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Author Topic: [2019-02-14]2019: Paxful’s Predictions For Cryptocurrencies  (Read 134 times)
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February 15, 2019, 09:37:22 AM
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With the much awaited 2019, it is only a great time to reflect on the previous year and plan how to move the crypto sphere forward. Cryptocurrency economy celebrated its ten years birthday in the year 2018.

With this celebration, it attained a complete market cap of roughly $138.6 billion. Even with its volatile market, the top universal peer to peer Bitcoin marketplace; Paxful, noticed a huge climb in crypto activities by African users.

Moreover, about 6.5 million trades were conducted in Africa in the previous year 2018. This simply implies that an average of 17000 trades was executed in one day. When it comes down to the traded amount, South Africa is rated as Paxful’s fifth highest country.

In addition to these, the co-founders of Paxful are positive about 2019. They have even talked about what they are expecting in the crypto sphere. Ray Youssef; CEO and Co-founder also shared his predictions for the Cryptocurrency industry in 2019.

Read more : https://paperblockchain.com/2019-paxfuls-predictions-for-cryptocurrencies/
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February 15, 2019, 04:46:52 PM
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Africa is where crypto currencies should be taking off but sadly it hasn't taken off there yet. It will reduce poverty by taking financial control away from corrupt officials and using a global currency instead

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February 15, 2019, 06:15:17 PM
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Africa is where crypto currencies should be taking off but sadly it hasn't taken off there yet. It will reduce poverty by taking financial control away from corrupt officials and using a global currency instead

It is true that africa is flood of corruption, and this corruption does not seem to have an end in the next 10 years, but how would bitcoin and cryptos in general save Africa from the poverty that is being condemned by corrupt politicians?

Moreover, about 6.5 million trades were conducted in Africa in the previous year 2018. This simply implies that an average of 17000 trades was executed in one day. When it comes down to the traded amount, South Africa is rated as Paxful’s fifth highest country.

it is a very small number of African countries that are using bitcoin

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