I already said I am not expecting (hoping, yes) any more 5x-10x in a single year anymore.
I believe that I understand what you are saying, bitserve, but you better tone down the bullishness a bit.
What I am suggesting is that two years in a row of 10x would still be a 100x, and even the most bullish of bitcoin prognosticators are not projecting anything like that... gosh that could put us in the $300k to $600k price range in two years (depending on foundational BTC price bouncing off point).
In fact I would prefer if we reach the stage in which Bitcoin stops crazily overshooting and overdumping afterwards for a more "sane and healthy" price growth instead.
Yes.. I recognize your rhetorical point.... In other words, you don't really expect a disappearance of bitcoin price overshooting. I know that you are just making such world view assertions in order to fantasize a little.
I didn't say anything about 10x two years in a row... and that's not how it works. Do a 10x one year and next one will just implode, as always.
I am referring that I don't expect 5x-10x in a single year.... Which is exactly what I wrote
2x? 3x? Maybe even 4x? Yeah, why not, in a very lucky year... much more than that and there you have another bubble pop and subsequent dump.
But... maybe that's exactly what will happen. Once more. But even if it does, there must be a point in which it doesn't do it anymore. And sooner or later it will come.
I already said I am not expecting (hoping, yes) any more 5x-10x in a single year anymore. In fact I would prefer if we reach the stage in which Bitcoin stops crazily overshooting and overdumping afterwards for a more "sane and healthy" price growth instead.
That'll only happen once BTC's speculative nature has generally been priced in. In other words, in the "late adopter" phase. After mainstream adoption, after dinosaur institutions are balls deep into crypto, etc.
Price and adoption are directly linked, so as long as most people/institutions haven't adopted it yet, it will continue being extremely speculative.
Exponential adoption necessitates exponential gains.
The next bubble will melt your face off. Even if I don't really expect it, I will really welcome it if it does