After this sheitcoin season its settled, there is no innovation or a userbase interested in innovation on any evm chain; which is just a very poor casino that gets beaten in fairness and winning rates by every 3th class slot machine.
Bitcoin at least is a resilient monetary system, and with layer 2 being accepted there is literally no need for eth or any other evm chain anymore. Bitcoin is juts more secure, more resilient and practically impossible to be taken over
Possible yes, although once the FOMO is launched it can climb very high very quickly, all normies are now aware of Bitcoin and have an easy way to buy it.
The people saying bitcoin can never go any higher never really explain their reasoning. Like, why not? Plenty of people have done analyses of all the assets bitcoin could serve as an alternative to and what those are worth, and even a tiny fraction of that pie would give bitcoin a price in the millions. They've actually done some math and explained why bitcoin might take a slice out of these other assets. And these are conservative estimates. And even if those analyses are over estimating you could still end up with 6 figure bitcoin. What's the nocoiners argument? Some lines on a chart? "Cuz it just can't, okay?!".
the trend line is there, I don't know what else to say. You're the one thinking some miracle is going to break an established trend. Why? I don't know.
Possible yes, although once the FOMO is launched it can climb very high very quickly, all normies are now aware of Bitcoin and have an easy way to buy it.
and why would they buy it when they can buy DogShitAnimalMemeCoin#100 ? like they did last cycle.
Even if you try to dog bitcoin as much as possible and paint it in the worst light that you can these yids are going to print enough dollars to wake the fucking dead. And that on its own will shoot many things but especially BTC to ungodly highs.
Either they shrink the money supply to kill all assets and get murdered in the streets by plebs or they print dollars. That's it. Simple as.
Even if you try to dog bitcoin as much as possible and paint it in the worst light that you can these yids are going to print enough dollars to wake the fucking dead. And that on its own will shoot many things but especially BTC to ungodly highs.
Either they shrink the money supply to kill all assets and get murdered in the streets by plebs or they print dollars. That's it. Simple as.
Dont forget that shrinking money supply and high interest rates mean lower tax receipts and a deflationary environment for the government and its debt.
They won't just print money to avoid being killed by the masses, they'll do it to try to pay off govt debt with new currency.
There is not one single possible universe where they don't print money ad infinitum from here on out, in general, in the long run.
Just do what you need to do to make it financially and psychologically through these times where they put on a dog and pony show and run their QT.
Things will be even more volatile going forward.
After this sheitcoin season its settled, there is no innovation or a userbase interested in innovation on any evm chain; which is just a very poor casino that gets beaten in fairness and winning rates by every 3th class slot machine.
Bitcoin at least is a resilient monetary system, and with layer 2 being accepted there is literally no need for eth or any other evm chain anymore. Bitcoin is juts more secure, more resilient and practically impossible to be taken over
okay that's fine but just enjoy crabbing for next decade. should be fun for traders but "investors" not really
enjoy your corpo sucker chain, seriously. You naggers are braindead
AS MARKET CAP GO UP PRICE NOT GO UP SO MUCH WHOA
Bitshitcoin mcap: $521B
Shinny rock mcap: $13T (25x)
>Shiny rock: Is real
>BTC: Isn't
You: are gay
BTC: also gay
Looks like it'll get right up to the ATH again and form a double top if this holds.
Widespread crypto adoption is coming - that will counter the diminishing returns.
>Widespread crypto adoption is coming
no, it's not.
Yes it is
>"leonardo da BTC"
sage
yep it will x4 from 25000$ then die forever, that's what most people expect
bottom was around $15k so maybe reach $60k, maybe... then die and crab forever.
Possible yes, although once the FOMO is launched it can climb very high very quickly, all normies are now aware of Bitcoin and have an easy way to buy it.
The people saying bitcoin can never go any higher never really explain their reasoning. Like, why not? Plenty of people have done analyses of all the assets bitcoin could serve as an alternative to and what those are worth, and even a tiny fraction of that pie would give bitcoin a price in the millions. They've actually done some math and explained why bitcoin might take a slice out of these other assets. And these are conservative estimates. And even if those analyses are over estimating you could still end up with 6 figure bitcoin. What's the nocoiners argument? Some lines on a chart? "Cuz it just can't, okay?!".
literally just posted the reasoning in OP.
And why exactly would it play out like that? Meme lines aren't reasoning they're the opposite
the trend line is there, I don't know what else to say. You're the one thinking some miracle is going to break an established trend. Why? I don't know.
and why would they buy it when they can buy DogShitAnimalMemeCoin#100 ? like they did last cycle.
Anyone can make a chart to show anything and the past doesn't predict the future. Meme lines have zero predictive value
your opinion is gay and reflective of your lineage
If Bitcoin dies its game over for us few understand
Holy shit its over! Luckily i bought eth!
Even if you try to dog bitcoin as much as possible and paint it in the worst light that you can these yids are going to print enough dollars to wake the fucking dead. And that on its own will shoot many things but especially BTC to ungodly highs.
Either they shrink the money supply to kill all assets and get murdered in the streets by plebs or they print dollars. That's it. Simple as.
you know up until last year i was thinking just like
but i guess with the massive amount of money printed we could still reasonably see a 10x within years
Dont forget that shrinking money supply and high interest rates mean lower tax receipts and a deflationary environment for the government and its debt.
They won't just print money to avoid being killed by the masses, they'll do it to try to pay off govt debt with new currency.
There is not one single possible universe where they don't print money ad infinitum from here on out, in general, in the long run.
Just do what you need to do to make it financially and psychologically through these times where they put on a dog and pony show and run their QT.
Things will be even more volatile going forward.
After the halving copium comes to pass this shit is crashing all the way to $100
So... Even though we brave the storm, we are fucked the same?
Thanks OP, just what I needed to hear.
BTW, according to this thing BTC is going to top at $66,416.
Yes but each run up has been a bigger increase in mcap then the rest number wise