Quiet Year In Bitcoin and Cryptocurrencies
We know more about the moon and stars than what lies ahead in the future with Bitcoin, change will happen, how quickly no one knows.
Bitcoin bubble or boost: $30,000 – Bitcoin price prediction 2018 from a financial analyst (BTC Forecast News) -Sat Nov 10
Imran Wasim, a financial analyst at AMSYS Group, told News BTC he was far from downbeat, predicting cryptocurrency will become “more mainstream” in 2018.
Oliver von Landsberg-Sadie, the founder of cryptocurrency brokerage BitcoinBro, said bitcoin is simply experiencing “growing pains” as the marketplace matures.
My Thoughts:Bumpy ride to year end with slight up in price possible, slow growth going into the new year, well worth while watching and waiting Bitcoin is in throes of major adjustments by corporate, bankers and politicians taking notice during this year.
Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?”
“Cryptocurrency will go after trillion dollar markets — these are finance, healthcare and insurance, banking and investment banking, and governments.”
My Thoughts Plenty making predictions on growth, most feel the time of adjustment has been excellent for the market to adjust and rectify blatant errors made within the first 10 years of Bitcoin being on the market. This article presents some good ideas to ponder over, combining Bitcoin, Blockchain, Smart Contracts and AI artificial intelligence to create a perfect bureaucracy.
Half of richer, online South Africans want to buy cryptocurrencies – here’s what’s holding them back
A study into cryptocurrency adoption in SA found roughly three in four people who are online, and on the richer end of spectrum, are familiar with digital currencies.
Bitcoin remains the best known and most popular, with the likes of ripple lagging behind.
Half of respondents want to buy digital currencies but are held back by trust and security concerns.
My Thoughts Interest in South Africa is not lacking, scams, news blown out of all proportion have delayed interested parties becoming involved. Advice I always use for myself is if you have some Bitcoin, keep it safe, if you involved in cryptocurrencies and feel happy with where you are and why you invested keep supporting the crypto market. Keep learning and sharing new information to attract consumers, education is sorely lacking, the more discussions made to assist others before Bitcoin or Crypto does reach unattainable levels for the average person.
Quote for Today:
“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” —Leon Luow, Nobel Peace Prize nominee
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