Replying to Avatar Benking

#Bitcoin Price on New Year's Day🎉

2011: $0.30

2012: $5

2013: $13

2014: $745

2015: $316

2016: $433

2017: $980

2018: $13,417

2019: $3,694

2020: $7,197

2021: $29,172

2022: $46,985

2023: $17,377

2024: $43,188

2025: $93,958

2026: $87,850

2014, 2018, 2022 and now 2026 are years in which #Bitcoin started the new year at a lower price than the previous year.

This data reminds us of a few things:

1) volatility is now part of #Bitcoin

2) its range has narrowed

3) the positive direction of movement remains stable over the long term; and 4) the four-year cycle has been broken.
Avatar
StarryStarryNight 3d ago 💬 1

The 4 year cycle theory was fun to speculate with and dream about.

Now that fallacy has been buried and we can build from a solid base.

I don’t know what the adoption rate of the network will be nor the price of the asset going forward.

I’m ok with not knowing and uncertainty.

Bitcoin is where I want to spend my time and focus my energy on.

I like an honest ledger

SAME RULES FOR EVERYONE

Reply to this note

Please Login to reply.

Discussion

Avatar
Benking 3d ago

Love this. 🔥

Uncertainty is part of the game, and Bitcoin is the only place that makes sense to focus time and energy.

No shortcuts, no favors, honest ledger, same rules for everyone.

Here for the long-term, not the hype. 🚀#BitcoinMaximalist