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Author Topic: 2020 will be a material year for crypto. What do you think?  (Read 1345 times)
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January 01, 2020, 05:23:38 PM
 #41

Honestly I think BTC will make progress , not only in price progress but also  technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

I am expecting the same thing also, however, a guy said that LN was already for about 2 years ago? Isn't it a bit slower? Well, anyway it is understable because it was going massive usage and the project might be preparing for a worst case scenario. As for bitcoin, there might be some progress towards adoptation not for bitcoin but for blockchain as well, however market might remain stagnant as may be halving impact might come in effect later a year after then.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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January 01, 2020, 05:37:02 PM
 #42

Didn't someone say the same last year?

No, no one can say this last year because this is the halving year and not the last one. This year is the much awaited year because we are going to experience halving in the mid of this year and that will be the start of the another bull run.
But i got the feeling that this year will be almost the same as last year despite that there's a bitcoin halving coming in. But it won't say that the market will be much bullish after the halving because post halving effect will take some time to take effect.

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January 01, 2020, 05:39:53 PM
 #43

This 2020 New year wale show some biggest potential investors towards this cryptocurrency and we need to have the investment from big giants to boom in the marketplace.
But this year halving might giving best resolution for every people who believe that Bitcoin and alts.

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January 01, 2020, 05:44:24 PM
 #44

Didn't someone say the same last year?
That is what people say to stay motivate and make crypto look promising. It is a long time I checked the price but when I open my etherscan this money. I bursted into laughter seeing price of ETH to have dropped to $130. The sad truth is that when there is upbit again and the price pump up a little, we shall witness many spec again regarding how btc will be 20k before July  Grin
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January 01, 2020, 05:47:15 PM
 #45

Didn't someone say the same last year?

No, no one can say this last year because this is the halving year and not the last one. This year is the much awaited year because we are going to experience halving in the mid of this year and that will be the start of the another bull run.
It is very amazing how people come up with some theory every year just to give themselves hope that bull run will occur again but when the time they predicted has passed, we shall see another theory postulated by someone on how the BTC will reach 30k before the end if 2020.
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January 02, 2020, 08:54:15 AM
 #46

Didn't someone say the same last year?

No, no one can say this last year because this is the halving year and not the last one. This year is the much awaited year because we are going to experience halving in the mid of this year and that will be the start of the another bull run.
Yes you are right. No one ever can predict what will happen this year. But while we are waiting for that big thing to happens let's just pray, trust each other and think positive.
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January 02, 2020, 11:23:09 AM
 #47

im not sure, but maybe your word can be hope for crypto user. last year we said that crypto will be great in the next year, but we repeat it now.

Didn't someone say the same last year?
That is what people say to stay motivate

yeah, people need to motivate each other by saying positive word, and hope grwatful for crypto in next time
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January 02, 2020, 11:33:20 AM
 #48

I think 2020 will be the same as 2019 if steps are not taken to find a solution to two of the prominent limiting factors of bitcoin.
I believe that if solutions are provided to these two factors, there will be a scaling up in the price and adoption of bitcoin.
These two factors, I believe, are transaction fees and government acceptance of bitcoin.
Many bitcoin users use bitcoin only as means of investment and not for day to day usage due to it's hight transaction fees. Calculating the amount of bitcoin I'd have lost to transaction fees if I transact on a daily basis will put one off from using bitcoin everyday. So,  I believe if there are low transaction fees, more people will use bitcoin everyday and this will ultimately have an effect on the price.
Secondly,  government rejection of bitcoin is a great limiting factor on the adoption of bitcoin by the people of the country. This is why bitcoin isn't used for everyday purchases.

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January 02, 2020, 11:36:59 AM
 #49

This 2020 New year wale show some biggest potential investors towards this cryptocurrency and we need to have the investment from big giants to boom in the marketplace.
But this year halving might giving best resolution for every people who believe that Bitcoin and alts.
There are no new investors for awhile like how Bakkt happens but halving might give a different effect and we hope it will be really a great year to improve and to have again new investors that will reinvest in this too volatile market of ours. May this new decade will be filled of hope to gain even we are starting from bear market. Let's hope New projects will really be focus on the improving their products.

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January 02, 2020, 11:40:44 AM
 #50

This 2020 New year wale show some biggest potential investors towards this cryptocurrency and we need to have the investment from big giants to boom in the marketplace.
But this year halving might giving best resolution for every people who believe that Bitcoin and alts.
There are no new investors for awhile like how Bakkt happens but halving might give a different effect and we hope it will be really a great year to improve and to have again new investors that will reinvest in this too volatile market of ours. May this new decade will be filled of hope to gain even we are starting from bear market. Let's hope New projects will really be focus on the improving their products.

I think there is some but not that huge enough to move the market upward.  Now we are looking forward for halving that it may give a good hype and cater more interested new comers to Bitcoin.  Bitcoin is still a speculative asset so price increase is all depend on how strong the hype created by the halving is.

In due time, I believe Bitcoin will be known for its use case and being a currency rather than a speculative asset, and 2020 would be a good year for that.
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January 02, 2020, 11:42:02 AM
 #51

Let's hope New projects will really be focus on the improving their products.

I guess projects who have successfully raise funds are doing their job to improve the project, of course this excludes projects that are scam.

