Top 5 Crypto Trends for 2019 - You can't miss out

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2019 will be a big turning point for cryptocurrencies, with a lot of deliverables on the horizon. Here are the top 5 crypto trends of 2019, the big events that will rock the crypto space and dominate....

2019 will be a big turning point for cryptocurrencies, with a lot of deliverables on the horizon. Here are the top 5 crypto trends of 2019, the big events that will rock the crypto space and dominate. 👍🏻Subscribe to Boxmining for Daily CryptoNews and Altcoin explainers: https://www.youtube.com/c/boxmining 👑Recommended Exchange - Binance: https://goo.gl/joe55C 🔒Hardware Wallet: https://www.ledgerwallet.com/r/428b 📲Mobile Wallet: https://enjinwallet.io/ Brave Browser: https://brave.com/box831 #Bitcoin #Ethereum #Cryptocurrency #Crypto #Altcoins ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Telegram groups: Telegram Discussion Group: https://t.me/boxminingChannel Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ♨️Social: Steemit: https://steemit.com/@boxmining Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

AI Analysis

In this video, we dive into the top 5 cryptocurrency trends poised to shape 2019, drawing from real-world experience at conferences and a deep understanding of the crypto space. It's a personal list of key developments that will truly matter, offering insights into what to expect as the industry matures and evolves beyond its nascent stages. The focus is on fundamental shifts and technological advancements that address current limitations and pave the way for wider adoption.

Here's a breakdown of the top trends that were highlighted:

* Decentralized Exchanges (DEXs) – Trend #5:
* The demand for DEXs has been high, and 2019 is finally seeing significant platforms come online.
* The primary appeal of DEXs is that users maintain full control over their own funds, directly using their hardware wallets or private keys, unlike centralized exchanges (like Binance or Coinbase) where the exchange holds your assets. This shifts control back to the user.
* Currently, DEXs like IDEX exist but are often difficult to use.
* In 2019, expect to see more user-friendly and robust DEXs emerge, such as the Next platform, Onneo, Binance's own decentralized exchange, and projects like Resistance. The increasing competition in this space is seen as highly beneficial, bringing in experienced builders to create better products.
* Despite their importance, DEXs are ranked at number five due to lingering fundamental challenges, specifically managing customer support and maintaining high liquidity, which are crucial for a smooth trading experience.

* Institutional Money – Trend #4:
* While many anticipate institutional money to be a massive catalyst, it's ranked lower due to a more cautious outlook.
* Significant progress has been made with products like Bakkt, launched by the New York Stock Exchange operators, which brings a lot of legitimacy and traditional financial connections.
* Major crypto entities like Coinbase and various funds are also building out institutional and custody solutions, creating the necessary infrastructure for big players to enter.
* However, the sentiment is that large funds will approach crypto very cautiously. They recognize the "craziness and shenanigans" within the space and are likely to send in "testers" first, observing how things unfold before gradually committing significant capital. It's like leading a horse to water; you can't force it to drink immediately.

* Security Token Offerings (STOs) – Trend #3:
* Many are calling 2019 "the year of STOs" as they offer a solution to many of the issues faced by initial coin offerings (ICOs).
* STOs allow companies to issue tokens that directly represent actual equity or percentages of profits, clearly defining the token's utility and value. This eliminates the need to create a new, often artificial, token economy, as the token's profitability is tied to the company's success.
* The STO space is seeing a massive influx of interest, with the "fast money" from the declining ICO market shifting over. A quick search on LinkedIn for "#STO" reveals tens of thousands of results for advisors, exchanges, and capital raising efforts.
* Despite the excitement, STOs face substantial regulatory hurdles. There's currently a lack of established STO exchanges, and compliance across multiple jurisdictions (like the US and EU) is incredibly complex.
* A significant limitation, particularly in the US, is that STOs often fall under regulations (like Reg D exemption) that restrict sales to "accredited investors," meaning individuals with a net worth over a million dollars. This fundamentally prevents everyday people from participating, unlike the mass appeal of ICOs.
* Furthermore, some countries, like China, have outright banned STOs, and the space is still susceptible to "scammy STOs," requiring vigilance.

* Gaming – Trend #2:
* The gaming sector in crypto has seen interesting, yet challenging, developments. While Crypto Kitties notably sold $12 million worth of digital cats, it failed to retain a substantial player base, with daily active users dropping below a thousand. This highlighted a key issue: early crypto games focused too much on monetary gain rather than fun.
* In 2019, the gaming space is expected to move beyond this "pure Crypto Kitties model." The focus will shift towards creating genuinely fun games that happen to integrate blockchain technology.
* Many projects are now directly integrating with popular game engines like Unity, which means developers can easily plug blockchain functionalities into games for platforms like PlayStation, PC, and mobile.
* The first half of the year will likely involve a lot of "trial and error" and potential failures as developers figure out the right formula. However, the second half is anticipated to see a "winning formula" emerge, potentially bringing masses of gamers into the crypto gaming experience.
* Blockchain-based gaming platforms, like Player (which the presenter advises), are working on integrating e-sports with micro-rewards for players, streamers, and coaches. This micro-payment model is seen as highly advantageous in gaming, as it bypasses the high fees associated with traditional credit cards and withdrawals.

