cryptocurrency – Rogue Valley IMC https://rogueimc.org Florida Independent News Tue, 28 Dec 2021 08:43:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.4 Ryan Hoggan On Why It’s Only The Beginning For NFTs https://rogueimc.org/ryan-hoggan-on-why-its-only-the-beginning-for-nfts/ Fri, 29 Oct 2021 02:53:02 +0000 https://rogueimc.org/?p=2880 Non-Fungible Tokens (NFTs) is the next generation of blockchain technology, NFTs are gradually changing the cryptocurrency space and several other spaces in today’s advanced world. And like any other development of its nature, several predictions have been said and even, taken on it too. Perhaps the most popular one is by a Cryptocurrency expert and experienced entrepreneur, Ryan Hoggan.

Unlike any other Cryptocurrency, the value of NFTs are mostly dictated by the willingness of people to pay a certain value for it. This means that people can produce whatever values they want for each NFT. And because it is easier to buy NFTs, more people have decided to purchase it, check out the stz crypto today if you’re interested.

However, Ryan Hoggan has categorically stated that NFTs are not just in fashion now, but they are here to stay and are most likely going to be more valuable in the future. According to him, NFTs being of considerable value now, is just the beginning, and here are the reasons why he has maintained such position:

Limited number of NFTs: many NFT collections are created a very limited numbers. Most artists, videographers and musicians create NFT collections with only a few number of NFTs. To a large extent, this scarcity keeps increasing the value of NFTs.

The scarcity of these NFTs, especially the ones made by excellent artists, can make them more valuable as well as very unique. And despite this relative scarcity, there is still a desire for some people to acquire these NFTs.

Rise in investment in Cryptocurrency: Although crypto is highly volatile and unpredictable, more people are keying into cryptocurrencies as an alternate for investment. The global pandemic no doubt, contributed to this factor.

This is because people were forced to do all their business and fun online, and in the course of doing that, the opportunities online were discovered. Since these people are more likely to look around at things online, they might be more likely to discover NFTs.

The increasing pool of potential NFT investors is something worth watching, especially as the market continues to grow in prominence.

Ease of Trading NFTs: substantially, it is easier for people to buy NFTs. You can find various marketplaces for NFTs in the Zed Run or Bored Apes collections, among many others you will find on the market.

The only thing you need to do to get NFTs is to go online to find a place where you can buy NFTs for sale. And as much as NFTs are accessible, as their demand increases, their values will continue to rise.

Unpredictability of the Value: Ryan Hoggan also predicted that the current value of NFTs is only the beginning, because so many people are willing to pay as much as they can to get NFTs. So, the value of NFTs is hardly determined by market forces or certain signals.

Conclusively, the best way to spot an incredible NFT is to look at its application. If the application is unique and very relevant, it could be an amazing investment opportunity worth exploring. And from the look of things, Ryan Hoggan is definitely not wrong on how much the values of NFTs will skyrocket soon.

READ NEXT: WHY EXECUTIVE & ENTREPRENEUR RYAN HOGGAN IS TURNING HIS SIGHTS ON REAL ESTATE

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Nimrod Santo Weighs In With Cryptocurrency Predictions For 2021 https://rogueimc.org/nimrod-santo-weighs-in-with-cryptocurrency-predictions-for-2021/ Tue, 08 Jun 2021 06:46:23 +0000 https://rogueimc.org/?p=1805 For some years now, the future of money has changed from minting to digital currency. Today, so many people hold their assets in cryptocurrency and even effect purchases with cryptocurrency as a means of exchange, to do this process effectively, many require online financial coaching which is nowadays an easy thing to get.

Though more volatile than the traditional paper note, cryptocurrency has found its way into the hearts of many people. This is why there is so much talk about what the future holds for digital currency. To learn the best possible pricing of some digital currencies, click fx trade for great help.

In this light, Nimrod Santo weighs in on what the future holds for cryptocurrency, especially in 2021. Nimrod Santo is a business developer, direct-response marketer and online entrepreneur.

He’s passionate about sharing his extensive marketing experiences to provide tips and insights to people. In this post, he weighs in with cryptocurrency predictions for 2021. Crypto lending similar to crypto loan Business & Finance is also increasing rapidly in which investors lend their digital assets in return of an interest.

Bitcoin would Close Above $30 000 For 2021

Nimrod predicts that bitcoin can close 2021 with more than $30,000. Compared with the runup of 2020, this prediction might be conservative.

Nimrod, however, believes that prices aren’t supposed to be up forever. And, given the recent price trends and expansion of the local ethereum marketplace, this prediction seems to be having some support.

Tax Enforcement for cryptocurrency would tighten

In the previous years, there have been numerous moves by the tax authorities. Though the goal has not been achieved, 2021 opens with a new chapter on how to tighten their efforts.

What makes this prediction more solid is that cryptocurrency had a runup in prices just last year. Due to this, it is believed that there’s revenue in it, and it is not expected that the tax authorities will slack. To learn how this can affect your business, consider getting help from Andy Defrancesco.

Expansion of blockchain beyond financial services

Blockchain is expected to shoot beyond its current financial service availability. Blockchain will move into mainstream sectors like healthcare, transportation and be a common thing.

Though this might not happen all in 2021, considerable changes will, however, be made. So, in 2021, it is expected that not only financial services will enjoy the availability of blockchain. Because of this, it is highly advised for blockchain developers to get substrate as early as possible to benefit from these changes.

Central bank digital currencies (CBDCs) would launch

There has been so much talk about a central bank for digital currencies, and 2021 seems to provide the opportunity for its launch. What seems to be left is when exactly this would be and what country would launch it first.

Asides from all these, there have been efforts globally for a coordinated and central bank. So, its launch is being awaited.

Stable coin would bolster

Talk about cryptocurrency, and it won’t be complete without bitcoin. But then, there is the fast rise of the stable coin, and it’s fast becoming an entry point for enlarged adoption.

Also, considering different market trends, stable coin will bolster in 2021. This would be possible given its market capitalization and how it has been serving as a bridge for incumbent payment processors.

Its wider utilization also seems to be a plus towards the realization of these predictions. 

In all, cryptocurrencies are volatile currencies, and there are many things to consider before making a prediction. Nevertheless, based on the available evidence and market trends, the above predictions have been rightly made.

This, however, does not suggest total reliance on them, as it is often impossible to say what’s around the corner.

Read Next: Online Entrepreneur Nimrod Santo on Which Trends He’s Watching in 2021

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