目前，比特幣（BTC 0.94％）的價格約為82,000美元

事實證明，儘管實際上是眾所周知的，但目前還有一個重要因素不是關於硬幣的對話的一部分。

Bitcoin (BTC) is currently trading at around $82,000, down from its high of over $109,000 in January. As investors search for some good news to help them believe that their holdings will be worth more in the future than they're worth right now, it's a point in time that many will want to reflect upon the coin's journey and what drove it to reach such incredible levels.

比特幣（BTC）目前的交易價格約為82,000美元，低於1月的109,000美元的高價。當投資者尋找一些好消息以幫助他們相信他們的持股將來將比現在值得更多的價值，這是許多人希望反思硬幣的旅程以及驅使其達到如此令人難以置信的水平的時間點。

As it turns out, there's one big factor that isn't part of the conversation about the coin at the moment, even though it's actually fairly well-known. Here's the one number you need to know to appreciate why Bitcoin's future as an investment looks even brighter than its impressive run to date.

事實證明，儘管實際上是眾所周知的，但目前還有一個重要因素不是關於硬幣的對話的一部分。這是您需要知道的一個數字，以欣賞為什麼比特幣的未來作為一項投資看起來比迄今為止令人印象深刻的投資更明亮。

There's a lot of room to grow here

這裡有很多生長空間

It's obvious that the more people who buy Bitcoin in a given day, the more its price will go up as buyers compete for the limited supply.

很明顯，在給定的一天中購買比特幣的人越多，隨著買家爭奪有限的供應，其價格就會越高。

Similarly, the more people who resolve to hold onto their coins rather than sell them, the fewer coins there will be to distribute from holders to buyers on any given day, creating a supply crunch that also generates higher prices. Therefore, the number of people who currently hold Bitcoin in comparison to the total population of people who might want to hold it is a key consideration for determining the direction of its price over the long term. And the dynamics look very favorable here.

同樣，決心堅持自己的硬幣而不是出售它們的人越多，在任何一天的任何一天都將從持有人分發到買家的硬幣越少，從而產生了也會產生更高價格的供應緊縮。因此，與可能想要持有的人群相比，目前持有比特幣的人數是確定長期價格方向的關鍵考慮因素。動態在這裡看起來非常有利。

As of late 2024, various estimates concluded that between 1% to 4% of the global population owns Bitcoin. Within this in mind, we can see why it's nearly inevitable for Bitcoin to go higher in the long term.

截至2024年底，各種估計得出的結論是，全球人口的1％至4％擁有比特幣。在此中，我們可以理解為什麼比特幣從長遠來看幾乎不可避免的是不可避免的。

Most people do not yet hold any Bitcoin. At least some of those people have capital that they will seek to allocate at some point in their lives. Many of them who do not currently hold Bitcoin are likely to start holding it at some point in the future if its adoption continues in line with past rates. That implies a huge amount of demand for the coin, which, as you've probably heard, is perpetually in increasingly shorter supply due to the halving mechanic baked into the crypto's protocol.

大多數人還沒有任何比特幣。至少其中一些人有資本，他們將尋求在生活中的某個時刻分配。如果目前不持有比特幣的許多人，如果將其採用符合過去的利率，那麼將來可能會在某個時候開始持有它。這意味著對硬幣的大量需求，您可能聽說過的硬幣的需求永遠在供應越來越短的供應中，這是由於將機械師放入了加密貨幣的協議中。

Against what some may expect, people in developed countries are not the only ones who hold it; the populations of many emerging economies like the Philippines and Vietnam feature fairly high rates of Bitcoin ownership. This is an important nuance because it implies that countries that are experiencing rapid economic growth are also those with large populations and rising incomes. Those rising incomes are going to generate capital that will need to be invested somewhere, and as the social proof is already gaining ground, Bitcoin is going to be one of the places where those people invest.

反對某些人可能期望的，發達國家的人們並不是唯一持有它的人。菲律賓和越南等許多新興經濟體的人口具有相當高的比特幣所有權。這是一個重要的細微差別，因為它意味著經歷快速經濟增長的國家也是人口眾多和收入增加的國家。這些收入上升的收入將產生需要在某個地方進行投資的資本，並且隨著社會證明已經在獲得基礎，比特幣將成為這些人投資的地方之一。

Then, as the long-term upward movement of Bitcoin's price is reestablished, even more investors are likely to come along to buy. After a certain point, sentiment becomes embedded, and the longest-holding holders get rewarded the most over time.

然後，隨著比特幣價格的長期向上移動重新建立，更多的投資者可能會購買。經過一定的觀點，情緒嵌入了，隨著時間的流逝，最長的持有人得到了最大的回報。

Population growth isn't a necessity for the coin's price to keep rising

人口增長並不是硬幣價格上漲的必要

The beauty of the case for buying Bitcoin is that it doesn't really matter if your estimate for the proportion of global Bitcoin holders is 1%, 4%, or higher. The supply of coins is limited, and growth of that supply steadily slows as it gets harder and harder to mine new coins over time.

購買比特幣的案例之美在於，您對全球比特幣持有人比例的估計是否為1％，4％或更高並不重要。硬幣的供應是有限的，隨著時間的流逝，供應量越來越難，供應的增長越來越難。

In other words, regardless of whether there are more buyers for it in the future or in the past, whoever is in the market will be bidding for a smaller number of new coins. The addition of new buyers just makes the process of the price increase occur faster, as it means there's more capital chasing the same ever-shrinking pile of assets being produced.

換句話說，無論將來是否有更多的買家，無論市場上的任何人都將競標少量的新硬幣。新買家的增加只是使價格上漲的過程更快，因為這意味著還有更多的資本追逐同樣的縮水堆產的資產。

Just keep in mind that the idea of 100% of the human population owning Bitcoin is a pipe dream, even if it's probably a good idea for every investor to hold some. Topping out at 15% of the global population or so, which is similar to the proportion of U.S. residents that hold Bitcoin right now, would still leave a very long road for new money to flow into the chain, boosting prices for everyone.

請記住，100％擁有比特幣的人口的想法是一個白日夢，即使對於每個投資者來說，這可能是一個好主意。在全球人口左右的15％處最高，這與目前擁有比特幣的美國居民的比例相似，仍然會留下很長的路，讓新資金流入連鎖店，從而提高了所有人的價格。