Weiss Ratings 7 forecasts 2019

[bbc.reporter]

Skip forecasts 1 to 6 and read forecast no.7 hehehe. That is what Weiss is setting up the readers of this article for from the beginning. They want you to buy the scams that they have speculated in or the scams that they were paid to hype and advertise.



Each model is driven by tens of thousands of data points analyzed weekly. And both come together to support seven forecasts for 2019 and beyond …

Forecast #1

Bitcoin will be increasingly used as a store of value.

Bitcoin costs virtually nothing to store. It’s extremely efficient to transport. It’s secure. And it cannot be confiscated by any government.

No other asset provides that combination of properties. And consequently, no other asset can currently compete with Bitcoin as a store of value.

Result: Bitcoin is on its way to becoming a veritable digital gold.

Forecast #2

The price of Bitcoin will rise again and head for new all-time highs.

Through 2015, Bitcoin had suffered four bear markets with declines of 70% or more.

Each time, the so-called “experts” wrote its obituary. But each time, Bitcoin recovered and embarked on a new bull market that delivered average gains of 6,300% from bottom to peak.

Then, last year, we witnessed Bitcoin’s fifth major bear market. And again, experts came out of the woodwork to declare that “Bitcoin is dead.”

What few people recognize is that, thanks to the 2018 price declines, most of the weakest hands in the market have departed. Meanwhile, stronger diehard believers have held firm or even accumulated more Bitcoin.

Distributed Ledger Technology has continued to advance, as major progress was made in fixing known deficiencies in first-generation cryptos.

Among select coins, adoption has improved dramatically.

And overall, the groundwork was laid for a new bull market.

Result: In 2019, much as it did after prior bear markets, Bitcoin will again rise up and head for new all-time highs.

Forecast #3

Select altcoins will rise from relative obscurity to as much as 20 times their previous all-time highs.

Altcoins are typically less well-known and less liquid. But among them, a select few with superior technology will get traction in the real world with increasing adoption. They will ultimately return to their all-time highs. And some could rise a lot further — to as much as 20 times their prior peaks.

Forecast #4

A select group of cryptos will compete to build a new kind of internet.

Coins like EOS, Cardano, Holochain and others are currently leading the charge to create Internet 3.0 — a more secure and more sustainable worldwide web.

Other cryptos are in the wings and not yet even on the market. Meanwhile, many me-too competitors are also jumping into this space.

Most will eventually fail. But the potential prize is enormous. If the most advanced cryptocurrencies succeed in creating Internet 3.0 as proposed, they could someday be worth trillions of dollars in market cap.

Forecast #5

Another select group of cryptocurrencies will disrupt the world of banking.

Bitcoin was created to be a new kind of digital payment network, but has so far failed to achieve that goal.

Meanwhile, however, Ripple’s XRP and Stellar are rising to the challenge. They have the potential to disrupt financial markets, remittances, wire transfers and much more.

Ripple’s XRP, in particular, is aiming to disrupt SWIFT, the giant payments network of the global banking system. If it can manage to chip away at SWIFT’s market share and even replace it in some areas, there’s a chance that XRP could eventually become the world’s No. 1 cryptocurrency.

Forecast #6

Bitcoin me-too coins will fade away.

Many cryptocurrencies are going to disappear for the simple reason that they bring virtually nothing new to the table.

Even among the top 10 by market cap, several fit this description, including Bitcoin Cash, Bitcoin SV and Litecoin.

There’s no innovative use case for them. They’re likely to fade away over time.

Forecast #7

New coins will rocket to the top 10.

New coins like Holochain, Hedera Hashgraph and others, although still relatively obscure today, will burst onto the scene and could rocket to the top 10 by market cap.

These are non-blockchain distributed ledger projects that could become the new trust layer of the internet. As such, their tokens could rise in value more rapidly than those of their blockchain competitors.

Read in full https://weisscryptocurrencyratings.com/news/crypto-forecasts-2019-beyond-1759

[bbc.reporter]

Read forecast no.7 again, which pumping Holochain and Hedera I reckon, is the main reason why Weiss publicly released their forecasts.

After 2 days it is followed up with this article posted everywhere in bitcoin news media hehehe. The pump begins.



Holochain (HOT) Up 25% On Rising Volume and Positive Weiss Predictions

Holochain (HOT) surged to 25% gains late on Sunday, possibly buoyed by its very positive appraisal in the latest crypto-predictions by the good people at Weiss Cryptocurrency Ratings.

http://coinwisdom.org/140441-holochain-hot-up-25-on-rising-volume-and-positive-weiss-predictions/

[victoria444]

Lol, that's just what happens to most coins that pays to hype them instead of focusing of the projects.

[damberg]

It is very easy to manipulate such low cap markets. This was a nice example of orchestrated pump and dump that happened very often in the first half of 2018.

[jossiel]

I followed your tip of skipping the rest and proceeded to #7. Giving such confidence to their readers and giving a tip on what they should buy really gives them the confidence that 'hey we should buy what Weiss ratings said'.

Suddenly, dump starts to begin when the coin pumps.

Devs and holders of that coins feels like 

[mummybtc]

I am not surprise about the allegations of payments to rating websites, I am not saying Holo and Hedera do not have chance of success one thing both will learn soon is that it is very poor decision to focus on media attention more than the developemnt side of things. Dash and Ethereum learn this the hard way

[okan]

it is the ad of Holochain and Hedera Hashgraph.
they are shilling these coins.
i hope they can success that. but it is too hard.

[bbc.reporter]

I followed your tip of skipping the rest and proceeded to #7. Giving such confidence to their readers and giving a tip on what they should buy really gives them the confidence that 'hey we should buy what Weiss ratings said'.

Suddenly, dump starts to begin when the coin pumps.

Devs and holders of that coins feels like 

It only reveals how corrupted the ratings businesses are. It was already demonstrated during the financial crisis of 2008 when the ratings agencies, Moody's, Standard & Poor and Fitch Ratings were bribed to give triple A ratings to junk investments.

I reckon that we might be looking at a similar scenario in the cryptospace.

[bob3772]

I don't trust anything Weiss Ratings say. In the past they've shown that they're not speaking from a place of objectivity and that they're not doing complete and thorough research before making any forecasts. This is no different, a big ol' shill.

[Dragonrage201]

Similar pump and dump used to happen with Palm beach letter's monthly picks. Weiss's forecast seems to suggest Holochain as an example though.

[Sephire]

Cryptos are a hot area so expect to see more stock and other investment newsletters to join the bandwagon over time and add to the volatility.

[buyholo]

I think you are wrong because Holochain is really a innovative project on the contatary of mostly all existing blockchain project because blockchain and smart contract no fees features already exist with top market cap projects. You can find many more information on my website https://www.buyholo.net/ Feel free to contact me if you have any question related to Holohain!

[vit05]

They have tried to put together Holo with others coins like EOS and Cardano. But the project looks very different and want to do things way more difficult. Their consensus system is called "Proof of Service”. I think it will be very difficult to work and there is a lot of buzzwords that investors love to use. It is the perfect project to hype.

[Lakai01]

Wasnt it Weiss which shilled NEO in their 2017s forecast, resulting in a huge price boost for the coin? For me its very hard to believe that such forecasts are not flawed/bought by companies.