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Topic: 2019 Will Be Remarkable for the Industry (Read 760 times)

hero member
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I am terrible at Fantasy Football!!!
November 15, 2018, 12:51:17 PM
#52
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/
If that is your reason of why you think the market will improve in the next year then to me that is too little, do you remember why the price of bitcoin went up so rapidly at the end of the year? The price went up so abruptly because segwit was activated, what made the price to go up was a news that was related to bitcoin and the only thing that can make the price go up in that way again is a huge news like that.
hero member
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November 13, 2018, 10:30:45 AM
#51
Every new year is filled with hope that ushers a new beginning for things that did not go right in the ending year and the crypto world would not be an exemption. But so also as we don't expect to be doing things the same way and expecting different results, it would only be a case of wishful thinking if we just hope and not back it with actions.

If I remember, around September, the attention was what would happen in December and I maintained that so far we all still continue to be skeptical in taking actions to improving the price of bitcoin, December would come and nothing would change. This is exactly what is going on and now all hope is banking on the new year.
legendary
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November 13, 2018, 08:31:02 AM
#50
I believe this and I think we can actually buy now and hold till 2019 before selling as we are in a still market now.  Bitcoin is going to pull other coins along next year when it resume its bullish trend by next year. 

Its not rocket science that this year was a good accumulation period specially for those long term holders. The second quarter of this year shows that bitcoin won't make any significant run and the price will continue to struggle up to the end of the year.

Regarding 2019, well we can't really tell that's for sure. Bitcoin will take its natural course if this catalyst are put into place. However, I will just advise not to put too much expectations at this point, there's a lot of things that can happen, its better for us to apply a 'wait-and-see' attitude specially if the bearish trend spill over to 2019.
sr. member
Activity: 924
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November 13, 2018, 07:48:44 AM
#49
I believe this and I think we can actually buy now and hold till 2019 before selling as we are in a still market now.  Bitcoin is going to pull other coins along next year when it resume its bullish trend by next year. 
newbie
Activity: 29
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November 13, 2018, 07:14:13 AM
#48
2019 will see more crypto users and hopefully by the half of 2019, bitcoins can rebound to its highest price it was in 2017 December. As was seen in 2018, more ICOs will be flourishing and a lot of merchants will be integrating the crypto into their products.
Another great news came from both Hong Kong and Canada. Apparently the crypto companies are working towards getting a special deal for their energy needs in canada and they have been working with local governments and local energy providers so they can get a deal. One big company called DMG Blockchain Solutions has actually gotten 85 megawatts of energy and that is enough to power 50 THOUSAND houses, which is why they wanted to get a bulk discount instead of paying individual prices.

If that happens the already favored canadian mining sector will definitely get much bigger and rival china for sure. Also hong kong has published regulations that are easy on blockchain companies and just allows them to be taxed just like any other. French lawyers has also told the government to go easy on crypto regulations so the crypto companies can rise there instead of going somewhere else.
sr. member
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November 09, 2018, 05:34:40 PM
#47
I strongly agree with you because surely in 2019 this cryptocurrency will be even bigger and I am very confident that there will be many platforms that use bitcoin and other cryptocurrency to be able to accept existing transaction payments and will make the price of bitcoin very expensive because the bitcoin supply will increasingly peak and it's increasingly difficult to get bitcoin.
2019 might give a hope to those found that dump too much at this year, but it will not be as remarkable in price as it been in 2017, it will depends on how the investors and whales will adopt again in the market.
sr. member
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November 09, 2018, 10:12:47 AM
#46
2019 will see more crypto users and hopefully by the half of 2019, bitcoins can rebound to its highest price it was in 2017 December. As was seen in 2018, more ICOs will be flourishing and a lot of merchants will be integrating the crypto into their products.
Hopefully, but i don't get my hopes high enough yet because it's just so unsure to decide whether the market in 2019 could change according to the news and data that they have gathered. It's not the right time to make a full assumption to the market since we aren't moving yet from this bearish market. Not so close for the bull run despite of these news all over the place.

