Bitcoin before and now

[jasonjm]

BTC adoption has increased significantly over past few months and now masses are investing in it. Institutes are also following the path which leads to recent break above $50k psychological barrier. Now chances are very bright for Bitcoin to cross $60k in near term. Technology behind Bitcoin is also a major derivative for institutes to think about crypto.

[masterrex]

IMHO, I believe that there's is no difference between Bitcoin before and Bitcoin today, it is the same Bitcoin as it was first introduced in 2009-2010. The only thing that has changed was the Bitcoin popularity and its price, But in totality, Bitcoin characteristics remain the same as it was before, like the volatility, total supply, its block time, etc., so for me, there's is nothing much change in Bitcoin but only the Popularity and value.

[FlightyPouch]

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.

I am not expecting that 100% market adoption, all I want is for bitcoin to be adopted by a lot of people, businesses, and platforms for the people to know it better. We can't have that 100% but we can push the adoption of bitcoin and other crypto currencies to its limit. As more people know about bitcoin, since more and more companies/corporations are having their eyes on it, for sure we are looking for another surge.

$50K is so close and it might attract more investors in the near future.

[Ridwan Fauzi]

It means, it really different with the previous bull run (2017-2018) at that time just a few some companies who accept bitcoin, even there was no big company that accept and store their money into bitcoin. Different with now that almost technology company are considering to use bitcoin and store their money in it.

Also, if we make the same with previous bull run we will see a huge dump that will occur later. But, I'm sure it will not happen, the company will trust to bitcoin and they will still hold their bitcoin. Bitcoin is safe heaven asset, as we have seen until now the movement price of it will be good when something bad happen in the economic situation in this world.

[repear7]

Cryptocurrency is now more popular. If we look back 4-5 years ago,  Some of people has familiar with cryptocurrency. But look now, Almost every technology fans are familiar with cryptocurrency. When we talk about cryptocurrency, Bitcoin comes to mind first. The future of bitcoin is more bright. Some of big company already thinking about investing in BTC. For it’s,  Demand of btc will increase more amso price will increasing for high demand.

[wxa7115]

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.

At least to me it seems that 2021 is what we thought 2017 will be, 2017 was the year in which a great deal of us thought that bitcoin was finally ready to become mainstream, and unfortunately it didn't happen, but it turns out that we were not wrong in our assumptions we were just wrong in the timing in which this will happen.

2020 and 2021 have seen significant support from institutional investors, not only because they see in bitcoin a great asset but also because the economic policies of a great deal of the governments around the world have them worried and bitcoin is a great alternative for those that have lost faith in the ability of governments to manage the economy correctly.

[wxa7115]

That how it worked all years before. But this time situation really might be much different because of these big players. You know, wealthy people didn't waste money. They always want to get profit, so if they invest in crypto, they expect to gain a lot of money instead. I really want to see correction to have an possibility to buy some coins at ATL but this time it might be not so huge.

This is what makes this bull run different and why I think a crash is unlikely, those wealthy people are not going to come to this market to lose money, this was a very calculated move, they identified an opportunity in the market of cryptocurrencies and they invested in it, so to me this indicates they are very sure about bitcoin and its future.

That being said that does not mean that we could not see a crash, especially when it comes to altcoins, as institutional investors have invested in bitcoin but are showing no interest in altcoins which means that their growth is suspect and it could suffer a reversal any time now.

[CoinFoxs]

Bitcoin before (2017) there was not much demand and people did not yet have proper awareness about bitcoin. Unlike now that the adoption of bitcoin increased and there is a greater demand.  There's a  lot of big investors of bitcoin now than before.

Agreed, in 2017 there were less investors in bitcoin then now but many people enjoyed 20k$ ATH price, this time more investors take part in bitcoin trading and made things possible for bitcoin to reach 57k$ next pump will be the great pump in the history of crypto world for bitcoin’s price. We will see bitcoin crossing 100k$ by the end of this year.

[Renampun]

Bitcoin before (2017) there was not much demand and people did not yet have proper awareness about bitcoin. Unlike now that the adoption of bitcoin increased and there is a greater demand.  There's a  lot of big investors of bitcoin now than before.

Agreed, in 2017 there were less investors in bitcoin then now but many people enjoyed 20k$ ATH price, this time more investors take part in bitcoin trading and made things possible for bitcoin to reach 57k$ next pump will be the great pump in the history of crypto world for bitcoin’s price. We will see bitcoin crossing 100k$ by the end of this year.

this year will be the best Bitcoin year since the first Bitcoin circulated...
$ 100k will be checkpoints. The slight correction in the market at this point is reasonable. Bitcoin will very boring if it continues to be bullish 'lol'

[Quidat]

Bitcoin before (2017) there was not much demand and people did not yet have proper awareness about bitcoin. Unlike now that the adoption of bitcoin increased and there is a greater demand.  There's a  lot of big investors of bitcoin now than before.

Agreed, in 2017 there were less investors in bitcoin then now but many people enjoyed 20k$ ATH price, this time more investors take part in bitcoin trading and made things possible for bitcoin to reach 57k$ next pump will be the great pump in the history of crypto world for bitcoin’s price. We will see bitcoin crossing 100k$ by the end of this year.

this year will be the best Bitcoin year since the first Bitcoin circulated...
$ 100k will be checkpoints. The slight correction in the market at this point is reasonable. Bitcoin will very boring if it continues to be bullish 'lol'

When we do able to see continous rise then it would really be considered into that manipulative side of things which it isnt really good to look at.
About circulation then it isnt really sure knowing that accumulation was done by those big corporations or institutional investors which can buy bulks of
coins if they wanted to.It is just we are talking about the adoption rate is something different compared in the past which is the main reason
on why we are seeing these things.You can really make out comparison with that.

