The volume of trading in crypto currency is on average $ 3 billion a day. Apple shares this figure reaches $ 4 billion daily. Economist and strategic planner Jens Nordwig believes that soon bitcoins and altkones will be bypassed by Apple. At the same time, it is not yet ready to predict which currency will become the most popular crypto currency in the future.
Over the past year, the daily trading volume, at which bitcoin and air is converted into traditional currency, has grown 8-fold, said economist and founder of Exante Data Jens Nordwig. According to his forecasts, soon on the total trading volume, the Crypto-currency will equal the shares of Apple, which are considered the most liquid on the market.
In 2017, the market of crypto-currencies set several records at once. At some point, the Bitcoquine rate grew 5-fold, but it declined after the ban on ICO and the restriction of the operation of crypto-exchanges in China. The reason for the fall in the rate was also the criticism of the head of JPMorgan Chase Bank Jamie Daymon, who called bitcoin a bubble and compared the boom of crypto-currency with tulip fever. According to the latest data from CoinDesk, the cost of bitcoin is $ 3,767, which is more than 200% higher than last year.
In total, the market recorded more than 350 different crypto-currencies, the market value of each of which an average of more than $ 1 million. According to CoinMarketCap, the total market value of the crypto-currency is estimated at $ 121 billion.
As the analytical company Tabb Group notes, as soon as the volume of trading in crypto currency began to grow, the daily volume of trading in US stocks began to decline. In August, this figure reached a three-year low.
However, these trends only record the facts, but little is said about the future of the Crypto-currency. Many experts admit that it is impossible to predict anything with high accuracy. This is the opinion of Jens Nordwig. It is impossible to predict with certainty that any existing crypto currency will continue to grow and become a full-fledged alternative to the traditional currency, – quotes CNBC economist.
The analytical company Never Stop Marketing predicts that in one or two years 95% of the Crypto currency will not cost anything. Some analysts point out that in bitcoin, in principle, there is no value, but over time it may appear. Strange as it may seem, even in the future, even those who are interested in the latest news of cryptology are skeptical. A survey of the subject resource of CoinDesk showed that almost 60% of the audience consider the market a bubble.