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📈 Price Predictions
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EOS Price Forecast 2019. EOS Potential Will Go Through the Roof – $20 Value Is Expected

  • Vera Yurina
    📈 Price Predictions

    EOS price forecast 2019 from popular websites and experts: What are the chances of hitting the $20 mark?

EOS Price Forecast 2019. EOS Potential Will Go Through the Roof – $20 Value Is Expected
Cover image via u.today

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

EOS is one of the most advanced blockchains around, so it’s not surprising that the token is gradually gaining in value. Being “a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications”, EOS is a perfect choice for commercial dApps. During its 1-year ICO, EOS' market cap has reached $4 bln, though now it’s $2.5.

What can drive EOS growth, and what are the EOS price predictions 2019?

EOS price forecasts 2019

The cryptocurrency market is very volatile, so it’s hard to make any certain short-term predictions. However, some websites try to speculate on the EOS price. Here are the forecasts provided by analytic portals:

  1. According to Wallet Investor, EOS is one of the rare cryptocurrencies that would be a great choice for investment. Its team believes that EOS will reach $911 by 2023.

  2. A Steemit writer, OrdinaryRich, said that EOS might hit the $20 mark by 2019. Besides, he predicts that EOS will have about 60% more than Ethereum’s market cap.

  3. The CoinSwitch website states that EOS will cost around $15 during 2019. Investors are interested in this coin thanks to its great technology. A lot of experts are sure that EOS will develop as one of the best ICOs on Ethereum network.

Here’s the information posted on the Coinfan website:

 EOS 2019 price month by month
EOS 2019 monthly price prediction from Coinfan

At the moment, the forecast isn’t accentuated yet, but things can still change.

What will drive EOS development?

The Theoofy.com website provides pretty much the same information: its EOS prediction for 2019 is $20. Such price growth can be triggered by several events.

  • The domination of Bitcoin and Ethereum over the cryptocurrency market is expected to decrease by 15%. As new, more advanced cryptocurrencies enter the industry, investors will switch their attention to altcoins.

  • The crypto market will grow by at least 4%.

  • EOS’ market cap is expected to rise and reach 60%, larger than Ethereum’s market cap. The Block.one blockchain has enough potential to overtake Ethereum.

What else will contribute to EOS’ growth? There are many factors that will drive its development: community activity, social hype, new technical releases, investors and partnerships. It’s clear that EOS will be further implemented in the infrastructure of corporate users. The EOS community will be lucky if the Chinese and US governments change the current situation regarding regulation – it might open new opportunities.

The number of applications based on EOS is growing significantly, and the community is attracting partners from different spheres:

Meanwhile, Internet users claim that even if EOS reaches $10, it will already be a significant achievement. Before it starts soaring, you should consider this coin for investment.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

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Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing

  • Alex Dovbnya
    📰 News

    Google's quantum computer is still too primitive to pose a threat for Bitcoin's cryptography, but things could escalate quickly

Bitcoin in Danger as New Research Shows Google Has Achieved Breakthrough in Quantum Computing
Cover image via www.123rf.com
Contents

According to a new research paper published in science journal Nature, Google's quantum computer is able to perform calculations in just three minutes. To put this into perspective, it would take the fastest supercomputer about 10,000 years to perform the same operation, which signifies a major tech milestone for the search behemoth. 

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Google achieves "quantum supremacy"

Back in September, the Financial Times reported that Google has managed to achieve "quantum supremacy," which means that its beast is able to perform calculations that would be impossible to pull off with any other computer. 

However, technology is still way too fragile for commercialization, which is unlikely to happen anytime soon. There is hardly any practical application for quantum computers, but they do have great potential for disrupting a lot of industries, such as finance and transportation.   

Considering that the Trump administration has funneled a whopping $1.2 bln into the development of quantum computing, it might stop being just a buzz word. 

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Will Google's quantum success affect Bitcoin

There is also one notable application for quantum computing -- hacking Bitcoin. The headlines about Google's super-powerful juggernaut has made many wonder whether Bitcoin, whose value derives from the immutability of its Blockchain, is in danger. 

However, ex-Bitcoin Core developer Peter Todd reassured the confused crypto crowd that Google was nowhere near breaking the top coin's cryptography. On top of that, it's not even clear whether quantum computers could potentially be scalable enough for commercial use. 

Bitcoin evangelist Andreas Antonopoulos also opined that Google's quantum breakthrough would have no impact on the orange coin. 

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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