Think about it - the average norm already thinks $100k+ is far too expensive.
> but but but institutions and saylor don't care, they'll keep buying all the way past $1m!!!!!
Institutions understand it's a volatile asset backed by nothing. Also, Saylor is WAAAAAAYYYY overleveraged and you don't think institutions aren't plotting for ways to burst the bubble to screw him over?

Besides that, the returns will get weaker and weaker the higher we go above $100k, if you really want that 10x to a million, you have an extremely long, incredibly gruelling journey ahead of you.
> "oh i should've bought at $100k, now it's $200k!!!! that's WAY too expensive, forget it and let it die"
Some institutions are thinking this way, contrary to popular belief.

tldr The more expensive something gets, the average person and institution will say "forget it" since they know the rate of return is shot and it's too late for them

>>60585223 (OP)
You pieces of shit need to stop thinking about btc in terms of dollars. Its "supposed" to be a currency and the more stable it comes the better, putting aside all the dino tech that wont allow it to prosper. You missed btc gains, thats it. The real gains are not being apart of the jewish cabal which of course wont happen but btc is just slightly better than an index fund who gives a crap.

>>60585233
I can't even fathom the cope from this.
> stop thinking about btc in terms of dollars
Well then that basically proves my point. NOBODY will invest then if they can't get a positive fiat return on it. Is btc universally accepted everywhere as payment, as you seem to be alluding to? Nope, many places have tried it but it has proven to be far too complicated for the average person and 99% of people will simply stick with fiat as always. I don't deny fiat's inflation problem but what are you going to do about it?

>>60585223 (OP)
Have fun staying poor.

>>60585251
> have fun staying poor
> sidelined ass nigga
Bot comments such as these are proof this board has been dead for a long time. Why am I wasting my time here again?

>>60585223 (OP)
It seems obvious to me that Saylor's liquidation is more or less planned, there is too much money to be made by liquidating him. You seem pretty smart to me OP, you are not one of those who blindly believe in BTC as a religion.

>>60585244
Read my post again, but slowly. Im saying btc isnt good enough for that clearly, but you wont make money from it either. Atleast you wont be a retard chasing sloppy leftovers for gains and focus on the real problems in the world which AGAIN btc cant solve it as of now. tl'dr everyones retarded.

>>60585256
If only you had listened to these comments anytime in the past 16 years

>>60585223 (OP)
Thats why Bitchuds are trying to trace the price with satoshis

>>60585276
This is all btc maxis have as arguments now?
> no no no no you were supposed to buy btc on a seedy exchange circa 2010 bro! you're did it all wrong bro!
Ok then why are gadflies on this board telling everyone to buy btc now when it's already eclipsed 6 figures? Again go back to my OP post. The opportunity for making any substantial money on btc is long gone.

>>60585309
Why are you so mad? Also, it’s still early if you ask me. BTC flipped the mc of silver already and it’s going for gold next.

>>60585223 (OP)
You are dumb af. The average person thought it was too expensive when it hit $5k.
$50k or $100k or $500k makes no difference, the average person can't afford a whole coin.
Now we have entered veblen goods territory, rich people will fight to be a wholecoiner.

>>60585338
When it’s self-actualized, we will talk in Sats only. That’s 1/100,000,000th of a coin. No one will own “bitcoins” except banks

I am not buying until saylor jumps off a bridge

>>60585330
>it’s still early if you ask me

And thats exactly why we dont ask you. If you went out on the street and asked 10 people about btc, i would bet 5 of them would have heard it regardless if they bought or even understand it. If they didnt buy the moment they heard it chances are they wont fucking buy it, they might but not the most likely thing. Youre not early silly, go look to make money somewhere else or at the very least forget about your stack for a decade and go live life.

>>60585371
The projection and seethe in this post… whew lad

>>60585382
Heres a very valuable protip. Only a tiny percentage of people knew they were early for bitcoin back in 2010. Nowadays a good chunk of people think they're early mostly cuz of coping. The herd is never correct. Never.

>>60585223 (OP)
Your USD will keep losing value, especially throughout the next year.
DXY will drop to 80-90 so enjoy holding these heavy bags while Trump deliberately devalues them with 1% rates, tariffs and spending bills.

