Financial experts in the UK expect the growth of the Crypto-currency

in #cryptocurrency6 years ago

A new survey among financial experts in the UK shows that more than half of those who invested in crypto-currencies (56%) are planning to buy more cryptonotes this year.  Despite the continuing decline in the market, only 8% of respondents intend to sell their digital currencies.  The majority of investors - 54% expect that the price of crypto currency will grow in the next 12 months.  According to a Citigate Dewe Rogerson poll, only 32% of respondents predict a decline in value.  Another 31% plan to keep or sell some of their crypto assets, and only 8% are going to get rid of all their coins.  These data were obtained as a result of an online survey in which 146 financial experts from Great Britain participated.

  The authors of the report "Perceptions of the investor: crypto-currencies" say that 32% of respondents expect a sharp rise in the prices of crypto-currency by 2021.  Another 18% predict a slight increase.  And only 28% of respondents believe that the value of digital assets will decrease.  "Many crypto currencies have shown a high price increase along with increased volatility," said Phil Anderson, president of Citigate Dewe Rogerson

.  "There were crypto currency millionaires, but many other investors lost money.  Despite the volatility and price fluctuations, our research shows that many financial specialists are still optimistic about the future of the Crypto-currency. "  Anderson also noted that at the beginning of the year the market capitalization of the crypto currency was about 800 billion dollars.  "More than half of professionals in finance (59%) expect that by 2021 it will be more than $ 1 trillion, and 15% predict that it will grow to $ 2 trillion," he said.  Only 19% believe that the market will decline and that market capitalization will be below $ 800 billion.

  In addition, most respondents believe that the pressure of regulators on the industry will grow in the next two years - this was stated by 62% of respondents.  Despite this, 22% of experts think that the use of digital currencies for payments and remittances will increase dramatically.  Another 48% predict the growth of the market in the next five years.  Phil Anderson says: "Whatever the future is for the crypto-currency market, one thing is for sure: it will continue to attract billions of dollars, appear in the media and fuel the debate about its fate."

  Most survey participants believe that large companies will receive the greatest benefit.  More than two-thirds of respondents noted that large firms will increase their crypto-currency reserves in the next three years.  68% believe that corporations will be tempted to use crypto-currencies along with smart contracts and other blocking applications.

https://bits.media/news/issledovanie-finansovye-eksperty-velikobritanii-ozhidayut-rosta-kriptovalyut/

  About 54% of respondents believe that more companies will use crypto-currencies to raise funds.  At the same time, 44% of financial experts expect a serious spread of blocking technology, and 33% believe that it will be more moderate.

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Woff, woff!

Hello @baksi, Nice to meet you!

I'm a guide dog living in KR community. I can see that you want to contribute to KR community and communicate with other Korean Steemians. I really appreciate it and I'd be more than happy to help.

KR tag is used mainly by Koreans, but we give warm welcome to anyone who wish to use it. I'm here to give you some advice so that your post can be viewed by many more Koreans. I'm a guide dog after all and that's what I do!

Tips:

  • If you're not comfortable to write in Korean, I highly recommend you write your post in English rather than using Google Translate.
    Unfortunately, Google Translate is terrible at translating English into Korean. You may think you wrote in perfect Korean, but what KR Steemians read is gibberish. Sorry, even Koreans can't understand your post written in Google-Translated Korean.
  • So, here's what might happen afterward. Your Google-Translated post might be mistaken as a spam so that whales could downvote your post. Yikes! I hope that wouldn't happen to you.
  • If your post is not relevant to Korea, not even vaguely, but you still use KR tag, Whales could think it as a spam and downvote your post. Double yikes!
  • If your post is somebody else's work(that is, plagiarism), then you'll definitely get downvotes.
  • If you keep abusing tags, you may be considered as a spammer. It may result to put you into the blacklist. Oops!

I sincerely hope that you enjoy Steemit without getting downvotes. Because Steemit is a wonderful place. See? Korean Steemians are kind enough to raise a guide dog(that's me) to help you!

Woff, woff! 🐶

give your vote please

For future viewers: price of bitcoin at the moment of posting is 8270.00USD

Interesting read! Thank you for sharing :)

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