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Author Topic: What is the potential of the Polygon?  (Read 278 times)
hack3rcon (OP)
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January 19, 2022, 03:28:15 PM
 #1

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.


Thank you.
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January 19, 2022, 04:37:28 PM
 #2

Polygon Matic is nothing but a scaling solution for ETH transaction, it brings cheaper and faster transaction to the table through its layer 2 side chains, if you ask me this is something that's lacking in crypto space for some time now, I believe this project will have it's safe place in crypto space for a very long time, you are safe to invest in polygon

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hack3rcon (OP)
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January 22, 2022, 08:59:36 AM
 #3

Polygon Matic is nothing but a scaling solution for ETH transaction, it brings cheaper and faster transaction to the table through its layer 2 side chains, if you ask me this is something that's lacking in crypto space for some time now, I believe this project will have it's safe place in crypto space for a very long time, you are safe to invest in polygon

Hello,
Thank you so much for your reply.
In your opinion, will Polygon reach the price of $100 in the next year?
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January 22, 2022, 09:09:16 AM
 #4

Hello,
Thank you so much for your reply.
In your opinion, will Polygon reach the price of $100 in the next year?

No one knows. Only the fundamentals and the potential of the project can be discussed for now with a sense.

For price prediction, no such technical analysis can be applied. Imagine, creating an analysis from the current price of $1 to $100. That's an insane jump from the current $10B market cap to $687B within just a year or two.

Maybe possible but my advice is, always stick with a realistic price.

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January 22, 2022, 09:54:28 AM
 #5

No one can predict the price but this project can give you returns in the long term. ATH of Matic was $2.92 and therefore when the Bull market is back you can expect the price to again reach the same amount. At the moment the price of Matic is down by 47% so if you want to invest now then this is the right time.

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January 22, 2022, 10:56:14 AM
 #6

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.


Thank you.

Well, Im not an expert but I can tell that polygon is a potential coin for the future, and if you holding Matic right now I guess that was a good choice, Anyway even me is a Matic holder and I believe it was undervalued right now so maybe in the near future Polygon (Matic) will be included in the top ranking altcoins.
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January 22, 2022, 11:27:08 AM
 #7

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.
Thank you.
In times like today it is almost very difficult to see the future of any coin and any network even though Polygon has looked very good last year and will continue to hold on for this year so predictions for the future will also be better if for now it can survive with what existence.

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January 22, 2022, 01:32:26 PM
 #8

Polygon Matic is nothing but a scaling solution for ETH transaction, it brings cheaper and faster transaction to the table through its layer 2 side chains, if you ask me this is something that's lacking in crypto space for some time now, I believe this project will have it's safe place in crypto space for a very long time, you are safe to invest in polygon

Hello,
Thank you so much for your reply.
In your opinion, will Polygon reach the price of $100 in the next year?
It is hard to say but it could be possible if we say that for the long term and not next year unless there are a massive demand for Polygon or something big happen to that project. You can hope that will happen in the future so while the price still low, especially we see the market is getting a big correction, you can buy it for many amounts.

Polygon is another option for users to send their coins with low fees to convert them back to the previous coins if they want or still hold Polygon and only sell when the price increases. I think Polygon can increase step by step and not jump hard to the higher price.

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January 22, 2022, 02:19:05 PM
 #9

Indeed no one knows if polygons can reach $100.
But in my opinion polygons (metic) are a bit difficult to reach $100 for the next 1 year, now the price of polygons is difficult for us to predict, even very, very cheap.
I think you are wrong in writing (Matic). In general Matic is a good coin even though it is very, very cheap right now, because it is a very good opportunity to enter the market at this time and also buy some Matic as a good stock asset.

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January 22, 2022, 02:33:59 PM
 #10

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.
I'm thinking it still the best L2 out there considering the faster transaction and cheaper withdrawal. The Polygon NFTs are getting into trends too so that will drag the price of MATIC too. This isn't some kind of financial advice but I'd say it's the best altcoin out there that has huge potential.

Indeed no one knows if polygons can reach $100.
But in my opinion polygons (metic) are a bit difficult to reach $100 for the next 1 year, now the price of polygons is difficult for us to predict, even very, very cheap.
A prediction of $100 within a year is unrealistic tbh and I don't think even in the next 3 years it will reach that height, that would take a $100T market cap I think for the whole market to reach that for polygon considering it stays on the top.

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January 22, 2022, 02:54:16 PM
 #11

I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.
Good coin and good L2 solution. As far as i know this blockchain will be used as a new blockchain specialized in the NFT. Some big platforms have already announced that if they will be moving to the polygon and this will be adding so many users as we know that if these big platforms have so many users right now. One of these platform was sandbox.
Polygon has a very good potential for the future but it will not so big as binance. In this case polygon lack of utility compared with binance and that's why it's very suitable for long term investment.



