I wanted to create a video sharing some of the trends that I think we'll see in the Bitcoin & crypto world in 2021.
Let me know what you think, and which trends you expect to play out!
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▶️ 3Speak
Hi, excellent predictions, I think they are very accurate
Thank you sir!
Hello @louisthomas , as my mother said,I hope you have the voice of a prophet, but your predictions seem very sensible to me, but I agree with you and I hope that the coronavirus disappears once and for all, the confinement is not pleasant, sometimes I talk to the fridge ha ha ha, I'm not crazy but I already talked to all my friends :)
Haha!! Say hi to the fridge for me!
I'm going to explain so that you don't be afraid of me for being a crazy man :)
As the song says, I am a lonely man, when I open the fridge I lean over and say, what am I going to eat? The fridge is very cold and does not respond ha ha ha, I even gave him your regards and nothing, definitely not there nothing colder in this life than the fridge :)
A hug :)
This man does know what he's talking about.
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All of these predictions are super solid.
Personally I will go one step further as to predict that Bitcoin will eventually be x10 higher than it is today in Q4 2021. I also believe that Bitcoin dominance will drop to at least 33%.
This means that Bitcoin's market cap will be $5T, but the total market cap of the industry will spike to $15T. Once we hit $8T we can drink the sweet tears of gold bugs like Peter Schiff.
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That's towards the upper end of what I think is still possible/reasonable. I like it! Have a target market cap in mind for HIVE?
Predicting a market cap for Hive is like skipping a stone across the water and hoping it keeps going for as long as possible. Liquidity is razor thin and it's impossible to predict the pressure.
Originally in 2018 I was hoping we would hold the 80 cent support and eventually peak at x10 our previous all time high at $80 per coin. However, now that Hive has rebranded and suffered so many crippling defeats and returned to all time lows multiple times... I'd be pretty happy if we simply got back to previous all time highs.
An x100 is possible but not super likely considering this run is being fueled by strong-handed institutions that don't FOMO as easily and are much stronger-handed and risk averse. Considering morale on Hive is currently bottoming out at quite possibly the lowest I've ever seen, obviously everyone currently here would be super excited about a sustained x10. Personally I would prefer a more stable, less volatile pump, but crypto is anything but stable, thus the reliance on 'stable-coins'.
Final answer:
I think Hive will hit at least $3 per coin during the next Bitcoin peak. However, those gains might all come in at once right at the end, so investing in Hive might not be financially viable for another 6-9 months. Hive has a way of creating incredibly strong positive/negative feedback loops due to thin liquidity and the ability for stake-holders to control inflation.
I plan on making a huge play on Hive in late February. I think there will be blood in the streets once Bitcoin starts crashing and this might be the perfect time to capitalize on incoming airdrops coming to Hive including the 3speak token (theycallmedan) and possibly one by blocktrades.
Could you direct me to some resources about the blocktrades airdrop? What will it be in relation to?
I wouldn't worry about it just yet.
A lot of this stuff is rumors and speculation.
Thank you so much for such a great response :)
In addition to the five you mentioned that I fully agree with I'd like to add cross-chain bridges such as the cross-chain liquidity network Thorchain that were create to allow the trustless provision of liquidity with assets on other chains. What that means is, for example, that you can put your BTC to work as a collateral for lending of assets on other chains without trusting a third party.
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Great predictions, stable coins was interesting.
One thing I will predict is the rise of decentralized and monetizable communities in 2021. I think hive will be the best blockchain for that but Eth will have clunky communities too similar to what we've seen with Reddit's BRICKS and MOON.