Turns out my estimations of the Lightning Network's growth were underrated, I was using an outdated explorer that was listing less nodes, use this explorer for the updated amount of nodes:
https://rompert.com/recksplorer/This is the old url:
https://lnmainnet.gaben.win/Notice how there's 300 new LN nodes in the other url that the old url is not caching.
LN seems to be growing pretty fast, it will eventually go parabolic once it's easier to run. Right now (I think) you need a full Bitcoin node to run a node, but eventually they will make it so anyone can run an LN node without running a full Bitcoin node.
By 2021 I predict big companies like Steam, eBay or even Amazon starting to accept Bitcoin payments through a much more robust and user friendly LN. Coupled with the store of value properties which will remain as solid as always, the combination will make the price go beyond $100,000.
I would not mind that your predictions come true,100k $ for 1
BTC would be a really nice price,but how long this price could be maintained since most would choose to sell everything they have at this price and I believe a lot before.So up to 100k $ and then correction to 30-40k$ maybe?
In some of your previous posts your views were something different regarding
BTC price increase,that's why I am a little surprised now that you think LN may have some impact on the price.
What most people don't get is that we don't even need mass adoption to get the price up x10, we just need the individuals with high net worth to diversify their portfolios into Bitcoin.
Most money in the world is controlled by few individuals.. so why the hell people want "mass adoption"? average joes putting their small savings into Bitcoin will do nothing, we need the big pockets to diversify their stupid stocks and bonds into Bitcoin and eventually this will happen, but people are too focused on how we need to pay coffee with Bitcoin to "go to the moon" which is nonsense.
I think that main force which can make
BTC more valuable than today is mass adoption,but not valuable in a way of pump and then dump to 30-40% of the previous value.If
BTC become something most used by ordinary people and not only few individuals who manipulate the market and the price and make profits in that.
Of course store of value is something which should not be ignored,and will definitely play a big role when it comes to the price-some people will never consider
BTC as currency but only as a possible valuable asset.