@rkj123
7 months ago

What is your favorite positive crypto development from 2018?

Originally posted by Mike Dudas (@mdudas) on Twitter.

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Everyone will Tell 2018 has been a Disaster for Cryptocurrency and ICOs.

But I would say it's a fantastic year that has changed trend in market and the change will continue to be more Strict about ICOs.

People will not invest in ICOs without proper Prototype.


Advantages of 2018 Crypto Trend

1. Only the projects that had working Prototyes has been accepted by people around the world.

2. Projects with real world solutions are embraced ex : Endchain

3. No more ICO hype for Concept Projects.

4. Fall of BTC will lead to another Bull run for Good Projects in 2019


Reasons:

1. 94% of ICOs failed in 2017.

2. People lost confidence in concepts of Blockchain projects.

3. Development of FUD news due to Fall of BTC value.


Please Upvote if you feel my Answers HELP You


A lot of the projects that had no value got abandoned or didn't survive the bear market. Furthermore, even though the price action was horrible, the amount of development and infrastructure that was set up will make it so that we can slowly start recovering and get ready for adoption

2018 has had quite an unimpressive run within the crypto space with almost all coins careening down by at least 80% from their all-time highs. We closed last year with both November and December seeing the highest in crypto market growth rate; Bitcoin alone made a staggering $600 billion in Market Capitalization. Consequently, its price shot up to $20,000. Since similar trends were also seen with altcoins, the market players weren’t prepared for the plunge this year. While bears might interpret this as the end of cryptocurrency as we know it, nothing could be further from the truth.

I think that the best thing about crypto in 2018. was that a lot of bad projects got abandoned and everyone learned that you can't just write a 10-page whitepaper and a web site in order to earn millions from the ICO.

Definitely the software development aspect. 2018 was a year that produced many great cryptocurrency wallets, particularly on mobile. The 03 wallet and infinito wallet are great multichain wallets, with a nice interface and features. Also, an increase in the amount of stablecoins, which decrease the Tether risk.

The Boulton release of Nano is a major step forward for Cryptocurrencies.

For those who don't know what NANO is: it's a DAG with blockchain that secure wallet balance.

Being a DAG allow NANO to scale infinitely, reaching high tx/s.

The lazy bootstrapping allows to download the ledger very quickly. Another great improvement is the reduced resources usage, this way you can run a full node using a Raspberry Pi or a micropc.

1 comment

I think the most positive development from 2018 is the fact that the market has finally got rid of "tourists" - at least most of them. These are those who were only interested in the price rise of Bitcoin. I am of the opinion that the people currently involved are those who truly understand the true potential of the Crypto systems.

A lot of the projects that had no value got abandoned or didn't survive the bear market. Furthermore, even though the price action was horrible, the amount of development and infrastructure that was set up will make it so that we can slowly start recovering and get ready for adoption. So I think this is best time to invest in Crypto market before bull run

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My favorite 2018 development was that BUIDL Crypto didn't care much about Bear/REKT Crypto and kept growing!