Maybe by then,Bitcoin will find its maximum at $70,000-$100,000 within next year since all bull runs make 17x returns on Bitcoin on average. Then,the 70% crash will come,like with all bull runs on average back to $21,000-$30,000 and then it will probably stay between $20,000 and $40,000 for a few years,but then slowly lose market share again.
Since Bitcoin technology is pretty bad and if Bitcoin doesn’t become 1,000x more scalable,more energy friendly,more decentralized and more faster it will disappear.
The way it looks right now, I don’t see it being able to catch up with other cryptocurrencies which innovate 5x faster than Bitcoin,Bitcoin is just too slow to innovate.
They have hundreds of developers and every change needs to get signed off by the community and this paralyses innovation.
No dey spread FUD of bitcoin everywhere because e show say you
knowno understand how bitcoin dey work. Who tell you say another coin go come out wey go fit pass bitcoin and say bitcoin price go dey stable within 20k-100k range
in future. Abi you no know wetin dry make price of commodity dey increase in value. Na because of demand and supply. Bitcoin get limited supply of 21 million, and for every halving wey dey be for every 4 years, the quantity of bitcoin wey miners dey get as their mining reward dey short with 50%. That na wetin go dey make bitcoin price dey shoot up overtime.
Wake up, make you see as big companies and government dey rush bitcoin because them don see am as future wealth but the people wey no know go dey think say bitcoin go crash like you dey talk. We don hear all these stories since say bitcoin go die but bitcoin dey $118k like this. No be everything wey you read for internet, you go believe. Na for this forum you fit get the best knowledge and information about bitcoin.
Satoshi no create bitcoin to take over from fiat and that one no go fit dey possible because government no like am say them no fit control am
because e dey decentralized.