In contrast to today, where many of us feel disheartened by the current price levels of $30k and perceive it as a bear market, people in 2017 would have viewed these prices as a dream come true and would likely be experiencing great excitement right now. Looking even further back, back in 2015 when BTC was priced at $500, individuals would have considered the idea of BTC reaching $30k in the foreseeable future as highly unlikely, maybe even taking a century or more.

However, if we delve much deeper into history, we arrive at the oldest recorded “price” of BTC, which coincides with the very first BTC price candle ever seen. This occurred in 2010, when the initial Bitcoin price chart was introduced (although the available sources for this period are limited, and the quality of data is often poor). At that time, BTC was valued at approximately $0.03, which means it was worth just 3 cents per BTC. Just imagine stumbling upon a bitcoin lying on the streets after a brief search and being able to acquire it for three cents. Additionally, with $1, one could purchase 33 BTC, which, considering the current price, would amount to $891k. It’s truly incomprehensible. And of course, for a mere $30, one could become a whale by owning 1,000 BTC.

I want to emphasize that my intention here is not to engage in hindsight bias, but rather to highlight the tremendous progress Bitcoin has made over time. No one, not even Satoshi Nakamoto, could have fathomed the possibility of Bitcoin reaching its current price levels. It has truly been an incredible journey.