No one hates dogecoin. Everyone is the fan of this cute little coin. I can't say about Dogecoin reaching the moon but surely it would always reside in our hearts. The coin is a good place to start learning crypto. A nice tipping coin and cool coin on gambling.

I do not know how much money the dogecoin executives have spent on marketing like this, But actually, doge has a good security system, a large community and a lot of supporters

Vitalik Buterin, Elon Musk, John McAfee these big names are supporting Dogecoin. Could you kindly explain to me why? I do not see anything good on this project. 

My question is: how can a shitty coin with no real use and purpose get so many traction? Speculation is a strange fact in crypto

Pompliano is 75% confident that BITCOIN Price reaches $100,000 by End of 2021



https://cointelegraph.com/news/pompliano-75-confident-bitcoin-price-is-100-000-by-end-of-2021?utm_source=Telegram&utm_medium=social

Anthony “Pomp” Pompliano — co-founder of crypto asset management firm Morgan Creek Digital Assets — predicts bitcoin (BTC) will hit $100,000 by the end of 2021.

In an interview with BloxLive.tv on July 2, he said the basic principle behind his forecast was classic supply-demand economics — still valid for the innovative digital asset class.

One of the largest drivers of continued price appreciation will be bitcoin’s halving — when mining rewards will be reduced by half — in May 2020, he said.

Meanwhile, most institutional investors aren’t even aware of this looming reduction in supply, he noted, suggesting that what will continue to drive the market from the perspective of sentiment will be a “continuation of trends we’re already seeing.”

These include increasing legitimization of the space, inflows of institutional capital, record trading volumes, and a climate of global instability that promotes recognition of bitcoin as a safe haven asset.

“Time is bitcoin’s greatest advocate,” Pomp added, and as these trends continue, he said his current 70-75% confidence level in $100,000 by 2021 will hit 90%:

    “In August of last year I predicted bitcoin would go down to $3,000 before returning to $10,000. It essentially did that [...] Now I think it’s going to $100,000, but [...] there will be more volatility: there will be parabolic runs like we saw in June and then there will be 20-30% drawdowns from that. Along the way a lot of people will call the top at these local highs — they’ll be incorrect.”

Elaborating on the question of legitimization, Pomp agreed with the notion that Facebook’s entry into the space with Libra is a bullish sign. “People may not like Zuckerberg, but no one thinks he’s dumb,” he quipped, proposing that:

    “Bitcoin will benefit from libra being a “gateway drug” for cryptocurrencies.”

It’s not so much a question of the token itself, he noted, but the digital wallet that will be rolled out alongside it, which will be a fantastic on-ramp not only for Libra, but potentially in future also other cryptocurrencies, tokenized securities, and even data.

Just yesterday, crypto merchant bank pioneer Mike Novogratz said he won’t be selling the next time bitcoin hits $14,000, anticipating its spectacular rally will see its value going much higher.
8  Comments

So, the price of Bitcoin changed and you think that people who are interested in the price of Bitcoin here on bitcointalk don't know?

Its a silly question to be asked?

If someone want to improve their business then they will lauch new features which can give them more profits and also will keep them first in the competition.

What is the misery behind the coins that Mcafee has been projecting lately? I can see he has been picking interest in some altcoins, the last coin he talked about was Dogecoin, and now Tezos. Well, I know tezos to be a very good project, and I think they have extraordinary team who is behind their project and this will definitely make them have a successful growth in future, so tezos is a coin that is very good to hold for long term investment, though any investor may be seeing their reward soon because of the altcoins season we are very close to seeing, and I guess this is why Mcaffee is already doing the great job down for some of these coins of interest to him. At least through him, many people would keep Dogecoin and tezos in mind as coins they can diversify to during the alts season.

You didn´t understand it. Elon Musk and John McAfee are joking about Dogecoin because this coin is created only for jokes, nothing else. 

Please can you help provide us with sources were McAfee said this? Dogecoin from inception has not done well and I think investors are not also happy because it has not done well and up till now is one of the undervalued coins in the market. If big crypto enthusiasts like McAfee are now speaking about it then we should expect it to moon soon.

Do not take him too seriously.  When people gets old they usually just talk without meaning anything :-P