Bitcoin at $50k: Looking back at the price perspective

[Dave1]

This really opens up new prospects, but will the price be able to stay at this level?

That is the question in the beginning and you should know the answer by now. Although the growth will slow down, but it doesn't mean that in the next 10 turns we can't see the price double or even triple.

@veznata - I agree with what you say, it's more precious to hold less BTC today as compare in the beginning, as the supply dwindles the demand goes high.

[AakZaki]

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

[Janation]

A lot of people are starting to regret their decisions again.

I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.

Regrets won't generate profit. What's done is done and we cannot bring back the time. The only way to cope up with the market nowadays is to focus at the present. The market value is now far from its price way back few years ago and if this gives doubt to the new ones, that's just natural. We just do not have the assurance on things regarding crypto market prices, and it is indeed scary and worrisome to invest at this point but what to do? An investor could wait 'til the price go down, and also, can take the risk to invest at this point. There' s no certainty so any action will be valid despite of the consequences.

That is just true.

We can't just bring back the losses of the past, it will always be there and the benefits from it that you will get is knowledge and experience. Looking at the price of the past and the price that we have now, we really hope that we could've invested earlier but no one knows what will actually happen. For now, we just knew that the price could reach such heights means that we should be positive about what it can do in the future. 

[Sithara007]

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

When I first joined this forum in 2014, hardly anyone would have thought that Bitcoin would climb to such heights. For a while, I regretted about not entering the cryptocurrency market earlier. But that doesn't matter much now. I am almost at 100x profit, from the point where I made my initial investment. Theoretically, Bitcoin could go much higher. Fiat currency is rapidly losing its relevance due to governments overprinting it, and it is just a matter of time before assets such as Bitcoin and gold become the refuge for those who want to protect their wealth.

[traderethereum]

think and reminisce on the past and how cheap bitcoin is today. But who would have thought that bitcoin would hit the current price of $ 50k, no one would even have thought and predicted. When the price of bitcoin was still below $ 1 I still didn't know about bitcoin and had never heard of it. The past people who owned bitcoins until now are people who believe that bitcoin will be very useful in the future. Past holders of bitcoin would have a lot of cash today if they hadn't sold it all.

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

[davis196]

Is this newlibertystandard@gmail.com email address still active?Probably not.
I wonder if anyone had bought Bitcoins using this service by paying with Paypal and then trying to chargeback the transaction.He must have been the fist Bitcoin scammer in the world.Getting lots of free Bitcoins with this scam and then selling them on the first crypto exchange platform.This actually isn't an option,because altcoins aren't invented in 2009.

[In the silence]

This really opens up new prospects, but will the price be able to stay at this level?

That is the question in the beginning and you should know the answer by now. Although the growth will slow down, but it doesn't mean that in the next 10 turns we can't see the price double or even triple.

@veznata - I agree with what you say, it's more precious to hold less BTC today as compare in the beginning, as the supply dwindles the demand goes high.

It shows bitcoin's progress and growth by these memories wayback when bitcoin starts its journey. Today, we can't predict on how much does bitcoin's value will be because some of the investors are well known from their wealth. We can predict that bitcoin will rise high up more but we can't tell whether what will be its value today, tomorrow, and for the next year.

[Ultegra134]

I was convinced that it would surpass $50.000 and even reach $60.000, which is going to happen by any time. However, I did not expect this to happen so fast. One day I was observing the price at $45.000 and the very next day it surpasses $50k. I regret not buying more sooner, almost bought yesterday at $51.000 but ended up not completing the trade. Stupid me.

[AakZaki]

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When the price of bitcoin touched the price of $ 19k at ATH 2017, it became a new historical moment for bitcoin and many people were interested in getting into bitcoin. After that, however, massive bearishness occurred which touched the $ 3k mark. this also made people start panicking about leaving bitcoin. We are here as the main cryptocurrency activists who understand the very high fluctuation of bitcoin prices. crypto carries a higher risk. prices go up and down it is common. Currently Bitcoin is making new history by breaking the price of $ 57,505. who would have thought bitcoin would reach that price. This is still ongoing and we will see together to what extent the price of bitcoin reaches its highest price.

[Issa56]

Bitcoin have been in existence for the past few years, Bitcoin have been in existence since 2007 which the price was still very low. Lots of people don't know about bitcoin then there was no public enlightenment lots of people don't believe in Cryptocurrency they don't even know what cryptocurrency is all about.when bitcoin started the price was very low it was below $1 and people where not still buying because they don't know the use and they don't know this is how it will look in the future, with time bitcoin price started increasing and people started investing in it which lead to pump in price. Bitcoin that worth less than a $1 around 2007 now worth above $50k. And bitcoin is still going to pump more you can still invest now.

[7788bitcoin]

Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When bitcoin was released only a few knew about them and the publicity started when the price started to rally in 2012/ 2013 and when that happened there were many eyes on the market and i started during that time period and the reason many are late to the party is not because they are not interested it is possible that they are not aware and it is not that easy to comprehend something that is decentralized especially people who are in other financial markets. 

[KuromaYoichi]

Back then no one knew or expected that bitcoin will reach this kind of price, i don't even know bitcoin until mid 2015 and i consider myself quite early to get into crypto. Even if i know bitcoin in 2009 i won't buy it until the first surge in 2012/2013 and then after the crash i would've sold all of my bitcoin anyway. But right now is different when crypto is quite popular and adoption is not a pipe dream anymore. Maybe in ten years we will look at another perspective when the price right now is considered cheap.

