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
DWOLFBTC / D WOLF
npub1zn…6hk2l
2024-09-24 11:40:19
Author Public Key
npub1znvyq8yk3e9m4gn67y5ndh5tnne3apnqzue56w4panamkzlgd8mqq6hk2lPublished at
2024-09-24 11:40:19Event JSON
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"content": "Basic retail and #bitcoin\n\nMy opinion from Feb 2017 till today\n\nWhen I started Bitcoin hardly mattered to anyone. Roughly $200 a coin off the 1200 all time high from a few years ago\n\nWhen it crossed $2000 for the first time , roughly March 2017 retail weren’t around\n\nBy July ICO and alt coins started to appear, retail and crypto bro interest started\n\nPeaked around November at the $9000 range then got some buyers at 20,000\n\nThen 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 \n\n2022 retail left in droves and have never returned\n\n2024 #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\n\nWhen we hit $100,000 in AUD… it didn’t attract new buyers\n\nRetail 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\n\nBusiness\nPresidents\nCountry’s \nGovernments\nCouncils\nFunds and retirements are all in #bitcoin\n\nBitcoiners will turn on eachother, it’s inevitable, small little pockets already starting to split directions\n\nWhich I think is good, Bitcoin is a lot of different things to a lot of different people\n\nNow…. With retail not returning… you’ve got an open floor to win\n\nIt’s you vs trillions of institutional capital…..\n\nRetail maybe dead, but you’re not",
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