Predicting is a big part in cryptocurrencies, especially when it comes to prices, but in this volatile market it is not only the price that can see-saw, all kinds of occurrences are affecting this burgeoning market.
This has led to people to speculate already what 2018 will hold for the cryptocurrency world. 2017 was definitely a massive platform on which a sturdy foundation was built for this market, but what does 2018 hold?
1. Bitcoin will still be king
As Bitcoin peaked to $20,000 just before Christmas last year, it was unstoppable in both its growth and dominance, but since then it has dropped away in both respects as altcoin seasoned opened up the new year.
The original cryptocurrency saw its dominance fall to below 33 percent as others such as Ripple, Stellar and Tron have snatched some of the overall market cap.
However, already on the comeback trail, the belief is that Bitcoin will still be the market leader through 2018.
Erik Voorhees, CEO of digital asset exchange ShapeShift,…