Q. What will be the effect of new crypto funds entering the space?
kirti

dark knight in a day


What will be the effect of new crypto funds entering the space?

will it lower the prices of the present coins ?


2

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12

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8

Jan, 2018

2 Answers
  • roman

    theres currently a depth of ICOs been released daily that simply wont be along in the long term but i think in the short term are diluting the market and the good projects because the average in experienced investor thinks they can make a quick 100x


       

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  • sguenther40

    No one can predict in what manner the crypto market will develop, especially with reference to the price of specific coins. ONe thing that is safe to say is that new money that enters the crypto market will contribute to the development of a bull run and hopefully support the development of many important projects!


       

    answered by

      14.1 q

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Blockchain

Blockchain is the backbone technology that powers cryptocurrencies. Simply put, it’s like email for money (and many other things) which anyone can access, no central authority controls, and is practically impossible to censor.
Blockchains are already beginning to transform everything in our financial system, from commerce to capital markets. It is still early days but blockchains will be as transformative as the printing press, the internal combustion engine, or even the internet itself. The exponential and disruptive growth of Blockchain will come from the convergence of public and private Blockchains to an ecosystem where firms, customers and suppliers can collaborate in a secure, auditable and virtual way.

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