The Great Thumbsuck

in LeoFinance4 years ago

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Over the last few days a price prediction for Bitcoin and Ethereum has been trending on many crypto sites. The person involved works for ARK investments and I think it is nothing out of the ordinary with what they are predicting.

The thumbsuck or price prediction for Bitcoin reaching $1 million and Ethereum reaching $180K. This would mean the market cap would be in excess of $20 trillion by then which is only a 12 x from where we currently sit today.

I think just being involved in crypto is reassuring when you see these types of predictions even though they are meaningless. We all know the prices are going up over the next 10 years and that is what really counts.

There is so much development still to take place as DeFi has showed how the landscape can change in just a very short period of time. Obviously everyone is biased and leans towards the projects they are involved with whether through investment or Proof of Work or perhaps both.

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Maybe Taskmaster has some secret powers in his glasses but who is to say he is wrong on this one. Even if he is 50% out we would all be extremely happy.

Taskmaster came out with his own thumbsuck the other day saying Leo could hit $200 and if the planets line up and we continue in the same way who is to say he is nuts. Personally I would be happy if we achieved 50% of what people have been predicting as that would make everyone on here extremely wealthy and financially free. I am bullish on the entire Hive eco system and don't see why this place cannot be worth a fortune in the coming years. One must just remind ourselves we have been here less than 2 years and look at what has been accomplished already. Multiply that time by 5 x and then what will we have to offer the crypto space?

One thing I think we can all agree upon is that crypto prices have a long way to go still and staying involved all the way is the smart way to act now. Whatever the prices may be in the future they will be more than they are now as we are only just at the beginning. Some of us already have decent $$$ values behind our stakes and investments and expect a hell of a lot more $$$ to appear over the next 10 years.

Place like Hive and the various communities still need loads of development and community involvement to create the home for those that still have to find us. This kind of reminds me of that film with Kevin Costner "Field of Dreams" where the saying was "build it and they will come." Hive is built and being developed and they will surely come whenever that might be as this is just too good to not succeed.

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Oh wow, I didn't see that post. $200 seems so nuts right now, but then when you really start to think about it and everything that is on the way, it makes a lot of sense. I am with you. I would be okay with half of that!

50% would make us insanely wealthy so yes even 25% as beggars cannot be choosers lol.

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No doubt! Bring it on!

No doubt hive is still a work in progress. The success recorded so far since it’s inception tells a lot about the prospects this decentralized platform has in the nearest future.

The value that is going to be created in all of this is going to be absurd. People do not realize how many hundreds of trillions of dollars are going to end up cryptocurrency. Those with tightly held floats are going to do sensational.

LEO has about 10 million tokens and more than half are staked on-chain. The Proof of Brain incentivizes people to keep a percentage of the float off market. That is the amazing thing.

As for Woods, their track record at Ark is starting to shape up. They are getting crushed because tech is down. However, their approach to analysis is so un Wall Street. I wouldnt bet against their predictions.

I have both ETH and BTC, continuing to HODL. I hope she is right.

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For me it's no longer a question of if, but when. There are too many reasons why this blockchain is flat out better than every other blockchain in existence. And the development continues at an amazing pace. Once HAF is released, it will become about as user-friendly to developers as they can make it and that will only continue to open the floodgates to new applications and uses for Hive.

Prices are down. Keeping filling your bags everyone. There will come a day when we all regret not getting more at these levels.

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