Bitcoin price: with 12 years from nothing to maturity

[coin-investor]

How painful it is to look at the price below $ 1 for bitcoin and now I open CMC and just can't believe that the price is more than $ 60 thousand. The author is right that bitcoin may well rise to unthinkable and astronomical values, it only takes time.

Everything is all because of the adoption because it's a technology that can be adopted into every industry, every year there is a new trend new companies and new personalities coming in to cast their support and influence in the market, I believe in Fengshui and astrology but I cannot connect the price of Bitcoin to the Chinese zodiac, because of the volatility of the market, it can dip or crash or pump or improve anytime.

[Wawa2013]

I think anything can happen in the crypto world, but it is difficult to predict with certainty the price of bitcoin in the future. If you look at the positive performance in 2021, you can convince the public that bitcoin's performance will be more mature until the end of the year. However, as we all know that the price of bitcoin is influenced by many factors so that in early 2022 the price of bitcoin has decreased to the level of $38k.

Bitcoin price movements are always surprising, no one expected in 2021 Bitcoin could experience a very high increase. Even Bitcoin has broken
record highs several times, so now many people are starting to believe that Bitcoin has a bright future. Therefore, when entering the beginning of
2022 there was a bear market, quite a lot of people are taking advantage of the Bitcoin price drop as an opportunity to buy Bitcoin. Because learning
from the movement of Bitcoin over 12 years, we can conclude that how deep the price of Bitcoin fell, will always be able to go up again. And also
Bitcoin is showing more maturity, so no need to panic with the price of Bitcoin which is still under $40k, this situation is only temporary. Later Bitcoin
can definitely recover and will reach new ATH, so only people who have patience and have faith in the future of Bitcoin, who can benefit from Bitcoin.

[Fundamentals Of]

What do you mean by full maturity? Bitcoin's full maturity is not to be based on its price. The price of Bitcoin does not mean adoption. The price could rise high while at the same time Bitcoin's use is declared illegal in many countries. This is possible. And this is not maturity.

Maturity should refer more to its global standing as a currency, to its adoption in actual stores and other businesses and their customers. It is not about the price. It is the use.

Bitcoin is still in its infancy until now. It is far from becoming mature.

[asrinur]

It is interesting to look at this zodiac circle:

31.10.2009 0.001 usd
31.10.2010 0.20 usd (+ 200 times), Tiger, red
31.10.2011 3.19 usd (+ 15.95 times), Rabbit, green
31.10.2012 11.20 usd (+ 3.51 times), Dragon, yellow
31.10.2013 216.00 usd (+ 19.29 times), Snake, blue
31.10.2014 348.67 usd (+ 1.61 times), Horse, black
31.10.2015 311.24 usd (+ 0.89 times), Sheep, white
31.10.2016 686.24 usd (+ 2.20 times), Monkey, grey
31.10.2017 5734.00 usd (+ 8.36 times), Rooster, brown
31.10.2018 6309.11 usd (+ 1.10 times), Dog, purple
31.10.2019 9550.60 usd (+ 1.51 times), Pig, pink
31.10.2020 13803.41 usd (+ 1.45 times), Rat, orange
31.10.2021 61343.90 usd (+ 4.44 times), Ox, beige.

Every year is unique, and they together form almost eight orders of magnitude (100 000 000 times) increases (+4.5 times or +350% per year, on average). The maximum rise potential from 0.001 usd is ca nine orders of magnitude (1 000 000 000 times) in nowadays purchasing power because there is no more money in the world 

I think, one thing is sure:
Bitcoin price has no potential to rise more than approximately one order of magnitude (10  times). The maximum price can not significantly exceed 1 000 000 dollars per bitcoin in nowadays purchasing power even with best scenario (mass adoption, becoming the currency of the world). We can say that bitcoin price has achieved (almost) full maturity in just 12 years - eight from nine orders of magnitude.
This means that there will be no price gain per year comparable to 2020-2021 (or the 2009-2021 average) without huge price crash - no room for 300% or higher price rises per year (in nowadays purchasing power) from present level.

It is very difficult to predict the price of Bitcoin in the next few years with certainty. However, if you pay attention to historical price trends to the fundamental analysis that underlies its price movements so far, of course the price of bitcoin continues to increase from year to year. Of course, one of the factors that pushed the price of bitcoin to rise is the matter of mass adoption.

[bitterguy28]

It is interesting to look at this zodiac circle:

31.10.2009 0.001 usd
31.10.2010 0.20 usd (+ 200 times), Tiger, red
31.10.2011 3.19 usd (+ 15.95 times), Rabbit, green
31.10.2012 11.20 usd (+ 3.51 times), Dragon, yellow
31.10.2013 216.00 usd (+ 19.29 times), Snake, blue
31.10.2014 348.67 usd (+ 1.61 times), Horse, black
31.10.2015 311.24 usd (+ 0.89 times), Sheep, white
31.10.2016 686.24 usd (+ 2.20 times), Monkey, grey
31.10.2017 5734.00 usd (+ 8.36 times), Rooster, brown
31.10.2018 6309.11 usd (+ 1.10 times), Dog, purple
31.10.2019 9550.60 usd (+ 1.51 times), Pig, pink
31.10.2020 13803.41 usd (+ 1.45 times), Rat, orange
31.10.2021 61343.90 usd (+ 4.44 times), Ox, beige.

Every year is unique, and they together form almost eight orders of magnitude (100 000 000 times) increases (+4.5 times or +350% per year, on average). The maximum rise potential from 0.001 usd is ca nine orders of magnitude (1 000 000 000 times) in nowadays purchasing power because there is no more money in the world 

I think, one thing is sure:
Bitcoin price has no potential to rise more than approximately one order of magnitude (10  times). The maximum price can not significantly exceed 1 000 000 dollars per bitcoin in nowadays purchasing power even with best scenario (mass adoption, becoming the currency of the world). We can say that bitcoin price has achieved (almost) full maturity in just 12 years - eight from nine orders of magnitude.
This means that there will be no price gain per year comparable to 2020-2021 (or the 2009-2021 average) without huge price crash - no room for 300% or higher price rises per year (in nowadays purchasing power) from present level.

It is very difficult to predict the price of Bitcoin in the next few years with certainty. However, if you pay attention to historical price trends to the fundamental analysis that underlies its price movements so far, of course the price of bitcoin continues to increase from year to year. Of course, one of the factors that pushed the price of bitcoin to rise is the matter of mass adoption.

there is no need to predict completely but at least predicting closer to what it can reach and the basis is the position per halving things that mostly happen constantly .

I also predicting the price for myself and that is something that i love doing each year, this challenged my capacity to wait and my ability to proceed each year .