Your future price prediction is asinine solely due to the fact that once it starts running, transaction volume will become abnormally high increasing the satoshi's per byte to actually have your transaction leave the mempool as individuals fight to get their purchase confirmed...at that price the average transaction would cost 400 dollars using the current TX fees removing a large set of individuals who would have access to buy...and miners would get pissed if this was all done on LN and would jump over to mine an alt that got pumped from the major interest in cryptos that would ensue if it simply broke it's ATH.
Basically there will always be a price ceiling on BTC that is correlated to the amount purchasable with fiat and the volume accessible to be adopted by the masses.
LevRidge
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@AtlaStar, fiat, LOL... one day you'll get whats going on here...
AtlaStar
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@99nines, yet you are comparing the price to fiat yourself.
Crypto can't overtake fiat unless there is mass adoption as a unit of exchange...your speculations aren't treating it like a unit of exchange but a store of value...so who is really the one that doesn't understand what is going on.
LevRidge
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@AtlaStar, I'm not comparing crypto to fiat.. the chart is, I have no choice in that matter...
Also I don't deal in speculation.
AtlaStar
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@99nines, "Also I don't deal in speculation."
And yet you are making price speculations...and speculations that assume that price will follow a linear path based around halving periods.
Can't tell if you are just a hypocrite, or are downright lying about not "dealing" in speculation.
Basically there will always be a price ceiling on BTC that is correlated to the amount purchasable with fiat and the volume accessible to be adopted by the masses.