“Million Dollar Prices Are Coming!”: Here are Bitcoin and Ethereum Predictions from 2 Industry Pioneers
To highlight Bitcoin's superiority over other cryptocurrencies, Dan Held, a manager of the Kraken exchange, shared some developments not related to Bitcoin and called them "trends".
“Million Dollar Prices Are Coming!”: Here are Bitcoin and Ethereum Predictions from 2 Industry Pioneers.
Dan Held is rising in BTC, stating that these trends are temporary crypto innovations. But another crypto expert is rising in the leading altcoin Ethereum and emphasizes that it nurtures the most innovative ideas in the cryptocurrency community.
2014 – Year of the alt coin
2015 – Year of the smart contract platform
2017 – Year of the ICO
2018 – Year of the stable coin
2019 – Year of the bank coin
2020 – Year of DeFi
Trends come and go, ₿itcoin doesn't.
— Dan Held (@danheld) July 8, 2020
Dan Held: Bitcoin is rising despite the latest trends and will hit $ 1 million!
Dan Held, a manager of the Kraken stock exchange, emphasizes that Bitcoin ‘s superiority over other cryptocurrencies continues despite the latest trends. In addition, Dan Held thinks Bitcoin could hit $ 1 million in four to five years. Stating that 90 percent of cryptocurrency investments are in BTC, Dan Held adds:
I THINK THIS BULL RUN WILL BE MUCH STRONGER THAN OTHER CYCLES BECAUSE CORPORATE MONEY WILL FLOW. WE WILL HAVE A MUCH MORE ADVANCED ARCHITECTURE, WE WILL DO A MUCH BETTER MARKETING… WE CAN SEE A LOT OF BITCOIN GOING THROUGH WHAT I CALL A SUPER CYCLE. MANY PEOPLE ESTIMATE THAT BITCOIN GOES FROM $ 10,000 TO $ 100,000 OR $ 200,000 OR $ 300,000. SO WHAT HAPPENS WHEN THE WHOLE WORLD REACHES THIS AMAZING VALUE STORE AS BITCOIN? IF SOCIALISM RISES, TAXES GO UP… I CAN SEE PEOPLE POURING TRILLIONS AND TENS OF MILLIONS OF DOLLARS INTO BITCOIN, SO BITCOIN MAY NOT JUST STOP THERE, IT CAN GO UP TO $ 1 MILLION.
Qiao Wang: Ethereum enables creativity on the market!
Popular crypto investor and researcher Qiao Wang, known as one of Bitcoin ‘s biggest supporters, advocates Ethereum, contrary to Dan Held’s comments. Qiao Wang says that all of the issues that have become popular in the market only benefit the public because of Ethereum. Saying that “Ethereum makes creativity possible”, Qiao Wang emphasizes that the most innovative ideas coming to the cryptocurrency community are affecting the rise.
If you ignore the noise and listen closely, every single one of these narratives happened because of Ethereum. And there’s a fundamental reason behind it. Ethereum enables creativity.
I love Bitcoin. But it doesn’t mean everything else is shit. https://t.co/OTA6Nj8QoN
— Qiao Wang (@QWQiao) July 8, 2020
Bitcoin maximalists, people who believe that Bitcoin is the single-valued cryptocurrency, and are known to be very tough on the superiority of leading crypto money. However, recently, Bitcoin maximalists have emerged on the market, which advocate and believe in the potential of other cryptocurrencies other than Bitcoin, such as Ethereum.