Early days, or way down into it's potential?

[CTO114]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

[batang_bitcoin]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Yes.
When bitcoin hit $1k, I remember that many have said that it's already too expensive for them to have. And today, it's $115k, it's also expensive just like the old days. And how much more it will be when the years have passed and it has reached a $1M or even more.
That's why for me, it's still early and the aim before was to have at least 1 Bitcoin. If that's still doable now, do it but if not, lessen it to 0.1 or 0.01BTC.

[Fiatless]

 Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Bitcoin is still young and many people have not heard about it. As awareness and adoption grows Bitcoin use as an asset and currency will keep increasing. I don't think many people predicted that big organization or even government will consider using the coin as a reserve. So in future we might see Bitcoin being used for other financial tools that we cannot imagine. Maybe international financial institutions like the IMF and World Bank will become interested in Bitcoin.

[Ziskinberg]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Not anymore, because regulations are already in place and adoption is strong now. For me, the “early days” were when the government hadn’t touched Bitcoin yet, and people believed it would be big. That was the time when there were huge opportunities to invest since Bitcoin was still cheap.

When Bitcoin first hit $1k, it had already grown more than 100x. But at the current price, I don’t think we’ll ever see it grow another 100x again.

[Cryptohygenic]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

I think I understand your direction, we have only 1.3 millions unmined bitcoins out of 21 millions, so there is no much stepping stones left.
Bitcoin has also come so far proven it potentials just as Satoshi Nakamoto has visioned it as stated in the white paper. So, there is absolutely nothing left to be emphasized. It is already a point of contact to store values with the use case of paying bills, goods and services all round the world while legal tenders has become it now major issues for extra ordinary use case at all sectors.
Bitcoin is no more at it early days as it has existed over 15 years now but Investors can always be said to be early at the adoption anytime anyday as far as bitcoin remains volatile to hold values in the future.

[mirakal]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Bitcoin isn’t at its early days nor in its last days, but more likely it’s already in the middle of its process. Why? Because we are already working towards global adoption, and that seeing those big institutions finally came to trust bitcoin despite of its high risk, is a big proof that bitcoin has already been seen of its huge potentials.

However, those who want to ride with the trend are still so much welcome. But always DYOR first and know the investment well, before risking your hard-earned money into bitcoin.

[Doan9269]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

We are no more longer in the early days for bitcoin, because the early days could be referred to when it was of no value down to when  it starts to increase in value till it worth up to a dollar and more, when it has no much adoption rate, people were not aware of it to an extent and it was not commonly accepted as a payment medium, while as at then no country has made it a legal tender, but now, things have changed to a very big extent that we can't say we are in the early days now, but we should believe that the future has lot to offer us when it comes to bitcoin adoption and it's various opportunities that may follows, nothing new that has not been discovered about bitcoin, we only ha e to understand how we could get positioned for the best we want in it.

[SquirrelJulietGarden]

 Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Since 2009, there are almost 16 years already and Bitcoin is not in its early days now but if you look at Bitcoin total supply that will only appear entirely in 2140, there are many years ahead. With a second view, perhaps Bitcoin has still been in its early days but the other people can think it differently with another different view.

A view of percentage of Bitcoin circulating supply / Bitcoin total supply with a figure is 19.9M/21M ~ 92.86%, it can lead to a thinking that Bitcoin is no longer in its early days.


It's about time as early days or not while about potentiality of growing up more for Bitcoin, I believe it will still have a lot of chance and time for rising more considerably. There are many current people who have yet invested in Bitcoin and there will be more new people, younger who will invest money in Bitcoin in next 10, 20 or 30 years.

[Marvelockg]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Don't know why it is right to look at this phase as one of the early days of bitcoin. with the extent of adoption and how it has almost gone completely mainstream, it does not in any way suggest that bitcoin is in it early days. all the world powers knows about bitcoin and have considered it in one way or the other for adoption. bitcoin has touched all the part of the world and for an asset class that has gone above $120k, it is definately not in it early years.

how far we can go from now is something we can not really tell but assuming that we have a long way to go and hence procrastinating on what one should be doing now is completely to ones peril. the past days of bitcoin has gone and if you werent there, there is absolutely nothing you can do about it, it is just best that at any point you joined bitcoin, you should get all in and continue investing till you have reached whatever goal you have set for yourself.

[melinoe]

Comparatively speaking, Bitcoin is indeed still in its early days when you consider it has many decades of life ahead of it. Definitely not in the 'no value' or 'no adoption' period like a newborn infant, but instead much like a preteen child. 

I would say we are in the middle of the Storm, which will engulf all of us eventually.

BTC is going to always be relevant in the space - thus, it's never late to dig into it.

[BIT-BENDER]

In terms of years Bitcoin is not in its early days, anything above 15 years can't be said to be in its early days. But in terms of potentials I will agree that Bitcoin is in its early days.
And about untapped potentials that should not be for those who have already had knowledge about Bitcoin. You can't have all the resources to do your research and keep asking if Bitcoin has an untapped potential, you are craving for attention.

[dzungmobile]

In terms of years Bitcoin is not in its early days, anything above 15 years can't be said to be in its early days. But in terms of potentials I will agree that Bitcoin is in its early days.
And about untapped potentials that should not be for those who have already had knowledge about Bitcoin. You can't have all the resources to do your research and keep asking if Bitcoin has an untapped potential, you are craving for attention.

