Bitcoin before and now

[crypto-monopoly]

We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

Now bitcoin has really earned its attention. With people's confidence in the future down after the pandemic, bitcoin has become a good asset for hedging risk and investing for the long term.

[famososMuertos]

...///....

I do not think that what is happening has to be limited in such a short time since 2017 and even less so that certain investments put bitcoin where it is both in price and as an asset with great investment potential that can be transformed into fiat currency.

Until now the real adoption that must occur is lagging behind, which are common users, traditional investments were going to occur, they will always have the capital to do so at any price or at any time.

[Red Pie]

maybe this year will be a turning point for cryptocurrencies.  Because of the things you mentioned, the interest in cryptocurrencies has increased.This interest continues even when the pandemic ends.  bitcoin was on the rise in 2021.I hope it gets higher.

[elisabetheva]

We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

it may be true that the surge in bitcoin last year was almost the same as in 2017-2018, but there is something that distinguishes it is bitcoin has not corrected continues to decline this year, hopefully it will not happen and it will continue to increase.

The external role in bitcoin is indeed very thick since last year and it was unavoidable, since @elonmusk bought bitcoin which resulted in a sharp increase and added to other factors.

I hope what you say can come true because positive things happen because it could be that blockchain will be an alternative for further developments to be used, we are waiting for that because of course this is a good thing.

[Sled]

The surge that we experience has nothing to do with these institutions being interested in blockchain at all. Most of them are interested that bitcoin holds in the future that is why more and more investors and companies/corporations are trying to get a hold of their own bitcoins. That is why it is getting more and more popular and in demand.

More and more adoption will happen and we need to peel our eyes open and be patient waiting for that time. Adoption and global transactions happening every single day, I don't know if the blockchain is ready for that though.

As we are expecting this to happen. Imagining for how long that Bitcoin is on the market, for more than a decade but somehow, we are still far from a 100% market adoption. If we can see this time that many companies are into crypto now, purchasing Bitcoin is that because they are preparing for the incoming changes and these are signs that we are almost reaching our goal to considerably become a currency, not just only for investment.

As this sentiment continues, uprising demand will be likely to expect in the coming days and for the next halving event.

[Flor1982]

suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

In this economic crisis due to Covid, this pandemic has driven the world economic performance even lower but the opposite happened to the Bitcoin market because it got even stronger. Maybe the people believe that Bitcoin and the crypto could potentially offer much higher returns than the traditional investments which are currently really difficult to recover until the world becomes Covid free.

[CryptocurencyKing]

Adoption has been growing at different levels over time, each new step different from the last.
Do not take this as investment advice

Obviously not an investment advice, what a coated disclaimer!

But then, one thing you get to realize is attention at different levels and bitcoin is what benefits the most. A unpaid or unsolicited advert sponsored by the government and antibitcoin around the world to show the people of the world what a perfect system bitcoin is. As without any troop fighting its wars, its got a troop in its faithful that continues to light the touch in a dark tunnel of all the negativity and in turn dispenses with the ideas that shreds it which eventually adds more people to the crypto enthusiast world. Until the idea of bitcoin becomes concrete and approved the negativity is as well needed.

[Kasabus]

suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

In this economic crisis due to Covid, this pandemic has driven the world economic performance even lower but the opposite happened to the Bitcoin market because it got even stronger. Maybe the people believe that Bitcoin and the crypto could potentially offer much higher returns than the traditional investments which are currently really difficult to recover until the world becomes Covid free.

Let's say that many people are struggling with their financial status but can't imagine why they have the guts to invest in Bitcoin. It is overwhelming to see and the fact that they are seeing this potential in crypto to help them survive then can also be the reason why the rest will follow.
If that we saw only a few people are investing Bitcoin because they are not ready to take the risk but this coronavirus helping them to open their eyes and realize how good it was which is once they ignored before.

[mezzaluna]

We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

Its really a much better time right now but this kind of surge was really unexpected and the influence of Elon was really helpful in promoting Cryptocurrencies. The opportunity that Cryptocurrency brought up during this pandemic was really helpful to most people since they can work within the comfort of their homes and even though the bad news are still there, we can still look or find ways to earn from this industry and that is why learning about Blockchain and Cryptocurrencies can really be helpful.

[ene1980]

I think most institution study it and they realize the possibilities and important of blockchain overall.

For most part these institutions are looking at the possibility of making huge profit than any other financial market and they are cashing in on the opportunity rather than looking at the importance of blockchain. We hear about billions invested by multiple financial institutes in recent months and the price has responded and we will see the same response in the market when these huge investors book the profit as well .

[Alucard1]

This time would be different way back year 2017 so we should not expect that bitcoin will crash up to $10k and below, there are already a lot of people who are now engaged in the crypto community so if ever bitcoin would crash it will only reach for about $30k. A lot of things now are helping bitcoin arise and that is good for us, hoping that mass adoption will happen within this year.

[rosebrand]

This year is totally a different year for Crypto, in this year we noticed an all time high in prices which has never been met in the history of crypto , and also early this year crypto has  got much acceptance and many big institutions, individuals, companies and countries has gotten to see the benefits of crypto and are taking part in it so this is actually part of the reasons price are rising so high and price will keep rising so we should expect more high prices this year.

