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Bitcoin 2018: growth or crash? This is our forecast for Bitcoin development in 2018.

What speaks for, what against further growth? We analyze problems and price gougers. Special guests: Ethereum, IOTA and Litecoin in 2018.


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Bitcoin 2018: growth or crash? This is our forecast for Bitcoin development in 2018. (c): VIGE.co - Fotolia.com

21.12.2017

Undoubtedly, 2017 was an important year for many longtime crypto fans and also for newcomers! But how will Bitcoin develop in 2018? We analyze the signals of a crash or for a strong growth. What are the effects of government intervention, energy consumption and other hard forks? How will Ethereum, IOTA and Litecoin react?





Review: Bitcoin 2017

The year 2017 was impressive: Bitcoin has increased almost twentyfold. On 1st January 2017 you could buy a single Bitcoin for 900 USD, at the end of December 2017, the course will probably crack the 17,000 USD limit.

Bitcoin 2018 © "Crypto Compare Screenshot"

There are also lucrative hard forks such as Bitcoin Cash (currently about 3,600 USD) or Bitcoin Gold (currently about 442 USD), which could be obtained to the same amount for free, as one had Bitcoin at the same time. (Here you can find the guide for Bitcoin Gold , which works with Cash as well).

That it did not come to the emergence of B2X (Bitcoin with a block size of 2 MB instead of 1 MB incl. SegWit) in November 2017 can be accepted then. In mid-December 2017, the so-called Super-Bitcoin was forked, which included the technical advances of all BTC forks of 2017 and is officially released in 2018. Bitcoin Platinum and Bitcoin Cash Plus are announced for the end of 2017. Thus you almost lose the track! But for more on that, see below.

There remains the insight: such an increase would not have been expected even by the boldest optimists. In fact, in 2017 it was almost impossible to make any profit with crypto-currencies. This development can make an investor – like our team - dizzy.

Many reports and statements by self-proclaimed as well as real experts give the impression that Bitcoin is a bubble, which is really expected to burst this time. If you want to know what Bitcoin is and how it works, we recommend our Bitcoin Wiki .

 

Best place for buying Bitcoins: how can you safely buy Bitcoins (BTC)?

Bitcoin & Ethereum-wallet test: Coinbase review

 

Our evaluation:

In any case 2017 will be a footprint in the history of crypto-currencies. Retrospectively, in 10 to 20 years you will speak of the invasion of crypto-currencies - and Bitcoin in particular - into the daily lives of many million small investors and since 11th December 2017 also into the financial world. Or alternatively: exactly 10 years after the last global economic crisis and 20 years after the Asian crisis and the bursting of the dot-com bubble moments later, 2017 could also be the slide into the next crisis according to schedule!

But please do not panic: in addition to the supposed hype there will always be fears accompanying: is the establishment of Bitcoin & Co. taking place in the mainstream or are we heading down to a big crash? Step by step we analyze the problems, the solutions and the course boosters:


Crash of Bitcoin & Altcoins in 2018: the top 3 crypto issues

One thing you always have to keep in mind when talking about crypto-currencies: it is about technology, about man-made software that can also be faulty. If there were any real faults in the security of Blockchain technology, they would have been discovered and fixed by now or Bitcoin would not exist anymore. Thus we are not concerned.

Nevertheless, we recognize three problems that could deconstruct the continuation of the Bitcoin success story in 2018:

1st problem in 2018: the gigantic energy consumption

Power consumption for operating the thousands of data centers, that confirm Bitcoin transactions by writing them into the blockchain and being rewarded with new Bitcoin (also called mining, see here), is enormous. Thus, in the media you can continuously read about comparisons: Bitcoin consumes as much power as Denmark or Croatia; one transaction could supply a one-person household for a month. A recent study has shown that with a constant number of transactions and the same hardware, the power consumption of the Bitcoin blockchain will reach the power needs of the United States by the summer of 2018. One year later, the entire electricity production of the earth would be necessary.
The really serious aspect is that approximately 60 percent of the data centers are situated in China and the local energy is mainly obtained by the combustion of coal.

Bitcoin 2018 © "TTstudio - Fotolia.com"

In addition to the consequences for the close environment (China is known for lax laws) an amount of CO2 is released, which can affect global warming.

 

Solution: how could hunger for energy be satisfied in 2018?

