What to Expect From the Crypto Market in 2020

The video discusses the transition from the ICO and horizontal competition era to the vertical construction era in blockchain technology, emphasizing the importance of building on established platforms like Bitcoin and Ethereum. It also examines the potential impact of the 2020 Bitcoin halving on market prices, considering factors like investor sentiment and capital allocation. The role of Libra in horizontal competition is also analyzed, highlighting its uncertain future.

What is the main focus of the vertical construction era in blockchain technology?

• Building on existing platforms like Bitcoin and Ethereum

• Developing private enterprise blockchains

• Creating new blockchains

• Launching ICOs

Why is Libra considered part of the horizontal competition era?

• It is a private enterprise blockchain

• It has already launched successfully

• It competes with existing chains like Bitcoin

• It focuses on building on existing blockchains

What significant event is expected to occur in May 2020 concerning Bitcoin?

• The end of Bitcoin mining

• The launch of a new blockchain

• The halving of the block reward for miners

• The introduction of a new cryptocurrency

What is a potential effect of the Bitcoin halving on its price?

• A decrease in price

• A complete market crash

• No change in price

• A surge in price

According to surveys, what percentage of people aged 18 to 34 are likely to buy Bitcoin in the next five years?

• 33%

• 50%

• 20%

• 10%