Tis the season.
We get all the forecasts. It is fun to engage in the mental exercise and, who knows, perhaps some of this stuff does happen.
Here come the calls for $250K Bitcoin in 2023. What would this mean for Hive?
In this video I discuss this along with contrasting the difference between the two.
▶️ 3Speak
If Bitcoin reaches $250K hive will be around $10 per coin
I think it will
But 2023 no way! I wish 😂
Why not $500 000 USD? Hahaha.
Some people like to throw big numbers.
They said that the Bitcoin (BTC) will reach $100 000 USD in 2022. And everyone can see the reality. It fell below $20 000 USD. Actually it is still below $20 000 USD. Currently it is $16 731.06 USD.
There is a much higher chance that Bitcoin (BTC) will reach (fall to) $10 000 USD than it will reach (rise up to) $250 000 USD.
Should it mean anything? Why the Hive price cannot be independent from Bitcoin (BTC)? It offers a much better network than the Bitcoin (BTC). People only have to discover it.
Happy New Year.
Have a nice day. All the best. Greetings and much love from Hungary.
Tim Draper's prediction is definitely wild but, from my experience with crypto, it's not impossible. Still, it's very unlikely. Hive is different though. I like the fact that there is obvious value despite what the markets say. Honestly, I hope hive does not just do a quick 10x because that type of growth doesn't last. The gradual building of value is a reason I am still here. Eventually, people will notice what is being built here and it will be huge. It's going to take time but I don't mind.
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Hence the saying of Michael Saylor there's no second best is kind of dumb. I was planning to write a post on why "Hive is better than Bitcoin" and this post reminded me I should do that soon.
Remember when people said BTC would go through the roof due to Russia invading Ukraine and needing to avoid sanctioned financial systems? Seems instead they are more likely to persuade countries to pay in gold driving up gold value :/
you are very correct about bitcoin not really having a use case. I think that we have a better long term oppurtunity with hive because of the use cases. thanks for your video