by Livio Oggero, Web Marketing Manager at Yookye
The future can only be predicted, unless you have a “magic sphere” to really see what will happen, to behave accordingly. But in our world we can only make predictions, and also for the Bitcoin and correlates it’s time to make a first analysis to see what will be the most likely scenario, certainly influenced by the decisions that are being taken in the current present.
Let’s try to think about what the trends for 2018 will be, starting from Bitcoin: a new injection of confidence has been tracing the market in recent weeks as logical consequence of the short squeeze or of the interest in the world of crypto currencies by big names in the world market, but they move cautiously, still fresh from a first quarter of 2018 in which about $ 500 billion of total market value has been “burnt”.
Institutions and banks, which seem to marry a wait-and-see philosophy, are not yet very fast. Two examples: the G20 nations will speak about it in July, while the EU regulations and the declarations in favor of the blockchain in the US will be announced in 2019.
In the meantime, however, we move: continue the ICOs even if lately there has been a contraction in the achievement of the hard cap, if we look at the first quarter 2018, in which only 48% of the projects achieved at least 10% of the fixed hard cap.
If on one hand it was hard to find funds for projects, on the other there was a “natural selection” that raised the bar. Scammer projects are wiped out; 2018 seems to be a year in which the promotion will be channeled to other tracks: Facebook, Twitter and Google will not allow advertising on cryptocurrencies and blockchain anymore and as consequence, forums, blogs, new social media and specialized portals will reinforce.
Crypto currencies become strong with time and reputation. Those that will become strong and stable will be the basis of this new economy. How long? We do not know: the future can only be foreseen, not knowing …
