FORECAST: $ 50,000 Bitcoin and $ 1,000 billion crypto market capitalization by the end of 2018!
Multiple cryptocurrency experts predict $50,000 Bitcoin and $1,000 billion crypto market capitalization at the end of 2018
According to several crypto experts the volatile ups and downs of the last few weeks are only temporary. The bull market in cryptocurrency is far from over. Some experts from the sector predict that Bitcoin will be above $ 50,000 per BTC by the end of 2018 and the entire cryptocurrency market cap above $ 1,000 billion!
- Jamie Burke, CEO of Outlier Venturs - the first blockchain incubator in Europe - strongly believes that the crypto market will resume its upward trend after February. The cryptocurrency market cap will rise above $ 1 trillion before the real cryptowinter will begin.
"We believe after February the market will probably go on a bull run comparatively if not better than last year, potentially reaching the trillion dollar mark before a clean crypto winter sets in where the market is going to be more focused on proper market fundamentals."
- Thomas Glucksmann, Gatecoin, says that regulation, the arrival of institutional investors and the technological advantages of the Lightning Network will be the driving force for a rising crypto market.
“There is no reason why we couldn’t see bitcoin pushing $50,000 by December.”
- CEO of Hercules Tech, Mick Sherman, sees potential in the so-called utility tokens, user platforms such as IOTA, NEO and Ethereum.
“Utility tokens and assets with a working platform and a clear-cut reason for requiring both a blockchain and their own token, are more likely to appreciate in value this year. Some of these cryptoassets will not be used for years, meaning they have no utility value.”
- CNBC Crypto expert Ran Neuner also tweeted the following tweet:
I will see you on the moon!
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Most people seem to think that Bitcoin is going to lose market share but if the lightning network is a success and atomic swaps work well, I wonder if it will do better? $50k seems like a lot now but when it's been at $20k recently, that seems quite low.
$50k indeed seems like a lot but it is definitely not impossible. :)
Pretty sure we will hit ATH this year, if this happens FOMO is probably so strong we push the price even higher. With mass adoption coming and crypto going mainstream, which brings more investors, crypto can grow like previous years. This market is definitely not done! Good times.
Thanks for your comment mate, appreciate the support.
Right now it's all about holding on to your coins
Exactly!
$50,000 per BTC is entirely possible and realistic. Especially if the Lightning Network and mass adoption kicks in. And heard LTC maybe 1/5 of a BTC by the end of the year, that would be crazy if thats the case xD Great post and hope there is a bull market after February too cause I am getting sick of the ongoing downtrend bear market. I am still concerned about the Tether situation too...
We are recovering slowly now, hopefully this bull trend can last indeed. I do feel support for cryptocurrency is increasing again and we must not forget that this market has so much more room to grow with crypo going mainstream. If all happens as expected this will be a beautiful and profitable year for crypto!
Let's hope for the best
I'm not too worried about the tether situation, if it does cause another dip it will be bought up!
Thanks for your comment.
Cheers bro!
Yeah, it would be nice if the market recovers to where we were in December eventually but I would prefer mostly smart people entering the crypto market over people who FOMOs like crazy and then panic sells if it falls like 10% or so. And yeah I am looking forward to the upcoming bull market. Having full Litecoins, Verge, Cardano, Vertcoins and Ripples ready for serious gains and getting more while its still cheap :)
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Ran Neuner putting his name on the line. Seems like the waters have settled at least.
Yep we continue to go up, slowly but steadily. It's good news!
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I believe in $1,000 billion crypto market capitalization at the end of 2018. But I don't believe in Bitcoin
I can understand that opinion but I do think Bitcoin will remain one of the most popular cryptocurrencies of all time and with the limited supply and increasing demand; chances are Bitcoin still has a very bright future ahead, don't you think?
the future lies in cryptocurrencies with free transactions. in ETH I don't believe too