Crypto: How does 2019 Look Like?

Blockchain | Crypto News | Reviews

Happy New Year, glad to see you are still here!

On 20th December 2018 CryptoCoinJunky.com posted an article stating that the value of the cryptomarket increased by $29 Billion. 2018 started on an upbeat tone following the high turns of Bitcoin price at the close of 2017. Keep in mind that a week prior, the market had lost value from $800 billion to $600 billion.  However, the tide ran out pretty quickly and made crypto investors go through a year full of uncertainty and gruelling bear season for most of the year. 

So how is it possible for cryptocurrency market cap to increase? Here are a few reasons I have put together and a look into market predictions for the New Year.

FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more.

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  • Cryptocurrencies are no longer a mystery to people. Many are now in the know-how and that is a good thing.
  • A lot of businesses are slowly adapting to virtual assets. And a bunch of them in crypto regulated countries almost entirely depend on cryptocurrencies to conduct business.
  • Institutional investors are warming up to the idea of investing in cryptocurrencies. This is solely based on the fact that crypto regulation is evolving and offers a solid safe haven for the diverse market.
  • Regulation of ICOs not only makes them more transparent but give them value if they satisfy all the regulatory requirements
  • There is also the question of taxation of cryptocurrencies. The G20 summit held at the end of November is committed to having the taxation implemented, citing that global taxation would give the crypto industry more influence.

How does 2019 look?

The cryptocurrency market lost over 80% of its value in 2018 and this drastic drop was fueled by speculation, security breaches and hacks, and spiking fees. Well, Bitcoin is showing steady improvement in the last few weeks and in my opinion, it will lead the digital currency market stabilization in the second decade since its inception. The main reason for this opinion is that Bitcoin is among some of other few coins that survived brutal 2018 bear conditions, which served to cleanse the digital asset sector of weak and unreliable altcoins. So it is safe to say that those that are still surviving are here to stay.

The crypto sector is still evolving and will take time to stabilize but all indicators point towards worldwide adoption. And the market capital value keeps increasing which means the future of crypto is guaranteed to provoke a lot of interest among investors and regulatory bodies as well as digital assets are packaged to the masses.  

Price Water-House Coopers (PWC) which has a client base that includes and is dominated by some of the largest businesses in the world recently reported that a lot of its customers are spending a lot of money investing in blockchain and clocked a value of $1.7 billion in 2018 alone. Either way cheers to a positive new crypto year!

 

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Crypto: How does 2019 Look Like?

Blockchain | Crypto News | Reviews

Happy New Year, glad to see you are still here!

On 20th December 2018 CryptoCoinJunky.com posted an article stating that the value of the cryptomarket increased by $29 Billion. 2018 started on an upbeat tone following the high turns of Bitcoin price at the close of 2017. Keep in mind that a week prior, the market had lost value from $800 billion to $600 billion.  However, the tide ran out pretty quickly and made crypto investors go through a year full of uncertainty and gruelling bear season for most of the year. 

So how is it possible for cryptocurrency market cap to increase? Here are a few reasons I have put together and a look into market predictions for the New Year.

FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more.

CRYPTO TRADING STRATEGY GUIDES - Whether You're Day Trading, Swing Trading, Or Just Investing...Our Extensive Guides Will Get You To Where You Want To Be.

  • Cryptocurrencies are no longer a mystery to people. Many are now in the know-how and that is a good thing.
  • A lot of businesses are slowly adapting to virtual assets. And a bunch of them in crypto regulated countries almost entirely depend on cryptocurrencies to conduct business.
  • Institutional investors are warming up to the idea of investing in cryptocurrencies. This is solely based on the fact that crypto regulation is evolving and offers a solid safe haven for the diverse market.
  • Regulation of ICOs not only makes them more transparent but give them value if they satisfy all the regulatory requirements
  • There is also the question of taxation of cryptocurrencies. The G20 summit held at the end of November is committed to having the taxation implemented, citing that global taxation would give the crypto industry more influence.

How does 2019 look?

The cryptocurrency market lost over 80% of its value in 2018 and this drastic drop was fueled by speculation, security breaches and hacks, and spiking fees. Well, Bitcoin is showing steady improvement in the last few weeks and in my opinion, it will lead the digital currency market stabilization in the second decade since its inception. The main reason for this opinion is that Bitcoin is among some of other few coins that survived brutal 2018 bear conditions, which served to cleanse the digital asset sector of weak and unreliable altcoins. So it is safe to say that those that are still surviving are here to stay.

The crypto sector is still evolving and will take time to stabilize but all indicators point towards worldwide adoption. And the market capital value keeps increasing which means the future of crypto is guaranteed to provoke a lot of interest among investors and regulatory bodies as well as digital assets are packaged to the masses.  

Price Water-House Coopers (PWC) which has a client base that includes and is dominated by some of the largest businesses in the world recently reported that a lot of its customers are spending a lot of money investing in blockchain and clocked a value of $1.7 billion in 2018 alone. Either way cheers to a positive new crypto year!

 

Author:

Leave a Comment

[js-disqus]

Latest Crypto News

Goals set by Justin Sun for Tron(trx)in 2019

On the 31st Of May 2018, Tron achieved independence from Ethereum and Launched its own Mainnet with the Intention of being a fully functional Public Blockchain that supports Creation and development of decentralized Apps (dApps)

Read More »

Crypto Regulation Commences in South Africa

The South African government today issued a statement regarding the steps it is taking on cryptocurrency trading by setting up a working group dedicated to regulating blockchain and crypto. Background Before we get into that,

Read More »

Facebook Hiring: 5 Cryptocurrency Positions Open

Something is definitely brewing in Facebook’s newly formed department. Early in May, there was a rumor that Facebook was interested in opening a cryptocurrency department within its headquarters. The advertised positions are: Two Software Engineers

Read More »

Crypto StartUps are Failing

Cryptocurrency start-ups have had a rough year with a huge section of them laying off loads of their workers with the  Bitcoin price crash. Bitcoin has lost around $280 billion of its value this year

Read More »

CNBC Reporting the surge of bitcoin to $100 back in 2013!!

https://www.youtube.com/watch?v=O3XvCbh8pQU reddit Buffer Facebook Twitter FREE CRYPTO COIN JUNKY HANDBOOK – 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more. CRYPTO TRADING STRATEGY GUIDES

Read More »

Sign Up Below!
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