Despite growing pressure, Fred Wilson believes that 2019 will be the year of cryptocrossing and smart contracts.
Entering the new year, businessman Fred Wilson believes that the cryptographic market will enter a new upward trend in 2019.
Wilson, an early investor on Twitter and Tumblr, wrote the forecast for 2019 in his blog.
First, Wilson estimates that the US will have a new president by the end of 2019 and that the S & P 500 will reach 2,000. Cryptoparas will be entering the upward trend in 2019, he added, but a large part of the year will be spent trying to find the bottom for cryptopsia.
Için I hope we'll see some upturn, then we'll see sales pressure to retest. I think that this process of expiring will end in 2019 and we will gradually enter a new stage of the crypto. "
How will this çık rise phase ortaya emerge? Wilson, 2019 will be fulfilled many promises made in 2017, especially Wilbig name projectsEth and will rival Ethereum new generation intelligent contract platforms thinks it will be the year to start.
Also, from the open source community of Ethereum AyrıcaIn 2019, he brought important developments to his system and defended his leadership in the field of smart contracting.Iyor expects and will be kr significant advances ”for stable coins, crypto assets and games.
On the other hand, he also thinks that the crypto sector will suffer pressure from regulators and counterfeit programs:
Ler The area I'm most interested in is the actions of misguided regulators that will target high-quality projects and harm them. We will continue to see any failure caused by frauds, unsuccessful projects and loss of investments başar
Ir This is the case for all emerging technologies. Unauthorized innovation is the most profitable in time, but it also comes with inevitable bad players and actions iz
As a result, Wilson thinks that there will be a year when the uptrend will resume, even though there are fluctuations in 2019. He believes regulations and fraudulent projects are an obstacle, but he believes he will overcome them.
Source: cryptonewsreview