Post
Topic
Board Economics
Re: current situation of cryptocurrency for 2018
by
tbterryboy
on 16/10/2018, 12:12:08 UTC
Zoom in one year starting at the end of 2013 and compare it to end of 2017.
If you see the analogy you will know that the price is going sideways until 20xx?
But BTC is far away from mass adoption so the only question is when the third big bull run will be?
I think it will not be before 2019 or 2020 but if you are a pessimist you also can say that it never happens.

What will be the third wave of mass adoption? I think payment channels and banking service.
Also POS acceptance. But since all BTC Cards got banned early 2018, because VISA and Mastercard are the monopolies ruling world wide transactions, mass adoption stopped.
We need a decentralized Banking service and payment channels for more tx.

Probably maybe the last bull run will be the bull run that would erupt from mainstream adoption. Take a look actually at the development going on in the space at the moment, the way banks and institutions are beginning to want to be a part of the crypto space all of a sudden and with some other developments as well, and I wake up every day knowing and having that gut feelings that mainstream adoption is knocking on the door already gradually and with scaling issue becoming a thing of the past, just watch and see. As far as I am concerned, we are in a pretty good shape and we have a better long way to go.