Bitcoin: Back to the Future
4 stars based on
57 reviews
With the price value? Lost Bitcoin are also my fault as many years ago I have formatted an HDD with inside the private keys for about Bitcoin - at 0001 bitcoin to dollars time worth nothing, now they would be worth more than half million dollars! Once all the Bitcoin will be in circulation there will be 21'' 21 million of them minus those that are "lost". As of today, if each person wants to buy and keep 10 bitcoin, there would be Bitcoin for only 1'' people 1 million and thousands people.
That would satisfy the population of a medium sized city, while Bitcoins are collected by people from everywhere on our planet a few billions potential buyers! Even without Bitcoin hoarders there are so little Bitcoin available, that will make it so scarse that having 0, of a bitcoin will be worth a lot of money. This hoarding game has started, and people are now 0001 bitcoin to dollars to invest and buy just 1 bitcoin. Losing USD2k, which isn't a catastrophic event for many.
Well, being able to sell that 1 bitcoin for much much more than USD2k! If there was an equal distribution, only 14 million people would be able to own a single Bitcoin, and thus less bitcoin 0001 bitcoin to dollars available in the market, more the price will go up! Those buying today at USD2k 0001 bitcoin to dollars probably 0001 bitcoin to dollars at USD5k in a few months, those that buy them at USD5k at the end of the year will sell at USD10k a year later, and so on, until people will invest in owning just a small portion of a bitcoin, because a full bitcoin will be worth millions!
That day in 10 years? Now you can own one at only USD ! I am not affiliated with any bitcoin exchange, I don't sell bitcoin, and own less than 2 of them now. I am not a financial advisor, and this in not a financial advising article, I am just sharing my thoughts on bitcoin price. My suggestion is to never invest in Bitcoin what you are not ready to lose. I wrote this article 2 days ago.
I am checking the price value? On one thing I was right two days ago: If my article inspired someone to buy one single Bitcoin, this person has made USD in two days 0001 bitcoin to dollars maybe 1h of work. It is only 2 days that I posted this article, and