I've often wondered about the reality of these 1mil predictions for BTC.
Personally i find it highly unlikely until we see some major real world use cases put into practice for it. could Blackrock and the like pump the hell out of it sure, but seems unsustainable unless they can continue to bring in new investors. to buy it back off them.
I was playing with this messy wee chart and cloned a previous couple cycles runs and found while not identical they did perform in a similar manner so far.
Is this really how people see it playing out though?
Everyones favorite rainbow charts shows a decline in growth rate each cycle
however BTC did start to find a trend line from about 2013.
How do you feel about BTC??
Personally i find it highly unlikely until we see some major real world use cases put into practice for it. could Blackrock and the like pump the hell out of it sure, but seems unsustainable unless they can continue to bring in new investors. to buy it back off them.
I was playing with this messy wee chart and cloned a previous couple cycles runs and found while not identical they did perform in a similar manner so far.
Is this really how people see it playing out though?
Everyones favorite rainbow charts shows a decline in growth rate each cycle
however BTC did start to find a trend line from about 2013.
How do you feel about BTC??