Consensus 2018 kicks off tomorrow and it's expected to be bigger than ever!
The biggest cryptocurrency event in the world, known as "Consensus" is set to begin tomorrow.
Not only is it the biggest conference in the world in terms of attendance as well as who these attendees are, but this year is expected to be significantly bigger than previous record setting years.
And to be honest, it's not even going to be close.
Last year, the previous most well attended event, had just under 3k people attend the conference.
This year it is looking like over 8k will attend.
(Source: https://twitter.com/coindesk)
This was posted a few days ago and it looks like that number keeps climbing.
It appears interest surrounding the event keeps on heating up.
Here are the google search trends related to the event as well:
(Source: https://twitter.com/satsinvest/status/995630885385986048)
This year it takes place in New York at the New York Hilton Midtown.
(Source: https://twitter.com/coindesk/status/995456178909040640)
What effect might this conference have on the crypto markets?
I'm glad you asked!
If history is any indication, the answer is that it will likely have a significantly positive impact on the crypto markets.
Especially if this year's conference is roughly 3X as large.
(Source: https://twitter.com/fundstrat)
Does 3X as large mean 3X the impact?
Not sure about that, but if that was the case we could expect to see something like this:
(Source: https://twitter.com/fundstrat)
Or here, this is perhaps a slightly more clearer representation about what to possibly expect:
(Source: https://twitter.com/FrenchCTrader/status/995673684105924613)
All that being said, keep in mind that when everyone expects something to happen, it often does not happen.
However, the fact that this conference is so much larger than years past, and the fact that crypto is down significantly year to date, leads me to believe there is a very good chance that history repeats and we have a very good next several weeks/months.
Plus, we can't forget about this:
(Source: https://goldstockbull.com/articles/bitcoin-seasonality-chart/)
May and June tend to be pretty good months for bitcoin and crypto.
Stay informed my friends.
Follow me: @jrcornel
cant wait for this event! It’s a fantastic opportunity to promo the vision for crypto as well!
Exciting event, hopefully Bitcoin goes on a run like last year's event
Finally soemthing in nYC, I’ll be attending tomorrow I hope
2018 is just the beginning of the era of cryptocurrencies and the revolution of our entire system we just started will created a ripple around the world.
Your last comment is the only thing keeping me away of investing now... When everybody is expecting something to happen, it usually doesn't. But still, the opportunity seems too good to let it pass. Cheers
Wow what a great post about cryptocurrency
Thanks for your great post @jrcornel
In where can we trade Consensus ? Can you talk about its blockchain technology ? For crypto news follow @jyotirmay
Never heard of Consensus though, from the bitmexlifestyle graph, May-June is tipped off as a good month for BTC and crypto generally.
May is almost gone half and the reds/blood still flows in crytposphere.
As diehard HODLERS, we still keep hope alive.
I look forward to a favourable outcome after Consensus 2018.
I have already marked my diary for the 20th & 80th days after.
Thanks to @jrcornel as always.
very good points and i am so exited about consensus 2018....
can you please tell how much increse sbd value?? is it cross 10$ ... and what about btc price ???
I have no idea what the prices will go to. I am hopeful that they will go up significantly, but that is about all I can say.
sir when we see sbdprice 10$ +?
I've been buying more and more coins during last few weeks because the rates have been really low... Hopefully I can sell some of them if the rates start going up.
Great Post my dear @jrcornel.
I can't wait to hear some feedbacks from Consensus18 !