In 2017, we saw a lot of changes in the Crypto market. Last year was Crypto's wake-up era, with a market value of less than $ 20bn, up to $ 600bn, or 30x within a single year.
Cryptocurrency led by Bitcoin began to be a constant news story in the mainstream media. Of course, there are both positive and negative currents. I can not deny that people started to pay attention to a lot. Making blogging technology is also known as well.
Even when writing this article. I confident that this year will be worth more than $ 800bn. It is the golden year of Crypto.
I have to say enough. Let's see what the predictions are better than what this year is likely to happen.
(1) Year of Infrastructure
Infrastructure i talk about a system that lets people create and run dApps on it, such as Ethereum.
Do not forget that dApps will be the Protocol, Marketplace, Exchange, or specialized app for businesses. All must be built on. Good infrastructure, it will work.
Let's see that there are Infrastructure projects. Which will be strong this year.
Projects that solve the Scaling problem.
Many people will agree that the Scaling problem is really great.
Ethereum itself is the most used system. I have many problems with the ICO from the game. CryptoKitties
Even though Ethereum is studying a scaling solution called Plasma (which is a child-chaining issue, each of the apps separates Blockchain into its own. Last but not least, ETH is Root-chain.) But it's not finished yet.
The result is that we have a new born ICO. To solve the problem Scaling by the main are two types together.
Create Layer-2 / Side-chain to help Ethereum in scale.
Create a new Blockchain that scale better than Ethereum.
2018 is the year of leadership in the smart contract platform. We will see that the ICO says that this solution. People buy parade. Price up to market.
But do not forget that. What they advertise The real thing may not match. Also , before going to the new ICO, do not forget the great projects that are already in the market.
Cross-chain projects
We have a lot of blocks. The problem is later.
If I create a smart contract on NEO then the other side will use ETH to handle the transmission anyway.
How to transfer Asset across the block?
It's a good place to start. Work together
These problems caused projects such as Wanchain, Ontology, Polkadot, Overledger, or even cross-trade. We see technologies such as Atomic swap or projects like NEX that generate Decentralized Exchange that can cross NEO and ETH.
DAG (Directed Acyclic Graph)
People are starting to get interested in DAG because of Scaling problems we see. People see DAG as both faster and cheaper than using Blockchain (in some cases it's free, like Nano and IOTA).
But the downside is it does not use a Smart contract. There is no global or lower security.
However, in 2018, we will see a lot of projects and ICOs that use DAGs (some of which have been converted to consensus for smart contracts). Examples we now see are Hashgraph, Hycon, IOTchain, Constellation, Orbs Network.
However, we should look at it. It is a new ICO that claims to be Blockchain 3.0 some day. We should see if he can do it. (See if the team has the ability. Is there a sample?
(2) Stable coin or coin with fixed value To get more attention.
Speaking of Stable coin, many people think of USDT (US dollar tether). We see that the concept of USDT is good. With a Crypto coin valued at $ 1 USD
Cryptocurrency vulnerability People like to say it is worth it to swing too much to be the currency that people actually use. The problem is that if we have a stable coin
At present, stable coin, such as USDT, is used in many ways.
Traded with BTC ETH and other medals, the Exchange does not need the real money (the big exchange does not pay Fiat, so it has the USDT on the pair)
Used to store value or money. For those who want to take profit, but do not want to withdraw money into the bank (because taxes?), We can transfer USDT from the Exchange to our own Crypto Wallet, which is worth it to hold the dollar.
In the future, we should see.
The shop will dare to accept it because it will be worth $ 1 USD or if the Thai version is 1 baht, so we do not have to withdraw it to Fiat for tax or VAT. pay
Use for financial services such as borrowing or financial transactions that do not need the risk of crippling the value of most Crypto coins. (Imagine being busted with a BTC for 10 years. Until then, the BTC price would be no one knows. I do not dare to let people borrow. The borrower does not dare to recover.
All this seems good. The problem is that the stable coin is currently in the USDT. It can not be trusted. It does not allow to check that every 1 USDT has $ 1 USD in real bank.
We are now seeing MarketDAO (DAI), DigiDAO (Gold Bullion DGX), Alchemint (Stable coin on the Chinese side), Havven , X8currency (with currency 7 currencies + gold), Thai Baht Digital (TBD at cash2coins of Thailand), etc.
** This year, the market has fallen sharply. People should see the importance of a stable coin.
(3) Security token is coming.
