Post
Topic
Board Speculation
Re: 2013, 2017 bubbles and 2020 bull run
by
KTChampions
on 06/12/2020, 17:11:07 UTC
I agree that mass adoption is progressing very much, but I must note that practically only in one aspect - investing in bitcoin. Now it is very difficult to surprise someone with investments in cryptocurrency, many ordinary people are already doing this and are familiar with this topic.
If we talk about bitcoin as a means of payment, then, unfortunately, progress is much slower.
No surprise and we can even say that people whom do mostly get involved into this market specially with Bitcoin will always matter most of the time about making money and not totally be minding
off with its actual usage which it isnt really surprising because it is just part of human nature to have those kind of motives in mind and reactions towards the market.Good thing here is that
we are really getting some recognition as the years passed.There would be definitely a comparison in regards to the level of awareness and adoption of bitcoin between those years and up to present.
Thing here is that if you do go for long term then current prices wont able to shook you off but if you are on profit side of things then you can tell the difference.

I understand the motives of people and even support them, but we must understand that if there is a new system that works better than the old system, then there must be a gradual replacement of the old system. Is this the case with bitcoin? How many people use it as a payment system (I mean retrospective analysis).