Although there have been market corrections in the 2018 crypto-currency market, everyone agrees that the best is yet to come. There have been a lot of activities on the market that have changed the tide for the better. With a good analysis and the good dose of optimism, the one who is invested in the crypto market can make millions out. Market is there for crypto money stay in the long run. Here, in this article, we give you five positive factors that can further stimulate cryptocurrent innovation and market value.
1. Innovation in the scale
Bitcoin is the first on the crypto-currency market. It has the maximum number of users and the highest value. It dominates the entire value chain of the crypto-currency system. However, it’s not without problems. His major bottleneck is that he can only manage six to seven transactions per second. In comparison, credit card transactions averaged a few thousand per second. Apparently, there are opportunities for improving transaction scaling. With peer help with peer transaction networks over Blockchain technology, it is possible to increase the volume of transactions per second.
2. Legitimate ICOS
Although it exists cryptoces with a stable value on the market, new parts are created that are designed to serve a specific purpose. Parts like iota are intended to help market Internet all power currencies exchange. Some pieces address the issue of cybersecurity by giving encrypted digital safes to store money.
New icos arrive with innovative solutions that disrupt the existing market and bring new value into transactions. They also meet authority in the market with their easy to use reliable exchange and back-end operations. They innovate both on the technology side with regard to the use of specialized equipment for mining and the financial market side by giving more freedom and options to investors in exchange.
3. Clarity on regulation
In the current scenario, most governments are studying the impact of Cryptocurrencies on society and how its benefits can be provisioned to the community as a whole. We can expect that there may be reasonable conclusions than the result of studies.
Few governments are already taking the path of legalization and regulation of markets as any other market crypto. This will prevent ignorant detail investors from losing money and protecting them from evil. Abling regulations that push growth are crypto-currency should appear in 2018. This will potentially open the way for widespread adoption in the future
4. Increase in demand
There is a huge enthusiasm for the application of Blockchain technology in virtually all sectors. Some start-ups are coming up with innovative solutions such as digital wallets, debit cards for cryptocurrencies, etc. This will increase the number of merchants who are ready to perform cryptocurrent transactions that in turn boost the number of users.
The reputation of Crypto assets as a means of transaction will be strengthened in addition to people trust this system. Although some start-ups can not survive, they will contribute positively to the overall health of the market creating competition and innovation.
5. Investment of financial institutions
Many international banks look at the crypto-currency scene. This can lead to the entry of institutional investors on the market. The influx of important institutional investments will fuel the next phase of growth of cryptomarkets. He captured the imagination of many banks and financial institutions.