15 christmases with bitcoin
christmas 2010. bitcoin was 25 cents. i wasnt paying attention yet. most people werent. the ones who were... they were the weird ones. the paranoid ones. the ones who read whitepapers for fun. fifteen christmases later its $88,000. thats not a typo. from a quarter to eighty-eight thousand dollars. through four "crashes." through a hundred obituaries. through every expert saying it was over. what strikes me about this chart isnt the gains. its the dips.
christmas 2014... down from 2013. christmas 2018... down 73% from the peak. christmas 2022... another bloodbath. every single time, the same headlines. every single time, the same declarations of death. and every single time... wrong. i’ve been in bitcoin since 2011. i co-founded india’s first bitcoin exchange. ive seen every cycle. every panic. every "this time is different." and the lesson is always the same: the people who zoom out win.
not because theyre smarter. not because they have better information. because they understand what theyre holding and why it matters over years, not weeks. they dont need christmas morning to feel rich. they dont need the chart to spike to feel right about their choice. bitcoin is the greatest christmas gift you can give yourself — but only if you understand its not about this christmas. its about the next fifteen, the next decade, the long arc.
what will bitcoin be worth on christmas 2040? i dont know. but i know ill still be holding. and that patience, more than timing, has been the quiet power behind every survivor of the cycles.