Five reasons 2018 could be the best year yet for cryptocurrencies. - page 7.

stevegreer

legendary

Activity: 1148

Merit: 1001

Official Zeitcoin community ambassador

Quote from: 1Referee on February 25, 2018, 10:53:26 AM

I don't feel the same. This isn't a playing ground. It's probably one of the most brutal markets out there. If you don't understand how this market works, and don't have a clue about what Bitcoin is or does, you are bound to lose big time. It's called gambling if you blindly put your money into something hoping that it will result in profits.

I get what you're saying, but in my opinion, it is just as risky to invest in the stock market if you don't know what you're doing. The main difference is that there are plenty of investment firms out there, such as TD Ameritrade and Fidelity, where people get paid to invest your money on your behalf. Bitcoin doesn't have that yet. I do agree with you that people who know nothing about Bitcoin and have pipe dreams of investing a few thousand dollars and becoming millionaires over night should not be taking this risk.

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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.

I have seen a repeat of price pattern on most of the coins and tokens this year like last year. Bitcoin is going to do very well this year like last year and I have not seen any major issues that is going to limit Bitcoin price as many speculators are saying. This time last year many are saying that Bitcoin is not going to cross $1,000 and we were having a lot of speculations that Bitcoin is not going to cross $1,000 and Bitcoin is going to stay below $1,000 for the rest of 2017 but we can all see the great movement Bitcoin has made in 2017. In this year 2018 we are going to have great price fluctuations and bullish market that is going to push Bitcoin over $40,000.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: stevegreer on February 25, 2018, 10:04:27 AM

2018 might be a good year for some of the major altcoins, but I have my doubts about the performance of Bitcoin. Two of the major things Bitcoin needs to address is transaction speeds and fees.

Segwit has been doing an amazing job in getting the fees to decrease immensely, combined with the insanely low number of unconfirmed transactions. At this point a few cents in fees are enough to get your transaction confirmed within two blocks. If you want to spend plenty of outputs at once for a tiny fee, then this is the time to do it. If you follow LN (definitely do so if you haven't been following it yet) then you'll understand how fees, confirmation times, transaction processing, will no longer form a limiting factor.

Quote from: stevegreer on February 25, 2018, 10:04:27 AM

I think now more than ever what Bitcoin needs is stability in its "value".

It would certainly be helpful at a later stage, but the volatility in current years is what makes Bitcoin attract capital.

Quote from: stevegreer on February 25, 2018, 10:04:27 AM

I feel bad for the poor bastards who invested their life savings in Bitcoin when it surged to $20k just to have it shed over half its value in a matter of days. That may not be much to cry about for the Winklevoss twins, but for the common hard working man or woman, that must have really hurt.

I don't feel the same. This isn't a playing ground. It's probably one of the most brutal markets out there. If you don't understand how this market works, and don't have a clue about what Bitcoin is or does, you are bound to lose big time. It's called gambling if you blindly put your money into something hoping that it will result in profits.

Willitivity

sr. member

Activity: 1190

Merit: 256

The darkest hour is just before the dawn, it's gonna be a very good year for cryptocurrencies. Even though there are so many things on the way yet, but the future is clear. Bitcoin could repeat the 2017 scenerio and hit another massive all time high. With the adoptability and increasing usability, it all points to the fact that we are moving up soon.

burner2014

hero member

Activity: 952

Merit: 515

The good news that I have seen so far this year is that the full acceptance of Korea in bitcoin and they have added it in the market just like in USA, hoping that some countries will also follow this footsteps and if this happens then for sure the demand for cryptocurrency will blast and will create a great price.

stevegreer

legendary

Activity: 1148

Merit: 1001

Official Zeitcoin community ambassador

2018 might be a good year for some of the major altcoins, but I have my doubts about the performance of Bitcoin. Two of the major things Bitcoin needs to address is transaction speeds and fees. I have read articles about many businesses that have stopped accepting Bitcoin because of how volitile the price is on a minute-by-minute basis. It makes sense to me too. There is always a risk that by the time a transaction for a product has been made and the Bitcoin subsequently traded for dollars that the value has gone down and the merchant ends up losing money. I think now more than ever what Bitcoin needs is stability in its "value". I feel bad for the poor bastards who invested their life savings in Bitcoin when it surged to $20k just to have it shed over half its value in a matter of days. That may not be much to cry about for the Winklevoss twins, but for the common hard working man or woman, that must have really hurt.

Marivic13

newbie

Activity: 60

Merit: 0

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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.

I think number two is the one the best i choose. Becuase if ico become a legit in any country, more people accepting bitcoin. And if more people accepting bitcoin the value of bitcoin will grow and more. Some expert say bitcoin will become 100.000 $ in december 2018. So thay good

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: FrueGreads on February 25, 2018, 09:43:15 AM

for 2018 to be a very good year for cryptocurrencies.

maybe yes and maybe not. because if the view at this time. crypto growth is slowing down. and whatever reason that made all this happen, but this is not a standard. because crypto fans if we see it grow and this may be just at the beginning of the year, and do not know what will happen at the end of the year

FrueGreads

legendary

Activity: 1582

Merit: 1059

Those are all fantastic and perfectly valid reasons for 2018 to be a very good year for cryptocurrencies. We see a lot of people with negative point of views, without really explaining things, and we also see a lot of people focusing on the price without pointed any valid reasons for the projections they make. I actually think we will have another good year, because of all those things you said. From a technological and development point of view, bitcoin is getting better, so there is no reason to believe bitcoin price will decline, or that the "bubble" will burst or any of those stupid things people say, with no real fundamentals to support their claims.

