The growth of Bitcoin depends on how many people adopt it in the future and how many people walk away from it in the future . And those desicions will be made based on events which have yet to happen. If you have a crystal ball that can read the mind of every person with a cell phone in the world, and a time machine that can predict every single future event, you can predict how fast Bitcoin will grow.
I reject all price predictions as nothing more than crystal ball guesses. Take all tge fancy analysts and their pointless charts and Chuck them out of your mind. They are utterly useless.
I don't think the world us ready for Bitcoin. But that's cool because I don't think Bitcoin is ready for he world either.
Simply put, Bitcoin doesn't scale. LN and Segwit greatly increased the scaling. And block size will likely increase in the future. Maybe even block frequency too?
But in spite of all this, it still doesn't scale for mass adoption...yet. If I had a switch that suddenly converted the entire world currencies to Bitcoin, I wouldn't flip it. The world is not ready.
Amen to that! But the problem is that you and I are surrender by statists. People who are unable to conceive anything can happen without government saying so. And I also sense that most of them are fooled by the idea that if governments and Wall Street come in, they will make more return on their coin. They are wrong on so many levels, but that's what they believe.
Gotta love a man who thinks the state should follow the people, not the other way around. We need more people like you in this world.
I am sure many people will adopt it in the future because I think we will face a new era which the technologies will be something familiar with our life. And maybe the technologies itself will be part of our life like what we see in the Star Trek movie and else. And in that time, physical money will not use anymore because the resources to make physical money will be limit.
I don't reject all predictions that happen around us, but I accepted as my information to make my own analysis so I can do something and decide what I will do regarding with the situation.
I think we only need to let the public decide to use bitcoin or not and if they think that bitcoin will give many benefits, then they will join in the bitcoin world. They believe for something they know from what they read and not by their research, and most people thought like that, and then they make a conclusion base on what is happening now.
Right now, people are not yet ready for bitcoin or cryptocurrency, but one day, they will come to bitcoin and use bitcoin. The time for mass adoption will come, we don't have to wait for that time because when it's happening, we will not realize and we only know that many people using bitcoin and they are very excited when they use bitcoin.