Most altcoins are currently at their all time high from a dollar perspective and this is just amazing for the crypto industry.
I am in many Slack groups and all the groups are excited around the current state of Altcoins. Sure Bitcoin has run so fast over the past month that the altcoins are struggling to catch up from a All time high perspective in relation to Bitcoin.
More Banking groups is getting into Crypto
The most exciting of all is that more Banking groups is getting into Crypto. A Swiss Banking Group announced yesterday that they are adding 4 altcoins to their online trading platform. Bitcoin is already available for trading against USD and EURO and they are adding LiteCoin, Bitcoin Cash, Ethereum and Ripple to these trading pairs.
You can read the full article Swissquote Adds Four Altcoins to Trading Platform here
Bitcoin price predictions
There are many people taking a stab at predicting the future Bitcoin price, Ronnie Moas predicted a price rise of $20 000 in three years, from where he had to change his prediction after the recent price rise.
To quote him:
"Bitcoin is already up 500 percent since I recommended it in the beginning of July, and I'm looking for another 500 percent move from here. The end-game on Bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world."
You can read the coin telegraph article here
I thoroughly believe that we are in for a massive year next year, but I would rather not take a stab at predicting the price, but I do believe we might all be surprised as more and more non crypto people enters the market.
Happy Steeming!
This is the most merry christmas of them all! ;))))
All good news to me. Lets hope 2018 is just like 2017. What a year it has been!
Very true... alt coin season begins with Christmas season and Steem has become the new Santa.
I am looking forward for another great year 2018 for crypto market
Yeah, great day for steem also!
I have had more conversations with people about Bitcoin in the last 2 weeks then the previous 2 months, and the previous 2 months was more then the previous 2 years. Interest is growing at a very rapid pace.
You can't even read the CNBC news feed without seeing at least something about crypto, most of the time half the stories revolve around it.
While the alt coins are good and I'm heavily invested right now, there is no question that the go to coin for now will be bitcoin as new investors get started.
I fully agree to your evaluation of the situation.
Can't wait the day when we will use cryptos more often in banks then regular money.
3,00,000$ is way too much I feel.
Don't you feel that prediction by Ronnie Moas is kind of exaggerated?
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the way things are going alt coins will boom in coming years,though we will most likely to see some legal regulations introduced effective 2018.is it a potential threat or something that will pave the way for development of alt coin market?
Really now time is all coin seasions. Just uptrend all coin in market.
Market will dip for few days starting from today and then a great pump will happen around Christmas.
Thank you for this. What a nice treat. Hope you enjoy your weekend
nice to information!!!!!!!!!! @jacor
It tend to think people are now aware of Bitcoin and the only way to get a piece of the pie is to start investing in Altcoins.
Variability is too much.
Seriously it's crazy! Go to coinmarketcap.com and you won't find a single coin red right now!
So happy to be a part of this crypto movement :)
Well said. Application based Blockchain based platforms which do not just cater to the currency markets is always a win for common netizens.
thank you and happy cryptmans :D
Wow, it is really amazing. I feel blessed to be part of this community and having a few altcoins!
Altcoins on steriods!!
i think 'literally' the coin is dropping (sic) that it's about the blockchain technology and people are having their 'aaaahhh' moment that it's way bigger than just financials. also we have the dabble crowd, getting in on these like it's penny stocks :) --- either way, validation across the board and it's just starting really.
How long do you think it will last ?
Every alt coin is rocking happy alt coin season hehe :D
hope future will treat us in the good way :) nice one..thanks for sharing
I cannot wait for the rise, I don't have much in crypto, but it can become a lot if it keeps skyrocketing!! Nice post.
It's the most wonderful time of the yeaaar <3
cheers @jacor