Security token is the medal we trade for speculative investment or monetization. Whether it is an ICO (a non-Utility token) or a coin representing real property such as gold, land, shares, etc. Think about if we include these assets in the Crypto market.
We should see the news from the US that the SEC wants to have these mediocre webcasts in their own right, which in turn means creating a Security Exchange.
I do not think that this is a good market for Crypto. In short i believe that it may have a negative impact on the market. But long term. It means that the state accepts to trade legally. This makes it possible for people to create a Security Token (without fear of being attacked later).
Meanwhile For coin shoppers Having a state to monitor and audit is a very good thing. We can confidently believe that the Security Token has a real asset. (Unlike the USDT that was not checked)
The trend Asset Tokenization or to convert the property into a coin Security Token to force me my future , but for 2018. i believe that the group will hit the first friends I was USD Shares or Equity-backed token that reason. Is
Most ICOs come from startups or businesses that need funding. However, since there is no legal basis for selling a partnership or dividends with coins. These companies have to sell utility token instead of to avoid legal problems. But if the state is legitimate. Is there a good company to sell stock and dividend ICO?
For stocks already sold in the stock market It can be converted into coins. This will allow investors from around the world to buy shares without borders. You do not have to go through brokers anymore. The liquidity has increased and capital flows into the stock market more. (Imagine we would buy America's stock through brokers from Thailand. How much does it cost?
In addition to the shares already i thought that the market would be the next Tokenized and the next big hit would be the Real Estate market and the Bond market.
So we should keep an eye on the project for Asset Tokenization or Security Token, such as Tzero, Polymath, Trusttoken, Bnktothefuture, Proof, Harbor, and so on.
(4) People will start learning. Decentralized Exchange and Coins Collection
We see many projects done. Decentralized Exchange (DEX), some of which work well, but why do not people use it now? DEX, such as IDEX or EtherDelta, is like the center of the ICO medal that is not in the Centralized Exchange. own This is not the first time I've seen this.
i believe that people will start looking at the DEX to change from the original. This change may start at the end of the year because what to see it.
ICO more but the Centralized Exchange back list more difficult
What most investors need after the ICO is to see the coin to invest up to the list on the Exchange.
Volume High trading volume is likely to push up the price of ICO medals at a hottest price.
Volume makes us have the flexibility in trading. In some cases, we buy ICO, but will not sell because it does not have a volume.
We can see that the popular trading site Binance now has a very high bargaining power. Now, how to get into the Binance list? I do not know about the value of the list because it is not fixed. Let's see now that the ICO project has completed the exchange of a large number of each other.
Regulation issue
There are many types of ICOs that are not listed in the list, so you will not have any problems with the Exchange.
ICO ICE Security Token
ICO Dividend
ICO does not do KYC
The ICO does not ban ICO countries.
We will not exchange the Exchange because he did not want to find any problems with the state already.
If people are used to using DEX !?
Now we may still see the phenomenon like DEX spoon and wait to release the coin into Binance because most people do not use DEX prices are sure to get a list.
These are not permanent. Because everyone does not want to lose the opportunity. I will start using DEX more and more. Which is the point. New projects do not have to be big Centralized Exchange anymore. You do not have to fear ICO small coins will not have a letter anymore.
We are just waiting for people to become accustomed to trading on the DEX until it has a high enough volume. After that no one else can come to our trading floor. At this point, the state will be flat Exchange does not affect the market much. Lol
** While writing this, Binance announced that it would do its own DEX. Which is very good. Binance does not have any problems with trading volumes like other DEXs because of the liquidity pool of their centralized exchange.
DEX makes people start collecting coins themselves.
For people who are on the ICO, it should be accustomed to collect coins on the wallet we hold a private key already, right? Imagine if trading on DEX is normal. We will not have to transfer the coin to the Centralized Exchange anymore.
This makes another trader. I do not want to lose the opportunity to buy a coin to make money to buy coins to trade on DEX, which i think is a very good trend. People start to learn how to care for themselves.
(5) The return of BTC and the hope of being a global currency again.
There are many friends who suspect that the number of dollars Alt is more and more like this. By the year 2017, bitcoin still has dominance of 80%. In 2018, we see dominance to the lowest of almost 30%, which may mean that this year. BTC may not be the number one medal anymore?
