Quote:
Originally Posted by TeflonDawg
How does BTC "continue to win"?
Going to assume a serious question.
Bitcoin is becoming something institutions no longer can ignore. It's something that regulators don't try to ban but simply find a way to co-exist with.
We're seeing massive institutions jumping on. ****coins starting to finally die off a bit, "blockchain not Bitcoin" dying off.
I predict in the next 5 years, no fewer than 10 countries will announce having reserves of BTC in their central bank. Every firm on wall street will have a desk dedicated to cryptocurrencies (mostly Bitcoin by that point).
Price will be > $100,000, likely closer to $500,000.
Bitcoin has a 10 year track record with nothing more than a few bubbles that overinflated and returned to lows higher than the previous highs. It's march will continue, with nocoiners autistic screeching the whole way, moving the goal posts the whole way, until they reluctantly adopt. It will be the greatest transfer of wealth in the world's history. It will do more good for society than agriculture, the industrial revolution and the information revolution combined.
The party is just getting started. The naysayers will continue just as they have done for the entire 7+ year history of this thread, somehow convincing themselves that Bitcoin isn't slowly winning.