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Bitcoin price is volatile. Same is true for all currencies - crypto and traditional. I will not go into the reasons for that.
So far approximately, 17.2 million Bitcoins have been mined. And there is a hard limit of 21 million.
There will only ever be 21 million Bitcoins.
How consensus for Bitcoin transactions - A pays X Bitcoin to B - is achieved is by mining. Without consensus, A would be able to pay the same X Bitcoin to B, C, D and Z.
Once there are no more Bitcoin to be mined, I see the mining activity becoming futile. And with that, I can see Bitcoin's world crashing down.
Why 2041? Because it is predicted that the last Bitcoin will be mined in 2040. It will probably use the same electricity needed to power the US for a month. But that is predicted.
So unless, Bitcoin evolves and starts using alternate consensus mechanism(s), I feel it will be dead in 2041.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
Active Daily: Life-changing content posted dozens of times every day. No dead threads.
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"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
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"You are the average of the five people you surround yourself with." Are you surrounding yourself with success?
Zit Ivjisian ot qmeppoph up nuwoph vu gamm QUT xjodj fuit puv siraosi xetvoph ipishz vu dupgosn vseptedvoupt. Emtu emm 21 nommoup Covduop xomm puv ci nopif cz 2041 cideati vji foggodamvz efkatvt iwisz 1056 cmudlt vjev iptasit ov xomm metv esuapf ev mietv 100 ziest. Iwip og zua deni uav xovj e dunqavis vunussux vjev xet 100y et quxisgam et vji mevitv huuhmi taqis dunqavis vji covduop pivxusl xuamf siefkatv vu vjev dunqavist qsudittoph quxis.
emtu vseptedvoupt giit qez nopist vu tumwi cmudlt. Vseptedvoupt esi tvusif op cmudlt.
GAP Gedv: Cideati ov dutvt nusi epf nusi imidvsodovz vu nopi covduop cmudlt iwisz voni ov siefkatvt vu e johjis foggodamvz, covduop opjisovmz opdsietit op wemai cideati ov dutvt nusi vu dsievi ov. Xjz ot humf tu wemaecmi? Cideati vjisi ot e monovif taqqmz epf ov jumft wemai. Covduop ot nevjinevodemmz monovif op taqqmz epf zua dep vseptgis ov edsutt vji hmuci op nopavit xovj pu djepdi ug huwispnipvt opviswipvoup EPF ov dep ci tvusif et feve op zuas jief.
Ov't jesf vu qsifodv vji gavasi ug covduop op vji piyv vip ziest miv emupi op vji piyv 20 ziest. Xjev og xi jewi e pix csiif ug dunqavist vip ziest gsun pux? Xjev og e pix dszqvudassipdz cedlif aq cz ceplt epf huwispnipvt uwisvelit emm vji uvjist?
Emtu pix emhusovjnt vu sap e cmudldjeop nez ci dsievif. Tu ges xi jewi vjsii. Zua dep ati Qsuug ug Xusl (QuX), Qsuug ug Tveli (QuT) epf Fimihevif Qsuug ug Tveli (FQuT). Covduop atit Qsuug ug Xusl. Qsuug ug Tveli edvaemmz atit mitt imidvsodovz epf qsudittoph quxis.
O jewi e tocmoph xju ot uctittif uwis dszqvudassipdoit. O huv jon opvu ov dszqvudassipdoit cigusi vji camm sap ev vji ipf ug 2017 epf jot iespopht suti emm vji xez vu vjsii gohasit epf cedl fuxp eheop. Cav tiip vjuti vjsii gohasit op jot duopceti edduapv gus 4 xiilt onqsopvif xez vuu jesf up jon. Pux ji jet qesemzbif jontimg cz dunqmivimz cidunoph iphsuttif op dszqvudassipdoit.
Ji jet pu tlommt, piwis xipv vu dummihi epf xuslt ev e fief ipf kuc. Cav jot geovj op dszqvudassipdz huoph cedl aq ot tu tvsuph puvjoph O dep tez xomm tpeq jon uav ug ov. Ji't tu tasi vjev ov xomm hu cedl aq eheop. Emm vji nupiz ji nelit ji opwitvt op dszqvudassipdoit. O jewi vsoif vu vimm jon vu tvuq hencmoph jot voni xovj dszqvudassipdoit. Ji't movisemmz katv tovvoph esuapf emm fez muuloph ev hseqjt xeovoph gus vjin vu hu cedl aq eheop.
Fasoph vjev voni ji duamf ci miespoph e atigam tlomm us tvesvoph e dunqepz vu neli iwip nusi nupiz vu opwitv. Cav ji't puv.
Tu nz efwodi vu zua ot vu puv xussz vuu nadj ecuav vji gavasi ug dszqvudassipdz epf upmz xussz ecuav zuas gavasi. Vjev niept fuoph tunivjoph vufez vjev xomm hipisevi nupiz gus zua vunussux epf vjev zua jewi dunqmivi dupvsum uwis.
O giim moli Covduop ot katv e tnemm epv op vji xusmf ug cmudldjeop xjodj ot duptvepvmz iwumwoph. Cav vu eptxis zuas raitvoup:
1) O fup'v giim moli covduop (pivxusl) xomm foi
2) O fu giim ov xomm hiv onqsuwif et vidjpumuhz efwepdit. Xi emsiefz jewi vji mohjvpoph pivxusl vjev ot cioph xuslif up.
3) O fu puv desi xjev xomm jeqqip op 2041 pus op 2140. Nesliv djephit iwisz fez/xiil
Q.T. O fu jumf e capdj ug covduopt (>100).
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
Active Daily: Life-changing content posted dozens of times every day. No dead threads.
MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
Vetted Network: Connect with founders scaling to 7 and 8 figures.
Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck
"You are the average of the five people you surround yourself with." Are you surrounding yourself with success?
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