Bitcoin follows one principle.

This principle is outlined in the chart below. Allow me to explain.

This is a Bonding Curve, which charts the price of an asset based on an increase in supply. And it follows Bitcoin’s logic perfectly.

Bitcoin’s supply decreases with time. With each day, less and less Bitcoin is supplied. This is based on Bitcoin’s fixed supply of 21 million BTC. And during every halving cycle (once in four years), the supply decreases by 50%.

According to the Bonding Curve example, this should lead to a rise in the price of the asset. Has it?

1st halving 2012: $12 per BTC 2nd halving 2016: $600 per BTC 3rd halving 2020: $9,000 per BTC 4th halving 2024: ???? per BTC

The Bonding Curve example also says — early adopters of this kind of asset benefit immensely as the supply decreases and the assets value increases.

So, where are we on this curve? 🤔