Bitcoin “mania” expands — Exchanges adding 100k-250k users/day
As predicted, 2018 is at a crazier pace than last year with investor sign ups at exchanges around the world. They simply cannot keep up with demand at this point.
Binance is onboarding 250,000 users/day and conducting $9.5 billion of crypto trading volume activity.
Coinbase is well over 100,000 during the holiday rush and is now trying to do thir best to on-board these users which does take 10-15 minutes per user (when all is good).
So what does this mean? One can gues that more users will be looking to make their investments in crypto only adding to the price action and movement in each direction.
The crypto rocket is being fueled from all directions. More users and more money from all countries and Wall Street has their futures contracts, ETF’s and big money now has a place to go.
Are we ready for lift off?
it's been quiet for a while, maybe it is time to accumulate btc again
Never know...who will shine. Just from an appreciation perspective, Litecoin is my 2018 pick :-). We will see.
I agree @floridanow it's definitely time for lift off and I believe we're already starting to see the effect as the market as a whole is about 200B away from 1 Trillion dollar market cap. It's truly crazy to think about and will be interesting to see how much growth there will be here in 2018
I feel the same....people want in on returns....especially when there may be some doubt in what the stock market may do after the past 8 yrs of up markets.
I couldn't agree with you more. Not only is it a lucrative market at the present time but also with time may appear to be more stable. I say this from the perspective that its less vulnerable to mass market manipulation comparatively to wall street and don't have to worry about deflationary pressure from the central bank. Now only time will tell of course if this is true but I do suppose these are only some of the reasons that support the rapid growth within this market place.
Well said
Wow! The future is already here!
We are living it my friend.
Really happy to be a part of it.
Excelente post amigo, muchos éxitos para tu blog saludos desde Venezuela:)
De nada :-) I will talk more about Venezuela as well :-)
Excelente mi hermano,te invito a pasar por mi blog como yo lo estare haciendo por el tuyo:)
We're getting an influx of all the people who missed the first few waves, but don't want to miss the next ones.. ;)
People can only be ignorant to crypto for so long.. before they realize it's here to stay and it's a much more viable option than their shitty fiat, long-term..
Great post! 2018 is indeed bright and off to a great start!
:)
There is something for everyone. For the past six months plus, the alts are the “darlings” and there certainly seems to be no slowdown. The Bitcoin / litcoin products will change and offer more capability as well. In addition to above, I should have mentioned just wait until Facebook and Amazon get in on the action.
@ayusor...thank you very much...appreciate it :-)
This is very informative for me! So, this year is going to see lots of fireworks in crypto world!
Thanks for sharing.
Very true. Dramatic up/downs in this battle.