“Wait, you actually owned Bitcoin back before it was worth $10,000?”
With Bitcoin now surpassing the $10,000 mark and making mainstream headlines, the day is coming when people will be astonished that you owned it when it was so “cheap.”
The world’s first and biggest cryptocurrency continues to make this historical run while converting naysayers on a daily basis.
For those that have believed in cryptocurrency for years now knew it was just a matter of time. Early investors are banking on Bitcoin to grow exponentially stronger. Much stronger.
Consider this: Coinbase announced this week that the number of accounts on their site now exceeds the number of brokerage accounts at Charles Schwab. With over 13 million accounts, the rate at which new users are signing up reminds me of when Netflix first began to gain popularity. Ten years ago no one could have imagined this.
Bitcoin is a finite resource, and 21 million coins is all that will ever exist. While it is difficult to estimate how many accounts and wallets are being used on other sites and exchanges, it is highly likely that the crypto community has now grown to over 21 million people.
If that is indeed the case, then that would mean that if every current investor wanted just one Bitcoin that the price per coin would skyrocket to an astonishing $1 million per coin price tag.
For that reason alone, the day isn’t that far off that the mainstream and late adopters could very well be asking you,
“What? Are you serious? You actually owned Bitcoin back when it was only $10,000?”
Since new users brought in the money to make it all possible, please do your best to be humble when they have that jealous look on their face.
At this time of year, it’s a great opportunity to make shopping easy and to send your friends and family $5 worth of Bitcoin via email on the Coinbase app. You’ll feel good and they’ll enjoy it much more than an ugly sweater.