Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Get-Paid.com on July 30, 2024, 11:11:45 AM



Title: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Get-Paid.com on July 30, 2024, 11:11:45 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Apocollapse on July 30, 2024, 11:37:31 AM
What do you mean? Bitcoin hasn't reached $100K, $70K is nothing since the ATH was more than that.

Most people are waiting Bitcoin to reach $100K and I think it's a realistic number, unlike the last few years that people predict Bitcoin price will reach $500K in 2024-2025.

I'm still excited with Bitcoin, but $100K is still "low" IMO, the potential is really high, so I think I will not sell my coins even Bitcoin price crossed $100K.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Oshosondy on July 30, 2024, 12:23:20 PM
Bitcoin is something to be excited about and its adoption still continues. It is an asset of value and its value has reach politics which is normal.

If people vote for Trump, bitcoin will become more relevant in the world. Although without Trump, bitcoin will still be an asset of value. I still believe that bitcoin is going above $100000 before the next main bear market.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: SickDayIn on July 30, 2024, 12:37:04 PM
People are excited, because the value of the technology is getting realized.

This isn't some speculative shitcoin with no real world utility, or designed to make the owner rich. Bitcoin is for the people.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: peter0425 on July 30, 2024, 12:46:46 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
It might not be exhibiting crazy numbers right now but I am sure that soon enough, it will increase in price and everyone would get excited again. Even if it’s not always talked about, I am always hopeful of what can bitcoin reach.

It surprised us when it reached ath before halving and we don’t know how many more surprises does it have for us.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: The Sceptical Chymist on July 30, 2024, 12:51:26 PM
Bitcoin is something to be excited about and its adoption still continues. It is an asset of value and its value has reach politics which is normal.

"Adoption" means something entirely different today than it did a few years ago--people are buying it because line-always-goes-up or are using it as a day-trading instrument.  That word used to mean that merchants were accepting it as payment for goods & services, and I haven't heard much about that in a long time. 

That's not to say that bitcoin isn't a good investment asset or that I'm disappointed that most online merchants don't accept it.  I've always thought it was a lousy form of money. 

As to OP's question, I'd have to say that I'm less enthusiastic about bitcoin than I was maybe two years ago, but honestly I might be conflating bitcoin and bitcointalk.  The latter used to be almost addictive to me, but nowadays I can't even tell if AI programs are cranking out all of these insipid thread topics....but I digress.

If people vote for Trump, bitcoin will become more relevant in the world.

That's iffy.  As I've said, I wouldn't trust anything a politician says when they're in the process of running for election.  And when that person happens to be Donald Trump, well.  But if he does win, maybe those government alphabet agencies might become more bitcoin-friendly, who knows?  All I know is that this is going to be one hell of an election cycle; the country is probably going to end up being even more divided than it already is.  Again, I digress!


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Jating on July 30, 2024, 12:52:43 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


Every bull run brings excitement, no matter what, we even hadn't hit $100k or more yet, so there are still a lot of leg room for the price to grow and so we should not rest and move forward and it that time comes then it's a different feeling, just like reaching almost $20k in 2017 and then almost $70k in 2021. So for this year's bull run, a conservative estimates of 6 digits is along the ways.

And there will be no time in Bitcoin market that we are not excited about, even in bear market, because it's the right time to invest as the price is really very low and we look forward on how big our profits is in the future. And there will always be newbies in the market, so there's always this anticipation, and imagine the joy that it can bring to them when the market hits new all time high at $100k++.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: CryptoBuds on July 30, 2024, 02:23:00 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

As long as bitcoin remains volatile, it remains attractive.

You yourself answered your own question, Trump or some world leaders are just starting to pay attention to it. That means things are just getting started, there is still a lot of bitcoin's potential for us to exploit.

To be honest, I find this question a bit redundant. I don't see any reason to stop now, those who think it's no longer attractive and are no longer interested in it are the ones who have lost money or can't take advantage of it to make a profit. But for those who take the long view and look at the bigger picture, the bitcoin revolution has just begun.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: SquirrelJulietGarden on July 30, 2024, 02:42:46 PM
If people vote for Trump, bitcoin will become more relevant in the world. Although without Trump, bitcoin will still be an asset of value. I still believe that bitcoin is going above $100000 before the next main bear market.
Trump is only a person, a political who will join or not join, but be part of history of Bitcoin growth. He can choose to be on the right side or left side of Bitcoin growth history.

Bitcoin will continue to grow, next four years and more than that, with or without Trump's support. If Trump becomes a next President, and support Bitcoin has he promises, he will be recognized and recorded in Bitcoin growth and adoption history. The bottom line is Bitcoin does not need Trump as a mandatory condition to move to future.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Zlantann on July 30, 2024, 02:45:01 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin has proved that it will continue to grow. Nobody can predict how high the price will grow but there are speculations that it will get to $100k in this bull run. The next four years might also move the price to another height. The recent use of Bitcoin for political campaigns in the US has brought a new dimension to the to the industry. It shows that Bitcoin is now a major player in the global financial system. This current political acceptance might move to other countries which will promote the use of Bitcoin. However, there is a need to be cautious when dealing with politicians because they will always drive the industry towards centralization.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: m2017 on July 30, 2024, 03:33:38 PM
Crypto has changed the world
Crypto has only changed the world of stock market speculation, but has not yet even begun to make full-fledged changes in the real world.

and there's no doubt even world leaders like Donald Trump just mentioned its importance.
Crypto doesn't lose or gain importance just because some media personalities like Trump mention it.

The importance of Bitcoin is in our hearts.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
I am absolutely sure that the real excitement associated with bitcoin awaits us all ahead.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: iBaba on July 30, 2024, 03:44:34 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
It might not be exhibiting crazy numbers right now but I am sure that soon enough, it will increase in price and everyone would get excited again. Even if it’s not always talked about, I am always hopeful of what can bitcoin reach.

It surprised us when it reached ath before halving and we don’t know how many more surprises does it have for us.

I don't think bitcoin will reach its pinnacle now and I dont even see it coming anytime. I believe the invention of Bitcoin was a revolutionary idea to solve the limitations of the centralized system such as the boundaries between currencies in the international market and the dollarization of the world as well as total control of government over the financial system which people are meant to enjoy a reasonable degree of independence from it.

Such inventions are monumental and are tailored towards solving long-term financial limitations faced by individuals and people at large. A lot of people are still discovering the technologies and new initiatives are built from it. Thinking that Bitcoin will attain its pinnacle now is not something I will come into terms with as far as my knowledge is concerned.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Davidvictorson on July 30, 2024, 03:51:55 PM
If people vote for Trump, bitcoin will become more relevant in the world. Although without Trump, bitcoin will still be an asset of value. I still believe that bitcoin is going above $100000 before the next main bear market.
I will always be excited about bitcoin whether in the bull or bear market. It doesn't matter. Bitcoin changed my life and saved me. Most of my friends are bitcoiners and many other lifechanging opportunities that bitcoin has brought my way. Even if bitcoin reaches its pinnacle it will still one of the wonders of my world. Politicians will come and go but bitcoin will be here long after they made their promises and either fulfilled or didn't fulfill them. And I concur with your last statement that before the next bear market we are likely to see bitcoin go above $100000


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on July 30, 2024, 04:28:02 PM
I'll admit, I've lost the romance.

