Page 1 of 3
Who would have thought that bitcoin would rise to $15,000? Even the famous crypto guru was wrong – but now he dares you with ten surprising predictions for 2018.
Augurs live dangerously. Especially when they are making their predictions in the unpredictable field of cryptocurrency. Understood Don Tapscott (photo below) Hair, Co-Founder and President From the Blockchain Research Institute in Toronto, Canada.
When he and his colleagues claimed at the end of 2016 that the value of bitcoin would triple in the next year, the think tank received a lot of rancor. “You’re crazy” was one of the friendliest comments on social media. The most popular digital currency is now at $15,000 – much more than the $2,000 projected by Tapscott & Co. for bitcoin. Cryptologists correctly interpreted the trend. But they were still miles away from reality.
However, they didn’t let that discourage them, and now they dared to make ten cryptocurrency industry predictions for 2018 that make them think. American Quartz magazine List these:
1. Bitcoin crash does not happen
Tapscott also predicts volatile cryptocurrency prices. But he assures that there will be no major collapse. Because in the meantime, large investors can no longer ignore digital currencies, which opens the way for institutional money. In 2018, this money will flow into the top ten cryptocurrencies and firmly establish themselves as an asset class.
2. Blockcoms are starting to appear
The Blockchain Research Institute asserts that the technology behind digital currencies such as Bitcoin and blockchain will continue to triumph. It is not just the financial system that is changing from the ground up. But also trade, transport, industry, media, education, government and democracy.
Along the way, many “blockcoms” will appear, similar to “dotcom” companies in developing countries. A few of these will one day establish themselves as market leaders, according to forecasts. Like apples and amazon of tomorrow.
3. The Internet of Value is Emerging
Critics see cryptocurrency as a major scam; However, the view is growing that bitcoin, for example, is suitable as a means of payment and as a store of value. Tapscott and his masterminds see the beginnings of the “Internet of Value” here, which allows for decentralized storage of wealth.
New platforms such as Cosmos, Aion, ICON, and Polkadot are supposed to do so. Their solutions already take into account important requirements such as scalability, governance and bridge functionality between different application domains.
4. We’ll soon be celebrating $10 billion in Olympian currency
The largest initial coin offering raised about $257 million from investors in 2017; Overall, the size of the ICO last year was $3.5 billion. Tapscott predicts that these milestones will be obliterated in 2018.
What types of stocks will generate the highest returns in the near future?
Small and medium caps
No posts at all