Ten predictions for 2016
1.Bitcoin companies with just one business line will increasingly become disintermediated by those that offer multiple services.
2.Investor clamour for all things blockchain will return full circle as blockchain start-ups begin to partner with more established bitcoin businesses.
3.Sadly more bitcoin business will close or consolidate.
4.Bitcoin adoption will continue to move slowly forward – mass consumer adoption is still in the future.
5.The relationships between banks and bitcoin business will begin to thaw as more sophisticated bitcoin compliance solutions come to the market.
6.We will see fewer and fewer pure bitcoin start-ups – those that already exist now have too much of a head start.
7.Bitcoin legislation will begin to evolve at a faster pace and will help give the sector added credibility.
8.There will be more fraud related to altcoins.
9.Investment in the sector will plateau until consumer adoption dramatically increases.
10.The price of bitcoin will remain relatively static around the $200-$300 range.
2.Investor clamour for all things blockchain will return full circle as blockchain start-ups begin to partner with more established bitcoin businesses.
3.Sadly more bitcoin business will close or consolidate.
4.Bitcoin adoption will continue to move slowly forward – mass consumer adoption is still in the future.
5.The relationships between banks and bitcoin business will begin to thaw as more sophisticated bitcoin compliance solutions come to the market.
6.We will see fewer and fewer pure bitcoin start-ups – those that already exist now have too much of a head start.
7.Bitcoin legislation will begin to evolve at a faster pace and will help give the sector added credibility.
8.There will be more fraud related to altcoins.
9.Investment in the sector will plateau until consumer adoption dramatically increases.
10.The price of bitcoin will remain relatively static around the $200-$300 range.
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