As written above, Bitcoin is a software that can be improved by updates (very simply put!). Energy demand is so huge because the proof-of-work process requires confirmation of all transactions through all blockchain-fullnodes. Other crypto-currencies are further developed, such as IOTA (here our test ), the Tangle method (1 transaction confirms 2 others), or like Ethereum, which is changed to the proof-of-stake process soon. So there are alternatives that can and will make Bitcoin operable  beyond the year 2018.

Our evaluation:
In 2018The problem will keep us busy as well. The enormous power consumption paralyzes the Bitcoin blockchain and could become a real threat!
More efficient mining will make the problem bearable for a while, but unfortunately we do not expect a real solution for 2018.
This could reduce the number of data centers due to inefficiency, jeopardizing the decentralization of the network. This could be the chance of Altcoin Litecoin. For more information, see the third from last chapter.

2nd problem in 2018: limited number of transactions, lack of scalability

When the Bitcoin was invented in 2009, the founders around Satoshi Nakamoto stated that the block size of Bitcoin should be 1 megabyte and a new block should be created every 10 minutes. Due to this fact and the average size of 226 bytes per transaction the number of transactions is limited to 7 pieces per second.
The comparison with PayPal (60 transactions per second) or Visa (1,700 T / sec) shows how low Bitcoin's throughput is. Therefore, the network is already considered to be busy: by now it is necessary to be prepared for the fact that your own transaction is only processed with the (next-) next but one block.
The number of daily confirmed Bitcoin transactions:

Bitcoin 2018 © "blockchain.info Screenshot"

 

Solution: how could the number of transactions be increased?

This problem can also be solved and is one of the reasons for the constant hard forks in 2017: you could increase the block size (e.g. like Bitcoin Cash to 8 MB) or outsource part of the information of a block (Segregated Witness, also SegWit) - or a combination of both. What sounds simple is difficult to implement because a majority of Bitcoin stakeholders would have to agree, and as always, there are not only winners (e.g. the users), but also losers (such as lower-performing data centers) with these changes. The community has been discussing bitterly for years. Frequently there were hard forks indeed; whoever wanted to achieve changes, had to split off. Of course, this leads to a weakening of the Bitcoin as a whole.

 

Our evaluation:
The low data throughput will be a big problem in 2018. Unfortunately, in 2017 the Bitcoin community showed that it splits rather than seeking compromises.
A solution which is being hoped for from many sides is the implementation of the so-called Lightning network, which is actually planned for 2018!
This step is urgently needed to make the Bitcoin available to the masses. Bitcoin is still the top dog, but this position is not cut in stone.

3rd problem in 2018: high transaction costs

The problem of high transaction costs emerges from the second problem: in order to get their own transaction in the next block, users can simply pay a transaction fee. The miner gets it and makes it more attractive for him processing those transactions with higher fees first.
It is a vicious circle to the disadvantage of the users: our own costs and high power consumption make us increasingly frugal with transactions. This situation is likely to exacerbate in 2018.
Unfortunately, this is fundamentally contradictory to the idea of using Bitcoin as a method of payment.

Meanwhile the miners earn huge sums of money. The total value of all transaction fees paid to miners in 2017:

Bitcoin 2018 © "blockchain.info Screenshot"

Solution: lower transaction costs in 2018

The solution could accompany the solution to problem 2. For example, for Bitcoin Gold a transaction does only cost 1 cent!
An even more comprehensive solution, however, would be that Bitcoin supported the Lightning network (see point 1 of the next chapter). Here, 1 million transactions per second are possible. This would enormously relieve the blockchain and thus significantly reduce the costs for a transaction in 2018.

Our evaluation:
The strategy is obvious: the costs per transaction are too high and they will continue to grow in 2018 until the Lightning network becomes available to Bitcoin. The community has recognized the problem; initial tests have already been successful.
Lightning is needed so urgently - and we are optimistic that it will come!

Why do the exchange rates of Bitcoin & Altcoins continue to grow in 2018: the top 5 course boosters?

In addition to the problems just described, we also see a huge potential for development in Bitcoin. After such a profitable development, how can we deduce a positive development for 2018?
We have collected 5 reasons for you:

1. rigger: Further development through Lightning network

As already written above, there is a solution that was developed in the course of many years and has been successfully tested several times over the past weeks and months in order to virtually solve all three problems of the Bitcoin in 2018: the implementation of the Lightning network!

