Bitcoin price: with 12 years from nothing to maturity

[Fundamentals Of]

This thread gives the best of the value difference between years. The same level of variation could happen after years. After this same time period we can see similar level of growth. The same is being mentioned through a small meme post.

Nice one. We should always remind ourselves that we are still early birds. Those who just came to know about Bitcoin today should not be discouraged that the price is already high. They should instead be encouraged to buy because the future is even brighter than today. People should not compare the price of today with yesterday. They will only feel less interested. They should compare the price of today with tomorrow. They will feel like striking while the iron is hot.

Let us all be remembered as the brave ones who took the risk. Our children and grandchildren will be very thankful for our actions today.

[batang_bitcoin]

12 years is a long time, during this time the Dollar has not stayed as one but now is a lesser version of its previous self.   The US dollar of 2009 is not the US dollar of 2021, we dont live in that fixed value world anymore.

And by that time, dollars has already been affected a lot by inflation. I believe by that time if bitcoin is still on track by that year then it's going to be that much expensive as opposed to inflation since we know how bitcoin's character goes against the inflation of fiat.

Bitcoin price has no potential to rise more than approximately one order of magnitude

dont place any limits on BTC when we lack that certainity in any regard

True, we will never know the highest price that bitcoin can make because of its potential. Although sometimes we doubt and we feel negative when the market isn't going according to what we like.

[Gozie51]

True, we will never know the highest price that bitcoin can make because of its potential. Although sometimes we doubt and we feel negative when the market isn't going according to what we like.

The lesson of the past will still guide us to the future despite doubts price is still hitting landmarks.

The dollar value of bitcoin now is more appreciated IMO because I don't know how much the dollar has been devalued from like 10 years ago but I understand that the demand for the dollar is still high and it could be a hedging instrument with bitcoin.

[GreatArkansas]

True, we will never know the highest price that bitcoin can make because of its potential. Although sometimes we doubt and we feel negative when the market isn't going according to what we like.

The lesson of the past will still guide us to the future despite doubts price is still hitting landmarks.

The dollar value of bitcoin now is more appreciated IMO because I don't know how much the dollar has been devalued from like 10 years ago but I understand that the demand for the dollar is still high and it could be a hedging instrument with bitcoin.

Additionally here is the hyperinflation. We all know how inflation is affected by multiple countries. Since Bitcoin can solve it, we can consider it also a reason why Bitcoin is still here and value keeps increasing.
Long term goal for Bitcoin is always important, we don't know how much Bitcoin price can go up or down.

[jaberwock]

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.

Yeah, calculating the overall increase in bitcoin with what we had in the early days doesn't make sense to me. What we had in the early 4 years or so was way too much and it required very little money whereas what we are having right now is not that easy and requires a lot of capital. Not saying that we are not going up, but do not expect 20x yearly increase ever again, not even 10x per year looks that easy to be done ever again.

Take the last 4 years for example, had 1.10 times, 1.51 times, 1.45 times and last year was bull year with 4.44 times. Those are the realistic approaches and stuff like that could potentially happen in the future as well.

[JaanusRaim]

This thread gives the best of the value difference between years. The same level of variation could happen after years. After this same time period we can see similar level of growth. The same is being mentioned through a small meme post.

https://i.imgur.com/J6gAHd2.jpeg

Very good picture!
But it is not suitable for bitcoin nowadays. Unless a huge price crash happens, bitcoin can not be a very good investment in 2020s even with the best scenario (mass adoption, becoming the only currency of the world), because this scenario is already taken into account by many many people.

This picture is suitable for some other asset. This asset has to have one important (demand side) characteristic - it has to be unrecognized by (almost) everybody. In other words: it has to seem worthless like dust or bottle tops, electronic or not.

Really good investment smells like a joke. Nobody takes you seriously when you talk about it

[Lucius]

I'm not an expert on the zodiac and things like that, but people relate the price of Bitcoin to everything, so I guess it was only a matter of time before someone would go in this direction (although it is possible that this is not the first time on the forum). Personally, I don’t believe it has anything to do with it, except for those looking for meaning in such things.

I don't think this period should be called maturity when it comes to Bitcoin, 12 years is simply too little time for something like this. It will take at least another ten years for Bitcoin to reach a certain degree of maturity, because we are still far from any major adaptation, and too few people even understand what Bitcoin is, not to mention that some use it in a completely wrong way.