Quick story: I got into crypto trying to launch my own VPN platform and dealing with MBAs and VC's that wanted me to price gouge my users. When cost per user was ~$3/mo everyone wanted my data and for me to compete on price with $100/yr plans.

The only way to not be surrounded by these vultures in 2019-2020 was to pivot to a non-profit model, but I wanted to leverage a DAO to guarantee my users "ownership" and leverage wallets as identities to protect my users.

This sent me down the crypto rabbit hole and while I understood what BTC was back then, the lack of scalability, volatility, and no smart contracts prevented me from even considering it. After about 3 years in the ETH ecosystem I realized it's been co-opted by banks (ETH -> fragmented DeFi -> stablecoins -> banks). I also realized Proof of Stake is really just an oligarchy of validators as well and definitely not the future for a sovereign community of anons.

So I dug deeper into blockchain technology and decided PoW was the only thing that could maintain it's social contract with users. Unfortunately, I've yet to find a chain that scales, supports smart contracts, and isn't sold on the idea of L2's as a model for scaling.

The BTC community seems to be the worst. 90% of the active threads here is all about gambling (it's been >10 years, there's other use cases people) and anyone trying to have a conversation about updating this "protocol" is viciously attacked online. We love lightning network, but it's mostly custodial tx's and Phoenix is the sole provider of infrastructure for non-custodial txs making the infrastructure itself centralized.

PoW chains seem to naturally turn into a plutocracy of miners and now that big banks are buying all the BTC they'll follow their old playbook and buy the miners once the returns start to diminish.

The narrative online seems to correlate fiat gains with technical proficiency and performance, but this is just more zealotry.

My positive outlook tells me that this attention should kick the core devs in the ass again to start having some serious conversations about how BTC scales in while supporting global non-custodial txs.

The BTC conference this year seemed to have some heretics at least. Respect to Jimmy Song: https://snort.social/nevent1qqs0hn3kevh5lp5ftqzggzscymsqkdhp9e242ev5rzpjaahvaednq8czyzmuda53tnaf5chl76slqfsym6yvy0rvd3k3hrmzclxpqaylxplgzqcyqqqqqqgt5q25r

So I'm staying positive and hopeful, but I'm not holding my breath anymore. There are a number of other chains that are prioritizing distribution by choosing ASIC resistant algorithms, support sharding, subnets, and smart contracts. Some are even experimenting with a commodity backed stablecoin which will allow for proper DeFi without banks. Hype and Fiat gains are not a good measure of technical prowess.

/the end.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Nrcewker on July 30, 2024, 05:27:02 PM
I think Bitcoins have now become a part of our lives. Hence, we don’t really get excited by each and every news story about Bitcoins. The coins have become very common to most people. We check the price and accordingly invest daily. But this doesn’t mean Bitcoins have lost their charisma. They are still the greatest coin that has ever been developed and the top crypto for the majority of the masses. Yes, the thing that has changed is that we don’t treat any negative news with hype. We know the capabilities and value of the coins; hence, we ignore all the negative information.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: sunsilk on July 30, 2024, 06:34:44 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.
While that has been in the headlines and became viral, I don't think that Trump was speaking for himself by that time as if he knows a thing or two about Bitcoin. It was just part of the campaign speech made for him to be spoken.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
It's still exciting.

Every after the halving's done, the excitement is there because the cycle is getting in. But the plot twist is this, we don't really know how unique every cycles are and that's something for me to get excited at all times.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Fivestar4everMVP on July 30, 2024, 07:12:17 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Since 2016 I joined crypto up and until this very moment, I am still very excited about bitcoin, not just because of the fact that it has provided me a lot of earning opportunities, but also for the technology it as brought to the entire human race, what is even more exciting for me is the future of bitcoin which we are yet to see or witness, disregarding the fact that I feel I joined crypto late, missed several opportunities and so on, I am always excited for finding myself here at a time before now, today, many come to me to teach them how to buy or invest their money in bitcoin, which if I was a newbie, I possibly won't have such privilege.

Bitcoin has come with alot of earning opportunities for and to the common man, and those who understand this should be excited everyday, for so far as I am concerned, no invention in human history has got the power to librate man financially like bitcoin does.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mrmacintosh on July 30, 2024, 11:13:25 PM
Bitcoin uses tech that the bank should have been using a hundred years ago. But due to being tied to fiat, the bank's technology is very much behind the internet in general. I remember a time when I could not even access anything online or had to wait for transactions to go through even though I knew it was simply to check a box digitally. I'm excited for it because it will allow me and everyone else to be truly free. I want us to not only return to the time when we were on gold-standard-like living conditions, but financial independence. FDR and Nixon was a mistake on this country, including their handlers both domestic and internationally (the real villains such as the British Empire).


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Dr.Bitcoin_Strange on August 01, 2024, 02:24:23 PM
Personally, I have not seen any reason not to be excited about Bitcoin, despite the price volatility. Bitcoin is a very valuable asset, and it plays two roles for investors: a long-term and short-term investment role with the ability to yield profit. For investors with long-term vision for Bitcoin, they can buy at a low price (bear market) and sell some years later (during bull market), while traders trade Bitcoin for a short-term profit, which most expert traders are usually making profit from the short term when they are trading Bitcoin. 

The fact that Trump is now in support of Bitcoin, probably because of his ongoing election, doesn't mean that Bitcoin cannot exist or triumph. Although his support for Bitcoin is good if it's based on clear intention and integrity,.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: taufik123 on August 01, 2024, 03:16:25 PM
Reaching the top?
Even now, bitcoin has not broken the ATH that everyone wants, which is above $100k, and even if the ATH is reached, bitcoin will still reach a higher ATH.

Now some positive narratives of Bitcoin are indeed emerging, especially when Donald Trump promises to fully support bitcoin,
this will make the future of Bitcoin even better.

Remember that Bitcoin is still not fully mined and that mining is still ongoing.
There is no doubt about staying in Bitcoin, and we also won't know where Bitcoin's true peak is.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Don Pedro Dinero on August 01, 2024, 03:22:45 PM
Personally, the excitement is less today. I was younger when I discovered it, in the middle of the size wars and beating aths after a short while. Perhaps today, apart from the fact that I know bitcoin better, I know that it is not going to make me rich overnight, as it has not, but it has helped me a lot to improve my finances, my wealth, albeit slowly. And I see the future in the same way. Surely it will be adopted much more and the price will continue to grow, just as I will gradually be better and better financially and although I like that, it is not like the excitement of someone who wins the lottery or who believes in 2017 that bitcoin will radically change his life in a few years.



Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Asiska02 on August 01, 2024, 05:28:28 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

Trump has expressed his true love for bitcoin and every bitcoin enthusiasts will be glad that a personality like Trump have accepted this currency and also hailed the importance of it. Nevertheless, a politicians word can’t be taken that serious unless it’s accompanied by actions.

