The Future of Cryptocurrency

[Surge_Dev]

The prospective point of return of traders to reliable Bitcoin crypto currency, can come in the shortest possible time. It is rather difficult to call a weighty reason for the cheapness of a crypto currency. The optimal interpretation of what is happening is a smooth transition from the weighted average Bitcoin rate to the price adjustment phase, after which a period of colossal success

[Rrotess]

I think the technology has been develop and grow to a better ways, and it makes the transaction become more and more effective and efficient, and crypto bring the transaction system to the whole new level, the problem is now lies in the governments decision, lf they see it with clear mind then the crypto can grow better and expand its potential to the maximum level

Cryptocurrencies had proven to us its better ways thru effective transactions down to receiving a lots of money. And yes, it is for the government to decide what next.

But we really need to know more for us to gain more.

[gayan7788]

crypto is the future ,btc is last down trean,i think future is clear ,i hope btc is next target 9500-10000,

[Jedzkie050617]

Undoubtedly, we are expecting explosive growth in the price of crypto-currencies, since after the next steps will be the launch of futures for Etherium, which was also the subject of talks in the market, "says the co-founder of the VCT World project

I always hope the best for the mate, I think cryptocurrency will become more popular than ever. Hope yhis market will grow because it really helps alot to earn extra for their family. I have huge confidence that crypto will last for many long years.

[localcrypto]

cryptocurrency is future of banking and any documentation in government or else corporate data through the help of blockchain data management can be help efficiency and more industries will follow the blockchain model

[JohnWick_Bitcoin]

Crypto will grow with the advancement of technology. All will believe in crypto and its uses. Many companies are already using blockchain technology to make it easier in terms of work.

You are right, the technology is keep on growing each day and because of that, we can expect for a better future of cryptocurrency because most of the people will prefer to use bitcoins since it has faster transactions and the price is also increasing as the time goes by.

[Aidan Martin]

The future of Cryptocurrency is bright. However this revolutionary new form of currency does not benefit all systems of power and control that are currently in place. It's hard to tell what fight will be put up in order to control cryptocurrency and the obstacles that will need be overcome to solidify its presence in our everyday life.

[Lloyd Jacksok]

Bitcoin has already crashed once, when its price fell from $1200 to $173, but as we see it has more than recovered. A drop in price does not mean that it’s game over, as it was for the 17th century Dutch tulip industry. Cryptocurrencies have had major sources of investment poured into them and the blockchain industry as a whole, and the technology is evolving all the time to make the market more diverse, safe, and open to all.

[Dominic_King]

While Bitcoin experienced a drop in its prices, a cheaper cryptocurrency by the name of Ether reached its all-time highs at $40 a unit. While Ether’s current setup prevents it from being used as a direct method of payment, the cryptocurrency still seems to have a bright future ahead thanks to the concept of smart contracts. In the meantime, more privacy-concerned cryptocurrency alternatives are starting to gain prominence in favor of institutions such as Bitcoin, which despite their vigilant security measures, continue to have loopholes that could be exploited for access to personal data.

[Abeleez]

Some of the limitations that cryptocurrencies presently face such as the fact that one's digital fortune can be erased by a computer crash, or that a virtual vault may be ransacked by a hacker, may be overcome in time through technological advances.

[teleskopta]

Crypto currencies are good and the future is bright because investors are happy to invest in this currency and in the future crypto will use more than paper money while doing this we can become successful in future.

[Kanda Yu]

In recent years, blockchain technologies have given rise to a new industry. Numerous fintech startups create innovative solutions to radically change the world which we live in today.

SWIFT 2.0 on Blockchain

Ripple Labs, Inc. – a company developing cryptocurrency of the same name (Ripple) – is a good example of how the blockchain can be used to transform the landscape of modern financial transactions. Ripple solves the existing problem in the world of finance.

Today, we can send letters instantly by using emails instead of traditional postal service. We can send any information to anywhere in the world in one click. But we can’t say the same about money. We can’t make a transfer of money from a sender to receiver as fast as a transfer of information. The existing solutions that the current world can offer are very slow and expensive.

If you want to send, say, $10,000 from New York to London, it will be faster to take cash, go to the JFK airport and fly through the Atlantic on the plane. Because traditional interbank transfer will take from 2 to 5 working days.

Ripple makes cross-border payments faster and cheaper. It takes only 4 seconds to make a transaction through Ripple blockchain network, and it costs at roughly $0.0004 even for the amount of hundreds million dollars.

Crypto Derivatives

Step by step, cryptocurrency is being recognized by the traditional financial world as a new kind of digital asset with many benefits. Wall Street approached crypto by establishing derivatives contracts. In December 2017, the two largest U.S. Futures Exchanges – Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) – launched futures trading on Bitcoin. This opened up crypto-market for big money of institutional clients and hedge funds.

