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Author Topic: We might not be "early" in bitcoin anymore  (Read 114 times)
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Today at 05:42:06 AM
 #1

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.
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Today at 08:47:37 AM
 #2

Bitcoin marketcap right now is around $1.68 trillion. That is massive, it is very huge. Bitcoin is ranked as one of the assets that has the highest marketcap in the world right now as it is in 12th position. That means anyone that is saying that bitcoin is still in its early stage is only deceiving himself or he is deceiving people.

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Today at 08:53:58 AM
 #3

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.

And I think the reason why that statement is usually being said by some Bitcoiners is because they knows and they believe that Bitcoin still have a lot of higher price to reach. Meaning that if someone buys today at $85k per coin and they decided to hold it for 10 or 30 years period, the outcome is that price must have gotten far above todays price and at that time in the future, price won't come down to what it is now.

As for me who is not holding enough Bitcoin that I wished to have, I still consider myself being early, 20-30 or more years from now that's when some people will still be thinking of wanting to invest in Bitcoin, at time, they will be considered later investors by us who has bought now and still buying.

I guess that those oldies (like yourself) that has been buying Bitcoin since 2010 to 2020 will consider people that are buying now as being late to the party, and probably that's how people that are buying now will also consider people that will buy in 2050 as being late too.

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Today at 09:40:19 AM
 #4

We have witnessed this being said for 15 years already
We have witnessed the iconic history of Bitcointalk.
Summary list. The most iconic bitcointalk threads. History on Bitcointalk.

and this might be the only place in the cryptospace where much people declare that we are still early.
Still in the early stages when compared to gold, only 15 years gives an ROI of 1,723,031.72%. Cool

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.
Because the price is already high, it is difficult for people to hold more bitcoins, at least they have enough bitcoins in their possession.

Threads of the past come true.
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
Now towards $100,000.

R


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Today at 09:43:07 AM
 #5

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.

From the perspective of new Bitcoin holders, they could say they’re still in the early stages. But looking at Bitcoin’s statistics—from the circulating supply to the market capitalization, which stands at 1.68 T—and comparing that to the maximum supply, we’re not in the early stages but are heading toward a phase of Bitcoin scarcity. That market capitalization figure is quite large.
I don’t blame those who say we’re still in the early stages—I suspect they’ve only recently started holding Bitcoin—because they’ve already secured a stake in Bitcoin for their future, unlike those who are still skeptical about it.

R


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Today at 10:14:10 AM
 #6

Of course we are not in the early stages of Bitcoin. Maybe people think about the future and say that they are still in the early stages. But in reality this is a wrong idea. Because no one can invest in the present time and make as much profit as in the past and it does not seem that there will be such opportunities in the future. For example, if I am not mistaken, in 2011, the price of 1 Bitcoin was 1 dollar. So if someone had invested in Bitcoin in 2011, they could have made 126,000× profit. So is it possible to make 126k× profit by investing in the present time?

We can say that there are many opportunities now compared to the future. It will be seen that many people will regret the present time at some point in the future.

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Today at 10:16:17 AM
 #7

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.
The only real people that i can see and say that they are holding bitcoin are those on the forum because it takes someone that is an active user of bitcoin to be on the forum and to remain an active members of the forum even when they have a completely whole life outside whatever is happening on the forum. at least we have those that have been holding for four, five to even ten years and are still bullish about bitcoin till tomorrow.

It is not until an investor discloses how much bitcoin e is holding that you will believe that they are not just spewing what they are not doing. As long as you are still at the accumulation phase, your pretty early in your investment journey. it is not always about being part of those that came into the system at the time bitcoin was always valueless. if you were not available at the time you were not available and that phase is long gone and gone for good. we can only make do of what we have come to witness.


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Today at 10:45:32 AM
 #8

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.
The saying that bitcoin is in it's early phase is not an entire fact because with its current market capacity, there is only hope that it would do better in the future which is not 100% certain. BlackRock describes bitcoin as a "maturing asset" with a lot of potentials for the future and that is the belief that most investors have in bitcoin.

