First of all, we would like to thank you for these valuable comments and opinions, Sylvain.
These thoughts, covering the next 20 years, are very optimistic. Currently, blockchain technology has started to come to many different places. Especially in the last 9 months, more people became acquainted with this technology. So how did this happen? Blockchain technology has begun to integrate into current living standards. Korea is starting to issue driver's licenses with this technology. Artists are starting to produce their art as Nft. Bitcoin's own functionality and many other similar situations have attracted a lot of people. I say it again, there has been a serious demand in the last 9 months. Who knows what will happen with a technology that has already arrived here in 20 years. But let's not forget that even if the market value decreases from time to time, the question to be asked is how many BTC capital do you have in the future. Because it will be more usable, its value may be much more, but 1 bitcoin is always equal to 1 bitcoin
The math behind Bitcoin is simple: its supply is stable and number of generated Bitcoin per block decreases over years. If there is interest in something and its generated total supply per year is decreasing by time, it means the demand and its value will also increase by time.
There's also another thing that we don't count, most of the Bitcoins got lost last 10 years. Many people forgot/lost their wallets, or they may not even be remembering that they bought Bitcoin. This means actual supply of Bitcoin is even lesser than we think, and that lost Bitcoins now make billions of dollars.
2 years ago I was thinking about this logically, but I wasn't economically free and I was afraid of crypto world. Wish I could go back in time : D
We are in one of the most important places for bitcoin right now. no one can predict what will happen to btc after the big drop
I think the use of bitcoin in our lives is much more important than its price.
Let the price of btc be trillions of dollars, but if we do not integrate it into our lives, if we do not use it during the day, if we do not keep up with technology, I do not think it will achieve its real purpose.
It's a great thing to calculate something. For someone who doesn't know math, the market is very complicated. But there's great math in the article. And it's great used.
The 10 million goal seems mathematically achievable, but it's actually a little difficult.
Bitcoin needs to make very sharp and accurate moves. At the moment, I think it is still in preparation.
Bitcoin is demonstrating its potential and defeating the challenges it faces. The day these challenges end will be very different. I think it will take more than 20 years. But I think it will happen.
Everything will be fine when people slowly understand Bitcoin. I hope it solves Bitcoin problems quickly and misleads me.
Bitcoin makes a lot of sense. It was said that it was the end of years. But each time he became stronger than he was before.
The world is getting used to technology all the time. Phones, computers, ATMs are getting better every day. But there is one thing that goes on. Paper money of states.
Paper money is a terrific convenience for states. But not for the public. The government is printing a lot of money. It has an unlimited supply. His own tastes and misguided policies are turning to the public as inflation. People who have knowledge and research notice this and are investigating cryptocurrencies.
That's why I don't look at cryptocurrencies as value. I look at it as the future. I look at it as a huge revolution.
I like this kind of writing. It increases my motivation. I like to see people who think. It's a hope for me to know that these people exist.
I totally agree, the foundation of bitcoin is solid and I think its demand will increase in the coming years when people understand bitcoin at least a bit.
The foundation of Bitcoin is very solid and as you said it provides basic guarantees to its users.
Like you, I strongly agree that the demand for Bitcoin will continue to increase in the coming years.
Awareness of the advantages, opportunities and freedoms that Bitcoin brings will increase and who knows, maybe the unit price of Bitcoin will be 1 million dollars.
I have always told that There was a time when i came into market to earn money into a short time thinking that I will go buy something and sell at high earn and exit the market but it was not like that i bought my Bitcoin in 3rd Quarter of 2015 and after knowing about Blockchain i never wanted to sell my BTC at any higher prices till now and i can proudly say that i made the very right decision and I am not selling off my Bitcoin for just 50-60K Dollars cause the one who knows or understand the potential would never ever do such thing.
I trust Michael Saylor, I'm sure his vision will come true in the future and he will remove all obstacles in front of Bitcoin, patience will win again. I am considering holding my Bitcoin to take advantage of this unique opportunity. Since it will take a long time for Bitcoin to disappear or achieve absolute success, I think that Bitcoin will reach a very high value after many years have passed since the current price we bought Bitcoin. If we sell our Bitcoin when it reaches a level higher than Bitcoin's usual profit level, we will have taken a big step forward for our future. I think of the illustration created by Sylvain Saurel as a realistic and highly probable hypothesis. We must keep our psyche strong and stay away from people who are making propaganda to defame Bitcoin. We need to do our own research and working charts and analysts to predict future Bitcoin prices.
I think we're so close to the point of mass adoption of BTC or crypto in general. Crypto is talked about everywhere. Here in Canada it is talked about on every radio station. The time is now an I think there's so much more to come!
The foundation of Bitcoin is very solid and as you said it provides basic guarantees to its users.
Like you, I strongly agree that the demand for Bitcoin will continue to increase in the coming years.
Awareness of the advantages, opportunities and freedoms that Bitcoin brings will increase and who knows, maybe the unit price of Bitcoin will be 1 million dollars.
First of all, we would like to thank you for these valuable comments and opinions, Sylvain.