Quote
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

I still feel bitcoin is still in its early stage despite how far it most have come from inception. The reason been that, the enthusiasm I have for it is not fading anytime soon with all my life thinking how bitcoin will continue to rise to make a change in the financial realm of the world. Whenever I hear of the name bitcoin, I can only imagine how far what I’ve gain from knowing and utilising this form of financial independence in this age. It still creates a lot of excitement in me and doesn’t look like what will fade away now.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: coolcoinz on August 01, 2024, 06:46:06 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

I'll answer with a question.

Do you think this technology has still room for growth or is it not going to increase adoption, improve, become more popular? Will people just stop mining it because it's boring? Will they stop investing in it?
If people dropped boring investments, nobody would buy gold after hundreds of years of trading it. Nobody would buy government bonds because they're boring as fuck and barely get you a profit when you count inflation.
I'm no longer excited by bitcoin after many years in the space. It's a part of my life now.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: topbitcoin on August 01, 2024, 07:49:19 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

The adoption of blockchain technology has not been so massive, the adoption of bitcoin has not been so massive either, so this has not yet reached the peak that you might mean in the excitement with bitcoin.

So bitcoin will always give joy to its holders. that's what I believe, bitcoin also hasn't reached $100k to $1 million, it's not impossible to achieve by bitcoin in the next few years, right?
Everything that is happening now is just the beginning and we will enter a new era where the government puts bitcoin into the country's pocket for long-term investment, and you must also have seen that only a few have just started accumulating bitcoin.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: ChiBitCTy on August 01, 2024, 08:06:46 PM
This is actually a great question and one that I wish I could answer the opposite way that I'm going to.  A lof of the excitement of/for bitcoin for me, has died down a bit of late.  I found bitcoin over a decade ago now, and progress in many ways has been a lot slower than anticipated.  Sure I'm still excited about bitcoin, what it offers and where it's headed, but I don't get the same level of excitement that I use to get years back.  I just hope that certain things start to correct themselves (like transaction speeds, for ex.).


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Tmoonz on August 01, 2024, 10:27:40 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


We are just getting started and the excitement is still fresh as ever, historically Bitcoin has shown a tremendous increase in value and wider spread adoption vividly seen just as a golden fish doesn't have a hidden place Bitcoin is right open to the world to see it usefulness and glory it has brought to mankind, Bitcoin is the best digital asset and at most I usually feel bad for not getting to know or to have seen the potential that Bitcoin holds earlier before now. But however, the good news is that I now know what I  didn't know before so am still super excited about Bitcoin .


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Stepstowealth on August 01, 2024, 10:48:53 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
Bitcoin was very exciting when I was first introduced to it because the benefits were something that I had always searched for. I imagine that it will feel the same way for someone who just finds out about it or who has just been introduced to it because it is something new to them and may offer opportunities that they have been searching for. To people like us who already know about Bitcoin, we may not be excited so much about it even when we hear prominent individuals or other people talk about it.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mirakal on August 01, 2024, 10:51:10 PM
What do you mean? Bitcoin hasn't reached $100K, $70K is nothing since the ATH was more than that.

Most people are waiting Bitcoin to reach $100K and I think it's a realistic number, unlike the last few years that people predict Bitcoin price will reach $500K in 2024-2025.

I'm still excited with Bitcoin, but $100K is still "low" IMO, the potential is really high, so I think I will not sell my coins even Bitcoin price crossed $100K.
There's actually more a lot to bitcoin that we should be excited of. Not just about its price skyrocketing, but also the future global adoption that we have been waiting for, finally we can use bitcoin at its utmost advantage in our daily life's activity as a mode of payment with its highest convenience. So this means, we are still in the process of helping bitcoin achieve its goals, and this makes me excited a lot.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: el kaka22 on August 02, 2024, 04:54:32 AM
Getting attention by writing these type of topics, so that people would see your name and check your website isn't a smart move. You know very well that it's nowhere near the peak, you know very well that we are not even at half, and a million per bitcoin isn't even that weird, it could definitely happen one day, sure not soon but one day.

So, making this topic is just to make some discussions and chat, nothing more and that's fine but when it comes from an "official" username, from a website, it makes me question why that person may have done it, like use that account like a regular person would, instead of like a company account.

You could always have a personal account AND a business account at the same time, talk about these on your personal account, and could have business stuff with your business account. But no, you prefer that you would have something like this, to get attention to your website, even if that wasn't your ambition, even if you didn't mean it like that and it just happened by accident, you did it. So, I would suggest that you have yourself another account, it is not against the rules, theymos said it himself, so if you really want to, that would be better for your business.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Wexnident on August 02, 2024, 05:31:33 AM
~
Big people mentioning it is like what, only the middle really. Heck, could be lower since it could just be for attention and nothing more. It being accepted as legal tender across the entire globe would be what I would describe as the pinnacle to be at the very least.

Price-wise, most people are expecting WAY more than where we are right now. Heck at the minimum a lot of people are expecting $100k already, what more for others who expect above that. I'd reckon at some point halvings wouldn't have the same effect that it has in the past but god knows when that is.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: davis196 on August 02, 2024, 06:04:22 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


I'm both excited and realistic about the future of Bitcoin. I'm sure that there will be bull run in 2025 and there are more profits to be made, but at the same time, I realize that Bitcoin's potential isn't unlimited and Bitcoin will hit the absolute peak at some point(the peak might be followed by a steady decline). There's always the possibility of BTC being dethroned by a better cryptocurrency. The Bitcoin maximalists should never become overconfident about the future of BTC.
The overall excitement about Bitcoin isn't static. The level of excitement does up in times of bull runs and FOMO phases and it gets replaced with discouragement in times of price drops and bear markers.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Peanutswar on August 02, 2024, 06:06:39 AM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

All of us are excited until what price does the Bitcoin can reach this upcoming bull run and I've seen a lot of people discuss and created a thread that they want to make holding until the next all time high which is the same with me. Now the thing is until when you are capable to hold your assets?. As of now Bitcoin drop with the 58k and try to survive again with the 68k and we are still hoping that we break the 70k target price range now because of too much volatility people get bored with this so they get ride with the price action so they make trades just to earn profit while holding at the same time.

I guess next year the price of the Bitcoin possible will soar high until 80-100k if this happens holders wins good gains.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Ambatman on August 02, 2024, 07:43:13 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Its still relatively young so saying that we beyong is pinnacle is quite flawed
Many have heard about Bitcoin but not many know about it.
Excitement usually stems from something different or new occurring
On a personal note the Excitement I had at first while learning about Bitcoin is lower than it is now
But my excitement for its Future is very much high.

What am saying is
It might not be new to Us
Doesn't mean it ain't new to quite a sum of people in the world
Thus there's still excitement.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Iranus on August 02, 2024, 09:05:38 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


If bitcoin no longer excites us, why are politicians in the United States paying attention to it and even considering it as part of their race for the White House? With world leaders and governments starting to pay attention to bitcoin, it means it is generating more excitement than ever as governments want to get their hands on it too. So it would be foolish to think that bitcoin has reached its limit or is no longer attractive.

Even though bitcoin has been around for 15 years, but bitcoin ETFs have only been approved in the past few months, so it can be said that to the world, it is still something very new and more attractive than we think.