Of course the OP wonders and concludes that the price will not rise more than x10, which implies that we should no longer hope for profits as has been the case in the past. This makes some sense, because it is not realistic that someone will earn x1000 by investing in BTC at current prices - we need to be realistic with some things.

[Silberman]

12 years is a long time, during this time the Dollar has not stayed as one but now is a lesser version of its previous self.   The US dollar of 2009 is not the US dollar of 2021, we dont live in that fixed value world anymore.

Bitcoin price has no potential to rise more than approximately one order of magnitude

dont place any limits on BTC when we lack that certainity in any regard

That is what is so deceiving about the dollar, people still see the same dollars on their pockets and their bank accounts but the dollar of today is many times weaker than the dollar of that time, and the farther we go back to the past the stronger the dollar was, however we are reaching a critical point, people are slowly realizing this truth and are looking for alternatives, and whether they pick bitcoin or not the fact that one more person decides to not fully support fiat is one more step towards its eventual collapse.

[arufox]

It's hard to predict the bitcoin price accurately, let alone setting a maximum price of over 1 million dollars per bitcoin may sound impossible. but we do not know how far the price of bitcoin will continue to move in the next 5-10 years. however, I think the positive trend of bitcoin price will continue in the next few years. Therefore all possible prices could go forward and have room for a 100%-200% price increase.

[crzy]

It's hard to predict the bitcoin price accurately, let alone setting a maximum price of over 1 million dollars per bitcoin may sound impossible. but we do not know how far the price of bitcoin will continue to move in the next 5-10 years. however, I think the positive trend of bitcoin price will continue in the next few years. Therefore all possible prices could go forward and have room for a 100%-200% price increase.

No one expect for the price of Bitcoin to reach this much not until adoption begin so for me, we are heading to that price and soon will be on the top of everything because Bitcoin is the new Gold of our era. We can have a better because of cryptocurrency, we are still lucky that we can freely use Bitcoin. Do your best and have more Bitcoin, this is the trend now.

[Quidat]

It's hard to predict the bitcoin price accurately, let alone setting a maximum price of over 1 million dollars per bitcoin may sound impossible. but we do not know how far the price of bitcoin will continue to move in the next 5-10 years. however, I think the positive trend of bitcoin price will continue in the next few years. Therefore all possible prices could go forward and have room for a 100%-200% price increase.

No one expect for the price of Bitcoin to reach this much not until adoption begin so for me, we are heading to that price and soon will be on the top of everything because Bitcoin is the new Gold of our era. We can have a better because of cryptocurrency, we are still lucky that we can freely use Bitcoin. Do your best and have more Bitcoin, this is the trend now.

Adoption is on the move and no one had really expected for Bitcoin to be this big considering that it has no even value when it had just started.What makes it good is on having that decentralized and anonymity features which did really make it to be popular and been gradually adopted and now it do gain some attention and we are moving forwards on global adoption which is something an inevitable thing to happen.
Expect that it would reach out new all time highs on future years to come as long recognition is there.

[darkangelosme]

This thread gives the best of the value difference between years. The same level of variation could happen after years. After this same time period we can see similar level of growth. The same is being mentioned through a small meme post.

Well that is true dude if keept our cryptocurrencies for 40 years definitely we will become rich, if we will just think as an investor for long term profit mindset definitely it will happen, that's why even I don't have that big capital i force my self to invest in cryptocurrencies cause i know it will also for me in the future.

[traderethereum]

I do not know anything about astrology but I read in some local articles that humans can predict what can happen in the future and give warnings to others. Some people still believe in zodiac calculation or something like that.
You can say that is all related to the zodiac cycle and all the grey things that most people do not understand but I just believe that bitcoin can increase more than today, no matter how long the price can increase.
Maybe bitcoin needs more than 2 years or even longer to increase to $1,000,000 but it will surely reach that price.
With all of the predictions, we can only wait for what will happen with preparing ourselves and if you believe bitcoin will increase at the right time, you should prepare yourself.
Otherwise, you can end your journey in bitcoin right now and search for other opportunities.

[justdimin]

I do not know anything about astrology but I read in some local articles that humans can predict what can happen in the future and give warnings to others. Some people still believe in zodiac calculation or something like that.
You can say that is all related to the zodiac cycle and all the grey things that most people do not understand but I just believe that bitcoin can increase more than today, no matter how long the price can increase.
Maybe bitcoin needs more than 2 years or even longer to increase to $1,000,000 but it will surely reach that price.
With all of the predictions, we can only wait for what will happen with preparing ourselves and if you believe bitcoin will increase at the right time, you should prepare yourself.
Otherwise, you can end your journey in bitcoin right now and search for other opportunities.

