Bitcoin growth 2018: All essential cryptocurrency predictions

April 18, 2018 | By | 2 Replies More

It is not a secret for everyone that something is going to change if to speak about cryptocurrency market, and first of all concerning the bitcoin growth. Predictions are very diverse, but most of them are strongly directed to more positive tendency for active miners and interested investors. This year is going to be decisive and crucial to a certain extend.

We have already experienced a considerable rise at the very beginning of the year and at the same time we know what an extremely quick decrease for the bitcoin is. For many people, especially those who have not yet worked with any digital currency it may seem very insecure surrounding for any deals like investing, mining and sales, but in real world it is a new fantastic opportunity to change our obsolete financial standpoints and approaches making our life more convenient for people in terms of money making, payment transactions and purchasing.

Traditional mining, cloud mining, ICO and many other new opportunities are becoming even more attractive for digital generation and continue to offer fresh engaging and lucrative solutions. Some users stopped to buy considerable hash rates for mining when the Bitcoin appeared to be $7,695.10, but now they are awaking to again to mine more cryptocurrency as they also feel obvious Bitcoin’s growth tendency.

bitcoin growth

Bitcoin growth: What are the predictions of famous bitcoin experts?

Spenser Bogart (a partner of Blockchain Capital) predicted at the beginning of 2017 that the price of a bitcoin could go approximately to $50,000 in 2018, it is two times as many as the last year. Wow, to tell the truth, this is really a breathtaking figure, and if it happens a lot will change in the nearest future.

According to Mr Bogart, the Bitcoin price will run up due to a great number of institutional investors. That means, these investors who are very interested in active participation, even if they start to do it, they are definitely going to hold on just a bit and either take the leap or simply wait aside until they observe the products are in effect. Despite different thoughts and opinions, this 2018 year is going to be crucial.

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In terms of supply and demand in a year, it is expected to be in the conditions of a considerable price level imbalance.

Imran Wasim, who is a well-known financial analyst at AMSYS Group sharing his opinion says that it is good that bitcoin experiences these price movements, and the next several years much more money are going to be involved into bitcoin with its reaching up to $35,000 or even more. Finally, cryptocurrency will appear to be “more mainstream” this year.

Bullish views of experts are observed today with regard to bitcoin growth and its longer term future.

Some time ago, Mr Eyal (CEO of Shopin Eran Eyal) said he is absolutely sure in bitcoin price growth up to $100,000, esp if to take into account its previous climbing history. It is very important to analyze not only current conditions and changes but also to go deeper and consider all nuances and life stages of the Bitcoin starting from its first occurrence day.

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Comments (2)

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  1. vladimir says:

    In 2017, cryptocurrencies saw a taste of how government regulations could be extremely effective, as the Chinese government’s move to ban bitcoin exchanges in the fall made space a temporary drummer.The market share of Bitcoin in the cryptocurrency economy for the first time fell below 33 percent in history.But cryptotermes’m not going anywhere. And if 2017 seemed to us something, it’s that bitcoin and the company can be extraordinarily resilient.

  2. Jack Scott says:

    I think that there is nothing to be afraid and worry about. those who have invested a lot of money in bitcoin will not lose anything. it steadily grows if you take statistics not two or three months, but a year, for example. I do not see the point and the idea is that it falls to the bottom. as crypto is a very stable currency. more likely to lie around other crypts than bitcoin

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Comments (2)

Trackback URL | Comments RSS Feed

  1. vladimir says:

    In 2017, cryptocurrencies saw a taste of how government regulations could be extremely effective, as the Chinese government’s move to ban bitcoin exchanges in the fall made space a temporary drummer.The market share of Bitcoin in the cryptocurrency economy for the first time fell below 33 percent in history.But cryptotermes’m not going anywhere. And if 2017 seemed to us something, it’s that bitcoin and the company can be extraordinarily resilient.

  2. Jack Scott says:

    I think that there is nothing to be afraid and worry about. those who have invested a lot of money in bitcoin will not lose anything. it steadily grows if you take statistics not two or three months, but a year, for example. I do not see the point and the idea is that it falls to the bottom. as crypto is a very stable currency. more likely to lie around other crypts than bitcoin

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