Not to mention, many experts predict and believe that bitcoin can reach 1 million USD, even 13 million USD per bitcoin (prediction by Michael Saylor). It can be seen that people are still very optimistic about the future of bitcoin, so it cannot be said that it is saturated and no longer attractive.

https://www.coindesk.com/markets/2024/07/26/bitcoin-to-account-for-7-of-global-wealth-be-worth-13m-in-21-years-michael-saylor/
https://www.talkimg.com/images/2024/08/02/5M6MP.png


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: LogitechMouse on August 02, 2024, 09:20:32 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Even in the past where I saw Bitcoin reaching $10,000 or $20,000 and beyond, I didn't feel any excitement about it.
Call me emotionless, but I don't see any excitement towards all of the other asset in general.

I mean what's exciting about Bitcoin? Trump promoting it? Bitcoin reaching $100,000? Probably this will be the most exciting thing that will happen soon. You will feel the excitement about Bitcoin reaching 6-digit in price for the first time - but that feeling will only last for about a minute or two and after that, it will just disappear like nothing happened. I've seen lots of events that happened with Bitcoin, but I didn't felt any excitement on those.

Maybe the excitement will rise again when the bull run officially starts, but... I don't know why I'm not excited about it. :D


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Doan9269 on August 02, 2024, 09:25:07 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

This is not about who mentioned the importance of bitcoin for us, but how we have individually understand the relevance of adopting the decentralized digital currency, if we didn't see it importance, then we may not believe in whatsoever had been said concerning bitcoin, but for the sake of those that have adopted and are making use of bitcoin for their financial investment and daily transactions in the economy, they will understand more better and wanted to continue in its acceptance because they know what they are doing and have taken their time in learning about it.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin is going to be ever relevant because of it unique values in which the people are seeing and that also constitutes the reasons why its profitable for an investment, bitcoin is not like other assets that will lose value over time, instead, its becomes more interesting to invest and make profits on it.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: arwin100 on August 02, 2024, 09:27:29 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


Every milestone reached by bitcoin is always exciting and there's no boring things in this coin since volatility makes everything challenging especially for those people trade it or those who decide to accumulate then do long term investment on it.

Also what made by those politicians, makes bitcoin became more interesting since now people speculate for something good to happen especially if those officials will be true to their word about supporting bitcoin since provably this case will give confidence to people to buy more and it can possibly help to increase its price which is beneficial to all people who have strong belief in this coin. I'm still excited on what will happen in future especially bitcoin continue gaining a good momentum.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: CageMabok on August 02, 2024, 10:48:11 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
No, Bitcoin is still something that many people are excited and happy to see except for those who are still new to Bitcoin. Since Bitcoin has not yet reached its peak now so we all might witness more new peaks in the future and I pray that I will still see more of those new peaks in the future because Bitcoin will never die and end, especially when important people like Donald Trump have spoken about the importance of crypto and Bitcoin in public. So I think everyone who is already familiar with Bitcoin must still be quite excited to mine and earn Bitcoin in the ways that they have been doing so far because Bitcoin is still a very alive asset right now.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Samlucky O on August 02, 2024, 11:49:40 AM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
I am still excited about bitcoin and bitcoin is not beyond that Pinacle where we are no longer excited about it. As a matter of fact this is still the early days of bitcoin. Though there where alot of speculation going on that by now bitcoin should have superseded the $100k range but as the case may be it is still lingering around $70k and $64k- $54k ups and downs movement, but that doesn't mean that bitcoin will remain like that forever. With time bitcoin will supersede even $500k so I'm still excited about bitcoin because greater days ahead.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: GreenPanda on August 02, 2024, 12:02:38 PM
Against all odds, a freaking Bitaxe found a solo block last week! How can anyone loose excitement about Bitcoin?  :D
https://cointelegraph.com/news/tiny-500gh-home-bitcoin-mining-device-produced-a-block-earning-over-200k-btc


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Rabata on August 02, 2024, 12:11:15 PM
I think Bitcoin has just started its journey and people will always be concerned about it because it is constantly going through its maximums. And day by day this crypto community is getting bigger. World leaders are now thinking about it. They are thinking more about how to better adopt Bitcoin. So I find no end to it. Investors' confidence in Bitcoin will grow as the days go by. This is how Bitcoin will continue to climb. The current Bitcoin price range within average people limitation. But in the future it will no longer exist. Considering the current condition of Bitcoin, if Trump wins the next election, the price of Bitcoin can be even higher than the current condition.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: summonerrk on August 02, 2024, 12:14:17 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


I remember when Bitcoin first reached 66k. And it was great, there was a general euphoria, and they talked about it on TV all the time.
Then there was a decline for several years, and now we are back on ATH.
But the news doesn't talk about it. And what difference does it make, the main thing is to get Profit from the market and accumulate a deposit. And how other people feel about it is unimportant.
The main thing is to increase the share of Bitcoin in wallets.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on August 02, 2024, 03:41:56 PM
Against all odds, a freaking Bitaxe found a solo block last week! How can anyone loose excitement about Bitcoin?  :D
https://cointelegraph.com/news/tiny-500gh-home-bitcoin-mining-device-produced-a-block-earning-over-200k-btc

This is always inspiring. I love it.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: justdimin on August 02, 2024, 05:04:33 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
I remember when Bitcoin first reached 66k. And it was great, there was a general euphoria, and they talked about it on TV all the time.
Then there was a decline for several years, and now we are back on ATH.
But the news doesn't talk about it. And what difference does it make, the main thing is to get Profit from the market and accumulate a deposit. And how other people feel about it is unimportant.
The main thing is to increase the share of Bitcoin in wallets.
The main reason is that same thing twice doesn't make a news. I mean if it reached 66k once, that's news because it happened once, but if it happens time and time again then it will become not a great situation at all and become boring. Like when Elon Musk made his rockets get back down safely back to earth for reuse, that was a huge huge news, everyone talked about it, even a second or third time was a big news, nowadays they have a totally different style ship and doing wonders and not many people care about it.

Because it used to be a new thing and never done before and was a news, but since it's been done dozens of times so it's not really a new thing to anyone anymore. Same with BTC price as well, when it reached 66k that was new, we have never been there before, but now we have been here for a while and I do not think that anyone would care when same thing happens again. You will see, if (when) the price goes to 100k+ we are going to have people talking about it like crazy. Because that would be something that happened for the first time and that's the most important part.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: $weetne$$ on August 02, 2024, 07:09:06 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance. However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin still creates excitement among the investors and there are many people still investing in Bitcoin everyday because they see potential in Bitcoin rising to new highest price. The reason people invest is because they know they are going to make profits and not losses. More political leaders are talking about Bitcoin because they can no longer ignore it as it is everywhere and soon they will have to start talking about how they are going to adopt Bitcoin into their economy or miss out and that was what Donald Trump speech was all about at the Bitcoin conference. As more political leaders are talking about Bitcoin, it is increasing its chances of becoming very successful therefore we should no be among people that will miss investing in Bitcoin because they think no more excitement


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: DeathAngel on August 02, 2024, 07:24:31 PM
It’s definitely still a time to be excited about Bitcoin. Only this year we had Bitcoin Spot ETFs approved, institutional money now has a path to buy Bitcoin. Increased adoption over the next year or so will drive the price to new highs. Inflation has & continues to run wild, it might make sense to buy the best performing asset of the last 15 years.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: AmoreJaz on August 02, 2024, 11:21:26 PM
It’s definitely still a time to be excited about Bitcoin. Only this year we had Bitcoin Spot ETFs approved, institutional money now has a path to buy Bitcoin. Increased adoption over the next year or so will drive the price to new highs. Inflation has & continues to run wild, it might make sense to buy the best performing asset of the last 15 years.

