Cryptocurrency Forecast for 2020

[Prateek_sharma]

Crypto market in 2020 is gonna bring a lot of exciting changes and innovations in the cryptocurrency industry. The market analysis reports a steady rise in the no. of cryptocurrency and blockchain-related startups. Also, the ICO’s, mining, dApps, etc. are about to increase.

The blockchain industry is on the rise and expected to bloom in 2020. Many established companies like Coca-Cola, VISA, Walmart are adopting Blockchain in their day-to-day activities. Based on these analyses, it is easy to say that Cryptocurrency is the future.

What's your take on this?

[1715109113]

1715109113

[bonyaserg]

Personally, I believe that cryptocurrency in 2020 will be in demand on the market. Accordingly, cryptocurrency will be used in many projects and thereby increase in price. And according to analyst forecasts, 2020 will be the most productive year in the crypto industry. And also large companies with great success will implement blockchain in their new technologies. And this will be a big push for big business in the crypto industry.

[btc_angela]

Well I do hope that this blockchain related projects will do something about the every day sectors the ordinary people deal (governments/medicines/pharma) whether private or public.

But as far as ICO, I don't know man, the only bright things for this year is the bitcoin block halving event. So this makes this year very exciting in terms of how our investments are going to grow, just saying.

[mrdeposit]

In fact, the further development of cryptocurrency and the adoption that has been going on since last years, will cause to encounter a more positive market every next year. The 2020 year will accelerate the development with the power that halving adds to it. And I hope that we can easily see this acceleration both in price and adoption.

[patz22]

As we move forward, adaption will be everywhere and I agree that blockchain is the future! the game, because it would make our lives easier and with just a simple step everything can be done. And what I really like is that traditional banks will be over and will not be playing with our money.

[Fatunad]

As we move forward, adaption will be everywhere and I agree that blockchain is the future! the game, because it would make our lives easier and with just a simple step everything can be done. And what I really like is that traditional banks will be over and will not be playing with our money.

Traditional banking system won't be phased out because not everyone will adopt the technology and government will always need banks and fiat currency. Why can't we just both agree that cryptocurrency, fiat, and traditional banking system will all co-exist. Btc wasn't created to replace any of these it was created to completely have a financial freedom.

[batang_bitcoin]

It has been seen even few years ago. We're in the adoption phase ever since and these huge companies will go with the acceptance of crypto because the community and people who are using it is increasing too. I don't know if the former companies who used to accept bitcoin as payment and latter removed it will also turn back to start adopting and adding it again as their payment option. As long as there are users and there are merchants who are willing to accept it, they'll be accepted and it's just a matter of time.

[crossabdd]

Well, blockchain is the future of the global financial and economic system. many blockchain adoption in large companies. I am very optimistic about blockchain technology. but I'm not sure that many crypto will last long. the only crypto that has a future is bitcoin. for altcoin, it will still disappear and change to a new one. because altcoin is like an item.

[asyakashi]

I did not see ICO involved at the beginning of this year. at least the OP provides facts and evidence that large companies like coca cola are interested in blockchain technology. I am sad because Libra failed to launch this year. this is a setback for me.

[nickenburg]

It is pretty hard to predict what Crypto will do this year, but if I had to guess we will see a rise again compared to the lasts years.
Im not sure if we are going to have a all time high this year already, it could be but I think it will be next year.
It will be exciting to see what will happen this year and Im looking forward to it.

[r32godzilla]

I expect with the upcoming bull run hype in every crypto sphere. It will start with Bitcoin, after it reach 20 000USD, altcoins will folow Bitcoin's growth because investors will be more greedy and will look for bigger profit.

[leea-1334]

ICOs about to increase? Oh god no,,, we have had enough of them please. Dapps and mining going to increase I agree and that is only an indication of how active the community always is despite of the price.

Crypto is part of the future, but the future will be a lot of things like AI and data and IoT. Not just crypto:)

[Anora2020]

We believe the positive implementation of the ico rules to minimize the scammers and spammers in the system. And make a new guidelines to know ICO or IEO is legit less waste of time. There are too many projects that are scam.
Good news Dapps and mining is going to increase but remember in the past what happened so let be vigilant to ourself to those ICO modus

[schmidtjens3]

More and more companies will use blockchain technology and start to work with own tokens. And regarding the altcoin market I would say that at least 20% of the current token will die. And we possibly see a new altcoin-season in 2020.

