Cryptocurrency Investing Is Just Getting Started
There’s no doubting that 2017 was the year that cryptocurrency entered mainstream awareness in a big way.
Bitcoin went on a run from around $1,000 to almost $20,000. An incredible amount of Ethereum-based start-ups, across a huge range of industries, received venture capital for applications that could potentially change the world.
The value of the cryptocurrency market has grown every year since the original digital currency Bitcoin was invented in 2008, but the potential for this technology is still nowhere near being realized.
Cryptocurrency is just getting started
When the blockchain was created as a decentralized database for Bitcoin transactions in 2008, it was believed that this technology would only be used for digital finance.
Bitcoin has proved to become extremely popular and is widely referred to as ‘the internet of money’ by mainstream media sources and cryptocurrency experts alike. More people are waking up to the advantages of Bitcoin, and it’s been tipped to continue its phenomenal value growth this year, all the way up to $50,000.
But it’s the potential for blockchain technology outside of digital payments that surely provides the clearest evidence that cryptocurrency is just getting started at changing the world for the better.
Start-ups in a huge range of industries have been given venture funding to develop their blockchain based technologies in 2018. If they are successful, we could be using the blockchain to buy goods and services, to sign all of our contracts and agreements, or to vote for our next President.
With so many new digital currencies being funded by ICO last year, there really is no telling how large this market can grow. The gross market cap has been estimated to reach between one and five trillion dollars this year.
If you want to get started investing in cryptocurrency, use the simple start investing feature at coinconnecter.com.
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