Time for another crypto question (#AskLeo) with LeoFinance.
As you can see in the chart below, for the most part, Bitcoin investors have had a bumpy ride in the last ten years. In my personal view, it will be a less bumpy Bitcoin ride for the next ten years to come.
Bitcoin is in no danger - it has network effects. But digital gold and decentralisation is too important to humanity.
Some of you have been through at least one crypto bear market. Hopefully, your experience has taught you why it's important to think long-term with Crypto. It's so easy to say this but in reality, it's not easy to control our short-term thinking.
I can write a post without mentioning Hive. I feel Hive is negatively correlated with Bitcoin, so Hive is a good hedge against Bitcoin for the next bear market.
Would love to know your answer.
All investment strategies involve the risk of loss. Nothing contained in this post should be construed as investment advice.
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I believe Bitcoin can reach $1 million before 2030.
Just imagine the price of Hive when Bitcoin hit $1 million.
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HIVE will outperform Bitcoin, way better world use case during these times of crisis.
I don't think the prices matter as long as there is use case and you are in it for the long term.
The prices fluctuates in the markets it has always been that way no matter what the asset.
Dig in build and get ready @nathanmars
Great post my friend :)
Now:
Later:
If this proposition of a fully digital money controlled by no one were immediately accepted by all, then this would cease to be a revolution!
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@nathanmars
Yeah true, well i think we are basically there, i have Zoom.
It is the coin that powers the Coinzoom ecosystem.
It has a Visa Debit Card.
You earn and save for using it and you can use multiple cryptos.
You just tell your phone what crypto your using and it uses that as long as the vendor accepts it.
But you can hold USD also and now i am seeing other similar cards in other crypto wallets.
Would be awesome to have something like that for Hive decentralized in someway not Visa necessarily.
Thanks for letting me know about $ZOOM and I will look into it :)
Because anyone can earn/mine Hive, $HBD has the potential of becoming the currency for everyday use
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No problem @nathanmars i have a link if you decide to go for it.
Just let me know on Telegram same username
We will both get Zoom and i will send you some as a gift.😎
Absolutely it would be awesome and i think it is totally possible just not sure how?
We need nerds looking into it 😂
Telegram - @nathanmars7
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I think HIVE is strong enough to determine its own course, so it should be evaluated differently from Bitcoin. Bitcoin will continue to fluctuate until it reaches its true value. As Bitcoin fluctuates, altcoins will continue to follow it for a while. I think that the extreme fluctuations will end after 2-3 years. Until then, I believe that short-term investments in the crypto market are no different from gambling. In other words, I think that long-term investments will be more profitable until then.
I also believe that Bitcoin could reach $1 million by 2025.
I also believe HIVE could reach as high as $100 in the future.
It is not investment advice!
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I would love to witness that :)
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There will be a revolution with WEB 3. If we can get a lot of people to hear about HIVE, we'll see it reach $100.
Always have to think long - remove all emotion and ignore the FUD. Just like our everyday lives, it's a cyclical beast. What goes up, must come down, but like a good theme park, you're bound to get whipped back into the sky at some point.
It's not easy for most retail investors!
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Right Nathan..
Ibam excited for hive price when btc will be 1million then hive can easily be at @ 100$
Who would not want a $100 Hive!!
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The demand is actually rising, and I guess whoever can pick up now will be fortunate enough to see the price almost tripled in 4 years' time. I think $150K by 2025 and $500K by 2030.
i think the USD and all FIAT's could well be dust by 2030, if nit 2025. We the people just need to organise ourselves better. And there is a particular way we can organise.
Sat Nam
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Me: $150K by 2025 and $1 million by 2030.
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2025 will be next Level NutZ, maybe we‘ll see an ATH close to 7 digits in that year.
Imagine double digits Hive!
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I imagine, and I like it 👨🏻💻
In three years time we might be seeing around 300-400k and mostly probably a million by 2030.
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Before 2030? Well I believe if we keep seeing the kind of adoption we saw, especially that of 2020 when the pandemic hit, I believe one million dollars is possible. Hopefully hive 100$ by then hahah
Me personally happy with $50 Hive by 2030!
