Due to the fact that the drop in the cryptocurrency rate has decreased somewhat, companies have been able to devote time to the development of useful services and products. On this, in a conversation with Yahoo Finance, said CoinList head Andy Bromberg.
"The current situation is reminiscent of the" cradle of civilization "of Mesopotamia, when there are all the necessary ingredients, but it is necessary to focus on creating new empires and developing a new future," – He said.
According to Bromberg, the decrease in the HYP around the cryptocurrencies led most of the speculators that were activated at the end of 2018 out of the market. This will also have a positive effect on the future development of the industry as a whole.
"Companies need to create products for consumers, although it is difficult, because developers do not have the necessary set of tools." – The CoinList boss added.
Recall that in January, a technical analyst specialized in cryptocurrencies under the nickname Galaxy said that the new rally in Bitcoin prices would begin in the second half of 2019.
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