Maybe in 2017 the market was so great during that time but in 2018, we experience the other side of the market after that bullish market. Could it change in 2019 or maybe in 2020? A lot of proposed projects have been rejected, what do we need to expect next year?
full member
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November 09, 2018, 08:32:42 AM
#45
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/
our mind is now on 2019 . I don't think bitcoin and any coins are going to make any surprises move this year again.  However, what has happened is going to translate to bullish trend from next year.  I have tried to analyze the market and I did not see any reason why the bearish trend and ranging trend persist.  I believe that 2019 is a year we have been waiting on.
hero member
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November 09, 2018, 07:19:08 AM
#44
I strongly agree with you because surely in 2019 this cryptocurrency will be even bigger and I am very confident that there will be many platforms that use bitcoin and other cryptocurrency to be able to accept existing transaction payments and will make the price of bitcoin very expensive because the bitcoin supply will increasingly peak and it's increasingly difficult to get bitcoin.
legendary
Activity: 1442
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November 09, 2018, 06:29:45 AM
#43
In market, something is in benefit for a specific group and rest is beneficial for the whole population. Bitcoin and the crypto market is suffering from this dilemma. Here everyone tries to get more and more but they don’t let other body take that chance out. We are always pulling each other’s leg. So investors have their own plans while we have to tackle them.
Well, is that not the reason why you should be having your own plans ? Or have you forgotten that in this life that we are in, it is strictly all man with his own life to deal with ? As much as big or small investors are trying a way to at least make a cut for themselves in the space, you also need to have your own plans for the future as well. Pulling each other's leg is something that will keep happening, and the idea is to always make the weak hands suffer for it, so in a way, it is either you decide to be a weak hand or you simply be a strong hand, the choice is always going to be yours.

I would say lately that we have been seeing a lot of pretty good news in this space and the likelihood of that news really bringing a huge development both to the market and its price in the long run. For now, we can see glaringly that the big institutions or will I say more of them are actually making a lot of attempt to be a part of the space by all means and that certainly means there is more money coming into the market as the case may be. A lot is expected to happen in 2019, and I won't be surprised to see some pretty good movement upward within the period of 2019 - 2021.
sr. member
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November 09, 2018, 12:31:42 AM
#42
I also think so, throughout 2018 this is the year of the dilemma for bitcoin and all other cryptocurrencies. Even though we can only hope, in 2019 there will be a second great explosion for Bitcoin. We should try and start from now to buy bitcoin, although little by little the price of bitcoin will undoubtedly become big.

Always consider the coming years to be better than before. As in life you have ups and down same is with the btc as well. Not all the years might be same. But quite possible that in coming year it can recover so well that even last year profits could be made in next year if you keep buying on every dip and in bull run makes the best returns.
full member
Activity: 602
Merit: 118
November 08, 2018, 07:26:17 PM
#41
I also think so, throughout 2018 this is the year of the dilemma for bitcoin and all other cryptocurrencies. Even though we can only hope, in 2019 there will be a second great explosion for Bitcoin. We should try and start from now to buy bitcoin, although little by little the price of bitcoin will undoubtedly become big.
member
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www.daxico.com
November 08, 2018, 06:47:31 PM
#40
2019 will see more crypto users and hopefully by the half of 2019, bitcoins can rebound to its highest price it was in 2017 December. As was seen in 2018, more ICOs will be flourishing and a lot of merchants will be integrating the crypto into their products.
legendary
Activity: 1666
Merit: 1001
November 08, 2018, 06:19:35 PM
#39
Hopefully this can trigger something positive, in 2018 there are so many positive news but the rising is not too good, and people are hoping that 2019 could be a great year again for crypto, but I don't want to get my hopes too high there are a lot of pressure about Bitcoin that makes it hard to grow
legendary
Activity: 3164
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Leading Crypto Sports Betting & Casino Platform
November 08, 2018, 02:14:24 PM
#38
2017 was the remarkable year in the industry and it will take a lot for another year  to get to that standard.  So no,  I don't think 2019 will be all that remarkable.  I am certain though that a few projects will hit the roof : MFChain for example, is one I believe has that ability.  There will also be coins that are not worth a farthing, and alot of them too.  The coming year calls for adequate and extensive understanding of any project,  we may see scam projects worse than we ever have.

