This is the first time am learning about the Lindy effect, and there is a level of merit to its concept. People are wont to trust an idea or technology which has stood the test of time, only the very daring investors take the risk with an untested protocol.
Bitcoin has survived over the years, and is now garnering support from those earlier dismissed it

I wouldn't bet too much on the Lindy effect as I haven't found any empirical evidence that supports it or that such concept really works all the time. Though I wouldn't discredit bitcoin from overcoming several crucial threats to its existence or influence, I still don't see how this endurance from bitcoin has something to do with the Lindy effect. If for example there comes something that's much better than bitcoin, the influence it has could easily crumble and crash in just a short span of time, though there hadn't been a single contender yet.

40 years ago, when I was a 10 years old child, my mother (who is an MD and worked 56 years for a State Pension of 750 Euros/month) was bringing home on September a BIG crate of apples, for us to eat in the comming winter. I do remember that there were winters were we had 2 crates of apples (not one). We were eating the apples one by one in the winter and in January we were trying to find if there were apples remaining to be eaten.
 A day ago I went to buy food at the near supermarket and I bought 10 apples. There were about 100-200 kg of apples there, for every person to buy.

 Now and then someone is telling a big truth on the internet, 6 months ago I read this "If one wants the production to grow, if one wants the economy to be prosperous (to grow its production), one has to reward these people that work in this economy and make these products." Today we are 40 years from that moment in time when we had a crate of apples to eat for the winter. We have now hundreds of crates of apples to eat for the winter. This is GOOD for everyone and some of this BIG production happens because of bitcoin.

Bitcoin is money to pay any person in this world in minutes for that apples to arrive at you. Those working for these apples are rewarded, and thus they will make everything possible that the next year production to be bigger. If you want to buy a home somewhere in other country, bitcoin is money to pay those people to build your home.

In the next 20 years bitcoin will be good to pay for many thinks that one desires to buy.




  



  

Who determines the legal progress? I guess bitcoins is here to eliminate the centralized philosophy but to establish the mass people.

+2 merit for you to add a new dimension for Bitcoin

We are the pioneer of this marathon and we still just started it. We have long way to go and I hope we with our next generation will be able to enlighten the concept, the technology.

Thank you.

There has been a steady rise in the market capitalization over the past years, if there is to be a pattern, 2019 should at some point surpass the previous market cap. That is unlikely to happen looking at the current trend, and the market does not follow patterns.
The next Bitcoin halving would significantly affect the market, hopefully we reach a new support level.

bitcoin has been growing constantly and with a very solid foundation. everything else you hear about it is just noise that is lost in the vast background of bitcoin. and it is not about the price or other silly characteristics such as market capitalization. it is all about the actual growth and adoption that bitcoin had, all the infrastructure that has been build and continues being build on top of bitcoin and because of bitcoin.

I'd like to add #6. I am not sure how to formulate is correctly, but it's about creating bitcoins out of thin air. The last (even though only minutes ago I thought it was also the first) time it happened in autumn 2018: https://www.coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret. Back then I found the information that some bug could make the whole point of cryptocurrencies about the impossibility to fake coins completely useless very disturbing.
As for the analysis about halving - thanks, that gives some hope, even though it doesn't mean that we can really expect growth. Moreover, it looks like even if we do, we probably have to wait for a year or two..

I red the article and it was 4 months ago. Have we recovered from it fully? Do we have any way to know who is running the older version of bitcoin core and who have updated it?

I am glad that they kept it secret instead of being panic.

Thank you for the information.