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$BTC Bitcoin pioneer Hal Finney boldly predicted that each Bitcoin could one day reach a staggering $10 million in value.
Hal Finney’s prediction was not based on mere speculation but rather on a thoughtful analysis of Bitcoin’s potential as a global payment system. Finney envisioned a scenario where the collective value of Bitcoin would align with the total wealth of the world, which he estimated to be within the range of $100 trillion to $300 trillion dollars at the time.
By dividing this value among the limited supply of 21 million Bitcoin, his calculation resulted in an astonishing value of $22,074,619 per Bitcoin.
At the time, Hal’s prediction may have seemed highly speculative or even absurd to a casual observer at the time. However, in 2024 — many people today share his opinion about Bitcoin’s price potential.
#Share1BNBDaily
Hal Finney’s prediction was not based on mere speculation but rather on a thoughtful analysis of Bitcoin’s potential as a global payment system. Finney envisioned a scenario where the collective value of Bitcoin would align with the total wealth of the world, which he estimated to be within the range of $100 trillion to $300 trillion dollars at the time.
By dividing this value among the limited supply of 21 million Bitcoin, his calculation resulted in an astonishing value of $22,074,619 per Bitcoin.
At the time, Hal’s prediction may have seemed highly speculative or even absurd to a casual observer at the time. However, in 2024 — many people today share his opinion about Bitcoin’s price potential.
#Share1BNBDaily
$BTC
What is Bitcoin?
Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate.
What is Bitcoin?
Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily buy, sell, trade, and manage bitcoin and the most popular cryptocurrencies.
Table of Contents
What makes Bitcoin different?
What gives Bitcoin value?
How does Bitcoin work?
Who controls Bitcoin?
Why does Bitcoin exist? Is it needed?
Is Bitcoin legal?
Can bitcoin be stolen?
Could there be a bug in the Bitcoin software?
Can the Bitcoin network be shut down or hacked?
What makes Bitcoin different?
Bitcoin is a decentralized digital asset. Let’s break that down.
Bitcoin is a decentralized digital asset
Intermediaries
an account.
Exchanging cash directly doesn’t require intermediaries, but the creation of cash is solely dependent on a trusted third party, such as a central bank. The creation of new Bitcoin, by contrast, occurs programmatically and is limited to 21 million units. More on this later.
Money supply
What gives Bitcoin value?
The value of Bitcoin comes from two connected aspects that support and reinforce each other:
Its features
Its network effects
Bitcoin's features and network effects
When a network grows, its utility grows also. The classic example is a telephone network. When there are only a few people on the network, it’s hardly valuable. But when you can call anyone, the network is more valuable. The same is true of money networks.
Network effects
Historically, people have used everything from seashells to bottle caps as money, but arguably the most enduring form of money is gold. Why?
#Share1BNBDaily
What is Bitcoin?
Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate.
What is Bitcoin?
Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily buy, sell, trade, and manage bitcoin and the most popular cryptocurrencies.
Table of Contents
What makes Bitcoin different?
What gives Bitcoin value?
How does Bitcoin work?
Who controls Bitcoin?
Why does Bitcoin exist? Is it needed?
Is Bitcoin legal?
Can bitcoin be stolen?
Could there be a bug in the Bitcoin software?
Can the Bitcoin network be shut down or hacked?
What makes Bitcoin different?
Bitcoin is a decentralized digital asset. Let’s break that down.
Bitcoin is a decentralized digital asset
Intermediaries
an account.
Exchanging cash directly doesn’t require intermediaries, but the creation of cash is solely dependent on a trusted third party, such as a central bank. The creation of new Bitcoin, by contrast, occurs programmatically and is limited to 21 million units. More on this later.
Money supply
What gives Bitcoin value?
The value of Bitcoin comes from two connected aspects that support and reinforce each other:
Its features
Its network effects
Bitcoin's features and network effects
When a network grows, its utility grows also. The classic example is a telephone network. When there are only a few people on the network, it’s hardly valuable. But when you can call anyone, the network is more valuable. The same is true of money networks.
Network effects
Historically, people have used everything from seashells to bottle caps as money, but arguably the most enduring form of money is gold. Why?
#Share1BNBDaily
PAWS 🐾 Most Trending On X Viktor Also Support This Project
Join Paws 🐾 -
https://t.me/PAWSOG_bot/PAWS?startapp=mTyT0gJQ
Join Paws 🐾 -
https://t.me/PAWSOG_bot/PAWS?startapp=mTyT0gJQ
#BecomeCretor #BinanceCreatorsAward @Binance Square Official @Binance Academy @Binance Announcement @Ton Network $TON
Predicting the future price of any cryptocurrency, including TON (Toncoin), involves significant uncertainty and relies on various factors such as market trends, adoption, technological developments, and broader economic conditions.
