Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?
We dont really know. No one can actually tell the number of people that are making use of cryptocurrency. I believe there are lots of people around the world that are still making use of cryptocurrency despite everything that has happened. Though I have also seen a. Lot of people that are saying that the bull run we had in 2017 is going to be the last, but I dont really believe that to be true. Im believing there is going to be another bull run this year or next, maybe.
I think the increase in the price of bitcoin in 2017 is not the last, you should be able to know that the bitcoin price movements depend on the existing bitcoin supply, currently the bitcoin circulation is only 17,534,950 BTC from the total supply of 21,000,000 BTC. reach the maximum limit.