A little bitcoin fact (November 19, 2020). More than 6 years ago, on August 31, 2013, a user on Reddit posted profesiezed the price of a single Bitcoin will increase 10x every two years, starting from the time of the prediction.
At the time Bitcoin was trading at $300 a coin. So, according to the user’s prediction or prophesy, BTC price was to be $1,000 in 2015, increased another 10x to $10,000 in 2017, and this year (2020), $100,000.
The user did prophesied Bitcoin’s 2015 and 2017 price corrected. However, He’s going to miss his 2020 Bitcoin price prediction by 2020 by a mile, unless, in 33 days Bitcoin surge to $100,000 dollars. If that does not happen, his $1,000,000,000 Bitcoin prophesy by 2021 is essentially, a fantasy.
But here is a little known Bitcoin fact. If the world 48.8 million millionaires each purchase and hold 1 bitcoin, the price will instantly surge to $2.2 million dollars.
Bitcoin’s price jumped to $18,000 today. That’s 117.4% growth from a year ago. this year. In December 2018, BTC was trading at $3,300. Today’s growth from that time period is a whooping 450% percent.
Have you ever had an investment grew 450% in a little under 2 years? Not even Warren Buffett can claim these astonishing number.
Don’t be left behind, join me in a 100% free Bitcoin/Crypto webinar on December 5, 2020. You can attend in your PJs! I promise no one will make fun of you.
Mathieu is a Information technology professional with over 15 years of experience. He started one of the first bitcoin blogs existed in 2010. He started writing about, investing in bitcoin and promoting the first cryptocurrency when only a few technological savvy people knew about it. Mathieu is a world traveler who enjoys culture, technology, finance, salmon, rice and beans. He’s cool, collected and knows a great deal about blockchain technology.