undermining the fact that we just faced a heavy crash, some of us where already aware of how heavy the crash could get and maximised the opportunity so if you are a true bitcoin you would definitely be buying more and better on a high patience level just as you said.

Bitcoin only seeks for your patience and it turns your time and patience into real time profit.