Topic: Has Bitcoin attained the maturity stage or is too early to conclude so? (Read 282 times)

I believe those people who predict that Bitcoin can reach many thousands in the future. I do not know what is "mature cryptocurrency", but BTC has a lot of time to grow and to become even better than now.

due to binance withdrawal locked market is pumping so by next month we may expect little bit dump in the market This is nt a bull market yet still market should have support for price movement

I agree that it is too early to talk about running bulls. Now most likely the market has what one buyer and he drags the price. And in order to be able to say that bitcoin has returned, it is necessary that many bulls support this movement.

Cryptocurrency has been gradually maturing since its birth. The innovation has developed increasingly steady and reliable, the user-interface, ATMs, hardware wallets make the tech available to non-techsavvy, and the network keeps on growing alongside the user base and market liquidity. In any case, worldwide adoption stays under 1%. So i can say that cryptocurrency is a long way to be called matured.

I think bitcoin is still growing and day in and day out more people are getting to know about bitcoin but it's too early to call for the maturity of bitcoin right now.  Let's give ourselves the next 5 years because some of us are still still finding away way through the crypto industry

We are in a bullish trend, so no matter what the news is, investors are now going to invest on it, whether we witnessed the Binance hacked or Bitfinex Tether drama.


I wouldn't say getting matured but more of being smarter or intelligence. The market is still based on speculation, but if everyone sentiment is bullish, it will be hard pressed to stop this trend.

I remember that towards the end of 2017 when Bitcoin had its biggest momentum in its history so far, there were also bad news ignored by the market and the same thing is happening right now. Does it mean that Bitcoin is already matured? I am not really sure of that because frankly speaking Bitcoin's volatility also means that it can be reacting in unpredictable ways than one. In terms of technology, Bitcoin is a continuing evolution as it is not actually perfect and there are more challenges ahead of itself. Maybe the market is right now looking with a different eye: if a negative news will not be directly affecting Bitcoin then it will not have a direct effect on its price plus there is no question that Bitcoin has been hibernating for too long it is time to awaken and make some roar.

I think the news is just that, news, the impact that is seen in the market will not be something significant, I say from a point as a market speculator, if there is no fundamental news, do not panic.

The problem of Bitfinex with Tether, the problem of Binance with its theft, is just theirs, the market does not move just for that, the market is handled by many people, by Market Makers, Strong Hands or the calls Whales, if you have in account that the market always movements are often not treated by having more features or the best technology, you can understand that moves by the Law of Supply-Demand, and that is demonstrable since the 1800s when they operated speculators of the size by Jesse Livermore and Richard Wyckoff.

The news can be strategies of the Market Makers themselves, and they can be negative so that they look for the way to cause panic, and make the weak hands release their bitcoin and altcoins as soon as possible, thinking that they will go down a lot of price, and thus manage to accumulate much more, knowing that we are in a phase of accumulation.

You just have to know how to be patient, wait for the important movements of the market, no matter what happens to those areas, you just have to study the market from a different perspective to how average people normally see it.

Negative news are having less impact in crypto currency market. It's a signal bitcoin is reaching to its maturity level. Binance was hacked and some days later bitcoin was already hitting 6000 dollars;
In other times I think it would have a serious negative impact, causing weeks or months of speculation and consecutive bad news. Bitcoin is reaching its maturity level, maybe because the investors are more experient and mature than before.

The market is still not matured despite the fact that there was on strong negative reaction to the events of the past few days. It did react to the tether issue a little before things got back to normal.The market is still easily being manipulated

I think bitcoin already mature, a lot of people also already understand about bitcoin, the panic selling is not often happening anymore, people nowadays already know where to find a good source of information and not falling into fud news anymore, and with all the good news, people tend to aim for long-term when they see the negative news

I think bitcoin has matured over time or at least it is not as affected as before, for example: when they postponed the etf or hacked an exchange, the market overreacted. And recently they hacked many bitcoins in binance and even so the price remained

maturity means when bitcoin was already regulated. At this moment there is still no clear vision on bitcoin and almost investors and believers are only using it.

Regulation on bitcoin is a must to provide clear do's and dont's  when using bitcoin. Global adoptation of bitcoin is still too far as this will only happen if government

from different countries will have a deal with each other regarding uses of cryptocurrency. This will be a long discussion if this happen.

Too early. How many retailers accept it? How many ATMs are there that most people can get to with a short drive? If BTC goes back to 20k in the next few months, I think it would actually be a bad thing. Maybe get to 10k and hold it and see adoption increase would be better.

It is not about the maturity that the market is not reacting to the current negative news, sometimes it is hard to understand the general sentiments but the current threshold is simply because more traditional financial institutions are showing interest in the platform and planning to conduct business in the crypto market and even in the recent negative news there was a wall street based financial institute planning to conduct business with the bitcoin market for their clients, it is one such example and there are many such examples and so is the reason the market is holding up even in this negative sentiment.

I agree with this. We can't conclude that the market is well matured but it's resistance to different controversies is an indication that it's ready enough to face bigger events such as the bull run. The fact that the price is increasing despite the latest Binance hacking issue is just a sign that Bitcoin is in the process of maturity which we could take as an advantage.

Well said. Its all about the organic growth of BTC which is much better than the insane P&D cycles from a long period of time which were completely inorganic in nature. Investors need to be happy that BTC has not exploded in value since 2017 and is growing in a slow and steady manner with the volatility lowering with time.

I agree with you, and it's a good thing that the price is now more resistant to bad events. Perhaps, we won't see the kind of bull run we saw before. But maybe a similar drop will not occur as well. It is better to see a mature growing community, that slowly helps Bitcoin to move forward, than Bull and Bear cycles. I think that now it's safe to say something has changed for better, but it doesn't mean the price will recover fast.

Too early to say matured, but I guess the right wording is that the market currently is too stoked about keeping that upward momentum that negative news and bad press doesn't stop it. Well, for one we have moved on with China's antics that it's no longer a big deal, and with hacks and negative reports for the recent months, we have seemed to shrug it off easily and continue on in our pace. Perhaps in a few more years, when the market is really diverse and spread out, such news will no longer be a detriment to price pushes and just something to keep things 'natural' for the whole ecosystem.

It seems to me that bitcoin is now in general, and the period of its inception and not maturity.  He has not yet fully revealed and has not shown what he is capable of.  As for me, he still has to go.