A technology and venture capialist investor, James Altucher, predicts some things will happen related to cryptocurrency:
* There is at least one country currency that is likely to soon fail, possibly Argentina or Venezuela. This will trigger the mass adoption of bitcoin in the population, thus making its value rise over US $ 50 thousand.
* The mainstream banks will accept bitcoin, then will start offering storage and software access. They will also create various cryptocurrency derivatives.
* Despite optimism, failure is likely to occur. As many as 95 percent of digital currencies other than bitcon will disappear. The value of the surviving currency will increase and this will happen within the next four to six months
* The United States government (US) will secretly begin to accumulate one of the cryptocurrencies to facilitate transactions in the gray area with other countries. This is starting to happen, but it will only increase in 2018.
* China will invest heavily in other cryptocurrencies, but probably not bitcoins. China wants a competitive cryptocurrency with bitcoin, but that can be fully controlled.
* Thousands of cryptocurrency companies will be born and floor on the stock. However, only a handful earned great success.
* There is at least one country currency that is likely to soon fail, possibly Argentina or Venezuela. This will trigger the mass adoption of bitcoin in the population, thus making its value rise over US $ 50 thousand.
* The mainstream banks will accept bitcoin, then will start offering storage and software access. They will also create various cryptocurrency derivatives.
* Despite optimism, failure is likely to occur. As many as 95 percent of digital currencies other than bitcon will disappear. The value of the surviving currency will increase and this will happen within the next four to six months
* The United States government (US) will secretly begin to accumulate one of the cryptocurrencies to facilitate transactions in the gray area with other countries. This is starting to happen, but it will only increase in 2018.
* China will invest heavily in other cryptocurrencies, but probably not bitcoins. China wants a competitive cryptocurrency with bitcoin, but that can be fully controlled.
* Thousands of cryptocurrency companies will be born and floor on the stock. However, only a handful earned great success.
lets wait and see what happens. but why do you think Argentina or Venezuela currency will fail this year?