Let me guess, you are an ico buyer of this shitcoin. Good luck with it.

he believes that these shitcoins can be a good investment, but from what I see, these shitcoins are generating a lot of damage for investors

2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.

I wonder what kind of signal people are wanting to see? There are not many great news that can boost the price,

US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange

This shows how things will be in the future.

sr. member
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LuckyB.it is Back!
November 08, 2018, 11:55:56 AM
#37
2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.
Bitcoin is always struggle in every year but some whales are controlling the crypto market. So we need some regulation in Bitcoin then it it will move to positive trend. Now we need legalisation of Bitcoin because government approval is the easiest way to increase the reputation so as soon as possible some countries are accepting the Bitcoin and this will going to moon.
hero member
Activity: 910
Merit: 509
November 08, 2018, 04:58:51 AM
#36
I believe 2019 will be the key year for the development of Bitcoin, altcoins and the cryptocurrency market as a whole. Recognition of cryptocurrency by the banking and financial communities, the infusion of institutional investors' funds will raise the crypto sphere to an absolutely new level.
I dare to suggest that by the end of 2019 the capitalization of the crypto market will reach 2 trillion US dollars.

It actually looks like a lot of development is already popping up and there would be a lot of decisions that will be made in the coming year, which in no doubt I believe will be good for the space entirely, and coupled with the fact that most financial institutions are now really looking forward to every means to be a part of this space.

I believe we will get to see the ushering in of more smart money into the space, which I so much believe they are here already and has been accumulating the dips the OTC way, best to not just miss out on the flight for a common man.
hero member
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November 08, 2018, 04:32:39 AM
#35
I hope that in 2019 more banks are going to support the cryptocurrency as we all know we need banks to process our digital money into fiats and vice versa more regulations will be imposed by each government regarding scam ICOs and digital tokens if this happens more industry will have interest on how blockchain technology will be very helpful in solving their current problems.
I suspect we will get to see more banks and financial institutions actually coming to show their support and then also trying to at least want to be a part of the space as much as they can. We all know the level at which a lot of them have been trying to see a way to be a part of things, coming up with different innovations, trying to be in the forefront, which I so much believe, they may have just been stashing up low key right from the onset.

However things would be though, I believe so much in the long term prospect of this space, and the fact that we will get to see this space grow more than it is now definitely.
legendary
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www.Crypto.Games: Multiple coins, multiple games
November 07, 2018, 11:51:11 PM
#34
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/
I really don't know what the price will be, I don't know what will happen to ethereum, I am not too sure how will nano survive from that fall. One thing I know is crypto companies are getting bigger and bigger each day. Coinbase out there offering women employees egg freezing options so they could keep on working now and get pregnant later in life, that much of hard work they need with now offices in Ireland and New York.

Mining company bitmain offering new equipment to everyone for different hashes, even AMD is offering crypto related products for people and focused on making a new ASIC product to help get the hash rate to electricity amount lower. There is really no way the world can see a decrease in number of crypto enterprises, there will be more and more investments and bigger players in crypto company world.
sr. member
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November 07, 2018, 08:55:27 PM
#33
With government policy compliance,security and regulated this could make this crypto industry a sustainable in the market for we have already know that some ICOs are scams then awareness and being knowledgeable about crypto could give a wiser investors of whom to choose from and some of the ICOs are filtered out and only the legit cryptos will survive and thus will bring the industry back to life.
sr. member
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November 07, 2018, 08:43:47 PM
#32
2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.

Well, there is a lot of good news circulating around but it seems that it has not taken its toll yet because the price is not reflecting what is happening in the market. There are no major news nowadays that's why there are no major movements and if you are one of those people who will rather move when others are taking slow then you will be rewarded in the future most likely when everyone is buying and you are already selling because your target profit has been reach.
member
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November 07, 2018, 07:17:34 PM
#31
2017 was the remarkable year in the industry and it will take a lot for another year  to get to that standard.  So no,  I don't think 2019 will be all that remarkable.  I am certain though that a few projects will hit the roof : MFChain for example, is one I believe has that ability.  There will also be coins that are not worth a farthing, and alot of them too.  The coming year calls for adequate and extensive understanding of any project,  we may see scam projects worse than we ever have.

