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Topic: 71% of e-money forecasts will increase significantly in 2019 in Huobi's report. - page 2. (Read 279 times)

BQ
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Merit: 53
CoinMetro - the future of exchanges
I'd like to share this link as it's a bit related to people who thinks the market is dead:
https://www.turtlebc.com/tools/buy_percentage?period=3years

this has happened over, and over, and over again, and it's always the same reactions from people! "Oh the market is crashing! Why did I buy in! It's over!"
then they sell.. and up we go!

the entire market cap of crypto (which in itself is actually multiple times higher than actual money inside the market), is like 1/5th of Apple.
you think a global instant currency market is valued correctly at that amount?
and then don't forget the hundreds of fantastic new unique ideas based on the decentralization made possible by crypto.
we are faaaar from anywhere near a roof.

although I can't specifically speak for bitcoin but in general, we're definitely going up for a long time to come.
we can talk about a bubble when we reach a few multipliers of the IT bubble market cap.
full member
Activity: 2142
Merit: 183
It's just a wish of people related to the crypto currency, how the market should develop. Of course, I would like bitcoin to increase in price several times. However, we have already seen that after this should occur, what a fall and for what period it can happen. I think that bitcoin should grow slowly, then by the end of the year it will be in price much further by the principle: more quietly you will go further. Sharp surges lead in the future to a sharp drop in rates and to shock among investors.
sr. member
Activity: 2366
Merit: 332
The e-money explosion is really awaited because almost every other thing we do these days is technologically inclined and so, it is reasonable that we have a payment system that fits into that pattern too. Although, this thread has not provided links to the topic.
member
Activity: 532
Merit: 15
can you please post the source link.
newbie
Activity: 364
Merit: 0
In Huobi 's H1 Market Report : "Global Blockchain Industry Overview and Prospects" published last month, respondents favored a "significant uptick" in the market value in the second half. by the end of 2018.

In addition, another 18.6% expected a "slight increase" of 10 to 30%, while those predicting performance would go sideways or would "fall" to just about 10%.

Positive sentiment despite a continuous decline in the electronic money market recently, Huobi noted that 67% of the new currency was traded below the issue price in June.

Chart 6: Expectations of investors in the next 6 months:

Substantial increase (> 30%)
Increase slightly (10% - 30%)
Remain the same (± 10%)
Mitigation (-10% to -30%)
Decline (<-30%)
Bitcoin will rise to $ 15,300 in the next six months

Experts reckoned by the Reuters news agency that the big winner in 2018 may not be the only Bitcoin but also the altcoin asset , the coin fell sharply in the first quarter of this year.

While Bitcoin will reach $ 15,372 on December 31, 1818, assets such as Cardano and EOS will also be the biggest gainers, up from 250 to 300%. TRON may increase to 342%.

Huobi, meanwhile, has paid more attention to the altcoin, summarizing the details of the 2017 ICO token as a testimony to the "paradigm shift in the digital asset market, in addition to the emerging market." peer-to-peer agreement like Bitcoin to agree on a smart contract. "

In terms of broader trends, the report highlights 6 "reasons" for expanding the e-money market: penetration ("financial encryption will penetrate traditional finances"), application ("case + Blockchain can put the market to new heights ") and mergers / acquisitions (" acquisition of high-quality internet applications through digital assets ").

The average age of investors will also increase and many female investors will enter the space.
p/s: Thank you for reading this article
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