Bitcoin Forum

This bullrun has given us a lot of surprises. since Ripple went into trouble with the SEC there have been many changes in the market. And the newest is Polkadot, Look at today's DOT chart, I smiled a little. this coin is rising high and performing well throughout this bull run. I think Polkadot is on the right track now, even though their platform still can't compete with ethereum. but seeing their growth I became interested in this project.

currently DOT is competing with LTC, and BCH for the 4th position as the coin with the largest market cap. if Polkadot is still like this, I'm sure they can grab the position later.

Polkadot has so much potential that many people want to compare it with ETH. Many think DOT will take the place of ETH in the future. What I think is DOT can be a very good project for a long term investment plan. It could easily go above 100$ and right now price is pretty low. This project is best for the long run.

1- no finished, working product
2- no build user base
3- not build infrastructure

All this points are evaluated at $7.2 Billion. At 100$ per coin it will be $ 89 Billion! More than ETH that has all above 3 points. I wonder ... what are the indicators of "pretty low" price for you... DOT is worth close to whole Renault company that sell cars all around the globe and its cheap for you?

yes you're right, although I'm optimistic that DOT can be better than now. but 100$ is too impossible. I think 10-20$ is still a realistic target. Polkadot is new and doesn't have many loyal supporters yet, and their platform doesn't have many users yet. so it can't be compared to other developed platforms yet.

a few minutes ago my friend and I were talking about polka dots for almost 1 hour, and they concluded that polka dots had good potential, they also suggested to be able to invest more in polkadots. the potential increase in price will continue for some time to come.

I have realized it from a few days ago and indeed, I was late to buy because even in the last seven days the price has increased by 68.84%. With such a great performance since it was first launched I think there is no doubt for DOT, I have bought and ready for big changes in the future, the market will be making bigger surprises in the following days.

You're right, Polkadot is very good today. yesterday I saw the DOT price is still $6 but now it's $9. in just a few days rose so fast. this is a good achievement. I became interested in this project, maybe this project has a good future.

like I said, look at DOT now. soon this coin will reach 10$. and look at its marketcap, sticking tightly with litecoin at position 6. if in the next few days Polkadot is still in the rally, he will rise to position 5 as the coin with the largest market cap.

DOT will be my first coin in 2021 to make a big profit. congratulations to those who bought when DOT was cheap, enjoy this fun.

Yes DOT was probably one of the most successful alts of 2020 along with maybe LINK. I am actually surprised that it broke the $7 resistance like butter and its trending higher and higher.

The pair to watch is however the DOTBTC, if you look you can see its a bull flag however we dont know where the local bottom will be. Currently in the 32K sat area its resistance, and it might make another leg down into the 15K sats area when it breaks the 18K previous support. So I think 10-15K sats is a good price to buy with BTC. The fiat chart is hard to predict since most of that depends on BTC success. However the cross pair seems easier to trade.

It may not reach $10 next days caused by it looks like the pump has reached its peak price. I have predicted there will be a small correction before dot will be able to jump even higher than before. A lot of demand from EOS has been moving to the DOT platforms. $10 looks easy to be achieved by DOT but it must have searched the new floor to be used to stabilize its price.
I have bought DOT around $5 and will try to sell when it can surpass $10. 100% ROI is more than enough for me.

Poldakot made a very quick attack. They quickly entered the stock markets and attracted people's attention.
I have friends around me who want to invest in Poldakot right now. I think the Poldakot price will increase for a while  :)

With the price now, I am sure polkadot will have a chance to compete with litecoin and lift the position and replace litecoin position. But litecoin will not easily give the position to polkadot, so I guess there will be a competition between litecoin and polkadot. We will see a new change in the position this year, and we might see a new coin like polkadot will have a chance to replace the old coin.

I'm pretty happy with how DOT is performing, I bought a 100 between $5 and $6 AUD and as of today it's $11.50 so a decent profit, however I think it has the potential to increase a lot more.

Do you hear what you just said? Polkadot does not have users, supporters (i'll add here a finished, tested in battlefield product) but ...


You expect it to grow to top 5 CMC.

