in #8 days ago

Bitcoin is king. I’ve never understood the anti bitcoin sentiment some on Hive have. I’m betting this cycle will see many Alts not hitting 2021 highs. The congestive dissident attitudes many have expecting 2025 = 2021 or 2017/2018 will be surprised when many Alts don’t 10X like 2021. Unfortunately we have here on Hive much value going to trash via DHF. I’m team Hive 💯 but pointing this out is just truth. ETH for example won’t be at the 2021 high I’d bet until bitcoin is over 125K if that. Get ready folks! This cycle will be more picky than 2021. For most Alts anyway…

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ETH many said will outperform bitcoin. It needs to hit $4900 to reach previous ATH, $5600 for inflation adjusted since 2021 ATH. Bitcoin will be far higher than 120K by time that happens. Bitcoin will outperform ETH and 98% of Alts this cycle… bookmark it!

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You are analyzing price movement and not what is taking place on the network. That is the major difference.

Hive fits into the latter category. If nobody uses Bitcoin, it doesnt matter, In fact, that is being sold as a store of value and people like Saylor are accumulating to never use it.

This could be outpaced by networks that have activity. With an agentic internet, this could means some networks have market caps that far outpace the value of Web 2.0 networks. In fact, that is likely.