Post
Topic
Board Economics
Re: current situation of cryptocurrency for 2018
by
Dasha88fed
on 08/11/2018, 14:08:36 UTC
Agreed, the market hasn't been encouraging for the most part of the year but a turnaround is still possible even before year end. Why I said so is because, we're still awaiting major decisions that can wake the bull at any time such as the ETF approval. So don't loss hope yet, bitcoin can still perform wonders.
I agree, accepting an ETF can make a big difference for the better, but I doubt more and more that this will happen this year. Moreover, China receives negative news that the Central Bank of China wants to limit investment in blockchain projects, and this will negatively affect people's attitudes towards cryptocurrencies, but I still believe that the market will soon go up, because all negative factors of cryptocurrency projects, services, infrastructure are developed.