Bitcoin in 2018: What to expect from bitcoin next year

Bitcoin in 2018: What to expect from bitcoin next year

Dr. Julian Hosp, founder of TenX fintech, predicted that Bitcoin will see an even sharper rise and lower fall next year, saying:

“I think we’ll see Bitcoin reach the $ 60,000 mark, but I also think we’ll see Bitcoin reach the $ 5,000 mark. Yet the question is, “Which one do you reach first?” “

Short-term Bitcoin investors

This is due to the fact that Blockchain as the core technology of Bitcoin is reliable, innovative, reliable and truly pioneering. The long run belongs to it. Bitcoin is authentic, no doubt. But in recent months, he has invested real big loose cash – mostly by short-term profit-making investors who are probably just waiting for the right time for cash. This makes Bitcoin shaky. This means that apart from the occasional correction, Bitcoin will remain stable, posing little risk to the long-term investor who truly believes in its innovative power.

Hosp further complements and clarifies-

“I don’t think it’s going to be a bubble that’s just going to explode and everyone is losing their money, but I think it’s going to have to sort all the coins and all the assets that have very little use or value. Money is flowing into these cryptocurrency space assets that truly represent value, have new technology, and are used by people. “

In addition, according to Moas, who is known for Bitcoin’s predictions,

“Bitcoin would have to jump 20 times from where it is now to reach that first place. With that, you could estimate its value at about $ 6 a ton, which is close to where Gold and China are now. “

He says Bitcoin is more reliable than gold because one knows how much Bitcoin there is in the world while no one can be sure of gold. It has a technologically sound, clearly defined and respected value in the financial market.

Making a profit through Bitcoin

It is believed that those who just wanted to make some quick money from Bitcoin have probably already gone out of the market booking profit as Bitcoin has risen in 2017 and only they have really stayed.

Bitcoin and market

The rise in the value of Bitcoin is a challenge for the banking system. They need to find ways to survive in the Bitcoin era. Technical giants need to invest large sums in R & D related to Bitcoin and Blockchain to keep up with the changing market. New start-ups would come in that are increasingly showcasing Blockchain technology and pioneering the world’s problems in a pioneering way. Forbes also bet on Bitcoin in 2018.

Bitcoin future APART from the price

Honestly, the future price of Bitcoin is NOT the most interesting thing about Bitcoin or Blockchain. How to change and revolutionize the market, bring new aspects to it, strive for it. The total amount of dollars could fall, banks could shut down, Bitcoins could be the daily pocket change in your e-wallet and buy food using it, the government could control and tax cryptographic trades, some new cryptocurrencies could exceed Bitcoin and we couldn’t. The real potential of Blockchain and Bitcoin is far from being realized, and only the sky is the limit. If we continue to focus on price, the big picture will definitely be missed.

Gone are the era of the academic conservationist for those Bitcoins. Thanks to the revolutionary value of Bitcoin, it has taken off and has no stopping.

A Bitcoin 2018-a?

In Bitcoins, more splits can be made to make transactions faster and more manageable. It will remain volatile, but will eventually rise. Wall Street can join in and eventually fall in love with Bitcoin and escape to the skies. One of the main risks is that you will have to survive an accident if it ever happened. Another fear is that China will follow suit, re-regulate and even more, which will hurt the future of Bitcoins. Another big coin could take over Bitcoin in 2018 as well. Eventually, Bitcoin may become more attractive as a regular currency.

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The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.