目前，比特币（BTC 0.94％）的价格约为82,000美元

事实证明，尽管实际上是众所周知的，但目前还有一个重要因素不是关于硬币的对话的一部分。

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.

比特币（BTC）目前的交易价格约为82,000美元，低于1月的109,000美元的高价。当投资者寻找一些好消息以帮助他们相信他们的持股将来将比现在值得更多的价值，这是许多人希望反思硬币的旅程以及驱使其达到如此令人难以置信的水平的时间点。

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.

事实证明，尽管实际上是众所周知的，但目前还有一个重要因素不是关于硬币的对话的一部分。这是您需要知道的一个数字，以欣赏为什么比特币的未来作为一项投资看起来比迄今为止令人印象深刻的投资更明亮。

There's a lot of room to grow here

这里有很多生长空间

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.

很明显，在给定的一天中购买比特币的人越多，随着买家争夺有限的供应，其价格就会越高。

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.

同样，决心坚持自己的硬币而不是出售它们的人越多，在任何一天的任何一天都将从持有人分发到买家的硬币越少，从而产生了也会产生更高价格的供应紧缩。因此，与可能想要持有的人群相比，目前持有比特币的人数是确定长期价格方向的关键考虑因素。动态在这里看起来非常有利。

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，各种估计得出的结论是，全球人口的1％至4％拥有比特币。在此中，我们可以理解为什么比特币从长远来看几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.

大多数人还没有任何比特币。至少其中一些人有资本，他们将寻求在生活中的某个时刻分配。如果目前不持有比特币的许多人，如果将其采用符合过去的利率，那么将来可能会在某个时候开始持有它。这意味着对硬币的大量需求，您可能听说过的硬币的需求永远在供应越来越短的供应中，这是由于将机械师放入了加密货币的协议中。

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.

反对某些人可能期望的，发达国家的人们并不是唯一持有它的人。菲律宾和越南等许多新兴经济体的人口具有相当高的比特币所有权。这是一个重要的细微差别，因为它意味着经历快速经济增长的国家也是人口众多和收入增加的国家。这些收入上升的收入将产生需要在某个地方进行投资的资本，并且随着社会证明已经在获得基础，比特币将成为这些人投资的地方之一。

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.

然后，随着比特币价格的长期向上移动重新建立，更多的投资者可能会购买。经过一定的观点，情绪嵌入了，随着时间的流逝，最长的持有人得到了最大的回报。

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

人口增长并不是硬币价格上涨的必要

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.

购买比特币的案例之美在于，您对全球比特币持有人比例的估计是否为1％，4％或更高并不重要。硬币的供应是有限的，随着时间的流逝，供应量越来越难，供应的增长越来越难。

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.

换句话说，无论将来是否有更多的买家，无论市场上的任何人都将竞标少量的新硬币。新买家的增加只是使价格上涨的过程更快，因为这意味着还有更多的资本追逐同样的缩水堆产的资产。

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.

请记住，100％拥有比特币的人口的想法是一个白日梦，即使对于每个投资者来说，这可能是一个好主意。在全球人口左右的15％处最高，这与目前拥有比特币的美国居民的比例相似，仍然会留下很长的路，让新资金流入连锁店，从而提高了所有人的价格。