Quote from: JaanusRaim on August 30, 2025, 10:13:01 PM

There is quite interesting coincidence in Bitcoin price history: the large amount (at least quarter) of 2010 year BTCs had bought at price 0.05 usd, 2012 year 5 usd and 2014 year 500 usd. 100-fold difference between both 2012 versus 2010 and 2014 versus 2012.
If such speed had continued, the BTC price would be 500 x 100 x 100 x 100 x 100 x 100 = 5 000 000 000 000 in 2024

Quote from: JaanusRaim on August 30, 2025, 10:13:01 PM

There is quite interesting coincidence in Bitcoin price history: the large amount (at least quarter) of 2010 year BTCs had bought at price 0.05 usd, 2012 year 5 usd and 2014 year 500 usd. 100-fold difference between both 2012 versus 2010 and 2014 versus 2012.
If such speed had continued, the BTC price would be 500 x 100 x 100 x 100 x 100 x 100 = 5 000 000 000 000 in 2024

Nothing has changed in the volatility of bitcoin market and so based on coin market cap and price histories, the value of bitcoin has increased rapidly in matter of time. Investors who bought bitcoin from that earlier times of 2010 to 2014 can't categorically state it that bitcoin market showed more bullish momentum then than now.
In the interval of 4 years (2010-2014), the market has acquired Ath of $1,163 which occured in 2013 and the next 4 years, the price acquired an approximate $20,000 in 2017.
So on and so forth, as the year goes by, the price fluctuates within it up and down trends but certainly, there're accountability with certainty that the price will always increase in the long time as long there're demands and buyers. Now that institution and governments are becoming interesting to invest and also hold bitcoin for reserve, it has given the market more potential influence to encouraging more bullishness and consolidates volatility which has boiled to the $124,000 Ath we've achieved so far in the just third quarter of 2025 and we're still anticipating for more Ath before the year elapse. So you need to understand that the bitcoin price determinant to profer price increase is based on long time and that's why investors who want to make good profits have to hold patiently for a long time.