Owning just 1 Bitcoin could change your life!
One Bitcoin (BTC) today is worth roughly 10,000 dollars in August 2019.
1 BTC was worth $3500 in December 2018, so its price has roughly tripled in recent months.
After two years of bear market, the crypto community is waiting for a market reversal initiated by Bitcoin which has recovered a lot in recent months.
In ten years, this volatile asset has gone from a few dollars to $20,000 in early 2018.
This suggests new bullish cycles in the future with a Bitcoin that will certainly reach one day $100,000 and more in the following years with the adoption of cryptocurrencies that will accelerate.
Owning just 1 bitcoin can therefore be an investment that could pay big in the future.
There are basically 21 million Bitcoin coins planned in Bitcoin’s white paper, but in the end there will only be like 17 million left with all the bitcoins that people will lose forgetting their password and private keys, lost usb keys, broken hard drives etc, …
Rarity raises the price of an asset like gold, Bitcoin has become a bit like gold, a safe haven and its price should therefore continue to rise by attracting more buyers and fewer tokens available for sale.
A Bitcoin at $1 million is quite possible but in years of course, not tomorrow.
The CEOs of the biggest crypto exchanges have recently reiterated the opportunity that may be to own even just one Bitcoin.
Brian Armstrong, the CEO of Coinbase, in a message on Twitter says:
“For better or worse, I do think owning one whole Bitcoin will increasingly become a big deal. Only 21M will ever be produced, and some people already own much more than one.”
For better or worse, I do think owning one whole Bitcoin will increasingly become a big deal. Only 21M will ever be produced, and some people already own much more than one. https://t.co/7gFvMDdqG5
— Brian Armstrong (@brian_armstrong) August 24, 2019
Brian Armstrong, who is certainly one of Bitcoin’s millionaires, as mentioned in our article on Bitcoin Millionaires.
Changpeng Zhao (aka “CZ”), co-founder and CEO of Binance, also came up with the fact that owning 1 Bitcoin (BTC) will make this person one of the richest in the world from a mathematical point of view.
CZ states this:
“If you own 1 BTC, you are mathematically guaranteed to be top 3/1000 richest in the world, in BTC terms. (21m / 7B).”
If you own 1 $BTC, you are mathematically guaranteed to be top 3/1000 richest in the world, in BTC terms. (21m / 7B).
— CZ Binance (@cz_binance) August 25, 2019
These people have already made a fortune thanks to Bitcoin and cryptocurrencies.
With these messages, these major players in the crypto world want to highlight the evolution of the price of Bitcoin (BTC) which is in a bullish movement in the long term with of course correction cycles like during the last two years.
If Bitcoin (BTC) is the new gold or digital gold as some call it, its value should reach 6 figures in the coming years or the next bull market on the horizon.
This article is not financial advice of course, do your own research before investing your money, Bitcoin is a very volatile asset.
There are also other cryptocurrencies on the market like Ethereum (ETH) which is a main player in the ecosystem of blockchain and Dapps (decentralized applications).
