IF you Hold 0.01 BTC today by 2025 You are a Millionaire! - if " Luka_Magnotta" is Right...
But Who is Luka_Magnotta?
He/she is the One claiming to be the time traveler who came from the Future year 2025. He/she wrote an article in reddit.com back in 2013 and here is the Article: https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
If he/she is right in this :
On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.
He/ she analyzed that Bitcoin increased by a factor of Ten and is quite right, for by now Bitcoin reached and surpassed the prediction of $10,000 per 1 BTC by 2017 and is currently trading at $13,667.00 according to https://coinmarketcap.com/. If he/she is right by 2019 two years from now 1 BTC will be worth $100,000 and in 2021 $1,000,000 and if the 10 Factor increased continues then by 2023, the value of 1 BTC will be $10,000,000. And when we reach the year where he/she came from, (for that what he/she claims to be,) the year 2025 by then 1 BTC will be worth $ 100,000,000.
My Analysis:
Now if you have 0.01 BTC, that is 1 Percent of One BTC then by 2025 your 1 Percent of $100,000,000 will be worth One Million US dollar ( $1,000,000). What if he/she is right, will you hold that 0.01 BTC, or would you add more?
LOL, time traveller. Seriously.
An interesting concept @joshvel many factors will come to account before 2025 on how digital money will become more applicable going into the future.
People will either drive this concept going forward or dismantle it (I hope not the latter) it will depend on how it gets introduced into every day living, which up to now has indicated the roller coaster ride we have been experiencing.