Accelerated growth in cryptocurrency market predicted to hit $1 trillion this year.
The pullback that we have seen from the bottom is expected to see new all time highs due to many factors including the number of businesses that revolve around cryptocurrencies.
The most recent high was around 800 billion so even a cumulative rise will increase the crypto market cap to 1 trillion.
Source: smarterieum
Please remember to upvote and resteem @senseicat
Nicely stated!
I think we could see 1.5 trillion market cap this year.
So you are 100% correct 1 trillion minimum this year.
I am purchasing additional crypto on each dip.
This is called dollar cost averaging and I do not want you guys to miss the serious wealth.
Do NOT let fear steal your wealth!
Bargain basement prices on most Cryptos NOW!
Are you ready to stand up and do what is needed to change your future???
Hopefully the market rebounds quickly but this spare of taxation issues from folks like IRS and Chinese clampdowns may cause a huge hitch as folks prefer their decentralized annonimous option
Tks my sensei
I would vote for a slow growth. A spiked growth always has foolish investors. And the foolish investors are prone to FUD.
It is an excellent information. I only hope that the market remains satisfactory for investors in cryptocurrencies.
Regards @senseicat
Just keep pumping money into the market, when the late investors come in it will be to late!
I am new to crytocurrency and the volatility is so stressful. I am glad to see that other people are hopeful that there is hope of a promising future that is not far off. I think it is an amazing future for everyone to have a part of.
I completely understand your perspective and the volatility can be stomach churning at times. Remember to HODL and we can ride to 1 trillion together.
I was just sorry i didn't have the cash to pump into steem right now feel like i'm missing out on a great opportunity right now. But in the future,hopefully early future plan to invest. Thanks for following back you have great posts, greetings from Jamaica.
You're welcome and I enjoyed your food post yesterday. There will always be more opportunities and dollar cost averaging is an excellent idea as timing the market perfectly is a rare event.
Thank you @senseicat your username is so kool too lol
Hope that we will see huge mass-adoption after that !
I think that all of these discussions about implementing regulations are in preparation for the wealthy investors to adopt crypto and Blockchain is truly the latest technology space.
The market cap is less than half a trillion at present and seems to be taking a pause as people are still unsure...
I don't think crypto's and blockchain theory as a wholehas yet to really catch on, i think its about 2% of the finances of the world..
Its not just the currencies though, its the platforms that go with them..
Banks are starting to take notice and a blockchain based bank opened in Lichestein last week. A centralized store for decentralized currency...Novel!!