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January 22, 2022, 03:13:21 PM
 #12

Polygon is a growing chain and ATH is almost $3, prices are going down due to the current market crash and now you can buy almost $1.60 MATIC and this is a good price for buying because polygon price was going up when the market was good so in future, the price can be $10 and this will be a big project in future.

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January 22, 2022, 03:31:54 PM
 #13

I know in the cryptocurrency of the world, it is almost impossible to estimate the price,
It's possible to estimate the price. There are so many people have been creating the correct prediction about the future of polygon. As long as you understand about the theory of analyzing the candle and you may able to predic it. The result may not meet your expectation but it's worth to try.


but I want to know the users and experts opinions about the price
The total supply is not so big and the price already reached a few bucks and that means people are putting their trust to this blockchain. Im also using this blockchain to trade stable coin through L2 solution to avoid the high gas fees and it's working perfectly. So far so good. It's so difficult to predict about the price right not caused by bitcoin is still in the bearish trend but this token is suitable to be used as long term investment. Im sure that matic can bounce a lot when bitcoin will come back again with bullish trend.


and the potential of the Polygon in the future. Please share your opinions.
As L2 of ethereum. This blockchain is having good performance. Cheap fees, scalable enough, so many users and assets already supported by polygon and many more. The fundamental is so good and that's why this has very strong potential to go to the moon again.

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January 22, 2022, 06:36:21 PM
 #14

For me to be fully convince polygon has potentials they should already fix this network failure people are currently facing on the polygon network as a result of some projects, this is were those big words on whitepaper are put to test, real usage of the blockchain and how they are able to handle the pressure so easy and smooth, whenever i see those big words on these l1, l2 projects claiming to process xxxx transaction per second i smile,
this is just a fraction of what could come and the network already unstable.

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January 22, 2022, 08:53:15 PM
 #15

I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.
As long as ETH gas fee stays high, Matic is basically the backup version of it and will continue to survive and go up and down with the market. I am not expecting it to do "too" much different from the market. I mean sure if the whole market is up 10% there are several coins which are up 15% or so, that kind of thing will happen, but I am not expecting matic to be 20% higher when the market is 10% lower or anything like that.

This is why it will be around the levels of the market until ETH figures out a way. When ETH figures out a way that will be a bit different, in that case if the ETH gas fee gets very cheap, then we are going to see Matic start to lose out a bit and start to drop.
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January 22, 2022, 10:54:09 PM
 #16

This coin is really promising as a smart contract platform and it’s showing a really good growth within these past few years.
starting out as a second layer solution for eth that currently has fee problems, it has become platforms that’s used for most of the newest NFT and metaverse projects because of the cheap fee.
I think the potential of this coin is just the same as BSC, it could hardly go against ETH in term of market capitalization, but this coin could be achieving the same feat as BSC, because most of the
gaming projects more specifically, are all moving in this matic blockchain.

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January 23, 2022, 09:31:54 AM
 #17

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.


Thank you.

Honestly, i'm hoping by the next bull run it might be in the range of $10 or max $20.
It's unrealistic it's gonna follow ETH price pattern, so settle for what you can
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January 23, 2022, 11:51:07 AM
 #18

I have been actively using this blockchain since last year and this is a good blockchain but the problem is even this claimed to be another scalable blockchain but the thing that makes me curious is if the blockchain can still get clogged. Im also experiencing some exchange sites are suspending the deposit and withdrawal for all of the assets in polygon. It seems like that this blockchain was not scalable enough to handle the spam attack by anonymous users. So far this blockchain is so good. Small fees, fast transactions, and a good ecosystem but i wanna say if there are not lots of dapps on polygon as this is still a new blockchain and you may rarely find a legit defi on polygon. This is having the same potential like BSC chain which has been running by BNB but i just see that this blockchain has no capability to be the same like L1 blockchain.

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January 23, 2022, 09:55:46 PM
 #19

Polygon platform is proven to be very fast and low cost that makes many projects also divert to Polygon, now Polygon is ready to be a serious challenger from BSC platform or others and I believe the potential will be very good in the future.
Polygon is really cool, and so far it is one of those so called ethereum killers that has been able to stay strong for a long time. Let’s hope that it is able to maintain its growth as time goes on. Analysts has been dropping so many predictions on how far the price would go, but it’s good to note that analysts can as well be wrong, because no one really knows where the cryptocurrency market can be heading to for sure, although we can see the signs and be able to make some predictions on what might likely be the outcome in the future, but we can’t say that we are hundred percent sure that our prediction is going to happen.

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January 23, 2022, 10:04:51 PM
 #20

Hello,
I know in the cryptocurrency of the world, it is almost impossible to estimate the price, but I want to know the users and experts opinions about the price and the potential of the Polygon in the future. Please share your opinions.


Thank you.
Still need time maybe to decide Polygon Matic is good or not, but i think it make a nice progress. We can see some projects already use it's blockchain because cheaper fee if compared to ETH. But to  be honest in my mind, if the coin pumped in future, what will be happen to the fees, i mean in value must be increased too.
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