What will happen to Bitcoin and other Cryptocoins.
First up hello to all interested.
I have been investing in Bitcoin and Ether for a while and i have read a lot about cryptocoins.
Here are some facts and thougts about the future of cryptocurrency.
First up Facts:
The Blockchain-technology is a revolution of the modern internet (not only for cryptocoins).
What makes the value of currency ? Its all about trust. Why we trust in bitcoins and crytocoins ?
Because we can control it.
There ist no inflation of the most of the cryptocoins because of the maximum of creatable coins ( for example 21 million Bitcoins).
1 year low Bitcoin: 733,99$ / 692,41€
1 year high Bitcoin 9034,47$ / 7643,22€
Unbelievable !!!
It is an independently system to solve problems like Blocksize... Innovations like Segwit and in near future lightning network.
Thoughts about the future of cryptocoins:
The Value is going to grow aslong the people trust in it and aslong it its profitable to mine cryptocoins.
Im my opinion the value of bitcoin and ether is going to grow up to 10th to 500th of the current value.
With time the bitcoins become more and more public and the prejudices is going to break down.
Which currecy it will be we dont know right now.
But i hope ether or bitcoins. 😉
What do you think about it ?
If you like to help it grow, i would like you to make it public.