So I’m supposed to believe that bitcoin is doomed because it’s environmentally unfriendly, the price is falling, and that there’s hundreds of competitors? These are all things bitcoin have faced before, and will continue to face.
Insert: coal
Takes time for the status quo to adopt and learn.
That being said I don’t think that it’s going to be a bear market for btc, I don’t foresee BTC being big in 10 years, but 10 years is far from now…