widening highway lanes counterintuitively doesn't tend to relieve traffic. It incentivises more people to use it, thus clogging the roads again. However, if we added 100 more lanes, there's only a finite number of people who can fill it up and thus we would no longer have traffic... at the cost of a 100-lane-wide monstrosity bulldozing the landscape.
I am wondering if BTC is similar. Sure, it's following a four year cycle, but that can't literally go on forever, we can't keep widening that to 100 lanes of investment. There's only so much money out there. I know BTC accounts for a small amount of wealth out there overall, but the amount that has a high enough red line to shift away from traditional assets to crypto, is likely a lot more limited.
I wonder if the cycle pattern is coming to an end, as investors are simply not going to gamble on even the most majestic of pumps and positive legislation, when they can just put it all into Nvidia instead.
There's traditional investors out there comfortably getting 15-50% gains per year consistently, which is far more than anyone really foresees bitcoin accomplishing. If it doubles tomorrow, that's still 150% over 4 years or so, which isn't as good as, say, Nancy Pelosi's general portfolio (65% in 2023 alone)
I thought BTC upside was infinite?
one day 1 sat = one planet
space travel dude. think about it
Oh yeah, it's so obvious.. duh XD