Hello everyone,
Recently we see a big panic about Bitcoin, people do not know anything beyond this cryptocurrency and follow the herd.
Very soon people will realize that the future of money is a blockchain but no a Bitcoin.
Bitcoin has many drawbacks, slow transactions, high transfer fees, most of the funds are held by legal authorities such as FBI and Interpol and governments such as China and others.
These are just a few of the disadvantages that Bitcoin has.
This does not mean that the Bitcoin currency will stop rising in the near future, but not for long future.
What about the long term?
- Litecoin will not exceed the $1000
- Etherum will rise up to $10,000 - $15,000
- Dashcoin - will rise up to $5,000
- Ripple - a great project, but will not exceed the $5
- Monero - will rise up to $5,000-$12,000
- Monaco (Tokens) - a very good project will pass the $100
For any new suggestions, You can write here.
The condition of all the crypto currencies was very good as the valuation of almost all the crypto currencies was very high but being volatile in nature, the valuation of these currencies are subject to flactuation and varies according to market demand and supply as higher the number of investors and higher the amount they are investing into crypto, higher will be the valuation and vice versa but with the beginning of this year, the valuation has deflated to very low extent but the valuation will again inflate in the future and there are even assumptions that these crypto will replace the current currency system.