Topic: The journey of Bitcoin. (Read 756 times)

the problem is that those who initially entered investing here were also not a few disappointed, they turned away and thought bitcoin investment was a money game, I have often encountered things like this with those who thought that the way to develop wealth quickly was by investing in bitcoin, but after they make an investment and then lose their asset only to be disappointed by the loss. I agree with you.

It is true that Bitcoin has gained a lot of attention and investment for more than a decade now and it is likely more people will continue to invest in it in the future. Bitcoin has a very big potential in the market in the future. If we invest at lower cost it is possible for us to gain more in the future when we hold it for a long period of time. It is important to remember that investing in Bitcoin carries a lot of risks, always study and do your own research before investing in any kind of investment.

I see different moods, there are even those who are selling everything now, because they sure that the price of bitcoin will still fall very much. But this is too high a risk, since you can be left without bitcoin, or buy it later but at a higher price than you sold it now. I am also hopeful that bitcoin price will break 100k in this bull run, so I am still buying. But it is also not clear how soon we will go to the new ATH, the bear market may be this time more protracted than it was before.

Bitcoin deflationary nature makes it go up with time, but for it's highly volatile its volatility can influence its rates harder than what makes it grow up. So you can never be sure that it will go to ATH again and again. One day when the volatility will go down we'll see some more or less stable purchasing power of bitcoin which will slowly increase, but until then it can go down as easily, and bear trend can long for years. No one knows in advance. We can only hope.

If you think about it from a financial instrument perspective it is relatively new AND undervalued.  The more people look into crypto the higher the market will go.  Weirdly enough if you have bitcoin or have just recently gotten into bitcoin you are still in on the ground floor.  Once bitcoin goes into the 6 digits usd its not coming back.  All the people I know who have crypto are still trying to grow their stack.  Add that with the untapped market who have yet to dive in and you have yourself one hell of a bull run.

It is good to introduce Bitcoin to others and you introducing Bitcoin your friend doesn't make you a good investor. For the record, the level of your experience with Bitcoin and good investment decision is what makes you a good investor while introducing Bitcoin to your friend make you a good enthusiast.
I hope you have understood the difference.

I don't really know about the figures but certainly a lot of people have gone into bitcoin and more people are ready to join. The increment is much in number. I keep asking myself why this mass increase and i found out that
1> It is very profitable for those who are willing to learn.
2> Highly secured for those who have done their own research etc.
Indeed bitcoin has not only come to stay but also help boost the economy and provide more jobs to every society that bitcoin is legalized in the country for example - EL Salvador.

Don't ever think that investors will immediately put their money haphazardly in an investment before doing research first. Because it's certain that almost all investors will see investment places and products clearly before they put their money in an investment, so even though it looks important, I don't think it's necessary to be reminded all the time except for those who are just learning to invest in their lives. After all, now the investment field is very diverse, from investing in real assets to investing in cryptocurrency assets.

The popularity of Bitcoin today is indeed increasing and everyone who knows about Bitcoin they definitely want to invest in it, and those who don't know about Bitcoin I think are people who really don't follow about the news that is spreading today because every day there must be interesting news about Bitcoin so few people don't know about Bitcoin, And Bitcoin's journey is currently very far and the price will definitely get higher later, so use this opportunity as best you can if you want to become a successful person later.

The price volatility should no longer be a problem since we know the price will always increase in the future so we should be investing when the price is low so we don't have to be afraid of the price dropping to below our buy price. Bitcoin has a pattern and we should study that pattern so we don't get afraid of something that we shouldn't be scared of .

Bitcoin journey has been progressive considering how much backlash it got from the government and the banking sector. People didn't believe Bitcoin would still be around by this time, they thought it would die a long time ago but it didn't and it has been growing and doing just fine.

Caution should be exercised before giving advice on any type of financial investment. The amount of investment in Bitcoin has increased over time and continues to increase. It is our duty to convey this message of Bitcoin to those who are very close to us especially friends or relatives. But there is no need for motivation to invest.  Big businessmen of the world have now decided to invest in Bitcoin institutionally. As a result, the number of investors is gradually increasing. But I think you should give them an idea of Bitcoin just for no one can blame you. I have already given my close friends and relatives a basic understanding of Bitcoin.  Many people were encouraged to invest in Bitcoin but I showed them the risk factors. Despite knowing those risk factors, several people have already invested in Bitcoin.

We can understand that people want their problems to be solved and when they see some good new tool like bitcoin they hope it can do everything. Of course bitcoin is an important alternative to a modern finance and it already impacting on the world economy, but right you are, it can't solve the unemployment problem just by itself. It can help with it if to organise right projects, but economy is much wider than bitcoin now and ever can become. We should not rely on bitcoin only, we should work for a better future every way we see possible.

