Unless youre Spencer Bogart, most people would agree that 2018 has been a dismal year for cryptoeven if they dont say it on their Twitter feeds. If you want to sum up the year in four words, you could try using these: ICOs and Ethereum are dead.
Forums, Telegram groups, Slack chats, theres no shortage of predictions for Ethereums collapse, ICOs futures, FUD, and personal nagging fears about ending up in a dumpster. But, beyond the gossip and speculation, what do the industry insiders have to say?
CCN |
https://www.ccn.com/2018-in-4-words-icos-and-ethereum-are-dead/ I agree that 2018 is a bad year for the whole cryptocurrency industry though we are seeing a bigger adoption and utilization of the blockchain technology in many fronts. The reason can be that many big and small investors that entered in 2017 were gone this year and there is no indication that they can be back even in 2019. This can be the big reason why many are really pushing for the approval of the ETF so institutional money can be attracted to enter and be a part of this fledgling industry but I doubt if the approval can have a lasting positive effect on Bitcoin. I am not saying that we are doomed but I am expecting changes to be coming in 2019 whether we like it or not. ICO has to transform itself into a new form where investors are protected and not scammed...there has to be a way for this and we are seeing more interest on STO. As to Ethereum, it can metamorphosed itself and that is what its developers are doing now.
Let's hope for the best but prepared for the worst.