BTC $500k, ETH $42k, ChainLink $1,400

[destriero]

sorry , but why apply metcalfe's Law is stupid , I did not get it
thanks

Because there is revenue associated with each node. IOW it's not zero sum.

 

[yc47ib]

its been many years ... i used to trade spreads & bonds and help people here ... 8yrs ago i started ...

in just over 2 yrs i was able to retire in Crypto . and the party is only just getting started. i went all in when I first joined, Q4 of 2018 . they declared Bitcoin & Crypto to be dead , and i walked into a bear market, aka the easiest opportunity of a life time .

and its still easy right now . you need the right toolset & vision .. see below.

i post my stuff a free twitter if you want to take advantage of your Bitcoin & Ethereum and multiply them ;

Twitter Link:
www.twitter.com/yourfriendsommi




its no secret that crypto is the fastest growing asset class in the world and will continue

some cool facts for the new person;

1. There is an EXTREME amount of edge in investing in crypto . nobody knows how to value things properly. its because of Metcalfes law.
Price = number of users SQUARED , for adoption

i.e. if you increase users by 4x, you get 16x price increase .. this blows peoples faces off

use a LOG chart (right click price axis, put Logarithmic) on trading view


2. there are 140M users worldwide. its growing 2x the speed of internet adoption. we will get to 1 billion users by 2024 . this means 8x more people, 64x price increase. this puts the market cap (a bogus metric) of roughly $100 trillion for Crypto, by 2024/2025

3. my bitcoin forecast this cycle:
between $400k to $500k top tick

my ethereum top tick forecast (due to deflation and EIP-1559 burn + ETH 2.0 sharding + The Merge) = $42k to $55k

my chainlink top tick price prediction: $1,100 to $1,400



4. if you are very new to crypto and you have a tiny portfolio (anything under $100,000 USD) i would recommend my DeFi Bluechips ... has 50x to 100x potential and safe. Must have diamond hands ; these are NO Brainers (read my twitter on them)


1. ChainLink (LINK)
2. Uniswap (UNI)
3. Aave (AAVE)
4. Compound (COMP)
5. Maker (MKR)
6. Yearn (YFI)
7. Synthetix (SNX)

note: for more information please go to www.twitter.com and search this in the bar:

100x (from:yourfriendsommi)

> you will be taken to a few posts where i show the 100x portfolio (it has 5 of these, use the 7 mentioned) . we're in the later part of the "Risk On Cycle" for crypto.

> Split your money 7 ways, put it in each of them (can buy on Binance, CoinBase, etc.)


finally & MOST important

you base currency of life should be Bitcoin, or Ethereum, or both . i do believe ETH/BTC ratio (currently 0.07) will get to 0.30 to 0.50 one day .

if your total portfolio is worth 0.2 Bitcoin ($9,000) then your goal should be to split it up and allocate across crypto and get back MORE bitcoin in the future .. all explained on my twitter

there is Bitcoin you should NEVER EVER sell, same as crypto. converting back to USDC (fiat) is a losers game. you lose to inflation. Bitcoin is hard money, Ethereum is wildly harder . it doesnt matter , just stay in scarce assets . becareful of the fiat trash pile, its a regret.

good luck friends , feel free to ask questions . i share knowledge & help when i can. just remember you should already be balls deep in crypto right now. theres no excuse , its the only place youre able to take $50k and turn it into $1.0M in the next 30 months

This post might be the sign of the intermediate top of this cycle......LOL

 

[DallasCowboysFan]

This post might be the sign of the intermediate top of this cycle......LOL

I can visualize him ( or someone else) selling CD's on late night tv explaining how you too can become a bitcoin billionaire. And at the proper cue, you will see a yacht slowly sailing past him in the background, with attractive yacht girls lounging on the deck.......lol

 

[SPX Options Trader]

I can visualize
attractive yacht girls lounging

I was once young, and Dumb, and None the wiser ...those tacky infomercials of wealth and success truly works. To Hook and Bait you into buying.

Modern day equivalents are all of the ton of social media personalities producing clickbait content left and right. And they get rich conning everyone else.

But, of course, the Only person getting rich in the end...is that charismatic charlatan on screen.

 

[cesfx]

I was once young, and Dumb, and None the wiser ...those tacky infomercials of wealth and success truly works. To Hook and Bait you into buying.

