Banks have both financial and human resources who are experts in their fields so that they will adapt to existing technological developments. For example five years ago very few people were talking about coins like Dogecoin Stellar Lumens and Cardano.
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Unlike something like the SP 500 where there is decades of data to use in predicting the future crypto is a relatively young market.
Where will crypto be in 5 years. Over the past year MTV has climbed by an average of 90 percent per month. Furthermore 5 years is a relatively long time in the crypto industry. A day after a crash in the Indian cryptocurrency market Paytm founder.
Still in my view I suspect that its price will be substantially higher than where it is today considering that is being backed by one of the worlds richest man. In five years it will be the mainstream technology. Walletinvestor predicts strong growth for CRO in 5 years and expects it to increase by up to 62683.
Im either going to. It is even harder to predict where crypto that launched less than a year ago will be in the next 5-years. Nowhere in the middle.
Businesses will use blockchains like Etherum and Stellar to deploy self-executing smart contracts across their organizations. We can expect download or file transfer times to be reduced to only a few minutes or seconds. Banks will die in 5-10 years because crypto is a wild fantasy which I highly doubt.
In many ways 2021 has been a breakthrough says Dave Abner head of global development at Gemini a popular cryptocurrency exchange. Absolutely could be. All in all the price of CRO is expected to be around 04.
This happens almost every 5 years throughout history as markets. Crypto to be part of our lives in 5 years. For example if you had done this after the 2018 crash you wouldve bought Bitcoin at 3k and sold somewhere between 40k and 60k.
Highlighting that cryptocurrencies are being used in a speculative manner right now he predicted that in 5 years all governments would have their stance clear. I believe in the next 5 years the Top 5 cryptocurrencies will be. In this case your current 100 worth of investment will turn into 723.
Theres tremendous focus and attention being paid. Every government is confused. Although he goes far enough to say that most governments will widely adopt cryptocurrencies he says that cryptos will most likely not replace fiat currencies like the USD and INR.
Five years from now would be a long way to determine the actual price of a cryptocurrency. 1x or 2x. The SP 500 generally has a rate of return of 60 over a 5-year period while the FTSE 100 has a return of 25 over the same period.
In the next 510 years I can see cryptocurrency being a part of our regular lives. PrimeXBT a famous trading platform for cryptocurrency predicts a powerful surge from 1 reaching a high of almost 12 in 2022. The Paytm founder admitted that cryptocurrency is currently being used in a speculative manner elaborating.
If the altcoin maintains that growth it could close 2021 at 0102300 percent higher than its. The next all-time high will probably be 1x or 2x. People will be paying for games and playing.
However for now we will focus on a bold Twitter claim. Nonetheless Shiba Inu is likely to give investors significant value appreciation in the next 5 to 10 years. My prediction is that in 10 years Bitcoin will either be over 500000 or under 1000.
Going back to OPs statement that banks will die and crypto will take over in 5-10years I think this would be impossible for now I cant also figured out if in the future banks will disappear because banks are a centralise platform that government has a control over it I believe that crypto will become one of the circulating currency all over the world working together with.
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