Bitcoin before and now

[lalabotax]

Bitcoin right now is not only about the significant increase in the price itself. But, how it can develop from one ATH to higher ATH again only in several months. Moreover, it is more than twice the previous ATH in 2018.
It is also not about the price. This season, we can see how many more institutions, people, companies, and also parties are also involved and interested in Bitcoin. So, the adoption is many more.

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[Nora-Nan]

一．The Development Process of Bitcoin
Almost a week has passed since March 12, the trend of Bitcoin has risen unprecedentedly.
Reviewing the development of Bitcoin, Bitcoin was developed in January 2009, then quickly developed and slowly began to gain a certain degree of popularity in the market. From the black swan plunge on March 12th, 2020 to the increasing on March 12th, 2021, the development of Bitcoin in the past year has made us more firmly aware of the positive trend of Bitcoin in the future.
二．The Black Swan on March 12th, 2020
On the eve before March 12th, 2020, influenced by Covid-19, the panic hit the global financial market. China’s market, U.S. stocks, cryptocurrencies, commodities, and other markets collapsed collectively. Influenced at the background of the US's massive printing of to rescue the market, the global financial market gradually entered a stable.
From March 8th to March 13th in the year 2020, Bitcoins pushed down from $9,000. In less than a week, the lowest once fell to $3800. The total liquidation was over $50 billion. Bitcoins encountered a liquidity crisis, major exchanges collectively shut down the service, and investors were extremely pessimistic, believing that the Cryptocurrency market would collapse.
However, opportunities and despair coexist. Bitcoin dropped to 3,800 dollars and then quickly REBOUNDED After more than a month of slow climbing, Bitcoin once again broke the MA60 which is also called the bull-bear boundary, and returned to be above $9,000. After the third halving of Bitcoin, its scarcity has become more obvious. The influx of a large number of institutions has boosted Bitcoin's further strength, creating an unprecedented super bull market.
Lucian, the chief analyst of BitOffer Exchange, said that in fact, the cryptocurrency market has undergone earth-shaking changes in the past year. The most important thing is that institutions enter the market to maintain the overall stability of the market, which means that predicting schemes are hard to arrange anymore.
Before the Bitcoin breakthrough to $20,000 happened, Bitcoins always kept up and down. After buying, HODL always brought a loss. There is a saying in the cryptocurrency market, that is, nowadays there seems rarely to appear the ups and downs state, which thanks to the entry of international investment banking institutions such as Goldman Sachs, Grayscale, Fidelity, and Citigroup, as well as the public purchase of a large number of listed companies, the overall stability of the market has been improved, which also shows that the Cryptocurrency market is gradually maturing.
三．BitCoin went up to $60,000 on March 12th, 2021
On March, 12th, 2021. the BTC went up to $60,000. (According to the data on the image).
The Black Swan made more investors extremely pessimistic. On March, 12th, 2021, the BTC continued to rise, breaking through the unprecedented $60,000 USD. The curse of“Black Swan” on March 12, 2021, has been removed.
This is mainly due to the following reasons:
On March 7th,2021, Biden failed his plan to stimulate $1.9 trillion. It means there will amount of cash going into the crypto market. The buying treasures of investors will be beneficial to make a historic breakthrough in Bitcoins. Therefore, there is no need for investors to take more care about the coming of March 12th. At present, the upward trend of Bitcoin remains very good. If there is a corresponding correction in the short term, it is still a good entry point. In terms of the general trend, we believe that Bitcoin will rise to more than $100,000 this year.
四．Earn Profits according to the uptrend of BitCoins
According to the data of BitOffer, the global crypto investors tend to buy Bitcoin’s ETF funds for the reasons that Bitcoin’s ETF funds support buying the ups and downs of Bitcoins and costs free fees and free liquidation. The profits of ETF funds are 3-17 times higher than spot trading. So it is the best way to buy ETF funds. Now the market value scale of Bitoffer platform investors is more than US$1 billion.
As for the leveraged ETF fund, there are obvious advantages that the ETF fund has free deposit and fees and no liquidation and can enjoy high profits of 3 times to 17 times. Lucian said BitOffer’s s leveraged ETF fund will gradually replace the contrast of the current market.
五．The future of BitOffer’s BitCoin can be in high expectation.
Bitoffer developed new products for DOT、LINK、UNI、SUSHI. Lucian said most of any other mainstream currency and DeFi currency would be developed to satisfy the needs of crypto market investors. Now it is very active in leveraged ETF Fund trading. Especially in the primary subscription market, the total monthly subscription volume exceeded $1 billion, which is even much higher than the spot transaction volume.

[ECOS_CloudMining]

BTC is a really popular and valuable coin now. The growth and the changes will definitely be in the next few years. A lot of people start investing everyday. We think that in the near future many companies will accept payments in BTC and in crypto as Tesla.

[pankowri]

Bitcoin before and now means what time? You didn't mansion any exact time. During the life of BTC, several time BTC passed many circumstances and suffered many obstacles. It comes to this position by struggling enormous and sometimes it just hardly got existence. And now BTC entered a position that envied and strong ample. We hope it will take the place that sought to be.

[sapnu]

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.

Bitcoin before was nothing compared to what it is right now and even the pump that occured last 2017. Though things might end up the same way or maybe bitcoin will fall harder than before, still we cannot deny the fact that this bull run is a really special one. We've only expected it to reach $20k or a bit higher than that but all of a sudden, it's getting nearer and nearer to $100k. I was already in crypto during the bull run of year 2017 and 2018 and I gained lots of profits from that, too bad I don't have much holding right when the value is much more higher than the all time high before. Consistency and patience is really important in bitcoin, cause only through that you can experience massive benefits from it.

