Day 12- May 30 Days Writing Challenge: What Crypto Asset Will Dominate The Market In 5 Years?

in #challenge30days6 years ago

Good day to all Steemians! It is now the twelfth day of the May 30 Days Writing Challenge which was initiated by @dragosroua but I am still here doing this challenge. I may have been late to start this challenge, but I am determined to do it until the finish line.


Source: Pixabay

So for today, the question is What Crypto Asset Will Dominate The Market In 5 Years?

I want to be honest, I don't have enough knowledge about cryptocurrencies. In fact, I just listen to the news and predictions from experts, and I can't hardly understand those graphs about cryptocurrencies. I will answer the question based on my observations, and predictions.

  • Bitcoin will still be on top
    There are predictions that Bitcoin value will skyrocket to $700k or even $1 million. However, such prediction still looks impossible for now. Perhaps, it may happen when trust from people builds up, and when media stops demonizing the said crypto. With its current value, it seems impossible for other crypto to equal the price of Bitcoin. Besides, talking about crypto, Bitcoin will cross your mind. With regards to acceptability from other companies, Bitcoin is the most considered.

  • Other cryptocurrencies behind Bitcoin
    There are great cryptocurrencies behind Bitcoin that will surely do good. Ethereum, I think, will stay behind BTC. Other digital currencies like EOS, XRP, and BCH will still do good.

  • How about Steem?
    I cannot predict about Steem, but if their team will fix the flaws and issues surrounding the platform, it's very likely to rise from its current position.



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