How Bitcoin AND Stablecoins Can Dominate the Future of Cryptocurrency
Cryptocurrency, Stablecoins, Bitcoin (BTC)As stablecoins, the new industry of cryptocurrency that is focused on price stability, continues to gain traction relative to Bitcoin and the altcoin market, competition is going to mount over the viability of transacting as adoption grows. While stablecoins offer a fair amount of utility in terms of a digital tender, Bitcoin comes with the added layer of true decentralization (i.e., not tethered to the value of an external entity), allowing it to operate on a more libertarian platform for those inclined to debate the political utility of crypto. Bitcoin, and the altcoin market, also offers the ability for projects to appreciate with earned value'or price speculation'similar to the stock market. This posting was obtained by us on November 04, 2018 5:18 AM. Share this content on social media: You may want to visit ethereumworldnews.com to find more similar content. Leave a Comment
Insights on the Future of Cryptocurrency as 2018 Draws to an End
The idea of cryptocurrencies (digital currencies that are cryptographically encrypted) has been moving around in the academic circles since the 1970s. The idea, however, took on form and shape with the arrival of Bitcoin in 2009. Over the last 9 years, Bitcoin has grown on to be disruptive in the fields of monetary policy, finance, economics, and e-commerce and it has spawned an industry of more than 2,000 coins, tokens, and altcoins in what is being generally referred to as the cryptocurrency market. Interestingly, the cryptocurrency market peaked last year when the price of Bitcoin rallied more than 1400% to $19,000 and the market cap of the cryptocurrency market skyrocketed to almost $700B. However, in the year-to-date period, the trading price of Bitcoin has crashed about 53% to about $6,500 and the market cap of the crypto market has declined more than 56% to $209B. This information was found by us on October 30, 2018 12:59 AM. Share this content on social media: Browse coingape.com for complete listings from this source. Leave a Comment
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