Wonderful article on bitcoins and cryptocurrency by you @swissclive.
Here is my take on this article :-
(1) Cryptomarket is surely going 1 trillion USD in market capital in January itself.
(2) You can ask any exchange these days..be it bittrex, poloniex or any other major exchange, the number of newcomers has gone up significantly. The server had to be upgraded by bittrex in recent time to accommodate the volume, such is the craze for crypto trading for newcomers.
(3) Those who took bitcoin early of 2017 are really lucky and they have already become rich and again through trading altcoins, they are making their fortunes.
(4) Just like USD in world is considered as safe haven currency, similarly BTC is considered as safe haven in crypto market and the irony is that if one enters into the crypto world then bitcoin is the gateway to this crypto world, so one has to buy BTC first before trading altcoins, this is the dynamics which is making bitcoin powerful day by day.
(5) Even if you look at the long term, then also at some point of time people will take profit from altocin and that would squeeze the BTC price further and not to forget that the supply coins of BTC is limited which will further add to surge of BTC price.
Very nice article @swissclive and all those points mentioned by you are worth reading. Thank you and Have a great day.
Thanks @shivohum2015 for your excellent comment! $1 trillion is still possible in January, even though CoinMarketCap decided to remove the Korean exchanges.
The most important point is that people have no idea what they own when they have alt-coins. When the FUD increases, they will rush back to the safe haven of bitcoin
Yes very correct mam...BTC is the safe haven in crypto segment. Thank you again.