Over the next few weeks many confrences based around cryptocurrency will be taking place. One of those being Coindesks 3 day conference in New York city where a ticket costs $2,000 a pop! A pretty high number and one people are a bit worried about as the price continues to climb for these tickets.
Expected turn out is 4,000 up from 2,7000 last year which would net the conference 8 million dollars just from ticket sales alone. But if you know conferences like I do most of the money is made from sales etc during the event!
This increase in both price and attendees clearly shows the popularity of cryptocurrency is continuing to rise and spread. As these conferences take place like they did last year the price of cryptocurrency skyrocketed.
Will we see a repeat of this?
Most people including myself think yes including myself. These events just spark further interest and frenzy to not miss out and buy up more!
Other events include...
Etheral summit Just tooke place 11-12
TokenSummit - May 17th
Women on the block - Today (mothers day) Happy mothers day mom!
NYC Blockchain tech & Invest May 18th
ADI Cryptocurrency Mining summit May 18th
However some are fighting back these confrences for shady tactics and I can agree with them.
Not only is coindesks event extremely over priced (but I can't blame them if demand is there and selling then why not)
But coindesk has time and time again referenced scams and pushed information to people in hopes to make some profits themselves in their postings. There is a fine line between getting information out there and then getting information out there that profits for you and your company only.
With that being said this line up looks awesome this year and I can't wait to get the low down on all the details from them in the coming weeks.
I can't also wait too
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Thanks for sharing. I've smashed the upvote button for you! Currently it looks like it is the complete opposite sadly.
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excellent post ..loving to your blog.thanks for sharing..
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Good news, despite the risks of cryptos, they are still attractive to many people and governments around the world. I think it's the technology of the future.
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This is a good news! This could lift the price up I guess as people would trust more crypto if the people behind popular exchanges show their faces and tell the world how confident they are in crypto and blockchain.
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Its looks like improvement are going to done in future because now a days its really bad for everyone God bless us all
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this is goodnews my friend, let us hope for the best
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@bitcoiflood resteemed this post. nice post.
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I wonder what kind of magic is told at such conferences for the sky high price. I doubt it is worth visiting it. I am also interested in the percentage of visitors that did pay such a sky high price and really had benefit of it and became a multi millionair thanks to it.
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Good news
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We are at the bottom of the handle on a Cup and Handle TA pattern started 3/11. This is a pretty sure sign of an impending bull run in a lot of cases. In this case, it looks like the breakout is poised for this evening or tomorrow.
Info on the Cup and Handle pattern here for the curious or skeptical:https://www.investopedia.com/terms/c/cupandhandle.asp
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these stock charts mean nothing to the crypto world
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Consensus 2018 might be overpriced a bit but but as you've said it's because of demand.Im excited about upcoming weeks and the results of all of those events.
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The price point of Steem should bring more volume than the average crypto currency.We will see who is willing to stay for the full course meal?
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