Cryptocurrencies, more people know well when mention bitcoin, the virtual money, or digital money, a new trend of technologies cum investment.
back to many years ago, when first time heard about bitcoin, felt so interesting about the idea of replacing the paper money with virtual money, and more, the money is produced by mining thru computer.
back then, did try to do the mining process, but because of the computer limitation, and also didn't pay much attention to bitcoin, stopped after a while.
then now, after years, it becomes hot, from few dollar now up to 20kusd per unit. people are crazy on it because of increment of its value within short time.
it caught my attention when its value was around 200usd. thought it was crazy. but then when its value flied to 700usd, thought this should be the limit already, and then rocket shot to 20kusd within year! craziest thing!
the actual interesting part is its technology, the blockchain, revolutionise the world in many ways, FinTech will be one of those. blockchain is not something invented along bitcoin, it's already there way before it, but the bitcoin bring its usage to another level.
have some fraction of bitcoin in hand, i did make some pocket money out of it. It is high risk, extremely high risk, it could be bubble and value drop extremely to very low at any time.
bitcoin, now, it is testing the durability of the technologies, the idea, also the acceptance of the market to it. yet most people come in because to take the craziness opportunity to earn money, but i more concern how far this technology can go, because it is not just about bitcoin, but ethereum, ripple and iota, are few with their own unique blockchain platforms, which they have chance learning from the bitcoin.
what i see, its value will hit 20kusd by end of 2017, 50kusd by end of 2018, and 100kusd, 5 years from now. eventually, its value will be floating around 100kusd, max cap.