More Products, Fewer ICOs: Cryptocurrency in 2019

Remember the video of that crazy guy screaming about BitConnect at a conference in Thailand? It may seem like a lifetime ago but that short clip, which epitomises everything that was wrongheaded in the cryptocurrency craze which swept the globe at the end of 2017, is barely a year old.

Fast forward to today and Bitcoin has just had a huge slump in value, interest in cryptocurrency is down and many now see the industry as a minefield of scammers and ponzi schemes.

Thus, it wasn’t too surprising to see a more subdued set of blockchain and cryptocurrency executives turn out to Krypton’s Next Block conference in Tel Aviv this Wednesday.

But though there may have been no screaming about 10000 percent returns and Bitcoin hitting $1 million by the end of the year, most speakers were, strange as it may seem, positive about the current state of the cryptocurrency market.

Fewer scammers

With fewer scammers and traders, banking on the greater fool theory paying off, looking to make a quick…