[shoreno]

the increase in the price that we feel now in btc is still called a pump but i think ill agree with you because i cant find or think of a reason on why btc were pumping before and i even search it and found a similar post from yours , its from cnbc and they say that btc pump in 2017 are only a manipulation. from this year some big investors like elon musk are rumored that he is only manipulating btc but other big investors are legit that they are sincerly investing in btc . now we are confident that price wont just collapse hard same to what happen before

[Yatsan]

Compared to the past years, we can gradually say that Bitcoin have really grown up and improve as the years past by because if you can just recall, the starting years of Bitcoin have been really tough when it comes to issues concerning trust, adoption and massive usage that is the struggle because people are thinking it all the wrong way all due to the reasons that many false accusations have been thrown over Bitcoin as well as issues that have been made by other people doing nasty activities that includes Bitcoin. But as for now, people are widely opening their minds into the idea of accepting and learning Bitcoin added by the influence of big personalities and institutions that adds up popularity and trust as well to drive people on trying on engaging Bitcoin increasing its price, acceptance, usage and adoption. Greater things can still make happen as years goes by and we can expect more with Bitcoin.

[Wenbing]

I think most institution study it and they realize the possibilities and important of blockchain overall.

yes, i feel the lag between this surge in global adoption and when they never reacted was used to conduct proper research regarding the prospects of the blockchain technology.

This is what i have been saying that when you dont understand a thing, you should research about it. I still feel that some countries that are bannng crypto exchange have not properly studied the underlying technology-the blockchain.

I enjoin countries like Nigeria, India and others should set up a team to study what the future of cryptocurrency and blockchain will look like .

the increase in the price that we feel now in btc is still called a pump but i think ill agree with you because i cant find or think of a reason on why btc were pumping before and i even search it and found a similar post from yours , its from cnbc and they say that btc pump in 2017 are only a manipulation. from this year some big investors like elon musk are rumored that he is only manipulating btc but other big investors are legit that they are sincerly investing in btc . now we are confident that price wont just collapse hard same to what happen before

This is my position too. yes, btc price correction and surge was caused by halving and pumping before but now the game has changed. We have real adoption from corporations and investors, this will make the price to alway maintain a level of stability, as a little correction will mean an opportunity for investors.

Wow, the times are very good.

[moderator's note: consecutive posts merged]

[Casdinyard]

This time would be different way back year 2017 so we should not expect that bitcoin will crash up to $10k and below, there are already a lot of people who are now engaged in the crypto community so if ever bitcoin would crash it will only reach for about $30k. A lot of things now are helping bitcoin arise and that is good for us, hoping that mass adoption will happen within this year.

Things are indeed different from before but certainty still is absent such as to how low the market price could be if ever a huge crash will happen. If it is people engaging into this industry will be the determinant of the price not being that low, I think it will be not enough. More people are now interested and are investing but they are new ones in this industry. Most of them are still lacking knowledge in the nature of crypto and if ever there will be a crash for sure they are the ones who will immediately pullback which will trigger a bigger downfall so I guess it is still hard to say. But at this moment, this industry is continuously growing and I have no doubts with that.

[Sterbens]

And there is a huge difference between bitcoin before and now and that's not only the price of it. Bitcoin before was a great thing, not high transaction fees, there was even higher privacy, there wasn't need of KYC documents as it is requested nowadays by a lot of service providers. I just loved the situation that was before, now I find it to be more commercial thing and a victim of businessmen (at some point). But I love my bitcoin.

yes that's right, we used to really protect our privacy very well. but now we inevitably have to provide personal data for an interest. Digital developments that seem to open our privacy to the public continue to be commonplace and familiar.
plus KYC that uses Levels 1 to 3, so we feel that we have nothing more to hide. So do not be surprised if data theft is increasing from year to year.
we really understood the bitcoin situation first. Maybe you remember 2014, the year we were very happy to discover bitcoin (to be precise the year I got to know bitcoin).
getting nostalgic for getting 1 bitcoin is very easy, even i still remember that day i got 14 bitcoins. and now that's impossible.

[lixer]

We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.

Yeah a lot of them have finally come to understand Bitcoin and how it works, they are now starting to accept it.
I also saw a news headline that MasterCard will be supporting cryptocurrencies very soon, although I am not sure the cryptocurrencies they are going to be accepting because of the conditions they have given which are that the coins are going to be coins with privacy and stability and also coins that complies with money laundering laws, may looking at that I am starting it’s going to be stablecoins that they will making selections from, and not the volatile and decentralized ones like Bitcoin. Although it would have been cool if Bitcoin is on the list.

[Mr.sprin]

bitcoin has bounced back after a hiatus in the past two years but bitcoin this year is getting better price jumps as long as I know bitcoin from 2016, this is the first time bitcoin is very expensive, I also heard news that bitcoin in the future will be even better in price but that's just an issue that is not certain.

[franciscoDC]

Bitcoin now and crypto are being recognize rapidly ever since elon and visa consider to enter in crypto also there such a big impact in the price of bitcoin when elon musk tweeted and posted about it specially for his promoting coin which is DOGE but for me this only a shill.