BTC has returned above 100,000. Around December 22, when the price dropped to about 92,000, I posted several articles urging you to get on board. I wonder if anyone acted?
Look at how accurately a KOL predicts cycles and coin prices; you can tell by their historical articles. I started posting daily about getting on board when the price was over 20,000 in 2023.
I don't know about you, but I know that our internal community members are all required to buy in solidly during dips. The costs for old members are so low that you wouldn't believe it, and new members quickly build positions after selecting good targets.
You ask me if it will go up or down tomorrow, I don't know; will it go up or down next week? I don't know either; even the gods don't know. If the financial market can predict a second ahead, you would be the richest person in the world. If you don't acknowledge this, you're still a novice.
But when you ask if the price will go up or down in the next two to three months, six months, or a year, my prediction accuracy is still very high.
It's not that I'm smarter than anyone; it's just that I understand Bitcoin much better than you and I understand the cycles much better than you.
If you don't believe it, keep reading; even the next article can elevate your understanding of Bitcoin.
What is Bitcoin?
In essence, Bitcoin is the perfect digital gold of the new technological era, and its attributes are to replace metallic gold as a tool and value maintainer to fully resist the inflation of fiat currency.
Its ultimate role is for people to protect their wealth from being harvested by the endless inflation of fiat currency.
It is also due to its maturity that the value-bearing system of human society can become sound.
Bitcoin can effectively absorb any inflation bubble, allowing users of fiat currency to completely escape the disadvantaged position of inequality with the right to issue currency; thus, it is a reasonable balance against the right to issue currency.
Metallic gold is essentially a primitive version of the role Bitcoin is to undertake. Its disadvantages, such as being hard to carry, difficult to divide, hard to manage, unlimited liquidity and production, and inability to preserve value accurately, make it unable to fully perform its function as a widely usable means against the endless inflation of fiat currency and as a storage of value.
Its simplicity and functional shortcomings also make it difficult for inexperienced people to recognize the true needs for Bitcoin, leading to many misunderstandings about it.
However, humanity indeed needs a tool that can perfectly balance fiat currency inflation and accurately preserve value without loss.
New technology has given birth to such a perfect tool in human history, which can fully meet the global public's need for personal wealth protection.
Bitcoin is essentially an upgrade of the functions of metallic gold, its significance is completely like how cars replaced horse-drawn carriages and e-commerce replaced physical stores; it is certainly not a competitor to fiat currency.
Just like metallic gold, its existence poses no harm to any country or society; it only promotes wealth equity and fairness in the monetary system, benefits the stability of the financial system, reduces social instability factors, and enhances human civilization.
Thus, it is important to have a correct understanding of Bitcoin, and taking advantage of the human ambiguity towards blockchain technology applications and the proliferation of other virtual currencies rising with Bitcoin is not beneficial to humanity.
As humanity gradually recognizes the complete picture of the monetary system and due to the instinctive pursuit of a sound value-bearing system, Bitcoin will ultimately achieve great success!
The process of Bitcoin's price rise and the principle of a universally applicable and precise wealth protection method are as follows:
Currently, the total amount of fiat currency globally is about 100 trillion dollars, and each of the over 20 million Bitcoins needs to reach 5 million dollars to equate to the total amount of global fiat currency.
Thereafter, as fiat currency continues to inflate, the price of Bitcoin will rise equivalently to protect wealth from devaluation.
If we equate the global wealth value of 550 trillion dollars with Bitcoin's price, its price would rise to over 20 million dollars per coin to reach a relatively stable target.
Therefore, even if the price of Bitcoin in the future reaches a value equivalent to global fiat currency or wealth, purchasing and storing it at that time will still not be a loss.
It will continue to appreciate unless fiat currency stops expanding, which it will not; fiat currency eternally expands, while Bitcoin eternally appreciates.
Therefore, high-priced Bitcoin trading will remain active in the future, at which point the price of Bitcoin will be closely correlated with the equivalent value of global fiat currency or wealth, and its significant volatility during the growth phase will no longer exist.
Human understanding of Bitcoin is becoming increasingly clear, and the consensus on its digital gold attributes will become more widespread and solid, with more mainstream global forces increasingly participating in the process of promoting Bitcoin's development.
Therefore, before reaching the aforementioned goals, in the next one or two decades, the price of Bitcoin will soar, all backed by strong internal logic!
Bitcoin is the most reliable application of blockchain technology and virtual currency, while others tend to be impractical, with the vast majority being bubbles.
Bitcoin, the best is yet to come!