Quote from: Ultegra134 on May 26, 2025, 08:41:41 PM

Quote from: tabas on May 26, 2025, 07:18:44 PM

I want to imagine that, but most of us are likely no longer alive when that time comes. But we can safely say that Bitcoin is here to stay, and we're still early because we're looking at the longer term for it. We're already 10% on the goal of seeing the $1M/BTC. Before, this $100k was just a dream and a thought of many, but now it has happened. And as time goes by, once we achieve these higher prices then we're moving on to the next one that we're also speculating about. So, each year that passes, Bitcoin becomes more scarce due to the difficulty increase of mining and also through the effect of halving.

Bitcoin is still generally new, just over 10 years old, it's still considered to be in early phase and the luckiest ones ones are those who took advantage since the early days. Just to imagine, I had bought Bitcoin when it costed $200, I wish I still had those, but they are long gone. I can't safely claim that $100,000 is considered a price that's feasible for the average person, nor can I confidently claim that Bitcoin is going to surpass $1M. I find this speculation extremely overexaggerated for the time being. I've seen many people comment about it, but I personally can't believe it just yet.

It's hard to imagine where it is right now, where it has been before. But that's the reality and this opens the idea that Bitcoin's skyrocketing is unstoppable and it's going to the ceiling as if there is no limit. I also wish that the early Bitcoins that I've got were kept but they're no longer here but that's fine. As long as we have kept what we've got right now is important that we'll be firmly holding them for the next years to come. And we understand why people are giving exaggerated prices for their speculation and that's because how they've seen Bitcoin moved, so that's pretty much it is why we're seeing more higher prices on what they think it will reach soon.