Though they are working on it, but we cannot expect that it will easily reflect on the price because if you look at the market, even big coins are also struggling, how much more the new ones, if ever they rise but it's gonna on a temporary basis because no coins that would consistently rise when the market in overall are struggling.

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January 02, 2020, 11:52:50 AM
 #52

Every first month of the year i always see that kind of question.  For me i will just wait for what will happen this year cause im tired of prediction made by known personalities in crypto.

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January 02, 2020, 12:27:39 PM
 #53

Every first month of the year i always see that kind of question.  For me i will just wait for what will happen this year cause im tired of prediction made by known personalities in crypto.

For me these predictions do really work, if we are just to wait and to wait then nothing will really happen. What if we try to believe in a prediction plus, support and share it, would it be better if instead of waiting we are already buying because we believe in a prediction? What if everybody do the same. If one prediction becomes lucky that many people believes in it, then the market price of bitcoin that we really desire to increase will really come true. It is making an act instead of just waiting for nothing plus blaming people who does their best to make the price increase by making predictions with basis.
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January 02, 2020, 12:44:43 PM
 #54

Absolutely, this year is coupled with numerous developments for blockchain technology and bitcoin is off no exception. What i am really interested in is where we can see a real increase in the adoption and use of bitcoin by buyers and sellers. In addition, the knowledge of blockchain technology is also increasing rapidly and it would help people to really appreciate blockchain solutions that are launched in to the world.

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January 02, 2020, 01:46:54 PM
 #55

Honestly I think BTC will make progress , not only in price progress but also  technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Bitcoin and cryptocurrency has come a very long way in these past ten years. The original code has been modified, re-visioned, added on to so much that an entire market has cropped up around it with alternative coins. Some alt-coins started off as purely clones, I'm sure Satoshi had predicted this would happen being that the code was open source. Then some projects started to emerge with real innovations, not just clones but coins with new features and better consensus mechanisms. Nobody really knows for sure but this year could indeed be Crypto's year, So I try to remain optimistic in this situation.

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January 02, 2020, 01:54:49 PM
 #56

Honestly I think BTC will make progress , not only in price progress but also  technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Bitcoin and cryptocurrency has come a very long way in these past ten years. The original code has been modified, re-visioned, added on to so much that an entire market has cropped up around it with alternative coins. Some alt-coins started off as purely clones, I'm sure Satoshi had predicted this would happen being that the code was open source. Then some projects started to emerge with real innovations, not just clones but coins with new features and better consensus mechanisms. Nobody really knows for sure but this year could indeed be Crypto's year, So I try to remain optimistic in this situation.

We have seen the journey of Bitcoin and we can say that it has been successful over the years, and will for sure become widely known and will be more popular from today on wards. The 2020 will be something great, the new start of journey for Bitcoin with a great potential and stronger than before.

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January 02, 2020, 02:02:58 PM
 #57

Honestly I think BTC will make progress , not only in price progress but also  technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Bitcoin and cryptocurrency has come a very long way in these past ten years. The original code has been modified, re-visioned, added on to so much that an entire market has cropped up around it with alternative coins. Some alt-coins started off as purely clones, I'm sure Satoshi had predicted this would happen being that the code was open source. Then some projects started to emerge with real innovations, not just clones but coins with new features and better consensus mechanisms. Nobody really knows for sure but this year could indeed be Crypto's year, So I try to remain optimistic in this situation.

We have seen the journey of Bitcoin and we can say that it has been successful over the years, and will for sure become widely known and will be more popular from today on wards. The 2020 will be something great, the new start of journey for Bitcoin with a great potential and stronger than before.
Every year the usage on different purposes keeps increasing along with the increase in the user community. This means with time there is growth in all prospects. Upon the same we are in need of further advancement to stay strong in the market. As of now lightening network is much concentrated by the team. Complete development will take time, but that will cause a big change in the market of bitcoin. As the demand keeps rising to the limited supply there will be more competence in hash generation which makes mining expensive with time.
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January 02, 2020, 02:11:27 PM
 #58

Didn't someone say the same last year?

No, no one can say this last year because this is the halving year and not the last one. This year is the much awaited year because we are going to experience halving in the mid of this year and that will be the start of the another bull run.
It is very amazing how people come up with some theory every year just to give themselves hope that bull run will occur again but when the time they predicted has passed, we shall see another theory postulated by someone on how the BTC will reach 30k before the end if 2020.


Maybe Yes, Maybe Not. That's a good thing in expectation and theories, you predict something out of nothing. So when you expect a price for bitcoin then you have something to plan in this year 2020. Because having a plan and expected price will help you to execute the right things on how yo prevent losses and to gain profits this year. So that bitcoin will become still useful even though it is still not certain to trust bitcoin this year.

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January 02, 2020, 02:51:12 PM
 #59


We'll just need to expect something every year, it keeps the hope to make us all up and not give up. The halving had already made people come back to crypto and I guess the hype is already building up due to this halving. All it needs now is just another push for it. There are already list of things to see this year like the Defi as well.


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January 02, 2020, 03:01:48 PM
 #60

lots of people learn it the hardway in 2017, so if we think that this is the year for crypto, it will probably not
unless there is a good thing that will make community and government agree on both terms, it will be the great year for crypto if it happens

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