For speculative insights, consider:
1. **Technical Analysis**: Review charts and historical performance.
2. **Fundamental Analysis**: Evaluate the project's technology, team, and market position.
3. **Market Sentiment**: Monitor news, social media, and expert opinions.
Always approach cryptocurrency investments with caution and consider consulting a financial advisor for personalized advice.
Predicting the future price of any cryptocurrency, including TON (Toncoin), involves significant uncertainty and relies on various factors such as market trends, adoption, technological developments, and broader economic conditions.
For speculative insights, consider:
1. **Technical Analysis**: Review charts and historical performance.
2. **Fundamental Analysis**: Evaluate the project's technology, team, and market position.
3. **Market Sentiment**: Monitor news, social media, and expert opinions.
Always approach cryptocurrency investments with caution and consider consulting a financial advisor for personalized advice.
#BinanceCreatorsAward #binancecreator
#DOGSCommunity $TON
As of August 2024, the $DOGS token is listed on Binance for trading. This token, inspired by the Telegram mascot Spotty, has garnered attention due to its strong community backing and strategic allocation of its supply.
### Key Details:
- **Trading Start Date:** August 20, 2024
- **Initial Trading Pair:** $DOGS/USDT
- **Initial Price Range:** Predictions for $DOGS suggest it might range between $0.00062 and $0.0025 depending on the market cap【18†source】【19†source】.
The token is also available on other platforms like OKX, where pre-market futures and spot trading options are provided. If you're interested in trading $DOGS on Binance, it's important to monitor the price closely due to the potential for significant volatility typical of meme tokens.
#DOGSCommunity $TON
As of August 2024, the $DOGS token is listed on Binance for trading. This token, inspired by the Telegram mascot Spotty, has garnered attention due to its strong community backing and strategic allocation of its supply.
### Key Details:
- **Trading Start Date:** August 20, 2024
- **Initial Trading Pair:** $DOGS/USDT
- **Initial Price Range:** Predictions for $DOGS suggest it might range between $0.00062 and $0.0025 depending on the market cap【18†source】【19†source】.
The token is also available on other platforms like OKX, where pre-market futures and spot trading options are provided. If you're interested in trading $DOGS on Binance, it's important to monitor the price closely due to the potential for significant volatility typical of meme tokens.
#BecomeCretor #Bitcoin❗
Bitcoin's price can be both high and low depending on the timeframe you're looking at and the factors influencing the market at that time. Here's how you might interpret it:
### 1. **Short-Term (Daily/Weekly)**
- **High:** If the price is experiencing a strong upward trend due to positive news, increased buying interest, or other bullish factors, it would be considered high in the short term.
- **Low:** Conversely, if there’s negative news, a market correction, or a decrease in demand, the price could dip, making it relatively low.
### 2. **Long-Term (Months/Years)**
- **High:** In a longer-term context, Bitcoin's price might seem high if it’s near all-time highs or has been on a consistent upward trend for an extended period. For example, prices above $60,000 are considered high compared to historical averages.
- **Low:** Historically, prices below $20,000 might be considered low, especially if you're looking at it from the perspective of Bitcoin's all-time highs.
### 3. **Relative to Historical Averages**
- **High:** Bitcoin's all-time high was over $68,000 in November 2021. Any price approaching this level or beyond would be considered high.
- **Low:** Any significant drop from these highs, such as during market corrections where Bitcoin has dipped to levels like $30,000 or $20,000, would be considered low.
### 4. **Market Sentiment**
- **High Sentiment:** When investors are optimistic, believing that Bitcoin will continue to rise, they may perceive the price as being justified or even low compared to future potential.
- **Low Sentiment:** If investors are pessimistic due to external factors like regulations or economic downturns, they might view the current price as high, expecting further declines.
### **Current Price Context**
To determine whether Bitcoin's price is high or low at this moment, you would need to compare the current price against recent historical data, market conditions, and broader economic factors. If you want, I can check the latest data for you.$BTC
Bitcoin's price can be both high and low depending on the timeframe you're looking at and the factors influencing the market at that time. Here's how you might interpret it:
### 1. **Short-Term (Daily/Weekly)**
- **High:** If the price is experiencing a strong upward trend due to positive news, increased buying interest, or other bullish factors, it would be considered high in the short term.
