After a historic 2017, the cryptocurrency markets took a decided downturn in Q1. Bitcoin, ethereum, litecoin - and most major cryptocurrencies - saw declines in a variety of metrics: exchange volumes, transaction counts, and, of course, price.
Saw the decline as confirmation that 2017 was a mirage and that bitcoin "Ought to be outlawed," while Warren Buffett.
Ignored lowered prices to suggest "The world ultimately will have a single currency...[and] that it will be bitcoin." Peter Thiel.
Issued a report that stressed bitcoin's usefulness as a crisis currency.
There was more bad news: Coincheck experienced a huge hack.
Several banks even went so far as to ban crypto purchases with credit cards, and the most heavily trafficked websites in the world all banned crypto-related ads.
Announcing plans to migrate its entire $9 billion loyalty program over to a cryptocurrency.
As an alternative to the embedded survey, just click the link below:TELL US HOW YOU FEEL ABOUT THE STATE OF BLOCKCHAIN - WE NEED YOUR FEEDBACK. The results of the survey will be analyzed and published in CoinDesk Research's forthcoming State of Blockchain Q1 2018 report.
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Crypto Winter or Spring Revival? Take CoinDesk's State of Blockchain Survey
Published on Apr 24, 2018
by Coindesk | Published on Coinage
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