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What to Expect in 2019: BTC, BAT, and Steem - Global Coin Report
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What to Expect in 2019: BTC, BAT, and Steem

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There are only a few weeks of 2018 left, and considering how bearish and crypto-unfriendly this year was, a lot of investors will likely be pleased to see it gone. Many believe that 2019 will be the year that will correct BTC prices and bring forth the period of great recovery.

But what does that mean for digital currencies? Which ones are a good investment right now? This is something that we will, hopefully, be able to answer right now. Here are the top 3 coins that everyone should keep an eye on in 2019.

1. Bitcoin (BTC)

Of course, we have to start with Bitcoin, the first and largest cryptocurrency. Bitcoin has lost a lot in 2018, and its losses are unparalleled by any other coin. In fact, in terms of market cap, Bitcoin has lost as much as the rest of the crypto market put together.

Many believe that its rapid growth, which started in late 2017 and has brought it to its all-time high, is responsible. That the bearish 2018 was only a one large price correction of the last year’s price surge. Even if this is true, price corrections, luckily, all end sooner or later, and when this one comes to a close, Bitcoin will likely be ready for a big comeback.

2019 is expected to bring a lot that will serve BTC’s rise to dominance. Many of the things expected to arrive are actually only events that were already supposed to happen in 2018. Instead, they got delayed. These include things like the Bakkt exchange, as well as the potential approval of Bitcoin ETFs. Many experts agree that moves such as these will be the final thing that will convince institutions to start taking part in the “crypto revolution”, and start buying coins. If this actually happens, Bitcoin’s price might be capable of even exceeding its old $20,000-per-coin value. Why not invest in it while it’s still only $4,000?

2. Basic Attention Token (BAT)

BAT is a token that many are expecting to see on the rise in 2019 due to its goal of revolutionizing the way companies interact with consumers. Until now, large firms needed to spend huge amounts of money on advertising, most of which ended up in possession of middlemen between companies and consumers, such as Facebook, Google, and alike.

Consumers may or may not see these ads, but the company in question still had to pay for them. Then, BAT token appeared, and it came as a part of a new browser called Brave. Brave has its own advantages over other browsers such as Chrome or Firefox, including high speed, a built-in ad block, and much more.

However, Brave also allows users to watch the ads of their own free will, and make money while doing it. That way, companies will get feedback from consumers directly, and consumers themselves have a reason to watch the ads in the first place. Watching ads is paid in BAT tokens that can then be used for tipping your favorite content creator or website.

The system is still being tested, although many assume that it will kick off in 2019 and that the same will happen to BAT price. For now, BAT holds the rank of 30 on the list of largest cryptos by market cap, with a price of $0.154. In 2019, BAT is expected to grow to $0.23 in January, with a max potential price being $0.28. After that, the coin is expected to gradually grow throughout the year, possibly getting to an average price of $0.31 in late 2019, or hitting the maximum price of $0.39. Of course, if a bull run hits the market, this growth will be subjected to change.

3. Steem (STEEM)

STEEM is a coin that is also expected to grow in 2019, as its community continues to grow. STEEM uses its blockchain to create an entire group of interesting platforms that can replace many of today’s most popular social networks. Creators on these social networks are paid in small amounts of STEEM coins for posting content, but only if their content is upvoted by others.

This is a simple concept, but one that can bring a huge change once the project receives more attention. Some experts believe that this is the future of social networks, where decentralized services will make large companies obsolete. While it will likely take years and years for this to happen (if it happens at all), many believe that this is what the future on the internet will look like.

At the time of writing, STEEM holds the 51st rank on the list of largest coins, meaning that it has dropped quite low in recent months. However, this has happened to many others, and even Ethereum, the famous 2nd largest cryptocurrency — eventually lost its rank to XRP. That doesn’t mean that these coins can make a comeback, but they require support from their communities.

As for the future, experts believe that STEEM will grow by at least 30% in 2019, although this prediction is also based on the coin’s behavior in the past, and can be changed due to several potential factors, including bull runs. Steem is currently also quite cheap, with its price being only $0.31, which makes it a great long-term investment. If platforms like Steemit are the future, then getting STEEM now is a very smart move for forward-looking individuals.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Why Bitcoin (BTC) Revival is Likely to Continue

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The cryptocurrency market has been doing rather well in 2019 — certainly much better than in 2018. More than a year ago, the market crashed from its all-time high, and in the months that followed, it lost over 80% of its market cap. Bitcoin (BTC), as the leading digital currency, also dropped from $20,000 per coin to barely $3,200 in 2018.

These days, however, the situation seems to be turning, with digital currencies seeing significant growth in prices ever since mid-February. While January stopped the drops, February is the month when the market once again started seeing gains, and this kind of behavior has continued to this day. But, what does this mean for the future? Is this a passing trend, or is the crypto winter truly over?

The revival of Bitcoin

Questions such as the short-term future of Bitcoin are on many traders’ and investors’ minds right now and have been ever since the prices started growing again. A well-known Futures Now trader, Jim Iuorio, recently stated that Bitcoin would start seeing massive profits if it surpasses the price of $4,045. That was, of course, before the coin surged by around $1000 in the last week.

However, Iuorio’s prediction was that BTC is unlikely to go below $3,820, while the growth beyond $4,045 would mean massive gains for those involved with the industry. Soon after this prediction…

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How to Become a Millionaire without Risking Everything with Bitcoin

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It’s been well over a year since the crypto market reached its peak and then crashed, dropping to such lows that most of the coins lost anywhere between 80% and 95% of their value. A few of them lost even more. Of course, this was not enough to eradicate the crypto market, and the bulls are still as optimistic as ever, especially these days, when Bitcoin price surges again, taking the rest of the market with it.

Some predictions claim that Bitcoin will reach its own glory days within a year or two, and there are even speculations that the largest cryptocurrency might spike up to $100,000 per coin. One claim from last week even sees BTC hitting $400,000, as the highest price which someone was brave enough to predict.

While it is certainly possible — at this point, pretty much anything is — not everyone is willing to take such a gamble and invest their hard-earned money into a risky asset such as digital currencies. With that in mind, here are three alternatives that are considerably safer than Bitcoin and the altcoins.

1. Investing and re-investing in stocks

A lot of people — especially younger generations — find stocks to be incredibly boring. Most of the time, all you do is invest, and use the returns for re-investing in high-yielding shares. However, while boring will not…

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The Best Time to Buy Bitcoin (BTC) Approaches

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Ever since 2019 started, the bear market of 2018 has been losing momentum, with the bulls emerging numerous times in short intervals. This was the beginning of a crypto recovery, which still has quite a long way to go.

However, last week, Bitcoin saw massive growth in transactions, reaching a 14-month high. These were the levels that were previously seen back in 2017, as BTC approached its highest point in terms of price. The growth also reflected strongly on BTC price, which spiked yesterday from around $4.100 to the current $4,672.

Meanwhile, Bitcoin market cap followed as well, currently sitting above $82.3 billion, while the trading volume exceeded $14.5 billion.

What caused the growth?

While this is an exceptional growth, and potentially a start of the bull run that everyone was waiting for, it did not come without a cause. One of the reasons why BTC surged was last week’s Weiss Ratings report of multiple different cryptocurrencies. The report’s authors even stated themselves that the best time to invest might be very near at this point.

Weiss Ratings has done reports about specific coins in the past as well, and this time, they noticed a significant improvement in coins’ performance. The report mentions growth in user transaction volume, network capacity, as well as network security, which the authors took as an improvement coming from the evolution of the…

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