* Lightning Network and Layer 2 Scaling Solutions – Trend #1:
* This is considered the most exciting and crucial trend. The fundamental problem is that current blockchain networks like Bitcoin (around 7 transactions per second) and Ethereum (around 15 transactions per second) simply don't scale for mass adoption, leading to congestion during high demand.
* The Lightning Network, a layer-two solution for Bitcoin, has seen significant growth in nodes and capacity. It enables instantaneous Bitcoin transfers with virtually no fees.
* While it's not yet widely popular or easy to use, 2019 is expected to bring a surge in mobile wallets and applications supporting Lightning. The biggest driver will be exchanges enabling withdrawals directly to the Lightning Network, allowing users to interact with various services.
* Currently, some early adopters include online casinos, which benefit from the ability to process "micropayments" (gambling with cents), something impossible with standard Bitcoin transaction fees. The hope is that Lightning will evolve beyond just gambling to become a primary "active wallet" for everyday use.
* Beyond Bitcoin, Ethereum is also advancing with its own layer-two scaling solution, Plasma, with proof-of-concept expected early in the year.
* These scaling solutions are vital steps to truly prepare cryptocurrencies for widespread usage, making transactions fast, cheap, and accessible for everyone. This represents a significant leap forward in addressing one of crypto's most pressing challenges.

Transcript

Yo, what's up everyone and welcome back to BoxMining. So today's episode is going to be all about the top trends of 2019. So this ain't just going to be about one particular coin. This will be about the stuff that really matters. The major trends, 2019 will be the year of X. I want to say this is my personal list of what I am interested in. And I backed up with a lot of the reasons behind why, some facts, and also a lot of experience I got from conferences this year. So I hope you really enjoy ...

