Bitcoin 10 years ago

[kryptqnick]

The price increased unbelievably since 2012. Even if we think back to just 4 years ago, $20k was a blessing, the truly high price Bitcoin achieved or almost achieved only once. Now, just a few years later, many are whining about it being such a low price. Yes, it's around 70% down from the ATH, and I agree that it's a huge drop. But around $20k is still very impressive, while at the same time being a good chance for a long-term investment. It's not cheap, but it's unclear if the price will fall significantly below this point, and it's still good if you believe Bitcoin can cost $100k-200k in the next few years, which I do.

[dezoel]

It's everyone's wish, but I suppose even if we had enough knowledge about it, we wouldn't have bought it at the time. We want to go back to that time because we already know what can be achieved today, not because we have full knowledge of it and want to possess it because of that knowledge. Those who made the first bitcoin transaction or those involved in bitcoin development at that time they had a very good knowledge of bitcoin but who will hold bitcoin until now?, I think definitely not. Even satoshi was skeptical of its development, no one was sure at the time.

People can only say this because they are not on the actual situation and even if today that btc is now famous, many of us are still hesitating to buy it. Those who made the early transactions of btc do have a little knowledge in btc but they are not aware if what btc can do, that its value can grow like this.

If only they did then I don't think they will spend their btc like a normal currency but some of them are lucky to forgot access to their coins and recover it later on. Satoshi develop his own coin so he have a confidence that his creation will be known someday because it was unique and has an interesting use case and here it is now.

[Hamza2424]

Remember, Your past can be a motivation..
As if on any point of your life you feel that I just can't doo this or this is like something impossible just once, by recommending view or analyzing your past, You will feel like ohhh this .. this is nothing in front of what I have gone through last and you will grow faster then before and that would be the motivation from your past. The same case is with the Btc MANY OF US THINK OHHH NOOO its pozi dude looks at the past. You would know how a potential assets you own..

[stomachgrowls]

Take every chance when the price are on discount! You just need to be more patient and keep buying whenever it gets even lower , can you do that? No of course not really much people can do this as whenever the price continue declining and seems endless ...

That is the time where most people give up.

But people would really be always minding that time should be going back and able to buy those cheap coins because if we do make up some comparison in todays price then it isnt something cheap as we do compare

into those past years that had passed and also they've been thinking that even if they would accumulate on the current price, it cant still make out those huge multiplier profits that they could get.

This is why they arent really that interested on accumulating lots but its true that comparing to altcoins then i dont see any place where you could really make some ideal investment
and be holded for long years to come but only with Bitcoin.

[Japinat]

This can't be a comparison because 10 years ago we were clueless and only now is proof that $12 Bitcoin can reach as high as $69k (2021) as ATH and for its current price of $19.7k it's just history that Bitcoin went from small to high. to be the largest ever in a decade.

Now the best way is HODL in 2022 with an average price of $19k and wait 10-15 years from now will the current price become history again? Or in the next decade we will see $100k-$200k? It's possible for me Bitcoin has a different cycle in each iteration of its history.

Keep your money in Bitcoin for sure we can see how the price will come. the word HODL became my reinforcement.

Yes, a decade ago, bitcoin wasn't this much known and famous. Many people have already came across with it but chose to neglect because we don't have any idea how it works or if it will become what it is now. In fact, there are only few people who trusted it and knows its value but only a very handful of people who still holds it until this very day. And you're right mate, this is a good chance to accumulate more while it is selling at a discounted price because we don't really know if this is already the rock bottom for the next decade to come.