What 2018 will bring for Cryptocurrencies
If we saw the beginning of the financial technology era at the end of 2017, 2018 appears to be full of sunshine in the fintech world, especially with regard to crypto curves.
As we have seen in recent months, fintech dramatically changes the way we access and exploit money, and as a result of constantly evolving technologies and violent demand, the digital currency boom is able to hold and speed up years. Especially as the world is becoming more globalized and digitized.
Just this week, the increasing value of Ripples digital currency, XRP has made big waves on the stock market. Both Western Union and Seagate have experienced a significant increase in valuations behind the Ripple associations. As it stands, the XRP has a market value of over $ 80 billion after a huge price increase over the past 12 months.
In fact, digital currencies like Bitcoin have really caught our imagination in this fintech era. Looking back to just two years ago, there was not much about it, but those who invested in Bitcoin at the beginning of last year had an increase of 900 percent.
When these digital currencies are becoming more common, an increasing number of people recognize their valuable value and, of course, that more companies now accept them, it has all contributed to Bitcoin's stratospheric price increase.
The world has changed politically. We see a significant and increasing demand for currencies that are not controlled by governments and central banks.
When using digital currency, privacy remains intact. There is no requirement for identity or placement sharing or transaction information. It is completely decentralized. In fact, cryptocurrency lawyers say that digital currencies are remedies for the accidents caused by the traditional system.
in this modern era, everything has changed a lot, especially in the field of economy, digitalization of the economy makes many changes, especially in day-to-day transactions, bitcoin is a new way in the modern market, bitcoin is digital money that is talked about, but some governments or central banks are still prohibits the use of bitcoin as a legitimate transaction tool such as in the country of indonesia
Agree
I think 2018 will bring total marketcap of 5 trillion $.
Hopefully
The traditional system conceived unilaterally by the Federal Reserve Fund in the USA is threatened by the success of the cryptocurrency. That is why the US and many pro-American countries are prohibiting cryptocyrrency under the pretext of money laundering and terrorism. Whether we like it or not the future is at the cryptocurrency
Agree
Yeah that's true. The private control of cryptocurrencies had made them gain more grounds.
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The hodlers are just waiting now until the moon-rollercoaster starts again. I guess that lightning will get more investors in the cryptoworld and blew the actual skepsis at the market away. 2018 will be huge again!
Same thoughts
This kind of transaction also hold a bigger responsibility, I mean you can't see the money but you have it. Just hope that the crypto is not abused by irresponsible people or cyber criminals