30x -> 10x -> 2x
so the next one will be what? 0.2x?
that would imply that the parabolic rises are done.
did bitcoin conquer volatility in 7 years? gold and silver are still experiencing parabolic rises after thousands of years.
this isn't over.
No, I definitely don't think this is over. As I said above
I think this can all be attributed to Bitcoin reaching a local saturation point; not that we're anywhere near potential capacity, but we are in terms of current TPS as well as users. We have reached the chasm, and now need to truly cross it into mainstream if we expect to see significant growth in the future.
At best, we probably have a few million users of Bitcoin currently. That's less than 0.1% of the population; if that's all Bitcoin ever gains in terms of traction, then maybe exponential growth is over. But if we cross the chasm and reach orders of magnitiude more users, then the future growth will eclipse anything we have seen to date.
And with things like the machine payable web (21 Inc.) and Brave browser coming as practical applications of Bitcoin for people, who knows? And there are of course tons of more potential future applications, most of which haven't even been imagined yet...