BTC $1M

Total Bitcoin Supply: 21M BTC

Total Bitcoin Mined: 19,888,918.75 BTC

Satoshi Nakamoto: 1M BTC

Bitcoin SPOT ETF: 1M BTC

Bitcoin Lost Forever: 5M+ BTC

Bitcoin Exchange Balance: 2,296,276.13 BTC

Bitcoin Unmovable Crumbs (satoshi): 200K BTC Estimate

Bitcoin In Business Wallets (Sportsbooks, Casinos, Tesla, Online Businesses): 3M BTC Estimate

Bitcoin In Private Wallets: 8M BTC Estimate

If a large influx of people start investing and holding Bitcoin, the only way they will get them is through exchanges, where only 2.2M BTC are available to buy, so it’s just like a stock, where supply is low, demand is high, and that’s why Bitcoin will go to $250K within 5 years, $1M within 10 years. I say this confidently because I know for a fact a group of people can easily move the price of Bitcoin on exchanges, at the current market price, just like a stock market to a multi-billionaire, it’s chump change and an arcade to them. 2M BTC on exchanges, but only a few million dollars worth on the books to buy or sell, making movements in any direction very cheap, and all they have to do is move the big exchanges, the bots on smaller or other exchanges will follow the price automatically through Arbitrage or HFT.

The dynamics of Bitcoin is just like a short squeeze, and is nearly guaranteed to go higher if it’s utilized, which is very likely. The fact that Bitcoin cannot be chargeback or disputed, make’s it a clear winner and preferred payment for Sportsbooks & Casinos, or any type of business that would normally incur losses from fraud. Countries that have a hard time maintaining a currency due to corruption can utilize this coin, that is now backed by approx. 1B people worldwide. You can go to nearly any country and swap your Bitcoin for local currency.

Bitcoin is getting deeper into adoption, and should see a large influx within 5 years, giving the price a huge pump because the supply to buy is only about 3M BTC/Shares. So if you see 10M people wanting to buy and hold for the long run, it will squeeze high, and supply will only get lower since there will only be 21M coins ever minted. Once the supply becomes low, Bitcoin will start using Satoshis, or eight decimal places to the right of the period, aka sub-pennies.

1 satoshi = 0.00000001 BTC. (0.00096 USD)

100 satoshi = 0.00000100 BTC. (0.096 USD)

So with this example above, 100 satoshi will be worth approximately $0.96 USD at Bitcoin $1M price. And the price will stabilize there with people that are sending Bitcoin for sports betting, casino deposits, buying goods online & services online, because they won’t lose any value if they buy to send. If you buy $100 in Bitcoin to send to a sportsbook, you get $100 USD in credits, and the sports book will sell the Bitcoin back on the market to collect $96 USD, and not have any chargeback risks, or even holding Bitcoin to gain more in value. These are the folks that keep Bitcoin’s price high when it’s moved up by Hedge Funds or exchanges. If Bitcoin drops to $50K and people buy $100 USD to send to the casinos, they still get $100 USD in casino credits, so they don’t lose value while utilizing for payments.

There are few negatives for Bitcoin, but the chances are unlikely, and most likely will only be temporary. Bitcoin has had millions of geeks look at it, and a lot of them are adopting & holding, so you know the code is good, just by how many nerds are holding. If Bitcoin is ever hacked, the majority of developers, exchanges & even private wallets will be able to collectively “fork” Bitcoin to repair whatever went wrong. There’s no point in hacking Bitcoin because if nobody uses the original fork, it will be useless, or easily overwritten/wallet blacklisted. If you can hack Bitcoin, and nobody wants to move to Bitcoin 2.0, then the hack was successful. This was the case with Bitcoin Cash, where it was forked, but not as many people wanted to adopt it, so the value of it is still low at $517. But a lot of people benefited from this fork, as if they had original Bitcoin, they also had the private keys to the Bitcoin Cash, which was an exact copy, and was able to sell those coins, this adds value to Bitcoin. Holding the OG Bitcoin in private wallets gave you Bitcoin Cash, Bitcoin Gold, and any Bitcoin blockchain that was forked. This is the reason why it’s important to have Bitcoin in private wallets, unless your exchange will give you the forked Bitcoins, which a lot of them did not except Coinbase.

So basically, Bitcoin is one useful short squeeze, as it makes everyone rich. All you have to do is hold Bitcoin while the hedge funds pump the price, then you have online casinos & businesses that have customers to buy your Bitcoin at the high price to send value & payments, legitimizing & stabilizing the current exchange market price.

You should look at Bitcoin like an investment in stocks, where a $50K bet could make you a multi-millionaire within 10 or 20 years. It would be smart to diversify some of your investments into Bitcoin for the long run. Look to buy a full Bitcoin if the price goes under the blue bar!