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Ethereum to DESTROY Bitcoin 2021 (Most EPIC Dogecoin Dump) - YouTube
Channel: BitBoy Crypto
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welcome to bitboy crypto the largest
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my name is ben everyday on the channel i
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enter the contest
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man we ain't slowed down bit squad i
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love you appreciate you this is our
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sunday morning drive video
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where i drive to church and i tell you
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about cryptocurrency
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uh guys here's what's going on right now
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we need to be talking about
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two things right now kind of three
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so let's actually start by uh going over
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dogecoin i'm gonna reiterate some things
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i've said about ethereum classic
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someone who agrees with me who is one of
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the most well known people in all of
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crypto
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and then of course i do also want to
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jump into ethereum
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we're going to be talking about what is
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different this time around for ethereum
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can ethereum actually pass bitcoin let
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me give you guys
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some interesting numbers to think about
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when it's going to hit 5 000
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uh and then what's going to happen with
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the london hard fork so we're going to
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try to get it all in in eight minutes
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see if we can make it happen so first
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and foremost let's talk about what
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happened with dogecoin
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so last night elon musk came
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on to saturday night live pretty much
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poked fun in dogecoin all night
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um from the opening monologue where his
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mother said she was hoping that her
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mother's day present wasn't dogecoin
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all the way into um the
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weekend update skit the new skit where
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he tried to explain dogecoin
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and uh he couldn't do it so obviously
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all this was scripted
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it was written for him um i'm sure he
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wanted
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had input wanted to talk about dogecoin
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referred to himself as the doge father
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uh but guys it didn't land real well it
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hit it
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it rarely ever does so the thing you got
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to remember
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and on this i'm going to tell you i'm
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going to tell you one thing i learned
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when i was a kid
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or when i was a teenager
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hate the games not the player i told you
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guys
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this was going to be a buy the rumor
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sell the news type event
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it's buy the hype leading up to the
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event
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and then sell right before the actual
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event because it never
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lives up to expectations this morning i
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saw
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uh dogecoin was trading back around 47
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cents
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uh i had sold um let's see
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uh 88.5 of my dogecoin before
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saturday night live last night then the
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rest of it i'm just going to hold on to
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it was worth about what i had left was
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worth about 16 000 it's probably worth
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about
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about 10 000 now but i made money i
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bought it 36 cents
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i sold half of it at uh
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62 cents i think i sold the rest of it
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um another i i sold uh 75
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of what i had remaining after my
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original sell
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i did that at about almost 70 cents so i
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did really well i made
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you know maybe like 50 000 total
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somewhere around there
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and it was good i liked it it was a good
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move now people are starting to wonder
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like
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what's going to happen now after this
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saturday night live thing for dogecoin
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and i just
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predicted uh several days ago that i
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thought we were gonna see accumulation
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for a while and then eventually we will
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see the price of dogecoin
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start to head back up now the question
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is where are these profits going to
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these profits are going to be moving out
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of dogecoin and most likely
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moving into other projects that are
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available on robinhood
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barry silbert the brainchild behind the
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grayscale bitcoin trust and all the
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greyscale trusts he's the one who
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started greyscale
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he believes that ethereum classic
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is the next target so i have been buying
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ethereum classic up
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um i bought another fifty thousand
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dollars worth yesterday shout out to my
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boy todd he called me and said hey man i
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bought this ethereum classic and it's
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dumping what do i do i said just hold it
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big fella
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big fella just hold it and when he
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called me you know what i did
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i turned around i said let me go buy
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some more of this so
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we got a beamer coming up on us
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[Music]
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that's going to be that ethereum classic
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right there it's got we i don't know how
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fast we got but it was not over 100 i'll
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tell you that
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so anyways the fact is that uh this
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beamer thought he was coming up on me
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thought i could do something
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so i bought a bunch of ethereum classic
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at that point uh around 110 bucks i
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think this morning's training around 117
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120.