- **Low:** Conversely, if there’s negative news, a market correction, or a decrease in demand, the price could dip, making it relatively low.
### 2. **Long-Term (Months/Years)**
- **High:** In a longer-term context, Bitcoin's price might seem high if it’s near all-time highs or has been on a consistent upward trend for an extended period. For example, prices above $60,000 are considered high compared to historical averages.
- **Low:** Historically, prices below $20,000 might be considered low, especially if you're looking at it from the perspective of Bitcoin's all-time highs.
### 3. **Relative to Historical Averages**
- **High:** Bitcoin's all-time high was over $68,000 in November 2021. Any price approaching this level or beyond would be considered high.
- **Low:** Any significant drop from these highs, such as during market corrections where Bitcoin has dipped to levels like $30,000 or $20,000, would be considered low.
### 4. **Market Sentiment**
- **High Sentiment:** When investors are optimistic, believing that Bitcoin will continue to rise, they may perceive the price as being justified or even low compared to future potential.
- **Low Sentiment:** If investors are pessimistic due to external factors like regulations or economic downturns, they might view the current price as high, expecting further declines.
### **Current Price Context**
To determine whether Bitcoin's price is high or low at this moment, you would need to compare the current price against recent historical data, market conditions, and broader economic factors. If you want, I can check the latest data for you.$BTC
🌟Yescoin Global Ambassador Program🌟
With thousands of applications each day, we're thrilled to open the Yescoin Global Ambassador Program!
#TONonBinance #yescoinairdrop
Join the ranks of Yescoin Ambassadors:
🌍 Represent Our Brand
🔥 Share Our Success
💎 Enjoy Airdrops & Exclusive Perks
🚀 Be the Catalyst for Change
Join Us: https://t.me/theYescoin_bot/Yescoin?startapp=kivzwo
Yes, let's make a difference! Together We Rise, Together We Yes!
With thousands of applications each day, we're thrilled to open the Yescoin Global Ambassador Program!
#TONonBinance #yescoinairdrop
Join the ranks of Yescoin Ambassadors:
🌍 Represent Our Brand
🔥 Share Our Success
💎 Enjoy Airdrops & Exclusive Perks
🚀 Be the Catalyst for Change
Join Us: https://t.me/theYescoin_bot/Yescoin?startapp=kivzwo
Yes, let's make a difference! Together We Rise, Together We Yes!
$TON If you're referring to "TON," it could be related to **The Open Network (TON)**, which is a blockchain project originally developed by the team behind Telegram. The TON cryptocurrency (often referred to as Toncoin) is used within this ecosystem.
As with any cryptocurrency, the price of Toncoin can fluctuate due to market demand, investor sentiment, developments within the TON ecosystem, and broader market conditions. A "pump" refers to a rapid increase in the price of a cryptocurrency, usually driven by high demand, positive news, or coordinated buying by a group of investors.
To get the most accurate and up-to-date information on the price of Toncoin and any recent "pump" activity, it's best to check cryptocurrency tracking websites, financial news sources, or trading platforms.
Would you like to check the current price or recent news related to Toncoin? If so, I can assist with that.#TONonBinance
As with any cryptocurrency, the price of Toncoin can fluctuate due to market demand, investor sentiment, developments within the TON ecosystem, and broader market conditions. A "pump" refers to a rapid increase in the price of a cryptocurrency, usually driven by high demand, positive news, or coordinated buying by a group of investors.
To get the most accurate and up-to-date information on the price of Toncoin and any recent "pump" activity, it's best to check cryptocurrency tracking websites, financial news sources, or trading platforms.
Would you like to check the current price or recent news related to Toncoin? If so, I can assist with that.#TONonBinance
$BTC Predicting the future price of Bitcoin or any other cryptocurrency is highly speculative and uncertain. Bitcoin prices are influenced by a wide range of factors including market demand, regulatory news, technological advancements, macroeconomic conditions, and investor sentiment, among others.
Some analysts use technical analysis, historical trends, or models like the stock-to-flow model to make predictions, while others might rely on broader economic indicators or even social media trends. However, these predictions can vary widely and are often inaccurate.
For the most current predictions and analysis, it’s best to consult multiple sources like financial news outlets, cryptocurrency analysts, and market experts. Keep in mind that investing in cryptocurrencies carries significant risk due to their volatility.$BTC
#BTC☀
Some analysts use technical analysis, historical trends, or models like the stock-to-flow model to make predictions, while others might rely on broader economic indicators or even social media trends. However, these predictions can vary widely and are often inaccurate.
