Infographic: 33 Cryptocurrencies Described in Just a Few Words

The cryptocurrency market is extremely volatile. After reaching peaks at the end of 2017, most of these currencies had a complicated year in 2018... even very complicated. But if this surge was probably the prerogative of a fad, cryptocurrencies are not dead, here is what some experts, addicted to these new types of currencies, have to say about it.

John McAfee, founder of the software company of the same name, is a Bitcoin enthusiast. While he predicted the cryptocurrency's price to exceed $7 over the past year, he now predicts that its price will reach $000 million by 1.

Sonny Singh, chief commercial officer of payment service provider Bitpay, is not worried about the current Bitcoin market conditions. Singh is an optimist on the cryptocurrency and sees it as a behemoth whose strength is measured by the decentralization of its network. According to him, Bitcoin could reach between $15 and $000 by Thanksgiving 20 (end of November).

Tom Lee, former chief strategist at JP Morgan and head of Fundstrat, believes that the breakeven point of a bitcoin is directly correlated with the price of the cryptocurrency. He believes that bitcoin will continue to grow, as it relies on many institutional investors taking control of bitcoin and on a steady increase in the number of bitcoin users. He also believes that the fair value of bitcoin is much higher than its current price.

Ronnie Maos, a cryptocurrency analyst, predicts that Bitcoin could reach $28 in 000. He believes that demand for Bitcoin will increase as the supply decreases. He also believes that by the end of 2019, the adoption rate of the currency could increase and therefore people could demand more of it.

For my part, I am much less optimistic than all these specialists. I believe that the peaks that these currencies have experienced have mainly been caused by fashion and/or speculation, but that these currencies that are not based on anything have no future as such… on the other hand, the Blockchain technology that is hidden behind them should have a much brighter future!

However, Bitcoin and other cryptocurrencies are increasingly accepted in many areas... Whether it is a passing phenomenon or just a name, it remains a large-scale phenomenon and cannot be ignored.

This is why the infographic below seemed particularly interesting to me since it attempts in a few words (4 or less) to caricature 33 cryptocurrencies.

Since the infographic is in English, here is what it could look like in French (sometimes with more than 4 words):