Ten years after the legalization of Bitcoin in Hong Kong, China, what will it look like? At that time, the price in front of you may really be very small. There are 8 billion people and the Bitcoin penetration rate is not 2 billion. Assuming that BTC has 2 billion users now, it is estimated that it will be difficult to buy 38200 CNY for 0.021, let alone 2.5 billion or 3 billion. In the future In the past two decades, 500 million people will learn about BTC every four years, and every hot-search news will attract speculators. The consensus effect is still effective, and the resonance will be stronger. The biggest function of Bitcoin is payment. It is the king of altcoins and a currency without borders. Is there anything more powerful than this application? Web3, metaverse, NFT, side chain. Human life may not need decentralized smart contracts at all. Human beings need it. It is a decentralized currency, but the hype will not stop. Continuous issuance of coins and small pictures will only deceive you. In short, without legal supervision, we may still be able to make money in the currency circle. With legal supervision, we may not have any chance. As the price continues to rise, we will soon see many countries define Bitcoin as legal tender, even if some countries do not recognize the legality.
2013 was a crazy year. Bitcoin has been skyrocketing for a whole year. From a few hundred yuan to 8,000 yuan. I will always remember Alipay launching Yu’e Bao on June 6, 2013.
The market was slightly quiet in 2014.
The capital market continued to be crazy in 2015. A-share bullies are full of legends about making money by trading stocks in exchange for luxury cars. A certain group of friends in my group lost all the money they earned from the currency market in the stock market and complained to me in a panic that a certain stock allocation platform had cheated him. Housing prices started to rise in 2015, domain names ushered in a bull market in 2015, and it was also the year when online lending and financial management rose.
In 2016, house prices across the country were skyrocketing. I looked at houses everywhere and visited many sales offices, but they all said they were sold out.
In 2017, the big bulls in the currency market went on a national tour to raise funds in the currency circle. At that time, it was easy to withdraw cash. A friend of mine withdrew several million in a week without getting into any trouble.
After that, the currency market began to move toward mediocrity. From 2018 to 2020, it was just the lingering warmth. There will be a wave of rise in 2021, and it will no longer regain the glory of 2017. 2018 is a year where online lending and financial management have been booming. The domain name market has also continued to decline and has failed to recover. The same is true for the housing and stock markets.
From 2022 to 2023, the currency market will continue to be mediocre, and the entire investment market will continue to be mediocre.
If it happens every ten years, the capital market should take action.
Looking forward to 2024. I really hope that Bitcoin can overcome national boundaries and become a truly global currency.
Meme coins such as Shib, Pepe, Dogecoin, etc. are similar to the past flat-screen TVs, desktop computers, laptops, PC photo albums, etc. They were all popular for a while, and after that popularity, they became dull and gradually Abandoned and forgotten.
And Ripple is indeed doing things, doing practical things, and has been fighting against the SEC. Its focus has never stopped. Don’t dislike Ripple for rising less and slowly. It has always been in the suppressed stage. Once it breaks With Wuzhishan and other regulatory shackles, Ripple will surely soar into the sky and rise in steps throughout the year.
Tron, a token created by Boss Sun himself, also has great potential. We can joke about Sun Kao, but I have never joked about Sun Kao’s coins. His coin is indeed a big public chain, and it does have its value. value, which is beneficial to the currency circle. If one day TRON is completely destroyed, the currency circle and even the international payment system will face a temporary lull. In addition, Sun Ge's bttc is also valuable. Regardless of how much it cost to acquire, just processing 400 million data every day is enough to demonstrate its use value. Finally, I want to say that these coins have really not yet reached their peak. Once they reach their peak, currency holders will really have more than just wealth and freedom.
There are many people in the currency circle, so trust your own judgment and make your own choices. This article does not make any reference or recommendation. Investment is risky, so be cautious when entering the market!