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BTC, XRP, TRX: 20 Years Down the Line

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The year is 2038, and many of us have aged a bit. Some of us dudes have accepted our fate as having lesser hair on our scalp. Perhaps a flying car would be a reality by then, and HODLers would be the lucky few who own them. That is because the cryptocurrencies of Bitcoin (BTC), Ethereum (ETH), XRP, Tron (TRX), etc., have blossomed to their full potential and become mainstream investment instruments.

What we are going through now – in 2018 – are growing pains that are sure to separate the so-called ‘weak-hands’ from the long-term HODLers who have seen the future like Doctor Strange in the Marvel Universe.

So let us travel forward 20 years in time and see what our favorite digital assets would be valued at as well as any technical advancements by then.

Bitcoin (BTC)

In 20 years, BTC would have probably experienced a few parabolic moves and peaked at all the predicted levels of $25,000, $50,000, $250,000, $1 Million, etc. These price movements would have even saved John McAfee from eating his own d*ck. By then, BTC would be the digital gold and all fiat would have become extinct and displaying in museums next to fuel guzzling Lambos.

More forks of Bitcoin would have emerged by then with each claiming to be the refined version of the original. But the original Bitcoin by Satoshi would be highly sought after by HODLers who believe its value will perhaps reach higher levels above the $1 Million predictions.

Ethereum (ETH)

The probability of the Ethereum community agreeing to solve scalability issues in 20 years is very high. By then, the network will be processing transactions at speeds that are probably 100 times current levels. The ERC20 token protocol would probably be obsolete and replaced by some other protocol that has fewer vulnerabilities in the smart contracts.

The price of ETH would have crossed the levels predicted at $1,000, $2,000, $10,000 and more. ETH would once again be the best alternative coin to HODL and not Stellar (XLM) or Zilliqa (ZIL).

XRP

The remittance industry in 20 years will probably be at the fingertips of the Ripple company. The firm would have by then, apparently merged or acquired SWIFT and any other threat to their ‘global domination.’ XRP would have surpassed the eagerly awaited $10 and done more in gains to levels that have not even been predicted. The monopoly of Ripple software solutions would once again become a cause for concern but not to XRP HODLers who would be reaping the rewards of waiting.

Tron (TRX)

Justin Sun and the Tron foundation would have managed to decentralize the web in 20 years. The digital asset of TRX would have managed to become the gold standard of rewarding musicians, actors and more. By then, the adult film industry would have catapulted TRX to levels that no one imagined due to PornHub further pushing TRX adoption on its site.

Litecoin (LTC)

By this time, Litecoin (LTC) will probably have decided to no longer live in the shadows of Big Brother, BTC. Litecoin would have managed to become the preferred digital asset for sending funds through SMS and Telegram messaging through Lite.im.

Also with TokenPay, the Litecoin Foundation would become the Goldman Sachs of crypto banking through the simple fact that they were one of the first to issue crypto debit cards after acquiring a stake at WEB Bank.

Conclusion

In conclusion, and the basis of this futuristic post is to remind crypto-traders and enthusiasts that we are on the cusp of greatness with cryptocurrencies and blockchain technology.

With every new technology that is introduced into the mainstream, there is a reluctance to adopt it immediately for this would be disrupting the ‘Business as Usual’ of doing things. Humans are creatures of habit, and any disruption of that habit is usually met with fear or hostility as we see now.

But 20 years down the line, crypto traders will be flying around in their cars and being glad they kept HODLing.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin Price Dumps Below $41,000 Amid Uncertainty

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Bitcoin price dumped hard on Monday, briefly slipping below $41,000, erasing gains recorded in the previous week. The premier cryptocurrency seems to have exhausted its recent rally propelled by industry vulnerabilities. At the time of writing, the world’s largest cryptocurrency was trading slightly lower at $41,385. Bitcoin’s total market cap has dipped by 2% over the past day, while the total volume of BTC tokens traded over the same period climbed by 58%.

Fundamentals

Bitcoin price has been facing retracements and a rollercoaster over the past few days after recently rocketing to a 20-month peak. On-chain data has suggested that many investors used the opportunity to take some profits, leading to a decline in the asset’s price.

Bitcoin’s price slump is mirrored in the wider crypto market, with the global crypto market cap decreasing by 1.85% over the past 24 hours to $1.55 trillion. The total crypto market volume has increased by 32% over the same period. The Crypto Fear and Greed Index has plunged from a level of extreme greed to a greed level of 70, suggesting a decline in risk appetite.

Ethereum, the largest altcoin by market capitalization, is currently trading at $2,167, down almost 3% for the day. Meme coins have been hit hard by the market slump, with Dogecoin and Shiba Inu down by more than 4% over the last day.

Last week on Thursday, cryptocurrency experts took notice of…

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Bitcoin Price is in Consolidation Mode Despite Market Optimism Post-Fed Decision

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Bitcoin price edged lower on Thursday despite optimism in wider markets on the back of the Fed’s interest rate decision. The flagship cryptocurrency has been consolidating above the critical level of $42,000 after briefly topping $44,000, its highest level in 20 months. Bitcoin was trading 0.71% lower at $42,569 at press time. BTC’s total market cap has increased by more than 3% over the last day to $832 billion, while the total volume of the asset traded over the same period jumped by 22%.

Economic Outlook

Bitcoin price has been trading sideways over the past few days, suggesting a pause in its recent rally towards $45,000. The premier cryptocurrency has decreased by 4% in the past week but remains 15.22% higher in the month to date. The digital asset has staged a significant recovery this year after a torrid 2022 in which a string of scandals, including the collapse of FTX, led to a market meltdown, undermining the credibility of the sector.

The crypto market has been buoyed by the Fed’s latest interest rate decision. The US Federal Reserve on Wednesday held its key interest rate unchanged for the third consecutive time, in line with market expectations. With the easing of the inflation rate, members of the Federal Open Market Committee (FOMC) voted to keep the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%.

Additionally, the central bank indicated that three rate…

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Bitcoin Price Blasts $44K in Spectacular Surge as Spot Bitcoin ETF Approval Looms Large

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Bitcoin price has been hovering above the $43,000 psychological level over the past two days amid anticipation about the potential approval of a spot bitcoin ETF. The flagship cryptocurrency has climbed more than 16% in the past week and nearly 170% in the year to date. Bitcoin’s total market cap has increased by nearly 5% over the past 24 hours to $858.9 billion, while the total volume of the token traded rose by 43%. The Bitcoin price was trading at $43,914 at press time.

Fundamentals

Bitcoin price has posted significant gains over the past few days, climbing to its highest level since April 2022, before the crash of a stablecoin that started a litany of company failures, pummeling crypto prices. The world’s largest cryptocurrency briefly topped the crucial level of $44,000 on Wednesday amid rising momentum despite being massively overbought.

According to analysts, with no spot bitcoin ETF approvals yet and the halving event five to six months away, the market is riding on FOMO. Capital has been flowing in the Bitcoin market amid enthusiasm that the launches of spot ETF will bring in billions of dollars of new investment into the crypto sector.

Investors have already started providing capital as seed money for ETF products. Notably, a recent report by CoinDesk showed that the world’s largest fund manager, BlackRock, received $100,000 in capital from a seed investor for its spot bitcoin exchange-traded fund…

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