>>60585418
I said it in another post: BTC has become mainstream. One day market makers will dump it for something else, and those who are still in BTC at that point because they hope it will become a global currency or store of value will be stuck forever. I know they know it deep down, too.

>>60585500
If btc was so invincible to economic crises, then why does it flash dump every time Trump or Elon tweets something about tariffs or whatever the fuck?

>>60585223 (OP)

I love BTC and want it to go up a lot, but I agree. The higher the price, the tougher it will be for people to justify buying. If we ever get to $500,000 and above, I think we'll really struggle to find buyers. At best, MAYBE one day BTC can get somewhere near gold's market cap, but I can't see it ever surpassing gold. I would love to be wrong though!

the increase in expense is because of reduced supply and *shock* increased demand

>60585233

>>60585223 (OP)
1 Satoshi is 1/10 of a penny dumdum
Everyone can afford it

>>60585418
So a bunch of generalities in your head should overcome the fact that you missed the profits? Why should I take a “protip” from a broke person

Don't conflate Money, the unit of account within economic calculation, with currency and our individual uses of money. BTC isn't currency, or "a" money, it IS money, it can be used as THE unit of account, the economic reference point, not just an approximation like we've been using throughout history. This is a huuuge advance, both massively simplifing economic calculation as well as guaranteing positive sum gaming in-the-limit by acting as an incorruptible tally board. 7tps is unironically adequate, it doesn't need to scale if it's the sole denominator, and the only thing stopping it from that is capitalization. BTC has limited use today, but is the most useful thing that has ever existed at $1 quadrillion, this will happen eventually as the genie is out of the bottle, before BTC we did not have the means to create a true unit of account, now we do, no longer a question of "if" only "when"

>>60585233
>supposed
Intent has no value, price carries information precisely because it is a mechanical product of supply and demand alone. Bitcoin is a more useful economic unit than gold/land/equites, its perfectly inelastic emission & fixed total supply increases the fidelity of its price signal, and its trustless nature precludes corruption. Belief not needed. Bitcoin goes to ∞ in-the-limit by dint of outcompeting other economic units, this is guaranteed to happen as a high fidelity price signal for money is USEFUL, increasing the efficiency of economic calculation and therein improving the fitness of the superorganism by optimizing the arrangement of economic actors & resources.

>>60585505
Network effects are a positive feedback loop in economic units, bitcoin has an insurmountable lead over any comparable economic unit, the window for meaningful competition closed a decade ago

>>60585681
That all strictly depends on if the Earth's people as a collective decide to adopt it as the global currency. The way things are trending now, peoples' trust in crypto generally speaking is already down in a diarrhea filled shitter and sentiment continues to get worse. Only institutions and Saylor are propping up btc. No amount of theory novels you write will change the average person's mind.

>>60585694
False. Belief not needed.

Economic units have demand not because of belief, but because their supply properties allow demand to alter price primarily instead of supply, enabling economically useful functionality such as Store of Value and other economic abstractions. This is why grain et al, despite having great “intrinsic value” and near-universal acceptance performs poorly as an economic unit, grain has huge elastic supply so increasing demand results in increased supply, instead of increased price, preventing the encoding of economic state information into the price of grain and therefore preventing the use of grain et al as an economic unit.

Gold has been used as an economic unit since antiquity because its low elastic supply render it a fine natural approximation of a unit, but it still possesses elastic supply, bitcoin surpasses gold primarily by possessing perfect inelastic supply, while network effects keep BTC ahead of newer imitations as they fail to improve on the systemically important properties of bitcoin. Likewise, BTC surpasses equities & debt instruments in supply dynamics and in the lack of trusted third parties, and surpasses land in fungibility, transportability, homogeneity, AND in the lack trusted third parties (while land could be thought of as trustless, land ownership is entirely trust-based).

>>60585223 (OP)
Ok ok, but what about tulip bulbs?

>>60585694
>>60585759
Further, we have never “collectively decided to adopt” any economic unit, not equities, nor debt, nor gold, nor land, these evolved naturally because they were capable of being used as such, and having economic units is essential to performing economically useful abstractions like Store of Value et al. Bitcoin will continue gaining economic unit market share solely because it is a superior economic unit, belief not needed.

