As days, months and years pass, new cryptocurrencies emerge with new capabilities that slowly bring the world's economy and exchange to it's evolution. This evolution throws away the old currencies and brings forth the new digital currencies such as Bitcoin, a great example as the price of 1 Bitcoin is currently 5.000€ and going up as many great investors have predicted!
In addition, many other cryptocurrencies with different qualities such as speed in transactions, security and anonymity are slowly developing to rival against Bitcoin. Many investors are making investments in altcoins(other cryptos), evolving their prices. Companies are already doing transactions using cryptocurrencies with their clients and other businesses and it seems that the world is slowly accepting cryptos as the new form of making transactions faster, more eficiently, more securely, without the government having any power over their money.
As many of you know, Steemit has it's own cryptocurrency STEEM, which is growing as well with the growth of use in the social media platform. It's an amazing asset and can be used for any business owner to increase his/her results!
In my point of view, I believe that digital currencies are here to stay and the order of economy and transactions will soon change to that of cryptocurrency and blockchain technology.
Thoughts on Bitcoin:
Bitcoin has been having lots of ups and downs these months but hasn't given up as it's price is still going up even if it had some "hardfork" events in the past 3 months. More companies are intergrating Bitcoin as their new form of transaction and investors are still buying more Bitcoin helping the use of it. A great investor, Trace Mayers recently said that he predicts the price of Bitcoin going through the roof in 4-6 months at a price of 27.000$/per bitcoin and his prediction is based on a 200 DMA( Day Moving Average ). For more info about this you can read his full article in this link ----->>>> https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months
I believe it's an amazing time for all to invest in cryptocurrency as it provides us the chance to be part of something much larger than just making money and helping the world change into a better place, and this is one of the ways to do it!
I hope this article added some value and understanding in cryptocurrency for you. I'll see you on the next one, have a great day ahead!
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