There are various reasons why cryptocurrencies are so incredibly popular. The best you can say about them is that they are safe, decentralized and anonymous. They are not regulated by a single government authority and their ups and downs are entirely determined by market demand. They have a very paranoid code system that encrypts every transfer, ensuring utter safety to every user.Cryptocurrencies are based on so called Blockchain and are already being used in some countries throughout Europe.
But will cryptocurrencies be the new best thing in 2018? Maybe it is a little too soon to tell. One thing for sure is that cryptocurrencies seem to have a strong relationship with savvy individuals addicted to technology, which may entirely work in its favor.
Due to the recent events this year, we can see that there is a high chance of cryptocurrency dominating the money supply.
Of course, as I already said, we can only speculate and predict as we really do not know what is going to happen next, but in my humble opinion, blockchains and cryptocurrencies are improving and are just at their very beginning.