One of the most fascinating features of Bitcoin is that the value is determined by the community. It is worth simply as much as someone is willing to pay for it. There is NO difference between BTC valued at $1000 to over $100k. Many are mistaken that it's cold hard fiat that determines the market cap (saying the total market cap could be over 1 trillion to 10s of trillions in the future because of X,Y,Z analysis), when in reality, human emotions are the biggest catalysts. THERE IS NO LIMIT TO WHAT THE PRICE OF BITCOIN CAN REACH. People selling their crypto (especially at these prices) are un-doing the decentralization progress that has been made. Large institutions are buying your precious coins. They would not be buying if they the didn't KNOW it would be worth more in the future. Do not give your coins away.
In 2013, the community surrounding cryptocurrency was overwhelmingly bullish. Most everyone was extremely confident that the price of Bitcoin was going to continue to rise as it had been for years. Most were BUYING. That is because early investors were well-versed in the technology and genuinely believed in it's revolution. Very few (5-10 a year??) developments sustained HUGE growth spurts in the price. Bitcoin's price continued to rally until it came to a halt. From then until roughly 2017, people were scarred from the dramatic "collapse" and anticipated a fall each time it tried to break free. I feel that same sentiment now...
If you hold any cryptocurrency, it is in your best interest and the better interest of the entire ecosystem, that you spread hope and optimism for a decentralized future. You can do this by studying the technology and by analyzing real-world current events. This is THE time and THE innovation to take us through a revolution. Until we have ~90% of us optimistic and confident that the price will RISE, it won't. Those of you that are spreading doom or getting into piss parties with other coin holders are toxic and do not belong here.
Satoshi was adamant that an ecosystem that garners community support and involvement has no limits to what it can become. I believe that we get back what we put in. As a small little minnow in the community, ways i like to help is assisting people to purchase their first bitcoin, cold-storage options, explaining the technology and how it will change the future, and you all can do this too!
Amazing what has been accomplished in the last 9 years! They didnt think we'd break $50, $1000, 10k,.... there literally is no limit to what bitcoin could be in the coming years.
Again, if you don't believe this, this is not for you.
See you all on the future island~