If you are a holder or a potential investor, you would still feel excited as the promise of this market is quite exciting especially if you are looking for the possible profit you may gain on this type of investment.

With the happenings surrounding this market, the chance of increasing its value in the coming months or years, is quite high. However, it depends on how you will manage your assets to get the best out of it. Also, your belief on this market will also be tested as you experience the roller coaster ride movement.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: famososMuertos on August 03, 2024, 02:47:59 AM
OP; it seems like an introspective question, it's what you think, and then you spread those feelings in your environment believing that such a thing is so, and for obvious reasons the opposite effect is latent, that is, those who are on the other side of the coin are very euphoric.... !?

No, yes, come on! because we should put emotional categories in the sense of happiness or success to bitcoin, make your send and generate a TXid, as long as that exists for many or few it will mean still excited.  : )


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: taufik123 on August 03, 2024, 08:55:14 AM
It’s definitely still a time to be excited about Bitcoin. Only this year we had Bitcoin Spot ETFs approved, institutional money now has a path to buy Bitcoin. Increased adoption over the next year or so will drive the price to new highs. Inflation has & continues to run wild, it might make sense to buy the best performing asset of the last 15 years.
Bitcoin is still quite easy at the age of 15 years, but was able to reach the highest price that shocked the whole world.

When institutional money comes in, the Bitcoin Marketcap Volume is increasing,
but of course some bad effects will occur about some price manipulation and so on.

Bitcoin has not reached its peak yet, Bitcoin is still trying to reach its peak, and it will certainly take longer.
Mining is still going on and the supply of bitcoin is also not fully circulated.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Get-Paid.com on August 05, 2024, 10:36:54 AM
OP; it seems like an introspective question, it's what you think, and then you spread those feelings in your environment believing that such a thing is so, and for obvious reasons the opposite effect is latent, that is, those who are on the other side of the coin are very euphoric.... !?

No, yes, come on! because we should put emotional categories in the sense of happiness or success to bitcoin, make your send and generate a TXid, as long as that exists for many or few it will mean still excited.  : )

Are you asking for my opinion?
Our business is not affected by the crash.

When everyone bought more BTC we bought more USDT.
We keep on buying more USDT even now.

See what happened to STX... Halving brought it to $3.35 at peak and it's now $1.25

It's about damn time Bitcoin will be back to the $45k area or even less than that. It has been a bubble for far too long.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Webetcoins on August 05, 2024, 02:49:22 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
Why isn't it? It might not be that exciting for the ones who already know about it, but even for such people, it gets exciting when the price starts moving up. If you buy Bitcoin at $30k, and you see it going toward $100k, you will see how excited you will get about it. The excitement has nothing to do with it being new or something but it depends on what it has to offer, and it still has to offer a lot to its holders and users.

I'm pretty sure that people who come to know about Bitcoin right now would have the same level of excitement that we used to have when we had first come to know about it back in the day because it would be a completely new experience for them.

So, I don't think that the excitement is over because it's old and expensive now, it's expensive but it is going to get more expensive over time, so the excitement will always be there.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Easteregg69 on August 05, 2024, 02:51:30 PM
As exited as if I had to ask the priest for a new birth certificate.

I think about trying 100 dollars on a USDT/USDC LP.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Casdinyard on August 05, 2024, 04:34:51 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Hype is temporary, consistency is what matters to me in the long run, but yeah, I do feel excited about bitcoin still every now and again. And no, I don't bitcoin's reached its peak yet price-wise. It still has long ways to go, and not even all of the coins have been mined up yet, we still have a lot to experience and I'm pretty sure it's only uphill from here, there will be hiccups along the road but that's to be expected. We've built quite the solid community and industry in here and I believe that's all we'll ever really need to further our goal and make sure bitcoin bolsters the entire cryptocurrency industry for as long as it could.

Again, hype isn't everything cause it's not gonna help you in the long run, bitcoin garnered this much love and support from everyone because before it received hype from the people, it started off as loved and supported by the day ones. That's one thing that most projects out there are trying to emulate for themselves but just couldn't, cause the current landscape of the crypto industry revolves around setting up hype before everything else which is stupid.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on August 05, 2024, 06:55:09 PM
It’s definitely still a time to be excited about Bitcoin. Only this year we had Bitcoin Spot ETFs approved, institutional money now has a path to buy Bitcoin. Increased adoption over the next year or so will drive the price to new highs. Inflation has & continues to run wild, it might make sense to buy the best performing asset of the last 15 years.
Bitcoin is still quite easy at the age of 15 years, but was able to reach the highest price that shocked the whole world.

When institutional money comes in, the Bitcoin Marketcap Volume is increasing,
but of course some bad effects will occur about some price manipulation and so on.

Bitcoin has not reached its peak yet, Bitcoin is still trying to reach its peak, and it will certainly take longer.
Mining is still going on and the supply of bitcoin is also not fully circulated.

The banks will buy the miners next.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Silberman on August 05, 2024, 11:51:42 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Do we know of any project which has surged recently that is better than bitcoin and that it can do the same job without compromising core concepts like decentralization or a limited supply? If this is not the case, I do not see why we should not be excited about bitcoin, after all, the more time it passes in which governments are still unable to take full control of it, the stronger its position becomes and more people will begin to realize how great of an investment it really is.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: taufik123 on August 06, 2024, 07:59:12 AM
The banks will buy the miners next.
Banks are still bound by regulation and that is very difficult to do.
But behind all that, they may buy secretly, but don't expect the bank to buy directly.

There are more institutions that are starting to buy bitcoin outright, and they have been doing so for a long time.
See how Balckrock, MicroStrategy, Grayscale are gradually investing in a lot of cryptos especially Bitcoin as well,
they are big companies and are also driving crypto adoption.

When retail investors start to fade, then institutions take the opportunity to buy more and this will make prices even better.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on August 06, 2024, 06:51:18 PM
The banks will buy the miners next.
Banks are still bound by regulation and that is very difficult to do.
But behind all that, they may buy secretly, but don't expect the bank to buy directly.

There are more institutions that are starting to buy bitcoin outright, and they have been doing so for a long time.
See how Balckrock, MicroStrategy, Grayscale are gradually investing in a lot of cryptos especially Bitcoin as well,
they are big companies and are also driving crypto adoption.

When retail investors start to fade, then institutions take the opportunity to buy more and this will make prices even better.

I think BTC has lost the narrative.

When did we stop caring about a global p2p economy and prioritized anything that make our fiat bags fat?


