We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.
BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?
Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.
I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.
As a rule of thumb, slow, stable growth is always better to sudden quick changes.
No one needs to care about Bitcoin. Bitcoin isn't a cult. Everything has problems. They eventually get fixed. Bitcoins problems will definitely get fixed because there are too many big investors driving Bitcoin to let it fail.
People from China or India are just using it to hide money. Great that means they've learned how to use it and they're using it. Their understanding of how Bitcoin works will never go away.
Day traders, forex traders and speculators of all kinds are just using Bitcoin for profit. They don't care about Bitcoin at all. Great that means they've learned how to use it and they're using it. Their understanding of how Bitcoin works will never go away.
No one needs to fall in love with the things you like about Bitcoin. They'll benefit from that whether they like it or not. We just need people to use bitcoin, not pray to it.