The chart looking really bad, alt coin had difficulty when talked about bouncing, only some manage to bounce back, from all the technical and the news seems like it is going to hard for ripple to back on track but somehow I believe ripple can go up again but seems like it's going to need huge support and a long time because ripple is only rely on trading to stay alive
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The first thing is you need to build your reputation, and then you need to make thread to let people know that you searching for manager job, tell them what is your speciality, the key point is to make them believe you that you have the capability of managing the campaign, and maybe you can give free service for a few weeks to build your reputation and becoming manager is not an easy job, just prepare yourself mentally
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Depends on the coin itself, for strong alt coin like eth ripple or LTC, it can last for a very long time because there are a lot of users and being traded simultaneously, but for alt coin that is not famous it only survive for a short time, some of the coin only last for 3 months
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Actually there are no limit, but for the coin that under 10$ it is better to buy more than 1 coin, small trade will make you lost your money because of the transaction fee, the ideal to start is 30$ to 100$ for a newbie traders, but if you aim for higher profit then you need to have more than 100$
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Comparing Bitcoin and deeponion is like comparing a big tree and a twig, Bitcoin has been widely spread and got a lot of users, deeponion is a new coin which I think is a good coin and got potential, but to compare these two is way too different, and we still don't know can deeponion succeed in the swarm of the alt coins
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You need to be picky if you want to invest in ICO, because a lot of people scammed using ICO, and you joined ICO to get profit so you need to choose a good coin to invest, there are so many research that need to be done before you decided to buy ICO and I suggest everyone to do the same, so you can't be tricked by the scammer
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Yeah recently China has been really strict about crypto currency, no more ICO can be launched until a further notice and Bitcoin future seems a bit unsure, actually the government want to try to regulate it, but seems like hasn't found the key, but the situation for Bitcoin in China is not really good
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Well this few day the volatility is very high it is a good time to trade but it also got a very high risk, I trade when Bitcoin fall down low and I speculated the wrong price and within 2 hours I lost all of my profit, so it is like a roller coaster trade, if you guess it right then the profit is awesome
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I will still suggest Bitcoin, ethereum is a good coin but the price keep on up and down, Bitcoin also up and down but in the end it can go up and create a new bottom price, and it is small chance to earn 100£ with 500£, it is not that easy to be able to gained profit that big, even if you are a professional trader it still difficult to keep on earning profit
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No I don't think China's banning got anything to do with politic, it is coming from the complained that a lot of scammer try their luck in ICO and too many people already involves in crypto currency and causing undetected money movement and the government want to prevent money laundering
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The falling price is still due the China's decision, but seems like everything starting to come together, but I am sure we lost some investors because of the incidents, and low price is the best time to buy because Bitcoin tends to recover and breakthrough the high limit, I also have the feared that the price skyrocket a bit fast so it can slipped down again but I think 3000$ will be the bottom limit
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I agree that the volatility should be more stable, but it is not that easy to controlled it, since crypto currency is all about supply and demand, but with more people adapting Bitcoin the volatility could be pressed down, with the high volatility like it is disadvantage to used Bitcoin as currency, but volatility also plays an important role for traders and it is one things that keep Bitcoin alive
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Yes, but I am not sure about the cheap transaction fee, but bitcoin does provide another unique feature that can't be provided by Fiat money, so in the future there will a lot of people using Bitcoin and Bitcoin has become solution for a global transaction, so I think Bitcoin will play a very important role in the future
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Sure it does possible to be banned in every country, but that is not something that we can prevent, but until now there are only some country that feel Bitcoin is disturbing their country, but don't be too paranoid, just invest what you can afford to lose, and just observe the situation, when you feel something not right you still can take action by selling it
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China has been ruining the market and I am sure we will doing fine without china and now the price has comeback to 4000$ and growing stronger, so many people is upset because of the China's government decision and has been spread a lot FUD lately, and we still got other country that support bitcoin
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Like it or not china still got influence in crypto currencies world, most of the mining is coming from that country and there are a lot of investor coming from China, but bitcoin will still alive without china, there will be a set back but in the end we will survive
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if china wants to annonce that mining is illegal, this will be a big problem
I don't think china is ever going to do that, they banned exchanges as they aren't supposedly legal (they don't have papers) but the chinese are too heavily invested in mining to ban it for good I don't think think china FUD is over, there is still rumor that the government going to shut down all the exchanger whether the legal or the illegal, but still not sure the news is hoax or real, if the government banned the exchanger it is still ok because the price can recover, the one that I afraid is the government banned mining, if it happened then we really got problem
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Yes it can, it can weaken the coin because the investors is splitting the money to choose different coin to invest, and in the end we got a lot of weak coin waiting to be forgotten, but this is decentralized world, nothing can be done to handle this problems and this is not really good for alt coins reputation
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Thank you for the opinion but I am not agree with you, Bitcoin volatility is high because the popularity of Bitcoin just increasing so there are a lot of people used Bitcoin for trading and transactions, even though the price fluctuate a lot, it is very efficient to be used to pay someone abroad, and Bitcoin is not as perfect as good or silver but it does give profit, so I don't care whatever people describe it, as long as it is giving me profit and it is valuable then it is an asset and if Bitcoin is a scammed Japan won't legalize it
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If you are going to pay with Bitcoin then the government won't accept it, buying island is a big transactions, so it requires all the legal procedure and documents, and with Bitcoin it can't be consider as legal transaction, you will need to convert it to Fiat before you able to buy the island
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