Bitcoin from 0 to $855 billion in 15 years

Bitcoin celebrated its 15th birthday two days ago, and social media was posting messages to celebrate.

Time flies very fast. Bitcoin has been online and developed for 15 years. In these 15 years, there have been high moments of $69,000 and bleak times when it has almost reached zero.

In the past 15 years, everyone has known Bitcoin at different price points. Some are at $1, some are at $1,000, and some are at the high of $69,000.

1. Bitcoin’s 15 Years

On January 3, 2009, the first BTC was dug up by Satoshi Nakamoto. From the beginning, when no one cared about it and was not recognized, it now has a market value of US$855 billion, ranking top 10 in the world.

Bitcoin’s 15 years have gone from 0 to 855 billion. It has changed some aspects of the global economy and also changed the life trajectory of many people.

On the blockchain, everything is recorded on the chain, all information is traceable, the total amount is limited and cannot be issued additionally, it is decentralized, and everyone can participate. Bitcoin has changed the way the economy is popular.

Two days ago, I saw the top 10 Bitcoin holder wallet addresses. Among them, the wallet of Satoshi Nakamoto, who was marked as having disappeared, contained 1.1 million BTC, currently worth more than 47 billion US dollars.

After Satoshi Nakamoto released the Bitcoin software in 2009, he maintained it for a period of time. After April 26, 2011, it completely disappeared.

Only his legend is left on the Internet, and other information cannot be found.

Bitcoin is truly decentralized, anonymous, distributed, and dispersed on every node around the world.

There are 1.1 million BTC in the wallet address labeled Satoshi Nakamoto

In 2010, there was a programmer named Laszlo Hanech, who mined a large amount of BTC. He wanted to see if BTC was valuable, so he launched an exchange event on the forum, exchanging 10,000 BTC for 2 pizzas.

Four days after the event was launched, someone actually sent him 2 pizzas, and he also transferred 10,000 BTC to the other party.

This is a milestone event for BTC. It is the first time that virtual currency can be exchanged for physical objects, and it also shows people’s consensus on Bitcoin.

Later, this pizza was called the most expensive pizza in history, worth $440 million in today’s terms.

Since then, Bitcoin has gone up and down, from a few cents to its current price of $44,000.

Sometimes I was denied and also sought after, sometimes I was hit but also recognized, I developed amidst difficulties, and almost came to nothing several times.

Suppression by political bodies, attacks by hackers, mainstream doubts, etc., the development history of Bitcoin is a difficult history of exploration and a process of consensus building.

From 0 to 44,000, to higher or zero in the future, waiting for the test of time.

2. My 15 years

I have been in the crypto market for three years. In the past three years, I have been learning from a novice and participating in market activities. I have occasionally made small gains, but I have also continued to step into pitfalls and been cut off. However, the blockchain has opened up a different vision of my life.

In the past 12 years, I may have heard of BTC, but never understood it seriously; so much so that when I entered the circle in 2021, I purchased my 0.0089th BTC at more than $55,000.

If I pay attention to BTC earlier, will I enter the market earlier? At that time, the price will be lower and there will be more opportunities. However, due to personal information barriers and cognitive limitations, I did not participate and missed the wild development of BTC in its early days.

That day I took a peek at the wallet of a big guy in the group. There were 400 BTC lying in it, worth hundreds of millions. And 10 years ago, he was just an ordinary person, but he seized the BTC opportunity at that time and can make money today.

Some bosses said that it is normal to miss opportunities in the currency circle. First, no one tells you! The second is that you don’t believe it. Everyone has the opportunity to enter the crypto market, but most people ignore it. Those who enter early can make huge profits.

According to relevant statistics, there are 420 million cumulative encryption users in the world, accounting for 5% of the world’s total population. We are already taking a step ahead of many people in this proportion.

No one knows how the crypto world will develop in the future, but I will continue to track and pay attention to BTC, hoping to seize this opportunity for change.

What about your 15 years?

You can see many people born in 2000 or even 10 years old on Twitter. They have seized opportunities in the crypto market, continue to learn and pay attention to the market, are young and energetic and dare to take challenges. They are the first batch of beneficiaries.

The crypto world is an opportunity for young people. Only by daring to accept new things can it be possible to open a new world.

BTC, which has experienced 15 years of development, is still a new thing. The current price is US$44,000. Whether it is the starting point or the end point, the answer has not yet been revealed. Those who believe in it continue to be holders, and those who question it continue to watch the excitement.

Most of us may be lucky enough to see the next 15 years. What kind of crypto market will we see when we grow old in 2029? We’ll see.

The above is just my personal opinion, no investment advice. I’m CryptoLola and I follow the crypto market and web3.