ROFL this seems pretty far fetch because by 2024 there will be another halvning and that can't be ignored.
Weavs844
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@flai54, right... with all the uses of bitcoin being impletemented right now huh? ROFL Its just an idea. Keep praying for it to go up though.
flai54
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@Weavs844, BTC is no longer trying to find a use case in the real world for payments. Its is not more regarded as a hedge against fiat and as "digital gold" as a store of value. I think the days of people that are trying to preach paying stuff with BTC are over since no one in their right mind would give up potential BTC gains over something small. This can easily go to 30K but right now its had a pretty good run up since 20K so its either consolidating or starting a correction before moving higher.
We will see how this plays out especially with institutional money coming in.
Weavs844
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@flai54, I think ALOT of institutional money came in during the rise up in 2017. A lot of companies were hiring blockchain specialist and a handful of companies even started excepting BTC as form of payments. I think those days are done with like you mention. Institutional money could start distributing it back out. Could go to 100k in the next few years too... I dont see why it would, but who knows.
StephMoen
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nice chart, but it seems not true (FunDeMental resanons), , also nothing is impossible. :)