Buy 100 yuan bitcoin in 10 years
warm tips: the above explanations are for reference only, without any suggestions. There are risks in entering the market, so investment should be cautious. Before making any investment, you should make sure that you fully understand the nature of the investment and the risks involved in the proct. After a detailed understanding and careful evaluation of the proct, you can judge whether to participate in the transaction
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ten years from now, the price of bitcoin is unknown On December 17, 2017, bitcoin reached an all-time high of $19850. On June 22, 2019, the price of bitcoin broke through the $10000 mark. Bitcoin prices fluctuated around 10200, rising nearly 7% in 24 hours
On June 26, the price of bitcoin broke through US $12000, a 17 month high since January last year. In the morning of June 27, the price of bitcoin was close to $14000, reaching a new high of the yeartherefore, the future price trend of bitcoin is uncontrollable
4, low transaction costs:
bitcoin can be remitted free of charge, but in the end, a transaction fee of about 1 bit will be charged for each transaction to ensure faster transaction execution
Ten years ago, when bitcoin was first born, it cost a few cents. Today, 10 years later, it costs 18800 dollars. If we buy a bitcoin of 1 million yuan now, then bitcoin will still exist in another ten years, and the 1 million yuan will either rise 100 times or return to zero. These are two extreme results
in other words, if bitcoin is accepted by the international mainstream society for quite a long time in the future, its speculation and rising logic, including value storage, will be affected. Therefore, either bitcoin's value will return to zero completely, or its stable price will continue to rise. Obviously, the rising multiple will not be as crazy as in the previous decade< br />
First of all, let's take a look at the ranking of the two mainstream rich lists in 2018: among the top 400 Forbes China rich list released at the end of October, the 400th was shortlisted with RMB 5.8 billion; The threshold of Hurun's 100 rich list is set at 2 billion yuan, and in Hurun's global list, it takes us $1 billion to get into the list
let's look at how much bitcoin we could buy for 100000 yuan eight years ago (2010) and how much it is worth today: 100000 yuan eight years ago was about 15000 US dollars. Due to its special properties, bitcoin rose from US $0.003 to US $0.50 in just one year. Now, it is the first virtual currency with the price of 6000 + US dollars
The time of
was pushed to November of the same year. By this time, the price of bitcoin on the exchange had reached $0.5, a full increase of nine times. At this time, if you buy another $15000, you can only get 30000 bitcoins. According to today's market price of bitcoin, it's worth at most US $200 million, even less than a fraction of Ma's, so it's impossible to get into China's rich list, let alone the world's rich list? The richest man in the village at most
however, no matter what the current value is, no matter whether you are in the rich list or not, you can buy bitcoin in 2010 and hold it for so many years, starting from the single digit dollar of bitcoin to the glorious record of $18674, and then to the current decline of $6000 + without selling it, which is also a person worthy of admiration
How much is 100 yuan ten years ago worth now? We can analyze it from two perspectives
first from the perspective of purchasing power
from the perspective of purchasing power, 100 yuan must have depreciated a lot in the last 10 years. Ten years ago, that is, in 2009, the price of our country was relatively low compared with now. Of course, some goods were similar to now. For example, in 2009, the price of meat in our country was about 12 yuan, and now it is at this level. If we look at it from the perspective of consumer prices, the rise of consumer prices in China in the past 10 years is not very large
for example, the figure below shows China's CPI growth from 2009 to 2019. Except for the high level of CPI growth from 2010 to early 2012, the average CPI growth in other years is basically less than 3%. If calculated according to the 3% average growth rate, the 100 yuan in 2009 is about 73 yuan now
if you sell bitcoin and get 1.9 million yuan to invest in a house, you happen to meet Xi'an, a city with rapid rising house prices, and then you invest with 1.9 million yuan as a leverage to buy 2 apartments, then your current assets will reach at least 2.5 million yuan
of course, all things are possible but not desirable. You can't predict how much they will go up in the future for many things. Therefore, it's meaningless to discuss the most valuable investment of 100 yuan 10 years ago< br />