Let me guess, you are an ico buyer of this shitcoin. Good luck with it.
member
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November 07, 2018, 07:13:57 PM
#30
People said the same thing at the start of 2018 and there have been high hopes for a lot of people. And we're aware now that what many expected didn't happen. Actually a lot lost money. We can't really tell for sure because we may end up like those that got rekt this year.

I for one am 100% unsurprised this year turned out like it has so far. You don't get a year like 2017 without paying a heavy price as a followup. I am very surprised it hasn't fallen further and harder.

My guess is 2019 won't be all that much to write home about. We may get some rises but they're not going to be all that eye catching. There are still absolute shitcoins with insanely high market caps that have no business doing so. Then again I've given up trying to apply logic to the whole thing.

I am also very surprised the price is as high as it is right now, I expect 2019 to be a very bearish year.
newbie
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November 07, 2018, 06:44:27 PM
#29
2017 was the remarkable year in the industry and it will take a lot for another year  to get to that standard.  So no,  I don't think 2019 will be all that remarkable.  I am certain though that a few projects will hit the roof : MFChain for example, is one I believe has that ability.  There will also be coins that are not worth a farthing, and alot of them too.  The coming year calls for adequate and extensive understanding of any project,  we may see scam projects worse than we ever have.
legendary
Activity: 1526
Merit: 1179
November 07, 2018, 06:27:36 PM
#28
2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.
Use the mass as a counter indicator. I have been doing that for a good while now and it seems to work fairly well. People need to lose hope and confidence will we see the market do something towards the north.

Too many people are still holding on to their coins waiting for something to happen, either because they bought in recently hoping to book a profit, or because they are deeply under water from last year's frenzy.

I think a proper shakeout will happen once we break through the main support people thought was impossible to break. It may sound harsh, but peculative markets don't have mercy for its participants.
legendary
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Welt Am Draht
November 07, 2018, 06:02:13 PM
#27
People said the same thing at the start of 2018 and there have been high hopes for a lot of people. And we're aware now that what many expected didn't happen. Actually a lot lost money. We can't really tell for sure because we may end up like those that got rekt this year.

I for one am 100% unsurprised this year turned out like it has so far. You don't get a year like 2017 without paying a heavy price as a followup. I am very surprised it hasn't fallen further and harder.

My guess is 2019 won't be all that much to write home about. We may get some rises but they're not going to be all that eye catching. There are still absolute shitcoins with insanely high market caps that have no business doing so. Then again I've given up trying to apply logic to the whole thing.
hero member
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November 07, 2018, 10:39:54 AM
#26
2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.

People said the same thing at the start of 2018 and there have been high hopes for a lot of people. And we're aware now that what many expected didn't happen. Actually a lot lost money. We can't really tell for sure because we may end up like those that got rekt this year.
full member
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November 07, 2018, 10:19:17 AM
#25
2019 is a year that makes many people curious, many say that in 2019 the price of bitcoin will recover. but this is still uncertain because so far there is no sign that the price of bitcoin will recover.
full member
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 07, 2018, 10:05:31 AM
#24
I don't think this is too important news. I agree 2019 is shaping up to be a potentially good year but BoA getting this patent isn't very important to that. It's an almost risk free investment for them, either crypto becomes huge and there'll be a demand for it or it doesn't and they haven't lost very much at all.
However you look at it, issues like this are pointers that positive developments are going on in the industry. Banks that big cannot just be overlooked by institutional investors. That they are indicating interest in patency related even to blockchain is a big deal talk more to cryptocurrency.
The fact remains that virtually all the big players are looking at who dives in first because quite a number of them have not quite gained the confidence neeeded. One of those features needed to boost their confidence is institutional custodianship from big players such as BoA, with that upcoming, the impact is anyone's guess.

