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Ethereum has the pioneer advantage, as it was the first project to create a platform to support other projects, as such it's the first choice of most ICOs looking to be hosted on a platform.
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2020 is two years away, and I don't think it shrewd to attempt to speculate that far off.
What the market would be by that time, is impossible to predict, it could be very well be a bull year, or the end of cryptocurrency.
Be practical, and try not to get ahead of yourself.
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I am definitely a fan of BTC, I would recommend to any cryptocurrency enthusiast, irrespective of thirty knowledge.
I also fancy, steem, DASH, EOS, they are solid projects with dedicated and experienced team manners.
Ethereum is of course my favorite digital currency.
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Cryptocurrency regulation would definitely put a stop or reduce to an extent the nefarious and illegal use of digital currencies. It is highly unlikely that cryptocurrency would be regulated anytime soon though.
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I see no reason why political figures and individuals should be exempted from the unique technology that is cryptocurrency. Except of course, it has been declared illegal in their nation.
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Gold is a commodity that derives it's value from its physical properties and applications, bitcoin is an asset which facilitates transactions and interactions over the blockchain protocol, and it's value is mostly determined by the market forces of demand and supply.
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It is mostly necessary when growing hype around your project, investors nowadays don't care about large number of followers on social platforms, with little or no activity and interactions.
A little community geared towards the success of the project is incentive enough for investment.
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There are quite a number of alternatives and websites designed to offer price information, market volume and capitalization.
CMC is currently on top of that market, as it is the most visited destination by crypto enthusiasts.
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The blockchain technology has been identified as a means of supporting and boosting upstarts and small businesses. The open source protocol, transparency, and peer-to-peer interactions makes it suitable.
Your idea looks good on paper. Time to get to work.
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Everyone who has gotten into cryptocurrency, must have been fully aware of the uncertainty and unpredictable volatility.
What to do when the market hoes down depends on the currency you're holding, I mostly flip altcoins lower in terms of market cap for tbose high up on CMC.
Ethereum and litecoin are my favorite alts.
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Bittrex and binance are good exchanges, and you would be fine on either, with your identity documents.
Although binance has an amount you can withdraw a day without verification.
As a newbie, it's best to start small, and grow slowly as you improve in skill.
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Trading and gambling are quite related and similar.
They both depend on skill and chance.
There is also the possibility of losses and gains.
I wouldn't say any requires more skill or luck than the other. But trading is more technical.
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scenario 1 :
In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.
scenario 2:
The current price of Ethereum is around 607$. It has reduced a bit after rising to $ 1200. As per some of the predictions online, by the end of this year 2018, Ethereum would be around $ 1900. Similarly, in 2020, it would be around $ 5500.
There should be someone logistics behind any price predictions, there is also the possibility that the price drops drastically. I believe much in ETH, but I refrain from predicting the future price. scenario 3:
if we used the price gains of the leading social/technological innovations like Facebook, Smartphones, ...
in 2018, ETH is 1500$ in 2019 is 3331$ and in 2020 will be 7268$
Ethereum shouldn't be compared to franchises like facebook, cryptocurrencies are basically currencies with no support, to maintain the price, as it is a decentralized network. |
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Most people advise you buy, when the price is low, and every one is panic selling, that way you get the lowest prices.
Ethereum is a top currency and it is most likely to pump in a more favorable market.
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There's no basis in your argument to support a rise to $15000.
Except we're talking down the road, it could eventually hit that mark, but not anytime soon, I don't think.
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With the way prices are dropping currently, it could very well go as low as $6000.
It's currently just above $6400, this seems to be the support.
Hopefully we can get some positive news soon, and maybe some growth.
For now, the strategy is buy and hodl.
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It's a common idea that you invest what you can afford to lose.
So assuming you did that, it still hurts losing money eyes, no matter how big or small;
- Accept it, never make excuses
- Look for where it went wrong
- Identity the error and correct it. You won't like to make the same mistakes repeatedly.
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There are many factors that influences the price of bitcoin.
- Market forces
- Major annoncements
- Manipulations (by exchanges or whales)
Some or all of these factors can affect the price possitively or negatively.
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Every bounty shows the percentage each campaign would get from the total allocation.
And signature and content creation gets the highest share
It also depends on the number of participants.
Translation campaign has little allocation but also little number of participants.
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No one knows when the next bull run would come.
It's best to always be ready and take advantage of the door by increasing your portfolio. And focus on top currencies as they are more easily affected by market trends.
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