[rosebrand]

As of 2009 bitcoin wasn't popular,  and the few who has the opportunity  to own bitcoin never knew it will rise so high someday, there all sold at a cheap rate because there couldn't foresee the future, but as times goes on its value and popularity kept increasing, and today it above $50k. To many it's an opportunity lost but to me I think it's never too late because bitcoin will continue to hit more greater all time highs so the door is always open.

[traderethereum]

No one will think about what happens to bitcoin until we see what is happening now.
We already read about many speculation and prediction about how high bitcoin can increase from a long time ago, and no one will guess that it really happens to us now.
Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When the price of bitcoin touched the price of $ 19k at ATH 2017, it became a new historical moment for bitcoin and many people were interested in getting into bitcoin. After that, however, massive bearishness occurred which touched the $ 3k mark. this also made people start panicking about leaving bitcoin. We are here as the main cryptocurrency activists who understand the very high fluctuation of bitcoin prices. crypto carries a higher risk. prices go up and down it is common. Currently Bitcoin is making new history by breaking the price of $ 57,505. who would have thought bitcoin would reach that price. This is still ongoing and we will see together to what extent the price of bitcoin reaches its highest price.

That year, I guess many people were frustrated because of bitcoin price drops too deep and touched the $3k mark.
They can not believe what they saw, but that is happening in front of them, and many of them decide to quit bitcoin and leave it without coming back.
If we know about the risk at first, I am sure we will not play with the risk, and we will cash out our money at the highest price in 2017 and quit the market.
But that was already happening, and we can not just regret it without doing anything because I am sure we still have a bright future.

Many people do not know about bitcoin, especially when the price is lower than $1, but soon after the price hit $19k a few years ago, some people tried to open their eyes and mind, and they see that bitcoin have potential to increase higher.
And now, they see by themselves that bitcoin really break $56k, something that we want to see from a long time ago.
But it will not stop here because I am sure the rally will still come again.

When bitcoin was released only a few knew about them and the publicity started when the price started to rally in 2012/ 2013 and when that happened there were many eyes on the market and i started during that time period and the reason many are late to the party is not because they are not interested it is possible that they are not aware and it is not that easy to comprehend something that is decentralized especially people who are in other financial markets. 

We are regret because we are not involved in bitcoin for the first time, but that is enough for us because we can try from now on and start to earn more bitcoin while we can.
At that time, people do not see the benefits of bitcoin and still underestimate if bitcoin can grow from time to time, but bitcoin really proves that to us.
Until now, bitcoin already reach the big company, and some big companies already use bitcoin and invest their money in bitcoin, which is a bit too late for them.
We must use this time and not be late because I believe our time is not much to make more bitcoin.

[lifeforcepools]

I am sure that the price will rise again. $50K is just the first step.

[hatshepsut93]

But who could have heard about Bitcoin in 2009 and 2010? No news sites have reported about it, even on social media no one mentioned it, it was known only to cryptography nerds. If you weren't on of them at that time, you would have very little chances to get to know about Bitcoin.

And it totally makes sense that Bitcoin started from zero, because it was a project developed for free by one person without any press-releases and marketing. Had Bitcoin been developed by a software company, its initial value could have been much higher.

[best123]

The rise of Bitcoin was really a big surprise because many never saw it coming. I went to see a friend on Wednesday and he told that the only regret he has is never to buy Bitcoin last because he was having thousands of dollars. I told him, the bull run also overwhelmed me.
Our conclusion was buy crypto whenever you have the money, do not wait for the right time, now is always the right time.

[TravelMug]

I was convinced that it would surpass $50.000 and even reach $60.000, which is going to happen by any time. However, I did not expect this to happen so fast. One day I was observing the price at $45.000 and the very next day it surpasses $50k. I regret not buying more sooner, almost bought yesterday at $51.000 but ended up not completing the trade. Stupid me.

But you are a true visionary, bitcoin surpasses $60k in the last 24 hours. 

And now that we hit another milestone, and will probably in the next 10 years, we might hear a lot of people regretting that they should have bought it sooner (including myself). Others say it is expensive at $50k, but look at the jump, less than a month and now we are in $60k. So don't let this opportunity passes by, it's not to late to jump-in and wait at least the end of this year and see how our investment is.

[Shasha80]

It pains me to look back when Bitcoin prices were so cheap. And surely many people will regret not buying Bitcoin when the price is the same as
a cup of coffee. But we cannot return to the past, and must continue to move on to the future. Therefore, it's useless to regret what happened,
we have to look at the present and the future. So it's okay to start collecting Bitcoin from now, because if we look at the very rapid rise in Bitcoin.
It should be 10 years from now the price of Bitcoin is much more expensive.

[michellee]

$50 for 10,000 btc? If I knew the bitcoin price would be at a high price, I am willing to buy it instantly without thinking much, even if the price will be at $100 at that time. That was what happened in the past, and we can not back to that time, so I think that will be a history to us. Sometimes we underestimate something that looks not interested to us, but that thing can jump and really worth having it in the future. And that is happening with bitcoin because now, we already see how high the bitcoin price.