Ameer Rosic – 2019 Blockchain Predictions

Hello,
Today we will discuss 3 very important things: what is the current state of the ecosystem, what are its prospects in 2019 and what, in my opinion, should happen. 2018 was sucking, chaotic, interesting, scamy, entertaining, but now everything is back on business. 2019 will be a very good year, and here’s why. First, the ICO market is dead, regulators are becoming more active and are beginning to create a legislative base. Secondly, and I talked about this from the very beginning of the ICO market, utility (utility) tokens have absolutely no value, which leads the company to search for new ways to raise funds, namely, to issue tokens that give the right to own a share of the company.

So, 3 important predictions for 2019:

1. 2019 will be the year of bitcoin

For some time, Bitcoin has been quiet but actively developed. SegWit was an important technology that was most intensively developed during the last year. In 2019 we will see the development of the Lightning Network. It will not become fully developed, but we will see an influx of new users, the creation of more nodes, and many participants in the blockchain space will finally realize the importance of Bitcoin, which, like the phoenix, will rise from the ashes.

2. Do not wait for the new bullish STO wave

In the last quarter of 2018, strong interest in STO has appeared. Personally, I think that the market is not ready for this at all. Many are trying to promote the idea that STO is not much different from ICO, accelerating HYPE, but this is a mistaken proposition. STOs carry risks associated with legislation, security, liquidity and much more. I think that now the market is only in the discussion phase and we will see the embodiment of all this still very soon. Yes, many companies will enter the market to use this fundraising model, but in 2019 and 2020 it will not work as many people dream of.

3. Much work will be done on the Web 3.0 model.

I think that most ICOs who have collected huge sums of money during 2017-2018 will not release any products. However, the few companies that survive will begin to launch their technologies in Q2 2-3 2019. Also in 2019 Ethereum will have a number of competitors. Honestly, Ethereum has the largest developer base. I wonder how new platforms will develop and search for their niche. I believe that these platforms need another 2-3 years to fully mature. Undoubtedly, this is a very long period, if we talk about the technological sphere, so some projects will have an unfair advantage. It is not clear who will win this race, I do not bet on Ethereum.

I think that in 2019-2020 we are waiting for a long bear market. During this period, many will plunge into the cold water of reality, realizing that 99.9% of ICO does not bring results, even if they produce products they do not have a sustainable business model, they are pressured by regulators and, finally, existing technologies still scale poorly. If you are an entrepreneur or an investor, the best thing to do is to relax and enjoy. I like this bear market, the reality is finally returning to people’s minds, and we are all becoming more aware of the current state of affairs. The technology is still underdeveloped, we still do not know the business models of Web 3.0, Bitcoin has not matured (despite the fact that it is the most advanced technology of all existing today) and we have a very, very long way to go. If you are not indifferent to the future and like to make money on technology companies, then it is better to think in 5/10-year periods.

This article is a direct translation from this source