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RE: Raoul Pal: Price Targets

in LeoFinance4 years ago

From what I recall most predictions for 2017 were way off. I won't put much emphasis on these ones either. The higher we move, the more I'll probably move towards more stable assets.

I don't have any predictions for the price of Hive either. Hive has never been through a bear market, but 2022 is rich with major releases and partnerships for Hive. If the bull market extends through the end of Q1 2022, the price of Hive will probably have time to reach some incredible levels compared to today. But the bear market will inevitably hit, and probably hard. During bear market great news won't matter anymore, unfortunately. The good part is that now Hive its own protection mechanisms at the first layer, that should work without removing funds from the ecosystem (conversion from Hive to HBD and interest on HBD in savings). Something Steem didn't have in the previous bear market.

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