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Questat on August 06, 2024, 09:59:24 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin has still a long road ahead so our excitement today is nothing compared to the future excitements that bitcoin awaits for us. Bitcoin hasn't reached its pinnacle yet, we are still working on it. That goes to say that the most exciting part has not yet unveiled, and if we chose to stay and won't leave the forum, we will get there soon with high patience and confidence.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: uneng on August 06, 2024, 10:17:20 PM
Well, Bitcoin is still pricing 56,000$, after recovering 4,51% of its price today. So why shouldn't enthusiasts be still excited about it? I understand we had a dramatic and traumatic crash the day before yesterday, a real blood bath, but we are still inside the 50,000$'s, which isn't a far price range from where we were before the dump. Before letting the excitement die, let's hope Bitcoin continues on the price range it is. This market has already been much more volatile in previous cycles.

Just make sure to not invest money you can't afford to lose. That is the golden rule of risky and volatile investments. We never know how long the market is going to take to react, so take essential precautions. At same time, it doesn't mean you shouldn't expect anything from Bitcoin anymore. A battle is lost, but not the entire war... Focus on the next battles and on which results they can bring.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Churchillvv on August 06, 2024, 10:24:39 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin has still a long road ahead so our excitement today is nothing compared to the future excitements that bitcoin awaits for us. Bitcoin hasn't reached its pinnacle yet, we are still working on it. That goes to say that the most exciting part has not yet unveiled, and if we chose to stay and won't leave the forum, we will get there soon with high patience and confidence.
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Mpamaegbu on August 06, 2024, 10:53:39 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.
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.

Quote
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: tottong on August 07, 2024, 04:07:23 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

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.

Quote
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Sticky Bomb on August 07, 2024, 05:42:48 AM
If people vote for Trump, bitcoin will become more relevant in the world. Although without Trump, bitcoin will still be an asset of value. I still believe that bitcoin is going above $100000 before the next main bear market.
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: fuguebtc on August 08, 2024, 02:27:37 PM
If people vote for Trump, bitcoin will become more relevant in the world. Although without Trump, bitcoin will still be an asset of value. I still believe that bitcoin is going above $100000 before the next main bear market.
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.

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.talkimg.com/images/2024/08/08/5LJn9.png
https://www.coindesk.com/opinion/2024/06/13/bidens-proposed-nonsensical-30-tax-would-kill-bitcoin-mining-in-the-us/


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Promocodeudo on August 08, 2024, 03:01:29 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance. However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin still creates excitement among the investors and there are many people still investing in Bitcoin everyday because they see potential in Bitcoin rising to new highest price. The reason people invest is because they know they are going to make profits and not losses. More political leaders are talking about Bitcoin because they can no longer ignore it as it is everywhere and soon they will have to start talking about how they are going to adopt Bitcoin into their economy or miss out and that was what Donald Trump speech was all about at the Bitcoin conference. As more political leaders are talking about Bitcoin, it is increasing its chances of becoming very successful therefore we should no be among people that will miss investing in Bitcoin because they think no more excitement

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on August 08, 2024, 04:20:15 PM


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.talkimg.com/images/2024/08/08/5LJn9.png
https://www.coindesk.com/opinion/2024/06/13/bidens-proposed-nonsensical-30-tax-would-kill-bitcoin-mining-in-the-us/

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: aylabadia05 on August 08, 2024, 07:14:35 PM
<snip>
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 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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Antotena on August 08, 2024, 08:47:03 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Maslate on August 08, 2024, 09:32:13 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Yaunfitda on August 09, 2024, 02:21:05 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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.
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: summonerrk on August 09, 2024, 11:54:26 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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.
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.

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: fuguebtc on August 09, 2024, 12:32:07 PM


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/

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.

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Blitzboy on August 09, 2024, 12:32:58 PM
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: MainIbem on August 09, 2024, 12:44:14 PM
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.

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: naira on August 09, 2024, 01:10:33 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
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.
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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Woodie on August 09, 2024, 01:31:16 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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  :P


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Uruhara on August 09, 2024, 01:38:49 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: 2Pizza410000BTC on August 09, 2024, 02:02:13 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Peanutswar on August 09, 2024, 03:11:19 PM
However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?
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.
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.

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.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Marykeller on August 09, 2024, 03:59:33 PM
Knowing that your future assets in Bitcoin are secured without third-party involvement or government control gives excitement already that your future wealth is secured that not need to be scared on that; you can travel with your Bitcoin to any part of the world, and nobody will ever know your financial worth. Is that not what to be excited about? I believe it is


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: ndutndut on August 09, 2024, 06:35:02 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin will always be fun and not boring even when it goes down or up, especially since bitcoin has affected my finances so far, bitcoin has changed my mindset about investing as one way to achieve financial freedom.

What makes us excited about bitcoin is because bitcoin has a cycle, and you also need to know that bitcoin has not finished mining so bitcoin has not reached its peak. In the last few months, bitcoin has indeed passed its peak, but I don't think it is the real peak in this cycle. The peak of this cycle is predicted by many that we will pass $ 100k, so I think the excitement will always be there. Moreover, we just went through a bad market in the last few days, bitcoin fell almost %20 and some stocks crashed but bitcoin quickly recovered this proves that there is no reason not to be excited about bitcoin right now.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: GbitG on August 09, 2024, 10:08:00 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin has changed the world and proven itself to be one of the most iconic assets of investment. Bitcoin are still continue to growth. No one can say that Bitcoin will reach zero price and not grow further. Everyone is only speculating and can't say for sure that this will actually happen. Bitcoin has changed the world with its unique ideology, but everyone says that there is no asset like Bitcoin for investment. And all these trends are attracted by the price and value gain of Bitcoin. An example of which is in front of us is that political buddies are also so impressed by Bitcion that they like to accept their campaign donations in Bitcoin. However, today Bitcoin has gone up to 73k. If it goes up to 100k, 200k in the next few years, surely the whole world will emphasize adopting it. 
 
So it's meant to say that Bitcoin doesn't need anyone, that if big people like Donald J Trump adopt Bitcoin, Bitcion will rise and if they don't, then it won't rise. So those who think like this should treat their intellect accordingly. Bitcoin does not need a big president or politician.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: thecodebear on August 10, 2024, 03:20:55 AM
Reached its pinnacle? We're literally still decades away from Bitcoin reaching mature adoption and starting to get used widely for payments. OP since you are asking that question I think the problem is that we are so far from the pinnacle you can't even see it and assume it isn't there. Bitcoin is still very early in its adoption. While sure its cool and exciting that we get to be the generation that got in early on Bitcoin and we get to make a ton of money with it, it's the next generation or two of adopters that will actually start to use it at its pinnacle (a global currency).


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: mpoletiek on August 12, 2024, 02:31:30 PM
The one thing that's a bit disappointing, but understandable as human nature, is Bitcoin Core's drama.

When I think about massively adopted open source projects (Linux, Apache, ect) there's a lot of stories to recall that are full of drama, but in the end the important projects continue to evolve. The software is updated, maintainers rotate in, and features demanded by users are developed and released. Projects that fail to do this die and are replaced by better teams and better software that continue to see adoption. A great example is OpenSSL when a critical vulnerability forced engineers from all over the world to make a concerted effort to resolve the issues and facilitate better governance going forward.

There's always a feature or two that cause a debate over the purpose and scope of a project, but if a feature is truly needed it's developed and when it's developed outside the core project the developers are supportive and collaborative in the work and one project promotes the other within the community.

