Wednesday 2 December 2015

TOP 10 PREDICTIONS FOR 2016


Barry Silbert, the head of Digital Currency Group, gave a presentation where he laid out his predictions for bitcoin in 2016, what do you think about them? -Bitcoin as a currency/store of value re-emerges as theme -When price starts to increase, flywheel effect begins... -Wall Street begins to trade bitcoin -Cross border payments/remittance using bitcoin becomes competitive -Growth in Brazil, China & Middle East -Slow progress around private blockchains for financial markets -Industry consolidation and shake out continues -Non-financial use cases of blockchain ledger explode -Banks begin to service digital currency companies -Bitcoin price on 12/31/16 = higher via /r/Bitcoin http://bit.ly/1RlGedG

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