It’s the most appreciating asset in your lifetime. Hope you already own some!
It took just over 3 years to hit $100k from this prediction. It was valued at $66,000 per unit when this prediction was made..
Three years before this prediction it was valued around $6000 per unit. Can you imagine 10x gains over merely three years?
How about October 2015? Do you know what it was at, back then?
$314
So it went 20x in three years, from 2015 to 2018 🤯
What about 2012? Nobody was speculating on it back then, so I wonder what it was worth in October 2012? ( Believe It or not, it was at $11. )
See why some people are passionate about this asset? You don’t need a bank to store it in, you just need to trust that the entire planet doesn’t get hit by an EMP that shorts out all the computer forever. 😹
When I first heard about it, one year earlier, it was only about $3 a unit. It was a joke on some forums, and I don’t know anyone who seriously expected it to ever become a household word. The friend of mine who told me about it thought it was ridiculous and never considered owning any.
However, he did dream of someday getting rich enough to have “eff you money” and retiring early and buying lots of land. If only he was a bit more imaginative, maybe his dream would have come true!
Because owning a Bitcoin wallet means that you own a “mailbox” on its blockchain, you can keep the password to this mailbox yourself. No fancy technology is required to store the units of Bitcoin, they exist in millions of computers at once and are locked into the wallet. When you want to access them you just need to use a mobile app or a browser extension to interact with the Bitcoin blockchain. Never, ever believe that you need a bank or a tech company to access a wallet— it’s simply not true.
Big companies will reward you if you treat them like banks and trust them to hold your Bitcoin in wallet that they control, but… why would you do this? It’s a step backwards, it’s living in the world of banks and money versus the world of distributed computer networks that don’t require nations, banks, nor governments.