Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 04/07/2022, 05:04:04 UTC
FUN FACT:  On this day 10 years ago, #Bitcoin was $15.40.

Bitcoin expansion was similar to Universe inflation: very rapid intially, much slower later.
Example: btc "was" about 0.003 when laslo purchased 2 pizzas for 10000btc.
From 2010 to 2012 ($15.4) is a 5133X price expansion
From 2012 to 2022 (now) is "only" a 1240X expansion in five time longer period (10 years).

projecting: ~300X expansion in 50 years or $5.73mil by 2072. Quite doable.