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If you will look at the cryptocurrency market, you can immediately see that the market almost always fell, but always turned around and began to grow, this is the only thing that now gives us hope for growth, but times change and now everything can be different, so just sit and wait for the best. If there are no changes in December, we will have to count on 2019.
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I think that maybe the market will little recover at the end of the year, but I am not sure about that, in general, I think that now big players are not interested in making money on cryptocurrency, because if they wanted, they would have already started to invest in such a dead market and would easily at least double their investments, but they did not.
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It is already clear that cryptocurrency will be everywhere and is already spreading very fast, you can see how many countries are already using cryptocurrency technologies and speak very positively about their achievements, and the cryptocurrency is able to surprise with new technologies for a very long time, so in the future if everything goes well, the whole world will switch to cryptocurrency.
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It is difficult to say at the moment about such an option, now it is impossible, because for this it is necessary that all countries recognize bitcoin and make it legalized, and I do not think that this will happen because bitcoin is anonymous, so this is possible only without anonymity, but there is the chance that this will happen in the future, because blockchain and bitcoin technologies are already being introduced in all countries and this may happen someday. I think bitcoin could boost any economy.
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I think if this would have happened, then these cryptocurrencies would depend from the national currencies of each country, for example, 1 USAcoin would cost 1 dollar, and so it would be with all other cryptocurrencies, and about the growth of these cryptocurrencies, I think the governments themselves will control them and everything will depend from these governments.
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Now it is very difficult to believe in any company and make investments in any ICO, because most companies are scammers, almost always all tokens after ICO on any exchange are in ten times cheaper or even more and you will loose a lot of money and you will have to wait for the price of the token again to increase, nobody dont know if the price will cant still to grow someday, it may happen that all your investments will bring you only losses.
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I think that yes, because now we see how cryptocurrency technologies open up new opportunities and we can cognize and learn them and use them for our own needs. For example, I have been in this field for a very long time, but I seriously began to practice cryptocurrency only a couple of years ago. Until the cryptocurrency comes to the maximum level, if cryptocurrency has such a level, then up to this point we will all be early adopters.
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It is difficult to understand what happened, but there was a lot of news that could be related to this fall, it was possible because of the bitcoin cash fork, or perhaps because mining stopped in China for a while, in general here we can only guess what happened.
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