And Bitcoin will go up to $40,000 dollars!

A kind touch of drama to alert of the revolution opportunists, on a talk a few days ago Llew Claasen, the executive director of the Bitcoin Foundation, alerted the audience saying that in his opinion, by the end of this year Bitcoin will hit the $40k usd mark, and 90% of the cryptocurrencies will fail. 

Taking his opinion with real interest, lets say that indeed 90% of current 1542 cryptocurrencies and company tokens will fail, that leaves around 100 plus projects will remain, survive and maybe become stronger. The top 100 at CoinMarketCap fluctuates a lot, but still this a good opportunity to reflect on what kind of coins have the potential to actually have a real future. What investment in the crypto realm has a team and product strong enough to survive a maturation on the investors mindset. 

In 2018 we see bigger projects taking form, meaning more competition leaving spaces to taker overs on market share, and more professionalisation of the sector,  with more regulations and big money being poured into the crypto market, more will be asked from it, the investors will claim a different type of relationship.  More scrutiny to crypto companies will leave the unprofessionalism in ones a label for possible scam, less transparent or small projects will be behind if not left out for legal validation which is a foreable frame.

On an interview with Business Insider Claasen  said that he believes that investors are already being more careful, declaring that “this is a problem the market is good at solving."

Which are your top projects you believe will survive? Please share your opinion in the comment section. 

Thank you for reading.

Cheers!