Re:What would it take for Bitcoin to fail?
by enether on Sunday December 29, 2024 @11:01AM
(#42540706)
Right.
By failure I personally meant the monetary value being erased. e.g going from $100k to $10k, staying there for a few years trading sideways, then going down to $0 (or close, whatever)
That part feels extremely unlikely to me. I would give it in the range of 10-25% chance of occurring, given the history, momentum and human behavior.
By failure I personally meant the monetary value being erased. e.g going from $100k to $10k, staying there for a few years trading sideways, then going down to $0 (or close, whatever)
That part feels extremely unlikely to me. I would give it in the range of 10-25% chance of occurring, given the history, momentum and human behavior.