Post
Topic
Board Economics
Re: How will crypto go long term?
by
OrangeSeller
on 31/08/2018, 12:57:13 UTC
I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
I think we still have a lot of way to go but also have been doing some stuff wrong which will set back a bit. First of all we are using a currency like bitcoin which is volatile to news from bigger parties, also we have been afraid of the technological mind behind it with 51% attack etc fears.
I think we should focus on fixing bitcoin first and then move on focusing on getting bigger. If we get bigger at this stage than we may attract some shadier rich people who will try to do their best to make money off bitcoin than actually use it and improve it.