I agree when people are trying to propagate and teach about bitcoin because of its beauty. It is not just an investment, but it can be used as a means of payment, currency, a safer place to store assets than traditional banks…But I wonder, how bitcoin can help eliminate unemployment? I don't think that's what bitcoin is supposed to do, and it can't do it either. In order not to be unemployed, you need to have knowledge of a field and need to look for a job. In this case, Bitcoin is an investment, you cannot expect the investment to make you rich without working.

I did not know it was 190 million, but I am sure that we are going to break over 1 billion eventually. What we need to remember is that time passes as well, time is our ally, which means that people who are 70+ years old may not invest into bitcoin ever again, they may die without ever having bitcoin. However, kids who are 5-10 years old now, could grow up and have a job one day and invest into bitcoin one day, which will take time but that means a whole generation is growing up that could end up buying bitcoin.

So this number will only increase, we will have a lot more people investing into bitcoin. There are generations who are 10-12 years old, even as old as technically 15 years old (bitcoin first paper in 2008, published in 2009) which may start investing, so people who were born AFTER satoshi published his paper, may end up buying soon, if they start working high school level jobs. That is an important thing.

You don't need to introduce Bitcoin to people before you can become a good investors, because be a good cryptocurrency investors show that you have achieved so much money from cryptocurrency and it hard for you to experience failure in your cryptocurrency investment. Introducing Bitcoin to other people who don't know Bitcoin is a good idea, that will help people to grow financially in their various societies for them to believe that Bitcoin is real. Well, we will continue spreading the information about Bitcoin until Bitcoin is dominating all over the world to help countries to eliminate unemployment.

When the Bitcoin journey first started, not many people knew about Bitcoin. However, the virtual world is constantly advancing all over the world and Bitcoin has gained immense popularity in the present era. Currently most of the people are associated with this bitcoin which countries accept bitcoin and what transactions are completed with bitcoin. However, according to experts, Bitcoin is currently used by at least 300 million people in the world and may increase even more. It is not known exactly how many of these numbers are active Bitcoin users.

People who are related to this crypto world are very interested in Bitcoin investment. I have friends who are knowledgeable about Bitcoin and have invested in Bitcoin. I am also involved in investing in bitcoins I also have a fraction of bitcoins. I have introduced many friends to this bitcoin and they are currently working on this forum regularly. As a result of such popularity of Bitcoin, the number of investors is also increasing and everyone believes in Bitcoin.

Since I am related to Bitcoin it is very important to teach Bitcoin to my friends who do not know about Bitcoin till now. First of all you need to introduce them to Bitcoin and of course to understand them about Bitcoin you need to have an idea of Bitcoin Forums yourself. Next, they need to understand how this virtual currency works and how much improvement there is in their lives by using this Bitcoin. Educate them about all these and attract them to bitcoin forums only then bitcoin forums will become more popular.

From your data have you also considered the total supply of bitcoin if actually it suits your statistic?
I do agree with what you saying but it should be any data you are giving out should come with a fact or trusted statistic because I believe that here is an open place where student's and many content creators sources their data to includes in their contents. As a number one bitcoin forum where almost all bitcoin discussion are being held they believe whatever information that is being dished out from here are all correct.
We believe in bitcoin and has came to stay but lets works on the information we release over time to this forum.

The fact that Bitcoin has been around for more than ten years and that its price is still rising strongly in spite of the criticism she has received for being a poor financial tool indicates that it is here to stay and is not going anywhere. As bitcoin continues to exist, more and more people become involved with it, increasing the number of people who have invested in it.

In ten years, we anticipate that bitcoin will have grown in popularity, gone through two halving seasons, and maybe reached a price of $200k or more. Am just hopeful for the best of it by then.

I have introduced bitcoin several times to my friends and close relatives, some have responded and some have not responded because on average people don't really like bitcoin because of the fud circulating on social media, they believe more in legality than they are, but they are not aware of it on the web 3 later bitcoin will become one of the most useful assets in the future later I will also explain that owning bitcoin is not just an investment asset but rather a medium of exchange in the future

Bitcoin has spread like the water in the ocean is to introduce bitcoin to a family, friends or anybody, show the prove to them too, if you don't show some better prove of bitcoin investment, maybe they will not interested in it. If we want to spread bitcoin let tell us tell people what bitcoin and proves that will make them know bitcoin more dipper, and there are some people who are in bitcoin investment that are not in this forum, and they still some that hearing bitcoin in their ears but they don't know it and their are some they hear and know bitcoin but they don't know how to invest, some people don't even know, not even hear about bitcoin. So people who hear and know about bitcoin we teach them how to invest, and for the people who don't know and not heard about it we give them proper knowledge about bitcoin.