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RE: Why Bitcoin Is Not Reaching It's All Time High Price ? Why Crypto Market Is Falling ?

in #bitcoin6 years ago

2023: 10,000,000
2025: 100,000,000
2027: 1,000,000,000
2029: 10,000,000,000
2031: 100,000,000,000

This is getting very silly very fast.
I think it's time to accept that bitcoin does not grow because of weird math patterns. Bitcoin has grown because of speculation about its potential uses. That peaked at 20k, and it's been in freefall ever since, and now we are waiting to see where fundamentals can bring the true price.

Most likely scenario, new coins that no one one heard of or which don't exist yet are going to take off in the next round, and maybe BTC itself will not.