The first one is because people start looking at BTC is like digital gold alone. It is not expensive transfer it, it is used as a daily currency can not. If it costs more than the coffee.
i thought that BTC will be number one for a long time. The outside of the BTC will take dominance back to nature. There are two other things I think are positive for bitcoin. And it will make people hope to use the coin as currency is again.
Lighting Network
On March 16th, Lighting by Lighting Labs was officially launched on mainnet.
Lighting is a protocol that runs on Bitcoin blockchain, which allows us to transfer a cochlea to one another. I have been very well. Whether to buy coffee. Or use for micro payment is no longer a problem.
This protocol will open Payment channel between two banks. We do not need to Broadcast transaction to the network, while the channel is open, we will transfer anything to each other. Broadcast will occur after we closed the channel.
Most people will think that Cc cochlea is not much developed compared to Alt, but the lighting network may change the mind of many investors. And of course it. There are many Alt rights to it.
Bulletproofs
Bulletproofs will help us to have more privacy in our transaction. This privacy may not be the same as other privacy coin where the goal is to hide who is transferring it.
Here Bulletproofs will solve the problem of Confidential Transaction. Simply put, the trick is to send only people and people to recognize the amount. If we get a salary as the BTC. We do not want anyone to know that it is not.
Now, the Confidential Transaction requires a method called Rangeproof, which will make the transaction larger than normal. The Bulletproofs can be reduced to as much as 80%.
The result is that people will come back and hope for a bit more coins. Because it's getting ready for speed, fee, and privacy.
(6) People will turn to dApps more and more before it boom in 2019.
dApps will not hit Infrastructure this year.
To compare, we try to create apps like Facebook, Uber, Youtube 20 years ago when the Internet was slow. No App store like this.
Not with dApps at Infrastructure. It's not ready yet.
Meanwhile Investors have already begun to realize that the dApps coin growth ceiling is less than coin. Infrastruture, which may cause new ICO line dApps, may begin to reduce the hard cap to attract more investors.
But it does not mean that we start investing in dApps.
2018 will be the first year that dApps products will enter the market. This is an entry into the era of "testing" the official blogging technology.
I use the word "test" because we really do not know what the results will be. The dApps released this year will help us answer these questions.
Blockchain Infrastructure Will we be ready to use these apps?
Are these apps really usable? What is the response from the user?
Is the right solution? The problem is good.
That means that in 2018, the value of dApps projects may not yet reflect its usefulness. However, investors can appreciate that it will work, so these dApps are not just coin. The air is not working. And the value of the hope of investors alone anymore.
I believe that the end of 2018 will be the project. Infrastructure has become saturated , investors are turning to dApps projects that are likely to have a long way to go. So we will start filming now or the end of the year.
In my opinion, The dApps industry, such as Artificial Intelligence, Logistic & Supply Chain, IOT, and Finance, such as Wallet, Lending, are also expected. But the problem may be a lot of competition. Make a lot of similar So I have to choose it.
If we notice the industry above, we will find something in common that is. The "market size" of every industry has a huge market cap of $ Trillion, but it's hard to do. This is to emphasize that investors in the Crypto industry prefer to invest in projects with a large global scale. Although the chances of success are lower than the small ones that solve specific niche problems.
(7) Bull market surpasses $ 1 trillions.
From the beginning of the year now. Many people may think that this year, the BTC market is definitely down 60% from the peak or Alt to some 80% fall, but I still believes that this year. We have seen market penetration. $ 1 trillion
If we look at the short term, we may see bad news. Come together every day But if we look good. We see that there is a lot of movement behind it. Which is likely to be the market pressure. When the stroke is yes like
Positive regularity stance: The state begins to prepare. Crypto is a legitimate trading platform. Which is considered positive. Better than flat. Meanwhile Many countries will start using this approach. I do not want to follow other people.
Commercial adoption: The store began to pay attention to the Crypto acquisition, and at the same time. People who want to pay with coins are more (see the survey of the Square or from people who want to get a Debit card to withdraw cash. How many people would like to use this Crypto Asset?). This is a real adoption. This year, we should see the company to help solve the problem without paying out the cash will use. Cryptocurrency It is definitely high.
Institutional investors: Enough green light to invest Crypto, we will see the financial institutions will certainly come. We have seen a lot of product launches for institutional clients , or even big investors investing in Blockchain.
Closed
Short-term price is not a sign of the future of technology that will change the world as Blockchain.
I believe that the world we are headed for Decentralized economy So in the long run. This market is probably one of the largest in the world.
thx