What we were dreaming, now is the reality!

[ImHash]

I remember a few years ago, not so long ago but 3, 4 years ago, When we used to dream and talk about mass adoption, institute investments, big sharks, and companies coming for the take just to bring us the opportunity to benefit from the Bitcoin, I'm talking about us, the small ones, little ones, us the community behind the Bitcoin, believing in it and supporting it with whatever we've got. What we were dreaming is now the reality.

We used to dream about prices above $20k, but now look at the price, it's way more above $30k, of course, we have had our ups and downs, our peace and war, agreements and disagreements, but now we stand victor, years of disbelief, understatement, hate speeches, haters, etc.

Holders of yesterday now are the winners, this is the fruit of their patience now, do not stop believing in Bitcoin, fight as you have fought before, go on and keep going, if you feel it's time to get out, then cash out and go home, if you still believe in the system, then keep holding and wait for the big turn ahead, because the ride has just started, and there is a long road ahead of us.

I would like to congratulate everyone who believed and stood by Bitcoin, hope to see more and big changes for us all in the years to come.
many of us never thought about the price to rise this much, of course, we used to speculate and dream about it, but now that we are in this moment, it just feels unreal, happy to be a part of this community, cheers everyone!

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[Wysi]

True, not long ago when everyone were selling bitcoin under panic due to bear market and threats from the government authorities there were few who stood against all the odds and didn't give up on Bitcoin, indeed this is a rewards for trusting bitcoin which they have reaped today but when we speak about dreams and discussion lole mass adoption, institutional investment, it still create concern in my mind because the more institutional investment gets into bitcoin the more power they achieve to manipulate the price.

[blockman]

Congratulations to you. We're all winners who have held for a long time and just as we're thinking of it for the past few years. What's funny to see today are the media taking bitcoin's price move bringing feat to the small investors again.
They've never changed just like when bitcoin crossed to $40k-$42k then it had a nosedive to $30k-$32k, that's the definition of them as a crash. Yet the pricing is still high.

[arwin100]

True, not long ago when everyone were selling bitcoin under panic due to bear market and threats from the government authorities there were few who stood against all the odds and didn't give up on Bitcoin, indeed this is a rewards for trusting bitcoin which they have reaped today but when we speak about dreams and discussion lole mass adoption, institutional investment, it still create concern in my mind because the more institutional investment gets into bitcoin the more power they achieve to manipulate the price.

Imagine how negative the mindset of people when bitcoin reached at $3k+ level and many truly believe that it will die at that point since that dump is so deep but look what happen now the price sky high so much which creates more earners and it's good to see people celebrating due to the earnings they get right now.

Also it shows that there's nothing to doubt with bitcoins since even if huge dump came massive pump follows.

[Twinkledoe]

True, not long ago when everyone were selling bitcoin under panic due to bear market and threats from the government authorities there were few who stood against all the odds and didn't give up on Bitcoin, indeed this is a rewards for trusting bitcoin which they have reaped today but when we speak about dreams and discussion lole mass adoption, institutional investment, it still create concern in my mind because the more institutional investment gets into bitcoin the more power they achieve to manipulate the price.

Imagine how negative the mindset of people when bitcoin reached at $3k+ level and many truly believe that it will die at that point since that dump is so deep but look what happen now the price sky high so much which creates more earners and it's good to see people celebrating due to the earnings they get right now.

Also it shows that there's nothing to doubt with bitcoins since even if huge dump came massive pump follows.

For those people who bought at about $3k level, and hold this long, this is their huge reward. Getting about 11x of their initial funds is such a huge blessing. Truly, patience is needed in this market. If you believe in bitcoin long time ago, you are now reaping your rewards big time. That is, if you want to sell in the current market, but if you decide to hold more, that's fine also.

[sayaya17]

Bitcoin is indeed well known as an asset with high volatility, even can said to be extreme. When it goes up, the price will skyrocket, on the contrary when it goes down it will fall very deeply.
On Monday, bitcoin had dropped in price by over 20%, erasing a $42k gain this year. And for those who sell, can’t get a cheap price anymore. Bitcoin has been one asset of speculation whose prices are constantly rising and profitable for those who dare to hold it until now.

