The fact that the crypto market – at least from the perspective of a knight of fortune – has also seen better times is probably not disputed by anyone.
But whether he is really in a Bitcoin secret crisis that goes beyond a „bear market“ is debatable
Bitcoin secret and Stellar co-founder Jed McCaleb finds it silly to talk about Bitcoin secret. McCaleb told Yahoo Finance:
„It’s funny when people say crypto is down. In my opinion [the crypto market] is still very high. It’s down from the top, but by and large it’s still all the way up there. We don’t focus so much on the course, we don’t care.“
McCaleb complains that over 90 percent of the projects are bullshit. Especially Tron is a red cloth for him:
„Ninety percent of these projects are B.S. I’m looking forward to that changing. Things like Tron are just garbage. But people throw in tons of money, these creations that simply don’t work technically.“
UPS: Blockchain won’t tear anything yet in 2019
The blockchain technology has not yet been able to lure the UPS behind the kiln. Chief Engineering Officer Juan Perez also sees 2019 as the year in which UPS will continue to develop:
„I don’t expect any significant benefits in 2019, especially because the technology itself is evolving and maturing…it requires many parties to come to the table to participate and evaluate the technology,
Perez told the Wall Street Journal.
MIT: 2019 will be boring in the best sense:
The MIT Technology Review, however, has a completely different ring to it. After the blockchain hype, the associated bull run on the crypto markets and the dramatic price slump of 2018, 2019 will be the year in which the blockchain begins to become normal:
„In 2018 it was a disappointment. In 2019 it will become everyday“,
author Mike Orcutt is optimistic. This optimism is based on the efforts of numerous major corporations such as Walmart to harness the benefits of blockchain technology. Further indicators for a normalization of Blockchain, Bitcoin & Co. are the planned OTC Trading Desk for Bitcoin from Fidelity. In addition, there are an increasing number of „real“ applications for Smart Contracts. The fact that more and more central banks are exploring the possibilities of blockchain will also play its part in making „blockchain“ lose its exoticism in 2019 – and become „boring“ in the best sense of the word.