Since the launch of futures, there has been a heated debate about the expected Bitcoin ETFs on New York Stock Exchange (NYSE). If this is launched, you will be able to buy shares of such ETFs as stocks which price will be correlated with the price of Bitcoin.

Next level of crypto derivatives is option contracts, both options on Bitcoin futures and options on Bitcoin itself. Whilst CBOE and CME are still discussing the possible launch of options on Bitcoin futures, the Bitcoin options already being traded on several crypto-exchanges such as LedgerX and Deribit.

After the Bubble

The tech sector of U.S. stock market is determined by the NASDAQ indexes that include stocks of numerous tech companies, and many of them were born during the famous Dotcom bubble in 1995-2002.

At its climax in March 2000, NASDAQ Composite index peaked at a high of over 5,000 points and then lost about 80% of its value dropping to a low of around 1,000 points in October 2002.
A new all-time high has been reached only after 15 years in 2015, surpassing the level made during the Dotcom bubble.

The charts of NASDAQ index in 1999-2000 and Bitcoin price in 2017-2018 are incredibly similar, with the only difference that velocity of Bitcoin price increase is several times faster than the velocity of NASDAQ growth.

Many companies created during the Dotcom bubble were really ahead of their time. For example, Amazon, which was founded in 1997 as an online bookstore, is now among world’s top-5 tech companies. Amazon has finally become an integral part of lives of the most U.S. residents but this has happened only with the passage of time and the introduction of the Internet into everyday life.

The same happens with Crypto now. Today, the blockchain technology is really ahead of its time. It is possible that after several years many blockchain projects will be implemented in the real world, and Crypto will emerge from a new Renaissance. Until then, the Bitcoin price can possibly suffer decline and continuous depression, just as NASDAQ did.

The recent sharp drop in the crypto market caused the decrease in volatility and the decline in public interest. The initial excitement is gone now and the market has calmed down. This is a sign that the new market is moving into the maturity phase.

Big money like quiet markets. So, news has begun to come that hedge funds with the money of Soros, Rockefeller, and even Rothschilds family are moving into the world of crypto.

These financial sharks seem confident in the bright future of crypto-markets. And the most interesting time is yet to come.

Read full article here: https://bokka.com/cryptocurrency-news/the-future-of-cryptocurrency/

We can all make assumptions over what will happen with crypto in the future but we should still remember that those assumptions we are making are not yet assured since things here in crypto world are very confusing. Just take a look on what's happening now, no matter how much we say things will get better, things are still getting worst but that doesn't really mean we should stop hoping, we can and we should.

[celakkenyang]

I do not know how in the future crypto will become a pre-eminent investment world or a failed project in the future. in the presence of cryoto allows everyone to transact using crypto.

[Cassy14]

future is future! we dont know what will happen.
what we want to know is to what will happen later.
weve been in difficult time but never to regret.

[Bakemat]

Crypto currency has a greater future no doubt and we have already seen it since the inseption of Bitcoin in 2009 ehen its value was below a dollar and now above $8,500 as at time of this post.

Yes i agree on that, there are more countries today who are legalizing cryptocurrency and if bitcoins will be starting to pump up again today then there is a huge chance that $20k dollar might be surpassed due to a huge demand of investors in the market.

[bitcoinrays]

cryptocurrency is future of banking and any documentation in government or else corporate data through the help of blockchain data management can be help efficiency and more industries will follow the blockchain model

I get to see some optimistic sparks in your words and I do agree as well because with successive years passing, the rise in the values of crypto will continue to happen and I think in future, all the countries as well would have accepted crypto which might get even more exposure to the technology. Even in the current year, Bitcoin and many cryptos are expected to rise and make the market quit warm for transaction.

[Lubang Bawah]

I am confident and optimistic that the future of cryptocurrency will continue to improve, with increasing transactions and new investors making the price of cryptocurrencies more expensive and this is certainly a good indication that crypto investment is very profitable.

[nurbay]

I see a little doubt with Cryptocurrency in the future.
The legality of Cryptocurrency mash is questionable, many governments in many countries still have not allowed Cryptocurrency to be used in some countries.
Currently, there are many new Cryptocurrency that causes the number of coins in Cryptocurrency market.
I'm sure there will be a diversity of coins that are scattered and make many people confused with these coins.

[bololord]

Bitcoin has a good and sustainable future as it does today with investors who continue to invest in bitcoin to make bitcoin skyrocket and so good that bitcoin can survive for how many years to come even centuries.

Yeah I believe that to as long as people keep supporting bitcoin for sure bitcoin can last even a centuries and we cannot deny the fact that many people become interested to used and invest on bitcoin because its like for them it's like an assets that can very useful for the future.

[Pubudu Isha]

A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to reality with the creation of Bitcoin in 2009.I think the technology has been develop and grow to a better ways, and it makes the transaction become more and more effective and efficient, and crypto bring the transaction system to the whole new level. Day by day The system and creative technology will Invent A Super Position. Already It has a Bright Future.