[cryptopediabd]

I would like to congratulate everyone who believed and stood by Bitcoin, hope to see more and big changes for us all in the years to come.
many of us never thought about the price to rise this much, of course, we used to speculate and dream about it, but now that we are in this moment, it just feels unreal, happy to be a part of this community, cheers everyone!

Actually i probably witnesses many talking about bitcoin power. Because it's a first cryptocurrency that's why everyone support bitcoin as well. I was hearing hardship since btc price was 900$. It's now 40x obviously. Obviously bitcoin will be always volatile assets. Buy the dip when negative occur, sell like a king.

[pixie85]

You are bringing back discussions from maybe 4 years ago but there are far better threads on this forum.

6 years ago people thought it was the end of Bitcoin and we'd never see 1000 USD again after that Gox fuckup. You could see people calling others bagholders because they did not sell at 1000 dollars.
Time flies. I'm sure we'll see many similar situations in the next 5 years. It's hard to imagine but there will be people complaining about not buying at 50 thousand when it was still cheap

[Ryker1]

Well the reason is there are too many institutions or big people in industries that believe in bitcoin and now they are also accumulating bitcoin. I want to congratulate people who were not able to convert their bitcoin to fiat during crisis time and that was the time when there is a pandemic. People at that time were in a financial problem status and for sure some of them converted their bitcoin to fiat and now they will perhaps regret to see that bitcoin was pumped up doubled than we expected. Indeed, congratulation on everyone who gained a profit by the bullish time.

[Kemarit]

I guess though it's inevitable, it is bound to happen and it just speed up when the Covid-19 infection spread (I'm not saying that we have to thank that, because it's not when millions are dying). But with government printing money and QE, retail and institutions will have to look for ways to hedge their wealth and Bitcoin is the answer.

That's why we have seen it's tremendous growth at the end of the year, breaking all time high after all time high in record numbers.

[CryptopreneurBrainboss]

We used to dream about prices above $20k, but now look at the price, it's way more above $30k, of course, we have had our ups and downs, our peace and war, agreements and disagreements, but now we stand victor, years of disbelief, understatement, hate speeches, haters, etc.

Most believer always had that faith that the price will be trading above $20k at some point. The signs where just everywhere, the demand was continuously increasing while supply was decreasing as a result of more investors buying bitcoin off the exchange and storing in their cold wallet. Also the halving mechanisms was superb for decreasing the circulation of bitcoin in the market.

Everything was pre set-up. Bitcoin was the perfect investment for the future, it has it all what a promising investment should have. We're still very early as there are more opportunity for growths in the future. The institutional investors are coming in steadily but this isn't their best, there's more incoming and the best thing to do now is get in solid position by buying bitcoin (that's if you don't have have any yet) and for those that already have, they should increase their portfolios holding.

Steadily the industry will dominate the financial industry, we're yet to see the government adopting the technology. When that happens then we can fully say our dreams hads been fulfilled as I believe that's what most enthusiast are waiting on although it shouldn't be so.

[Lorence.xD]

True, not long ago when everyone were selling bitcoin under panic due to bear market and threats from the government authorities there were few who stood against all the odds and didn't give up on Bitcoin, indeed this is a rewards for trusting bitcoin which they have reaped today but when we speak about dreams and discussion lole mass adoption, institutional investment, it still create concern in my mind because the more institutional investment gets into bitcoin the more power they achieve to manipulate the price.

The FUDs did work their magic on making people panic somehow but we still stood by and now here we are at the top. When the time that the bear comes back, FUDs will start pouring and we will still do the same as we did back then. Good thing about FUDs is that they keep bitcoin being a relevant topic which could catch an eye for someone that might want to invest and get their lives changed. We do not have to be a sycophant about what is happening though, the market is not perfect so we should know when to separate reality from the hype, no sense being in a bitcoin circlejerk.

[pooya87]

True but to be fair we are still very far from mass adoption and the real dream about bitcoin was never about some arbitrary price target to be reached but for it to be used all around the world as a "peer to peer electronic cash system". When you see people still call bitcoin an "asset" (even in this topic), a store of value, gold 2.0,... you know that the dream is far away from becoming a reality still.
Interestingly enough part of it is because of the price rise since when price keeps going up people view bitcoin as more of an investment rather than a currency.

