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RE: 🔥 How bigger can Bitcoin be? 1,000,000$ possible?

in HODL • 3 years ago

the end of the decade in 2030.

I think that might even be conservative. I think this year will put us solidly above maybe ~130K and the next cycle 2025 over 1 Million.

However one thing that is in the air and nobody is really talking about are transaction fees and scalability of the Big Two: Eth and BTC. There is still a chance of BTC and even ETH becoming proto-type relics.

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3 years ago in HODL by
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     3 years ago  

    Theres still room to improve transaction fees, specially in Ethereum.
    However I feel that Bitcoin will be more useful as store of value than anything else, so I don't mind 10-20$ fees.

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     3 years ago (edited) 

    But what is when Bitcoin 10x again? Are you OK with 100-200$ transaction fees? I think this might hurt BTC a lot when we finally have mainstream adoption. There will be no point in shops accepting BTC when nobody wants to use it as barter because of trx fees. This might steal a lot of lime light from BTC.

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