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Sparrow 316739
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2025-01-28 13:57:44

Sparrow 316739 on Nostr: #bitcoin #nostr #asknostr How late are we to late to bitcoin? Do you expect it to go ...

#bitcoin #nostr #asknostr
How late are we to late to bitcoin? Do you expect it to go up 10X anytime soon? That would be ok, but not as amazing as bitcoin in the early days. Do you expect it to go up 1000X ? Highly unlikely. Definitely not 10,000,000 X as it has already. Are other investments better for the early growth stage? Math does not lie. How much of an increase do you foresee in 20 years?

---- The Math Below ----
how multiplication works in regards to bitcoin going up 100x or 1000x, how much did it go up from $0.01 to $105,000.00 ?
To explain how multiplication works in the context of Bitcoin's value increase, let's break it down step-by-step:

Understanding Multiplication:
Multiplication is essentially repeated addition. When we say something has gone up by 100x, it means it has increased to 100 times its original value.

Bitcoin's Increase:
Starting Value: $0.01
About current Value: $105,000.00

Calculating the Increase:
100x Increase: If Bitcoin went up 100 times, starting from $0.01, the calculation would be:
$0.01 * 100 = $1.00
1000x Increase: If Bitcoin went up 1000 times, the calculation would be:
$0.01 * 1000 = $10.00

However, to find out how many times Bitcoin's value has increased to reach $105,000 from $0.01, we use division:

Actual Increase Factor:
$105,000.00 / $0.01 = 10,500,000

So, Bitcoin's price went up approximately 10.5 million times from $0.01 to $105,000. This is far beyond the 100x or 1000x increase; it's a 10,500,000x increase.

Summary:
100x Increase: From $0.01 to $1.00.
1000x Increase: From $0.01 to $10.00.
Actual Increase (10,500,000x): From $0.01 to $105,000.00.
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