Quote from: BTC_pokaop on Today at 04:15:36 PM

Quote from: Cpt_reader on Today at 03:13:36 PM

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

No one expected this in the past, because Bitcoin was not so popular in the past and the world's famous companies did not buy Bitcoin, so there was not such a big expectation in the past. But currently Bitcoin has become very popular and has spread all over the world, the world's famous companies have invested, where MSTR company has accumulated more than half a million Bitcoins, which they have no plans to sell, their plan is only to accumulate. The supply of Bitcoin is limited, but in the future the demand for Bitcoin will increase a lot and affect the supply, so over time the price of Bitcoin will increase a lot. Slowly the whales will capture a large part of the supply of Bitcoin, so we have to seize the opportunity while we have time. So you just hope that in the future it will not be just one million, but several million dollars, it is just a matter of time.

Not just Bitcoin if the supply of anything is limited, then its demand naturally increases. However, Bitcoin's popularity is not only due to its limited supply or increasing demand. The biggest reason behind this is that Bitcoin can be traded completely independently. There is no third party or intermediary intervention. Additionally Bitcoin is currently the most privacy-friendly digital currency, preserving users personal financial freedom. The price of Bitcoin has fluctuated a lot, but it has been evident from the beginning that its value has increased many times over a long period of time. Analyzing the growth over the last 10 to 15 years, it can be seen that the valuation of Bitcoin has increased more and hundreds of times. The way it is currently growing in popularity, its price could increase many times over in the future. We cant even imagine how high the price of Bitcoin will be in the next 10 years. Bitcoin is still at a point where ordinary people can buy it in small amounts if they want. Suppose someone starts buying and accumulating a certain amount of Bitcoin on a regular basis, that is still possible. But in a few years, the price of Bitcoin may be out of reach for the common man, making it difficult for those who want to invest. In my opinion, the current price is still much lower than the future. So if someone starts buying Bitcoin regularly from now on, following the DCA method, then he will definitely benefit a lot in the future.