Cryptocurrencies in 2020: Five Predictions

On the cryptocurrency arena, the whole past and almost half of this year saw one continuous “winter” after Bitcoin's price dropped to $ 3,122 in December 2018 after a peak of $ 20,000 a year earlier. In the following months, the price rose again, reaching almost $ 14,000 in July, but has since halved. Unfortunately, the forecasts of homegrown experts that the price will rise again to the old record, or even higher - up to $ 50,000, $ 100,000, or even $ 1,000,000 - did not come true. It is difficult to say whether this is due to the disappointing launch of Bakkt, the ban on the first ETF on Bitcoin, or the lack of mass interest from institutional institutions.

Evgeny Kaspersky: The world is not yet ready for cryptocurrencies.

The world is not yet ready for cryptocurrency

“Development on the blockchain and everything related to the cryptocurrency industry is the future of economics and technology. The world, for the time being, cannot take into account the fact that there is no longer a need in physical cash. They do not carry any convenience, on the contrary, taking time and place in the wallet. In addition, the governments of large countries now want to control the cryptocurrency, ”said Kaspersky.

The billionaire is confident that within 100 years the situation will change radically, and fiat money can be abandoned. According to him, all world governments can become controlled by one body that will make decisions about finance. In this case, the cryptocurrency will make an excellent alternative to Fiat due to the convenience and the ability to conduct transparent transactions.

Kaspersky noted: in the future, even modern fiat currency will become digital. According to him, Bitcoin has the most chances to get global value, which has not yet been able to recover from a long-term fall. At the same time, its periodic changes indicate the positive dynamics of the main currency.

Cryptocurrencies TRON and ETH have updated on the last day of winter.

Yesterday - February 28, 2019, on the last winter day, teams of two competing projects for the right to be the best platform for creating decentralized applications TRON and Ethereum “rolled out” the updates. The Tron team updated Odyssey 3.5, as found on its Twitter by Justin Sun, the founder.

How long does it take to earn on cryptocurrencies? PrimeXBT analysis.

How much time do I need to spend on trading with cryptocurrencies?
This is one of the most popular questions for newbies who want to start earning extra money by trading or make it their main income, along with questions about how to buy bitcoin or how to trade cryptocurrencies. To answer this question, it is necessary to understand and adopt certain laws of such a highly profitable, but high-risk type of activity like trading.