Cryptocurrency Market in 2018 - The Prediction. #price #ltc #trading #currency #xrp #market #mining #usd #cryptocurrency #market #bitcoin #ripple #altcoin #xmr #monero #coin #xml #currentprice #sale #future #target #forex #price#btc #blockchain.

Hello there,

I think the cryptomarket will be doing well in this year and it describes the content of the article is pretty well. So, I'm gonna say thank you for being with me and supporting me and let's begin with the first point which is the fact that the huge correction already happens. So, cryptocurrencies, I am talking mostly about Bitcoin because at the end the day, bitcoin is still the cryptocurrency that affects all the others when what happens. It's tends to grow in bubbles meaning, there is a major correction from time to time. We had quite off correction this year, so that one here and there one that was recent and was absolutely huge and we are still recovering from it now the longer. We are without the correction the more nervous markets tend to get because people are actually expecting the correction. So, they're more careful when buying. They buy less and are very eager to sell, whenever there's a major sign of correction does. That means, it's quite difficult to stay in a sustained growth of any significant manner. Now, the recent connection correction was one of the biggest in history if you compare it here, still in terms of percentage, I think, it was the biggest in 2017 in terms of the actual scale and it was absolutely massive when you compare it to all the other small Corrections that we had but as we know it was mushy caused by this crazy growth that we have seen in December. So, there isn't so, I do feel like because of that correction the market will remain bullish for a while probably until we hit that all-time high again and then people were probably started nervous and we're gonna see what, the price moves from there the second reason is the fact that companies will be entering ICO markets in a significant numbers so it does take a long time to prepare a good ICO with everything polished and planned out correctly.

Now, since ICS became mainstream last year it is expected that plenty of thing and even large businesses started to look into initial coin, offering probably several months ago. I would say mid to end of 2017 and that could mean that in 2018, once they are able to prepare everything, we could see more and more large companies actually running new ICS this year. So, where they have telegram and Kodak, for example, and I personally do feel, this is just the beginning and we might see actually huge companies or even the Giants of the industry starting to look into Kryptos and run their own ICS and they should certainly bring more money to decrypt the currency market and even can I increase the hype because you will probably hear on the news, if for example, companies like Facebook or Instagram decided to run their own cryptocurrency that would probably be over the news and that will cause people to look more into cryptocurrencies in general and that's certainly what we need to bring new and large money into Cryptos.

Now ICOs are also taking the second point and it's the fact that all of the ICS shirts start delivering in 2018. So according to the roadmap plenty of ICS that were running in 2017 should start delivering deep promises, they did in 2018. So, basically that means a lot of those projects, should have working platforms and actually projects that are using cryptocurrencies. We should have real-life applications of crypto and variety of apps or programs companies. if they are able to deliver those promises sure to remove plenty of fat which means fear or certainly doubt and plenty of people still believe that these are scams because odd to be honest. Most of them are not in a scam. They probably will slow tokens and at some point in the future. They're gonna say that the development failed and they cannot fulfill the promises. So, I feel that once the projects actually start providing working platforms then the view could change and people could actually see us as a legitimate way of raising money for good products and that would certainly mean that more septics people that don't really believe in cryptocurrencies for now should start investing bringing more money into the cryptocurrency world in general point.
Numer four, regulations now regulations might be introduced in 2018. Anybody for me personally cryptocurrency has always been about free market. The centralization and pretty much being a Wild West that also means that it open room for scammers and people trying to cheat and profit on others which you, for example, see on Twitter every single time, my enemy of the major people in the cryptocurrency world tweet anything. We're gonna see a series of scam understanding, if you send me like one serum, you're gonna get anything back obviously all those messages are scams and certainly something should be done because even though, you do have to be very gullible to fall out enough to fall for that it's still not good because some people will certainly do that any people. For example, you can just imagine, how many elderly would simply get scammed in that regard. So, I do feel some kind of regulations protecting customers could benefit cryptocurrencies by getting more mainstream people into it and second thing is the fact that governments should send clarified tax doors. It's still very confusing to get actual answers on how is it classified as income tax is and capital gains tax. It's difficult and I think most of the countries don't have like a specific laws. Everything is usually done on a case-to-case basis so that obviously, opens, you know, people don't really know how to do it. So, some people might just not do it and that's a crime. So, I don't do that so certainly they should try to make it easier for people to pay taxes on cryptocurrency because at the end of the day other government you probably want to benefit on, it not simply ban it because it's not beneficial.