I wouldn't have said it's negative news, and in fact agree with everything you've said. I just think that the significance of it is very limited. It may be an indication of strength to some investors but very few are going to be pushed from not investing to investing just based on this alone.
In market, something is in benefit for a specific group and rest is beneficial for the whole population. Bitcoin and the crypto market is suffering from this dilemma. Here everyone tries to get more and more but they don’t let other body take that chance out. We are always pulling each other’s leg. So investors have their own plans while we have to tackle them.

It's human nature to put your own interests over those of others, we are not biologically engineered to care about succession of anyone's genes except our own. I read in a book how we differ in this compared to other species, such as ants that have only 1 queen that produces their offspring. Therefore the success of the colony is key and all ants are related so success for one is success for all and you don't have the leg pulling you spoke of.
sr. member
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November 07, 2018, 08:53:06 AM
#23
With this news and other one that has come out of recent I think 2019 is going to be very interesting.  Many big investors are going to come into the market.  Institutional investors are the one that are really putting money and plan to put money in cryptocurrencies.

I hope 2019 will be good for crypto industry  expecting many investors and newbies showing interest in the industry.Few countries has approved digital currency and few places have bitcoin ATM machine as well this shows good response and expectations from the industry.
hero member
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November 07, 2018, 03:23:06 AM
#22
I don't think this is too important news. I agree 2019 is shaping up to be a potentially good year but BoA getting this patent isn't very important to that. It's an almost risk free investment for them, either crypto becomes huge and there'll be a demand for it or it doesn't and they haven't lost very much at all.
However you look at it, issues like this are pointers that positive developments are going on in the industry. Banks that big cannot just be overlooked by institutional investors. That they are indicating interest in patency related even to blockchain is a big deal talk more to cryptocurrency.
The fact remains that virtually all the big players are looking at who dives in first because quite a number of them have not quite gained the confidence neeeded. One of those features needed to boost their confidence is institutional custodianship from big players such as BoA, with that upcoming, the impact is anyone's guess.

I wouldn't have said it's negative news, and in fact agree with everything you've said. I just think that the significance of it is very limited. It may be an indication of strength to some investors but very few are going to be pushed from not investing to investing just based on this alone.
In market, something is in benefit for a specific group and rest is beneficial for the whole population. Bitcoin and the crypto market is suffering from this dilemma. Here everyone tries to get more and more but they don’t let other body take that chance out. We are always pulling each other’s leg. So investors have their own plans while we have to tackle them.
sr. member
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November 06, 2018, 02:22:40 PM
#21
With this news and other one that has come out of recent I think 2019 is going to be very interesting.  Many big investors are going to come into the market.  Institutional investors are the one that are really putting money and plan to put money in cryptocurrencies.
full member
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 06, 2018, 01:09:28 PM
#20
I don't think this is too important news. I agree 2019 is shaping up to be a potentially good year but BoA getting this patent isn't very important to that. It's an almost risk free investment for them, either crypto becomes huge and there'll be a demand for it or it doesn't and they haven't lost very much at all.
However you look at it, issues like this are pointers that positive developments are going on in the industry. Banks that big cannot just be overlooked by institutional investors. That they are indicating interest in patency related even to blockchain is a big deal talk more to cryptocurrency.
The fact remains that virtually all the big players are looking at who dives in first because quite a number of them have not quite gained the confidence neeeded. One of those features needed to boost their confidence is institutional custodianship from big players such as BoA, with that upcoming, the impact is anyone's guess.

