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Where do we go from here? Extended cycle, not a four-year cycle. Do we got six months to run, 12 months to run? And any price predictions or thoughts on targets on where Bitcoin and Ethereum could go?
>> Jay, you keep hitting me with these great questions first thing in the morning. Lucky I've got my coffee here with me. Okay, so here we go. No one knows, but everyone's got an opinion. So I I'll give the extreme left and right of arcs, and then I'll give my opinion.
So the extreme left of arc, if you will, is nothing's changed. It's a four-year cycle. We play out as we have in the past. We do a big run up and then Bitcoin drops down 80 to 80% a retrace pulling back 60 to 80%. Nothing's changed. It's business as usual. The retail investors come in and buy the top. They are the exit liquidity for us experienced cryptogoers and investors. Uh the retail investors get wrecked. Uh they're very upset and you and I make uh ridiculous amounts of money. That's one side. That's what's happened in the past.
Now we go all the way to the right of arc and the right of arc is no. This time is different. The hings don't have that much of effect. The US government and other governments are adopting this as a strategic reserve. The institutions are here. The banks are here. The retail investors are also propping up the entire market. The dollar collapses further. There is greater understanding of how broken the dollar and all fiat is. And so we go into this extended super cycle where the dollar is collapsing so quickly because they keep printing so much of this worthless crap. Bitcoin goes higher and higher and higher because it's a true safe haven for investments, not just for the fiscal markets, but maybe even for real estate markets and metal markets where people are saying, "Hang on a second, I can get a better return there." The supply shock hits us hits us even harder than what we've seen in the past and what we are, I would argue, seeing right now. And Bitcoin easily crosses the half a million mark moving into the $1 million mark. That creates more momentum and away we go. So those are the two extremes.
We drop 60 to 80%. >> Sorry, 60 to 80%. Sorry, what's you're giving a percentage each?
>> Yeah. So I'm saying for Bitcoin, we we drop the left of arc is we drop 60 to 80%. The right of arc is that we go uh all the way up to at look my forecast for the low end here is 1475,000 US at the low end. That's that's where we're going. I would argue we could even do that in the next week, possibly in the next few days. $1475,000. That's That's my target that I've been looking at for over two years. That's where we're going. But from there, >> there's there's no doubt. Yeah. Yeah. There's no doubt. >> Yeah. There's no doubt. It's going to $1475,000. We're nearly there already. I mean, because remember, we can do $10,000 in a week. We can do $10,000 in a day. But after that, >> I think 200 to 250 this cycle. And if we go into the super cycle, it's going to go to 500. But I think big picture, I think we'll be happy to see it around the $200,000 mark. Ethereum is going to, this is all my opinion, not financial advice. These are just my forecast. Let's have a bit of fun here. Jay, Bitcoin's going to lowend 1475,000, likely $200,000. Ethereum's going to $10,000. XRP, I know the XRP army wants it to go to $500 to uh $10,000. There there is just not enough money on planet Earth for that. I I I've got a lot of XRP. I would be happy for XRP to be $10,000 each.
>> Yeah, right.
>> That that number's just we'll bring it down to earth. XRP is going to I I think $4 easily. 5 to7 is my prediction. Uh Salana's $1,000 coin. I think Salana is underpriced. I think Suie is comfortably going to $8, possibly $10. Uh if Sooie gets more momentum, it's going even further. B&B, a powerhouse coin, a spectacular coin. I've loved B&B for years. I was buying B&B at $30. Um, and that's comfortably going back to $1,000. Uh, and ADA, look, ADA's I I love ADA. I've interviewed Charles Hoskinson. I love the community. I love the project, >> but it's been around for so long. And you can see that you get on ADA. Like, what's happening on that chain? It's just a ghost.
>> Honestly, there's just so much competition.
>> There's so much competition and >> it's too much block space and not enough demand yet, right? Like, I guess you need you need more apps. It doesn't matter what the technology is, you need people to use it. It doesn't matter how good your back end in is, how good your marketing is, how good your logo is. If people aren't using it, and money's not coming in to buy it, it's not going to go up. So, ADA, look, I want ADA to go to $5. But let's worry about crossing the $1 mark first. It's currently at 83. I I think Polka Dot is done.
>> Okay. Yeah, this is fun. This is fun. Keep going.
Well, it's interesting if you look at the relationship between Ethereum, Cardano and Polka Dot. As people know, you had Charles Hoskinson, Vitalic Bhutaran, and Gavin Wood. They were all working on Ethereum together. They broke up, per se. Vitalic stayed with Ethereum. Charles went with Cardano. Gavin went with Polka Dot. Those are your three big contenders there. But the truth is you can see that even Tron, if you look at the global charts, Tron is doing much better than both Polka Dot and Cardano. We're looking at the global rankings here. We're going >> market Tron's got stable coins and that is the biggest narrative in in crypto other than crypto digital asset treasuries right now.
