People would also start to see it as a safe haven opportunity to store their wealth without potential risk of sudden devaluation.
But that can only really work once it's reached a vast number of users. Let's say it retains $240 worth of buying power for the next few years with the amount of users it has now. If there is some type of crisis and ten million people suddenly wake up to the idea of it being a safe haven then it's back to fireworks again.
Fireworks would be an understatment if we get 10 million new buyers lol
OP not sure we will be holding this price for much longer but its been a good time to stack up I've changed my bearish ways and think we will take off in the next few years.
How soon?
Who knows.