DOT as few lines of unfinished code is worth between $100k and $10 mln currently. Its evaluated at $ 7 bilion. Its overpriced up to 7 000 times. All of you guys in here are gambling on bubble ... not investing. I just want you to know about that. It can pump to top 5, even top 3 but its pure gambling. It may as good dump to out from top 50 and be forgotten.

Whatever it is that make DOT's worth more than Renault, is the same thing that makes BTC's market cap more than Berkshire Hathaway. What is the reason for TSLA to be at $705?

Come back when you find your answer.

recording ATH 9 hours ago ,if this is an Intentional growth like what they Did few months ago ,then i Might say that this track wont last for long.

Bitcoin cash is not part of the race because all the Funds inside are from the Owner and not from the community.

Litecoin is coming back from the long sleep ,if what is the future then lets see.

Oh no man. Its complitly different story. Bitcoin makes history in front of our eyes. The largest financial institutions (d.e fidelity) recommend keeping 5% of a well-diversified portfolio in BTC. Bitcoin has value and brand that is being build for 11 years and is secured by 0.21% of the world's supply of electricity.

DOT is worth more than Renault because its pumped to the sky shitcoin. People call it new etherum ... same story was about ADA, NEM, Tron and many more. There are houdrends of shitcoins like DOT and DOT is so popular not because its used by everyone, its popular because it was pumped to top 10 CMC.

That's what you (and some others) believe. Not everybody agrees with it.


That's exactly how some people think of Bitcoin. (Not saying I do)

What about TSLA? You missed that one. Should it (668b usd) have higher (8 times) marketcap than Wolkswagen (82b usd)? I don't see it. It is probably because I am blind.

Tesla sold 367k cars in 2019 (https://www.statista.com/statistics/502208/tesla-quarterly-vehicle-deliveries/) while VW sold 11 million cars (https://www.statista.com/statistics/272049/worldwide-vehicle-sales-of-volkswagen-since-2006/).

The fact that 1 company is overpriced 25 times (P/E compared to nasdaq average) does not justify the fact that altcoin without user base and infrastructure with huge competition that has been doing the same for years (like 1000 similar projects) is overpriced 7000 times.
Both investing in dot and investing in tesla is gambling. But investing in tesla is like roulette while investing in DOT is like russian roulette.

What has happened to polkadot over the past time is truly wonderful. I believe that out of all the altcoins today there will be very few products that bring a large ecosystem like Polkadot, Ethereum,... i also fully believe that 2021 will be a more successful year for polkadot, because their activities to promote polkadot based construction projects have very good brands.

Polkadot solve many problem on ethereum chain such as gas fees and with its parachain we can bridge multi chain on it, many developer waiting this kind of project, and it is more secure to build DeFi on it. I eealy trust this polkadot project with parity behind it.

And i predict that will be more project build on this network in the future.

It was not so much an attack as a pump I would say,,, no different from all the other altcoins or defi temporaries I see every day popping up. I bet you if you ask your friends who want to "invest" they are just speculators like you,,, all looking for a quick profit and not aware of just how you are about to risk everything for small gains.

Polkadot price (https://www.coingecko.com/en/coins/polkadot) already up 70% in the last 7 days, impress!

As far as I know, at the beginning of the appearance of DOT alone, it has earned a special place in the hearts of investors, by looking at the price graph which continues to increase every month which has occupied the top 10 of CMC in a short time is not an easy thing, only altcoins that are really serious and real can be

Polkadot scores are indeed very impressive, especially since Polkadot has bypassed even the ripple according to coinmarketcap scores to date. I really tend to believe that DeFi projects will be the real driving force in the cryptocurrency market in 2021.

What you said is right, It is not an easy thing to get into the top rank because company members should work a lot, even the ecosystem is kept developing and it helps many other new platforms are launching under this block chain. It has already entered into top 10 coin club and it helps many other new platforms launching Polkadot.

No doubt, Polkadot has a huge fan base that supports it and drives it forward but I need you to be more specific when you said DOT bypassed XRP because the last time I checked XRP still hold its fourth position on the capital market.

DeFi has already been the driving force in the cryptocurrency market since last year but the crypto scammer will also use it as a venue to steal from investors and that's the pitfall people are advised to watch out for.

