2018- The defining year for cryptocurrencies
2017 has been a stellar year for cryptocurrencies . However, the mainstream media still believes it to be a bubble and compares it to the Tulip Mania. That for me is the most inane comparison I've heard or read in a long time. While the naysayers who believe this to be a bubble are still ignorant of the revolutionary technology behind cryptocurrencies. That to me , wreaks of stupid ignorance and plain foolishness.
While I believe that, returns in many of the coins is plain speculation without any solid backing , i know and believe that the blockchain technology solves many of the problems we face today. You can read about the blockchain technology in one of my earlier posts
https://steemit.com/cryptocurrency/@cryptogem/blockchain-ushering-the-internet-of-value
I truly believe that 2018 will be a watershed year for cryptocurrencies with mainstream adoption. Yes, we might see huge wild corrections in price along the way, but as I ve said earlier, investors should remain invested in cryptocurrencies for a long time, they shpuld be hodlers and stop panicking and worrying about these stupid daily moves.
Cheers!