I would not call it "adoption" in the literal sense of the word, but only a certain type of awareness that there is a certain form of investment that in a very short time (several months or one year) can result in significant profit. I think that the famous four-year cycle has spread so much among the masses that most people believe that it is a done deal and a sure profit.
It is obvious that some bet with the conviction of a sure profit and that the accumulation time is still going on, with the fact that the majority will still very likely join only when they are sure that the new big bull run has started, and if there is no super good news before halving, such a bull run should not be expected before Q3/Q4 2024.
I kind of hope that in that case the price will rise by 50% or more in the next ten months, which would mean that in the next big bull run, we could start from a position of at least $40 000 for 1 BTC.
Even that's a good thing, it allows people to see it in a different light and should be giving us a better return. I know that it is going to take time for adoption to grow to a level where we feel comfortable just spending it, but that doesn't mean that it is going to be all that hard.It is obvious that some bet with the conviction of a sure profit and that the accumulation time is still going on, with the fact that the majority will still very likely join only when they are sure that the new big bull run has started, and if there is no super good news before halving, such a bull run should not be expected before Q3/Q4 2024.
I kind of hope that in that case the price will rise by 50% or more in the next ten months, which would mean that in the next big bull run, we could start from a position of at least $40 000 for 1 BTC.
Best thing to do in this case would be making sure that you are doing a good job and should not be all that increasingly hard. People may see it on a different light when the time comes but until then we should just raise the awareness and also make sure that it is in a good way for something that is good and not a bad thing.
Sometimes life is harder than we assume and if we keep it down and not even try because it is a hard thing to do then we would achieve nothing. There was a saying anything worth doing is hard to do or something like that, so yeah it will be hard to handle it and there is no doubt about that but the adoption will go up more and more eventually for sure.
