Polygon (MATIC) to $20? - page 25. | Bitcointalksearch.org

Xampeuu

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Quote from: marcous on May 02, 2022, 10:37:37 AM

Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I even hesitate when I see the current price on Matic, because this is not only about the influence of Polygon network users, but also the influence of investors and traders who want to like Matic so they will buy it in very large quantities.
So I hesitate because it's too far off the target for Matic if it's for the $20 price tag.

$20 may seem heavy for matic to reach it. From its development, matic seems to be stagnant and there is no significant spike, even the highest price is around $3, it seems that this coin is indeed favored by short-term traders, so that when they are profitable they will immediately sell it, if we look at the matic network, it is increasingly popular, but in fact the price development has not did a high spike until now

jaberwock

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Quote from: kesmex on May 02, 2022, 05:59:03 AM

Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I agree with that especially Matic is one of the potential altcoins and of course this coin will continue to grow,
but indeed if you hope to reach the price of $ 20 in the near future of course it will be difficult considering the current conditions are also not supportive

That is the thing about the crypto investors, they could have something that will do 2x in their hands and they could be upset about it. I know it makes no sense and I know that we should all be happy about it but we are spoiled by all the 10x we have seen so far that everyone expect things to go up like that. Hell if you consider the fact that we were around 4k during march 2020 and then 68k at October 2021, you could see how much we went up during that period as well just with bitcoin which is the top coin.

If the top coin can do that, many people believe that lower level coins like matic should be able to earn more than 10x to them as well and they are not happy about 2x increases.

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Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I even hesitate when I see the current price on Matic, because this is not only about the influence of Polygon network users, but also the influence of investors and traders who want to like Matic so they will buy it in very large quantities.
So I hesitate because it's too far off the target for Matic if it's for the $20 price tag.

SirLancelot

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Quote from: yhiaali3 on May 01, 2022, 11:38:33 PM

I think the reason is that the Total Supply Coin Polygon Network (MATIC) is rather big compared to similar chains like Binance and Ethereum, Binance has a big Total Supply but it burns tokens periodically and this causes the number of tokens to decrease and the demand and price increase, I think Polygon should do The same thing, because with Total Supply 10 billion tokens, it is unlikely that we will see the price at $20 because in this case we will get a huge market value of the token that does not match the market situation.

But, we didn't say that matic will have the same value as bnb and eth. We still set a realistic amount here for this coin and what about other junk coins that have a massive supply? If they can be able to jump high then why not this one, matic, when in fact this coin is much more useful and popular than them?

It's possible in my own opinion. Binance coin has burning capabilities but I think other coins have this feature too and if not then I think they can always add it or they can also do a manual burning. There are still lots of ways to up the price of the coin but I don't know why the people behind this coin haven't made that move yet.

kesmex

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Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

I agree with that especially Matic is one of the potential altcoins and of course this coin will continue to grow,
but indeed if you hope to reach the price of $ 20 in the near future of course it will be difficult considering the current conditions are also not supportive

bitterguy28

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Matic is one of the currency that i Shows interest since last year and yes I bought some of these and keeps Holding till now.

But reaching 20$? i don't think this is possible for now , or maybe in coming months , but if we are talking long term?
then of course Polygon will bring smiles to the supporters in the long run .

So best to Buy and Hold , but not to day trade.

Quote from: superman184 on May 02, 2022, 02:10:58 AM

I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

But WHEN?

superman184

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I think to reach a price of $ 20 is very possible if you look at the development of the Polygon network which is getting more and more users. however whether it will happen in one year I can't say for sure, but for the next 5 years I believe the coin can exceed $20.

yhiaali3

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I think the reason is that the Total Supply Coin Polygon Network (MATIC) is rather big compared to similar chains like Binance and Ethereum, Binance has a big Total Supply but it burns tokens periodically and this causes the number of tokens to decrease and the demand and price increase, I think Polygon should do The same thing, because with Total Supply 10 billion tokens, it is unlikely that we will see the price at $20 because in this case we will get a huge market value of the token that does not match the market situation.