>>60585694
>institutions

yeah...about that

>>60585688
>insurmountable lead
it is ahead but lead is not insurmountable. without BitVM L2's Bitcoin is toast long term as there is little organic demand for L1 blockspace - Bitcoin is not developing a fee market and block subsidy is rapidly going to zero. you don't need to wait until 2140 or whatever to start feeling effects.
it is an open question whether Bitcoin L2's can compete as institutions might prefer to issue on Ethereum instead: they don't get locked into toxic politics and "no upgrades ever". they have been doing that already and "muh only Bitcoin has regulatory clarity" is changing fast.

>>60585223 (OP)
this is not how anything investment related works

>>60585542
people are not buying Bitcoin, they are buying ETFs as percentage targets.

>>60585223 (OP)
bro retail is like 1% of inflows lol

>>60585223 (OP)
Retail niggers just buy etfs. Soon the price of ibit will be better known than the btc price.

>>60585366
Is it weird that I kind of want satoshi to come back only so he can dump on saylor?

>>60585694
>average
>mind
>pick one

>>60586277
False. Again, the systemically important functionality is not improved by newer imitations, Bitcoin does not need to increase demand for blockspace to thrive, mining only protects the network from double spends, the network is already future-proof off current fee revenue as long as exceptionally large transactions wait for more confirmations, what then would drive an exodus to smaller networks?

The fundamental problem with you shitcoiners is your failure to appreciate bitcoin as novel technology, instead seeking to create kabuki theater of existing financial systems on “da blockchain”, i.e. tokenization, not valuable, the value has always been what bitcoin has enabled for the first time in history: trustless money, an incorruptible tally board.

>>60588532
>mining only protects the network from double spends
yeah, "only" that core functionality of Nakamoto consensus. what happens when miner revenue goes down 10x in USD terms?

>>60589672
Transactions will be bundled up and processed in batches just like the SWIFT system. Also, this is how bitcoin lightning network works

>>60589690
That's not how lightning works at all. To spell it out explicitly: lots of latent hash power is a security risk as many GPU mineable coins eventually found out. You don't want warehouses full of ASICs deep in the red.

>>60589672
Hashrate falls, double spends (clawbacks) can still be avoided by waiting for more confirmations and are only even a theoretical issue for exceptionally large transactions, a security budget of “only” a couple of billion dollars is 100% secure for all transactions under a billion dollars after only 1 confirmation. You’re aware that’s the origin of “wait for 6 confirmations” right? Even if a malicious actor controls the supermajority of hashrate, it becomes exponentially more difficult to reverse the chain as it grows.

>>60589874
yeah you can wait 60 confirmations if you'd like. others will use other chains. we are not at that point this year not next but you are foolish to be complacent.
>Bitcoin will be number 1 forever ... because it just will ... OK?
lol

>>60585223 (OP)
nobody is buying bitcoins though

they're buying partial bitcoins. And the price for a part of a bitcoin starts at fractions of a penny

>>60585233
>The real gains are not being apart from the jewish cabal
Nigga, what?

>stll 0 arguments against diminishing return theory.
Uh oh, you don't actually think it will go up 1,000% every 4 years forever, do you?

>>60589884
>ok it will still function fine but everyone will abandon it anyway, ok?!?
As I said, the fundamental problem with you shitcoiners is your failure to appreciate bitcoin as novel technology, that bitcoin goes forever regardless of price action or hashrate or transitory network usage is precisely why bitcoin stands alone and will continue to dominate.

Of extant blockchains, bitcoin is the only one that’s guaranteed to exist as an operational network in 100 years, hence the only network worth using as a long duration economic unit.

>>60585223 (OP)
How much is one share of berkshire hathaway? (BRK-A)

>>60585223 (OP)
If every millionaire on earth wanted to buy one bitcoin, there wouldn’t be enough to go around. Stop thinking about your cousin buying in, and realize the big players are now at the table. The “problem” is that there’s basically no way to get the government to stop printing money faster and faster. Hence bitcoin. It’s nationstate proof and can be moved across the world instantly.

>>60591672
> can be moved across the world instantly

Ancient slow expensive dogshit being used as a global currency? I'm honestly starting to regret ever posting this thread, but at least it's shined the light on the sheer delusion of btc cultists.