You are viewing a single comment's thread from:

RE: Bitcoin Dominance has Peaked: Altmarket Begins

in LeoFinance3 months ago

Well even if I fumble, I’ve always fumbled by hodling too long and only my third cycle I’ll still be way up taking profits after we start crashing.

Do you think it’ll be harder to pick projects that can best bitcoin this time? I assume this time will be a more muted version of what we have seen before. Less projects that skyrocket, smaller % gains on btc, and a much tamer bear market.

What exciting things are happening on hive? From my limited perspective it kinda feels like Leo is carrying things, but I’m already in a Leo bubble at this point

Sort:  

What exciting things are happening on hive?

Hive's biggest problems are liquidity and smart contracts.
We should have a solution soon.
We are going to have decentralized wrapped Bitcoin on chain that we can move around for $0 fee.
On top of LPs paired to this wrapped Bitcoin (BTC/HIVE BTC/HBD).

At a certain point simply being able to provide $0 fees is going to be huge as well.
People looking at Solana right now like "wow so cool only a couple cents for fees"
Yeah well what happens when it goes x1000 and now the fee is $20 and the network is constantly collapsing? Simply not scalable in the current form no matter how low the fee is today.

Less projects that skyrocket, smaller % gains on btc, and a much tamer bear market.

Strong disagree on that front.

This run is going to be stronger than 2021 in every way.
The diminishing returns theory is based on zero evidence.
This is something I discussed just recently.
The comparison to 2021 is going to trick most people into selling early.