14 hours ago
A post written by Adam Back, a well-known figure in the Bitcoin space in 2013, resurfaced in 2025. He is one of the few people mentioned in the original Bitcoin white paper by Satoshi Nakamoto, the mysterious Bitcoin creator. In the old post, he shared his thoughts about Bitcoin when it had just crossed $100. Now, over ten years later, the post still feels very relevant. The 2013 Post That Feels New Again In 2013, many people were worried that they had missed the chance to buy Bitcoin. Some had bought at $30 or $100 and thought the price had already gone too high. Adam Back replied with a calm and thoughtful message. He said that in ten years, those people would still feel early. He was not trying to hype Bitcoin; he was sharing what he believed based on facts and experience. That same post will be shared again on social media in 2025. Many are surprised at how true it still feels today, even though Bitcoin ’s price is almost $100,000, and hope to rally soon. People Still Ask the Same Question: Is It Too Late? Adam Back saw his old post being shared again and commented on it. People still ask, “Is it too late to invest in Bitcoin?” However, this time, the question comes from large investors, banks, and fund managers. Back thinks this confusion is one reason why Bitcoin is still undervalued. Even though the price is much higher today, many people still do not fully understand the asset is worth or what it could become. One well-known person who agrees with Adam Back is Robert Kiyosaki, the author of Rich Dad, Poor Dad. He also believes that the asset is still early in its journey. Kiyosaki often says that Bitcoin is a smart way to store money . This is especially true with rising inflation and growing distrust in the traditional banking system. Bitcoin on Exchanges Is Dropping Adam Back also shared some data showing that the number of Bitcoins on exchanges is decreasing. This means more people are moving their Bitcoin into private storage. This means investors are holding onto their Bitcoin long-term and are not planning to sell it soon. At the same time, big investors are becoming more interested in Bitcoin. Large firms like BlackRock have launched Exchange-Traded Funds (ETFs), which allow people to invest in Bitcoin without directly holding it. Venture capital invests in projects that build new applications on top of Bitcoin, especially layer-2 solutions. These solutions help make Bitcoin faster and more useful. The post Adam Back’s Old Bitcoin Post From 2013 Still Relevant appeared first on TheCoinrise.com .
The Coin Rise
You can visit the page to read the article.
Source: The Coin Rise
Tags :
Bitcoin News Adam Back Bitcoin
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs
Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments, pegged to Dxfeed’s Composite Forex Index, offer continuous trading without expiration and function like traditional crypto perpetuals but are tailored for forex. Kraken aims to The Coin Rise
![Popular crypto analyst and trader Benjamin Cowen says that one astronomical price target remains in play for Bitcoin ( BTC ) this cycle. In a new interview with Kyle Chasse on his YouTube channel, Cowen says that Bitcoin may surge to as high as $200,000 if the flagship crypto asset is currently in a right-translated cycle – or a market cycle where prices tend to peak later rather than earlier. “I would say that it’s possible if we get a right translated cycle that from the bottom Bitcoin could go up about 10x or something, which would probably put it around $150,000. So I would say, in a right translated cycle my guess is that it would be anywhere from like $120,000 to like $150,000. It’s possible in the perfect scenario that it could go all the way up to $200,000. I don’t think Bitcoin will hit $300,000 this cycle. I do think Bitcoin will eventually hit $300,000, but I don’t think it will be this cycle.” He says that Bitcoin needs to hold the 2024 high of about $72,000 on the weekly chart to remain on track to hit fresh all-time highs this cycle. “Anything is possible. And I would certainly be more optimistic if we can definitively hold that 2024 high [around $72,000 on the weekly chart] and start to move back up. I would definitely become more optimistic later on this year. That’s my main concern right now, is, if there is another pullback, can we hold it? The good news is we’ve held it so far, and we actually technically we haven’t even tested it. So the good news is if there is another drop, you probably would have some bulls try to hold the line at those levels because we haven’t even tested those levels yet.” Bitcoin is trading for $84,483 at time of writing, flat on the day. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Could Rip by 137% in a ‘Perfect Scenario,’ According to Analyst Benjamin Cowen – Here’s His Outlook appeared first on The Daily Hodl .](/image/68036ac30cb3e.jpg)
Bitcoin Could Rip by 137% in a ‘Perfect Scenario,’ According to Analyst Benjamin Cowen – Here’s His Outlook
Popular crypto analyst and trader Benjamin Cowen says that one astronomical price target remains in play for Bitcoin ( BTC ) this cycle. In a new interview with Kyle Chasse on his YouTube channel, Cowen says that Bitcoin may surge to as high as $200,000 if the flagship crypto asset is currently in a right-translated cycle – or a market cycle where prices tend to peak later rather than earlier. “I would say that it’s possible if we get a right translated cycle that from the bottom Bitcoin could go up about 10x or something, which would probably put it around $150,000. So I would say, in a right translated cycle my guess is that it would be anywhere from like $120,000 to like $150,000. It’s possible in the perfect scenario that it could go all the way up to $200,000. I don’t think Bitcoin will hit $300,000 this cycle. I do think Bitcoin will eventually hit $300,000, but I don’t think it will be this cycle.” He says that Bitcoin needs to hold the 2024 high of about $72,000 on the weekly chart to remain on track to hit fresh all-time highs this cycle. “Anything is possible. And I would certainly be more optimistic if we can definitively hold that 2024 high [around $72,000 on the weekly chart] and start to move back up. I would definitely become more optimistic later on this year. That’s my main concern right now, is, if there is another pullback, can we hold it? The good news is we’ve held it so far, and we actually technically we haven’t even tested it. So the good news is if there is another drop, you probably would have some bulls try to hold the line at those levels because we haven’t even tested those levels yet.” Bitcoin is trading for $84,483 at time of writing, flat on the day. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Could Rip by 137% in a ‘Perfect Scenario,’ According to Analyst Benjamin Cowen – Here’s His Outlook appeared first on The Daily Hodl . The Coin Rise
EXCHANGE
AVAX
-
Binance’s CZ Shares Exchange Growth Metrics on X
1 saat önce