Bitcoin 2018 © "stnazkul - Fotolia.com"

The Lightning network is an offchain solution with no hard-fork and no change to Bitcoin. A prerequisite for the activation of Lightning was Segway activation on 1st August 2017. In short, with Lightning any number of transactions between two users can be sent - whereas only the actual difference is entered in the block chain. The small-scale transactions that make up the grand total are just peer-to-peer.
Thus mircopayment 8as well as Bitcoin) - for example paying for coffee – will become affordable and therefore useful.   

Every second, Lightning can handle 1 million transactions (currently without Lightning: 7 transactions per second).

 

How far advanced is the implementation?

In the test, the use of Lightning was already successful. This applies to at least 3 different technical approaches of how integrating Lightning. In 2018, Lightning will be released on the Mainnet of Bitcoin. Bitcoin is not changed, thus an implementation should not stand in the way of it.
Nevertheless, there is still an intermediate step: in order to use Lightning, SegWit must be supported by exchanges and wallet operators. If Lightning works, adaptation to SegWit will certainly be accelerated.

Our evaluation:

We assume that Lightning must be introduced in 2018 to solve the current problems!
It is about a huge technological leap that comes with Lightning! Lightning will not only relieve the Bitcoin blockchain, which will result in lower costs and faster transactions. We can almost certainly expect that the integration of Lightning will lead to a strong exchange rate increase in 2018.

An example: when Bitcoin's younger brother Litecoin activated Lightning in 2017, price doubled within a few hours of its announcement.

2. rigger: Increasing legitimacy of the (financial) public

By 2017 Bitcoin had made the leap out of the darknet corner. More and more states are dealing with the blockchain and thus also with Bitcoin and crypto-currencies in general.
In some cases this leads to rejections (see Russia, India), in other cases to increased legitimacy of the crypto-currencies. For example, Japan made Bitcoin the official payment method next to the yen in May 2017.
Regulation is being considered in many countries - good news for all crypto fans, because: with increasing legal certainty, the acceptance of crypto currencies will also increase!

Our evaluation:
We strongly assume that in 2018 no central bank will be able to duck away from the blockchain. Democratic and authoritarian states must open up to technology and digital progress (regulation, futures). Some states like Russia, Australia, Singapore and China are even thinking aloud about their own crypto-currencies. That is a good thing, too. That is what paves the way for crypto-currencies as a whole into the mainstream.

3. rigger: habits and big capital (Bitcoin Futures, ETFs)

If crypto-currencies are regulated and thus legitimized and in case state crypto-currencies emerge, gradually more and more citizens are getting used to the advantages of the already existing crypto-currencies: high anonymity, security, cheap and fast transfers (at this point we recommend our article on Monero ): they enter the market, additional demand also means rising prices.

In addition, global confidence in decentralized crypto-currencies is increasing. Presumably, commercial banks will also increasingly feel this: customers will be asking for crypto-products or increasingly handling international payments without banks.

 

Even the big capital will find its way into the crypto world. Launching futures trading on the Chicago Board Options Exchange (CBOE) for the first time in December will enormously boost investor demand. Soon, ordinary people will no longer be able to afford one full Bitcoin. This is when Altcoins profits increase their capitalization.
We also expect that other financial centers will also allow futures trading on Bitcoin, New York Stock Exchange and Deutsche Börse have already been thinking aloud about the integration of Bitcoin futures contracts. The first ETFs are also expected to be admitted in 2018, having been rejected several times in 2017.

Our evaluation:

Wherever money can be earned, of course, the traditional financial world cannot be discouraged, although the Bitcoin was ironically developed as a counter-concept against the classic investors.
If insurances and funds or even stock market heavyweights like George Soros start in the crypto market because of lacking investments, this potentially means a tenfold increase in market capitalization of currently 500 billion USD to 5 trillion USD. At the moment market capitalization represents only 0.01% of global money.
There is still a lot of room for improvement here. In the medium term (3-5 years) a crypto-capitalization of 1% can certainly not be ruled out - effectively that would be a hundredfold increase compared to today.

4. rigger: exponential distribution

Anyone who gained positive experiences with crypto-currencies in 2017 wants to continue this in 2018 and will gradually pass it on to his circle of acquaintances. The distribution of information about crypto-currencies is therefore exponential: each one passes on his knowledge to at least 2 (presumably more than 10) friends.
Since, according to optimistic guesses, 200 million people own crypto-currencies and at least 1 billion of them have heard about them - but more than 7 billion people exist - this means a huge additional target group. If only 10% of all people enter the market, they are still 3.5 times as many as today!

