First and foremost, welcome to 2018. I’m sure this will be a great year for cryptocurrencies.
In this post, I’d like to highlight our plans for this site and add some other random thoughts. Sorry that there is no clear “topic”, I’m aggregating some small things that couldn’t be stretched to ~700 words.
The future of coinanalysis.io
This site was launched in late 2017 and quickly managed to get some returning visitors. I made the site because I believe there are way too many fraudulent ICOs and most sites just paste the facts of a coin, they don’t give their opinion or analyse it properly. We haven’t analysed many ICOs and Coins yet, therefore I hope that I will be able to publish at least 30 analyses.
As the site grows, the need for new content grows – there might be new authors on the site soon!
With more content, we might start publishing new sorts of content, such as reviews of services related to cryptos. Let’s see…
The year of cryptocurrencies?
Some people or newspapers will claim that 2018 will be the year of cryptocurrencies. This is not true. Cryptocurrencies won’t be confined to 2018, they will be there all the time! (Yes, it might be the year where cryptos become “mainstream”)
The fall of Bitcoin…
I could (and probably will) write an entire article on the following conspiracy theory: The Banks crashed the Bitcoin (decentralized) to replace it with Ripple, a centralized system.
The question remains what will happen with the Bitcoin. In my opinion, it will die, here’s why: The death of the BTC is not related to the price – its due to the (im)practical use. The simple reason why it will fail is this scenario:
“Hey Bob, can you send me 5$ real quick? I wanna buy something.”
“Okay sure, let me pay 10$ in TX fees and wait up to an hour if we’re unlucky.”
…and rise of Altcoins
Additionally, a lot of other coins are mooning. There are so many very interesting altcoins out there, I’m actually excited to see where this leads us. A particular token I like is Utrust, the PayPal alternative. I’ve had many bad experiences with PayPal and their fees are crazy – its time for something new.
What’s going on in Crypto Valley?
One of Switzerland’s goals for 2018 is to make law regarding cryptocurrencies. In its current state, cryptocurrencies hardly have any regulations and are taxable. I’m interested in the outcome since Zug already claims that “they will know” if someone doesn’t list his Bitcoins in his tax report. They might actually know if they deeply analyse the blockchain, but what if a wild Monero/ZCash appears? I’m interested in what they will do, especially since I’m concerned as well.
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