Not really, it will definitely affect its value for sure but it will not be the end of it. In fact, USA doesn't even have that high number of crypto users compared to the rest of the world.So far as bans are concerned, only ban that matters is USA. If USA decides to ban crypto, it will be the end of it.
Number is users does not matter. What matters is total volume per country. Like in developing countries like India, there will be larger number of investors but they invest small amount as compared to USA.Not really, it will definitely affect its value for sure but it will not be the end of it. In fact, USA doesn't even have that high number of crypto users compared to the rest of the world.
Not to mention that people will still use it since it's a fully anonymous thing & most crypto exchanges are hosted in crypto heavens such as Switzerland.
As for my prediction I would say BTC 80K & ETH 6K
How far you think it can go ? What if ETH 2.0 gets postponed ?ETH with 2.0 in store. ETH will explode is what I think.
Right now a lot of projects are launched on ethereum. You can't forget that there are better project than ethereum, like Cardano that is a better project.How far you think it can go ? What if ETH 2.0 gets postponed ?
Nft is useless, do not invest a lot on nft projects. If you want decent return for your money in long term, only choose options like bitcoin and ethereum.
You have a good and a right vision about cryptos. I not see mentions of project like thorchain, and i think this could be the future. I bought Rune some months ago (DYOR).The future has a high probability of being multi-chain, like the internet. There is no 1 internet, the internet is comprised of interconnected networks. That's what is happening with crypto.
Binance Smart Chain was doing more transaction volume than ETH for a period of 2020. Terra now has a higher TVL (total value locked) than Binance Smart Chain. Bridges between chains are popping up all the time. Thorchain is creating a cross-chain DEX. We are still in the early stages, but I believe anyone who has used a bridge knows we are in the early stages of a multi-chain future.
1 blockchain (even ETH 2.0) will not be able to handle if the same amount of people using the internet use blockchains. There is a finite limit to blocksize, which is why it's inevitable that users will be spread out across multiple blockchains, and there will be bridges between them all. Even Polygon and BSC get congested at times, and transactions get delayed, because no matter what people do there is always a limit to blocksize.
(Only BSV has unlimited blocksizes, but IMO that project is a trainwreck. I also found it surprisingly slow to use a DAPP on the chain - a transaction literally took hours, so that also shows that an unlimited blocksize =/= fast transactions.)
Also NFTs are non fungible tokens, where any file can be attached... JPG, MP3, Licence, Contract, etc. It's the future of gaming, real estate, fashion, etc. Alot of people think NFTs are just pictures or GIFs, when they can be used for far more.
Zk rollups will be the answer, and one of the main themes of the next year.The future has a high probability of being multi-chain, like the internet. There is no 1 internet, the internet is comprised of interconnected networks. That's what is happening with crypto.
Binance Smart Chain was doing more transaction volume than ETH for a period of 2020. Terra now has a higher TVL (total value locked) than Binance Smart Chain. Bridges between chains are popping up all the time. Thorchain is creating a cross-chain DEX. We are still in the early stages, but I believe anyone who has used a bridge knows we are in the early stages of a multi-chain future.
1 blockchain (even ETH 2.0) will not be able to handle if the same amount of people using the internet use blockchains. There is a finite limit to blocksize, which is why it's inevitable that users will be spread out across multiple blockchains, and there will be bridges between them all. Even Polygon and BSC get congested at times, and transactions get delayed, because no matter what people do there is always a limit to blocksize.
(Only BSV has unlimited blocksizes, but IMO that project is a trainwreck. I also found it surprisingly slow to use a DAPP on the chain - a transaction literally took hours, so that also shows that an unlimited blocksize =/= fast transactions.)
Also NFTs are non fungible tokens, where any file can be attached... JPG, MP3, Licence, Contract, etc. It's the future of gaming, real estate, fashion, etc. Alot of people think NFTs are just pictures or GIFs, when they can be used for far more.