Holy shit, Hamza2424.
You know that a cycle is ONLY 4 years long?
Nooo.. But approximately that can be a dominant figure, it may vary according to the market developments. The figures may deviate from the last patterns, But to keep in short most people try to understand the concept of the Bitcoin market cycle from halving to halving but it's really challenging to predict the exact timeline as many factors may influence it.
And, sure maybe "we" could give you a wee bit of a benefit of a doubt and to suggest that you really meant two cycles.. this cycle and the next one, but that still ONLY gets you 8 years under the most generous of interpretations of your own words.
Ahh.. Well, thank you for the benefit of the doubt,. What I mean is at the end of the coming cycle maybe around 2028 to 2029. I cant be sure about the figures..
Maybe in the last almost 15 years we have gone from zero to 1%.. and gosh are we being generous with even thinking that 1% of the world's population somehow has some exposure to bitcoin that would mean that bitcoin is a priority for them?..
I have my doubts, but it is not easy to measure bitcoin adoption.. but we could say that 1% of the worlds population is right around 80 million people... so in the next 4-8 years you are suggesting that bitcoin adoption is going to be 20x to 30x that number.. which, with the same quantity of world's population would be 1.6 billion to 2.4 billion.
You've said it on your own that it's really hard to figure out the efficient measures but I doubt that in your calculation the 1% is inadequate, as per the developments and the recognition level we can easily say around 10% to 12% of the population has exposure of the Bitcoin directly or indirectly and around 1/2 of this figure will have direct relations with Bitcoin.
For making future predictions, I'm basing my analysis on crisis levels. It appears that the magnitude of a crisis correlates with higher adoption rates. In recent times, the COVID-19 pandemic significantly accelerated market growth, leading to a substantial upswing in both recognition and adoption rates.
I think that you are referring to psychology, right?
Yeah.. A typo error, Most of the time I really take care of it, but sometimes especially when typing on a smartphone it's hard to deal with.
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