IMO as an expert

Bitcoin (BTC) prices and trading volume might continue diving, and the latest bear market could continue for more than a year and a half. That's a realistic assessment from Arthur Hayes, CEO of BitMEX, the globe's biggest BTC trading platform.

Since the creation of the first crypto coin, the digital currency market has changed drastically. Some virtual coins have disappeared, while others have evolved with amazing rapidity. For example, Bitcoin dominance is nearly 53% now, with over $112 million market cap.

The futures markets are in full swing and price action on the Bitcoin trade has garnered a tremendous amount of activity over the past few weeks. The transaction memory pool has become filled with outstanding transactions to confirm. The average amount of transactions per block is close to an all time high. Bitcoins market dominance has dropped from a recent high on December 7th of 64% to now treading above 50% as the altcoin market has exploded this past week.

The idea of crowdfunding isn’t a new one. Back in the 18th and 19th centuries, writers and philosophers would frequently secure investment, or the pledge of investment, for their next work.

After nearly 10 years of exploration of blockchain technology, we are at the pinnacle of innovation, with a range of major corporations to small businesses exploring blockchain opportunities and use-cases to cut costs and add value throughout the business process. However, these recent developments have equally attracted interest from regulators across continents; prominent amongst them being Europe.

The WannaCry malware, that attacked 200,000 victims in at least 150 countries, exploiting a vulnerability of the Windows operating system, was developed to promote Bitcoin.