GigaBit

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Polygon is one of the chains where have the possibility to get maximum benefit. If you trade in this chain you will get the differentiation. The demand for this coin is increasing day by day. Last year it was priced at 2.88 as ATH. Hopefully next bull run we can see it $7-9 and next few years later we will get it more then $15.

lionheart78

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Quote from: darewaller on May 01, 2022, 01:40:52 PM

I am not saying that it shouldn't be going up, whatever you bought hopefully goes up, but if you see it stuck somewhere, do not have some dreams that it will be insanely higher. I mean when something is 2 bucks at the best time ,and you hope for 20 bucks, that is not realistic and you are going to end up being upset about it as well. This is why I believe we should be focusing on a bit of real prices that could be achieved.

This is crypto world almost everything is insane. Price surge and crash for no reason sometimes. So seeing MATIC reach $20 is not impossible. It may not reach its value this year but the project is in for a long haul. Who knows maybe in the next 5 years MATIC price rallies and even breaks the $20 barrier. Who thinks that BTC will be worth $30k during 2013? Most people that predicted BTC going more than 10k that year are being treated as crazy or lunatics. I am not saying Matic is like Bitcoin but a 20x price growth isn't impossible at all. It may not happen now but we never tell what the future can.

wheelz1200

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Quote from: darewaller on May 01, 2022, 01:40:52 PM

Quote from: btc78 on April 30, 2022, 04:04:16 AM

Lets not fall into Greed reality mate because this will surely made us loser or at least frustrated .. If you are going to expect a decent return for your investment then you should learn how to keep holding for long term.
and that is what we need to achieve in MATIC investing.
I Myself is interested in this currency but till now has no chance to purchase because My holdings are enough for me to spend the amount i can risk.

The frustration that the coin you wanted to see at a certain level didn't reach that level does change a lot of our perspective to the market. We could be too greedy in our minds and sometimes that blocks us from seeing the reality.

I am not saying that it shouldn't be going up, whatever you bought hopefully goes up, but if you see it stuck somewhere, do not have some dreams that it will be insanely higher. I mean when something is 2 bucks at the best time ,and you hope for 20 bucks, that is not realistic and you are going to end up being upset about it as well. This is why I believe we should be focusing on a bit of real prices that could be achieved.

That's because everything is down its not indicative of what the price might be one day. I'm actually impressed at where it's at right now. I think this might be a good opportunity to load up on matic. Seems more and more people are using it everyday. Beats the hell out of eth right now.

darewaller

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Quote from: btc78 on April 30, 2022, 04:04:16 AM

Lets not fall into Greed reality mate because this will surely made us loser or at least frustrated .. If you are going to expect a decent return for your investment then you should learn how to keep holding for long term.
and that is what we need to achieve in MATIC investing.
I Myself is interested in this currency but till now has no chance to purchase because My holdings are enough for me to spend the amount i can risk.

The frustration that the coin you wanted to see at a certain level didn't reach that level does change a lot of our perspective to the market. We could be too greedy in our minds and sometimes that blocks us from seeing the reality.

I am not saying that it shouldn't be going up, whatever you bought hopefully goes up, but if you see it stuck somewhere, do not have some dreams that it will be insanely higher. I mean when something is 2 bucks at the best time ,and you hope for 20 bucks, that is not realistic and you are going to end up being upset about it as well. This is why I believe we should be focusing on a bit of real prices that could be achieved.

