I maintain that its good for many reasons to own some BTC at any price
I still think its quite possible we will see 40K year end - 100K in 3 years and - yes 1m is of course theoretically possible (though I would not try to put a time estimate on this)
The problem with prefacing things with the word 'possible' is that it then makes it a meaningless statement where if in the end the 'possible' outcome never eventuates the owner claims 'i never said it WOULD happen'. You might aswell stick with your 'bitcoin possibly to 1M' because it's equally as pointless as 'possibly 40k', 'possibly 100k'.
It's possible the price of oil will be up 20% by the end of the year.
It's possible the USD will crash 10% before June.
Both of those things i leave myself an escape route if i am wrong because i have NFI if i am right or wrong. It's just a guess.
I'll give you credit that at least you put skin in the game a while back in investing in bitcoin. It's more than most people did. But as said before, the entire basis on why you invested in bitcoin to begin with has not taken place. It was just hype which you acknowledged in the end a few pages ago.
One of the very BIG things yourself and the bitcoin ilk were adamant about was that it couldn't be banned or restricted because it was decentralised....... the opposite side argued TPTB will do whatever they want in order to have control of the end game whether it's banning, restricting, regulating, crashing the market etc.
Korea just banned them and the result was bitcoin crashed 45% and the other altcoins got smacked down much harder.
Remember the 'lessons learned' i mentioned to you?
Your and other's lesson here is that yes they can be banned. Yes they can be manipulated by TPTB. Yes it is bloody quick and it's bloody brutal.
Now, head back to step 1 where you start with your rationale for why you invested and encourage others to invest in bitcoin. Ask yourself, whether that lesson learned have any impact your argument of bitcoin becoming a claimed 'global currency' and 'digital gold' ?