If youd have asked the small handful of individuals interested in Bitcoin this time 10 years ago what they thought the leading digital assets price would be at the end of the decade, few, if any, would have said thousands of dollars. Looking forward to the next 10 years, it seems that a lot of people are now much more convinced that the future is bright for Bitcoin.
In December 2009, Bitcoin essentially had no price. Without a formal exchange platform to create a market for price discovery, early proponents of the digital asset would swap coins at whatever rate they saw fit. In terms of real-world value, each Bitcoin in these early days was worth tiny fractions of a cent.
Possible or not, surely along the way, bitcoin will expect lots of pressure and countless obstacles while going way up. On its way to $20,000 last 2017, hard and strict regulations about crypto commence in some of the countries
(some are good, some are not). I believed if
BTC price will breach $30,000, it would trigger again another
"alarm". Big whales will surely take advantage of the situation and a big crash will follow.
10 years isn't enough for me for
BTC to establish a dream price of $1,000,000. It's not the same as the run that happened from zero to cents to $20,000 within 10 years. But if that will happen, then that's definitely good. Who else doesn't want? However if not, then fine.
And as for me, I didn't even think that will happened honestly. I tend to be closed on being realistic. $10,000 is a dream price for me to considered back then but I don't hope for that to happen but it happened. I just allow the process. It will be the same for $1,000,000? Let's see.