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RE: Goldman Sachs - Michael Novogratz - Bitcoin set for a bull run to $3915

in #bitcoin7 years ago

Nice predictions, i go for BTC bullrun to 3500 until segwitx2 that could get btc down to 2000 but long term this year 4200 seems to be at the sweet spot.

But realy that is a joke in profit, thats why i go for alt coins.
Maybe take a look into Diamond coin...
DMD got realy huge potential, just look at the chart - 6.000.000 got it over 8 USD from under 3 USD.

To finish this comment i want you guys to compare BTC with DMD:
for BTC to go to 4500 it will need additonal $33,000,000,000 in market cap.
To beat BTC in price DMD will only need additional $10,000,000,000 in market cap. (at this point 1 DMD will cost over 4600 USD - now its at 3 USD!)

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@canis7lupus I never invested in DMD, but reading your comment I am going to go back and analyse it. Will post an article of my findings.

At the moment I can say, for BTC to achieve the desired market cap will be easier as it would require lesser volume; however, for DMD it requires a huge volume to achieve the desired market cap due to the low price.