Cryptocurrency specifically Bitcoin has come through a journey that wasn't an easy one.
I remember when I heard of Bitcoin back then probably in 2012 when its prices had soared and we would listen to a story of a guy building a beautiful house at the beach selling Bitcoin on a high as he bought Bitcoin earlier.
Those were the days when I felt like Bitcoin was expensive for me to buy and also I didn't buy it probably because of its price performance in the future.
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Now, there may be some who became millionaires with Bitcoin by holding it in their wallets. It looks like they are rewarded for putting their trust in Bitcoin and the new technology behind it.
Laszlo Hanyecz may have then regretted scratching his head later after spending 10,000 Bitcoin to purchase two Papa John鈥檚 pizzas. He may have wished to hold Bitcoin rather than buy pizza with it.
But that's life. Who would have known Bitcoin would come to this point where it would be valued in thousands of dollars.
This is people's mentality. After every price spike, they regret not buying it before.
Bitcoin the pioneer of the crypto industry, has become more stronger over the years with the growing number of people joining the force.
Now, we have thousands of cryptocurrencies in the market and the crypto community is in millions and growing. The crypto market cap was above $3 trillion dollars at some point.
And then later, we saw some authorities cracking down on the crypto industry in their country because they saw it as a threat to their economy.
Bitcoin and Cryptocurrency have been through a long journey which wasn't easy and if the community stood by it through tough times, it may continue to grow.
What are your thoughts?
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