Considering all of this, when I read on the history of Bitcoin Core, the culture feels toxic. When you tell people that the goal is to create a state-less money and then insult individuals who try to enable this use-case by improving TPS while maintaining fundamental innovations (non-custodial ownership) you can expect them to leave and create their own implementation. When adoption continues on alternative chains and additional innovations discovered (smart contracts) that further the goals of BTC (global p2p economy without middlemen) you'd expect bitcoiners to celebrate and work to implement something similar, but this hasn't been the case. Instead, we see the community double down on their toxic rhetoric.

I fear we're seeing poor human nature rear it's head and guide BTC, enabling continued religious zeal around a rhetoric that prevents continued innovation and change. This nature is fed by fiat gains in the original project which is novel among open source projects. When your original release isn't continuing to pay dividends it's a lot easier to keep an open mind about innovation and progress.

The development and adoption of Lightning Network reminds me more of critical proprietary software that's seen mass adoption, but fails to receive continued support. The community or corporation that picks up the ball is forced to bolt on an overly complex solution in order to remain relevant in a space where the user's expectation has evolved.

Just a thought.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: glendall on August 12, 2024, 03:25:38 PM
I'm still enthusiastic about collecting BTC because I want to feel big profits from my BTC holdings, who knows how long my BTC can be intact like the whales who have tens or even thousands of BTC


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Finestream on August 12, 2024, 09:45:27 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Despite of the current price fluctuations happening in bitcoin, I still feel the excitement every now and then knowing that one day my investment will suddenly boom and skyrocket and make me instantly rich. You know this is really possible if you hold your investment indefinitely and only sell your coins when it reaches something a life changing amount. And for that to happen, you need a lot of patience and a lot of funds as well so you can continuously increase the amount of bitcoin in your portfolio.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: lixer on August 13, 2024, 11:12:50 AM
Bitcoin will always be fun and not boring even when it goes down or up, especially since bitcoin has affected my finances so far, bitcoin has changed my mindset about investing as one way to achieve financial freedom.

What makes us excited about bitcoin is because bitcoin has a cycle, and you also need to know that bitcoin has not finished mining so bitcoin has not reached its peak. In the last few months, bitcoin has indeed passed its peak, but I don't think it is the real peak in this cycle. The peak of this cycle is predicted by many that we will pass $ 100k, so I think the excitement will always be there. Moreover, we just went through a bad market in the last few days, bitcoin fell almost %20 and some stocks crashed but bitcoin quickly recovered this proves that there is no reason not to be excited about bitcoin right now.
The fact that makes Bitcoin everyone's favorite when it comes to investments is that it recovers its price even if there is a drop. A 20% drop isn't small when an asset loses this much value, its investors will start to panic, newbie investors of Bitcoin panic as well, some will even sell their coins at a loss when they see such a drop because they think it's going to drop further and they don't want to lose more money, so they go ahead and sell their assets without getting any profits.

However, those who understand Bitcoin and the market would understand that things will normalize very soon and there is no need to panic, so they stay calm. Those who have more money would usually invest more at times of drops or corrections because they know it's only going to benefit them.

So I agree that the excitement wouldn't end as long as the price of Bitcoin is volatile because the volatility keeps it entertaining and exciting for those who understand it well.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: shield132 on August 13, 2024, 11:54:02 AM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin ETFs just got accepted and everything is still on the way. We haven't heard news like Amazon accepting Bitcoin payments, eBay accepting Bitcoin payments, Walmart accepting Bitcoin payments and etc... Bitcoin won't rise as it rose years ago because market cap is already huge and 1 coin worth 60K USD but there is still a room and current state is far from pinnacle.
One candidate of the presidential election stated that if he wins, the United States will buy 500 Bitcoin every day and save some of its reserves in Bitcoin instead of gold. Definitely, that person won't win because he is neither Trump nor Harris but something crazy like this can happen. I personally think that Bitcoin ETFs are just the beginning.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Oilacris on August 13, 2024, 04:04:00 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

Bitcoin ETFs just got accepted and everything is still on the way. We haven't heard news like Amazon accepting Bitcoin payments, eBay accepting Bitcoin payments, Walmart accepting Bitcoin payments and etc... Bitcoin won't rise as it rose years ago because market cap is already huge and 1 coin worth 60K USD but there is still a room and current state is far from pinnacle.
One candidate of the presidential election stated that if he wins, the United States will buy 500 Bitcoin every day and save some of its reserves in Bitcoin instead of gold. Definitely, that person won't win because he is neither Trump nor Harris but something crazy like this can happen. I personally think that Bitcoin ETFs are just the beginning.
Actually im not really that much excited about ETF's and other institutional kind of things on which diving into this crypto space. As we can see on which they are really that trying to hoard as much as possible Bitcoin that they would really be having on their stashes on which they cant be able to control Bitcoin then they have considered on accumulating it instead. We cant really be able to deny about the possible effect of institutional funds that would really flow into this market space. It is really just that i cant really be able to avoid not to think that the more that they would be accumulating
then they do have the more power that they could really be able to make that manipulation on this market on which we've seen those samples. We are seeing every now and then about
sentiments or news involving those shit institutions/banks/known billionaires and certain countries government.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Negotiation on August 13, 2024, 04:34:50 PM
It's natural to be excited about bitcoin because it won't take long for the demand to peak and skyrocket as demand for bitcoin is a good currency for investment. Bitcoin's supply and decentralized nature contribute to its price volatility. But it is very important to approach such situations with caution. Extreme price movements often bring increased market volatility and higher risk. It is imperative for investors to focus on long term growth potential rather than short term speculative gains.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Cryptmuster on August 13, 2024, 05:35:56 PM

The fact that makes Bitcoin everyone's favorite when it comes to investments is that it recovers its price even if there is a drop. A 20% drop isn't small when an asset loses this much value, its investors will start to panic, newbie investors of Bitcoin panic as well, some will even sell their coins at a loss when they see such a drop because they think it's going to drop further and they don't want to lose more money, so they go ahead and sell their assets without getting any profits.

However, those who understand Bitcoin and the market would understand that things will normalize very soon and there is no need to panic, so they stay calm. Those who have more money would usually invest more at times of drops or corrections because they know it's only going to benefit them.

So I agree that the excitement wouldn't end as long as the price of Bitcoin is volatile because the volatility keeps it entertaining and exciting for those who understand it well.

Bitcoin hasn't changed the world, but it's definitely been talk about differently, and is now taken much more seriously than it was a few years ago. Trump is just speculating on this to get the votes of Bitcoin loyalists, but I'm not sure he'll maintain his enthusiasm for Bitcoin if he wins the election.

Bitcoin has a long way to go, it still has to go through the most important phase of the cycle, this was the bullrun, so I think its reaching the last ATH is just the beginning, perhaps this became possible only thanks to the approval of the Bitcoin ETF, otherwise it would have been impossible before the halving. I think that Bitcoin will start to grow in the fall, perhaps closer to the US elections, you need to follow the news, when there is a lot of positive news, then everything should start.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Richbased on August 13, 2024, 06:11:07 PM

The fact that makes Bitcoin everyone's favorite when it comes to investments is that it recovers its price even if there is a drop. A 20% drop isn't small when an asset loses this much value, its investors will start to panic, newbie investors of Bitcoin panic as well, some will even sell their coins at a loss when they see such a drop because they think it's going to drop further and they don't want to lose more money, so they go ahead and sell their assets without getting any profits.

