I think about a great opportunity people had miss when Bitcoin was still in a lower price, imagine how many people Bitcoin would have made a millionaire, though by then most people were a bit skeptical about the growth of Bitcoin, if it has a good potential or save to invest.
If people had known Bitcoin will surge this way almost fifty or more percent of world population would have become a millionaire.
I love research, please share you knowledge.
It's always nice to bring the Bitcoin price into perspective by comparing 5 or 10 years ago to today. Even though BTC had a terrible year and is down 65% year to date, we are still up 50% over the last 5 years. Over the last several weeks the number of threads of people asking "is bitcoin going to survive" increased a lot, it feels a bit like people lost confidence in bitcoins. Looking at past prices should calm our nerves even if we didn't buy so cheap. There is clearly a longterm upwards trend in bitcoin. Also thinking back 5 years should help us to decide that it's a good time to buy right now, rather than wait for price to drop to unrealistic low levels. I don't think that the bitcoin price would be the same today if more people bought in 2015. If most people bought their Bitcoin for 400 USD back in the day, why would anybody be buying now at 16,000 USD or 60,000 USD one year ago? Bitcoin wasn't popular back then, which is where the price rise is coming from once all the new investor joined the crypto community.