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No other asset in history has made the same progress as the Bitcoin price in terms of gains in value.
Ten years ago today, 5,050 BTC were sold for $5.02 in the first market transaction for Bitcoin. Today, they’d be worth $42,171,792.50.
A rise of 838,078,685%. The transaction is stamped into the blockchain and it marked a milestone for BTC which had just become an economic commodity.
$1M per Bitcoin is the next BTC price prediction according to this chart which was published 5 years ago and thus far has been spot on so those lofty future prices may not be so farfetched after all.
Are Altcoins ready to explode?!
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
News Resources From Today’s Show:
Bitcoin Price is Up By 838 Million Percent In Last 10 Years; Where Next?
Ten years ago today, 5,050 btc were sold for $5.02 in the first market transaction for bitcoin. Today, they’d be worth $42,171,792.50.
A rise of 838,078,685%. https://t.co/yCvJ9TrrSn
— Saifedean Ammous (@saifedean) October 12, 2019