Bitcoin is not in early days anymore but after one and a half decade, Bitcoin has been growing so bullishly while its future will continue bullish but likely with slower growth rate than past years and past market cycles.

The bullish case for Bitcoin is a book which helps building up my belief in Bitcoin future. Over years, and more years to come, the Lindy effect will contribute to make Bitcoin stronger while there are other things will contribute to Bitcoin adoption globally, its value and then price must rise unavoidably in long term.

[Solosanz]

I'm surprised with people who said Bitcoin is still early because Bitcoin will cross $1 Million.

Yeah it's a good number, but it's just 10x from the current price, not an outstanding gain. In early days it's easy for Bitcoin to multiply more than 10x just holding for 2-4 years, now have to hold for 4 years in order to see Bitcoin price doubling.

Bitcoin is not yet a common thing, but almost all people now know Bitcoin.

[tabas]

It's still very (repeat 'very') early for Bitcoin. 

BTC at $115k now will be 10x at $1.15 million in the not too distant future, and it will still have multiple doublings remaining in future years after that.

That 10x won't be that much for the others if they're going to look at it. But with the price of what we've got right now, it tells that there's so much future for Bitcoin if they are still not yet boarded and invested. We'd be there with that price in the future but unknown when it will come.

Bitcoin today is equivalent to what Amazon was 10 years ago in 2015.

Or more likely during the time when internet wasn't even known but, started to gain attention of what it can do to businesses.

[pawanjain]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Honestly speaking, I think yes we are still in the early phase of bitcoin and we still have a long way to go.
This is due to the limited supply of bitcoin and it's decentralized nature.
I won't speculate on bitcoin price since it can go to any extend due to it's volatile nature and limited supply.
But since we have come so far, I believe we won't fall down from here.

[Z-tight]

If you compare it with other assets, then yeah it is still relatively recent. There are a lot of people who don't invest in BTC because they trust other investment instruments that have been around for a longer time and they still think BTC is a scam. However, adoption continues to grow, institutional investors are now getting into the network and countries are now setting up BTC as a strategic reserve.

It can obviously only get better for BTC from here on. It is already doing what it was created for, which is to be a decentralized, censorship resistant currency, every other thing is extra.

[Merit.s]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Of course, bitcoin is still in her early days because I don't think that the number of bitcoin adopters is up to 4% of the world population. This shows that bitcoin is still growing and whoever gets on board the ship still have a lot of time to accumulate bitcoin. It's never late for a new bitcoin investor to start his bitcoin journey.

The big institutions and companies just woke up from their slumber and they have started accumulating bitcoin aggressively because they have seen that's a store of value overtime. If you invest now, you will reap the benefits in the future because bitcoin price increases overtime.

[Ultegra134]

Don't know why it is right to look at this phase as one of the early days of bitcoin. with the extent of adoption and how it has almost gone completely mainstream, it does not in any way suggest that bitcoin is in it early days. all the world powers knows about bitcoin and have considered it in one way or the other for adoption. bitcoin has touched all the part of the world and for an asset class that has gone above $120k, it is definately not in it early years.

how far we can go from now is something we can not really tell but assuming that we have a long way to go and hence procrastinating on what one should be doing now is completely to ones peril. the past days of bitcoin has gone and if you werent there, there is absolutely nothing you can do about it, it is just best that at any point you joined bitcoin, you should get all in and continue investing till you have reached whatever goal you have set for yourself.

I agree, something that's valued at $120,000 as we speak can't be in its early days. Bitcoin is still considered a relatively new invention, but it's certainly not in the first stages. I personally believe that Bitcoin is somewhere in the middle, it's approximately a little over 15 years since when it was first introduced, it's not something that appeared the last decade. It still has a long way to go, an unpredictable future if you ask me, because it's not something that we can accurately predict. I do believe that it'll thrive in the next 5 or 10 years, but I certainly cannot call it a new innovation.

[Y3shot]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

Yes.
When bitcoin hit $1k, I remember that many have said that it's already too expensive for them to have. And today, it's $115k, it's also expensive just like the old days. And how much more it will be when the years have passed and it has reached a $1M or even more.
That's why for me, it's still early and the aim before was to have at least 1 Bitcoin. If that's still doable now, do it but if not, lessen it to 0.1 or 0.01BTC.

The reason why I also think Bitcoin is still early is that even with the current price of Bitcoin, there are some people who are yet to know about it, and there are some governments that see Bitcoin as a threat. Bitcoin has not really gained the mass adoption that it is supposed to gain.

People are still getting to know about Bitcoin to understand it and accept it. By the time there is mass adoption and Bitcoin is accepted as an alternative currency, I think this will be the time when Bitcoin is serving its potential and purpose fully. It is still in its early stage; that is why we encourage people to invest in Bitcoin. By the time Bitcoin emerges from its early stage, you won't need to introduce it to people to invest in it, as they will already see the potential of Bitcoin and know what to do.

[Cryptoprincess101]

  Do you still think Bitcoin is still in its early days? Surely there's still an untapped tapestry there to be tapped, somewhat of an unrealized potential.

If we are to make comparison of bitcoin and other world assets i will say that bitcoin is still in the early days but if we are to talk about since it was created and how it has grown, i will say that bitcoin is no longer in the early days, though it is still very much affordable but an asset that have been in existence for over a decade and half now cannot be said to be in its early days anymore.