Will the BTC price take longer to reach all time highs with time? 5 years ago 10k bought 3 BTC, now it buys .25. Does that mean that as price goes up, it will require more fiat to keep it pumping? When price is 200k, it will take a lot of money to influence price it seems. Even with mass adoption, it would require people to put it a ton of money to raise the price.
The price of bitcoin coins was pegged with fiat but the price of altcoins was following bitcoin. When the price of bitcoin goes increase and then you will need more fiat to buy more bitcoin. It will need more and more fiat money to pump the price of bitcoin.
If the price of bitcoin will reach 200k and then there will be a very small supply in the market as people intend to hold their bitcoin instead of trading it to the market.
The law of demand and supply applied in this case.