We might not be "early" in bitcoin anymore

[EarnOnVictor]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

Perhaps, you should be clearer next time. Is it overall Bitcoin price measure, or the start of a new bullish phase? I can see people answering them with confusion of both.

Either way, nothing is early anymore. Bitcoin is big enough in overall price, and everyone knows that with the way it's now expensive and its refusal to drop beyond measure. As for the next bullish phase, I believe the preparation has already begun. It's not going to hit $60,000 again until the next full bullish season is reached.

[Ishicryptic]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

The skeptical me is thinking that these people here are not holding much bitcoin or they are only wishfully hoping that it is still early.

Every Bitcoin investors stance whether we're still in it's early phrase or not after approximately 15 years depends on individual perspective towards it, an investor who is believing that Bitcoin would reach $1,000,000 in the next 10 years would consider now as still early. Those that are holding it as a store of value and a hedge against inflation would mostly not be bothered about whether we're still early or not, their main focus is that they are holding an asset that is decentralized with limited supply that has proven that it can sustained it's value in the future. I would say that Bitcoin has done tremendously well if you're looking at it's market cap considering that it is a relatively new creation so either you think that we're still early or not doesn't change what Bitcoin is and it's potentials to reach ATH.

[Texac]

Every Bitcoin investors stance whether we're still in it's early phrase or not after approximately 15 years depends on individual perspective towards it, an investor who is believing that Bitcoin would reach $1,000,000 in the next 10 years would consider now as still early.

Bitcoin still having plenty of upside doesn't mean we're still in its early days. If expecting more upside is all it takes to call yourself an early adopter, then that logic works at any time.
Even if BTC hits $1m 20 years from now, would people buying at that price still be early adopters just because they believe it can go to $10M?

Those that are holding it as a store of value and a hedge against inflation would mostly not be bothered about whether we're still early or not, their main focus is that they are holding an asset that is decentralized with limited supply that has proven that it can sustained it's value in the future.

For an asset to count as a store of value or inflation hedge, it has to prove itself to the world first, and that takes time, a lot of it.

Having the same properties as other stores of value on paper doesn't make it one by default. Bitcoin took 17 years to prove that.

I would say that Bitcoin has done tremendously well if you're looking at it's market cap considering that it is a relatively new creation so either you think that we're still early or not doesn't change what Bitcoin is and it's potentials to reach ATH.

Bitcoin still has plenty of upside and could hit $1m. But again, having that much upside doesn't mean we're still early.

[Juicyhome]

To me when people said bitcoin at this stage, is  still early stage, I agree with them,  they're are not discrediting the growth of bitcoin,  bitcoin is just 17 years old and has gained over $1.64 trillion market cap. Now imagine bitcoin at 59 years or 30 years then you will agree that bitcoin is still at the early stage. Now that we still have the opportunity to buy and hold bitcoin at this stage buy because it will be very hard for thr next generation to buy bitcoin because of the price.

As today bitcoin is $81k, imagine bitcoin hitting $5k in 30 years , won't you accept that bitcoin was still at it early stage in 2026?, own bitcoin today for a greater future,  bitcoin is the future of money, having is a must,  your children will be proud you buy in the early stage for them. Many children will be mad to parents that didn't hold bitcoin for them  when bitcoin is still at $81k now, tomorrow it will be expensive for the children to buy.

[free-bit.co.in]

I believe the term early has multiple interpretations depending on which early we are referring. The era of Bitcoin being an unknown experiment is over and to imagine that the same returns would be found is a dream that can no longer be realized. But its price gains aren't the sole measure of its potential going forward. Its role could continue to grow in countries where financial services are not widely available with. Its use in payments and savings becoming more common in everyday life. The bigger issue is whether it can continue to increase from this point rather than just that we came late. While Bitcoin might still have potential. It doesn't mean futures profits are guaranteed.

If we're talking investment. We're obviously not early anymore. Getting rich off it like the early adopters did? That ship has sailed. But in terms of adoption, we may still be very early. As you said, Bitcoin could see wider use for payments and savings, while becoming more deeply integrated into TradFi.

That said, I think what most people care about more, and what this discussion is really about is investing. Some think Bitcoin is still early because they see massive upside ahead. But they're mixing up two different things. Price going up doesn't mean we're still early.

[philipma1957]

We have witnessed this being said for 15 years already and this might be the only place in the cryptospace where much people declare that we are still early.

Perhaps, you should be clearer next time. Is it overall Bitcoin price measure, or the start of a new bullish phase? I can see people answering them with confusion of both.

Either way, nothing is early anymore. Bitcoin is big enough in overall price, and everyone knows that with the way it's now expensive and its refusal to drop beyond measure. As for the next bullish phase, I believe the preparation has already begun. It's not going to hit $60,000 again until the next full bullish season is reached.

Well spacex is early it was 135 it is now 147

it is under a year old.

So if early has any meaning spacex is a clear choice over BTC

[bbc.reporter]

I think it is definitely still totally fair to say Bitcoin is still in its early stage of adoption.

Hehehehe yes, and this is the source of the argument. It has been 15 years already and much of the people on this forum still say it is still very early hehehe.

I reckon if someone has joined bitcoin this year, he is late already.

saying it's already too late is a bit much, but we're clearly past the early stage, both as an investment and in terms of adoption.

it's been 18 years now, and bitcoin is no longer some obscure asset known only to a small community. almost everyone has heard of it a few times by now.
sure, plenty of people still don't own or use bitcoin, but that doesn't mean we're still in the early stages. and having room to run isn't the same as it being early to get in.

I would declare that it is very much late on the argument that we small minnows will not get rich by having a small investment on bitcoin and also on the argument that the institutional investors have came in already.

This is not anymore a market similar to what it was on 2012-2017. If much of the people in this forum argues that bitcoin is a good investment because it is still early, I reckon this is a headshaking assumption. On that argument, it is not anymore early and if someone will tell you this, do not listen to this person especially if he is a bitcoin maximalist!