The confidence of the present bitcoin investors.

[MainIbem]

After seeing Bitcoin get to the current ATH i don't think there's any Bitcoin believer who's confidence won't grow stronger, that's a figure many people doubted but it did and gave many critics a shocker and many Bitcoiners were like, if Bitcoin could get to that height then there's a potential to go higher. Also, you can see how it's holding a strong resistance to drop lower than $60-50k, that's another reason for people to be confident that Bitcoin won't crash but would do a higher number than we could imagine when the bull season comes. Bitcoin has given people mkre reason to strongly believe in it than it did to early investors.

[GiftedMAN]

The confidence of the present Bitcoin investors is still the same as other investors that have been investing in Bitcoin for a long time. The main reason why a lot of people that have been investing in Bitcoin for a long time is because they have lots of reasons to be confident in investing in Bitcoin and on Major reason is because of the fact that Bitcoin was at a low price years ago but now and looking at where it was few years ago and where it is today it means that within a few years it has the capacity to increase significantly.

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space. Then I don't think we had the number of investors we have now because fear was in the mind of so many people and they believed that Bitcoin is scam but after so many years of proving people wrong and the early investors had benefited from their investments the new age investors are not longer afraid cause they have so many reasons to believe in Bitcoin seeing so many investors of old who had already done great things from the profit they made.

[Derekfunds]

After seeing Bitcoin get to the current ATH i don't think there's any Bitcoin believer who's confidence won't grow stronger, that's a figure many people doubted but it did and gave many critics a shocker and many Bitcoiners were like, if Bitcoin could get to that height then there's a potential to go higher. Also, you can see how it's holding a strong resistance to drop lower than $60-50k, that's another reason for people to be confident that Bitcoin won't crash but would do a higher number than we could imagine when the bull season comes. Bitcoin has given people mkre reason to strongly believe in it than it did to early investors.

Exactly, apart from the new all time high (ATH) so many years ago Bitcoin was barely $500 and then all of a sudden Bitcoin had a huge surge still proving people wrong that it is not like every other asset out there that doesn't have value. Honestly, I don't know what people want to see before they will see how good Bitcoin is to store their Fiat instead of keeping it in the bank. The consolidation around $60k is very serious but there is going to be a break out soon and it will be uptrend because of where the price came from.

[iBaba]

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There is much stronger confidence in bitcoin now, but let not forget that we can not compare the knowledge investors had then with today. Back then nobody even knew if bitcoin will survive or become what it is today.
Laszlo pizza story is a perfect example, with what bitcoin is today how could he spend 10,000 bitcoins on two pizzas. But that time bitcoin had very little value and there was no guarantee it would be come asset people want globally and the same applies to people who sold early just to pay bills.

So they probably made decisions based on the information that gets to them at that time, because today we more history and evidence to study and it makes it easier to have confidence. But still that does not make bitcoin risk free, the difference is that investors have the advantage to look back the bitcoin history behind them

[Obim34]

No, I think you are getting it all wrong here, you can't compare the confidence of then investors to now investors because a lot has changed over the years and Bitcoin has gained more adoption and a lot of investors has flooded the space. Then I don't think we had the number of investors we have now because fear was in the mind of so many people and they believed that Bitcoin is scam but after so many years of proving people wrong and the early investors had benefited from their investments the new age investors are not longer afraid cause they have so many reasons to believe in Bitcoin seeing so many investors of old who had already done great things from the profit they made.

Bitcoin started on a rough edge, let's imagine this is a forum, not basically a Bitcoin focused forum, and for example, a new crypto comes out with a very good utility, and it becomes popular in the forum, out of thousands of viewers visiting the forum, probably 1/10 are the only set of people that will pick the idea of buying, by the time the crypto begins to pump and those 1/10 are making tons of profits, the number begins to increases and more people will make up their mind to invest because there has been prove, Bitcoin not only came with a one time prove, it came with proves that are already lasting over decades.

[Tonimez]

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There is much stronger confidence in bitcoin now, but let not forget that we can not compare the knowledge investors had then with today. Back then nobody even knew if bitcoin will survive or become what it is today.
Laszlo pizza story is a perfect example, with what bitcoin is today how could he spend 10,000 bitcoins on two pizzas. But that time bitcoin had very little value and there was no guarantee it would be come asset people want globally and the same applies to people who sold early just to pay bills.

So they probably made decisions based on the information that gets to them at that time, because today we more history and evidence to study and it makes it easier to have confidence. But still that does not make bitcoin risk free, the difference is that investors have the advantage to look back the bitcoin history behind them

The confidence we're enjoying today in bitcoin was worked for by these founding fathers and pioneers who dedicated all their life and earnings to publicize bitcoin. Make no mistakes, Laszlo was never stupid, he was intentionally pushing for the acceptability of bitcoin when no one really cared. The sacrifices were what built the confidence we're enjoying today. We believe in the long-term because these people have gone through this process and if bitcoin had failed, no one will be here today. So I will give their their flowers because it's not easy to believe in a coin that received the least acceptance among the public when everyone saw it as a scam project.

The history of bitcoin cannot be told without mentioning the people that supported it all these years, if bitcoin had not proven to stand the test of time, no body will be confident in it and no body will be investing his hard earned money in a venture where he is not sure to regain his money.