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Me too, I was just trying to daydream with the $100 hahaha
We just hope for a better price in the coming years.
If we learn to think in years, we can do extremely well with crypto!
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That's absolutely true.
gotta buy btc if it goes down a little bit more 🤣 keep your eyes open any minute would be devastating 😅
It's hard to predict the bottom of Bitcoin in this bull market!
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can you enlighten me on if it's a bull market or a bear market? 😊
I wish I could enlighten you! lol
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Hmmm, well I don't think so.
I think the higher it can go is to $500K.
$500K Bitcoin has a much higher probability for sure!
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Good idea! Especially when you consider that Hive can bring a percentage to savings in the form of upvotes, savings and the like. And the correlation is really weak.
I remember during the last Bitcoin bear market, Steem performed really well and I expect the same this time around with Hive.
Also last month, Satoshi value of Hive increased much more than Hive's USD value.
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It's possible it could reach $1mil in 2025...especially if a lot more companies and businesses start adopting and accepting it for payments.
It feels like crypo has made the mainstream and is marketed now. I went to crypto.com and seeing Matt Daemon basically say you have to buy crypto to be adventurous made me go wow! I think 1 million will happen by 2025.
Optimistic Bitcoin prediction!!
Ps. Matt Daemon is a legend!
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You are so right! I have followed his career from the beginning and liked almost everything he has done. A bold move for him in crypto that will pay off!
If I am to predict Bitcoin to reach $1mili by 2030 I will say it's not possible and at the same time it could be possible.the reason is that Bitcoin or cryptos generally are never stable and this could be a hindrance,but if it's rising slowly and steady it could hit $1milli.so instability is a serious factor here.
One Bitcoin is always equal to one Bitcoin and there will be no more than 21 million of them. More than 40% USD printed in the last year alone and fiat inflation killing so many people's wealth. So I can argue Bitcoin is stable than USD.
I'm confident more and more people use deflationary Bitcoin than inflating Fiat to store wealth regardless its volatility.
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My answer to this question might be not welcomed, but within my eyes bitcoin doesn't have any real usecases at all. I'm not saying it hit it's ATH yet and the way is only going downward, i guess it 'll have new ATH(s), because speculation is driving its price. But i guess within 9 years BTC dethronement will take place and it 'll hurt. I doubt it 'll have real value in 2030...
Bitcoin is the digital gold where people can store their value and that's a strong use case for many people around the world.
Let's see what 2025 and 2030 mean for Bitcoin.
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Well you are right storing value is a usecase, however holding BTC is more like speculation on its upcoming price. Therefor its more like gambling than storing value. We ‘ll see whats ahead of us.
I always invest with long term prospects.....and be it bitcoin or Hive I have expected them.grow and they actually did....bear market is always a short term things....a hiccups that may shake but never damages.
Me too always trying to invest with long-term prospects and this helps me see my own life with Macro lenses.
Our past crypto experiences have taught us very valuable lessons!
I don't think Bitcoin will reach $1m but close to $250k is more what im looking foward to, but at the same time i will be happy to be wrong.
Well with this recent development I am keeping my options open!
Demand for Bitcoin will just keep rising in the coming years and we could possibly see a few fiat currencies collapsing. So I will say Yes to $1 Million dollar Bitcoin by 2030!
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I honestly don’t ever see it hitting one million dollars ever. My opinion it will hit 250K in 3-5 years. It might hit 500K by 2030. Just my opinion.
I think btc can hit $200,000.
I will be thinking too far if it hits 1 million dollars
I definitely believe that it can reach that in 2030 that’s roughly less than 2,000%. Bitcoin has done far more than that in 10 years without this popularity
I think 1 million is a bit too far out of reach for now. If I had to say an answer, I would say BTC would hit around 250k to 375k as the highest.
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HODL and buy the dips!
It is obvious that it will be over $200.000 (Not A Financial Advice)
Hopefully, if your wish comes true then its future will be much brighter, not just for the platform.
All of us who are working on this platform will have a bright future. I tell you in my heart that your words come true
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