Post
Topic
Board Speculation
Re: What Do You Expect From The Market in 2019?
by
South Park
on 23/12/2018, 18:37:31 UTC
Most of the predictions are saying 2019 will be the year of recovery. With the way ICOs have fared do you think the price of Bitcoin will rebound? Ripple is one of the coins that may be axed in 2019 if SEC feels confident enough to make that move and that will definitely affect Bitcoin price big time. In any case 12 months is a long time and I think sometime next year things may shape up but it won't be as easy as we assume. https://cryptoinfowatch.com/ripple-currency-news-will-ripple-centralization-wreck-the-cryptocurrency/
I really do not expect much from the market in 2019, it seems to me that many are underestimating the damage that the bear market did to the confidence of most of the investors that put their money in bitcoin during 2017, many are probably too afraid to get back in the market after suffering such huge losses so we will need years for those memories to fade and for new investors to come.