Quote from: 2Pizza410000BTC on Today at 02:20:28 PM

Quote from: OddJobsForBitcoin on January 11, 2024, 09:24:08 PM

-snip-

I never believe in predictions made by theorists, I always believe in my own thoughts and predictions. Many theorists have predicted bitcoin will go to zero I never believe that bitcoin will go to zero but I believe that bitcoin is not zero and will go above $100,000 in 2024. Also, I think the popularity of Bitcoin will increase as the day goes by and as the popularity of Bitcoin continues to increase, the value and demand for Bitcoin will increase which in turn will increase the price of Bitcoin much more.

Their theory might come true if bitcoin were banned worldwide and all crypto assets in the industry were closed by the government. This is not something to expect, but you should just take it as a message that bitcoin will not be valuable forever. There are risks that should not be ignored including bitcoin being worthless due to local regulations, that is a legal risk.

Whatever the risk, it is still a risk regardless of how large or small the potential for it to occur. After all, it is unwise to put 100% of your budget into bitcoin without considering any risks, so consider the above theory as a warning message that should not be completely ignored.