Post
Topic
Board Bitcoin Discussion
Re: $100,000 and $1,000,000 Bitcoin
by
SickDayIn
on 05/04/2024, 01:57:16 UTC
I was around when Bitcoin was $5, and $30, and I Bought my First Bitcoin at $30, I then Sold at $1,000. And I was Earning 7 Bitcoins a Month for a few Months, and Cashing that out for $7,000.
You only created your account on January 01, 2024 and shared this story.

If you were here when Bitcoin was about $5, it is about middle of 2011, many years ago.
https://bitcoin.zorinaq.com/price/

It is very strange that you were not in bitcointalk forum in 2011 or 2012 and only joined it this year.
I understand the intent of this comment, however many people have signed up accounts here 5-10 years ago and then lost access as they lost access to their email account. I am an example of someone who only got lucky recovering my old bitcointalk account.

However, back to the main topic - I certainly believe Bitcoin will hit $1m one day. It has already hit $100k for some first world currencies, besides the USD, but I don't believe this is because the value of Bitcoin has increased. Whilst CPI is only ~5% in some countries, real inflation is much higher, so the currency has been debased significantly over the past few years. Bitcoin rapidly rising is just an indicator that our paper currencies are "trash".