📚Five reasons 2018 could be the best year yet for cryptocurrencies
Despite the pessimistic start, 2018 promises to become very successful for crypto investors. Why? Here we go🔻
1️⃣ The work on scaling issues
More and more second-layer projects are coming to solve the problems bitcoin faces — scalability and lack of liquidity. And this, in its turn, can cause a significant spike in BTC.
2️⃣Large scale and more legitimate ICOs
More legitimate ICOs will lead to greater interest in ether as we are already seeing with the billion-dollar ICO of Telegram and that of Kodak. That means we could see a rise in the market cap of Ethereum to $200 billion by the end of the year. The cryptocurrency's price could possibly double to $2,000.
3️⃣Regulation
Many believe regulations hurt markets, but that is a short-sighted perspective. In the long run, companies require rules for the sake of legal stability and certainty. Regulation gives users and institutional clients the confidence to invest.
4️⃣A lot of execution and usability
There are several start-ups that offer debit cards to help people spend their cryptocurrency holdings. That means the number of users and merchants is set to increase sharply in 2018.
5️⃣ Institutional investors
It is estimated that $10 billion to $12 billion has so far flown into the crypto ecosystem, but that's nothing compared to what institutional funds could invest. Since those first funds propped up the market to around $500 billion, the next $10 billion to $12 billion, which is peanuts for some funds, could double the market cap this year.
🔥🔥🔥
@AltSignals
Despite the pessimistic start, 2018 promises to become very successful for crypto investors. Why? Here we go🔻
1️⃣ The work on scaling issues
More and more second-layer projects are coming to solve the problems bitcoin faces — scalability and lack of liquidity. And this, in its turn, can cause a significant spike in BTC.
2️⃣Large scale and more legitimate ICOs
More legitimate ICOs will lead to greater interest in ether as we are already seeing with the billion-dollar ICO of Telegram and that of Kodak. That means we could see a rise in the market cap of Ethereum to $200 billion by the end of the year. The cryptocurrency's price could possibly double to $2,000.
3️⃣Regulation
Many believe regulations hurt markets, but that is a short-sighted perspective. In the long run, companies require rules for the sake of legal stability and certainty. Regulation gives users and institutional clients the confidence to invest.
4️⃣A lot of execution and usability
There are several start-ups that offer debit cards to help people spend their cryptocurrency holdings. That means the number of users and merchants is set to increase sharply in 2018.
5️⃣ Institutional investors
It is estimated that $10 billion to $12 billion has so far flown into the crypto ecosystem, but that's nothing compared to what institutional funds could invest. Since those first funds propped up the market to around $500 billion, the next $10 billion to $12 billion, which is peanuts for some funds, could double the market cap this year.
🔥🔥🔥
@AltSignals
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Sorry Telegram was down worldwide 🙁
BUY : 1450
SELL
Tg 1 : 1651
Tg 2 : 2058
Tg 3 : 2465
#bittrex
Sorry Telegram was down worldwide 🙁
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🔺 With over 500,000+ active users, Cool Cousin is a VC-backed p2p travel agency connecting travelers with locals for a direct and unbiased exchange of information and services. With 250% growth in 3 months + 80% organic growth.
✈ Join the ICO that's shaking up the biggest industry in the world - TRAVEL ✈
📌 Featured: NYTimes, LATimes, TechCrunch, The Guardian, National Geographic & many more MAJOR news outlets
📌 Selected as USA Today best travel & picked by Apple as app of the week
💥 Very lucrative private sale - closing in 48 hours (PM @itamarw) 💥
💥Join Cool Cousin's telegram group* http://t.me/CoolCousin 💥
💥 Cool Cousin's ICO website 💥
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#BTC UPDATE: Bitcoin has dropped to 10,420 and it is not ruled out that it will go down to 10,275 before climbing.
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