I wouldn't have said it's negative news, and in fact agree with everything you've said. I just think that the significance of it is very limited. It may be an indication of strength to some investors but very few are going to be pushed from not investing to investing just based on this alone.
sr. member
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November 06, 2018, 08:35:26 AM
#19
I hope that in 2019 more banks are going to support the cryptocurrency as we all know we need banks to process our digital money into fiats and vice versa more regulations will be imposed by each government regarding scam ICOs and digital tokens if this happens more industry will have interest on how blockchain technology will be very helpful in solving their current problems.
Well, even though, I have never really been a big fan of trying to imagine what a year would be like and I always like to take every development as it comes, knowing they will come in the long run anyway, considering this is a growing space which would eventually grow more than this, i cannot still help to use now to judge the possibilities of some pretty good decisions being made in coming years, with 2019 possibly ushering them in, which would probably be leading us to the level of mainstream adoption. I guess we will just have to wait and see anyway.
hero member
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November 06, 2018, 01:40:06 AM
#18
I hope that in 2019 more banks are going to support the cryptocurrency as we all know we need banks to process our digital money into fiats and vice versa more regulations will be imposed by each government regarding scam ICOs and digital tokens if this happens more industry will have interest on how blockchain technology will be very helpful in solving their current problems.
member
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November 06, 2018, 01:01:29 AM
#17
I believe 2019 will be the key year for the development of Bitcoin, altcoins and the cryptocurrency market as a whole. Recognition of cryptocurrency by the banking and financial communities, the infusion of institutional investors' funds will raise the crypto sphere to an absolutely new level.
I dare to suggest that by the end of 2019 the capitalization of the crypto market will reach 2 trillion US dollars.
legendary
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November 05, 2018, 08:18:21 PM
#16
though I'd give it that as more and more institutional investors flock this market, the more chances there are for the market to boom.
Institutions are smart players. They can simply choose to softly support the spot market but go big on Bitcoin on the OTC market, which in no shape or form affects the spot market.

Bitcoin's spot market is too thin to buy into for institutions, and there are no financial products offering long term exposure they can buy into yet. An ETF would be great for that, but we all know that the SEC has other plans.

The only interesting part of the article is that it might help legacy banks to provide custodial services, which from there might stimulate them to create their own financial products based on Bitcoin.
legendary
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Welt Am Draht
November 05, 2018, 06:57:02 PM
#15
Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

Many, many patents are defensive or speculative and even more never see the light of day. Airbus and Boeing probably have patents for dining while travelling through wormholes. I'll bet most banks have similar stuff if you dig around.
legendary
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November 05, 2018, 06:42:37 PM
#14
I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

bank of america has filed more than 50 patent applications covering all different sorts of cases. who knows if they even intend to act on this patent? they haven't exactly done anything with the other dozens that are collecting dust.

some people argue that BOA's patents "were filed to attract press coverage and make the bank appear progressive in the fintech space".

so that's one consideration to make before hyping this too much.
legendary
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Cashback 15%
November 05, 2018, 04:45:31 PM
#13
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

I don't think that the Bank of America securing a patent on a supposedly open-source thing would help turn things around come 2019, They literally just invented an early warning system if the key storing device was accessed by an unknown entity. It doesn't even sound promising to say the least knowing that securing a private key is already an essential part of working with cryptocurrencies, though I'd give it that as more and more institutional investors flock this market, the more chances there are for the market to boom.
hero member
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November 05, 2018, 03:28:58 PM
#12
Bro it is just a patent of a company (BOC is just a private company), meaning only their customers can soon avail it as they are the only ones who are allowed to use that technology. I don't know if that could act as a catalyst as it is only affecting their customers which is not that a lot. And another point is if this is a catalyst BTC should be rallying upwards by now after this news went out which didn't happen. Let us not hope to high and jump to conclusions as it might affect your trades in the future.
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If there's something to be written...
November 05, 2018, 02:16:42 PM
#11
I don't think this is too important news. I agree 2019 is shaping up to be a potentially good year but BoA getting this patent isn't very important to that. It's an almost risk free investment for them, either crypto becomes huge and there'll be a demand for it or it doesn't and they haven't lost very much at all.
However you look at it, issues like this are pointers that positive developments are going on in the industry. Banks that big cannot just be overlooked by institutional investors. That they are indicating interest in patency related even to blockchain is a big deal talk more to cryptocurrency.
The fact remains that virtually all the big players are looking at who dives in first because quite a number of them have not quite gained the confidence neeeded. One of those features needed to boost their confidence is institutional custodianship from big players such as BoA, with that upcoming, the impact is anyone's guess.
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November 05, 2018, 10:17:27 AM
#10
As a matter of fact, 2019 will be an amazing year for cryptocurrency enthusiast seeing what the 2018 has brought so far. For those who are at variance with speculations and predictions need to have a rethink or they will all miss out. This industry will experience unusual bull again by 2019. 
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November 05, 2018, 10:05:38 AM
#9
I don't think this is too important news. I agree 2019 is shaping up to be a potentially good year but BoA getting this patent isn't very important to that. It's an almost risk free investment for them, either crypto becomes huge and there'll be a demand for it or it doesn't and they haven't lost very much at all.
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November 05, 2018, 09:43:45 AM
#8

