Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space.
For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018.
Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.
1. The work on scaling issues
2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability
5. Institutional investors
For more info or details heres the link.
https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
I think this is reasonable.
Maybe that will be true, but I don’t think it will be like that of last year. Same thing can’t continue to be happening at all times. Even before the bubble in last year it took more than a decade before that happened, and if that continues to be happening every time within the same time frame, then its bullsh*t.
No one will invest again, they will withdraw their money and wait for that particular time so they can invest and withdraw immediately before price falls. A market should be unpredictable and I believe that’s how this market is.