Re: The problem is that it could take again many years to recover

Quote from: udidrone on Today at 10:05:35 PM

Quote from: Tekunda on April 19, 2021, 10:04:03 AM

I have no problems seeing a bright future for BTC, but after a major retracement it might again take many years to recover. Look at the last sell off down to $3700. It took almost 4 years to make new ATH.
So should this be the major, expected drop, it could again take many years for BTC to reach 100k.
Many people will be dead before BTC will reach 1 mio.

I wouldn't think much about $100k or anything like that as long BTC not dumped hard. Grin

If we think it will disturb our life and just let it flow like what it must for. Honestly i never expect bitcoin will be reach this price when i first joined crypto and who know what can happen in future.

Not impossible but not so easy. Yes, it takes years, many years before we reach that price but I was wondering if poor people are able to invest with that price, they might only choose altcoins.

Anyways, it was not our focus here. Everything is unpredictable, $100k, $80k, are not what I'm thinking now, what I am asking and hoping that the market will able to sustain and stay for long. People are enjoying this thing, it even helps us more by simplifying our workloads and that was enough more than the price.