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If you missed huge profits with any of the top 50 coins then you wont want to miss this. Are you constantly searching trying to find that coin that is going to explode? Are you constantly jumping from coin to coin and losing money while it seems like everyone else in this space is becoming a millionaire. If you feel like your standing on the sidelines then stick with me, Ill show you coins and tokens that will generate profit beyond your wildest dreams. I base my analysis on many different factors and I do everything manually. No alert systems or copying others predictions, my predictions and analysis are all mine, and require hours and hours of work daily. I wont give you my secrets on what methods I use to analyse these coins cause then you wouldn't have to follow me :) but I will do all the work for you. I am offering this service to anyone who would like to listen free of charge, all I ask is if you enjoyed the reading and if you made money from my calls to please FOLLOW, UPVOTE, and RESTEEM. I have been extremely successful with my techniques and strategies and I want you all to be successful with me so please join me and I promise you will not be disappointed.
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In a report published on January 3, 2018, Royal Bank of Canada (RBC) Capital Markets analyst Mitch Steves confidently stated that the cryptocurrencies and blockchain technology applications market could increase thirteenfold in 15 years, reaching $10 trillion.
Steves’ report, titled “Crypto Currency & Blockchain Technology: A Decentralized Future — A Potential Multi-Trillion Dollar Opportunity,” has been sent to RBC’s clients. A short summary has been shared on Twitter.
In a video published by CNBC, Steves, who often covers high technology stocks including Nvidia, whose value has been boosted by cryptocurrency mining, defends his bullish expectations on blockchain technology and its applications. According to Steves, cryptocurrencies represent only a part of the $10 trillion pie, the bulk of which is in the rest of the ecosystem existing around blockchain technology and cryptocurrencies.
“I think what people misunderstand about the cryptocurrency space is that it’s not only a store of value, but it also allows you to secure the internet,” says Steves. Blockchain-based cryptocurrencies will permit creating decentralized versions of value storage services like Dropbox or iCloud. The $10 trillion figure represents one third of the current size of the market for value storage.
Steves argues that blockchain technology will permit creating a “Secure World Computer,” a decentralized world computer without a third-party intermediary, intrinsically more secure because there won’t be centralized servers that can be hacked, and suggests that next-generation killer apps will be built on top of this secure layer.
The smart move for investors, according to Steves, is to get involved with cryptocurrencies directly. As far as traditional stocks are concerned, Steves mentions public companies like AMS and Nvidia, whose chips power cryptocurrency mining hardware, and the private companies that make ASIC chips for bitcoin mining. At the same time, Steves warns that cloud service providers are likely to be the most impacted from blockchain technology, with negative results if they don’t manage to adapt.
According to Steves, the value of the blockchain technology market is also growing due to international remittances — the sending of payments overseas is currently estimated at half a trillion dollars per year — “fat protocol” layers that increase in value as the applications grow, and throughput scaling efforts, such as the Lightning Network, which “appear on track to deliver scaling that accommodates higher transactions/second, ultimately driving higher utility and network value.”
While warning that the cryptocurrency space has many risks, Steves argues that the opportunity appears vast, with constant technology updates, and a multi-trillion dollar market will likely emerge.
In a recent, related article published by the RBC, Frédérique Carrier, managing director and head of investment strategy for RBC Wealth Management in the British Isles, argued that, while cryptocurrencies are unlikely to replace traditional money, blockchain technology could have wide-ranging implications in many industries and for investors in the medium-to-long term.
The potential of blockchain technology “makes it a technology well worth watching closely, which we intend to do,” notes Carrier, adding that RBC is experimenting with blockchain technology in its personal, commercial and capital markets businesses. RBC recently announced the implementation of a blockchain-based shadow ledger for cross-border payments between the U.S. and Canada.
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