Cryptocurrency Market's 2018 Was A Gut Check As 2019 Looks To Create A True Comeback Story

    2019 Is The Year Crypto Makes A Comeback: Here’s Why

    While 2016-17 saw the meteoric rise of the crypto market as a whole, 2018 saw the entire sector fall to its knees.

    However, looking ahead, latest market indicators now seem to suggest that the coming year could usher in a new era of prosperity for this burgeoning domain. Not only does 2019 appear to be the year when Bitcoin rallies hard (once again) but it also appears as though economists all over the globe are finally beginning to give crypto technology its due.

    So without any further ado, let's have a quick look at some of the key market drivers that promise to revive the crypto space in 2019:

    ICOs Will Shine Again: All through 2017 ICOs started to garner a bad reputation since a whole host of these money raising schemes were either scams or just some ponzi-related marketing ploys. However, when used properly, ICOs are one of the most unique and efficient ways of raising money for promising crypto projects. This is because ICOs make investors feel like they are really part of something big— especially since most altcoin ventures have huge dev teams and online communities to back them up.

    2019 Will be the Year of dApps: Even though a lot of blockchain oriented research has happened over the course of the past 12-18 months, it finally appears as though 2019 will be the year when the crypto industry finally transitions from a speculative space to a more use-case driven sector.

    To be even more specific, more and more experts now believe that the coming few months will see the launch of breakout killer apps that will help align the digital asset industry with the global token economy. Not only that, many crypto enthusiasts also expect the crypto gaming market to take off in a big way in the coming 4-8 months (wink wink, were looking at you Tamagotchi).

    Stablecoins Will Enter the Mainstream: 2019 also promises to be the year when we finally start to see the emergence of stablecoins. This is because the value of these aforementioned financial offerings are pegged to fiat assets (and thus they are not prone to the everyday market fluctuations that are commonly seen with most other big name altcoins such as BTC, ETH, XRP).

    More Education Will Help People Realize the True Potential of Crypto: As we usher in the new year, we can see that the crypto industry has now reached a point where we are seeing the emergence of a ‘hybrid ecosystem’ ( where people are not only aware of what many technical terms mean, but even the investor community is slowly becoming more and more mature with each passing day).

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Shiraz J
    Shiraz is a multi-year cryptocurrency analyst and blockchain journalist residing in Melbourne, Australia. When he is not writing about the bitcoin ecosystem, he enjoys the art of meditation, playing the blues and traveling the world.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Binance CEO: Once QE Money Starts Flowing, BTC's Price Will Go Up ‘Very Dramatically'

    “Since coronavirus took over, business-wise the platform is doing really well” - CZ COVID-19, QEg, depression, and countries printing a lot of money...

    South Korean Central Bank to Roll Out Pilot Program to Test CBDC Through Dec 2021

    On April 6, South Korea’s central bank has made the announcement that it started a pilot program for assessing the logistics of a central...

    Former Goldman Sachs Fund Manager Suggests Allocating 25% in Bitcoin

    When Raoul Pal, the former hedge-fund manager who founded Real Vision first learned the coronavirus was spreading rapidly, he thought, “The whole world's f---ed,”. "I...

    PwC Report Reveals 2019's Crypto M&A's Dropped Sharply; Total Value Decreased By 76%

    The 2017 market boom led to the new era of funding in the decentralized space called ICO, however as we entered the bear market...

    How Much New Inflow Bitcoin Needs to Stay at this Price Level?

    For the last 2.5 years, $400 million of new investment each month kept BTC price at $7,000, after halving it would require just...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.