Quote from: Free Market Capitalist on July 23, 2025, 09:19:19 AM

Quote from: Ticdeneb on July 17, 2025, 06:32:05 PM

Personally I think the time frame is too short to hit the $500,000 mark.
What do you think?

On the contrary, we could reach $500K this year or next. I admit that my opinion is a bit bullish, but I believe that at some point there will be a supply shock that will send the price skyrocketing, and we will see changes of tens of thousands of dollars upward, as we now see hundreds or thousands.

If we are talking about what is "possible" in technical terms, yes that is possible and could happen. But if we are talking what is probable then this won't happen. Supply shock is not that possible when there are huge walls from here to there, the amount of sale that will happen make sure that the supply shock isn't a good enough reason.

It doesn't mean we are not going to go up, of course we can go up more, but that doesn't mean 500k, that's way too much. For that to happen, we need x10+ more buyers than what we have right now, and there isn't a single reason why we would have that, why would people suddenly start to buy ten times more? Even in a supply shock, that's not really the case at the moment and shouldn't be one.