Nhebu

member

Activity: 616

Merit: 10

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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.

The year 2018 will become a lucky year for cryptocurrency and I hope I can joi to the luck. I think that the integration of different companies are helpful way to boost the dominance of cryptocurrency in the world. Japan also joined the trend and I think it will play a vital role in innovations of cryptocurrency as well as blockchain technology. A lot of good things waiting for cryptocurrency and to us, crypto enthusiast. I hope that this will be the start of oyr future.

bob123

legendary

Activity: 1624

Merit: 2481

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

1. The work on scaling issues
5. Institutional investors

While i believe these 2 points will be the pushing force this year i don't think these 3 will already boost BTC in the short term.

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability

Regulations and big adoption will take quite a lot of time until BTC will profit.
This isn't something which is pushed within a year and instantly results in a massive bull run.
Good things need time. BTC isn't much different. When LN will be ready and usable for the every-day man there will be a rapidly(!) growing interest.
But i don't think this will happen in the next 3-4 years. Being patient is the key to success.

alexbs

full member

Activity: 364

Merit: 102

According to the thought of G. Zucco, which is one of the leading experts of bitcoin and blockchain, we could be between the 3rd/4th phase of Kubler-Ross model.

Bargaining
Depression

That means admitting that blockchain technology might be useful but that doesn't mean Bitcoin will be. So, many newcomer investors looking for easy profits without knowing absolutely nothing about the technology and its applications, have the feeling of having arrived too late for Bitcoin, then they are investing in any alternative altcoins including the most bizarre/unknown random projects.

oddwh

hero member

Activity: 854

Merit: 1002

Quote from: kolesozw on February 24, 2018, 06:07:51 AM

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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

I don't find 3. Regulation and 5. Institutional investors for good at all.

Also, market will grow a lot slower now. I think the best year so far was 2017 and the next better year will be '19-20, but not '18.

That's funny, I've always seen that newcomers sees regulation as a good news when earlies sees that as a bad news. I don't really understand why, maybe mindsets have changed and new users doesn't search the same purpose behind bitcoin and cryptocurrencies.

2018 began mostly badly, even if the price comes back to 20k, I dont think this will be an amazing year as 2017. Let's hope it will just be a good consolidation year

mersal

member

Activity: 1204

Merit: 38

But I have a reason that it is not be best as 2017 because now most of the governments are trying to control or regulate the crypto currencies so we can't expect this year going to be easy for the crypto currencies and their investors,so what we need to do is hold our bitcoin I hope the bitcoin will face all the issues and strongly comeback in the future.

ArtiSHOCK

newbie

Activity: 45

Merit: 0

I hope it will be a good year for cryptocurrency! The beginning of the year not very successful and caused a lot of panic, but I think closer to the middle of the year things will get better!

seizetehday5

full member

Activity: 238

Merit: 100

Out of those reasons I would select #1 and #3 as the main contributors to the rise of the space this year. If we fix scaling (which seems fixed right now) the use case of Bitcoin becomes practical and we can thus legitimately use Bitcoin rather than hoarding it. Same goes for number three if regulation is done well, it will encourage the spending and usage of Bitcoin rather than hoarding, both are great positives for Bitcoin.

Emin90

member

Activity: 210

Merit: 11

Vista of course there is as mentioned above, the development of technology and conducting legitimate ICO. For the development of the bitcoin and other coins.
Growth and scale is inevitable

Vatimins

sr. member

Activity: 987

Merit: 289

Blue0x.com

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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.

Well, that is an amazing thing to hear and would pretty much be a great thing to believe in for people like me that is truly a crypto lover specially when it comes to bitcoins. But the thing is, all of the mentioned factors above haven't had any products yet or outcomes except institutional investors. All of those would be great if they really are going on and working. Just like (1), obviously, the scaling issues hasn't been fixed yet. 2nd is most probably very unlikely nowadays. And the 3rd one can either go with or against the cryptos. While 4th is clearly not possible yet. 5th is already happening but not as much as we want it to. So I guess, the cycle from the past years is still gonna happen for a few more years. How many depends on how fast this issues that bitcoins has gets fixed.

fiulpro

hero member

Activity: 1890

Merit: 831

Well with massive regulations there could be a problem too .. we should remember that every country comes with their own regulatory points due to no single institutional body regulating everything all we could see would be chaos and that could prove to be something that might create imbalance causing massive uproar and problems instead this regulatory responsibility should be given to one centralized body otherwise I don't see how beneficial it would be.

Ranly123

full member

Activity: 952

Merit: 104

★777Coin.com★ Fun BTC Casino!

Quote from: 1993jochico on February 24, 2018, 03:49:05 AM

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.

I am not so sure about your claim and the reasons you mentioned could possibly do any good in cryptocurrency, most especially in the second reason you say. Are you sure there are more legitimate and large scale ICO coming? As what i have observed many ICO have been identified as scam and a waste of time and investment because of how they advertise their ICO in the community. Cryptocurrencies may experience a good year but not totally the best, but it could happen soon.

Topic: Five reasons 2018 could be the best year yet for cryptocurrencies. - page 7. (Read 1661 times)