January was the month Bitcoin was born ten years ago. In its initial, bitcoin was sent to members of forums as rewards for good comments. Then on May 22, 2010 the first transaction as a form of payment took place. On this date, a person bought two pizzas for 10,000 bitcoins which was worth $30 at the time. Today, this person’s bitcoins would of been worth about $38 million if this individual would of held on to their bitcoins. But sadly, this person never thought that one day 1 bitcoin would be worth as much as $20,000. Imagine what this person would of bought with these bitcoins. I know for sure what I would do with it. Do you?
I wish I would've known about Bitcoin when the price of 1 coin was worth pennies or in the dollars. I put myself into this person shoe’s and wonder how my life would be different today. I think about what I could of bought and how my life would have changed for the better of course. Even though the price of 1 Bitcoin is too expensive for me to buy. I do invest in Bitcoin because I believe in it. I think one day not so in the distant future the price of bitcoin will grow. Every month I buy Bitcoin worth $20 to $40. I have been investing in Bitcoin since January 2017. So far I have $500 worth of Bitcoin. I intend to invest in Bitcoin until the price of Bitcoin soars to an all time-high.
Many millionaires were made in December 2017 when the worth of 1 Bitcoin flourished to $20 K. These people who made millions believed that one day Bitcoin was going to be worth so much more. And those who didn’t like the pizza person lost their opportunity to change their lives and the lives of their friends and family.
If you would of known about Bitcoin when it was worth pennies do you think you would of had the attitude of the pizza person or the millionaire? If you opted for the millionaire, what do you think you would have done with the money? Do you think that Bitcoin will one day rise higher than $20,000 in the future? If so, when do you think that will be? I want to hear your comments. Your comments will be much appreciated. Good day to all of you who took the time to read my post. Thank you again.
Article Cited:
Images Cited:
https://www.theverge.com/2019/1/3/18166096/bitcoin-blockchain-code-currency-money-genesis-block-silk-road-mt-gox
https://blog.cryptology.com/trade-1-btc-share-10-btc-celebrating-bitcoins-10th-birthday-31-october-to-7-november/
https://www.pexels.com/photo/abundance-achievement-bank-banknotes-534229/
https://www.123rf.com/clipart-vector/thinking_bubble.html?sti=o254zz4nqz102p65gv|
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