cryptocurrency - The Future of Bitcoin Cryptocurrency

in #bitcoin6 years ago

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Bitcoin - Bitcoin is the most widely known and used cryptocurrency in the world. It is
primarily designed to eliminate the need of financial institutions or ‘trusted third-party’ entities. Bitcoin does this by eliminating the possibility of fraud, increasing efficiencies, and providing objective proof-of-work to guarantee validity and security in any transaction.

coinmarketcap.com shows the market cap at $137 billion dollar with a change of 0.63% in price. Future prediction is also upward of price to $8350-$8500 range within 3 days .

Future prediction of ethereum - $470-$475
Future prediction of Bitcoin cash - $890-$915
Future prediction of Ripple - $0.55-$0.63
Future prediction of Litecoin - $145-$152

Where will crypto be in the future?
Of course, I don’t have a crystal ball, but for me Bitcoin – with capital B, or the technology behind it: the blockchain – will have a prosperous future.
Its importance goes far beyond bitcoin and payment transactions as this is just one – and the most banal – of its application.

A cryptocurrency that aspires to become part of the mainstream financial system may have to satisfy widely divergent criteria.