CRYPTOCURRENCIES ‘’ ENLIGHTENMENT ERA ‘’
Recent developments suggest that 2019 will be an efficient year for crypto currencies
The Frequently mentioned Blockchain technology, has taken its permanent place in our lives with the convenience and reliability it provides. Crypto currencies, which is the infrastructure of Blockchain technology provides, became one of the most popular investment tools of the world in recent times. The sharp increase at the end of 2017 attracted all the attention over crypto coins but 2018 has been more stable . Experts predict that 2019 will be a much better year for people to understand crypto currencies.
Erdoğan Köse who has made a name for himself with his works in finance sector for many years and also the founder and establisher of Turkey’s First Crypto Currency Intexcoin, Evaluates the crypto currency in 2018 as follows:
‘’ Blockchain, one of the most reliable technologies in the world today, has brought crypto coins into our lives as an investment tool. At the point in our lives today, we’re talking about whether or not crypto coins will be replaced by money, rather than whether they’re worthless.
At the end of 2017, the incredible rise of Bitcoin and the announcements of popular businessmen like Elon Musk increased expectations for 2018. There is also a movement with Bitcoin and Subcoins occurred. When we look at the first 10 months of 2018, we observe a fluctuating course in crypto coins due to various speculations.
At the last period , the big companies that taken action to allow Bitcoin as investments created a 10% increase since October 15 and made the inverstors happy. Right after that, one of the world’s largest asset management companies said he wanted to add Bitcoin and crypto coins to his multi-billion dollar investment portfolio.
This type of activity of such companies means a great start up for the crypto money market in the coming period. ‘’
Erdoğan Köse also stated that 2019 will be the ”Year of Enlightenment for crypto currencies ‘’
He also stated ;
‘’ Instead of opposing crypto currencies, both states and people have begun to educate themselves in this direction, trying to understand them. From this perspective, 2019 will be a much more productive year for crypto currencies with high expectations and the increasingly widespread of Blockchain technology.
According to the results of a recent study, the number of free investment funds focused on crypto currencies increased a lot this year. Despite the ‘’Bull Trend’’ that dominates the market throughout the year, the increase in investment funds gives hope to the users and companies.
Crypto money mutual funds increased by 1.69% compared to last year. This ratio is approximately 471% more than the data in 2016. Bitcoin is expected to rise above $ 6,000 Levels after a really long time. It is also rumored that many institutional investors will be involved in the market. The current price level may represent the last station before the train departs.”
Intexcoin News Release / October 2018
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