Quoted from Astropin:So...I've talked about this before..with little to no reaction.
Addressable markets:
Bitcoin has won the SoV (Store of Value) narrative. It's the hardest/soundest money in the cryptosphere (although still highly volatile). This much does not seem to be disputed.
"De-Fi Crypto" Ethereum, Solana, Cardano, Polkadot, Algorand....etc...etc...etc... are all competing with each other in the "smart contracts", "NFT's" "gaming" space.
I've heard over and over again (ad nauseaum) how Bitcoin is "old tech", slow, expensive, and not actually used for anything.
Really? Are so many missing the forest for the trees?
The total addressable market for a SoV is over 500T!!!!!!!!!!!! Estimates are that BTC could capture between 50-150T of that market. If you think that's nuts...I don't know what to tell you...DMR (do more research).
The total addressable market for smart contracts, NFT's and gaming combined is maybe 13T
So...not saying you can't make a lot of money in the "De-Fi" space...clearly its possible; it's also a lot riskier. The lions share (over time) is going to BTC, I don't see any way around that. There isn't another crypto even competing with it as a SoV.
So I’ll bite - I’ve seen your earlier posts about $100k BTC by Christmas, which you’ve since retracted (can’t remember your last goal for this - Q2 2022?) I’m super late to this game. Found my coin base account email from 2017 where I setup and never bought anything. UGH the pain. This is about as bad as selling my Netflix for $12 in 2011. So, I’m the worst at picking. Regardless, I’m here now. You seem to have a technical analysis focus - so what are your potential ups and downs for BTC over the next year? As compared to other crypto?