[adzino]

Yeah, this bull run is not the same as the one we saw back in 2017. It is very much different. We aren't seeing a sudden rise out of nowhere. This time we are seeing a upward right because huge and well known institutions are joining the market. They are slowly starting to adapt the whole crypto currency system. Starting from paypal to tesla, they all are now understanding how bitcoin and other crypto currencies are going to be useful to us. Lets hope this trend continues and becomes permanent.
More institution joining means better chance of making crypto currencies mainstream!

[just_Alice]

Yeah, this bull run is not the same as the one we saw back in 2017. It is very much different. We aren't seeing a sudden rise out of nowhere. This time we are seeing a upward right because huge and well known institutions are joining the market. They are slowly starting to adapt the whole crypto currency system. Starting from paypal to tesla, they all are now understanding how bitcoin and other crypto currencies are going to be useful to us. Lets hope this trend continues and becomes permanent.
More institution joining means better chance of making crypto currencies mainstream!

From one point of view, you're right, we can explain the reason for btc price changes the past few months and how it reached the current price, as it is correlated with some public events, well-known business arrangements, etc. On the other hand, if you look closely at the price tendency it can be seen that the steep rise began earlier. Even from Oct 2020 to Dec 2020 the btc price has doubled (in just 2 months!), reaching its new ATH. What caused this rise in autumn? Do you think it could be just PayPal alone? And all of the other known events that most likely influenced btc price happened after that, starting from Jan 2021. The question remains: what happened in between that kept the price rising even more?

[Twentyonepaylots]

Bitcoin's rise is a gamechanger not only for itself but for the rest of the cryptocurrency world as well. Knowing this, we can guarantee that there's nowhere else for bitcoin to go but upwards and we may hit some obstacle every now and then, but best believe that bitcoin will always get past it and achieve greatness.

[dimonstration]

BTC adoption has increased significantly over past few months and now masses are investing in it. Institutes are also following the path which leads to recent break above $50k psychological barrier. Now chances are very bright for Bitcoin to cross $60k in near term. Technology behind Bitcoin is also a major derivative for institutes to think about crypto.

Now is really a adoption, before were just a mere pf speculation depending on news and some whales, now there are already institutions that backing it up that causes to inspire still non investors to engaged also in it. Before we can expect a too much dump in price whenever the pric moves way too high and fast , now we can’t even say if the dump is a correction since there are already holders willing to wait or investors willing to buy at any cost.

[MCobian]

Actually, what distinguishes Bitcoin previously in 2017 from the bullish trend in 2021 is the number of institutions investing in Bitcoin this year.
So Bitcoin fundamentals are getting stronger, especially this year Elon Musk is very active in promoting Bitcoin and making Tesla invest in Bitcoin.
This is what distinguishes Bitcoin's increase in 2021 from what happened in 2017. Therefore I am very optimistic that the future of Bitcoin will be bright.

[Rehan Zakir]

You are saying right. In 2021, many big companies opened their doors for Bitcoin. And there is a huge difference in bitcoin price between 2017 and 2021. The price of Bitcoin in 2021 is 3x then in 2017 All time high. Big institutes are involved with the bitcoin technology. And new investment  is coming in this market.

[Innerpumper]

I think this year bitcoin will be hard to overthrow unless what we've heard like tesla, visa, PayPal pull back what it wants to do. they are a company that lasted a long time and if bitcoin is no bad news about them I am sure this storm is only brief and bitcoin will soon stabilize.

[yohananaomi]

Actually, what distinguishes Bitcoin previously in 2017 from the bullish trend in 2021 is the number of institutions investing in Bitcoin this year.
So Bitcoin fundamentals are getting stronger, especially this year Elon Musk is very active in promoting Bitcoin and making Tesla invest in Bitcoin.
This is what distinguishes Bitcoin's increase in 2021 from what happened in 2017. Therefore I am very optimistic that the future of Bitcoin will be bright.

It is clear that bitcoin will experience bright times because now there are two phenomena that occur after last year @elonmusk bought up bitcoin so that at the end of the year bitcoin continues to move up. and this year, the effect of @elonmusk is still visible from the number of companies that also bought and don't forget that big brokers also play a role there.
Coupled with the Halving phenomenon which also occurred this year, there are two forces that become one so that bitcoin becomes powerful and of course renewable ATH will always be formed until phenomenal prices occur. when will it happen before bitcoin will finally experience a correction, no one knows so there is still a chance for those who want to pay in installments to also be able to enjoy the increase in bitcoin.

[imstillthebest]

I think this year bitcoin will be hard to overthrow unless what we've heard like tesla, visa, PayPal pull back what it wants to do. they are a company that lasted a long time and if bitcoin is no bad news about them I am sure this storm is only brief and bitcoin will soon stabilize.

paypal released a statistics and it shows that they are earning good and they must feel good with that .
 they wont plan to pull put thier money in crypto but i dont know about the tesla because they are late to join and i never see a statistics if there are increased in sales with thier company after they started to use a bitcoin or not .
we are proud of the transfromation of btc but if satoshi hears us he us going to feel the same as much as we do because thats his boy .

[Trinx01]

Many things affect the inflation of bitcoin in such past days, The first peak is when the post halving happens on which it pumps the bitcoin for $20k on which it reaches the new ATH, Elon Musk and the Tesla who bought $1.5 billion makes the bitcoin pumps once again as it reaches $40k - $50k, there is still more than this, cryptocurrency or bitcoin will be seen as great in the future.