MY END OF THE YEAR CRYPTO PROJECTION
MY END OF THE YEAR CRYPTO PROJECTION
Looking back in time around 2008 or earlier, i can only say that no one exactly saw the future of cryptocurrency through to where we find ourselves today. If at all people saw something valuable in the future, then the young man who bought 2 pizzas for 1,000 Bitcoin tokens wouldn't have tried such a big mistake.
I sometimes regret not knowing of Bitcoin earlier in time before turning into the monster it is today but well like i said, we never knew what was ahead in the future and even if we knew, ignorance sometimes could be a big disease that can chew good things away from us.
I guess every crypto enthusiasts and cryptologists have learnt a big lesson from bitcoin therefore taking advantage of every token in the market today because we never know which of them is going towards the direction of fortune.
But how do one predict the future of cryptocurrency? This is one question that might be nearly impossible to answer correctly because no one can predict the market. Even though we may try to skyrock the price of a token by a good number of massive purchases and demands, we cannot still have a vivid prediction on the future of that currency.
PREDICTION ON THE HIVE TOKEN.
I still remember when i met hive , the token was around 70 to 80 cents last year and it was a very decent one to my liking but as time goes on, it fell to around 20 cents and as at the time of this publicity, hive is currently 34 to 35 cents in the market. I heard rumours on how the token got to 3 dollars and how people made more than three times their portfolio. That is an awesome one on the blockchain and now my thoughts are, "should we be expecting this same scenario again or should we prepare for a dipper dip?”
Even though the future is not predictable, i still have the faith that hive can climb up to 100 cents that is 1 dollar or more by the end of the year because of its utilities. Hive has a lot of utilities that help sustain the blockchain and this is one of the reasons why the token always bounce back up after a great fall. The blockchain is active and busy so there is no way we would remain in the dip rather, we keep climbing and would definitely climb to reach greater heights, his is what i strongly believe on the future of the hive tokens.
As for the case of bitcoin, bitcoin is a big ship that carries other cryptocurrency so if the ship should sink, that would be a great disaster in the market. I still remember terra Luna, how it vanished in a twinkle of an eye. Things like this can be so discouraging to attract investors but looking at bitcoin, i know for sure that bitcoin blocks are very tangible to most networks and this alone sounds like a proper utility to keep the chain moving.
Although bitcoin to my prediction might not climb back to 60k dollars so quickly, it would take quite some time and resources to get back to this point.
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