Polkadot haven't bypassed ripple marketcap yet. Yesterday DOT reached at 5th place by overtaking ltc marketcap and stayed there for a while. Currently DOT at 6th position in crypto market. But be sure, xrp will loss it position very soon. Finally DOT will compete with other top altcoins, after Ethereum and usdt.

Previously many people on this forum talked about and compared Polkadot to Ethereum and I don't agree with that. But to this day Polkadot has really made good progress in my opinion. They also seem to have found support from Binance.

Of course this can make the market better and it is interesting to see the tough competition in the top position after Bitcoin.

I know Polkadot disnt bypassed XRP, I asked the question to be sure what Spaffin was expressing and if DOT claims the fifth and lost it afterward it means it cant overtake LTC traffic.
Concern XRP, we cant be sure if the coin will lose it position because the project team are good at market manipulation but I read that some exchange site will delist the coin if the suit is not settled before the mid of this month.
Lets wait and see what will happen.

I believe that the fact that Polkadot has reached such heights already today is primarily due not only to the team, but also to the users who believed in this project. Together, we have huge advantages of Polkadot over other top-rated cryptocurrencies, and the  six place on the coinmarket is proof of this. At least this is the only project that has demonstrated such outstanding dynamics.

Polkadot becomes much popular than others crypto project. Crypto users gives much attention on this project. I do not know much more about this project but after the hype of crypto bitcoin and others altcoin breaks it all time high price records i saw lots people also added their portfolio list polkadot with bitcoin and others alts. That is why i think i have to do little bit more deep research about this project. Though i already started doing my research about this project and my first impression on coinmarketcap i become surprise to see this in top 6 rank. Then i decide to more deep research about this project. So right now i am working on it.

That's quite true, the current bull run threw a lot of light towards many projects that we see them charging higher and aiming for the top 5, top 10 etc, however that would likely be a tough competition between LTC and DOT as both are trying their best, but it is also good to take note of the good features of DOT and unrelenting efforts of the Polkadot team. However, i think it is good that these coins challenges each other for that top 5 or even top 10 so that, the team will know that there is always work to do and the only way to remain on top is by offering something worthwhile, something workable and some attractive to a lot of people.
The crypto space is now getting tough and it's obvious it is now time for project team to put in their best or watch others overtake them and push them down.

yesterday I saw the price of 10$ DOT. and it looks like it's an all-time high. if asked if this project is good, i think this project is very good. Polkadot is worth investing in, because their platform will be a Dapp alternative. if people start moving away from the ethereum network, Polkadot might be their top choice.

true, at the beginning of last December the price was around 4-5 $ now it is at 10 $ that means the bull run made a rise in some altcoins, although not directly because not all coins went up at the same time as btc when it went up.
whereas coins like ETH come closest to the movement of BTC every time.

Dont Just believe in what the Jump does but how it happens? do really Investors Believe in this one? or just their Hyping power that Made this Pump so an attract and lure real investors ?
and what will happen after ?they will Dump the coin and real investors will remain trapped ?
Never trust a currency that has no real product and hasn't proven anything yet but only a irregular pumping that obviously manipulated.

I totally agree with you, Polkadot is doing very well, honestly looking at CMC at this moment, DOT is really a good choice that i think will bring high profits, i believe that 2021 DOT will continue to be successful. I believe there is still an opportunity to make a profit from investing in DOT, which has increased by more than 50% over the last 7 days.

as i see now, the rank of DOT down to 8th position and competing with cardano
but, in my opinion is become a good alternative for ethereum, with all the features inside this project mate

From the very first entry into the market, it has been seen that polka-dots can quickly surprise all, because gradually and surely they immediately enter the top ranking altcoins and shift many potential altcoins such as chainlink.
This is a good sign, hopefully management can develop and continue to innovate so that it remains the target of investors, I am sure that seeing DOT's current market cap is very consistent and good, it will be maintained.

It has finally surpass XRP, DOT has a very good run in the last 3 months from over $4 now already trading at $17.

The kind of success though, even successful than other coins and I think this coin as long as it keeps its development, stay listed in good exchanges, it has a great future and maybe catching them while still early is the best thing to do.

Good luck to those who are holding DOT.