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so already making money on that trade
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and guys this is reward thing like i'm
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just saying like hey
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what's gonna happen here if i miss out
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on another pump
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on ethereum classic what happened with
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dogecoin so that's what i'm doing i'm
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buying ethereum classic very silver
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degrees with me now let's talk about
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ethereum
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read a very interesting article this
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morning about
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ethereum and what's different this time
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around the two
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things that we're seeing that we did not
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see in 2017 for
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ethereum that's going to lead us to a
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question
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about where ethereum can go the two
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things that are different during this
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bull run
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number one institutional money flowing
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into ethereum i've been telling you guys
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this for a while
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the institutional money is coming in we
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have van neck actually evolver the first
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ever
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american um ethereum etf
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so we'll have to see what happens with
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that um but
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uh in addition
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yes in addition the other thing
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that ethereum has going forward that it
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did not have going for it in previous
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years is that we now have
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actual applications there are ways
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for people to actually make money in
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ethereum
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without being super risky without having
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to do a lot of the risky things
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like leverage trade or anything like
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that you can simply yield farm you can
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stake there are actual applications for
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ethereum
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not even to mention decentralized
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exchanges indexes we have that those
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going for us now so
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everything you want to do on a
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centralized exchange you'll soon be able
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to do decentralized the article went on
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to say that one of the most interesting
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things about ethereum is it has
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all the hallmarks of a tech giant
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google facebook uh you know
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any amazon it's got all the hallmarks of
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a tech behemoth
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with no evil people behind it because
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it's decentralized now
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i'm sure there's some people behind it
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that are evil if it's decentralized that
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means everybody's involved in it
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but the fact is there's not one central
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entity behind it that has ulterior
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motives
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to collect data private you know violate
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your privacy
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those are all the things that it's
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against
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that ethereum is against that's what
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decentralization's about so that's very
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very interesting
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um now one of the as far as price action
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goes where is the price going now
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uh yesterday when i saw was at 39 50 i
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almost had a brain aneurysm
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because i couldn't believe it i thought
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it was a glitch i went look and saw that
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massive pump and man my bags were packed
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and thrilled
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uh but the question is where is it going
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from here well a lot of people think
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and i've given you this timeline five
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thousand dollars by the middle of june
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that's what i'm looking for somewhere
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around the middle of june
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i'm looking for around a 5 000 ethereum
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right now we're actually ahead of
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schedule i believe for this
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everything is looking good we may have a
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dump at the end of the month so it's
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important that we
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get above four thousand dollars which i
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think we're going to do very soon
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uh bitcoin still been trading sideways
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but you know there are people now saying
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like ten thousand dollars is almost
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a given at this point for this cycle
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which i've told you guys
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for a while that's my absolute bottom
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price i think fifteen thousand dollars
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is a good bottom prize as well but i do
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still believe in a twenty seven thousand
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dollar theory by the end of this year
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but all this leads us to a question can
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bitcoin can bitcoin be passed
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can aetherium flipping bitcoin that's
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what we call it in crypto when a market
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cap gets flipped
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now right now ethereum
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is only all it has to do from here is 2x
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it's market cap and it would be
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approaching bitcoin now the funny thing
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is
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if you look at the difference between
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binance coin and ethereum
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it's a much wider cap than that between
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ethereum and bitcoin
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so do i believe that ethereum will flip
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in bitcoin
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during this cycle i i don't think so i
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i personally don't think it's going to
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get that close
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up but i'm starting to believe it is a
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possibility because the interesting
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thing is when you look
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at what ethereum has done approaching
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seven percent one ethereum approaching
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seven percent
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the price of bitcoin i believe
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that eight percent would have been the
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top for this market
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but it's looking like now ethereum is
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going to be able to climb much higher
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than eight percent whenever it does peak
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near the end of the cycle
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we are now looking like it may get 10 to
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12 percent
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which would be absolutely insane that
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means ethereum
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could pass 27 000 and could be looking
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at forty thousand dollars that would be
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insane i couldn't even imagine that so
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drop your comments down below i wanna
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know what you guys are thinking
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you're gonna see from ethereum i wanna
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know a price prediction down below what
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do you think is gonna happen next for
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dogecoin
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drop those down below that's all i got
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be blessed well
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