What effects, both positive and negative, does the fact that a substantial proportion of people that invest or get involved with Bitcoin in the first place, have the intention of making profit in a fiat currency as their primary objective? There are many people who do not fall within this category and many, who start in this manner, that then take on other ideals and ambitions. There are also many who want to "cash in, cash out".
I can answer with my own experience here.
At first, to be honest, I'm for money only or profits. Since I discover Bitcoin while I am making money on the internet. So that's the time I can see Bitcoin.
But after some time, I started to learn what really Bitcoin is like it's just not a normal mode of payment. And the technology behind is superb. So my thoughts or goal with Bitcoin started to divert, that's time I am starting to accumulating Bitcoin and deciding to hold Bitcoin for the long term.