>> And and it's also got very low fees when you're using the network. So if you're if you're transferring money across the network and you know you can choose different networks the Tron network is actually quite effective and it's quite efficient and it's quite cheap. Now there's a lot of controversy around Tron. I've got no issue with that. If you look at the the allegation of forging a white paper years ago that was I think in the 2017 cycle. That's how far it goes back. But over time it the truth is it kind of works and there's a lot of competition when you look at Salana. People say Salana is the the retail Ethereum and Ethereum is the institutional Ethere Ethereum. Meaning the big boys, the big institutions, yeah, I do.
>> They use Ethereum. If you look at all the high-end players, they're using Ethereum. But if you look at the crypto casino and the meme coins, they're using Salana
>> because, you know, you can make a memecoin on your phone in bed at night and launch it and away you go. So, and people get angry at which one's better, and it's like it's not better or worse. It's just different. The big boy in smart contracts is Ethereum. And the big players, the serious money, they're using Ethereum. The the retailers and the dens and the crypto bros, we're using Salana. And of course, there's big players coming to Salana when they can see that there's a buck to be made, but who's using Cardano? Even though Cardano is a spectacular product, who's using it? No.
>> And so, yeah, exactly. So it actually doesn't matter how good your coin is. What matters is who's using the bloody thing.
>> Yeah. Yeah. Of course. Especially as we enter this next phase of true adoption, right? Maybe up until now it didn't matter as much, which is why we do have so many coins that are in the top 50 that are zombie chains because yeah, you could just ICO, have good marketing, have good community, good engagement, and then you could build a token that could go. But not anymore. I do like the I keep hearing from my community right now that everybody's like make more Salana content like talk more about Salana you're talking too much about Ethereum right and it's quite honestly I mean you know being in media that's just all everyone wants to talk about right now right so there's not as many people that want to talk about Salana right now and and Ethereum does well does better right now in the uh in the search terms so but when I look at it I think that I think the exact same way about Salana that I felt about Ethereum just six months ago which is like everything's fine I I am very bullish on Salana and even if Salana only got retail and Ethereum was the institutional chain. There's a lot of growth, ton of growth from here for that for that use case. And so I like your your predictions there because what stood out to me about your predictions were ETH and Salana were two of your largest predictions in terms of their their multiple from here. I was trying to do the quick math but I couldn't keep track of them all.
>> Yeah. Salana's doing I think Salana's comfortably a 5x from here. Yeah.
>> And Ethereum's at 2 to 3x from here.
>> And and I add on this Jay is that to everyone out there, I remind you not to get tribal. And and we're all guilty of it. We're all people. It's like, "No, my coin's a better coin." I I remind everyone here in the first instance, you are here to make money. These coins don't love you. They're not your wife. They're not your husband. You're not cheating on them if you get another coin. But many people fall into this tribe. They're like, "No, it's XRP." No, it's this coin. It's like it's just code, kids. It's all right. Everyone relax. And I can tell you very, very honestly and bluntly, the big boys don't discriminate against profits. As long as you're not killing women or children or puppies or kittens, it doesn't matter. Do you think that the big boys are crying over no Microsoft is better than Apple? They're like, I don't care. I'll just Are they both going to make me money? Yeah, I'll buy both stocks. And when it comes to crypto, something happened in the crypto bros mind. Don't worry, I've been here as well where we we started to see these coins as our religion, as our family, as our wife, as our child. And it's like, it's none of that. It's just a code. It's just a product. It's just numbers on a screen. It's just an ecosystem. Now, if you can make money on both Salana, Salana, and Ethereum, go for it. Like, don't discriminate against profits. Don't discriminate against profits because these coins don't know you and they don't care about you. And that's liberating. But some people get lost in the narrative. They get lost in the tribe and and they will go down with a ship to say, "I will never ever buy any other coin because that coin's bad and my coin's better."
>> Have fun staying poor.
>> It is It is the It is a dangerous mindset to take, but I get why everyone gets trapped in it. Making money is awesome and exciting, and that's how everybody feels uh when they're when they're when they get tribal. it's because something everyone that's tribal made money on that token and they're just they're in it for the long run. Uh but I agree this is tech and that's why all the things that are happening with institutions and with uh regulation, it's very easy to look at them and there's some of those that are not for decentralization and not setting up for the necessarily the long-term ethos of crypto, but we need those things to create adoption to get this tech to the world. And that is more important to me than my coin or my token in the end. Cuz yeah, as you said, we came for the money, but we stay for the revolution. As you said, that's why we're you and I are still here at least. Thanks for watching. Make sure you subscribe to the Milkro Daily YouTube channel. And if you enjoyed this clip, you can watch the full episode here. [Music]