MOST of the #BTC supply was issued when #Bitcoin had a much lower value.
As more people understand and want BTC, the supply DECREASES.
Over the next ~120 years, 1.4 million more coins will enter the economy. There will never be more than 21 million BTC.
Most early holders would have sold prematurely or would have lost their keys because they didn't understand how Bitcoin works. It was worthless to them.
Today, people are making an even worse mistake: they're ignoring what's right in front of them. You can do just a few hours of research and conclude that Bitcoin's price will go up forever in terms of any fiat currency.
50% of the BTC supply was issued from 2009-2012.
Price at first halving: $12
25% of the BTC supply was issued from 2012-2016.
Price at second halving: $680
12.5% of the BTC supply was issued from 2016-2020.
Price at third halving: $8,590
6.25% of the BTC supply will have been issued from 2020-2024.
What will Bitcoin's price be at the fourth halving in 2024?
The issuance rate of Bitcoin will drop to less than 1% of total supply in April 2024, and it will drop forever until it reaches 0. People are putting away as many coins as they can and those coins will never enter the economy again.
The facts are all in front of you.
You can ignore them all you want.
The price of BTC will eventually reach:
• $100,000
• $1,000,000
• $10,000,000
• $100,000,000
and there's nothing anyone can do to stop it.