2018 still is a remarkable year for crypto. The price didn't go less than $5000 which I think the support are much strong and we can see it today the price is bouncing back up. 2019 will also be remarkable knowing there are new tokens and projects created even in this bear market. The blockchain developers are increasing in numbers adding up the marketcap of the cryptos, 2019 will be great.
legendary
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November 05, 2018, 09:36:45 AM
#7
Well, every year since I properly smashed my face into bitcoin in 2016 has been a remarkable year, really. Sure, the price rollercoaster since was memorable, even if I didn't profit from it.

But everything else? The ways we've transformed how we view and use money. The movements, both social and political, even economic, inspired by Bitcoin. The individuals and the collective. The incredible pace of development, Segwit, now Lightning Network. So exciting to see bitcoin use all this. And those never ending challenges from external factors? The hyped up civil war, the crackdowns from states, the multiple threats from every other coin, and seeing how Bitcoin continues to face them down confidently? Those are every bit as remarkable, if not much more so, than price.
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November 05, 2018, 09:09:44 AM
#6
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year.

The high expectations were created by the analysts and at the time did not provide bases to support the predictions that they made, but as they had already hit on some prediction, the people gave a vote of confidence to the analysts and in the end they were disappointed
 
I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

I am of the opinion that this news is just another news and it will not make a big impact on the price in the future.
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November 05, 2018, 07:17:35 AM
#5
It seems to me that the growth of the crypto-market will be much more affected by the arrival of new money from institutional investors. Regulators from developed countries can have even more influence on the crypto market. It is possible that in 2019 laws or rules will be developed to regulate cryptocurrency that will be loyal to investors and new ICO projects. In this case, we have a chance to see a new round of growth in the price of all cryptocurrency in 2019. But, unfortunately, I personally do not really believe in it.
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November 05, 2018, 07:04:49 AM
#4
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

Im not so sure about this thing with bank of America. I think its just a
patent on another banking service which may not necessarily pertain
to Bitcoin or any other decentralised crypto IMO.
newbie
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November 05, 2018, 06:31:13 AM
#3
I agree, in fact 2018 has been great for Bitcoin, the price might not reflect it, but the stability of the market has been very impressive. We've hovered between $6000 - $6500 for some time now, this tells me that there is a real core market investment that is holding firm and this includes many stable businesses that deal with Bitcoin on a day-to-day basis. Onwards and upwards from here, 2019 should be a good year for Bitcoin, and with the lightning network just round the corner, things should get very exciting.
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November 05, 2018, 06:07:53 AM
#3
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

I really hope so, and also for many manipulators that are waiting for us small fry traders to leave the market wouldn't continue on doing that since we have no plans to leave the market.
They can get you desperate they can make it where you want to leave, don't think that's what's going on currently because if that was the case we might be at a less than $2000 market. This is more of a corrected market.
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November 05, 2018, 06:04:35 AM
#2
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/

I really hope so, and also for many manipulators that are waiting for us small fry traders to leave the market wouldn't continue on doing that since we have no plans to leave the market.
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November 05, 2018, 05:57:48 AM
#1
It seems that all the variables nesessary to have a great year has been put in place. Yet the expected surge in the price of Bitcoin isn't happening this year. I think the recent move by Bank of America will act as an important catalyst in what we shall see in 2019. Who else thinks this is bigger than Coinbase and BitGo put together? https://cryptoinfowatch.com/bank-of-america-secures-patent-to-safeguard-cryptocurrency-private-keys/
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