Some technical analysis, people trade off these kinds of analysis and when collective agreement comes to play it does indeed go as “though out” “expected”. The concept has always been an approach to trading the “STRONG psychological patterns.” It can be accurate, or simply not accurate. It’s a coin “ toss “ BUT…. Future expectation of assured events of import events do propel forward a security/commodity/coin. Because “value” is expected to grow in this case “demand is expected to grow” ever hear about a bridge happening between doge and eth? Well that bridge is going to help transactions flow through eth to doge as a means of currency exchange. Bitcoin is built differently, so is Eth, and so is doge constructed for their own means of use.
Oddly enough Doge is built well enough to serve as currency for the larger population, people are already adopting it and it’s use case is higher than that of any other, because of its pricing we wouldn’t expect to cover small transactions in fractions of Bitcoin .0013. It simply looks ugly. Bitcoins structured value makes it rather attractive to exchange with high value items for example “property of high value”. In comparison to doge, paying a cup of coffee or $5 at the current value of .20 would be 25 Doge. It’s a much respected exchange, and to state the fact, no one will want to trade their ever growing Bitcoin for day to day transactional purposes, that’s where doge comes in. Not if but When doge reached the dollar, exchange of value for value will be much more alike to that of a dollar, or 5, or 10, $20, $50, $100? I’m not a wizard or predicting anything, I’m just speaking from the collective consciousness.
No comments:
Post a Comment