I write for the finance and investment website ValueWalk. My post entitled A Bitcoin And Ethereum Price Surge: Reality Is On Its Way is now online. Here is an excerpt:
Predicting the movements of markets and the valuations of any stock or currency has always been a hazardous pursuit, however in addition to the confidence expressed by Mr. Moas towards the progress of these individual currencies, two other significant facts emerge from his statements.
The first is that cryptocurrencies have moved to the point of no return, “the genie is out of the bottle,’ as he puts it. This represents a significant leap in credibility for cryptocurrencies in general, given that they have been observed as curiosities and side issues by the mainstream media to date. By moving into territory held by traditional precious metals and stocks, cryptocurrencies build a credibility that is instrumental in finally establishing consistent stability.