Bitcoin of the Most Popular of Cryptocurrency in the World.

Some potential explanations about the cryptocurrency bubble could explode in 2018. However, there are several factors that make 2018 the best year for cryptocurrency.

Bitcoin, one of the most popular types of cryptocurrency in the world, is estimated to have a potential rise of 150 percent for 2018. Considering several factors, such as the potential for a cryptocurrency market increase that could rise in price by seven or eight times the current price.

Previously, there have been various potential explanations for the bursting of cryptocurrency bubbles by 2018. Many people ask, what will happen next? What to do when I have invested in it?

For those of you who are coin investors, you should always calculate the potential for ups and downs and losses, and do not take unnecessary risks. Therefore, then you will not invest your money too much or too little if using proper analysis.

Here are five theories that explain that in 2018 could be the best year for cryptocurrency:

1. Fixed the Problem

Bitcoin (BTC) is one of the most popular types of cryptocurrency in the world.
Most government-backed money goes in and out through bitcoin, so what happens with crypto currency can affect the entire market.

The token market dominates about 40 percent on Wednesday. By forecast, however, it is clear that bitcoin market dominance should return to 75 percent of the overall space. Therefore, there is a potential rise of 150 percent in bitcoin for 2018.

Why?

Well, BTC is still dominant. It has the largest user base and largest industry. Still, bitcoin faces challenges in increasing the scale of wider use. Now, bitcoins can not handle more than six or seven (or, with a "Segregated Witness" protocol upgrade, these are 12 to 14) transactions per second.

Compare with credit cards, which involves thousands of transactions per second, so criticism about the ability of bitcoin can be useful on a larger scale is understandable. Scalability challenges also result in high costs.

What is the solution?

This is a second peer-to-peer chain-linking network. For example, look at Lightning Network. Created by Blockstream, Lightning Network enables transactions from blockchain, thereby reducing transaction costs and increasing speed and scalability almost unlimited, and that is just the beginning.

As more and more improvements in bitcoin in several months are challenging, we will see a sharp increase in transactions and more bitcoin usage on these channels. What's more, the Lightning Network does not cost anything. In other words, the second network solves bitcoin problems - scalability and lack of liquidity.

That could be the main reason why this year could be the best year for bitcoin. By the end of 2017, bitcoin was predicted to fall as low as $ 5,000 - but potentially rises to as high as $ 60,000. Lightning Network will have a major impact on upside potential. There are also other second projects such as Rootstock that allow calculations similar to ethereum (a blocking computing platform that supports another cryptococcus named ether) to do via bitcoin.

An interesting project like that can cause significant price spikes against BTC. The price spike is estimated to be around 60 to 70 percent with a potential increase of 100 percent - and perhaps even more.

2. The larger ICO scale.

In 2017, the initial coin offer (ICO) will impact on ethereum network because ICO usually requires a lot of ether. It will support the demand for the digital coin platform. The more legitimate ICOs will generate greater interest in ether as we have seen with the multimillion-dollar ICO application provider and Kodak.

That is, we can see an increase in ethhereum market share to $ 200 billion by the end of the year from less than $ 90 billion on Wednesday. The price of cryptocurrency could double to $ 2,000. Although other platforms can see similar advantages, but ethereum will remain the main focus.

3. Regulation

Many believe that regulatory tightening can hurt the market, but that is a short-term perspective. In the long run, companies need rules for stability and legal certainty. In addition, tightening regulations will also give trust to users and institutional clients to invest.

The same thing also happened when Japan started to set bitcoin. The market went down at first, but eventually went up. Ditto in Australia and other countries can follow the same rule book - we'll see something like that with South Korea and probably many others - but the fate of the market will not be different than what is played in Japan and Australia.

4. The number of uses and trade.

There are some start-up companies engaged in debit cards, by offering debit cards to help people spend their cryptocurrency property. It shows the number of users and merchants has increased sharply in 2018.

In addition, this will make the reputation of cryptocurrency even more crucial, with more companies trusting them. Companies that run well this year will stand out and create a defensive bias - where some companies thrive and others fail, but people focus on the winner and ignore the losers.

Most companies start-up, but the spectacular success of companies like Facebook and Airbnb help overcome those failures. Likewise, the success stories of some entities in the cryptocurrency market will overshadow the negative news of some bankrupt companies.

5. Institutional Investors

The final reason why 2018 will be the best year for cryptocurrency is this year as the first year for institutional money flowing into the ecosystem. It is estimated that as much as $ 10 billion - $ 12 billion has been flown into the cryptocurrency market, but that is nothing compared to institutional funds that can be invested. The reason, the first fund sustains the market capitalization value to about $ 500 billion, $ 10 billion and the next could be $ 12 billion.

In short, the fifth possibility of the theory will not be 100 percent occur. However, there is a probability of 70 to 75 percent. And each can grow an overall market size of 50 to 100 percent - maybe even 200 percent. If you combine these factors, the potential for a market increase can increase to seven or eight times the current rate.

Nevertheless, perhaps the theory is not as we see it in 2017, this is much higher in absolute terms. It could make 2018 the most brilliant year for cryptocurrency. In addition, growth may not be based on hype or expectations because it will be on solid foundations.

However, you do not think positive first, because you have to consider a certain amount of risk before investing your funds into the cryptocurrency market. If you ignore the risk of fear, or uncertainty and doubt (FUD), you can be blinded.

The high interest of investors in Bitcoin make the stock of digital currency is increasingly eroded. Based on BitcoinBlockHalf, the site responsible for dividing the acquisition of its miner Bitcoin, so far has been more than 16.8 million BTC already mined.

This means, about 80% of total Bitcoin has been circulated. As is known, Satoshi Nakamoto the creator of Bitcoin, it limits only 21 million Bitcoin in the world.

As stated in the first proposal on cryptocurrency, this unidentified figure deliberately limits Bitcoin's stock to create scarcity and reduce inflation.

For the past decade, the people behind Bitcoin's operations managed to secure the rule.

However, some argue, there are a number of ways to manipulate it so that the stock increases, one way that is by utilizing attacks named 51% and Sybil.

The speculation leads to the theory that, Satoshi has completed one of the most complex computer calculations, namely Byzantine Generals Problem.

This issue is a gap in the security system that allows incoming attacks making it difficult for computer protocols to overcome them.

This stock restriction at once distinguishes it from about 1,300 other cryptocurrencies that could have billions of inventories for distribution.

To date, from every block that has been successfully mined, miners will get 12.5 BTC. Then from every 210 thousand blocks, that number will decrease by half, to 6.25 BTC.

Initially, this cryptocurrency enacted 50 BTC policies per block, divided into 25 BTC on 28 November 2012.

Based on the fact that as many as 1,800 Bitcoin are made every day, BitcoinBlockHalf predicts a similar new policy will be re-implemented on June 6, 2020.

With such a division system, it is believed that the remaining 4.19 Million Bitcoin will not be exhausted until 2140.