[shinratensei_]

Crypto market in 2020 is gonna bring a lot of exciting changes and innovations in the cryptocurrency industry. The market analysis reports a steady rise in the no. of cryptocurrency and blockchain-related startups. Also, the ICO’s, mining, dApps, etc. are about to increase.

The blockchain industry is on the rise and expected to bloom in 2020. Many established companies like Coca-Cola, VISA, Walmart are adopting Blockchain in their day-to-day activities. Based on these analyses, it is easy to say that Cryptocurrency is the future.

What's your take on this?

Have they adopted blockchain? i think they have not yet adopted it as that's still just a plan. From what i know about that if VISA is not yet thinking to use blockchain as its own scalability is still capable to compete with the blockchain. There are some things that need to be corrected. We have so many innovations in crypto and i agree about that but what makes me sceptical with the fact if crypto is not yet owned a real utility coin other than bitcoin.

We have mining platform, Dapps, especially for the new icos that always coming every day but what we have lost to see a platform that puts its token at the top of their priority to give utility usage.
Blockchain technology is not the only thing that gains the trend but the stable coin too as there will be a lot of digital currency issued by the regulators.

When all of the development progress related to the crypto will go without a lot of problems and i do agree with that article but some point must be corrected just like not all hard forks will be giving a huge impact to the price and that depends on the trend. That article is also not mentioning if there is no altcoin with real utility usage too and there is not ETA about when libra will arrive.

[jakelyson]

Btc wasn't created to replace any of these it was created to completely have a financial freedom.

Whenever I hear financial freedom, I can't help to think about Financial Gurus and their road to financial freedom. BTC is not even made to be an instrument for financial freedom, it just became one. It is initially created to remove third parties in a financial transaction/payment in a trust-based model. Because of speculative aspects in the price of bitcoin, it became a good investment and now a tool for financial freedom.

[...]

Traditional banking system won't be phased out because not everyone will adopt the technology and government will always need banks and fiat currency. Why can't we just both agree that cryptocurrency, fiat, and traditional banking system will all co-exist. Btc wasn't created to replace any of these it was created to completely have a financial freedom.

I don't agree completely with you, there are more coins which have high potential together to handle the worldwide payments. The BTC was created for decentralized ecosystem and traditional banking is the first problem on this road. So, there is no need to underestimate the potential of future crypto industry.

This will only happen if governments will stop using fiats. And as far as I know, that is never gonna happen. Traditional banks will still remain. The good news is that we have options now. Cryptocurrency may be the future but it is not meant to replace banks but to co-exist.

[TrevorS]

Of course, blockchain is becoming a global trend. Its versatility and safety is evident to many large companies. That is why they to some extent transfer their work processes to the blockchain. And that is a good sign.
It is not necessary that this will lead to an increase in cryptocurrency prices in 2020 or in 2021. However, the fact that such large companies are switching to blockchain suggests that there will be a significantly larger infrastructure for the blockchain in the future. This means that more people will be able to use cryptocurrency and this will inevitably lead to another wave of popularity of cryptocurrency and blockchain.

[TastyChillySauce00]

I doubt ICO will increase in 2020 but instead all the projects that have raised the fund in the past will be releasing their finished product and that could probably lead to adoption of blockchain or cryptocurrency. Speaking of the truth there's not enough flow of capital to increase the amount of ICO, at best there'll be really few ICO that succeed but the rest will just fail.

[ven7net]

Crypto market in 2020 is gonna bring a lot of exciting changes and innovations in the cryptocurrency industry. The market analysis reports a steady rise in the no. of cryptocurrency and blockchain-related startups. Also, the ICO’s, mining, dApps, etc. are about to increase.

The blockchain industry is on the rise and expected to bloom in 2020. Many established companies like Coca-Cola, VISA, Walmart are adopting Blockchain in their day-to-day activities. Based on these analyses, it is easy to say that Cryptocurrency is the future.

What's your take on this?

I think that all of the above would be a great result for the entire crypto community. We have already waited a long time for the next stage in the development of the crypto market and blockchain technology. Of course I really want 2020 to be the initiator of new successes in the crypto sector and we saw the influx of new investments and the growth of cryptocurrencies.

[Ken_terrance]

I don't like forecasts because they can be very misleading, i hope you guys won't build portfolio based on forecasts, past forecasts from online websites are most wrong, be wise and invest mostly on bitcoin before altcoins