Dan Held Expressed: Bitcoin Price in 2015 “too expensive” 2016 “too expensive” 2017 “too expensive” 2018 “too expensive” 2019 “too expensive” 2020 “too expensive” 2021 “too expensive” Bitcoin is always “too expensive” for those who don’t believe. They’ll pay a hefty price later.
Community Response: Everyone gets Bitcoin at the price they deserve. If Bitcoin keeps going up for ever then it’ll always be expensive forever.
If you held Bitcoin, through thick and thin, beyond all-time highs, into price discovery mode, you’re that much closer to reaching financial independence. You need to pat yourself on the back.
Bitcoin is a long game played with grit, persistence and perseverance. To reach financial independence, keep your goals achievable and go for them.
Slowly then suddenly, most value in the world will be de materialized by software. Money, Gold, Real Estate, Contracts everything and you know that Bitcoin gets to absorb a huge chunk of this market, given it’s the dominant decentralized asset.
About 99% of crypto assets are empty promises which will eventually go to zero. If you’re looking for the best way to save your money and purchasing power without taking huge risks of these empty broken promises hold Bitcoin.
Ever since 1971 when the gold backing was removed, your money was being stolen from you each and every single day with or without your approval, while you keep voting for Democrats or Republicans. All governments are thieves ever since 1971. Opt out with Bitcoin.
Can’t wait to finally be wealthy in 2050. Just Keep Stacking. Yet everyone who owns it feel the need to tell others to buy it right away.
Sorry but this is not how it’s going to pan out. Bitcoin’s buying power will have to start leveling off at some point, and it doesn’t take a mathematician to see that owning 1,000 Satoshis will never equate to someone being “wealthy.”
It could with the rise of inflation and BTC’s built-in hedge against inflation. As more and more people forget their wallet seed phrases or die without others knowing the dead had BTC, scarcity grows and prices go up. It’s the same reason why people pay millions for trade cards.
Stacking for a better future, but realizing reaching one Bitcoin is never going to happen. Meanwhile the supply of Bitcoin is reducing, and inflation is growing. All laws of physics tell the price will only increase.
Don’t believe? Don’t understand? It’s not about belief though, it’s about understanding basic economics. One day it truly will be too expensive and too late. Price is irrelevant – only annual growth counts.
People buy a good project at the price they deserve. Bitcoin is the best project in modern time and all of history thus far.
Get the latest Crypto & Blockchain News in your inbox.