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Posted on 4/28/21 at 9:37 am to Honest Tune
so we really need BTC to get above this line and bounce off of it to fuel the next run
Posted on 4/28/21 at 9:41 am to lsu777
Realistically, how high do you see the bounce taking BTC over the next year or two?
Posted on 4/28/21 at 9:45 am to Honest Tune
quote:
how high do you see the bounce taking BTC over the next year or two?
frick i would be guess on that time frame, i do think by september we are closing in on 100k but i also think we see a major pull back late this year and we stay bearish for a year or two, maybe even 3 if history is correcy. After that, the next bull run will bring it to the 250k area.
but that is assuming historical trends hold true for this bull run and nobody is sure that is will. with the amount of instutional money coming in, there may not be an end to the bull run for a long long time.
but theoritcally i think price point of 250k by 2025 is realistic.
Posted on 4/28/21 at 9:54 am to lsu777
quote:
price point of 250k by 2025 is realistic.
Mother of God.
Posted on 4/28/21 at 10:00 am to Honest Tune
quote:
Mother of God.
that is really based on each bull cycle pushing the price to 3x to 4x what the previous all time high was. It may end up being a conservative estimate by the time this bull run is over.
Most of the leaked documents out of the institutions are predicting a minimum of 250k by 2030 while being overly conservative.
Posted on 4/28/21 at 10:40 am to lsu777
I know you aren’t a DOGE guy based on some posts in here, but where do you see that going? Musk and Cuban have been ringing that bell a lot of late. I hold about 10,500 DOGE on RH and they recently indicated they were working on a way to allow investors to transfer DOGE.
Posted on 4/28/21 at 10:42 am to Honest Tune
It's a shitmemecoin
No one in here can tell you where it's going because it's all backed on shilling with no solid foundation behind it
No one in here can tell you where it's going because it's all backed on shilling with no solid foundation behind it
This post was edited on 4/28/21 at 10:43 am
Posted on 4/28/21 at 10:53 am to bluebarracuda
It gets more legitimate as more places allow it to be used as currency though, right?
Posted on 4/28/21 at 10:57 am to lsu777
quote:I'm terribly disappointed if we are at $250,000 in 2025
but theoritcally i think price point of 250k by 2025 is realistic.
Posted on 4/28/21 at 10:58 am to Honest Tune
quote:As long as ~50% of the supply is controlled by a dozen people, it will be at the mercy of whatever those whales want to do happen with it.
It gets more legitimate as more places allow it to be used as currency though, right?
Posted on 4/28/21 at 11:01 am to TigerTatorTots
Musk knows it's a joke and too concentrated. Not too sure what Cubans actual take on it is.
Posted on 4/28/21 at 11:08 am to 21JumpStreet
there was an article in decrypt.co
Mark Cuban Dogecoin Growth Limited by Robinhood's Withdrawal Policy
I think it mentions that he uses bitpay which accepts a few different crytpos as payment, but that people were actually using doge to make purchases and was one reason for adoption. Kind of leads to the possibility if he used another crypto pay options if it would open up even more cryptos as transaction currencies.
Mark Cuban Dogecoin Growth Limited by Robinhood's Withdrawal Policy
I think it mentions that he uses bitpay which accepts a few different crytpos as payment, but that people were actually using doge to make purchases and was one reason for adoption. Kind of leads to the possibility if he used another crypto pay options if it would open up even more cryptos as transaction currencies.
Posted on 4/28/21 at 11:12 am to 21JumpStreet
cuban has to shill doge because he accepts payments in it on bitpay lol
Posted on 4/28/21 at 11:14 am to civilag08
So pretty much he just thinks it's cool/fun to pay with doge vs any other crypto
Posted on 4/28/21 at 11:19 am to 21JumpStreet
I'm not sure. he compared bitcoin to bananas just a few years ago and then changed his mind earlier this year.
but if doge tanks that doesn't help his bottom line. pretty sure he said that's the crypto people have used the most to purchase mavs gear/tickets
but if doge tanks that doesn't help his bottom line. pretty sure he said that's the crypto people have used the most to purchase mavs gear/tickets
Posted on 4/28/21 at 11:25 am to Honest Tune
It's controlled by whales, has unlimited supply, and is controlled by social media more than any other coin so very hard to say.
I hate doge because there is no real use case for it, yet because of a beautiful social media team it out performs other coins.
I love people making money on it though
Overall my best guess it eventually hits that 75 cent range by end of bull run before collapsing again.
I hate doge because there is no real use case for it, yet because of a beautiful social media team it out performs other coins.
I love people making money on it though
Overall my best guess it eventually hits that 75 cent range by end of bull run before collapsing again.
Posted on 4/28/21 at 11:26 am to rocket31
Yea he seems to be all over the place with it. I think he also said ethereum is the closest thing to an actual currency
Posted on 4/28/21 at 11:26 am to TigerTatorTots
quote:
I'm terribly disappointed if we are at $250,000 in 2025
You shouldn't because that would mean next bull run in 2030 range would put it in the million dollar category.
Posted on 4/28/21 at 11:56 am to lsu777
I’m thinking the bull run is showing softening at the current moment.
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