There will certainly be government's trying to become the destination for the cryptocurrency investors either for a lower or lack of taxes and also the blockchain technology usage. I think whichever country can actually achieve that it's gonna you know potentially become a new kind of technology superpower in the future. So, I think it's certainly up to the government well you know to kind of estimate whether it's gonna pay off. If they, for example, remove all the taxes on cryptocurrencies, it could be a good move. If you think about it but you know only time will tell how well that goes. I do think, however, regulations in general should help a little bit as long as they're not extreme so you know, it's kind of double edged sword in that regard. Then we have adoption and the fact that I think in this year, we will see more crypto kind of user friendly project. So, first row cryptocurrencies are still very very difficult to get into. It's difficult to buy them and difficult to use them and difficult to sell them and I do think without making it easier, it's gonna be difficult to encourage lesser technical users and talking about mention people that are not that great of technology and computers if you simply classify cryptocurrencies or some kind of tokens like connector points. For example, I'm not sure if you people know who what is but you know that's that should certainly make it much easier to use it.

Summary:
5 reasons:

1. Huge correction already happened Cryptocurrencies (mostly Bitcoin) grow in bubbles meaning there is a major correction from time to time: The longer we are without the correction the more nervous market gets since people expect the correction The recent correction was one of the biggest in history meaning people might remain with bullish sentiment for longer.

2. Companies entering ICO markets It takes a long time to prepare a good ICO with everything polished and planned out correct. Since ICOs became mainstream last year it is expect that plenty of existing and large businesses started to look into initial coin offerings several months ago. This could mean that we should see more large companies running new ICOs this year. We already have Telegram, Kodak and I feel that it is just the beginning. Those ICOs should bring more money to the cryptocurrency market.

3. All of the ICOs should start delivering According to the roadmap plenty of ICOs that were running in 2017 should start delivering the promises they did in 2018. This means that we should have working platforms and projects that are using cryptocurrencies. Companies delivering promises should also remove plenty of FUD (fear, uncertainty, doubt). Plenty of people view ICOs as scams but once the projects actually start providing working platforms then the view could change. Because of that sceptics could start investing bringing more money.

4. Regulations might be introduced While crypto has always been about free market and decentralisation that also opens room for scammers and trying to profit on others. Some kind of regulations protecting customers could benefit cryptocurrencies by getting more people into it. Governments should also clarify tax laws and make it easier to people to pay taxes on cryptocurrencies. There will also be goverments trying to become the destination for cryptocurrency investors either through lower or lack of taxes or blockchain technology usage.

5. Making crypto more user friendly Cryptocurrencies are still very difficult to buy, use and sell. Without making it easier it will be difficult to encourage lesser technical users. We need more services like Coinbase. Revolut and Robinhood for example recently added cryptocurrencies. There are also apps like Bread or Ethos in works. More shops will start accepting cryptos, there will also be crypto debit cards that will allow to spend cryptocurrencies in any shops that accept normal debit cards. One of the biggest obstacles is currently convincing people that crypto is actually viable money and not a scam so making it more user friendly should help that.

We certainly need more services like coinbase now recently revolute and Robin Hood, for example, other cryptocurrencies, they're not very good solutions because they do not allow you to actually transfer the crypto somewhere else but it's a start and it could certainly benefit triple currencies in a long run and then we have apps like bread or ethos in the works that could actually work like a full fledge combination of, you know, Fiat give the currency gateway a wallet and also anything that maybe you could potentially even use those crypto stored in there to buy stuff talking about. Why stuff is more shops will definitely start accepting cryptos. They will also be crypto debit cards. Now, this is a huge deal, I think, all the crypto debit cards projects are one of the most important things for the cryptocurrency world because if you can actually spend your cryptocurrencies in any shops that accept normal debit cards. It's gonna be absolutely huge deal now I had the 10x card which obviously had broke at the beginning of 2018 but it was working great and I could actually buy stuff with Bitcoin anywhere in the world. I can throw him by my fuel with Bitcoin, for example, which was absolutely great one of the biggest obstacles is currently convincing people that crypto is actually money and it's viable and you can use it and not a simple scam so making it more user friendly, should help with that and if we can do that that would bring more people into crypto currencies more money into crypto currencies and more usage in crypto currencies but that's what we ultimately, we want people to be able to buy sell and use the crypto currencies in real world without having to do all that technical stuff with losing your wallet details or any of that because people will lose those details. So some kind of system that works very well is needed. That's why, I think we will be doing well in 2018. Now, in the market, it's already recovering from that huge huge dip in January and I think it should probably get better. We're still gonna have crash in 2018. I think cryptocurrencies in general will be probably doing quite well especially in the upcoming months. What's gonna happen after the next crash difficult to say but until then I'm quite optimistic.

Thank you very much to read my article. Hope you got some idea about my findings. Please leave comments and upvotes and please follow me..

Thanks again guys.
@momimalhi