While the market is down,, let's see some bitcore price predictions ::--
I like this, and it gives some numbers to think about, but with the continuing hype and adoption in general to the global market, I feel we'll see bigger swings than this.
Once more money gets pumped into crypto and more retailers start to open up and accept we'll see a bigger wave of people with income willing to throw around.
Another element is BTX itself and the anticipation of growth. Over the next year or two, if several new/big exchanges are added that should help price and shake hands considerably.
ATM implementation is nice, and hopefully that continues to grow. Coinomi iOS wallet is nice.
If Bitcoin surges to 20k this Christmas and BTX is fully distributed and more involved, I feel like we can beat last years high pretty easy.
Especially if rewards half and/or some major news hits us.
While all of this is true if there is greater adoption... The reality is there is a lot of hype and almost no real adoption as a currency. I keep saying this but there really is no economic incentive to use any crypto as a currency at the moment. At best it is a storage of wealth and at its worse its just a speculative frenzy. Stability is needed and people always say that we will have stability once we get mass adoption but how do we get that mass adoption if there is no stability? Most people don't do things out of sheer belief like most of us here but rather through incentives.
Just judging from previous technological innovations in the past, it may be a rocky road, but adoption is coming.
Blockchain can do several things, from value storage to record handling, to AI eventually.
BTX is targeted as a value holder, so it's all about getting people to recognize the name. Some of this will come through time regardless, the rest has to be up to the community and team.
I see a giant spiderweb of real-time conversion through all the pairs as time goes on. So even if BTX is in the top 50 within a year or two, that is a great accomplishment.
Fiat is cumbersome and risky in some ways. Most don't carry cash anymore and are used to using debit/credit cards. Transitioning to crypto from that is pretty much the same concept. Other than the live value which apps help common users handle.
The nice thing about crypto is overcoming FIAT boundaries.
If I decide to travel, I have to convert my cash into another local currency. As time goes on, we're more likely to see worldwide adoption.
Funny as my dad was a bible thumper, but the idea of a "global currency" is more of a reality now than it ever has been.