I do not believe any supernatural thing at all, just because some planets are in some places in certain times it should not be telling anything about the future. Even signs are a bit more understandable since it is talking about the character of a person and not trying to predict the future per se, if you have enough sample size of people who are born at same time and can try to do polls around the world to millions of people about it, then they would give a good result which means it could be proven.

However, talking about the future and prices and profits all thanks to some space movements does not make sense to me at all. Hopefully we will see 1 million dollars in our life time, that is all I need to know, if that happens then things will be fine for me.

[traderethereum]

I do not know anything about astrology but I read in some local articles that humans can predict what can happen in the future and give warnings to others. Some people still believe in zodiac calculation or something like that.
You can say that is all related to the zodiac cycle and all the grey things that most people do not understand but I just believe that bitcoin can increase more than today, no matter how long the price can increase.
Maybe bitcoin needs more than 2 years or even longer to increase to $1,000,000 but it will surely reach that price.
With all of the predictions, we can only wait for what will happen with preparing ourselves and if you believe bitcoin will increase at the right time, you should prepare yourself.
Otherwise, you can end your journey in bitcoin right now and search for other opportunities.

I do not believe any supernatural thing at all, just because some planets are in some places in certain times it should not be telling anything about the future. Even signs are a bit more understandable since it is talking about the character of a person and not trying to predict the future per se, if you have enough sample size of people who are born at same time and can try to do polls around the world to millions of people about it, then they would give a good result which means it could be proven.

However, talking about the future and prices and profits all thanks to some space movements does not make sense to me at all. Hopefully we will see 1 million dollars in our life time, that is all I need to know, if that happens then things will be fine for me.

Yeah, many people do not believe supernatural but that thing has been with us from a long time ago.
It is no problem if we do not believe in that because we think that is out of our imagination.
Or there are really some people who can see the signs from those planets and have the knowledge to explain the future.
We should use our knowledge to trade to make a profit but that can be our info and nothing to lose for us to have more knowledge.

[chikading2016]

The reason why some people loss is that they always think that they are already an expert even they are not. they always think that they can predict crypto base on their own analysis but they end up to lossing, We cannot predict crypto even in a short period of time so there is no way also to predict crypto 12 years from now.

[justdimin]

The reason why some people loss is that they always think that they are already an expert even they are not. they always think that they can predict crypto base on their own analysis but they end up to lossing, We cannot predict crypto even in a short period of time so there is no way also to predict crypto 12 years from now.

That seems to be the main idea for many people who are not aware of the fact that bitcoin always goes up. If you want to predict "when" then you are right that nobody will be able to predict that, we as the market (you and I and everyone else here is the reason why it goes up or down) decide it on the fly. When we hear a bad news we FUD and drop it, when we hear a great news we FOMO it and buy, but we are the ones that decide it.

So, when you want to try to predict what will happen in the future, you are trying to predict if people will buy or not. So that means you are not really doing something special with it, you are actually trying to predict us, which is doable if you are good enough. The main point is that, it would not be that much of a problem if you are only looking at long term and how it will go up, however it will be harder if you want to predict just this week.

[jrrsparkles]

Known facts but still its interesting to see their price at the end of every year and what it is going to be for this year. I don't think we are going to touch 60K in just a week of time because the price movement is in sideways for very long time and to be honest I expect a dump towards the last days and then it will continue to recover.

[el kaka22]

It is really cool to see what we already know, but proven with facts. I always said that in the long run bitcoin is a very profitable thing and there is absolutely nothing that could dethrone bitcoin for me in investment world, nowadays I feel ETH is a bit closer to my heart, the new ETH 2.0 is coming up one day and I am guessing at that moment my own flipping could happen and I could see myself having a bigger investment on ETH but it is all crypto and all the same.

Bitcoin is just surreal on how great it is to just hold it, I wish I held all of the bitcoins I have ever earned, would be super wealthy right now, but I can't focus on that and just need to focus on whatever I have right now, and what I might have in the future. If this keeps up, then I will be able to call myself wealthy one day, maybe not in a few years but definitely in a few decades.

[StreakW]

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.