Our evaluation:

Actually, exponential spread is part of basic economic studies or business high school: if there is a demand for a limited good, the price must rise.
In this respect, we see great potential for Bitcoin in 2018. Because according to the above mentioned considerations and facts, we may also be at the beginning of the big capitalization and not in the middle of a bubble!

5. rigger: value security in unstable regions

The fifth and final important rigger for 2018 is the growing trouble spots in the world: Venezuela suffers from hyperinflation; your own money is nothing worth anymore. The shelves are empty, even foreign exchanges for important drugs are missing. Venezuela has only lots of oil and consequently energy/electricity. This makes it possible to compete competitively with data centers that use Bitcoin mining to produce an internationally inquired resource.
China wants to control its citizens - and money is the appropriate method for that. But what if China cannot control decentralized networks and citizens escape into crypto-money?
If North Korea threatens its neighbors with annihilation, it becomes more and more important for South Korea or Japan, to get foreign currency or even crypto-money, the moment their own Won or Yen is nothing worth more.

The three examples clearly show that in 2018 there will be crises all around the world as well. Bitcoin does not cause the crises, but Bitcoin owners can profit if confidence in traditional currencies increasingly erodes.

Our evaluation:
Certainty in values is a rare commodity in unstable regions; this need increases with each escalation. In 2018 people will also invest their assets in independent, hard-to-control crypto-currencies in order to be safe from state despotism or international threats (see 4th rigger).
Whoever has invested in crypto-currencies recognizes the benefits and will use them rather than giving up on them.

Influence of the Bitcoin Futures on the Bitcoin price in 2018

The launch of futures trading on Bitcoin prices is a significant new perspective on crypto-currencies in general. Since the launch of the first futures contracts by the Chicago Board Options Exchange (CBOE) on 1st December 2017, you can bet on rising or falling Bitcoin rates without even owning them!
You can bet 'long': so it is based on rising prices or you bet 'short' hoping for decreasing prices. So far a simplified view; we will discuss the issue more thoroughly.

Buy Bitcoin © "ulchik74 - Fotolia "

At least four other stock exchanges in America, Japan and Germany are officially involved in Bitcoin futures trading. However, it can be assumed that far more stock exchanges have to cope with the issue: where others can make money, of course, nobody wants to be short of it.
South Korea, on the other hand, has already ruled out a futures contract on Bitcoin, as it wants to protect its own gambling-crazy citizens.

Our evaluation:

We consider the futures to be extremely important for the entire crypto-market: with the traditional financial investors, big money will flow into the crypto-market and the Bitcoin will thereby be raised to new levels.
Of course, there can be only (healthy) increases, even of the course drops once. These corrections can then also be influenced by futures trading - but the exchange rate increases as well.
So we can strongly assume that in 2018 futures will boost the Bitcoin price sustainably and long-term.
We do not consider a value of 100,000 USD per Bitcoin to be unrealistic until the end of 2018. Why? We will explain this in our forecast for 2018, 2019 and 2020 in the next but one chapter.

Ultimately, futures trading is a matter for gamblers. If you bet wrong, you can lose your entire bet within a very short time.

More Bitcoin Hard Forks in 2018 and 'free money'?

Most likely: YES!
Anyone can copy the Blockchain as you like, so in 2018 everyone can use the famous name Bitcoin to create your own made-up-currency.
As it was the case for Bitcoin Cash in August 2017, these can be influential miners or, as was for Bitcoin Gold in October 2017, largely unknown players.

The number of forks cannot be limited or anticipated. But some hard forks for 2018 are already at the ready:

  • On 15th December 2017 the so-called Super Bitcoin was forked, which contains all the technical advances of all BTC Forks of 2017 (SegWit, 8 MB block size, Lightning) and is to start in 2018.
  • The Bitcoin Platinum fork on 23rd December 2017
  • The fork of Bitcoin Cash Plus on 31st December 2017

Of course, a blockchain can be easily backed up to specific day. Making it a high-quality crypto-currency, however, is a tough job. Therefore, the recently forked Altcoins will all be public in 2018.

Bitcoin 2018 © "phongphan5922 - Fotolia.com"

Our evaluation:

We always assess the forking very critically.
Of course: you get the new coins for the same amount of your Bitcoin, and this for free. This requires the Private Keys, for example using JAXX (our test ), Exodus (our test ) or even better the Ledger Nano S* or the Trezor Wallet*.
It should not be forgotten, however, that the original Bitcoin with forks is always somewhat weakened, i.e. the name is washy. Finally, the image of Bitcoin shapes the whole crypto-currency market!