Modern day equivalents are all of the ton of social media personalities producing clickbait content left and right. And they get rich conning everyone else.

But, of course, the Only person getting rich in the end...is that charismatic charlatan on screen.

You are funny lol
Those tacky lambo videos only work on idiots.

 

[colinlewis]

Most crypto lot will hold the 7 coins mentioned. each of them are all looking to jump into 1 100x coin and thats the problem.. Crypto is is the least safe asset/money as It can just drop to 0 at any time

 

[jocrape]

I've only ever heard Governments, like the US, denigrating Bitcoin and warning people off it.

Most Governments don't want their citizens saving money, hence near zero interest rates. They want people to go out and spend, spend, spend to prop up the economy.

They don't mind people putting money into the stock market but I would have thought the last thing they'd want is people piling their cash into Bitcoin.

But don’t you think that the concept of Bitcoin is still much younger than stocks? The value of Bitcoin is not stable yet and there might be many repercussions later that need to be looked for before the government makes such big decisions. Only time can say whether the government's attitude about Bitcoin will ever change, I believe it will.

 

[Ed48]

But don’t you think that the concept of Bitcoin is still much younger than stocks? The value of Bitcoin is not stable yet and there might be many repercussions later that need to be looked for before the government makes such big decisions. Only time can say whether the government's attitude about Bitcoin will ever change, I believe it will.

Bitcoin's use appears to be primarily speculative or as a store of value like Gold.

I can't see the US Government ever being happy about more and more of its citizens pumping dollars in to it. Those are dollars that could otherwise go somewhere which actually benefits the US economy. The same argument applies to people buying Gold.

 

[jocrape]

Bitcoin's use appears to be primarily speculative or as a store of value like Gold.

I can't see the US Government ever being happy about more and more of its citizens pumping dollars in to it. Those are dollars that could otherwise go somewhere which actually benefits the US economy. The same argument applies to people buying Gold.

I see what you are saying. The US government has been highly resistant towards bitcoin and considers it as “extremely efficient”. The one reason put forward is the amount of energy that’s consumed in the process of bitcoin transactions. Don’t we agree that it is indeed a big problem? We don’t want a payment method at the cost of the environment. Do we? I am not at all against Bitcoin but I think we only see it as something that can give us financial security but the government is bound to think beyond that. Maybe that’s stopping them but I am hopeful because I think some sustainable method will be sorted out to solve this problem and the government will have no other way than to accept it.

 

[s0mmi]

Please enlighten me if tether is a fud, why crypto daily volume is 70% in tethers, and they are backed by nothing. Cross selling/buying happens all the time to pump the price.

remove tethers, and this house of cards will collapse.

and of course congrats to all who bought before current insanity. Job well done, luck was on your side!!!!!

You got to understand bro.. the Tether fud is very recycled and used to scare new people. I used to be a Tether Fudster too, back in 2019 I thought Tether was going to send us all to zero. Then I did proper research and discovered Simon Dixon + Max Keiser are early investors in them and they answered "subtle" questions on stream once saying that Tether Fud is not justified etc. etc. Coming from guys who own more than 10,000 BTC each... it packs some weight

But evn if you didnt believe Max Keiser + Simon Dixon, you have to remember that Binance uses Tether (USDT) a lot. Binance make more money than Deutsche Bank, theyre hugely profitable, and they own like $400M in the U.S. Bank just to cover their $400M USDT worth. So its pretty much backed for Binance.

A billionaire like CZ (ceo of Binance) would not gamble on his baby Binance start-up if the Tether fud was real.

Tether is losing market share to USDC btw.

I personally believe that most of the USDT fud is CoinBase + Circle (the guys who made USDC) .. because I think the "Fed Digital Dollar" control will use USDC primarily.. they obviously want to control the whole crypto market in the future and hence they want all pairs to be BTC/USDC , and not BTC/USDT , so they can have way more power

A lot of politics and stuff but it doesnt really matter. We were hearing Tether Fud when BTC was $6k back in 2017, and then end of 2018 ... and now BTC is back at $50k. Michael Saylor doesn't need Tether, and the Bitcoin ETF won't need Tether either, and Apple + Amazon + Tesla don't need Tether ... so its not wise to spend time thinking about it as a risk (yet)