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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What next with the crypto market? on: September 05, 2018, 10:15:15 AM
Last year the crypto market saw a very unrealistic grow. But it was great news for adoption in the rest of the world. At the end of 2017 everybody new the word bitcoin. Some people even blockchain and a very small group did understand what blockchain is. No problem at all. But the authorities wake up and a large bunch of regulation measurements started. This looked bad news, but it wasn't for the long term. For further growth large corporate investments are needed. And corporates will not invest in an unregulated market.

Currently we are at the point that we wait for 2 things to happen:

1. The moment that corporates are able to step into the crypto market. Therefore it's needed to create e.g. ETFs. I agree this article that it's very unlikely the VanEck SolidX ETF will get approval from the SEC at 30 Sep: https://www.bullionstar.com/blogs/bullionstar/why-the-sec-keeps-rejecting-bitcoin-etf-listings/. I hope I am wrong.

2. The second trigger can be a realistic user friendly, widely accepted application. But we are far away from that point. Blockchain is used only at small scale currently.

If one of these preconditions are met we will see a serious grow of the crypto market. If not I expect continuation of the current situation without large growth.
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