Where does Bitcoin stand in 2018, 2019 and 2020?

The prize question par excellence! You could say that any forecast for future rates is coffee grounds reading. Nevertheless, we try it based on the past developments and dare a forecast:
Projection of the development in 2017, also of 2018, 2019 and 2020
This year Bitcoin increased nearly twentyfold. On 1st January 2017, you could buy a Bitcoin for 900 USD, at the end of December in 2017, the course could crack 17,000 USD.

Brought forward to the end of 2018, this means: 17,000 USD x 18.8 times = 319,600 USD!

Ok, then you start sweating! But who knows what the 'big capital' of the exchanges and the Lightning network can do!?
But suppose the price only rises one third of the rate in 2017.

For the end of 2018, that would mean 17,000 USD x 6.2 times = 105,400 USD!

Even this development, which we consider more realistic, would still be gigantic! It should not be forgotten that the Altcoins will follow accordingly.

If we take the development period of two years (1st January 2016: 400 USD) or rather three years (1st January 2015: 250 USD) for 2019 and 2020, the result is

At the end of 2019 (from development 2016 & 2017): 17,000 USD x 42.5 times = 722,500 USD.

more defensively with one third of the rate: 17,000 USD x 14 times = 238,000 USD

At the end of 2020 (from the development 2015-2017): 17,000 USD x 68 times = 1,156,000 USD
more defensively with one third of the rate: 17,000 USD x 22.4 times = 380,800 USD

Our evaluation:
You must not be artificially blinded by high numbers. Bitcoin and all Altcoins will also have to cope with setbacks in the next few years.
At the same time, crypto-currencies can never be completely forbidden, so that even with increasing regulation a positive development can be assumed.

In terms of global money supply, only 0.01% is part of crypto-currencies. Even a tenfold increase would then correspond to only 0.1%.
In the medium term (3-5 years) a gradual increase to 5% cannot be precluded. So for 2022, the question can be asked:

Where is Bitcoin in 5 years?

Finally, a brief look at the development of the last 5 years and the outlook for 2022.
In early 2013, Bitcoin could be purchased at a price of about 10 USD each. This means an increase of 1,600 times compared to the present rate (about 16,000 USD per piece, 18th December 2017)..

At the end of 2022 (development 2013-2017): 16,000 USD x 1,600 times = 25.6 million USD
Defensive calculation with a third of the rate: 16,000 USD x 528 times = 8.448 million USD

The defensive calculation from the previous development corresponds to the consideration that in 5 years 5% of the global capital is part of crypto-currencies (not only Bitcoin).
And even if Bitcoin 'only' increases a hundred times, wouldn’t that still be incredible?

Special Guests

99% of crypto-currencies are freeloaders of big role models such as Bitcoin, Ethereum or IOTA, i.e. with no serious distinct advantages. Presumably the vast majority of Altcoins will disappear again over time.
At the end we take a closer look at some hot Altcoins and justify our selection:

Ethereum in 2018

Ethereum differs from Bitcoin as it was not designed for payment transactions only: in the blockchain Ethereum so-called smart contracts can be set, i.e. entire contracts. This can be any private purchase contract or even the (encrypted) information about who completed when and where which educational qualification. In Brazil, they are even working on how to transfer the entire land registry to the Ethereum blockchain in order to forestall corrupt officials.
These technological features strongly contrast Ethereum with Bitcoin.

Developmentally speaking Ethereum has not been finished yet. On 16th October 2017, the so-called Byzantium upgrade was carried out, the first step of the Metropolis hard fork. The second step and final development must take place within 18 months, i.e. at the latest in spring of 2019. If you keep the old version of Ethereum, the network becomes unusable or rather slow (keyword: difficulty bomb). During the second step, called Constantinople, the important and above-mentioned change from proof-of-work to the proof-of-stake mechanism takes place, which will make the network faster and more energy-efficient.

This update is expected to happen in 2018, perhaps also in early 2019. The exchange rate of Ethereum will certainly not be threatened, on the contrary, because then the use of the blockchain will be cheaper and easier.

Let us analyze the retrospective price development for an outlook:

On 1st January 2017 you could buy one Ether for 7.75 USD, on 18th December 17 the price was around 618 USD. Consequently the price increased almost 60 times!

Projected to the end of 2018, this means: 618 USD x 79.7 times = 49,254 USD!

