When I am writing the post, Bitcoin is trading at $108K. If we go back 15 years, Bitcoin had been trading at $0.01 on July 4. If you compare the price difference, then it's more than 1B%. That means from the 4th of July till today, the Bitcoin price has risen more than 100%. Who had dreamed the price would go this high in 2010? This was really unimaginable—a 1,078,000,000% increase in 15 years back. This is a reminder of what the price of Bitcoin would be after the next 15 years. Especially a reminder for those who still don't believe in Bitcoin power.
Whoever intends to hold longer, it would inspire them how the Bitcoin price has been growing from the beginning till today. Sometimes I regret why I hadn't bought a lot of Bitcoin during that time, even though I had a lot of money to buy. Maybe some people will regret in the future why they didn't buy Bitcoin today. I found Bitcoin when it was trading below $3K.
What was the price your first purchased Bitcoin?
Let's share your experience. For me, I can't exactly remember, but it was between $2700 and $2800.
I bought and sold bitcoin when it came back from first $1000 bubble. But literally no one believed it would go this far back when i came in. $10k sounded like fever dream of a lunatic when bitcoin was still $300.
But when we talk about next 15 years, imho it would be naive to assume that this trajectory would automatically continue. While some technical analysts try to predict the future price based on past price action, it doesn't determine the future in any way. It's just something people do with growth chars. Difference is that growth projections that are based on intrinsic value, aren't really comparable for things with speculative value.