We have driverless cars, Bitcoin just hit $100k, and LLMs are undoubtedly taking over jobs. Hyping something that never materializes is one thing, but these are not that.
Those same people say it will hit 200k inevitably. I think all their reasoning is wrong, but yet they have been right. Curious what HN's opinons are.
There's no way to predict the price. Everyone who's claiming to make a prediction is just guessing.
There are a number of influential people who are heavily invested in crypto, and so long as they have the ability to keep money funneling other people's money into it, prices will continue to increase. So I think the safest guess to make is that it prices will continue to rise for a least the next few years.