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Re: Why I think the crypto market will be worth about $6 trillion by 2019
by
batang_bitcoin
on 27/01/2018, 07:57:51 UTC
1. Wall Street hasn't jumped in yet.
They have jumped in already to spread lies and FUD about bitcoin. But there must be a personal interest on why they are doing that and one thing I guess, it's to buy at dip.
2. Big business still has its toes in the water.
I agree on this, bigger businesses haven't entered yet although there are some that are already in.
3. There's widespread and mainstream awareness,  but very little mainstream adoption.
Publicity whether it's good or bad it's still publicity so this awareness is nowhere to go but to full adoption.
4. We're going to see at least one governments currency collapse soon, with that nation switching to cryptos. That will begin a widespread acceptance of cryptos as legitimate.
I'm not sure about this, a government will not allow something decentralize to take over their currency.
5. The trend in the general population is anti central authority aka. big banks, governments, big corporations. Look at brexit, Trump, the rise of nationalism against the EU, etc.  Cryptocurrencies are the embodiment of anti authority and giving the people more control over their wealth.
Not in general.

These are only few things but there's more to come and I do believe that $6T in crypto market is peanuts.