The future of Bitcoin in 2018: Six experts’ predictions

In the financial market in 2018, Bitcoin has attracted widespread attention and discussion around the world. This emerging digital currency has not only changed people's traditional understanding of currency, but also triggered profound changes in many fields such as investment, technology, and law. As the price of Bitcoin fluctuates, many investors and ordinary people are full of doubts and expectations about its future development. In order to explore this topic in depth, we will analyze the prospects of Bitcoin in 2018 through the predictions of six experts.

Meanwhile, economist Mary Hartmann is more cautious about the future of Bitcoin. She has mentioned in many public speeches that although Bitcoin is technologically innovative, it does not have the stability and security of traditional currencies. Hartmann believes that Bitcoin may face more regulatory pressure in 2018, especially as governments around the world tighten their regulatory policies on cryptocurrencies. She specifically mentioned that regulators in the European Union and the United States may introduce stricter policies to protect investors and ensure the stability of financial markets.

In terms of blockchain technology, technical expert Emily Jones emphasized the potential for the future development of Bitcoin. She pointed out that blockchain, as the underlying technology of Bitcoin, has the characteristics of immutability and transparency, and can provide more efficient solutions for all walks of life. Jones believes that with the continuous development of blockchain technology, Bitcoin will not only be limited to a digital currency in 2018, but will gradually develop into an asset class. Her views are supported by a number of studies, showing the application potential of blockchain technology in many fields such as finance, logistics, and medical care.

On the other hand, psychologist David Brown analyzed the future of Bitcoin from the perspective of investor psychology. He pointed out that the surge in Bitcoin in 2017 triggered a strong psychological reaction among investors, and many people blindly followed the trend in the bull market, leading to the formation of a market bubble. Brown believes that the Bitcoin market will go through a psychological adjustment period in 2018, and investors will look at the value and risks of Bitcoin more rationally. He advises investors to keep a cool head when participating in Bitcoin investment and avoid making impulsive decisions due to market sentiment fluctuations.

Finally, market analyst Catherine Lee expressed optimism about the technological development of Bitcoin. She pointed out that 2018 will be an important year for Bitcoin technology upgrades. With the introduction of new technologies such as the Lightning Network, Bitcoin's transaction speed and efficiency will be significantly improved. Lee believes that this will help Bitcoin gain wider application in daily payments, thereby driving the growth of its value.

Through the predictions of the above six experts, we can see that the prospect of Bitcoin in 2018 is full of opportunities and challenges. Although there is still some uncertainty in the market, in the long run, Bitcoin and the blockchain technology behind it will play an increasingly important role in the future financial ecology. Bitcoin is not only a digital currency, but also an innovative force that subverts the traditional financial system.

In this context, we might as well think deeply about the value of Bitcoin. First, the decentralized nature of Bitcoin makes it an asset that is not controlled by governments and financial institutions. This means that in the event of global economic turmoil or regional conflicts, Bitcoin can be used as a relatively safe value storage tool. Second, as the global acceptance of digital currencies gradually increases, Bitcoin may become a new generation of payment methods in the future, changing people's consumption habits.

