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In 2017 the crypto-industry did nothing but wonder, but in 2018 it proved to be problematic for the cryptocurrency industry. Its market suffered a severe decline over the course of the year. Many of the cryptocurrencies have lost around 75%! Several points could be blamed for these conditions such as changes in regulations, short-sighted views on cryptocurrencies, etc. Undoubtedly it would soon be to end the end of the crypto market after only one year of losses.
Expectations in 2019:
Although the presence of all the losses in this sector has led few to doubt the future promises of cryptocurrencies, the next year will surely be one of the up and coming trends for the blockchain industry. Various factors are changing and these factors are promising a positive impact on the market in the next year. Let's take a look at future cryptocurrency predictions that will have a positive impact in 2019:
The accelerated tendency of Blockchain:
The blockchain actions did not seem to go well last year, the reason was the low interest of the companies towards it. But by the end of the year, the situation has changed dramatically. Nowadays, most companies are spending a great deal of money on blockchain initiatives, moreover, the quantity and the trend are constantly increasing. According to a survey conducted by PwC, only in 2019, the demand for blockchain services should be around $ 1.7 billion and in 2022 it could reach about $ 12 billion! These surveys clearly show the rate at which the Blockchain is about to accelerate in the next year.
The rise of Ripple as a new confidence cryptocurrency:
Ripple and its XRP token are emerging as the most reliable cryptocurrency at a very fast rate. Because of its "high risk low reward", it is on its way to becoming the new bitcoin in the future. Most organizations that have large amounts of money investments are now leaning on Ripple and its XRP tokens. Undoubtedly, we can see Ripple reaching a price forecast of $ 20 in the next year provided that the normal factors influencing the same as its technical improvement solutions, the flow of money from various organizations into its tokens etc. They are not drastically affected.
Entry of institutional money into cryptocurrencies:
If the normal cryptography market trends continue, this year the institutional money will definitely enter into cryptocurrency. The signal of entry of this money into the market began to be felt in the last months of 2018 and certainly in 2019, this will happen. Various types of cryptocurrency investment platforms for institutional money are already on the market while a huge number of such platforms are being developed with additional features. The institutions seem to be more interested in cryptocurrencies rather than retailers. However, they did not have a sufficient amount of efficient investment platforms to perform. The existing tools were not so good as to meet their expectations in terms of safety. While 2019 has already created many of these platforms, the share of institutional money in the cryptography industry is bound to increase. The "no. of transactions in the cryptographic market is increasing considerably. Capable software developers are providing easier and safer platforms for these transactions. These signs indicate that 2019 could be the year in which institutional money will enter the market and ignite the loss of value of the crypto-industry it would have faced in 2018.
Bitcoin-future in 2019:
Bitcoin suffered more last year. It has fallen to almost 75% of what it had in December 2017. Now, in 2019, people must note that many things have changed rapidly in cryptocurrencies. Bitcoin rivals have emerged, the market has changed, security technology has evolved and, especially for the first time since the increase in bitcoin, the encrypted business is not limited to just one part, but has become trade on both sides. These points ensure that those days are gone when you expect the bitcoin to be profitable 10 times. However, still in 2019, bitcoin will remain the main cryptocurrency. It will continue to hold the majority of investors participating in the encrypted market.
The emergence of viable platforms:
A lot of new and feasible platforms designed for the transaction of cryptocurrencies are planned in 2019. Zilliqa, which is able to perform transactions around 3000 per second more securely; OmiseGo, with the aim of creating a decentralized exchange and a scalable PoS blockchain, are famous for being launched in 2019. In addition, important companies like Volkswagen have linked to the crypto-market organizations to produce some wonders and that will be scheduled for this year. It would not be wrong to state that these platforms and these products would increase the crypto industry and its interest in investors.
Conclusion:
Although the cryptic industry suffered a lot in 2018, one could take inspiration from a recovered capacity for recovery, represented. Several things have changed now. New rules, regulations, platforms and technologies have emerged. Although their results on the crypto-market may not be known with certainty, the conditions appear to be in favor of the encrypted market next year. Various factors such as stakeholders, development, market downturns, etc. They are still the most influential. If the predicted predictions go as you think, the crypto industry could repeat its wonder as it did two years ago in 2017. In short, the future of cryptocurrencies seems safer and more reliable in 2019!
