Quote from: wxxyrqa on June 15, 2024, 11:36:53 AM

Quote from: Yaunfitda on June 14, 2024, 02:12:02 AM

Not to burst the bubble though, every bull run that we have, Bitcoin will suddenly goes up in terms of market cap and then compete not only with banks but top tier companies in the world and everyone thinks that it's a good measurement.

However, when we go on a bear market, numbers are going to go down hard as well and then we are out of the top 10 or top 20. So for me, this numbers are not worth to look at, most valuable companies are consistent as compare to Bitcoin, just saying.

I think there will come a time when Bitcoin will be more stable than it is now, and when it reaches its peak price, the investor will not want to have dollars, but will leave Bitcoin in his wallet. Of course these are lyrics. But nevertheless, we strive precisely for the unquestionable value of Bitcoin.

Bitcoin brings many benefits and we have many reasons to choose bitcoin, such as it gives us the best privacy, full control over our assets...But I think the biggest reason we chose bitcoin is because of its volatility, people take advantage of its volatility to make profits. That's why many investors are willing to store their bitcoins on centralized exchanges, buying bitcoins through ETFs. So do you think that if bitcoin becomes stable and no longer brings much profit, will people still be interested in it?

Decentralization and volatility make bitcoin special. So I guess not too many people expect bitcoin to become stable, and losing one of those characteristics would make bitcoin less attractive.