Of course, investing in Bitcoin is not without risk. Market volatility, regulatory uncertainty, and technical security issues may all have an impact on the future development of Bitcoin. Therefore, when investors participate in the Bitcoin market, they must fully understand the relevant knowledge and do a good job of risk control.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Tencent Securities News: According to the famous American financial information website TheStreet, 2017 was an incredible year for Bitcoin.
The price of this cryptocurrency has continued to rise from a low of $778 in January 2017, reaching an all-time high of more than $19,000 in December.
There are a lot of bitcoin-related developments to watch as 2018 approaches, and not all of them are solely about its price.
Perry Wooding, CEO of Node40, a New York-based blockchain management and cryptocurrency tax compliance firm, said:
Woodin believes that in 2018, the public will become generally aware of the existence of Bitcoin and other cryptocurrencies. "This will be the year that all your friends and relatives will want to know how much Bitcoin you have and how to buy it. The topic of Bitcoin will become the ultimate conversation around the water cooler," said Woodin.
Here are six predictions for Bitcoin in the year ahead from some of the industry’s top experts:
1. Taxation will become a big problem. 
It’s important to be aware of tax issues and know how to properly file your returns with the IRS. Over the next year, it will be interesting to see how Bitcoin millionaires (and even billionaires) file their taxes as the IRS puts pressure on them.
2. Cryptocurrency adoption will increase. 
There is no doubt that more people will use cryptocurrencies. Yonatan Serra, senior vice president of business development at PROPS by YouNow, a company that uses blockchain technology to build a media ecosystem, said:
Sela estimates that by the end of 2018, more than 50 million people worldwide will hold at least one cryptocurrency. "My hope is that Bitcoin will continue to hold value as a kind of 'digital gold' and that Dash's promise as a form of digital cash will be fulfilled," Wooding said.
3. Bitcoin will develop a payment network. 
Trevor Kovok, CEO of Polymath, a company specializing in cryptocurrency technology
Koverko believes that Bitcoin will become a complete payment network. "Currently, Bitcoin is used as a speculative asset and a means of storing value. However, with the advent of Lightning
With the emergence of solutions such as Bitcoin Network, the scope of Bitcoin use will rise significantly along with its price. The real question is whether Bitcoin's "main chain" will have the courage to adopt these upgrades in the future, or whether "Bitcoin Cash" (Bitcoin Cash) will be the first to adopt these upgrades.
Cash, etc?" Kovok said.
4. Investors will diversify their cryptocurrency assets. 
Most investors will be aware that there are other cryptocurrencies besides Bitcoin, such as Ethereum, Litecoin, Dash and IOTA.
Lurie said that for investors, they will diversify their cryptocurrency assets and manage their investments in cryptocurrency assets with the same attitude as traditional assets and investments.
5. Interest from institutional investors will grow. 
Mike Poutre, CEO of The Crypto Company, believes that institutional investors will enter the cryptocurrency market by mid-2018.
"The reduction in Bitcoin volatility will allow other cryptocurrencies to continue to expand. In addition, we will see the rise of security tokens in response to increased regulation. Conservatively, I think the total market value of the entire industry will reach $5 trillion by the end of 2018," said Porter.
He added: “There will be a lot more institutional capital going into the highest quality deals. This was also true for venture capital and growth equity rounds during the financial crisis. Most companies couldn’t raise any money, but the ones that could raised money got very high valuations. Even in the financial crisis, capital was fleeing to high quality assets.”
6. It is expected to be subject to more regulatory constraints. 
As Bitcoin prospers, regulators will first regulate initial coin offerings (ICOs) and then directly regulate cryptocurrencies. However, it is difficult to predict whether the increased regulation will have a positive or negative impact on the industry.
Dmitry, co-founder of INS Ecosystem
Zhulin said: "Bitcoin is expected to rise further, with its price reaching around $30,000 to $40,000 by mid-2018, due to its ease of use and further adoption as a means of payment and capital preservation. Although regulation in the cryptocurrency space will increase, I do not believe that blockchain technology will be hindered by heavy regulation."
All in all, 2018 looks like it will be another exciting year for Bitcoin and other cryptocurrencies. (Nebula)

First of all, it is worth noting that the price of Bitcoin reached a record high at the end of 2017, breaking the $20,000 mark. Since then, with the adjustment of the market, the price has begun to fluctuate violently. In this regard, financial analyst Joseph Alves said that the price of Bitcoin will experience a relatively stable adjustment period in 2018. He pointed out that although the price of Bitcoin may continue to decline in the short term, in the long run, with the popularization and application of blockchain technology, the value of Bitcoin will still rise steadily. Alves's view is based on the analysis of market demand. He believes that more and more companies and individuals are beginning to accept Bitcoin as a means of payment, which will provide support for its value.

Next, we see investment expert Charles Smith's views on Bitcoin. He believes that Bitcoin will usher in a new wave of investment in 2018. Smith pointed out that as more and more institutional investors begin to pay attention to Bitcoin, the structure of market participants will change. This change will not only bring greater capital inflows, but also promote the maturity of the Bitcoin market. He mentioned that many hedge funds and large investment institutions have begun to include Bitcoin in their investment portfolios, and this trend will become more obvious in 2018.