Yo, what's up everyone and welcome back to BoxMining. So today's episode is going to be all about the top trends of 2019. So this ain't just going to be about one particular coin. This will be about the stuff that really matters. The major trends, 2019 will be the year of X. I want to say this is my personal list of what I am interested in. And I backed up with a lot of the reasons behind why, some facts, and also a lot of experience I got from conferences this year. So I hope you really enjoy it. Let's go. Starting off with number five, it's decentralized exchanges. We've been asking for decentralized exchanges the whole of 2018 and 2019. We'll finally see some big decentralized exchanges come online. The reason why we want them is because with a decentralized exchange, we keep our own funds. So we can use them directly with say your ledger or with your own private keys. So you hold the funds yourself. And this is a big difference from what we have right now. Because if you send your funds to Binance, KuCoin, or even Coinbase, they hold the funds for you. And they can technically, well, realistically do whatever the hell they want with that. Now as long as you're just hanging there, pay attention. The only rules that really matter are these. What a man can do, and what a man can't do. With decentralized exchanges, you take the control back to the users. And then what we need is decentralized exchanges that have fast order matching. So taking a look at the DEXs, we already have something like IDEX right now this year. But it's really, really hard to use. Next year, we'll have some crazy stuff like the Next platform, the Onneo. We also have Binance coming through with their decentralized exchange. Ivan's also been talking about resistance a lot. So a lot of competition in that decentralized exchange space is really good. Having a lot of very experienced people who build good products, that's invaluable to come into that space. Why is it at number five? Why isn't it at number one for me? Well, I think it's because right now as it stands, there's still a few fundamental problems with decentralized exchanges. For example, how do you even manage customer support? And how do you kind of manage this high liquidity that we see? Number four, institutional money. Man, a lot of people are going to probably hate me for this, putting this at number four. But institutional money has been something that's really, really pushed this year. We have products like Bakkt being launched and it's done by the guys who ran New York Stock Exchange. A lot of legitimacy and a lot of connections with traditional funds bring that in. We also have figures like Coinbase and pretty much every other fund offering institutional solutions or custody solutions. And all of these are being built up right now. So why is it on number four on my list? Well, that's because you can kind of lead a horse to water, but you can't make a horse drink. The big, big funds, they'll probably be very cautious coming in. They see that there's a lot of craziness and shenanigans in crypto. So they'll probably gradually kind of let the first kind of testers try it out, see how it goes, and then gradually move on and onwards. So that's why it's number four on my list right now. Security token offerings or STOs. When a lot of people have been calling 2019 the year of the STOs. And that's because, well, STOs solve a lot of the issues that were happening in the ICO space. Namely, what is the token used for? STOs allow companies that can issue STOs to directly give even percentages of their profits, have their actual equity into and pack it into a security token. And it fixes the problem that we have where we don't need to create a new token economy. As long as the company does well and can generate profits, then that's going to be a profitable token. And many others see it as a way to bring back the ICO market. Right now we see this huge decline in ICO funding raised and kind of the collapse of the ICO market. And fast money needs to come back somehow, right? So what we see right now is the ICO space flooding to the STO space. Just go on LinkedIn, search hashtag STO and you'll see ambassadors for STO exchanges, STO capital raising and preparation. ICO, sorry, STO advisors coming in. 85K results for that. So then if it's so big, why is it number three on my list? And that's because STOs have a lot of regulatory hurdles they need to overcome. So right now, as it stands, if you want to trade an STO, have fun listing on an STO exchange because there is none. If you want people from the United States, from European Union all trading with each other, that's going to be two regulations that you have to comply with together. And that's going to be absolute insanity. So this is why I feel like right now STOs as a stance to get that kind of crossing that barrier into regulatory compliance. And even the fact that the security token, if you want to sell it right now and you want to apply for a Reg D exemption, you can only sell it to accredited investors. Can you buy an STO? Can I buy one? Yeah. Are you accredited in the US? Oh, that means you have to have a million dollars. Yeah. Man, fuck that. Man, I can't have a million dollars. I'm like everybody else. I'm like on the ground, dude. Like. So it isn't going to be like this whole ICO craze. The fact that if they are a security, they will be regulated as such. Countries like China have said, nope, bye-bye, no to security token offerings. And also lots of scammy STOs are going to happen too. So just be on the watch out for that. Number two, gaming. So this year I've been looking at a lot of gaming projects and we've seen something pretty amazing, which is Crypto Kitties. Crypto Kitties pretty much sold 12 million dollars worth of Kitties as a demo game. But the unfortunate part of Crypto Kitties is that it didn't manage to keep and retain a lot of players for the long run. If you look at daily active users for Crypto Kitties, it kind of is below a thousand daily active users right now. So that's not too good. So what can happen in 2019? Well, 2019, I feel like the gaming space would move away from a Pure Crypto Kitties model where it's very oriented towards kind of getting players to make money. We need to have fun in gaming and it will take for the whole 2019 for gamers and developers to really realize, okay, what kind of formula works for this space? Once we branch beyond collectible clip art, then that's when things get very interesting. What we see is a lot of projects are directly integrating with game engines. So like engine is integrating with something like unity, which developers use all the time to develop new video games. So this will be directly pluggable into software that's running, for example, on PlayStation, on PC, onto mobile. It'll take the better half the first half of a year to make projects that work. So what I feel that it's like there's going to be a lot of trial and error, a lot of failure for the first half of the year. But in the second half or the third half, once we have a winning formula, that's when people and a lot of masses of gamers can come in and just experience crypto gaming for the first time. We also have gaming platforms. So, you know, I've been advising player, the gaming platform and something that they're doing is rewarding and doing e-sports on the blockchain and building that into a whole ecosystem where e-sports competitors can start streaming, earning micro rewards and start teaching people how to play as well. I see this micro payment method to be very successful in the gaming space because right now, as it stands, the fees for credit cards and even the fees for withdrawal are just way too high. Number one, lightning network and layer two scaling solutions. So this year, pretty much we realized, oh crap, Bitcoin doesn't scale. Bitcoin has like seven transactions per second and Ethereum is not very much better with 15. So at times of network congestion, when the fever and the masses come, well, we weren't exactly prepared for it. And we need a way to scale Bitcoin and Ethereum and every other cryptocurrency. Right now, there's a lot of talk about scaling solutions. And we've seen on a chart right here, we've seen the growth of the lightning network. So we have 200, 2000 rather, and 29 nodes. We have 524 capacity for the network. So once you start joining this, you can have instantaneous transfers of Bitcoin for pretty much next to no fees. Right now, it's not very popular. So right now, a lot of people are saying, oh, lightning is never going to come, right? Because there's no easy way to use it. But what we see and what we'll see next year is that coming soon, there will be a lot of mobile wallets that do support lightning network. There will also be a lot more applications that support it. And I think the biggest mover right now will be exchanges. If you can withdraw onto the lightning network from exchanges and start going to different services, that's going to be amazing. Right now, in terms of the main nets and testing, a lot of the casinos are there because you can send micropayments. You can gamble with a cent or two cent, which is something that you can't even do on Bitcoin right now. Your transaction fees will be too high for that. But, you know, eventually, I think it will be beyond just kind of gambling platforms. You really want something that's a lot more than that. For the people using lightning and kind of treating lightning as their active wallet. Right now we have Ethereum coming in with Plasma as well with the proof of concept coming in early this year. So, yeah, lots of layer two solutions coming in and people getting familiar with that in 2019. And then we'll finally be prepared for people actually using crypto. So definitely something to be excited for. Now that is my list for the top trends of 2019. And of course, it is quite an opinionated list. And I want to hear what you guys think about this list and the topics discussed. Do you think there's anything that is extra to be added? Do you think I placed a few of the items a little bit too low on the list? Hit me up on the comment section below about what you think. If you guys like this video and it helped you figure out what the hell is going to go on in crypto for 2019. Smash up the like button as well. And also, if you haven't subscribed to my channel yet. What are you waiting for? Smash up that subscribe button and it really helps my channel grow. And for me to produce even better content for you. Thank you guys so much for watching. See you next time.