2018 Oh What A Year In CryptoCurrencies

Not many Bitcoin blogs have been around to have had this same title in 2015 - seems every year is a "oh what a year" - but... 2018 was a doozy. From highs near 20,000 back in the heady days of Dec. 2017 and still holding up high early in 2018 - to the crashing of ALL alternative coins and Bitcoin. Many folks who got in as Bitcoin was increasing daily back in late 2017 - lost nearly all their starting capital.... as Bitcoin went out of favor and the bubble...for now...burst. Will it test its 3000 dollar level again? 

Also, the recent 51% attack on ETH classic - shows the increasing vulnerability of CryptoCurrencies - as it and many others have seen double spends and more. People not in the crypto space are reluctant to move into the blockchain as an investment vehicle and consequently nearly all trading volumes are way way way down. One ETF proposal after another was denied in 2018...but more are coming....and Bitcoin Futures entered the scene in 2018.... seemingly forcing the price down with more and more shorts.

Meanwhile in 2018 - CHINA was big big news.... cracking down on nearly all crypto...from exchanges to miners...other major markets such as India also showed no movement...while a few other countries saw the blockchain and crypto as the coming revolution. Speaking of which...in some countries with huge inflation if not revolution...Bitcoin made a presence of itself....as have Stable value coins in 2018 - and the first state sponsored coins. Ripple also passed ETH in marketcap but the battle is close...Ripple forms the all important bank connections and the IMF looks to crypto to provide possible funding to 3rd world countries and provide a means to determine who is creditworthy in nations without banking for the people.

So...it's all about change...and what's new about that.... nothing at all. So...adapt... be informed and be ready to act. The lower volumes and beaten down market are very responsive to real business news and the pump and dump have returned also to a degree. There is BTC to be made...even fiat. Keep the faith. I do intend to re-start this blog and post what I consider to be important crypto links and mix that up with sharing some of my trades in Crypto... looking forward to 2019. 

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Here's some recent pertinent links:

Why The Ethereum Classic Hack Is Not Good News For Crypto - call it a reorganized chain or hack...something bad is lurking for many smaller alts for sure.

Has The Bitcoin Price Become Price Bound?  - this analyst calls the price to be 3,000 to 5,000 for months.

Finally, Ripple wants a piece of the global payment system - no kidding.... 

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Here's that first link again you didn't hit above!
2015 Oh What A Year In CryptoCurrencies