The Financial market globally barely leaves a chance to make money. Right now cryptocurrency is the opportunity just like frying fish. Trading in Bitcoin has recently exploded the market cap of all the cryptocurrencies, exceeding more than $600 billion. This lead to deficit in the supply of currencies and is hardly coping up with the rising demand in the market.
The rise in demand brings in new opportunity to create a speculative market as the growth is unlikely to continue at its current pace. Presently, cryptocurrencies have been using existing technologies, but it has an incremental value in the creation of this new revolutionary payment method. However, the cryptocurrencies are allowed a chance as it is adding value in terms of solving real-world problems with the help of its revolutionary invention of the Blockchain Technology.
The toxic concept of the investors is over shadowing the ‘speculative bubble’ which is beyond imagination. The reason why government are insisting to impose regulations on the trading of cryptocurrencies and other related by-products such as ICOs.
It is necessary to understand the technicalities of the blockchain technologies. People invest in a currency expecting to grow, the speculation keeps increasing and one day it burst.