The Future of Cryptocurrency
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* The Cryptocurrency
A Cryptocurrency is a digital currency. All Currency is created and managed Cryptography. The Concept of Cryptocurrency is basically started in 2009 in the way of Bitcoin. Bitcoin is also called father of Cryptocurrency. Bitcoin Valuation Is Totally Depend On Demand, If There is more Demand Than Price Will Rise & There is No Demand Price Will Goes Down. Bitcoin Started Rapid growing in last Years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin & after That Its Not Stopped, within two months Its Hit 6K $ per Bitcoin Which Is Very Shocking.
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Bitcoin sported a market value of over $2 billion at its peak, but a 50% plunge shortly thereafter sparked a raging debate about the future of cryptocurrencies in general and Bitcoin in particular. At the time of peak value there is other coins come in market on daily basis out of that some coins are still present in the Crypto Market.
* The Future of Cryptocurrency
There are Some economic analysts predict a big change in crypto is Coming Very Soon as institutional money enters the Crypto market. Moreover, there is the Sharp possibility that crypto will be floated on the Stock Markets Like Nasdaq, Sensex (This Not Conform) which would further add credibility to blockchain and its uses as an alternative to conventional currencies.
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Some predict that all that crypto needs are a verified exchange traded fund (ETF). An ETF would definitely make it easier for people to invest in Bitcoin, but there still needs to be the demand to want to invest in crypto, which some say may not automatically be generated with a fund.
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