But assuming Bitcoin the price only rises at one third of the rate in 2017.

For the end of 2018 that would mean at least: 618 USD x 26.3 times = 16,253 USD!

Our evaluation:

Currently we cannot see anything that speaks against a positive development of Ethereum. The update is predictable and since Ethereum is ranked 2nd among the world's crypto-currencies (twice the market capitalization of the third-placed currency), many newcomers will also invest their capital into Ethereum.
Very auspicious! We recommend the purchase of Ethereum via Bitcoin.de* (our test ), LiteBit.eu* (our test ) or via Coinbase* (our test ).

IOTA 2018

We have already covered IOTA in detail, see a-5. It is software that will enable the Internet of Things: all coins are already on the market, transactions are free and even needed: with each own transaction, two more are legitimized. Therefore scalability is effectively open and there aren’t any upper limits.

Many well-known companies already belong to the IOTA network, such as Bosch or Cisco. At the end of 2017, the course experienced a rapid increase as Microsoft announced its participation in the IOTA project. In addition, IOTA, founded by a Berlin start-up enterprise by the way, launched a first application: a data marketplace that provides information and makes it available to all participants.

From our point of view, IOTA has a significant unique selling point and will keep us busy in 2018. It is time for the forecast:

With the start of trading on 29th June 2017 you could buy one IOTA (actually 1 mega IOTA, so 1 million units) for about 0.35 USD, on 18th December 2017 the price was at about 3.38 USD. The course increased almost tenfold! Calculated for the whole year, also a twentyfold increase would have been possible, which we include in our assumption:

Transferred to the end of 2018, that means: 3,38 USD x 20 times = 67,60 USD!

But assuming (as calculated for Bitcoin) the price only rises one third of the rate in 2017:

For the end of 2018, that would mean at least 3.38 USD x 6.6 times = 22.53 USD!

Our evaluation:

IOTA is an important Altcoin for the Internet of Things and thanks to many strong partners in the background, who have agreed on the IOTA standard, IOTA certainly has a great future. We consider the coin to be highly recommendable. Currently it can only be purchased on Bitfinex*; how this is done step by step and how you can still save 10% fees, we'll tell you here .

Litecoin 2018

Unlike Ethereum and IOTA, Litecoin has a lot in common with Bitcoin. Before  Bitcoin was forked several times in 2017, Litecoin had always been considered the little brother of Bitcoin. ver and over again you can read that the Litecoin was kind of a safe harbor for Bitcoin investors to secure oneself against its strong fluctuations.

But that is not the only purpose of Litecoin!

Litecoin has several advantages compared to Bitcoin: the transactions are much faster and they cost next to nothing. Two major problems Bitcoin is struggling with (see above). This year, Litecoin also implemented the Lightning network. This step is still expected for Bitcoin and hopefully carried out in 2018.

At the same time there are four times as many Litecoin as Bitcoin. On average that would actually mean that the Litecoin is currently highly undervalued: Litecoin would actually amount to 25% of the Bitcoin value, i.e. currently about 4,000 USD. After significant gains in for the last weeks, the rate is about 284 USDapiece. The difference and thus the potential are still very substantial!

It is time for the forecast:

On 1st January 2017 one Litecoin was about 4.22 USD, on 18th December 2017 the price reached 274 USD. The rate has increased almost 65 times!

Projected to the end of 2018, this means: 274 USD x 64.9 times = 17,782 USD!

But assuming (as calculated for Bitcoin) the price only rises one third of the rate in 2017:

For the end of 2018, that would mean 274 USD x 21.6 times = 5,918 USD

Our evaluation:

We consider the Litecoin to be clearly undervalued and still recognize great potential, especially if the Bitcoin does not solve its problems in 2018 as described above. That might be the reason why little brother Litecoin has to help out again.

Therefore there is no harm in keeping Litecoin in the portfolio.

We recommend the purchase of Litecoin via Bitcoin.de* (our test ), LiteBit.eu* (our test ) or via Coinbase* (our test ).

Conclusion

After a strong crypto year in 2017, the prospects are definitely positive for 2018! Of course, there will still be technical hurdles and Bitcoin, Ethereum, IOTA and Litecoin are far from being fully developed.
However, this year we were able to see in an impressive - and so far sustainable - way, which potential lies in Bitcoin and many Altcoins for 2018 and beyond.
We are looking forward to 2018 and comparing the forecasts in this article with the real developments in a year.



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