Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
We have had a terrible year in 2022, so bad that you can tell by looking at the market pattern. Bitcoin was all but doomed due to its poor condition. The beginning of 2023 was a bit bad, but finally, we saw a pretty good situation. Bitcoin's price will reach $45k by the end of 2023, which bodes well for 2024. I expect good things for
BTC in 2024.
Bitcoin's superiority is not determined by the price but the network.
1BTC is always equal to 1BTC and the network functions the same way right from when it first went online.
It is true that the network, not the price, determines Bitcoin's superiority. That's right, and 1
BTC always equals 1
BTC. But I never thought Bitcoin would be so wasteful. When Bitcoin was at $55K+, I had a clear idea that it might touch $100k. But that's not how we saw the loss of
BTC.
When the price drops it gives you an opportunity to buy more at a discounted price.
It allows us to buy when the price drops. But did you ever think that Bitcoin would be so cheap?
Hownlow do you think fiat will drop in 2024?
What will happen in 2024 is impossible to predict, but in 2024, Bitcoin will recover everything before and move towards something better.