We got everything we wished for in Bitcoin: Why are we still complaining?

[Abiky]

People always want more. 

Bitcoin gave us freedom from banks, protection from inflation, and decentralization. But new problems arose: expensive and slow transactions, storage risks, and regulations. 

We’re not complaining because Bitcoin is bad, but because we want it to be even better 

Regulations are becoming a serious problem. It's okay for governments to have a friendly stance towards Bitcoin. But too many regulations can hinder (or slow down) its growth in the mainstream world. Right now, many governments are adding BTC to their reserves. This is not good for decentralization.

Eventually, both governments and institutional investment companies (BlackRock, VanEck, Fidelity, etc) will own most (if not all) of the circulating supply. What do you think will be of Bitcoin if that happens? These players will be able to "manipulate" it to their hearts' content. If they want to crash it all the way down to $0, they will do so just to undermine people's confidence in it. The majority is only into Bitcoin just to make a lot of money. And this is going to cost them dearly. I'd prefer a slow and somewhat-expensive BTC that's decentralized, than all the other way around. Here's hoping for the best.

[Smack That Ace]

People always want more. 

Bitcoin gave us freedom from banks, protection from inflation, and decentralization. But new problems arose: expensive and slow transactions, storage risks, and regulations. 

We’re not complaining because Bitcoin is bad, but because we want it to be even better 

Regulations are becoming a serious problem. It's okay for governments to have a friendly stance towards Bitcoin. But too many regulations can hinder (or slow down) its growth in the mainstream world. Right now, many governments are adding BTC to their reserves. This is not good for decentralization.

Eventually, both governments and institutional investment companies (BlackRock, VanEck, Fidelity, etc) will own most (if not all) of the circulating supply. What do you think will be of Bitcoin if that happens? These players will be able to "manipulate" it to their hearts' content. If they want to crash it all the way down to $0, they will do so just to undermine people's confidence in it. The majority is only into Bitcoin just to make a lot of money. And this is going to cost them dearly. I'd prefer a slow and somewhat-expensive BTC that's decentralized, than all the other way around. Here's hoping for the best.

Regulation, government involvement, institutions, companies...all of these will harm the decentralized nature of bitcoin. But the question is, do we have any solutions to prevent those things from happening even when we don't like it? Obviously, we can't prevent these things so let's find ways to adapt instead of complaining or criticizing those who are ignoring them because they know they can't change.

I believe everyone realizes and is aware of that, not just you. Like you, do you have any other solution other than complaining? Because in my opinion, continuing to complain does not solve any problem.

[Reatim]

Everything we wished for is happening, yet many people still find reason to complain. Some say, “Bitcoin is too expensive now” or “Institutions are ruining it”. But was mass adoption not always the goal?

we are not yet really at the time of mass adoption the governments buying are holding it for profit not encouraging everyday use we are trying to find ways where bitcoin can be used for everyday transactions in possibly most countries

a few countries only has approved and welcomed bitcoin publicly despite the noise and the hype

Are we just naturally never satisfied, or is there something else?

there is a difference between complaining all the time and hoping for better future those who are complaining are probably just searching for profit while those who are seeing the problems of how society treats bitcoin only wants bitcoin to be true to its nature and its purpose and for that purpose to be realized by everyone

[davis196]

1. Government to stop fighting Bitcoin: Today we have Bitcoin presidents (Bukele and Trump)
2. Bitcoin to be legalized: Today bitcoin is a legal tender in El Salvador.
3. Bitcoin to be recognize by institutions: Today, we have Bitcoin ETF and even USA is keeping Bitcoin reserve.
4. Bitcoin to reach new all time high → Now, Bitcoin have pass $100,000.

Maybe you should update your knowledge about Bitcoin still being a legal tender in El Salvador.
Who is complaining about the current state of Bitcoin? I'm not complaining and I don't see any hardcore Bitcoiners complaining.
The last several years have been a great time for Bitcoin and there's nothing to complain about.
The people, who are complaining about Bitcoin are the Bitcoin/crypto haters. I still keep seeing the "Bitcoin is a bubble that will burst soon" type of comments here and there. Maybe the haters are right. Bitcoin might really be a bubble, but what isn't a bubble in modern day finance. Stocks are a bubble. Real estate is a bubble. Everything is a bubble.