However, those who understand Bitcoin and the market would understand that things will normalize very soon and there is no need to panic, so they stay calm. Those who have more money would usually invest more at times of drops or corrections because they know it's only going to benefit them.

So I agree that the excitement wouldn't end as long as the price of Bitcoin is volatile because the volatility keeps it entertaining and exciting for those who understand it well.

Bitcoin hasn't changed the world, but it's definitely been talk about differently, and is now taken much more seriously than it was a few years ago. Trump is just speculating on this to get the votes of Bitcoin loyalists, but I'm not sure he'll maintain his enthusiasm for Bitcoin if he wins the election.

It's no longer news that most politicians uses the area of interest of the masses to make campaign promises but we need to be optimistic that with or without political influence Bitcoin is still gonna gain more recognition and popularity in the upcoming years therefore our excitement about Bitcoin shouldn't know any bound because we are gearing towards an era of financial freedom.

Bitcoin has a long way to go, it still has to go through the most important phase of the cycle, this was the bullrun, so I think its reaching the last ATH is just the beginning, perhaps this became possible only thanks to the approval of the Bitcoin ETF, otherwise it would have been impossible before the halving. I think that Bitcoin will start to grow in the fall, perhaps closer to the US elections, you need to follow the news, when there is a lot of positive news, then everything should start.

Does it mean if it wasn't for the approval of spot Bitcoin ETF by the United States SEC that Bitcoin wouldn't have gotten a new ATH before the halving event? I mean Bitcoin was literally growing rapidly before Spot Bitcoin ETFs were approved so I believe it would have still reached a new ATH before the halving, remember that after the spot Bitcoin ETFs were approved that it didn't have much effect on the price, it was after sometime that the price started skyrocketing and was able to get a new ATH of $73k.

Your idea of staying glued to the news is a nice one because the news that will come up before or after the United States elections will surely have impact in the price of Bitcoin. Therefore we ought to be watchful of the outcome.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Franctoshi on August 13, 2024, 08:20:33 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?

In as much as Bitcoin continues to solve the problems in which it were created for, the excitement in the use of bitcoin to me continues and none stopping because it has become obvious how great that Bitcoin has performed when inflation is increasing drastically, and we have various economies of suffered and tanked due to rising inflation and high cost of living as the purchasing power of their fiat currency declines, Bitcoin has done the opposite and has continued increasing in value, so whomever that has invested into Bitcoin is smiling to the bank right now, as Bitcoin has played a significant role as a hedge against inflation.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Cookdata on August 13, 2024, 08:27:12 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


Another Donald Trump thread. Seems I was late for the party but I remember Donald Trump saying good stuffs about Elon Musk Tesla yesterday on his X space created for discussion and after listening to the record for 10 minutes after some fast forward, then I knew it's the usual political jingoism with beans water content, just a way to get to the office. I thought this campaigns strategy happen here in my country, never knew it happen over there in the west.

Bitcoin was here before Trump ever dream to be the US president and he will be here even after his another years in office, that is if he win and defeat Biden group from whitehouse and after this altercations, we will stay away from political influence of Bitcoin to another level of adoption.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Get-Paid.com on August 20, 2024, 01:35:53 PM
It’s not as wild as the early days, but it’s still pretty exciting.

Likewise, and "pretty exciting" here is more like ... "another currency".


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Tmoonz on August 20, 2024, 09:24:18 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


As for me the excitement about Bitcoin just began since there is possibilities of Bitcoin doing more exploration now and in the time coming, what we should do is to have as much as Bitcoin we can in order to become a full beneficiary of the true potentials that Bitcoin holds, in as much historical event doesn't give guarantee of the the future, Bitcoin has done very well historically and it is still doing well hence it has given us so much guides as regards to what will become of it in the future thou there is no 100 percent guarantee, but yeah the excitement still continues as we watch Bitcoin perform to it's best.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: red4slash on August 20, 2024, 09:37:14 PM
As long as there is a supply of bitcoin, we must know that ultimately bitcoin is still not at its peak and we are still in the process of finding it.  I personally feel that for now im still in great enough enthusiasm to go through the progress and process in bitcoin because my belief is still the same where bitcoin will continue to grow before it is truly said to be at its peak .

In addition saying about the peak problem I think this is still too complex because after all when talking about the peak of bitcoin all have their own perspective on this whether it is based on peak prices or goals so that for bitcoin at the peak it is certainly not yet but when some people are satisfied to be in bitcoin then it is clear that that is their peak even though I am not included in it .



Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: Gladitorcomeback on August 21, 2024, 07:24:12 AM
It's natural to be excited about bitcoin because it won't take long for the demand to peak and skyrocket as demand for bitcoin is a good currency for investment. Bitcoin's supply and decentralized nature contribute to its price volatility. But it is very important to approach such situations with caution. Extreme price movements often bring increased market volatility and higher risk. It is imperative for investors to focus on long term growth potential rather than short term speculative gains.

Whether it's short-term or long-term, the fact that its price stays volatile makes it exciting because you enjoy it when you see the price going up, and if you are knowledgeable, you would know it's normal when the price starts going down because what goes up has to come down as well. So in my opinion, as long as Bitcoin's price stays volatile, it is going to be exciting for its investors because earning money is always an exciting thing.

Those who say it's not as exciting as it used to be, I agree with them because the growth level keeps decreasing over time since the value keeps going higher. For a coin to have a 200% gain when it's priced at $10, it only needs to go up $20, but for the same thing to happen for a coin valued at $60k, it's going to take a very large inflow of money to make that happen.

So even if it's not as volatile as it used to be in the past, it's still volatile and volatility means profit, and profit means excitement.


Title: Re: Are you still excited about Bitcoin or has it reached its pinnacle?
Post by: serjent05 on August 21, 2024, 07:34:07 AM
Reached its pinnacle? We're literally still decades away from Bitcoin reaching mature adoption and starting to get used widely for payments. OP since you are asking that question I think the problem is that we are so far from the pinnacle you can't even see it and assume it isn't there. Bitcoin is still very early in its adoption. While sure its cool and exciting that we get to be the generation that got in early on Bitcoin and we get to make a ton of money with it, it's the next generation or two of adopters that will actually start to use it at its pinnacle (a global currency).

I also believe that Bitcoin has still not reached its pinnacle but there are also some stuff that reached its pinnacle even before it was adopted or known worldwide. We cannot deny the possibility of Bitcoin not gaining the target adoption yet it gains its pinnacle.  So I believe we should be open for that possibility.

But for the current situation, I do not think Bitcoin has reached its limit. Many in global governments are still actively monitoring and discussing how they can set up regulations on Bitcoin.  Investors are still hyped about the potential profit that lies within the high volatility of the Bitcoin market and there are still many companies, group of communities and individual that are still interested on the Bitcoin technology and the financial features Bitcoin has.  So I think it is still early to say or think that Bitcoin has reached it pinnacle.  Remember aside from financial influence and the current features of Bitcoin, Bitcoin is still developing which might bring more people to use it.