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RE: 40% Bitcoin Price Crashes 📉 / Schnorr Signatures, The Next Big Upgrade The Bitcoin Core Code
Bitcoin is like a tree whose fruits fall sometimes and doesn't look good but at other times it has so many tasty fruits on it that everyone run behind it ..
I will just say hold tight on the fruits they can turn out really tasty ..
There is still 6 Billion people chasing 21 Million BTC. Eventually, we have $1.0M BTC.
That number is less because there is an estimation of around 20% of all btc being lost forever + in our lifetime, we will not witness the last coin mined. I think the number we will be chasing the next decade might be somewhere at around 14 million, which of course gives it much more value.
Good Analogy @himu1111! Investor faith is half the game here. These currencies will continue to grow and have value as long as the community that supports them remains confident.
This is true, but the value of the US dollar will probably plunge after the stock market corrects itself, leaving the value of the dollar like that of the zimbabwe $200,000,000.00 Bank note.