Are there any events that could encourage flocking to crypto?

>>2491142
I think it's doing fine with the current state of the world.

There is only increasing demand from here on.

This boom will last for another 20 years.

A few of the cryptos will grow to become as big as national currencies.

The biggest will become the global reserve currency.

Bitcoin or ETH are the front runners currently.

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>>2491176
ETH as a storage of wealth

if this picks up serious steam, i see a huge market demand for network and power redundancy. are there any other points of failure that i'm missing?

2-3 years maximum...
Then it's mainstream

>>2491142
>>market crashes
The Chinese stock market has been in a recession and is likely the cause of this cycle of BTC growth. Usually gold goes up when they are down. This time it didn't. Wonder where they put that money?

>>2491640
Crypto doesnt have the market cap to absorb even 1/100th of the value leaving the chinese stockmarket you fedora toting nigger

>>2491186
All it takes is one successful attempt by a state/non-state entity to abolish BTC as a viable means of exchange.

Enjoy having all that value wiped off the map

>>2491663
this anon is actually right

pointing out just one cause of BTC growth as the main cause is plain retarded anyway

>>2491680
Imagine if the U.S. Goverment declared it a felony to possess crypto and gave everyone 1 month to liquidate it or else. Youll still be able to use it, but the price of it would make it no longer worth fucking with.

>>2491176
>This boom will last for another 20 years.

>A few of the cryptos will grow to become as big as national currencies.

>The biggest will become the global reserve currency.

This level of hysteria is how you can tell it's going to crash soon.

so it's probably a bad idea to slowly add a little bit each week and hold for years?

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>>2491913
>This level of hysteria is how you can tell it's going to crash soon.

>>2491176
This anon gets it.

>>2491913
Even a 50% correction this year wouldn't be a crash. Deloitte estimates that at least 10% of the world's GDP will be stored on blockchains by 2025.

>>2491913
Cryptographically secure currency with a public ledger is not to be laughed at. Most of the current fiat currencies we use are well past their life expectancy and could very well lead to total economic collapse if they are kept in use for much longer.

Governments and banks know it's not sustainable and it's why they're looking into augmenting the monetary system with the use of blockchains.

>>2491680
You mean like how russia already did? Any state that becomes hostile to crypto will fall on its sword just like the jewsa is doing now.

>>2491818
You could always move away, pay the taxes or continue trading it.

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>>2491640
>>2491663

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>>2492405

>>2492405
Bitcoin is a hedge against corruption.

>>2491913
stocks are in a bubble
real estate is in a bubble
interest rates are non existent
inflation is insane

economic collapse which happens on average every 7 yrs has not happened in almost 9 yrs

where are people going to put their money? HMMM