[SuperBitMan]

Those who are still complaining about Bitcoin really don't understand how Bitcoin investment works, those who understand how Bitcoin works will never complain about Bitcoin, there are some newbies into Bitcoin investment that always complain about Bitcoin dip and the reason for that is because they don't understand anything about the history growth of Bitcoin those with the knowledge of Bitcoin growth will not complain of any dip.
Those who are still complaining about high price of Bitcoin are not ready to invest in Bitcoin because what ever price Bitcoin is now will grow pass it in the future let's remember there was a time when Bitcoin was $5k and now Bitcoin is $83k meaning that if you invest now there's every possibility that Bitcoin can hit $200 or even $1 million so why will someone be complaining that Bitcoin is high in price or do they think bitcoin will remain in this current price for ever, for me what is causing all this different complain is lack of understanding about what bitcoin is really all about, if you want to go into Bitcoin investment please seek knowledge about Bitcoin try to understand everything very well.

[pinggoki]

The complaint is that bitcoin is still on the back burner, not on the forefront and it keeps getting treated like it's just one investment avenue for the government when there's the utility and potential being presented already and has been proven already. There's also the fact that there's no care for politicians with bitcoin, any kind of protective regulation to help out hodlers didn't even pass through their heads as an idea because they think nothing more of bitcoin other than an alternative investment. That's why there are still a lot of complaints, people in power still couldn't care less about bitcoin, now imagine if they do care, the price of bitcoin right now would seem too small for many of us once a global adoption of bitcoin happens.

[SquirrelJulietGarden]

The complaint is that bitcoin is still on the back burner, not on the forefront and it keeps getting treated like it's just one investment avenue for the government when there's the utility and potential being presented already and has been proven already. There's also the fact that there's no care for politicians with bitcoin, any kind of protective regulation to help out hodlers didn't even pass through their heads as an idea because they think nothing more of bitcoin other than an alternative investment. That's why there are still a lot of complaints, people in power still couldn't care less about bitcoin, now imagine if they do care, the price of bitcoin right now would seem too small for many of us once a global adoption of bitcoin happens.

People always complain because there is no perfect thing to satisfy human. They want something better, they will complain, it's human instinct.

In any market, there is another thing, it's a zero-sum game and there are losers and winners in a same market. So you never have all happy people as winners in a market because the fact is there are losers who are unhappy and have many things to complain. Their complains come from their losses that are not because of Bitcoin technology and design.

People can change themselves and turn from losers to winners and stop their complain. Otherwise they will complain about Bitcoin forever until they exit this market.

[pinggoki]

The complaint is that bitcoin is still on the back burner, not on the forefront and it keeps getting treated like it's just one investment avenue for the government when there's the utility and potential being presented already and has been proven already. There's also the fact that there's no care for politicians with bitcoin, any kind of protective regulation to help out hodlers didn't even pass through their heads as an idea because they think nothing more of bitcoin other than an alternative investment. That's why there are still a lot of complaints, people in power still couldn't care less about bitcoin, now imagine if they do care, the price of bitcoin right now would seem too small for many of us once a global adoption of bitcoin happens.

People always complain because there is no perfect thing to satisfy human. They want something better, they will complain, it's human instinct.

In any market, there is another thing, it's a zero-sum game and there are losers and winners in a same market. So you never have all happy people as winners in a market because the fact is there are losers who are unhappy and have many things to complain. Their complains come from their losses that are not because of Bitcoin technology and design.

People can change themselves and turn from losers to winners and stop their complain. Otherwise they will complain about Bitcoin forever until they exit this market.

Yes you are correct that there are losers and winners in the market but from what I can understand from what OP meant is that the complaints from the fact that bitcoin is still not that widely recognized which I can support because I think that bitcoin needs the recognition that it deserves, the price will just follow as soon as bitcoin becomes even more popular. In regards to people complaining about the market, my guess is that some of them has their brain wired that way because it eases the loss when you can complain and blame other stuff, at least that's what I believe is the reason why they complain because I'm like that sometimes.

[Gaza13]

Everything is new and changing in terms of policy, both in the old and new governments in regulating digital-based financial regulations in the future. But what I think right now for the current problem is not about the progress of BTC adoption which is already good so that many people still think and complain, but because many of them are still betting on allocating their assets to other than BTC and when the market is corrected, of course it will greatly affect the movement of their asset values.

If those who are still complaining and calculating where to put in their assets other than Bitcoin do not conclude yet before the market correction started they will not be affected by the market and their assets will not reduce rather some of them will consider it as a sign not to invest and if they have invested since they where afraid from the beginning they will be upset base on how their portfolio will drop but such person are never supposed to be investors since they are not fully ready for what the market brings.

