You can't ignore the fact that there is a cost deterrent that is not being accounted for lol. Bitcoin adoption has been excruciatingly slow actually...only now is it becoming more mainstream...but not with retail. Can you corollate the increase in price with an increase in new wallets??? No you can't, because the bitcoin train has already left the retail station. At best you are getting bitcoin adoption via proxy through etfs.
HA! Right again! https://www.riotimesonline.com/the-bitcoin-downturn-new-wallet-creations-reach-a-four-year-low/
waxy critical thought has no accountability, just engagement farming I felt very strongly of a very Bullish Q4 2024 halvening year, putting everything on the line $100k before eoy, I even got pushback from others as it seemed unlikely at the time, while waxy kept trolling it, saying 50ks 50ks 50ks, and posting negative Nov and Dec table I was literally screaming telling waxy it is impossible to have a bearish Q4 bitcoin halvening year now, waxy claims everyone knew $100k was inevitable, after all the fud and negative sentiment caused by waxy posts, will pretend part of the "everyone" saying "everyone" automatically includes waxy, classic troll psyop And on the same note, as bitcoin crashed 3k from 81k to 78k, troll-waxy quickly agrees with S2007S that btc will break to 69k, i offered a bet, troll-waxy agrees, i agree, i wake up in the morning, as bet was no longer active
I gave you two scenarios..price is following one of them. You disappeared when Uptober was a bust lol. And now you seem convinced that this can only ever go up lol. You have no idea how high this can go and in what time frame...other than annoying 100k posts. You were thumbs upping me when my charts were projecting for 100k by January back in summer. And you have no idea how far this can retrace. And your MSTR calls (if you even have any) are actually performing worse than if you just held the underlying.
Correct. Internet was invented in 1983, adding 15 years 1998 internet was a geek hobbyist tool, mostly text-based, irc, gopher, mailing-lists, email http was a game-changer but still very underdeveloped, remember the dot-com was a mania, anyone that had a web site was a big deal in 15 years, bitcoin went from $0.001 to over $90k, wtih adoption in every continent and major cities in the world, over $30 Trillion of transaction value, more than Visa and Mastercard bitcoin is much greater adoption than internet at 15yo