Dec 2013 at $1000; Dec 2017 at $10000; Dec 2024 at $100000 what does this mean?

So back in November 27, 2013, we hit $1000. Then on November 28, 2017, it shot up to $10000. And now we’re looking at December 5, 2024, with a target of $100000. But check this out: December 31, 2014, was at $320, December 31, 2018, it was $3743, and what about December 31, 2025? Maybe $39210? So here’s my question: Is Bitcoin way overhyped right now, based on its real growth (like popularity and adoption) just like it was back when it first reached that $1000 and $10000 mark?

Instead of looking at it from that perspective, I would rather look at it as $1 million in December 2029. We don't have a magic ball and we can't know exactly what will happen in the future, but we can make good predictions with the data we have. At the end of 2025, there is of course the possibility that the Bitcoin price will fall. But considering the price in 4-5 years, how reasonable is it to risk selling Bitcoin? It's important to keep this in mind. The amount of Bitcoin to be mined has decreased a lot. The market 5-10 years ago is not the same as now. The overwhelming majority of Bitcoin in the market are not traded on exchanges. With the supply so limited and investors not willing to sell, I leave it to your discretion what kind of graph we will see in the coming years. I would think a few times before selling Bitcoin.

it tells us that bitcoin growth is linear with its acceptance from the perspective of being an investment instrument. back then BTC priced $1k or $10k because people aren't in the future yet. now that people see the use of BTC and the fact that BTC could very well be approved a strategic reserve, it can shoot up as high as $1 million and beyond, spare us the thought of when space exploration happens and paper money won't cut it for long distance transaction, everything need to be digitalized eventually and BTC just happen to be exactly that.

I got some balls  .. To hodl lol. We don't even need to speak much about people adopting Bitcoin any more, it now speak for it self. With the rate at with Bitcoins price flew from $48k to $100k in less than 3months, I don't think anyone would be so dump not to understand what will happen in the future if such would happen again and it definitely will.. Bitcoin is no longer a technology of debate, it's the future currency and with many bigger institutions and government reserves that we now have diving into the market, I can already see where we will be in the next 5years. So I will keep saying this to anyone out there, hodl the little amount you've got, you don't know maybe that would be a fortune in the next 10years and it definitely will be...

Oh wow, it tells us that to add an extra zero, we just need to wait an increasing cycle of 4 years! MEaning 1 million dollar Bitcoin will arrive in 2040! Why didn't any of us see this before? So simple! I'll only be so old then but it'll be worth it, maybe get myself some new kidneys. P.S. Looking forward to 39k Bitcoin next Christmas, you know, so I can fill my bags.

I'm also expecting a bear market by the end of 2025. The bull run should continue in the next three months, but I see signs that the price won't be getting back to 100K in the next week or two. Price drops are as normal for Bitcoin as the price pumps. You shouldn't make big conclusions about certain Bitcoin price levels at certain months or years. Bitcoin adoption has went to great highs in the last several years. The BTC market in 2013 and 2017 was way different than the current BTC market(which doesn't exclude the fact that BTC might be facing another bear market after several months).

If we critically look at the analysis of the bullish in the price of Bitcoin it's certain that Bitcoin will still attain more bull run direction in the future but I think it will be very difficult to predict the exact price or value of Bitcoin in the future as we don't have a particular meter or device that will read or predict the exact value of Bitcoin in the future. My assertion or analysis for the appreciation of Bitcoin value in the future is not only base on the uniform increase of the value of Bitcoin with time but I'm considering the interest of many investor that are considering Bitcoin as the most reliable alternate investment considering the unique nature and economic feasibility of Bitcoin. I also believe that many countries in the world will have propose economic plans to use Bitcoin as a means of their foreign reserve and if this happen there will be more competition in Bitcoin investment which will result to high demand of Bitcoin thereby leading to perpetual increase in the price of Bitcoin in the future.

Bitcoin should always be considered undervalued to us and not overvalued because of the potential that Bitcoin holds. Owning Bitcoin is like owning a guarantee lottery ticket that the value keeps increasing the more you hodl it. By the ending of December of 2025, we should be expecting the market to have a major correction as the bull market ends and for we to enter the bear market, that has always been the way the cycle does. Therefore I would not be surprised to see the value drop but I am thinking we will have a strong support above $50,000 for the dip of the bear market, it might fall further but I would not mind since that is an opportunity for us to buy more Bitcoin for the next Bitcoin halving happening in 2028 before the bull market in 2029.

To some unbelievable extent, speculating accordingly as you did, is likely not going to happen. 2025 will be our biggest ATH and by the end of Q4 we certainly will have to deal with a serious dip in the market, it is inevitable but at what lowest can it go. Bitcoin price will fall badly but not to what you have speculated, ~$40K for a dip if we get to reach a price mark of $200K+ can be said to be false based on different bills that may likely be passed plus different adoptions ongoing which will sustain the level of buy creating a manageable green response in the market. Hopefully or might take beyound to see $1M.

