As someone that was around back then: there was always discussions and massive bullish sentiment regarding the future of bitcoin. Everyone knew something was coming, but I think nobody really knew just how fast it would come. Everyone would talk about 20 - 30 years down the line, not within the next 5 - 10. The growth has been massive in such an incredibly short period of time, and so many people were just not expecting it and were fine with selling off some bitcoin or using it as an actual payment option (I know I did that a lot and I don't regret it either, it's what it was made for).
Bitcoin wasn't seen as an investment in those much earlier days, the use of it as a currency and remaining decentralised and anonymous were forever at the front of it all, price was something that came after, though naturally that changed with popularity.
Interesting take. I have been here for about 3years and its obvious the sentiment about bitcoin has changed over time. I have no doubt it will increase in price and no one knows how high (or low) it will go.
People hold bitcoin for different reasons. Some for the fundamentals, others for the gains. Whatever the case might it is important to what you want.
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At this point the main reason is it's seen as an investment. It's just to make more fiat money. Nobody truly believes in the tech or what it has to offer now, which is evident by the ICO/premine coins that become huge these days with big central authorities running them.
You definitely joined when the sentiment had really changed. If you're interested in the more original perspective of it all people had, check out the documentary The Rise and Rise of Bitcoin from 2014. Most of the people in that documentary hold those original beliefs and it's quite interesting to see how much things have changed.
Actually, even the trailer shows that:
After watching that trailer, this dude gets it.
Did you enjoy your pizza? 😀
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