For the most current predictions and analysis, it’s best to consult multiple sources like financial news outlets, cryptocurrency analysts, and market experts. Keep in mind that investing in cryptocurrencies carries significant risk due to their volatility.$BTC
#BTC☀
Bitcoin's price can be influenced by a variety of factors, and its failure to experience a significant "pump" or price increase at a given time can be attributed to several reasons:
1. **Market Sentiment**: Investor sentiment plays a crucial role in driving price movements. If market sentiment is bearish or uncertain, it can prevent significant price increases.
2. **Regulatory Concerns**: Changes in regulations or government policies regarding cryptocurrencies can impact investor confidence and market stability.
3. **Economic Conditions**: Broader economic factors, such as inflation rates, interest rates, and economic instability, can influence Bitcoin's price.
4. **Market Saturation**: As more people become involved in Bitcoin, the market can become saturated, leading to less dramatic price movements.
5. **Technical Factors**: Bitcoin’s price is also influenced by technical analysis and trading patterns. If key support levels are broken or if there is a lack of bullish technical signals, price increases may be limited.
6. **Competition**: The rise of other cryptocurrencies and blockchain technologies can divert attention and investment away from Bitcoin, impacting its price.
7. **Liquidity**: Lower trading volume can result in less volatility and smaller price movements. High liquidity usually supports more significant price swings.
Understanding these factors can help explain why Bitcoin might not experience a sudden or substantial price increase at a particular time.
1. **Market Sentiment**: Investor sentiment plays a crucial role in driving price movements. If market sentiment is bearish or uncertain, it can prevent significant price increases.
2. **Regulatory Concerns**: Changes in regulations or government policies regarding cryptocurrencies can impact investor confidence and market stability.
3. **Economic Conditions**: Broader economic factors, such as inflation rates, interest rates, and economic instability, can influence Bitcoin's price.
4. **Market Saturation**: As more people become involved in Bitcoin, the market can become saturated, leading to less dramatic price movements.
5. **Technical Factors**: Bitcoin’s price is also influenced by technical analysis and trading patterns. If key support levels are broken or if there is a lack of bullish technical signals, price increases may be limited.
6. **Competition**: The rise of other cryptocurrencies and blockchain technologies can divert attention and investment away from Bitcoin, impacting its price.
7. **Liquidity**: Lower trading volume can result in less volatility and smaller price movements. High liquidity usually supports more significant price swings.
Understanding these factors can help explain why Bitcoin might not experience a sudden or substantial price increase at a particular time.
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BURNGMT
19.4M views
8,764 Posts
$XRP
🚨 How much XRP Token have Holded by "Black Rock " Company , The world largest assets Holders . 😱
👀 there are reports claiming BlackRock may invest up to $9 trillion into XRP, this figure actually refers to BlackRock’s total assets under management, not a dedicated XRP investment. The company has been exploring blockchain and cryptocurrency investments, particularly Bitcoin, and has even filed for a Bitcoin spot ETF.
🔥🔥🔥 600M GMT BUYBACK AND BURNGMT INITIATIVE: A SHOWCASE OF TEAM CONFIDENCE AND STRENGTH: 😮
The 600M GMT Buyback and BURNGMT Initiative exemplifies the strength and confidence of the GMT team in the long-term growth and stability of their project. This initiative is a pivotal moment for the GMT ecosystem, as it involves the repurchase of 600 million GMT tokens, totaling a significant $100 million investment. These tokens, which were originally allocated to early advisors, team members, and investors, had not yet been unlocked, making this buyback a powerful statement of the team’s commitment to the project’s future.
The BURNGMT Initiative is more than just a token burn; it is a strategic move that reduces the circulating supply of GMT tokens, potentially increasing the value of remaining tokens. By participating in this initiative, holders not only support the deflationary model but also show their trust in the team's vision and dedication. The decision to burn tokens from early stakeholders demonstrates transparency and a long-term focus, reinforcing investor confidence.
This initiative highlights the team's ability to take bold, decisive actions to enhance the overall health of the ecosystem. As more tokens are burned, the remaining supply becomes more scarce, which could drive demand and increase value over time. For investors and token holders, participating in the BURNGMT initiative is an opportunity to be part of a significant milestone that showcases the GMT team’s confidence.
#BURNGMT @GMT DAO $GMT
#Share1BNBDaily #BinanceNextWave
#2024WithBinance #CardanoFoundationHack $XRP
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