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With the price of Bitcoin surpassing $100,000, it marked a milestone in its journey that has created new millionaires at an unparalleled speed. Compared to traditional investors, like stocks, BTC investors have become millionaires 22 times faster.
Summary
Bitcoin has created new millionaires 22 times faster than stock investors
From the report by NFTEvening and Storible, it emerged that the journey of Bitcoin has created new millionaires and billionaires at an unparalleled speed compared to traditional investments, such as stocks.
In fact, it seems that investors in BTC have become millionaires 22 times faster than stock investors. Not only that, investors in BTC have become billionaires, a whopping 1,064 times faster than stock investors.
Expressed in numbers, with the price of BTC surpassing the 100,000$ threshold, 14,211 new millionaires in BTC and 4 new billionaires have been born.
These individuals have seen their investments multiply exponentially, demonstrating Bitcoin’s ability to generate wealth.
The report states that to achieve the status of “millionaire in BTC”, those who invested only $4000 took 3,775 days (~10.3 years). On average, these individuals would have started buying BTC in 2010 until becoming millionaires in 2020.
With the same amount invested and time period, gli investitori di azioni blue-chip would have instead seen their wallet grow to only 45,000 dollars.
Regarding the status of “billionaires in BTC”, instead, it would have taken an investment of $30,500 and a good 4,645 days (~12.7 years) as a HODLer to succeed in this endeavor. On average, these investors started buying BTC at the beginning of 2011 and reached their first milestone of 1 billion dollars by the end of 2023.
Even here, with the same amount invested and time period, gli investitori di azioni blue-chip would have instead seen their wallet grow to only 950,000 dollars.
Bitcoin: the performance of BTC creates new millionaires and surpasses the stocks of Big companies
The report also analyzed the performance of Bitcoin (BTC) in terms of returns, comparing them to the stocks of Big companies by market capitalization.
In fact, with reference to the period 2010-2020, BTC offered a return 20 times higher than Apple shares, 9 times higher than Nvidia shares and 4 times more than Tesla shares.
Continuing with the ranking of the top companies by market cap, then, BTC has offered returns 40 times more than the Blue-chip stocks of Microsoft and 11 times more than those of Amazon.
Expanding the period from 2010 to today, calculating the price of BTC over $100,000, BTC returns have been 76,378 times greater than those of Apple, 6,062 times those of Nvidia, and 9,103 times the returns of Tesla.
The price of BTC and the forecasts for 2025
While the calculations for the new BTC millionaires and the new BTC billionaires consider the price of Bitcoin above $100,000, today, December 23, the situation is a bit different.
In fact, it is since December 19 that the price of BTC has fallen below that threshold. As of December 23, the price of BTC is $95,300, in a dump of 9% compared to seven days earlier, when it was worth $105,000.
BTC was above $100,000 from December 5 to December 19, reaching its all-time high or ATH over $108,000.
Despite this price adjustment, the forecasts for BTC are optimistic. In fact, recently, the latest Alpha Market Report by Bitfinex 2024 stated that by mid-2025, the price of BTC will be within the price range of 140,000-200,000 dollars.
For the report by Matrixport “Matrix on Target”, the price prediction for Bitcoin is $160,000 in 2025, with a probability that the target could be reached even in a short time.