An insight into Crypto market - Expectations, concerns and price predictions in 2018!

"Everyone is still learning and we learn every day of our lives"

Bitcoin will continue being number 1 only if it did some miracle to decentralize mining process from the cartels, new ASICs are expected in 2018. Try Victim mentality! Bitcoin has set examples in past and should set it in future as well to stay relevant.

The total market capitalization of Cryptocurrency as of writing is well under trillion dollar(s2), whereas market capital of top10 financial institutions accounts for 3-4 trillion dollars(s3). Why I told this point here is that large financial institutions can even manipulate the price of some cryptocurrency to an extend to make it number 1 in the market capital. (*s4)

Institutional investors inflows, new taxations, regulations(Commodity rather than currency), new registrations getting fulfilled by major Crypto exchanges and opening up of new exchanges are something to expect and look forward to 2018. (*s5)

Privacy coins and fundamentally strong coins from concept and coins which have fully working products are going to get benefit in 2018. Crash and consolidation to be the norms. (*s6)

Verge coin (*s7) already holds above 3 properties and most of the cryptocurrency features Satoshi dreamed about, anonymous, fully decentralized, opensource and community-driven which can be used for mass adoption. I see huge potential there. Verge will get benefited by the major chunk of bitcoin downfall. I foresee bitcoin would be trillion dollars by mid-2019 and Verge would be around with market capital of bitcoin as of today, that makes me predict $22.5 prediction. If bitcoin market increases then Verge also grow exponentially.

s1: https://blog.iqoption.com/three-countries-with-the-largest-number-of-bitcoin-miners/ (in article China should read as Hongkong after China ban cryptocurrency trading)
s2: https://cointelegraph.com/news/cryptocurrency-market-in-the-green-total-market-cap-bounces-back
s3: http://www.nasdaq.com/article/the-10-largest-financial-institutions-in-the-world-by-market-value-cm783889
s4: https://www.investopedia.com/news/rise-ripples-prices-bubble/
s5: https://support.binance.com/hc/en-us/articles/115003773671-Binance-Will-Temporarily-Disable-New-User-Registrations ( bittrex and coinbase awaits almost 500k new registrations to be added and similar case of other crypto exchanges)
s6: https://www.cnbc.com/2018/01/09/cryptocurrency-market-crash-consolidation-ethereum-co-founder.html
s7: https://www.dropbox.com/s/b25kvsmjjw75c5b/Wraith%20Press%20Release.pdf?dl=0