Yes, of course everyone wants to get profit in investing but most people are wrong in choosing their assets, this is what makes them continue to complain because the price increase never comes. This kind of understanding should be directed to the right path, that the investment requires a long term to see the results of your investment, and that the price fluctuations that occur are something that is normal in investment. If they already have experience from their investment, of course they are not worried if there is a decline. That is the importance of understanding first before you start it.

I think you shouldn't waste your energy by buying assets other than bitcoin, buy assets that already have good fundamentals like bitcoin, I don't think there are any assets that can match its benefits other than bitcoin, Buying during a correction is not a guarantee that the asset will increase in the future as we know that the market is difficult to predict where it will go. There are many factors that affect the price of bitcoin, hold it as long as you can in the long term and you will definitely get the benefits from the asset.

[Slimzeee]

The biggest need of man is constant change, and I don’t think there will ever be a point when people settle down and say, “This is the end of it.”
If it is a legal tender in El Salvador, I would like to ask, how many countries are there in the world?
How many presidents do we have compared to the two names mentioned?
Do you also mean you can walk into any store or shopping outlet and pay with BTC?
Yes, I believe there is progress, but there is still more work to be done nonetheless.

[SquirrelJulietGarden]

I think you shouldn't waste your energy by buying assets other than bitcoin, buy assets that already have good fundamentals like bitcoin, I don't think there are any assets that can match its benefits other than bitcoin.

You waste your time, energy and more important your capital for buying other cryptocurrencies but ignoring Bitcoin.

Buying during a correction is not a guarantee that the asset will increase in the future as we know that the market is difficult to predict where it will go.

Predictions are almost inaccurate but Bitcoin is strong and after a correction, it very likely bounces back. Will you get profit after buying a dip? It depends on your profit target that if is humble, will very likely bring your profit. If your target is too high, you might miss many chances to take profit with market bounce, recovery, and if price falls down again, falls deeper than your entry, you will have loss.

There are many factors that affect the price of bitcoin, hold it as long as you can in the long term and you will definitely get the benefits from the asset.

Invest in Bitcoin, hold it long term, ignore price change in a market cycle by considering your investment is for longer than 1 market cycle, like up to 2 or 3 market cycles, you will see investment is more easily.

Each day, week, month or year, price can be very wild and volatile, can make you stressful and painful with trading or observing Bitcoin price, but if you look at very wide timeframe like yearly, you would feel it very comfortable.
https://charts.bitbo.io/yearly-candles/

[Smartprofit]

However, people are worried about certain events. For example, recently, the miner fees have been very low. On the one hand, this is good - you can make transactions and pay minimal fees.

However, on the other hand, this is very bad - it means that the first cryptocurrency is not in demand.

People like Michael Saylor advocate centralized storage of Bitcoin. This leads to the fact that the number of transactions on the network decreases, and the principle of decentralization of Bitcoin is violated.

You write about the adoption of Bitcoin by institutions. However, institutions do not like real Bitcoin. They prefer to issue derivatives and trade them. However, derivatives, that is, paper Bitcoin, devalue the very idea of ​​​​real Bitcoin.

All this makes us all afraid that the first cryptocurrency is now in big trouble. Bitcoins only make sense if decentralization is preserved in the field of mining, in the field of storage and in the field of development.

If the principle of decentralization is significantly violated, then the first cryptocurrency will lose its fundamental value.

[moneystery]

.....
Everything we wished for is happening, yet many people still find reason to complain. Some say, “Bitcoin is too expensive now” or “Institutions are ruining it”. But was mass adoption not always the goal?

bitcoin holders certainly continue to hope for the best in bitcoin, there is no such thing as enough, of course the holders hope that bitcoin can continue to grow more than what it is now. and i also feel that what bitcoin has achieved is not much, there are still many things that bitcoin can achieve in the future, like that has not been accepted by more people globally-- because now it is still just the beginning, i am sure that bitcoin can grow even more in the future.

[Dr.Bitcoin_Strange]

Wishes can be unlimited, mate, if people are complaining, they are actually complaining for things that matters and also complaining to create awareness for what they figured out could be a problem in the near future. The fact that the US President (Trump) claims to be friendly with Bitcoin, it doesn't mean that they are not still trying  to centralized Bitcoin. You said people have wished for the price is o skyrocket and now price has surged past $100k and yet people will complain because they need to make more profit. When you get to level 1, you will probably want to step up to level 2. That's how it goes on.

[crwth]

I believe there is an imbalance where people want to buy more, but when the price tips, they feel like it will not go up anymore, and that’s just making it seem like a bad idea. It’s always going to be like that with our nature. I think it’s better to have your approach and not check what other people are doing.

