Bitcoin in the last 5 years compare to now

[moneystery]

bitcoin has the potential to be used by more people in the next few years for their transactions or investments. we can see how bitcoin has developed in recent years. even though many parties reject and ban bitcoin, that doesn't stop the adoption of bitcoin, in fact bitcoin continues to grow and can even reach its ath. with the developments it has shown, we can now conclude that the potential for bitcoin to be used by more people in the future is quite high and i am confident about this.

[1714485750]

1714485750

[Litzki1990]

If you look closely at the price of Bitcoin over the last five years, you will see that the price of Bitcoin has risen substantially every year. In these five years Bitcoin touched its highest price in history and then touched the highest price and fell far below that means everything happened in these five years in the Bitcoin market. The price of Bitcoin is now hovering around $36,000. 
2023 is almost the end of a new year and Bitcoin is likely to touch new horizons in the new year. The end of 2023 has ended well for Bitcoin and now we are looking forward to a good start to the Bitcoin market in 2024. Hopefully Bitcoin will break all the records that Bitcoin has touched in the last five years in 2024.

[CageMabok]

bitcoin has the potential to be used by more people in the next few years for their transactions or investments. we can see how bitcoin has developed in recent years. even though many parties reject and ban bitcoin, that doesn't stop the adoption of bitcoin, in fact bitcoin continues to grow and can even reach its ath. with the developments it has shown, we can now conclude that the potential for bitcoin to be used by more people in the future is quite high and i am confident about this.

Banning Bitcoin in several countries is also not a serious enough obstacle for Bitcoin to continue to grow and even new people continue to like Bitcoin when looking at some well-known investors who still like Bitcoin today which means it will continue to provide a positive boost to Bitcoin in the future to come as it will only take time to see more adoption occurring in various countries for Bitcoin. Moreover, there are many people who experienced a clear life change when Bitcoin peaked in its bullish condition and that has also become a positive proof for Bitcoin in attracting many enthusiasts for the future.

[Hypnosis00]

The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

If that is what you see and it happens now, then it is absolute that it will grow demand and its adoption.

We'd never think this thing happened because what is in our mind is full of uncertainties but we believe it now that this new technology gives us something new. As the years come by, we can expect more things like this -- and more people gain interest in investing, trading, and using this as a payment option. It is really true that the development and acceptance of the community takes years, not just a single day.

[TimeTeller]

The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

If that is what you see and it happens now, then it is absolute that it will grow demand and its adoption.

We'd never think this thing happened because what is in our mind is full of uncertainties but we believe it now that this new technology gives us something new. As the years come by, we can expect more things like this -- and more people gain interest in investing, trading, and using this as a payment option. It is really true that the development and acceptance of the community takes years, not just a single day.

As long as companies, people are using this currency, there's always the possibility that the demand will further increase in the coming years.
Worry if we are seeing that the popularity of crypto market is waning down. That's when you need to seriously look out for what may possibly happen with this technology.
This is why it is safe to say that the number of users today is more than what we had 5 years back. We have seen a lot of people trying to join this market.
Of course, the hope of getting high profits is always there. And volatility factor is one major reasons why people are getting enticed to hold some of this currency.

[Magic-Money]

They are big difference comparing in five good year's which is coming with big hugs amount of return investment profits that always cause by Bitcoin halving. When the price of Bitcoin keep appreciate and get more scarce by miner reduction.

[pinggoki]

Mass adoption by institutions will continue, and while retail investors can influence prices and market sentiment, large institutions wield even greater power through their actions with Bitcoin. More companies will start securing Bitcoin in their own wallets, anticipating a future filled with surprises from Bitcoin, courtesy of these major corporations.

In the years ahead, Bitcoin is poised to unveil more surprises, further increasing its value. Its limited supply compels everyone to vie for ownership, and Bitcoin ETFs serve as a significant gateway for institutional investors to enter the market on a grander scale.

