3 Signs that 2018 will be Big for Cryptocurrencies

in #cryptocurrencies7 years ago
  1. Exchanges Restricting New User Account Registration.


image source: Cointelegraph.com

Due to overwhelming demand, the larger exchanges cannot keep up with new user requests. They have to upgrade their infrastructure in order to handle the increased traffic.

  1. Low Supply of Hardware Wallets.


image source: ledgerwallet.com

Supply cannot keep up with global demand for secure hardware wallets. There is currently a shortage of the very popular leadger nano s wallet and orders cannot be fulfilled until March according to ledgerwallet.com

  1. Listing of Bitcoin ETF's on NYSE


image source: Cointelegraph.com

This will make cryptocurrency investment more accessible and acceptable to institutional investors. The result could be more volatility for Bitcoin.

These 3 signs are evidence that more people globally are getting involved in cryptocurrencies and we could see massive price fluctuations in 2018. Do you agree?