[irixo10]

That is true, years ago, a lot of people doubted Bitcoin, its potentials and what it stands to offer in the future, many even got fed up that they sold their Bitcoins for peanuts, some gave up because the anticipated price or ATH was not forthcoming and some also got fed up because the anticipated mass adoption was not forthcoming, but in the space of a year everything changed even in a time where every country is battling with their economy due to Covid-19. It was last year that many platforms, adopted Bitcoin, it was also last year that a big attention was channelled on Bitcoin by institutional investors thus seeing the price growing as massive as any one could imagine. Because of the potential and value achieved, many people who lost or misplaced their private keys started looking for it, this is to show how valuable Bitcoin really is and will be in the future.
Also, the lesson to learn from Bitcoin thus far is that, the future of Bitcoin is very bright and that although there will be many ups and downs, although there will be many challenges but let it be known that, Bitcoin has come to stay with us and of course will keep enriching those who believes in it.

[verita1]

Last year it made me reflect a lot about Bitcoin, never before had I been so attentive day by day to what was happening around it.
The pandemic has been the most shocking event in my life but as time went by I was able to allay my fears by watching the behavior of bitcoin.

We have received important news around it which shows that it is marking a before and after in our economy. Resulting in the technological advances that will transform the digital economy by using blockchains, bitcoin, crypto and new digital assets.

[Kittygalore]

True but to be fair we are still very far from mass adoption and the real dream about bitcoin was never about some arbitrary price target to be reached but for it to be used all around the world as a "peer to peer electronic cash system". When you see people still call bitcoin an "asset" (even in this topic), a store of value, gold 2.0,... you know that the dream is far away from becoming a reality still.
Interestingly enough part of it is because of the price rise since when price keeps going up people view bitcoin as more of an investment rather than a currency.

Mass adoption is the biggest problem that we need to tackle because bitcoin has a limited supply and there a lot of coins that are lost in the cyberspace or in dumpsters. My dream is for gold to become the most recommended asset than any other investments out there, with this one, it is more likely that we can reach this goal rather than pushing for the former(mass adoption).

[kryptqnick]

We have institutional investments and high price as well as people who profited from this immensely, but I don't think we have mass adoption of Bitcoin as money. It's still a dream, and we didn't move significantly in that direction since 2017 from what I see. People barely mention Bitcoin as something to buy stuff with these days, and even when businesses "adopt" Bitcoin, it turns out they're transferring funds to BTC instead of letting people pay for goods and services with it. And I find it deeply disturbing that even though Bitcoin is clearly gaining more trust and popularity, it's a very unpopular thought nowadays.

[reliable]

Bitcoin journey has been such an amazing one with lots of ups and  down but in all bitcoin has helped us to learn the lesson of patience and endurance. And the price of bitcoin has witness several positive changes with more and more adoption.

The ones who survived are the ones who knew it will be worth a lot in future and if possible, should continue to hold it irrespective of falls in between it has come through. It is a roller coaster rise always with bitcoin so those who feared would have sold it and unless they had bought back again, they are just witnessing as an audience these new heights. This high of touching 40k might be a big change it can bring in 2021 as those who were still out might now jump in to buy and become part of it too.

[talozhed]

I now regret not getting rid of my bitcoins in time. Unfortunately, I made the wrong decision a couple of years ago

[PhoenixZephyrus]

Still, a lot of the so called "experts" believe that bitcoin is in a bubble, and are too stubborn to change their beliefs and accept how the world is progressing. No doubt, bitcoin, or atleast a form of cryptocurrency is probably one of the currencies that will drive the future, but even though we are excited, we do have to accept the flaws. High transaction fees and long block confirmation times play a major role in hindering widespread bitcoin adoption in day-to-day usage. Also, the volatility of the market does tend to discourage consumers from using it. Some new technologies and updates like SegWit and the Lightning Network are working to get these issues ironed out, but each has their own pros and cons.

That being said, its no denying that as the adoption of bitcoin increases, its market cap will too, and its been a great thing for long time HODLers who sold in the recent ATH/planning to do so in the future. I unfortunately used a lot of it up lol, so thats a shame, but I guess we do learn from our mistakes eh?