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Most people do what the media inspire. In 2018, negative information prevailed in relation to cryptocurrencies, which alienated most people from them. In addition to the actions of whales, this has become one of the important reasons for the bearish trend in the cryptocurrency market.
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Ethereum is used as a blockchain platform for 85% of all ICOs in the world. In January, the network of the Ethereum will switch to a new protocol, which will significantly increase its attractiveness. I think that the growth of Ether will begin in 2019 after a successful update.
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In the second half of 2018, Ripple is steadily moving towards increasing its capitalization. This platform is supported by many banks around the world, because it is centralized payment system. Banks control this system and invest money in it. This determines its value and further growth.
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According to the latest information, Ethereum goes to the new release 2.0 of the network on January 16, 2019. This will entail a decrease in the miners reward. In addition, the PoS algorithm will be introduced, which will require the retention of a large number of ETH coins on the wallets of masternodes owners. All this will inevitably increase the price of Ether.
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Most of those who started to deal with cryptocurrency in 2017, suffer losses in 2018. This was done intentionally by big players who overheated the market in 2017, attracted a huge number of people and this year they make a profit.
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According to the latest statements by Ethereum developers, the transition to the dPoS consensus algorithm will be made next year. They will refuse the services of miners, so ProgPOW is unlikely to touch Ethereum.
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Everyone should benefit from the development of open source innovative technologies. Cryptocurrencies and blockchain technologies have no boundaries, the division by national or state basis here, as well as on the Internet is rather conditional.
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In theory traders usually sell available coins during such a time, then they wait for a further fall in prices, buy the same amount of coins again, and keep the remainder. The newly received coins they put up for sale in anticipation of the next price increase.
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In 2019, I expect at least a fivefold increase in the price and capitalization of Bitcoin. This should happen due to the cumulative effect of Bitcoin legalization in many countries, habituation of people to cryptocurrency and the search for ways to save money in the light of the impending financial crisis.
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The legalization of bitcoin in China with its huge population is a very important step in the development of bitcoin. The decision of the court approved the already obvious truth that Bitcoins are property of value.
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Even the name of the project shows that they are fraudsters. EOS only appeared in 2018, and they already use this name to create clones. This is due to the huge success of ICO EOS and the desire to have its profit using false flag.
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