Don't know if that's going to happen. It will, eventually, but I can't say I believe it will be very soon.

When what I've predicted occurs, and I now am leaning towards saying next year is when it starts, it's going to suck a lot of faith out of cryptocurrency in general. Of course us xmr guys know better, but the number go up and degens dont. With faith goes capital.

After that is when some people will begin to discover other ways of doing things that make more sense. I think this is when the cool stuff rises from the ashes, the cryptocurrency market decouples from bitcoin and all the different assets with any type of real utility begin to follow their own market trends, and obviously xmr is primed to shine, but I don't know how long it's going to take to get to that point. Could be a protracted bear, it could even take as long as the current sypercycle we are in, so 15 years, I have no idea. I do expect though that by then or shortly after bitcoin will have had a hard fork to remove the hard cap to maintain relevance, probably in vain.

Reply to this note

Please Login to reply.

Discussion

I don't know the details either. But I know that this is rock bottom and we won't likely see it go lower anymore.

500 in 2025 (up x2)

2,000 in 2026 (up x4 from years end)

500 in 2027 (confirming decadal break out)

and then we make boom

1,000,000 in 2034

Which pretty much could align with the failing of NGU shit tokens that will deflate the bubble as fiat inflation neccesitates those in for fiat speculation to liquidate their stash in order to survive.

Those who still think in fiat terms will suffer the consequences of their own (not) thinking process.