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Bitcoin trends to watch out from 2019 onwards

bitcoin trends to watch in 2019

January has passed and February is half-gone, now we can finally speculate what else 2019 has in store for us. The Bitcoin trends that were seen in its early days can allow us to predict what will be coming ahead. However, one thing is certain that 2019 has lots of good news for Bitcoin Enthusiasts.

The trend that catches the eye the most is the number of Bitcoin ATMs in the cities of the United States. Chicago and Philadelphia now have almost 100 Bitcoin ATMs each. The ATMs are for dispensing Bitcoin but people can buy Bitcoin through their debit cards by making accounts in LibertyX.

Smartphones have started appearing that store crypto coins in them. HTC has announced Exodus 1 that comes with a built-in crypto wallet and you can only buy the phone through cryptocurrencies.

Furthermore, rumors are that the Samsung S10 will have a built-in crypto wallet through a trademark Samsung Blockchain KeyStore. The success or failure of these smartphones may bring further companies to join the fold.

Tourists are now being encouraged to use cryptocurrencies when they travel, in fact, the German tourism board is accepting Bitcoins for its services. This move is highly favorable considering it spares the person from having to exchange their currency and avoids the exchange fees.

Banks are now taking a more high handed approach towards cryptocurrencies including central banks that are supplementing their gold reserves with them. Moreover, these could prove useful as central banks cannot give their bonds to foreign central banks that may fall prey to political pressure. On the other hand, using cryptocurrencies in such a case can be both easy and safer.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

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