The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Mark Yusko: Bitcoin Can Easily Hit $50,000 to $100,000 by 2021– Plus Ethereum, Ripple and XRP, Stellar, Tron, NEO

by Daily Hodl Staff
July 4, 2019
in Altcoins

[the_ad id=”36860″]

From the true value of the Bitcoin network to new support for Stellar Lumens, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Morgan Creek Capital CEO Mark Yusko says he thinks Bitcoin can “easily” hit $50,000 to $100,000 in 2020 or 2021.

In a new interview with BlockTV, Yusko says it’s all about the network effect, emotion and how many speculators jump into the market. Yusko uses Metcalfe’s Law – which states that the value of a network is proportional to the square of the number of users in the system – to judge the value of BTC.

“I look at it like this. If I think about network growth and Metcalfe’s Law, sometime around 2020, 2021, I think we could easily be somewhere between $50,000 and $100,000. That’s a pretty wide range. But I think the challenge of day-to-day price is that the price doesn’t reflect the value.

So back in December of 2017, we tweeted out all the time that [Bitcoin at] $20,000, with an underlying value of $10,000 or $11,000, was silly and people need to go to the sidelines. And then at $3,000, with an underlying value of $13,000 to $14,000, it was a raging buy. So we still think the underlying value based on Metcalfe’s Law and user adoption is somewhere in the mid-teen thousands.

[the_ad id=”36860″]

By the end of this year, could we get back to the old highs? I think it’s certainly possible. It all depends on emotion and how many speculators come into the market. But the fundamental holders and the fundamental users are going to continue to stack sats. And they’re going to continue to accumulate or #Buyandhodl as I like to say. Right now it’s not about speculating on price. It’s about gaining ownership of the network. That’s the key to Bitcoin.”

Ethereum

The latest edition of EthHub Weekly is out, covering all things Ethereum.

This week’s post looks at new developments on Cloudflare’s new Ethereum Gateway, MyEtherWallet, Dharma and more.

[the_ad id=”36860″]

Ripple and XRP

Ripple’s senior vice president of marketing, Monica Long, joins the latest Pattern Recognition Podcast.

Long talks about the differences between Ripple and XRP, the overall business model at Ripple and where the overall blockchain and crypto movement is heading.

Stellar

The Stellar-based decentralized exchange StellarX just launched its mobile wallet on Android.

StellarX gives users the ability to send euros, yuan, pounds, dollars and other fiat currencies via ACH transactions that can then be traded for crypto.

Today we are excited to announce the launch of the StellarX mobile wallet for Android! Users will have access to wallet account balances including the ability send/receive any token on the network! More features coming soon ?

Download @ https://t.co/BmVHCQGtzj pic.twitter.com/NRZpqIVgxm

— StellarX (@stellarxhq) July 2, 2019

[the_ad id=”36860″]

Tron

Tron’s has published its latest weekly report.

The new edition covers the launch of Tron’s mainnet upgrade, the platform’s decentralized app ecosystem and the latest on BitTorrent’s integration with the Tron network.

NEO

NEO founder Erik Zhang just sat down for an ask-me-anything on Hackernoon.

The AMA covers the latest on NEO’s development, including the latest progress on NEO3, which is designed to dramatically boost the number of transactions per second that the network can handle in order to power large-scale commercial applications.

[the_ad id=”36860″]

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Open-Source Blockchain D-Ecosystem Raises $6 Million Ahead of IDO on March 29, 2023
    March 27, 2023
  • Bitget Becomes the First Centralized Exchange To Offer Financial Transparency Through Space and Time
    March 27, 2023
  • OKX Launches Turkish Lira Deposits and Withdrawals
    March 27, 2023
  • Cardano’s Top NFT Marketplace JPG.Store Announces Plans To Empower More Artists Globally
    March 27, 2023
  • Narwhal Finance Secures $1 Million in Seed Funding Led by Animoca Ventures
    March 24, 2023
  • Sports Prediction App Pooky Launches Full Version of Its Play-and-Earn Game
    March 23, 2023
  • StormGain Launches StormGain DEX for User-Friendly Decentralized Crypto Trading
    March 23, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,316.59
$28,316.59
2%
Ethereum
$1,802.53
$1,802.53
3.3%
Cardano
$0.380868
$0.380868
13.46%
XRP
$0.460298
$0.460298
19.52%
Dogecoin
$0.076029
$0.076029
5.81%

Spotlight

  • Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off
    March 25, 2023
  • Owner of Major US Stock Exchange To Launch Crypto Custody Services by June: Report
    March 25, 2023
  • Crypto Whales Pounce on Ethereum Scaling Altcoin, Accumulating 13,310,000 Arbitrum (ARB) After Polygon Rival’s Airdrop
    March 25, 2023
  • Polkadot, Kusama and Cardano Leading Crypto Space in Terms of ‘Notable GitHub Activity’: Santiment
    March 25, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl