Bitcoin: Where is it all headed? The situation on Wednesday

the The look on the course pages in the last few weeks may not inspire Bitcoin investors. Even if the price of Bitcoin recorded currently, with 3,570 thousand euros (4.054 US dollars), a slight increase of just under six percent, is he like in terms of its all-time high over the past few months. It is similar to the whole crypto-market. It makes you wonder: what's Bitcoin? The situation on Wednesday.

By Phillip Horch
28. November 2018 share Facebook Twitter LinkedIn xing mail

Consider investors currently your Portfolio is not expected to make only joy wide. If Bitcoin, Ripple, Ethereum, or IOTA: The courses were clearly closer to the moon. And although the technology has been compared to the November 2017 – significantly. But this could actually be the "Problem". The market was overheated last year, he seems to be currently still in the process of cool down. The great ICO-Hype appears to be over. No wonder that Prince Michael von Liechtenstein says: "Now is a disappointment phase".

it's A necessary disappointment?

During this Phase, well-established projects will have the opportunity to assert themselves. Shitcoins have, however, finally get the opportunity to dissolve. Such as currently in the case of Envion. It was one of the most successful ICO-projects on German soil, however, had to show neither a product nor a technology. The Only thing that seems to be the German Start-up, are verprellte investors. The idea was good, the execution – at least from the point of view of profit-oriented initiators.

Such projects are there to help, however, the hope of the Ecosystem, ultimately (so, at least), the trimmed decentralised wings extend. Although the scene has to fight with frauds. But in the end it is a learning and consensus.

That was the least of the grave struggles of Bitcoin Cash. They were attributed, in part, no doubt, questionable level. Nevertheless, the war has ended (for now) and we have a new old Cryptocurrency in the Top 10: the Bitcoin ABC. Whether Bitcoin Cash ABC by now, or as a Shitcoin, it turns out to be made in the process, then Any further development of the Ecosystem has its share in the progress of the technological Revolution.

crypto-currencies to grow with your adaptation

Ultimately, crypto-currencies to grow (if they are suitable) with your adaptation: In Ohio, you can pay your taxes with Bitcoin, in France you can buy the crypto-currency soon, along with a box of cigarettes. In the short time, such progress may seem (as measured on the course slides) marginal. In the long run, however, there are such small steps that bring Bitcoin with great leaps forward. Because he needs to find his way in the society, the object of speculation to move and to be what he wants to be: a global monetary system based on technology. Then it works again with the course.

Until then: Hodln and Echo reading.