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Quote from: 2tang on May 01, 2022, 11:00:28 AM

Quote from: nimogsm on May 01, 2022, 05:54:44 AM

I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

As long as market conditions do not improve, then the increase in the price of any altcoin (including Matic) will look very difficult and bigger towards the decline because now the struggle for altcoins to increase is through traders and investors and through the Bullish influence in Bitcoin. So as long as it doesn't exist, then there won't be a good price increase for altcoins like Matic either.

yes you are right, the market situation and the influence of bitcoin get in the way of that. so it's very difficult for Matic to go up when the situation is bad like this. therefore the target of 20$ this year will not come true. I even doubt if we can still return to ATH or even stay in the 2$ price range this year. almost 90% of altcoins crash due to bitcoin going down. and matic became one of the altcoins that had a fairly large impact.

davincicode666

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Quote from: uswa56 on May 01, 2022, 11:38:00 AM

by looking at the current development of the MATIC coin and the increasing number of users of the Polygon network with all the odds to be able to reach the price of $20 is not a difficult thing to achieve, I believe it will happen this year.

It's too difficult if the time period is this year because now the market correction period is also taking place and has not been completed so that altcoins that have experienced a decline must struggle to be able to increase again after this period of decline is over.

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Quote from: 2tang on May 01, 2022, 11:00:28 AM

Quote from: nimogsm on May 01, 2022, 05:54:44 AM

I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

As long as market conditions do not improve, then the increase in the price of any altcoin (including Matic) will look very difficult and bigger towards the decline because now the struggle for altcoins to increase is through traders and investors and through the Bullish influence in Bitcoin. So as long as it doesn't exist, then there won't be a good price increase for altcoins like Matic either.

Unless there's a particular event that will pull the price up, updates or big whales/business that will show interest.

The condition right now is not favoring those who's waiting for the high price, but favorable for those who wanted to invest or
to add more investment with Matic.

Quote from: uswa56 on May 01, 2022, 11:38:00 AM

by looking at the current development of the MATIC coin and the increasing number of users of the Polygon network with all the odds to be able to reach the price of $20 is not a difficult thing to achieve, I believe it will happen this year.

Almost entering the half-way of this year and the current market conditions are still very tough to predict. The chance
is always there for every good project. If you believe in it, best to buy and keep your assets inside your safe wallet
and wait for further developments.

uswa56

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by looking at the current development of the MATIC coin and the increasing number of users of the Polygon network with all the odds to be able to reach the price of $20 is not a difficult thing to achieve, I believe it will happen this year.

2tang

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Quote from: nimogsm on May 01, 2022, 05:54:44 AM

I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

As long as market conditions do not improve, then the increase in the price of any altcoin (including Matic) will look very difficult and bigger towards the decline because now the struggle for altcoins to increase is through traders and investors and through the Bullish influence in Bitcoin. So as long as it doesn't exist, then there won't be a good price increase for altcoins like Matic either.

btc78

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Quote from: nimogsm on May 01, 2022, 05:54:44 AM

I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

But don't trust most of the comment instead make your own deep research.

nimogsm

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I think you can no longer wait for bright flashes at the price, he will still walk around $ 1, the excitement for this project has subsided a little.Many thought that the price increase would be from the beginning of the year, but so far this has not happened.

manok jepang

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Quote from: mdzahed134 on April 30, 2022, 02:30:29 PM

Quote from: saladin7000 on April 30, 2022, 02:07:39 PM

Currently polygon(matic) is very popular where its growth is increasing from time to time, I think it is not impossible for polygons to reach $20 but not in the near future, considering the technological competition in crypto is very high and the market situation is very uncertain , maybe that price can be achieved in the next few years,

Polygon to hit 20$ it’s not impossible but it will be very difficult to reach this price, you know right now matic price will go below 1$ very soon i think. So you will never expect x20 at any time, i don’t expect even after the next 2 years it can be reach this targeted price. But i think still matic is underrated if considering their use cases in the market.

I think in the world of cryptocurrencies anything can happen, and until now no one has been able to predict with certainty what crypto prices will be in the future, current discussion is about polygon prices (matic), even though polygons are currently being popular but I think it is very difficult for polygons to be able to reach $20 as targeted especially considering the competition in crypto is very tight right now,

Topic: Polygon (MATIC) to $20? - page 25. (Read 5883 times)