If that's how things are going to happen then I guess the best course of action for retail investors like me is to just accumulate more bitcoin and hope that things are going to my way and hopefully reap a really good profit. I'm so scared and excited at the same time that the possibility of more corporations/institutional investors are getting in bitcoin is just getting more clear, I know that when they get in that the prices are going to go up in a way that some of us might've never imagined but at the same time, I fear that we might see these corporations at the long run, the only group that's circulating bitcoin because the retail investor can't buy a lot of bitcoin anymore or that the market manipulation will just get more rampant.

[Negotiation]

Cryptocurrency has already made its place in the technology world many countries around the world have started legalizing cryptocurrencies like Bitcoin. Many big companies are working with cryptocurrency bitcoin is becoming more popular than ever compared to the last 5 years and its price has increased both in demand and supply. Day by day bitcoin is becoming a powerful currency and many countries around the world are validating bitcoin to develop their economy because there is no impact on bitcoin. Private organizations are thinking about keeping bitcoin safe.

[CageMabok]

They are big difference comparing in five good year's which is coming with big hugs amount of return investment profits that always cause by Bitcoin halving. When the price of Bitcoin keep appreciate and get more scarce by miner reduction.

There is a very big difference between five years ago and now, because it is quite visible in terms of price and many people's assessment of Bitcoin has also changed a lot. Now there are more and more Bitcoin enthusiasts and the level of stability of the price of Bitcoin itself is also very visible, so things like adoption in several countries by shop or restaurant owners are also starting to be seen, which is also a difference in Bitcoin over the last five years. And other new things may still appear in Bitcoin for the next five years.

[Texac]

They are big difference comparing in five good year's which is coming with big hugs amount of return investment profits that always cause by Bitcoin halving. When the price of Bitcoin keep appreciate and get more scarce by miner reduction.

There is a very big difference between five years ago and now, because it is quite visible in terms of price and many people's assessment of Bitcoin has also changed a lot. Now there are more and more Bitcoin enthusiasts and the level of stability of the price of Bitcoin itself is also very visible, so things like adoption in several countries by shop or restaurant owners are also starting to be seen, which is also a difference in Bitcoin over the last five years. And other new things may still appear in Bitcoin for the next five years.

In just 5 years everything has changed dramatically, so how will it change in the next 5 years?  we don't even have to wait another 5 years, there will be even bigger changes in the next bull season.  once the ETF is approved, it will be much easier to promote bitcoin to greater popularity.  once the ETF is approved, we will see more corporations and institutions pouring money into this asset and we will achieve global popularity faster than we think.  Once bitcoin achieves global adoption, the value of bitcoin will increase significantly as demand will exceed supply.

[Essential10]

It is true that Bitcoin is a second-party mechanism for carrying out global transactions, and this will become more so as the value increases. Many people trust this early Bitcoin technology because they believe in Bitcoin. They believe, this technology can be permanent and secure, and they can achieve financial freedom through it. In addition, Bitcoin is a new financial system that is decentralized so that there is no middleman between users. For this reason, people are using Bitcoin with conviction and it is providing them with a financial management compared to the institutional medium. Bitcoin has gained a lot of role in recent years and more administrative and ethical stability is currently being created for this cryptocurrency. This may actually lead to Bitcoin being used by more people in recent years, as well as increasing its usage opportunities.

[Franctoshi]

The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

The answer is capital YES, the demand for Bitcoin by both large and small institutions will continue, and even on the increase rate when compared to what we have seen now as Bitcoin supply gets reduced over time thereby making Bitcoin more scarce.

the price today of Bitcoin is around $21,000, which is a big huge change from the past few years.

Wrong I can't recall seeing the price of Bitcoin trade around $21k as of 27th October 2023, based on the date that you published this thread. However, if you check over the years, according to you five years down here, Bitcoin has done tremendously well in terms of price and hopefully will have a greater price in the future, if we go more five years from here too.

