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Most probably when that time comes, mobile applications on cryptocurrency play a big role on this. Imagine doing your transaction online uaing your mobile phones. Also, part of it is a beep card that in a simple swipe transactions can be made possible. All payments and other cash transactions are made online using cryptocurrency.
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Those signals do not reflect the entirety of what will happen to bitcoin. Most of the signals are just interpreted by analysts depending if he/she is positive/negative about the situations. That assessment is not absolute. As you can see, the market is still on the bullish mode, meaning investors and traders are still positive about the current situations despite the presence of few drops.
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After five months since this thread had started, ethereum and whole market had at least doubled up. Ethereum had recovered nicely. I always believe that the ethereum blockchain is very useful in cryptocurrency community. The continuous upgrade and development on it is very much helpful and makes it more dependable.
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Switzerland is one of the richest countries known for its neutral stands. With these characteristics, Switzerland welcoming cryptocurrency and blockchain technology is a great boost for the whole cryptocurrency.
Great and good news about accepting, welcoming, and recognizing cryptocurrency by several rich countries seems to be way towards mainstream adoption.
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The real value of bitcoin and cryptocurrency can't be determined alone by just looking at the prices. Their value is actually reflected on how great the technologies and platforms behind them. The usefulness and functionality of these coins in todays modern world. This is one of the criteria to be considered valuable.
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Binance will continue to rise as long as we're in bullish mode. More traders doing transactions in Binance. This would only mean more people are supporting and believing in Binance. The future of BNB is very great, but we need to always keep updated with Binance news because Binance will sure be a target by attackers and crab mentality of other people. Remember thag Binance is one of the top exchanges. Competition is always there.
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Litecoin halving will directly hit the miners' profit, but not the LTC holders. Some analysts are expecting that LTC halving will increase its price by more than 50%, if in case happens, will at least breakeven the halving. So, this might be the reason why more people are investing their money in LTC.
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The production of money is not a scam. It's part of the system that were put in place years ago. For sure there were good reasons why this cash system had been setup. We all benefit with the cash system. But, other people take advantage of the situation including manipulation, graft, and corruption. These are just some of the reasons why cash system brings problems with other people. Same thing here with cryptocurrency. The concept of blockchain and decentralization is great, but other people take advatage and ruining these concepts.
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I think the best coin to HODL is still bitcoin ,65% of my money are in bitcoin and the rest on altcoins like ETH and LTC ,gone are the days when you will see 2000% of altcoins ,bullrun has been around for months now and altcoins aren't favouring that much,they will be profitable but not just like 2017 pump
Yeah right! Missing those days of year 2017. But, this is reality check. This is the time where we don't need to be greedy, have patience, and do hardwork. We need to accept that money here are hard-earned money. We don't rely on luck. As of now, bitcoin is really the backup investment. You can gamble to invest to a starting coin to have bigger percent profit. |
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Yes you made a good point here. Investing in cheap coins but potentially good, is a great idea. But, don't put everything on a single cheap coins. You need a back up because not all cheap coins tends to move up. So better invest part of your capatal in premier coins such as bitcoin. Actually, TRON is a strong coin considering its low price.
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Bitcoin mining can at least be predicted through charts, but the changes in the demand for bitcoin is hard to predict. This is the reason why it's hard to make prediction on bitcoin price. Just like this year where the demand increases. Considering that huge bitcoin holders are out there to manipulate the market a bit.
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Though there is a significant decline in successful ICOs in the past, it doesn't reflect the entire ICO community. The bearish year 2018 made it possible to filter the list of ICOs and made those strong ICOs survive, which is good for the investors. Now, ICOs are back again as the market is having a nice bull market. Expect more profit when bullrun comes.
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I think using renewable energy for the electricity in mining bitcoin is a brilliant idea. The monthly cost for the electricity will be reduced, but not for free though there still initial cost in setting up the plant and also maintenance cost. So, the electric cost will not totally gone. Thus, transaction fee would still be there for the miners.
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1-month investment, are you sure with this? Most likely whatever coin you choose, there's no guarantee that you will earn that much. Even though we are on a bullish period, the price fluctuates with not much percent increase. But choosing one, I'll go with Ethereum. Looking at the price chart, ETH's percentage increase is slightly higher than BCH.
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Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.
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Volatility of cryptocurrency is one of the issues that prevents these digital assets such as bitcoin to go mainstream. How could these coins be used as a payment if time and time again the fluctuations is very huge in either directions. But, the problem is that holders treat these coins as assets that expected to rise in value.
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I think everyday trust toward to the money is rapidly depleted, and people will finally realised how ignorant and gullible they’re to just earn the IOU garbage fake money, do you think crypto will trigger the complete bank run? Or any other delusional store of value that we don’t know yet?
If you consider US dollar as one of the fake money you're talking about, why do bitcoin and other altcoins being analyze based on US dollar. Cryptocurrency won't elimnate the current currency. They'll exist together at the same time because they have different purpose in our system. |
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Currently, there is a situation where almost all cryptocurrencies are growing in price. It's a bitcoin price dependency. It is a matter of time before bitcoin will once again reach new price peaks.
And with it, the ethereum classic price will also go up. To invest in ETC is not too late. You certainly won't regret the investment. But the decision is up to you.
Good point here, yes it is true that almost every cryptocurrency is on the rise in terms of its value due to the bullish market. Just a simple advice, you can start investing while coins are on an upward climb. But, I'm not sure about the future of ETC in terms of functions in the cryprocurrency community. As of now, ETC has no significant development scheduled to it. |
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One of the reasons why we need regulation in cryptocurrency is to assure security. Without security measures, scammers and frauds are just lingering and taking advantage of the situation that some people want huge returns. The same reason why some governments are thinking twice about cryptocurrency.
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