2018 will be the year of Bitcoin?


Bitcoin Creator Craig Wright claims that 2018 will be the year of Bitcoin cash. He said “2018 is the year we bring Bitcoin to its full potential. BCH will have more security and no more issues with limits on what it can achieve”.

Will Bitcoin be a hit of 2018

Craig Wright just asked users to build merchant solutions and “sexy UIs that people want to use.” That, and use BTC Cash, something that may start happening more as new services and businesses related to the cryptocurrency keep appearing. Recently, mining pool Via BTC announced a new crypto-to-crypto exchange platform that focuses on BCH, while Bitcoin com CEO Roger Ver used Twitter to reveal a new Bitcoin Cash Visa debit card.

In Independent we can read that one in three millennials will be invested in a cryptocurrency by the end of 2018, possibly enticed by the meteoric rise in the value of bitcoin over recent months, according to new research. This vision seems to be true, because many new people have been registered on the stock exchange this year. Also the study by cryptocurrency exchange London Block Exchange reveals that 5 percent of those aged below 35 already have cash invested in a cryptocurrecy!

Millenials are turning to cryptocurrencies

As the latest polls show, a further 17 percent are seriously considering investing in a digital currency by the end of 2018, the study found. Millenials are turning to cryptocurrencies because they feel left behind by more traditional investments – particularly property and pensions.

Saxo Bank says: “Bitcoin will peak above $60,000 in 2018 before crashing to its fundamental “production cost of $1,000 the following year” Mike Poutre, CEO of The Crypto Company, believes that 2018 will be the year that institutional investors enter the cryptocurrency industry. So as Bitcoin booms, regulation will first come to ICOs before moving on to cryptocurrencies directly. But is difficult to predict if regulation will have a positive or negative impact on the industry. Many economists believe bitcoin remains a major gamble and there are concerns that the crypotocurrecy’s value could crash.