DWOLFBTC on Nostr: Basic retail and #bitcoin My opinion from Feb 2017 till today When I started Bitcoin ...
Basic retail and #bitcoin
My opinion from Feb 2017 till today
When I started Bitcoin hardly mattered to anyone. Roughly $200 a coin off the 1200 all time high from a few years ago
When it crossed $2000 for the first time , roughly March 2017 retail weren’t around
By July ICO and alt coins started to appear, retail and crypto bro interest started
Peaked around November at the $9000 range then got some buyers at 20,000
Then it went quiet until 2021 where every retail participant was in! It was easy to recruit, easy to spread the news and #bitcoin finally had its MOMENT
2022 retail left in droves and have never returned
2024 #bitcoin is not a popular subject with friends or family, civilians hate it in majority or from Australia’s perspective… literally don’t care about it
When we hit $100,000 in AUD… it didn’t attract new buyers
Retail won’t return…. #bitcoin has become to complicated, to complex and a lot of messing around to buy it…. It’s not fun or attractive
Business
Presidents
Country’s
Governments
Councils
Funds and retirements are all in #bitcoin
Bitcoiners will turn on eachother, it’s inevitable, small little pockets already starting to split directions
Which I think is good, Bitcoin is a lot of different things to a lot of different people
Now…. With retail not returning… you’ve got an open floor to win
It’s you vs trillions of institutional capital…..
Retail maybe dead, but you’re not
My opinion from Feb 2017 till today
When I started Bitcoin hardly mattered to anyone. Roughly $200 a coin off the 1200 all time high from a few years ago
When it crossed $2000 for the first time , roughly March 2017 retail weren’t around
By July ICO and alt coins started to appear, retail and crypto bro interest started
Peaked around November at the $9000 range then got some buyers at 20,000
Then it went quiet until 2021 where every retail participant was in! It was easy to recruit, easy to spread the news and #bitcoin finally had its MOMENT
2022 retail left in droves and have never returned
2024 #bitcoin is not a popular subject with friends or family, civilians hate it in majority or from Australia’s perspective… literally don’t care about it
When we hit $100,000 in AUD… it didn’t attract new buyers
Retail won’t return…. #bitcoin has become to complicated, to complex and a lot of messing around to buy it…. It’s not fun or attractive
Business
Presidents
Country’s
Governments
Councils
Funds and retirements are all in #bitcoin
Bitcoiners will turn on eachother, it’s inevitable, small little pockets already starting to split directions
Which I think is good, Bitcoin is a lot of different things to a lot of different people
Now…. With retail not returning… you’ve got an open floor to win
It’s you vs trillions of institutional capital…..
Retail maybe dead, but you’re not