Published:
15 April 2021 21:31 GMT
Bitcoin and other alternative currencies are registering new maximums for this year.
Three years later, the vuelven cryptocurrencies have resulted in very attractive prices for investors and the market is marking new maximums. Since the arrangement in 2021, the value of bitcoin increased by 2.2 times, and the ether (Ethereum) in 3.1 times. This Wednesday the price of bitcoin recorded in the historical record of $ 64,863 by unity.
What did he change during this period in respect of the euphoria of 2017? The experts have a clear idea: the focus of the investors.
“The investors have been involved in expanding the capabilities and ‘blockchain’ technology and, gradually, they are gaining traction in other cryptocurrencies in a justified way, looking for opportunities to benefit, “said Forbes columnist Rustam Botashov, HASH CIB Digital Finance Company.
New horizons
The value of Binance Coin, a token from the Binance cryptocurrency exchange, has been missing for 15 weeks now, replenishing the platform’s capitalization of $ 85,000 million. Otra moneda alternativa, Polkadot, a project designed to facilitate the interoperability of the wide range of platforms, has seen its capitalization revalue more than 6 times, up to 40,000 million dollars, at the same time. The value of the decentralized ballpoint pen Exchange ha cresido casi 7 veces.
Although it is very likely that a correction of the rates of the cryptocurrencies in the future, it is observed that the current situation in the market is fundamentally different from the 2017, when the value of these digital assets is drastically increased and increased in the background lasting more than two years.
Expectations and capacities
Normally, our skills and ambitions are based on the many capabilities and technical capabilities. For example, the first human flight in space in 1961 gave the hope of delivering interesting missions in subsequent decades. Without embarrassment, 60 years after the flight of Yuri Gagarin, humanity followed mainly in the terrestrial orbit.
Equally, the euphoria over the new money, the new ‘blockchain’ technology that needs to reconfigure the industry and dispose of intermediaries, such as banks and payment systems, dominated the market in 2017. the company name the maravillosa palabria “blockchain”.
Asia, Kodak announces in January 2018 the launch of the world for photographers KODAKCoin, which proposes an increase in the value of its actions from 3.1 to 11.4 dollars in the course of two weeks, if well the month has never appeared. Long Island Iced Tea Corp. Refreshment Manufacturer change your name by Long Blockchain Corp.. in December 2017, noting that the price of each of these shares will drop from $ 2.44 to $ 6.99.
While traditional investors are limiting themselves to buying actions of this type of companies in order not to pass the ‘boom’ of cryptocurrencies, desperados private investors are accruing cryptocurrencies and succeeding in alternative platforms. The volume of investments reversed in the initial initial public offer of 5,4 million million dollars in 2017, compared to the value of bitcoin increased in 20 weeks.
However, at the time it was clear that the ‘blockchain’ technologies had not reached a level of efficiency that was sufficiently high to replace the traditional centralized solutions, Botashov explained. For this reason, the cryptocurrency market is graduating in 2018.
Development and demand for decentralized services
According to the expert, what happened in 2017 can be described as a blur the explosive crime of cryptocurrencies, but can not be classified as blockchain technologies.
The technologies are evolving, giving rise to new solutions, increasing the speed of transactions and increasing the platform efficiency. But the most important is the demand for decentralized services and applications and each mayor interacts with the traditional and decentralized world. La Bitcoin acceptance to pay for merchandise and its rapidly expanding services have involved large players such as PayPal, Tesla, Mastercard and Visa.
The electricity sector DeFi (decentralized finance) is what will show the most active development, Indica Botashov. The technology is based on decentralized platforms that let customers in between using it intelligent contracts sin recurrir an intermediary. The volume of transactions in this sector has increased from 753 million to 53,500 million dollars in one year. According to the expert, tampoco esté lejos the legacy of seguros y de azar games decentralized.
In comparison with the year 2017, the expert recalls, “the actual and creative interest in cryptocurrencies is less speculative and most sensational” and is supported by “the development of blockchain technologies and the demand for its products”.
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