It’s better to be satisfied with what we have and what bitcoin has become.

[Pablo-wood]

Humans always wants more, even if Bitcoin should start a rally now towards $200k and hits the price people will still want $1m within the same interval. Sometimes it's the greed in humans that triggers their perspective towards what the want and because it's fuelled with greed they never get satisfied.

Bitcoin is a promising asset and it doesn't just rush it processes. If we learn to follow the asset patiently and accept what it has to offer at every point in time we will limit our losses and stay at a positive end. Trumps decision wasn't meant to boast bitcoin or crypto prices but to create a future for the revenue of the States.

[hyudien]

Everything is new and changing in terms of policy, both in the old and new governments in regulating digital-based financial regulations in the future. But what I think right now for the current problem is not about the progress of BTC adoption which is already good so that many people still think and complain, but because many of them are still betting on allocating their assets to other than BTC and when the market is corrected, of course it will greatly affect the movement of their asset values.

If those who are still complaining and calculating where to put in their assets other than Bitcoin do not conclude yet before the market correction started they will not be affected by the market and their assets will not reduce rather some of them will consider it as a sign not to invest and if they have invested since they where afraid from the beginning they will be upset base on how their portfolio will drop but such person are never supposed to be investors since they are not fully ready for what the market brings.

There are various investor behaviors, especially those who are struggling to become long-term bitcoin holders. For example, novice investors, the struggle process is clearly the first step in every decision. Not ready for a decline, seeing a minus balance in the wallet, the market giving a response that is not as expected and all of that will provide many important lessons that patience and confidence can provide strength. And now it is proven that large institutions, governments and even heads of state are eyeing bitcoin. If the investor survives until this point, it is an extraordinary achievement for him.

[osasshem]

There was a time when we all pray for Bitcoin to be accepted, to stop being attack by governments, and to reach new heights. Back then, we wanted:

1. Government to stop fighting Bitcoin: Today we have Bitcoin presidents (Bukele and Trump)
2. Bitcoin to be legalized: Today bitcoin is a legal tender in El Salvador.
3. Bitcoin to be recognize by institutions: Today, we have Bitcoin ETF and even USA is keeping Bitcoin reserve.
4. Bitcoin to reach new all time high → Now, Bitcoin have pass $100,000.

Everything we wished for is happening, yet many people still find reason to complain. Some say, “Bitcoin is too expensive now” or “Institutions are ruining it”. But was mass adoption not always the goal?

Are we just naturally never satisfied, or is there something else?

I believe you must have come across the saying, human wants are insatiable. When one thing that is being needed is gotten, then wants starts crawling in, and that is the one that doesn't end. From one desire to the other.

Everything we wished for in the crypto industry happened and is happening, more demands and desires will start growing in as well. If man was satisfied at the early day, we would have remained in the stone age. Man is created to develop from one stage to the other, and that is where the numerous desires comes from. 

[YOSHIE]

Are we just naturally never satisfied, or is there something else?

In life the problem remains as well as the thinking of the pros and cons is a part of human life, correction after correction continues, not only in the Bitcoin system, in the government, such situations still exist.

What you need to understand is a government that opposes the other ten bitcoin that supports, it is a fact and that has been going on for years since Bitcoin in the family in the market publicly, do not panic, bitcoin remains in its value when it must happens, just try to contemplate from the price of bitcoin worth a few dollars, we have seen the price of Bitcoin $ 100k marked Bitcoin is fine until all time, let certain governments oppose Bitcoin, after all they can't do anything but grumble.

You have to think positively and stay in your establishment of Bitcoin, your goal is meaningful, investment or trade, you will see the value of Bitcoin ahead of $ 300k believe that.

[justdimin]

I believe there is an imbalance where people want to buy more, but when the price tips, they feel like it will not go up anymore, and that’s just making it seem like a bad idea. It’s always going to be like that with our nature. I think it’s better to have your approach and not check what other people are doing.

It’s better to be satisfied with what we have and what bitcoin has become.

I can see why that would feel as if we have enough. However, wanting more isn't really the way to move forward. If you really want to buy more, then you should want to buy more at any price, you shouldn't really worry about anything else, if you keep worrying then you are not going to be making much profit from it. Obviously you are going to get a great result from this if you know what you are doing, but you won't be getting an easy choice here, it won't be that simple.

What we have at the moment is a "crash" of sorts, but we can recover, so if you are going to buy at 100k because it looks like it is going up, then why not do it right now, so that you can profit by the time you already want to buy it.