I agree with your sentence, but I think you know that if bitcoin will be "largely" used the price will low and not the contrary. The value and the price of a thing are not always the same thing and destroy it (in my honest opinion) will not rise the value.
PS: I think the halving will generate a sort of pump, but we will never see again 1'000 dollar/bitcoin (it is not possible, but maybe when the reward will be less than 1 btc we can start think about one thousand of dollars per bitcoin).
But that thinking is wrong. The price won't be low, we will be using something like bits, or satoshis. Imagine if you have 500mil users. At least some of them have to hold a certain amount of Bitcoins. I mean they will hold them back, not use them. The market won't be able to support the demand at the current price. That's why Bitcoin can skyrocket more than anything, as we've seen this in the past.PS: I think the halving will generate a sort of pump, but we will never see again 1'000 dollar/bitcoin (it is not possible, but maybe when the reward will be less than 1 btc we can start think about one thousand of dollars per bitcoin).
$1000 is actually quite easy to reach. If the ETF is successful after launch, who knows where the price will be.
I don't know if you are wrong or not, but are you agree with me when I am saying the halving will generate a sort of pump. I don't "think" the ETF will rise the price to ~1'000 dollars, most probable around 500-600 dollars.
just my personal opinion (and I want to share it with the community).
You are incorrect. You said that if demands go down, the price will decreased? Hahaha your talking to demand and supply relationship. The demand and price relationship is when the demand goes down the price will increased. And vice versa
If no one buy, can you tell me how the price should increase? It is almost impossible that the price raise if no one (or only a few quantity of person) buy bitcoins.
