12-22-2021, 11:28 AM
"Jumping from 0.005$ to 1$ [...] may be a sign that BTC is headed for a speculative
<!-- SC_OFF --><div class="md"><p><a href="https://www.forbes.com/forbes/2011/0509/technology-psilocybin-bitcoins-gavin-andresen-crypto-currency.html?sh=769f5f84353e">https://www.forbes.com/forbes/2011/0509/technology-psilocybin-bitcoins-gavin-andresen-crypto-currency.html?sh=769f5f84353e</a> </p> <p>Found this old article, I think this is a good reminder for all of us to stop focusing on the short-term, be patient & look at how much BTC and the Cryptoverse matured in 10 years.</p> <p>When this was published, the article reported:</p> <ul> <li>6 millions of BTC in circulation -> As of today 18.9 millions BTC</li> <li>30K$/day in trading volume vs 28.7 billions $ (12/22/21)</li> <li>Used to buy drugs, dog sweaters & alpaca socks -> This year in 2021, the 1st country El Salvador officially adopting BTC as legal tender & planning to build the first Bitcoin City.</li> </ul> <p>Of course, close to no one at that time believed Cryptocurrency & BTC would become what it is today. This increase from 0.005$ to 1$ at the time was massive <em>(remains an outstanding 20 000% return)</em>, while for us today at 3 300$ drop would be considered "A casual routine".</p> <p>And it just proves to us again, this is worth to be sticking around to see the Cryptoverse evolution in the following years & decades as we are just getting started exploiting its infinite potential. Even us, the small investors are contributing to the creation of this path to the true mainstream adoption & innovations for new possibilities.</p> <p>We may right now smile at how small it was 10 years ago, but maybe in 10 years someone will find this post & smile at how small we were in 2021.</p> <p>The future is bright.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/K1St3"> /u/K1St3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rlmlbf/jumping_from_0005_to_1_may_be_a_sign_that_btc_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rlmlbf/jumping_from_0005_to_1_may_be_a_sign_that_btc_is/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://www.forbes.com/forbes/2011/0509/technology-psilocybin-bitcoins-gavin-andresen-crypto-currency.html?sh=769f5f84353e">https://www.forbes.com/forbes/2011/0509/technology-psilocybin-bitcoins-gavin-andresen-crypto-currency.html?sh=769f5f84353e</a> </p> <p>Found this old article, I think this is a good reminder for all of us to stop focusing on the short-term, be patient & look at how much BTC and the Cryptoverse matured in 10 years.</p> <p>When this was published, the article reported:</p> <ul> <li>6 millions of BTC in circulation -> As of today 18.9 millions BTC</li> <li>30K$/day in trading volume vs 28.7 billions $ (12/22/21)</li> <li>Used to buy drugs, dog sweaters & alpaca socks -> This year in 2021, the 1st country El Salvador officially adopting BTC as legal tender & planning to build the first Bitcoin City.</li> </ul> <p>Of course, close to no one at that time believed Cryptocurrency & BTC would become what it is today. This increase from 0.005$ to 1$ at the time was massive <em>(remains an outstanding 20 000% return)</em>, while for us today at 3 300$ drop would be considered "A casual routine".</p> <p>And it just proves to us again, this is worth to be sticking around to see the Cryptoverse evolution in the following years & decades as we are just getting started exploiting its infinite potential. Even us, the small investors are contributing to the creation of this path to the true mainstream adoption & innovations for new possibilities.</p> <p>We may right now smile at how small it was 10 years ago, but maybe in 10 years someone will find this post & smile at how small we were in 2021.</p> <p>The future is bright.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/K1St3"> /u/K1St3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rlmlbf/jumping_from_0005_to_1_may_be_a_sign_that_btc_is/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rlmlbf/jumping_from_0005_to_1_may_be_a_sign_that_btc_is/">[comments]</a></span>Kind Regards R