6 Crypto Predictions for 2019
Like every year, I play a wizard. Many of the bold predictions I had a year ago actually materialized. This year again I look into my crystal ball in Stuttgart/Germany to make 6 bold, non-intuitive predictions. Let's see what could happen in the coming year. I wonder how many of those will materialize.
Here my predictions for 2018 that I refer to in the film:
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E-Book: https://www.amazon.com/Ready-Set-Special-Entrepreneurs-Professionals-ebook/dp/B078WZXJDW/
Hardcover: https://www.amazon.com/Ready-Set-Go-Nick-Nanton/dp/0999171402/
Get free chapter of my upcoming book about billionaire thinking: http://TheBillionDollarSecret.com
VIDEO TRANSCRIPTION
Hi! Today from Stuttgart in Germany. Today I will tell you my predictions for 2019. See you in the next part of this video.
[Music]
My predictions for 2019.
Let's start with going through my predictions for 2018 that I had a year ago, that I published on 1st of January 2018.
I've predicted that we will have a bear market for several months, maybe for 2 years.
And since then it turned out. The dip we had at the end of the year turned it in to a bear market.
And for one year we have been having a bear market and we are still in the bear market.
So, this one prediction went ok. I had 5 predictions and I sad "This is not a financial advise. This is just a game. I'm not your financial advisor"
"And I would be happy if 2-3 predictions of the once I had would realize".
So, the first prediction was right.
The second prediction I had was that we will see a price below $10,000. I remind you, we were like at $16,000 I guess, at the beginning of the year.
And I told you we will see the price below $10,000 and also above $100,000 on Bitcoin.
We have seen the first price and we still see prices below $10,000
And I have to remind you - at the time of my predictions people were wishing to have Bitcoin below $10,000
Everybody was saying "If Bitcoin was below $10,000 again, I would buy a lot of it".
Now we have Bitcoin at the time of recording below $4,000 and I don't see these people buying Bitcoin. I see them complaining about the death of Bitcoin
But we haven't seen Bitcoin above $100,000 - that's where I was wrong.
Another prediction that I had was that we will see the wealthiest person in the world coming from crypto. I was speculating it'd be Satoshi Nakamoto
If he is alive with over 1 milion Bitcoin but shortly after this prediction, Chris Larsen for short time became the wealthiest person on the planet.
And Chris Larsen is the main shareholder of Ripple.
Another prediction I had was that crypto will come in to mainstream and I defined it when Amazon and Ebay start accepting crypto as payments
Then we will define it as mainstream usage of cryptocurrencies. And as you know, Amazon haven't started to accept crypto yet
But there are some code snippets in Ebay sources that would indicate that Ebay is actually preparing to accept crypto.
We will see how it develops but let's say this prediction didn't materialize.
Another prediction I had was that if lightning network doesn't get deployed, another cryptocurrency will take Bitcoin's lead.
In respect to market cap. As you know, lightning network did get deployed. So, this prediction doesn't matter anymore.
So, we can skip that one.
And the las prediction I had was that central banks will start using Bitcoin as reserve currency in order to protect themselves in case dollar or euro fails.
Currencies that they usually use as reserve currencies.
Until now we don't know if they really started using crypto as reserve currencies but I think some of them did.
Let's look at the government of Venezuela or central bank of Venezuela. Let's look at the central bank of Iran.
These type of countries... or maybe North Korea... I think their central banks started buying Bitcoin as reserve currency and we'll see how it develops.
Maybe we will learn about that in later years.
Let's start now with predictions for 2019.
The first prediction I'll have is negative one. I predict we'll have a global economic crysis in 2019.
And it may be accompanied by inflation... high inflation. Maybe not hyper inflation yet but much higher inflation in dollar.
Maybe even in euro. So, this is my first prediction - global economic crysis maybe with high inflation in the main currencies.
The second prediction. What about the bear market? How long will the bear market last?
I think the halving will have impact on the bettering of the crypto market. So, we will have a run up of the price
In the expectation or before the halving in 2020. After halvening we will have a short drop and from then we will start seeing a bull market.
When this run-up starts? In the 2nd half of 2019 alrady or in the beginning of 2020? I can't say for sure but we will see this run up in the price. For sure.
So, the bear market will last maybe in the 2nd part of this year, maybe longer. This is my prediction.
And again! This is not a financial advise. I'm not your financial consultant. This is just my guesses about the future. Nobody can know the future.
But let's play this game again this year.
So, the next prediction. We will see the first STOs, which means security tokens offerings this year.
The first huge STOs we will see... maybe not in the regions of billions of dollars but certainly of hundreds of millions of dollars.
The first, so to say, IPOs on cryptocurrencies. The first companies going public not on a traditional stock exchanges.
They will be releasing tokens to represent their stocks.
The next predictions that I am bold to say here... I'm not sure if this happens this year but we may see this year tokens of huge companies
Like Facebook or like Amazon. Maybe even Apple. We will see if any of these 3 companies - these huge behemots. Or maybe Microsoft...
Will release their own currency, their own token. I would say Facebook has the most chance to do that but we will see.
Maybe some of these companies will try to play the crypto game this year. But of course they will wait till the market takes off
In order to take adventage of that. Now coming back to the central banks and their reserves.
I think we will see official statements of some central banks. Maybe of Iran or North Korea... maybe Venezuela. Maybe of some smaller independent countries.
That will say they will start building their reserves in Bitcoin as well. So, this is another prediction. It didn't materialize last year
Or at least we don't know if it materialized but I think in 2019 we will see some central banks will say "Yes, we make our reserves in Bitcoin as well".
And the next part will be about the bear market we are in. I predict 40% of top 100 coins in the market cap as we see today
Won't be in the top 100 in one year. So 40 out of 100 will be out of top 100. So, at least so many top projects will be affected by the bear market
And I don't say they'll fail completely or come out of existence in a long term. But in one year we'll see them drop out of top 100 in the Coinmarketcap
And the same with top 10. At least 3 of these projects will drop out of top 10. We will check that in a year.
So, these are my predictions for 2019. Let's play this game. I'm curious about your predictoins and ideas. How do you think the market will develop in 2019?
Write me this in the comments and let's discuss about that. If you liked this video, give me athumb up. If not, of course, thumb down.
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