[acener]

For me the difference between the 2017 pump and to the current pump that we experience is the number of investor and companies that are now holding BTC.
We have more of them now so the price would surely increase and stay high unlike what happen in 2017 they only came for the profit and when they get what they want they dump it all and leave.

[BuNga_cute]

For me the difference between the 2017 pump and to the current pump that we experience is the number of investor and companies that are now holding BTC.
We have more of them now so the price would surely increase and stay high unlike what happen in 2017 they only came for the profit and when they get what they want they dump it all and leave.

I agree with your opinion, it is true that when there was a pump in 2017, most investors focused on pursuing instant profit. Then the number of
companies investing in Bitcoin is still very small. So there was FOMO and finally some investors who had made a profit selling their Bitcoin and
suddenly a massive dump occurred. That's the worst thing I've ever experienced in the crypto world, hopefully we don't experience what happened
in 2017 again. As for this year, most of the investors who bought Bitcoin were indeed for long-term investments and there were many institutions
buying Bitcoin. therefore the bullish trend starts from the beginning of 2021 until now there is no sign of stopping. Maybe only a few minor corrections
have occurred, this proves Bitcoin investors are more solid this year.

[dev654]

When i invest in bitcoin at 2015-16 i know about it.Bitcoin is a very good potential coin.This time bitcoin going to the moon because of tesla.Tesla invest in bitcoin and they accept bitcoin to buy their product.That's why now its price is increasing day by day.

[blue_nexus15]

Bitcoin in the past and now has a huge difference. Especially in the old days, bitcoin was considered as a "bubble".
And bitcoin has now become a symbolic symbol of the worldwide financial transformation marked as "assets of 1 trillion".
Bitcoin is supported by many financial institutions, recognized as a means of payment for many types of services. The latest is Tesla.

[Lorence.xD]

When i invest in bitcoin at 2015-16 i know about it.Bitcoin is a very good potential coin.This time bitcoin going to the moon because of tesla.Tesla invest in bitcoin and they accept bitcoin to buy their product.That's why now its price is increasing day by day.

That time I know about it already but I didn't lay it no heed because I don't know how to get one and I was having doubts doing something that involves money online, the time that I wanted to really get in was by the dnd of 2016 when I discovered this forum and the price of bitcoin was hitting its first few thousands in the market.

[btctalk123]

now it's massive alts surge looks like 2017 more or less

[rodskee]

If you want to know the latest news on bitcoin and finance, then you are here financetechjournal.com

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now it's massive alts surge looks like 2017 more or less

Lol it is not 2017 when the surge of altcoins happen , Instead that is 2018 obvious that you don't know what you are saying.

When i invest in bitcoin at 2015-16 i know about it.Bitcoin is a very good potential coin.This time bitcoin going to the moon because of tesla.Tesla invest in bitcoin and they accept bitcoin to buy their product.That's why now its price is increasing day by day.

But first you Know what's the real score why Bitcoin is climbing up and that is not Tesla , It is all the investors from every part of the world and economy that trusted the Crypto now.

[Chato1977]

Comparison of Bitcoin from before and today means Big difference ,

from Cents to tens of thousands?

From being Bashed to being a hero?

From  Denied to being Demanded ?


Yeah bitcoin had already through a Lot but now proves a lot as well.

[Pom_bensin]

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.

I think the increase in crypto this year is not dependency due to the influence of elon musk. this is purely a market boom that happened as many investors started getting into crypto. so I think it is natural to happen not because of someone's influence but crypto journeys that still exist today

[xiboothrezi]

The current bull market is way more different than the recent one, this is because of the involvement of large institutions investing in crypto and using it like hedge funds. ~

The involvement of institutions that are quite widely used globally has a positive impact on the cryptocurrency ecosystem. This means that "trust" has begun to form and the stigma associated with cryptocurrency is something "dangerous" is starting to disappear in society. Many people will see cryptocurrency as an effective payment alternative. This is a very good start, this development is what makes it different from before.

[online73]

Hello everybody. Bitcoin before and now is the same as comparing a baby and a young man who is beginning to understand everything. Many famous people who previously spoke negatively about Bitcoin are now changing their minds to the opposite. A lot of funds are now entering Bitcoin. But most importantly, Bitcoin used to be cheaper, and we were younger.

[Sadlife]

Most people think its the same as 2017 pump and dump and many pessimism has been stating that the Bitcoin price has hit the top but if you're updated in the news such as Paypal, Master card, Elon Musk, Grayscale, Venture capital had all put their balance sheet in Crypto and this guys aren't the type to sell their Crypto for a 10% gain. So yeah, this is not the same as the last time where it was mostly driven by hype. This time its the Institution's that entered the Crypto space.

[andthereyou]

The bitcoin before and now are the same. It will always follow the cycle of going up and going down. Though many rich company and people bought bitcoin and have pushed the price at approx. 60,000 USD. There will come a time it will go down again.

[Trading Eye]

Nothing much different the only think its greater than before because there is many innovation in crypto community which is makes crypto had more largest community than before . that is also makes bitcoin value is so precious compare than any other commodity because there is more potential for bitcoin for much greater than at this point.

[bandungan]

The difference between this season and 2017 is the openness of all banking networks for crypto. This is a positive signal for crypto because this can be used as one of the crypto ara to be able to rise. but the most important thing for bitcoin is price stability and makes bitcoin remain in the best position