What's in store for crypto in 2019?
So we all know there are tons of crypto predictions, but what's yours?
I personally feel we will have a slow but good year. I don't think we will hit the moon but some of us will do quite well for ourselves. I'm not an expert or financial advisor which goes without saying.
Bitcoin
I think Bitcoin will not reach all time highs until after 2020. The only way we will hit an all new high this year is if the stock market crashes and immediately lots of new rich people say they support btc.
I do think the worst is over, or possibly that we will have flashback crash with a quick recovery...I'm saving 15% in stablecoin just in case. But I think we will end the year somewhere between $6000 and $12000, gravitating to $8000. I expect lots of mini pumps and mini dumps to get there.
Mid caps
I think 2019 will be the year of the mid-cap. Bitcoins market share will drop even if the price rises and I think most of that growth will be in mid-caps. XRP and ETH will grow a bit in relation to BTC but I expect coins in the 4-17 spots on coinmarketcap to hold a much bigger share of the market.
Which coins?
Well, that really depends on who makes deals and what gets adopted, there will be much more adoption by the end of the year and some of the coins will really benefit. Look at what happened to Enjoy after it was announced that Samsung would have a wallet featuring Enjin. I think we will see bigger adoption for a few coins which will lead them to double or triple their market cap.
Binance, for sure. Assuming binance doesn't have any scandals, I think it's inevitable that it becomes a top 5 coin. I won't be surprised if it starts to catch up to XRP and ETH.
EOS and Stellar have a good shot but it depends on partnerships. Tron I'm always skeptical of, but if the tech is viable, which seems to be debatable, it will likely grow.
Litecoin is likely. Dash possible. While there are people who say ltc I'd redundant, it really depends on adoption.
I'm still holding out for Neo which I think is strong because of it's organization and community. Maker intrigues me too.
Small caps
Some coins will make deals that surprise us like Enjin did. 1 or 2 might even make it into the top 10 if they announce some big development and make big partnerships.
BAT or Omisego...Ontology, Vechain, Icon, Waltonchain, even KuCoin, these are coins I can imagine doing it, but there will likely be one or two that no one saw coming.
Basically I see the gap between the top 3 and the rest of the top 15 getting much smaller.
Corporate coins
I think before 2019 we will see at least one Corporate coin come in and likely make it's way to the top 4. Which will it be? A bank coin? Facebook coin? Or maybe even a national coin.
I don't like it but I do forsee it. I don't think it will hurt the coins we like in the short to mid term though, it will probably help them at first, as some people who lost interest in the space will come back and it will start some new debates that help educate more people about crypto.
Steem and Whaleshares
I think Steem will reach $1 sometime in the not so distant future, possibly even $2 and make it back to 25 or 30 in ranking. It will only reach all time highs if the whole market does. If Bitcoin gets back to $20k we could see $10 Steem. I think whaleshares will make it to $0.20 to $0.50 depending on how many people are using it. I also think Narrative and Minds will become more viable competitors this year.
Steem will have to do more to keep it's standing, but it very well may stay on the top of monetized social media for the next 2 years, depending on future developments.
Projected top 10 on January 1 2020
Just for fun
- Bitcoin
- Etherium
- XRP
- (Corporate coin)
- Binance
- Litecoin
- EOS
- Stellar
- Bitcoin cash
- Neo
Total market cap: 550 million
It is a very good exercise to create a list like that. I think that your prediction is a reasonable one. I have been wrong in the past not being bullish enough, I think I would put BTC at 16k by August and possibly breaking the ATH in 2019. It has always ramped up starting about a year before a halving and we are 16 months away. I can't foresee a corporate coin rising that fast but I am sure that it is possible. I do think bakkt will succeed and traditional stock traders will get in-app crypto trading everywhere. Fidelity will add Ethereum and other coins. Towards the end of the year the SEC will approve the resubmitted VanEck Solid-x ETF and it will be a fun ride to see what unfolds.
I hope you are right. I sure would love to be able to suppliment my income through things like steemit like I was nearly able to do last year for a few months.
Nothing goes as planned though, that can be for better or for worse but I am expecting big surprises along the way
Now that I've kinda got my finances together, I'm starting to put a little bit of $$ each week into my exchange to start investing.
Last week I put some money into an interesting crypto-investment app called Ember Fund, and chosen a portfolio to invest in. It includes Bitcoin, Enjin, BAT, Dent, and QuarkCoin.
I think Steem is growing up. Over the last month or so, folk are beginning to develop. More dApps, and the token.... steem-engine and the new FreedomEx exchange are signs that we are moving into new and different territory. Social media platform will just be one piece of the Steem puzzle... and games are probably a part of this. I wouldn't be writing Steem off just yet.
I'm also invested into Holo.... this is going to be a game-changer technologically speaking... and I wish Steem could take some ideas from those guys, coz this is cool stuff. Imagine steem users having a mini-server that runs the decentralised system, earning the local currency which can then be exchanged to pay for running a dApp.....???? Go check them out, there is some seriously interesting futuristic shit going on over there.
I'm also keeping an eye on BNB.... I think I will be putting some $ into it.
I kind of complained about it because it felt like content creators were getting thrown under the bus sometimes, but steemit was smart in trying to attract developers, it's basically what's kept this ecosystem alive despite everything.
I just found out about Junto which is on Holo, it will be new social media but it seems like it might not be monetized. I really like the vibe they give though, basically focused on using social media that enrich our lives by helping us build communities without being addictive. I'm reaching out to them now to learn more, but seeing something like that got me interested in Holo. I'll learn more though I think a lot of Holo will probably go over my head
I bought some BNB at 14, it may correct but I still think there's a chance it gets close to XRP and ETH
I got used some BTC to buy a bit of Kyber too which was a good idea. I think this is what the market will look like for the next few months. Coins pumping one by one as news comes out of partnerships.
Holo is next for me...hoping for a Steem pump!
I wrote my post on Junto with you in mind, actually... I remember reading in your previous post about wanting somewhere to express your creativity.
No it doesn’t look like it’s going to monetise posting, however the fact it’s not could be the thing that keeps it unique (especially if Fakebook tokenise their platform). It will add value to Holo then.
Posted using Partiko iOS
I hope there is a lot of monetization of content out there but if the community is made of awesome enough people it will be just as interesting to me and it seems to be
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