You didn't really follow the 4-year cycle there...  It's like you're beginning to put together the pieces though.  Compare 2013 with 2017, 2021, 2025...  If you want something to compare to 2014 and 2018, look at 2022 and 2026.  The halving cycle hasn't let us down yet and I don't think it will this time either.  Peak Bitcoin for this cycle will probably be in Q3 of 2025 and if it wasn't for FTX blowing up the market in 2021 I think the 4 year cycle would be even more obvious for newcomers to recognize.

I am bullish too in the long run (5 and more years) on Bitcoin and altcoins as well. I favour cryptocurrencies because: 1) Cryptocurrencies (unlike stocks) have clear fundamental values that is determined by their fame/popularity/acceptance. It is not possible to estimate stocks fundamental value outside the company because business (unlike fame) is a secret thing. In this cryptocurrencies are similar to art works/paintings - value investing is possible. 2) Every person can get cryptocurrencies for free from faucets like https://freebitco.in/?op=home and https://fairmillions.com/ And these are not small sums: Fairmillions pays out ca 200 000 satoshis per year (per person) that is almost the same sum that is owned every person in the Earth if all satoshis would be distributed equally. You can get free stocks only if you have some extra merits (for example, you are an employee of this company). In crypto world giving attention is considered merit enough to be fairly compensated. 3) You can own cryptocurrencies (relatively) secretly that ensures the full freedom to manage your capital. 4) The prices of cryptocurrencies are much more volatile than the prices of almost any other assets that enables crypto investors to earn much faster if the gap between the price and fundamental value emerges.

Now the price of Bitcoin has increased the most at the present time, and the price of Bitcoin will increase even more in the future. Those who mined Bitcoin in the past will not be able to mine as many Bitcoins now, because the price of Bitcoin is higher now than in the past, so every large holder will definitely think before selling their Bitcoin investment. After this current bull market, I think that the price of Bitcoin will definitely be $ 1 million in the bull market of 2029. Because those who have Bitcoin holders do not intend to sell Bitcoin, they only intend to hold Bitcoin. MicroStrategy is playing one of the roles in holding the most Bitcoin, they have decided to sell each Bitcoin for only $ 1 million. Of course, I think that Bitcoin will have a very high chance of touching $ 1 million in the future bull market very soon.

Let's pray this cycle won't end up the same. Or maybe even go mega with the adoption and the reserves being discussed all around the world. 2025 is the year to follow for sure to see BTC shine.

Its not overvalued exactly and price can certainly go higher but the wide track to Bitcoin movements is not a good idea to ignore.   Never borrow to invest in BTC because it could be years before it revisits that price, you need to only put in value you wish to involve either long term or immediately use up. Bitcoin being used is always bullish so I see no problem with people continually using at this price, over speculation does tend to lead to sell offs so we got to watch the pan boil carefully.

Sorry, imho this doesn't say anything because you don't seem to use as input the same "moments" in a cycle. Imho we may need to wait until November 2025 to see the numbers and then analyze. Plus, you may want to compare max or actual values, not just pretty round numbers. PS. If you want to know whether it's over-valuated, you may want to take into account the hardware prices and the hash rate between these years, not only he popularity.

Let me start by first commending you for coming up with such a great speculative thread. Bitcoin, I would say is not overvalued at the moment, looking at it's total and circulating supply, and also measuring that with its level of current popularity, adoption rate, and even future/planned adoption coming, if anything, I think bitcoin is still way undervalued when we compare it's marketcap with that of gold and it's volume with that of the fx market. Maybe it was overvalued during its all the high in the previous years, but not anymore, And bitcoin reaching that speculated price of $39210 by December 2025, I don't want to be over confident but I think such have very little chances of happening.

With all of the big guys hopping onto the adoption train in the year / years to come - we can't be sure when Bitcoin will be - overvalued - even in the heads of the people, after this bull cycle or after it. Many out there already understood that, but now - whole countries start looking and digging the facts.

I have to say, though, it is possible to estimate stock value solely through financial reports, which are audited. I give that much of the numbers are fudged and secrets can still exist, but I think pricing out speculation, stock prices generally are a reflection of pretty hard numbers underlying. And, as you say, inside the company, they do know the actual value, so someone knows. Cryptocurrencies (I prefer to only say Bitcoin) certainly presents a much more esoteric valuation exercise for people. For me, anyway.

2017-  2013 = 4 years 2024 - 2017 = 7 years 7/4 = 1.75 2024 + (7 x 1.75) = 2036 So, it tells us if Bitcoin will reach $1 Million in the next 12 years. Regarding overvalued, I think Bitcoin isn't yet in overvalue because not all countries, companies or entities allowed to own Bitcoin. If everyone have allow Bitcoin, it could fall to overvalued because it might have reached the peak of adoption.

By looking at your statistics it is easy to understand that Bitcoin will increase in future and in 2024 Bitcoin will hit $100k dollar record and will touch $1000k dollar record by adding another zero in future. However, Bitcoin will not dump near $40,000 like it did in the past, and if it did, Bitcoin would lose people's trust.