Quote from: Abiky on November 23, 2022, 01:01:46 AM

Quote from: Pierre 2 on November 18, 2022, 09:41:48 AM

I am expecting as everyone that price to hit 100000 dollars a Bitcoin for sure. I am expecting some new adaptations with crypto through world. In 2024 I think crypto adoption will finally increase a lot, many people will start to use crypto in everday life. Possibly 3x more than today. I also expect some exchanges to fail through this time even if Bitcoin keeps going up. Fraud exchanges will definitely keep dying.

The industry is being cleaned from malicious actors as we speak. Slowly but surely, crypto will become a trustworthy place for investors and traders to "hangout". New things just need time to mature. By 2024, it's expected Bitcoin's price will increase as the number of coins earned per block will be cut in half. Just because there was a major collapse from the world's second-largest crypto exchange, doesn't mean it's the end of the world.

Of course, there's also the issue of the Russo-Ukraine war and the COVID-19 pandemic. But I believe crypto (especially Bitcoin) will emerge stronger than ever after the tide is over. The future holds many surprises, so we can only hope for the best. Just my opinion

And yet for some reason many people see FTX's collapse as something similar to the world's end. Don't they know what happened to the first, to the number one Bitcoin exchange at the time, Mt. Gox? What was the price of BTC at the time of MtGox's collapse, and what was happening to the price during the following years? If they don't know, they can google about it, and all the info will lead them to conclusion that they have all the right to be optimistic about the times of the next Bitcoin Halving.