Post
Topic
Board Bitcoin Discussion
Re: Why We Are Still So Damn Early With Bitcoin ..
by
Don Pedro Dinero
on 27/08/2023, 04:25:09 UTC
What I find really funny about these topics is that they pop like mushrooms when there is a dump, It's like everyone needs reassurance and start preaching to the choir as it would somehow magically words from people with the same mindset reported ad nauseam will somehow turn out to be true.

I guess it is similar to the threads that appear in bull market that give a higher and higher prediction. I remember at the end of 2021 it was not uncommon to see $300,000 predictions for this cycle on the forum. And outside the forum as well.

Every Bitcoiner knows about the famous 10,000 Bitcoin for two pizzas (~$40) - the exchange in 2010 where Bitcoin was first used as money.

Even though 10,000 Bitcoin now means complete financial freedom, many people see this as a reason to believe that the Bitcoin train to financial freedom has sailed.

I understand the message you want to convey, but I believe that real price increases in the future will be slower. Assuming $20 for a pizza today is 0.00077 bitcoin. By 2036 I doubt that 0.00077 will be as valuable as 10,000 bitcoin is today.

With the generality of the message I agree. Bitcoin is a scarce commodity that will continue to appreciate and amounts that seem modest today may become life changing, but I would add that for this it is better to keep accumulating, not waiting for 0,00077 bitcoin to change your life.