Bitcoin is not exactly in its early stage, but compared to traditional assets, it's still young at age 17, and could see a more surprising move in decades to come.











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Today at 11:55:55 AM
 #9

Those who entered Bitcoin 10 years ago are early Bitcoiners, no matter how much Bitcoin they have. But if they entered in Bitcoin from 2020, they are not early people but they are early compared to others who don't know Bitcoin.

We are not in "early" phase of Bitcoin because Bitcoin has been around for 17 years and 9 months. That is mature for a project that's still running today.
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Today at 12:20:41 PM
 #10

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.
Early if you got millions considering just a few multiples will probably be worth it but if you're just a shrimp that thinking it will hit big time, probably just a wishful thinking. I think those who says it are more like altcoin maxis instead. I think it's not rocket science that people will bet on another thing that makes them good return.

So if someone had invested in Bitcoin in 2011, they could have made 126,000× profit. So is it possible to make 126k× profit by investing in the present time?
Impossible, I would say that would be in another coin or probably to some memecoin trades.

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Today at 12:22:11 PM
 #11

That's obvious, but somehow a lot of people still refuse to accept it.

Bitcoin has been around for almost 18 years now, going back to the Genesis Block on 1/3/2009. That's nearly two decade, from zero to $1.7T cap and the 12th largest asset in the world by market cap. And people still say we're early? Come on.

Bitcoin still has plenty of room to grow, no argument there. But it's long past its early stage days. The days when a small amount of money could easily change our life with Bitcoin are long gone.

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Today at 12:23:20 PM
 #12

That’s a speculative statement there’s no certainty in it, you can either believe it or you can decide to take it as just a slogan used by bitcoin investors to encourage newbies that are getting into bitcoin investment. But the way I see it I think the statement hold some truth in it. Watching how bitcoin has grown over the years, you will observe that the price keeps increasing in different circles. If bitcoin maintains that record, in the next 10 to 20 cycles the price would have risen far higher than it is today. Those that are buying today will be considered as being early, compared to those that will be buy by that time.

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Today at 12:24:03 PM
 #13

Look at what Bitcoin has achieved:
  • attracting the attention of institutions and governments;
  • having specific legislation;
  • attempted "assassination" (an attempt to stifle its positive influence);
  • detractors among prominent financial figures;
  • adoption as legal tender;
  • hacking incidents amounting to billions of dollars annually.

Bitcoin is no longer in its early stages, yet opinions remain highly subjective especially when people compare it to the moment they first became aware of it.

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Today at 03:21:15 PM
 #14

Of course we are not in the early stages of Bitcoin. Maybe people think about the future and say that they are still in the early stages. But in reality this is a wrong idea. Because no one can invest in the present time and make as much profit as in the past and it does not seem that there will be such opportunities in the future. For example, if I am not mistaken, in 2011, the price of 1 Bitcoin was 1 dollar. So if someone had invested in Bitcoin in 2011, they could have made 126,000× profit. So is it possible to make 126k× profit by investing in the present time?

We can say that there are many opportunities now compared to the future. It will be seen that many people will regret the present time at some point in the future.

I think two truth can exist in this case, yes we are not in the earliest days of bitcoin because 17 years is not really too small but do we know the number of years that bitcoin can still exist on from today? Most probably outlive most of us or should we compare the years that gold or other physical assets have been in existence? I think if we should do that then 17 years of bitcoin been existence might look  early even from today.

Then we have the price which most people are using as yard stick, yes the volatility has reduce and will most certainly continue to reduce as such anyone looking for even a 100x in the next 17 to 20 years is definitely living a fantasy but we can still say we are early in price because we do not know the peak of bitcoin price in the future.

Most people said the price was too expensive or we are late when it reached $10k only for bitcoin to do a 12x after that which if compared to other assets for investment is a great ROI still

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