Flashback: Bitcoin US$ 12 (around 2013, BitInstant/Inside Bitcoins conference)

Presented by BitInstant from Charlie Shrem — backed by Winklevoss Capital and the Bitcoin Foundation

Key highlights:

Speakers included: Charlie Shrem (BitInstant), along with early influencers and VCs shaping the adoption of $BTC

BitInstant processed ~30% of all BTC flows, driven by an initial funding of US$ 1.5 million from the Winklevoss twins

Main themes: acceleration of fiat currency → BTC, regulatory clarity, global payments, decentralization

Technical outlook:

$BTC for just US$ 12 — undervalued by all metrics

On-chain speed was low, liquidity scarce → enormous upside potential

Today's trend:

Price increase triggered by: growing institutional adoption, global macro demand, on-chain liquidity cycles

Ongoing bull cycle: early signs show higher lows and strengthening support zones

Technology drivers: enhanced scaling (Lightning), broader wallet adoption, evolving regulatory frameworks

Conclusion:

From a margin of US$ 12 to a multitrillion-dollar asset — the trajectory is unmistakable.

Insight and conviction in the early stages pay off when technology meets adoption.