Cryptocurrency market trends I

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Apollo

Apollo

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Dawo said:
I don't own any btc in my portfolio and i'll never own it because im still salty i didn't know about it back in 09/10/11

Im relying on the altcoins to give me a second chance

:mjcry::mjkkk:
Click to expand...

2013 was the year it broke out of obscurity into semi-public awareness.

'10, '11, '12 it was really really obscure.

I somehow still can't believe it got into the trillion dollar market cap range. It feels surreal.
 
kickz

kickz

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Dawo said:
I don't own any btc in my portfolio and i'll never own it because im still salty i didn't know about it back in 09/10/11

Im relying on the altcoins to give me a second chance

:mjcry::mjkkk:
Click to expand...

I only got in last year, now I am an unabashed Bitcoin Maxi :mjhaps:
 
Apollo

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kickz said:
I only got in last year, now I am an unabashed Bitcoin Maxi :mjhaps:
Click to expand...

Bitcoin Maxis are kind of delusional. Listen to this podcast (for the comedic value alone):


They think it is going to 300,000 this year and to 1 million in 2022.

The hopium, LOL. I think it will go max 150K in 2021 and high chance next crypto cycle (2025 bubble) BTC gets overtaken by a yet to be known competitor.
 
ا

المهندس

Apollo said:
2013 was the year it broke out of obscurity into semi-public awareness.

'10, '11, '12 it was really really obscure.

I somehow still can't believe it got into the trillion dollar market cap range. It feels surreal.
Click to expand...

To know about it when it was obscure im guessing one would have to be in deep internet forums or have knowledge about the dark web.

i think around 2011-2013 some guy started a dark web market place called silk road, BTC was used as payment for the market.

Imagine all the users of that marketplace and how much they're worth now.
 
Apollo

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coinmarketcap.com

Historical Snapshot - 14 January 2018 | CoinMarketCap

Go back in time. View a historical snapshot of all active cryptocurrencies on 14 January 2018.
coinmarketcap.com coinmarketcap.com

Ethereum came close to 60% of BTC's market cap at the alt peak.

I think this cycle one alt will get to 80% of BTC's market cap.

2025 likely a market cap flip will happen.

ea6041826c909a55fed4d1fb2b664e9f.jpg
 
elite1337

elite1337

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Apollo said:
2013 was the year it broke out of obscurity into semi-public awareness.

'10, '11, '12 it was really really obscure.

I somehow still can't believe it got into the trillion dollar market cap range. It feels surreal.
Click to expand...
i remember all the "BUY BITCOIN" scam looking emails i used to get back in the days :ftw9nwa:
 
kickz

kickz

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Apollo said:
Bitcoin Maxis are kind of delusional. Listen to this podcast (for the comedic value alone):


They think it is going to 300,000 this year and to 1 million in 2022.

The hopium, LOL. I think it will go max 150K in 2021 and high chance next crypto cycle (2025 bubble) BTC gets overtaken by a yet to be known competitor.
Click to expand...

We shall see, definitely by end of this month will be a big signal if it can crack 100k+
 
Apollo

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kickz said:
We shall see, definitely by end of this month will be a big signal if it can crack 100k+
Click to expand...

The conservative nature of BTC is what I think will be its demise. The BTC dev team don't want to add anything to it besides simply sending and receiving. No fancy DeFi or other capabilities. The block size of the BTC blockchain was also kept very small to promote decentralization of nodes, but this results in high fees.

I bought a couple of BCH and one BSV for the lulz (at very low prices before this bubble) just in case they take over (low low chance). The guy who owns bitcoin.com is a BCH fan (Roger Ver) and they now also got Kim Dotcom (that fat mega upload entrepreneur) on the BCH team.
 
kickz

kickz

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Apollo said:
The conservative nature of BTC is what I think will be its demise. The BTC dev team don't want to add anything to it besides simply sending and receiving. No fancy DeFi or other capabilities. The block size of the BTC blockchain was also kept very small to promote decentralization of nodes, but this results in high fees.

I bought a couple of BCH and one BSV for the lulz (at very low prices before this bubble) just in case they take over (low low chance). The guy who owns bitcoin.com is a BCH fan (Roger Ver) and they now also got Kim Dotcom (that fat mega upload entrepreneur) on the BCH team.
Click to expand...

Their value is more in just being a store of value, than any really utility like some of the altcoins have. Add to that being the market leader/the face of Crypto, its gonna be difficult to unseat
 
Apollo

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kickz said:
Their value is more in just being a store of value, than any really utility like some of the altcoins have. Add to that being the market leader/the face of Crypto, its gonna be difficult to unseat
Click to expand...

For me those two bitcoin alts are a hedge as they may carry on the bitcoin brand. I am not certain how long the store of value thing can play out without good payment methods (liquid network keeps being postponed). I don't recommend getting these two alts as they have a poor performance vs BTC and other alts. Just a moon shot hedge.
 
kickz

kickz

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This market is insane right now, even a meme coin like Doge is about to enter top 10 of coins purely through Twitter zeitgeist hype :lolbron:

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cawaale

cawaale

Welcome me to the crypto world guys I’ve finally bit the bullet. If I’m buying crypto I can guarantee everyone on the fence will too.

This guy at my workplace received 3 EGLD for free yesterday, what are airdrops and how can I get free crypto.

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