[kingvirtus09]

Well, it's nice to see how Bitcoin has changed in the last 5 years.back in 2017 Bitcoin was around $4000,  and there a lot of speculation if it will be a good ideal of investment.  With the pass years we have seen the up and down with price of Bitcoin nearly $69,000 @ November 2021, the price today of Bitcoin is around $21,000, which is a big huge change from the past few years. Bitcoin have a positive  value, it can also used as and asset.  In the past five years has been a huge growth, however institution that held Bitcoin and investment on it like Tesla , having a amount of Bitcoin on their account. This has brought a huge profit. The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

During the period of 2018, it was very difficult to earn in Bitcoin and cryptocurrency because we were in a bear market period during those times. Then I didn't keep up with the bull run in 2021.

But this year, 2023, the state of the market has been quite good, and of course, I also believe that somehow the profit of cryptocurrency can be established. Especially since we are going back to the bull run season next year because there is also an upcoming Bitcoin halving.

[Natsuu]

Definitely yes. Not exactly the same trend but yes it will continue to increase its value and open opportunities.. The cryptocurrency's acceptance as a valuable asset by both large and small companies indicates a growing trend. While btc is very volatile, its continued integration of Bitcoin into various sectors suggests its significance will likely endure but its still very important to have thorough research. I think everyone is looking forward to it.

[Don Pedro Dinero]

The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

The answer is capital YES, the demand for Bitcoin by both large and small institutions will continue, and even on the increase rate when compared to what we have seen now as Bitcoin supply gets reduced over time thereby making Bitcoin more scarce.

I agree, I think it will gradually become more and more common for companies to have bitcoin on their balance sheet, in the same way that they can now hold shares in other companies or bonds, for example. I don't think they will all become believers overnight, Saylor style, but I think that slowly and gradually more and more companies will do so, in the same way that bitcoin will become more and more used by the population.

[redsun114]

It is a harsh truth and shows how people often take advantage of Bitcoin's ability to respond quickly to changes in the news. Big players are more interested in Bitcoin than in altcoins. This isnt just a chance; i's a well-thought-out strategy based on Bitcoin's rise and its natural ability to generate huge returns.

But ignoring altcoins as chess pieces waiting to be moved on the big board of crypto investments makes me wonder how dynamic market trends really are. Given how circular financial ecosystems are, is it possible that we're not giving altcoins their due credit? A sharp eye might see an opening when the big players dont seem to be interested.

It's just whales that mainly focus on Bitcoin, but I believe mid-level investors always have their eyes on certain altcoins because of the growth potential they carry. A coin priced $10 can go up multiple folds very easily if there is money being poured in it compared to a coin priced $10k which will barely be able to double its price during an uptrend, and this is the biggest reason why some big or mid-level players always have their hands on some altcoins as well.

Many people avoid altcoin investments because of the risks they carry because they know Bitcoin is better in terms of safety since you don't stay worried about it going straight down from where you've bought and even if there are dips and corrections, you know that it will eventually recover again.

[Sophokles]

The way Bitcoin is been used by large and small companies and organizations. Do you think this will continue in the coming years?

If that is what you see and it happens now, then it is absolute that it will grow demand and its adoption.

We'd never think this thing happened because what is in our mind is full of uncertainties but we believe it now that this new technology gives us something new. As the years come by, we can expect more things like this -- and more people gain interest in investing, trading, and using this as a payment option. It is really true that the development and acceptance of the community takes years, not just a single day.

As long as companies, people are using this currency, there's always the possibility that the demand will further increase in the coming years.
Worry if we are seeing that the popularity of crypto market is waning down. That's when you need to seriously look out for what may possibly happen with this technology.
This is why it is safe to say that the number of users today is more than what we had 5 years back. We have seen a lot of people trying to join this market.
Of course, the hope of getting high profits is always there. And volatility factor is one major reasons why people are getting enticed to hold some of this currency.

The technology bitcoin uses hasn't changed much since its launch. So if people are interested in it right now then there is slight chance that the interest will fade away. You are talking about the use of bitcoin by companies which is a positive side but i am not seeing much adoption here. What we are seeing is that some big institutions like microstrategy, tesla etc are taking a large sum of bitcoin out of circulation. Even the biggest asset manager blackrock will do something similar. They will buy bitcoin from the market and offer their holding as a share to their customers. Where is the use of bitcoin in all these? The only use case it is serving is to be used as a store of value.