You are viewing a single comment's thread from:

RE: 2019 will be the year that crypto makes a come-back - Bakkt, Fidelity, ETF, Regulations, and more - All the stars are lining up

in #cryptocurrency6 years ago

Great write-up, the only thing I would disagree is the effect BTC halving will have on price. Using theory of efficient markets, it should already be priced in. The same could be said of ETH Constantinople/shift to PoS, but it is a little more unclear, as no-one fully knows what to expect from this as its a brand new change...

Sort:  

Maybe you're right that the market ought to price these things in, yet I am not sure there is enough maturity in the market yet in order to be efficient enough. A lot of unknowing investors and lack of certainty means that fewer people are anticipating into the future.

As for ETH's shift, it is likely that it won't make much of an impact. Last time when they reduced the ETH issuance from 5 to 3 it didn't do amazing wonders either.

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 98477.90
ETH 3327.94
USDT 1.00
SBD 3.07