Post
Topic
Board Bitcoin Discussion
Re: The fall from 65k to $30k was the best thing to ever happen to Bitcoin
by
mindrust
on 04/06/2021, 10:51:55 UTC
Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.

Take a moment to consider:
-Numerous institutions sit on the sidelines waiting for your money.
-Occasionally, a crash occurs.
-News reports about it are more common.
-Over half of the value of Bitcoin is lost, but the network continues to function. Work continues on upgrades (Taproot).
-HODLing and buying the dip are more popular than ever before, according to analysts.
-The new price offers buyers a great opportunity to enter the market.
-Summer will see US banks beginning to offer cryptocurrency products.
-Banks in Germany are legally allowed to start on July 1.
It's unstoppable

By following your logic, BTC going from $30 to $10k would be even a better thing to happen to Bitcoin. So, Bitcoin going from $60k to $30 cannot be the best thing because there are even better potential scenarios out there. I agree with what you said above though, Bitcoin is  inevitable. Eventually bitcoin will absorb every financial asset out there and it will be the one and the only.

When we are ready, we won't call it Bitcoin.

We will call it,

"The one"