The log target is $100k just sayin.. give it a month or so.
And you think things like transaction fees and load capacity have zero effect on that? That price just magically always increases in a 45 degree line? You're trying to apply Metcalfe's law to something that's already virtually topped out in terms of load capacity. I mean, Hall Finney already said bitcoin is useless except as a settlement network years ago. For something like Metcalfe's law to apply when it's a settlement layer, it means govts would have to adopt the thing as the world reserve currency, otherwise it's not exactly having any interaction at all with most of the world's inhabitants.
Do any of you people interact with other humans in real life? Like 99% of the people I meet do not give one flying shit about bitcoin lol. Far more people have some type of interest in gold or silver, but still most of them don't have any of that either. However, when there is some type of economic implosion, all of those people will be fleeing straight to gold and silver. Like my dentist, I told him to buy gold when it was $200 years ago and he actually did buy and made a lot. I told him to buy bitcoin when it was $200 and he was like, "no thanks" lol.