There's a lot of speculation and fiat-chasers but that was true of every Bitcoin bubble so far. I remember back in 2013/2014 during the last big one lots of people got mostly excited about the fiat worth as well.
But I have a more bright outlook.. I think every bubble we go through, we larger percentage gets converted to crypto hodlers. Adoption will come but not overnight, and we'll probably see a huge crash again before we slowly crawl back up, at some point, before we actually go mainstream.
In the meantime I do as I always do: just hodl. I do plan to cash out some fiat at some point, but I do think the meme applies "By the time we are done, you don't need to cash out into fiat anymore".
You'll need to cash out of BTC by the time we are done.
In 10 years, BTC will have gone the way of pets.com and myspace.com
Huge valuation in their day, but ultimately became irrelevant and went away quietly into that dark night
Oh but I think we're going to see a multi-crypto future. I hold a large variety, and only about relatively small percentage is in BTC :)
Agreed. Many god projects in progress, many coins will survive, BTC won't be a long term survivor.
But that's OK. Darwinism is OK.
vote I am a friend