[Omniscient]

https://www.coindesk.com/tech/2021/11/13...s-weekend/

Bitcoin gonna hit $250k in 2023. Taproot is part of the reason why. Segwit was huge and now Taproot is gonna add even more functionality to Bitcoin.

Pretty huge imho for Bitcoin.

[Spear_]

Do you think its ok buying more btc atm?

[Truth]

Yeah, I think lighting has to get huge for that kind of scale to happen. If fees average to $50 like BTC did in 2017 then I doubt it can reach $250k

With inflation tho, BTC is going up for sure

[Cap]

Do you think its ok buying more btc atm?

There really isn't a bad time to purchase BTC. I always recommend grabbing some when you can.

[SUI-3183372]

There really isn't a bad time to purchase BTC. I always recommend grabbing some when you can.

5% of my paycheck gets converted to BTC on the 2nd and the 16th of every month. This is what I recommend to all of my friends who are curious but large investments make them anxious, a percentage of your pay, whatever you're comfortable with, once or twice a month.

[Omniscient]

Yeah, I think lighting has to get huge for that kind of scale to happen. If fees average to $50 like BTC did in 2017 then I doubt it can reach $250k

With inflation tho, BTC is going up for sure

BTC has traditionally peaked in price when TXN fees are highest. A correlation between demand, value, and fees. A $250k BTC might actually mean $50 fees are normal.

[Cap]

5% of my paycheck gets converted to BTC on the 2nd and the 16th of every month. This is what I recommend to all of my friends who are curious but large investments make them anxious.

That's pretty much what I do. I have a set amount I purchase on a weekly basis automatically. Just trying to accumulate what I can.

[Dorrance]

I’ll keep holding for a few years

[Porn]

I think taproot will be a huge upgrade for bitcoin, although the problem is having exchanges/wallets support it. For example, it took blockchain.com 4-5 years to transition from legacy to segwit addresses, who knows how long it will take to support taproot?

[SIM-4274998]

BTC has traditionally peaked in price when TXN fees are highest.  A correlation between demand, value, and fees. A $250k BTC might actually mean $50 fees are normal.

people can always consolidate their inputs when the mempool is empty for free basically, BTC rn is 3 time the price it was in 2017 and the mempool has less than 2k tx, so even a transaction with close to nothing in fees will be confirmed in the next block, another x3 won't change that a lot imo, people no longer use BTC as payement system nowadays, they just see it as a long term investment so fees are only high for a short period of time when it's pumping hard.
50$ fee days will happen indeed but it wont be constant, right ?

[Avαlαr]

Is that $250k figure just an estimate by you, or based on some math?

[diesiel]

people can always consolidate their inputs when the mempool is empty for free basically, BTC rn is 3 time the price it was in 2017 and the mempool has less than 2k tx, so even a transaction with close to nothing in fees will be confirmed in the next block, another x3 won't change that a lot imo, people no longer use BTC as payement system nowadays, they just see it as a long term investment so fees are only high for a short period of time when it's pumping hard.
50$ fee days will happen indeed but it wont be constant, right ?

Higher adoption will mean higher fees on the main chain, but there's probably already going to be massive development done on L2 so it may not matter.

[Palestine]

https://www.coindesk.com/tech/2021/11/13...s-weekend/

Bitcoin gonna hit $250k in 2023.  Taproot is part of the reason why.  Segwit was huge and now Taproot is gonna add even more functionality to Bitcoin. 

Pretty huge imho for Bitcoin.

I was just talking about this to somebody literally JUST yesterday that it's definitely going to keep going up and going and easily reach the 100k mark in months. I honestly would dump all my savings into it (maybe not ALL but a good chunk, it's never good to keep all your eggs in 1 basket....) but i just bought a brand new house so I'm strapped for funds, cleared out my savings and even cashed out on some investments of mine to have just enough for everything (for the house, taxes, fees, house renovations/fixes before we moved in, etc.)- but I'm definitely going to keep an eye out on it along with few other crypto's in the near future so that when i can manage to scuff together some funds I'll be sure to invest into them before they keep going up! At the rate these coins are goin now i feel that they're bound to explode/skyrocket until or unless something happens or changes in terms of any new laws or regulations of the cryptocurrency's in the near future then hopefully they'll stay on track and literally reach high ass rates! Something tells me that there's gonna be some major changes related to CC's though, especially after all these rug pulls, pump'n'dumps, and straight up scams (e.g. Squid Coin made off with $3 million dollars using the success of the show from Netflix claiming it was affiliated with them and shit). So I'm NOT going to be surprised to see some new changes coming our way sadly.

Although i hope there isn't too many drastic changes or any shitty regulations/protocols in place that'll limit/slow the rise of the legit crypto's! The notorious Gamestop pump'n'dump really shed a lot of light and attention onto the CC market, and how easily it could be manipulated/controlled to benefit people short-term and to make off with a small fortune when getting in on it before the dump. Of course all the hedge funds were butthurt af and took a massive loss on Gamestop and will/are probably going to try doing everything in their powers to ensure that won't happen again to them lol. Even though that's what they've been doing themselves (the hedge funds/millionaires/billionaires) without the slightest care in the world about all the little people losing all their money but as soon as they so much as lose a little bit of their money they decide to bitch and cry..... Time shall tell how all this will play out especially with NFT's being involved now and all of the unregulated online crypto casino's that are making fortunes off of everybody losing their money. 

Still smack my head thinking about all the Bitcoins i mined back when it was first released and how much money i'd made had i stored/saved them lol i literally remember cashing out on some Bitcoins to order my family a nice big pizza dinner 😭😭😭 i'll never forget how excited and hype i was tellin them how i made "free money" and got all this banging ass pizza for "free" 😭😭😭 oh well, it is what it is 😆

DISCLAIMER: 
Spoiler (Click to View)I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. I’m a woman who believes and takes pride in a sense of freedom, satisfaction, fulfillment and empowerment that I get from being financially competent and being conscious managing my family’s money. The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

[Ninja.]

We are still in the early phase. The future is bright! The best advice for those with little capital is to invest an affordable amount peridically.

[Redwall]

Stock it up much as you can, long as you can