These thoughts, covering the next 20 years, are very optimistic. Currently, blockchain technology has started to come to many different places. Especially in the last 9 months, more people became acquainted with this technology. So how did this happen? Blockchain technology has begun to integrate into current living standards. Korea is starting to issue driver's licenses with this technology. Artists are starting to produce their art as Nft. Bitcoin's own functionality and many other similar situations have attracted a lot of people. I say it again, there has been a serious demand in the last 9 months. Who knows what will happen with a technology that has already arrived here in 20 years. But let's not forget that even if the market value decreases from time to time, the question to be asked is how many BTC capital do you have in the future. Because it will be more usable, its value may be much more, but 1 bitcoin is always equal to 1 bitcoin
Thank you to the author for the valuable article.
The math behind Bitcoin is simple: its supply is stable and number of generated Bitcoin per block decreases over years. If there is interest in something and its generated total supply per year is decreasing by time, it means the demand and its value will also increase by time.
There's also another thing that we don't count, most of the Bitcoins got lost last 10 years. Many people forgot/lost their wallets, or they may not even be remembering that they bought Bitcoin. This means actual supply of Bitcoin is even lesser than we think, and that lost Bitcoins now make billions of dollars.
2 years ago I was thinking about this logically, but I wasn't economically free and I was afraid of crypto world. Wish I could go back in time : D
Thanks for the article Sylvain!
We are in one of the most important places for bitcoin right now. no one can predict what will happen to btc after the big drop
I think the use of bitcoin in our lives is much more important than its price.
Let the price of btc be trillions of dollars, but if we do not integrate it into our lives, if we do not use it during the day, if we do not keep up with technology, I do not think it will achieve its real purpose.
Mathematics.
It's a great thing to calculate something. For someone who doesn't know math, the market is very complicated. But there's great math in the article. And it's great used.
The 10 million goal seems mathematically achievable, but it's actually a little difficult.
Bitcoin needs to make very sharp and accurate moves. At the moment, I think it is still in preparation.
Bitcoin is demonstrating its potential and defeating the challenges it faces. The day these challenges end will be very different. I think it will take more than 20 years. But I think it will happen.
Everything will be fine when people slowly understand Bitcoin. I hope it solves Bitcoin problems quickly and misleads me.
I love your articles.
Please don't stop writing.
Thank you so much.
Have a nice day.
Bitcoin makes a lot of sense. It was said that it was the end of years. But each time he became stronger than he was before.
The world is getting used to technology all the time. Phones, computers, ATMs are getting better every day. But there is one thing that goes on. Paper money of states.
Paper money is a terrific convenience for states. But not for the public. The government is printing a lot of money. It has an unlimited supply. His own tastes and misguided policies are turning to the public as inflation. People who have knowledge and research notice this and are investigating cryptocurrencies.
That's why I don't look at cryptocurrencies as value. I look at it as the future. I look at it as a huge revolution.
I like this kind of writing. It increases my motivation. I like to see people who think. It's a hope for me to know that these people exist.
Good reading.
Still early! Go BTC!
I totally agree, the foundation of bitcoin is solid and I think its demand will increase in the coming years when people understand bitcoin at least a bit.
Thanks for this nice article.
The foundation of Bitcoin is very solid and as you said it provides basic guarantees to its users.
Like you, I strongly agree that the demand for Bitcoin will continue to increase in the coming years.
Awareness of the advantages, opportunities and freedoms that Bitcoin brings will increase and who knows, maybe the unit price of Bitcoin will be 1 million dollars.
I have always told that There was a time when i came into market to earn money into a short time thinking that I will go buy something and sell at high earn and exit the market but it was not like that i bought my Bitcoin in 3rd Quarter of 2015 and after knowing about Blockchain i never wanted to sell my BTC at any higher prices till now and i can proudly say that i made the very right decision and I am not selling off my Bitcoin for just 50-60K Dollars cause the one who knows or understand the potential would never ever do such thing.
Interesting Read Sylvain
Thanks
Bitcoin ❤️
I trust Michael Saylor, I'm sure his vision will come true in the future and he will remove all obstacles in front of Bitcoin, patience will win again. I am considering holding my Bitcoin to take advantage of this unique opportunity. Since it will take a long time for Bitcoin to disappear or achieve absolute success, I think that Bitcoin will reach a very high value after many years have passed since the current price we bought Bitcoin. If we sell our Bitcoin when it reaches a level higher than Bitcoin's usual profit level, we will have taken a big step forward for our future. I think of the illustration created by Sylvain Saurel as a realistic and highly probable hypothesis. We must keep our psyche strong and stay away from people who are making propaganda to defame Bitcoin. We need to do our own research and working charts and analysts to predict future Bitcoin prices.
I think we're so close to the point of mass adoption of BTC or crypto in general. Crypto is talked about everywhere. Here in Canada it is talked about on every radio station. The time is now an I think there's so much more to come!
The foundation of Bitcoin is very solid and as you said it provides basic guarantees to its users.
Like you, I strongly agree that the demand for Bitcoin will continue to increase in the coming years.
Awareness of the advantages, opportunities and freedoms that Bitcoin brings will increase and who knows, maybe the unit price of Bitcoin will be 1 million dollars.
I don’t know the answer, but hopefully I’m going to be there to say “shit, in my time that was worth way less”.
Bitcoin will move up to 1 mil, its inevitable!
By that time 1 BTC will be 100 million Satoshis :)
Bitcoin = Freedom.