A question that anyone can ask "what if - and what if not?" Although most members of the forum are highly pro-Bitcoin and believe in its success, none of us are prophets or see the future so we can know what will happen in two bull cycles or after the next two halvings.

I have no doubt that Bitcoin would be able to reach some insane price for us today by the end of the decade - but I also know that it is on a very slippery slope when it comes to the most powerful nations in the world. China has already made its moves, Russia has strange ideas to say the least, and all these banning stories should not be ignored - and the US also has very big proponents of some crazy regulations or even bans.

I know you don't see this as a problem because Bitcoin continues to operate despite any bans, but it's not the same if it operates in the realm of legality and accessibility for all people (or at least most), or if it has to move underground beyond the reach of government.

That’s true, but wouldn’t you agree with someone if he/she said that “we are still early”?


I believe that from a game-theoretical standpoint, if Russia starts mining, or starts allowing Bitcoin mining, China will have no choice but to mine Bitcoin/allow mining too, https://bt.irlbtc.com/view/5377182.msg59104736#msg59104736

It makes me really thing of an answer to this question: when is really the best time to purchase BTC?

I mean, due to its inflationary value and limited supply of 21 million, most people would view it as an investment whether for short or long-term. But in this case, where its price continuous to fluctuate, I really do think that the best time to purchase would be the day when you have the means for it. Long term HODLing can somehow guarantee large amounts of returns if invested properly.

With this acquisition, I think it is also noteworthy to mention supply and demand. If he does indeed, sell all of his BTCs, the price on the market may somehow change with the given increase in circulation.

Even if they happen to sell in the future, we now know that MicroStrategy has become part of the cryptocurrency market/community, and if they sell it, there is every possibility that they will be buying back again from the market. It’s good how we are now having lots of big and strong institutions who have strongly become part of the crypto community and now backing it. The good thing about these institutions is that they don’t mind the condition of the market, whether it is a bullish trend or bearish trend, they are always out to keep buying Bitcoin, and we should also follow this step to buy now and HODL.

Of course, adaptation is still at an early stage if you mean ordinary people who still haven't figured out (and some never will) what Bitcoin is. But you first compared some rich people from the past and Saylor who according to you could make trillions because he holds 100k+ Bitcoin, now you ask a completely different question...


I don't know what kind of games you mean, but for me, there is not much logic in your obsession with China, which according to you will have no choice "but to pass Bitcoin allow mining too,", as if Bitcoin is something China depends on or will depend on in the future. From the perspective of mining profits, even if China has 100% control over Bitcoin mining, total mining profits + fees are trivial compared to what China makes from exporting its goods and services. China does not need Bitcoin, nor is it interested in anything other than making its bans work.