when will bitcoin prove its true prosperity and take on full beast mode?

[White sugar]

Isn't a ride from $30 to above $1000 in less than one year, and from $1000 to above $4000 in less than year, wild enough for you?

Then maybe there will never be a beast mode, if your expectations are so high

[xypos]

Isn't a ride from $30 to above $1000 in less than one year, and from $1000 to above $4000 in less than year, wild enough for you?

Then maybe there will never be a beast mode, if your expectations are so high

Well at least in my opinion this is not going to be even near the highest level bitcoin can achieve. We haven't even seen major integrations of bitcoin into the world banking system, nor is it even known in the majority of the earth's population.

We are nowhere near mass adoption yet. Once we achieve mass adoption you can only imagine how high the price would go.

[BitcoinBunny]

Many have come up with logarithmic graphs and exponential values etc.

For me if Bitcoin follows this type of yearly doubling trajectory I'd be more than amazed and it would obviously make most current holders very rich.

2014: $125
2015: $250
2016: $500
2017: $1000
2018: $2000
2019: $4000
2020: $8000
2021: $16000
2022: $32000
2023: $64000
2024: $128000
2025: $256000


Considering the value is well into the 4000s already I'd say the current value is indeed already very high.
If its value doesn't reach into the upper 1000s ($8K or so) before 2021/22 I'd probably cash out if possible and forget about Bitcoin, but if the value increases anywhere near the likes of the above figures I'd definitely HODL for a long time. There have been very good indications recently that growth can continue. In the moment the waiting might seem endless but looking back Bitcoin has rocketed like mad in a short timeframe and increased percentage wise far quicker than my guessing figures indicate.

I'm definitely HODLing for now.

[Clairvoyance]

In order for Bitcoin to prove its prosperity and enter "beast mode" it doesn't need to make anyone rich. It needs to be developed to the point that's it is usable in any kind of situation, by a lot of people at the same time and in a user-friendly manner. Making people rich is secondary to the prosperity of Bitcoin. With the right path forward, the rest will come gradually and naturally.

Well said! The current trend of bitcoin and digital currency is in a slowly increasing trend. Most people get too excited thinking they'll be rich in no time with it. If more and more people are going to use it not just hodling it then it can more developed in ways we didnt expect. I do like OP's statement "Making people rich is secondary to the prosperity of Bitcoin. With the right path forward, the rest will come gradually and naturally." It really sums up everything.

[Opquar]

It has already gone through beast mode. It was at $600 a year ago, so it basically multiplied its value by 7x in just a year. There have been massive growths before that, too. As for true prosperity, some are optimistic it could reach $100k. We'll all be able to retire then lol.

[webtricks]

millennial's are the biggest investors and supporters obviously, but bitcoin has to reach a level of financial prosperity to somewhat the fullest eventually...will it make our kids rich? Grandkids? Great Grand Kids? Aliens or Martians to that far extent?

You mustn't fear the stagnancy of Bitcoin prices currently. It is good for it to stabilize around some strong value like $4200-4300. This will serve as strong base for coming rallies in future.
Don't expect it to rise unstoppable. If so happens then Bitcoin will become very prone investment.
It is better to move solid then flying in bubble!!

[Lecsor]

It seems bitcoin is already the most powerful on the planet. He made a lot of people rich and continues to give all investors hope for a rich future. I admire him.