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All price estimates are speculation at this point. I personally have seen estimates between $0 and over $1000. The average speculative price I have seen is $10-$200 in 10 years. Even 10x growth in 10 years is considered a spectacular investment by most investors.
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I like the fact that bitcoins alone are worthless. The thing that gives them value is the payment network they live in. So bitcoins are backed by the worlds first global permissionless trustless payment network (the bitcoin network).
Bitcoins are backed by the only global blockchain payment network that has become so successful it is having trouble scaling fast enough.
Scaling issues are a great problem to have. If we didn't have scaling issues bitcoins wouldn't be worth as much as they are today, simply because the demand wouldn't exist to create a scaling problem.
In that respect, not scaling bitcoin will limit the price growth. But once scaling has been implemented the price can continue to grow with demand for using the network.
On a side note. Ether is backed by the ethereum network. It could then also be posited that dollars are backed by the united states financial system, haha I know which system I'm betting on lasting through the next decade.
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I don't think so. All alt currencies are pegged to btc. If you want to swap, you almost always go via btc. If you have to pay tax, then pegging it all to btc would also be probably be done. Changing it would require divine intervention, even if the successor is better.
It's like trying to get America to change from miles to kilometers. It's ingrained into the backbone of this industry now.
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Keep in mind your own eagerness to buy or sell an asset can lower your returns dramatically. If your impatient and overeager, you may buy 5,000 assets and drive the price up 5 cents. Even though you may not realize it, you just costed yourself $250 (This is known as 'Market Impact'). In addition to the exchange fees, you have just paid top dollar to acquire an asset. If you then panic sell for less than the current price, market impact will consume even more of your returns. In the end, the costs of trading will wear you away.
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Usually what happens with traders is this : in a rising market, people day trade and make money. But, when compared to those who bought and held, they actually made less. It is easy to trade and make money in a climbing market but most are crushed when the market turns. Also, MOST traders I know always show you this and that successful trade but won't show you ALL of their trades because when you add them up, you'll see that their overall gains were less than buy and hold.
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I have participated in a number of airdrops, some of them provide good return but most of them are worthless or even no tokens are distributed. The problem of joining airdrops is that most of them are useless and you just waste your time in numerous worthless airdrops. However, I found that by reading the whitepapers, checking out the website and team you have a much higher chance of identifying legit airdrops. Yet doing all that is time consuming and sometimes I wish someone could simply tell me which airdrops I should join. I have been joining different airdrop telegram groups, yet most of them post as much airdrop as they can. I have to go through a lot of rubbish to find the golden ones.
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Try both. Then if you are good at day or position trading, you'll have more to put in your long term investments and you could take some short term profits for whatever else as well. Obviously do your research though before you start throwing money at random ass trades. Youtube is a great resource for this.
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I would say it is very realistic to go down $ 0.10, would not be surprised if it even went lower, not shitting on the project, cause it is an awesome project, the tragedy itself is all this uncertainty, FUD in the market as a whole and the BTC rolling down like crazy. We need waters to calm down before we can look further for price increases and I am afraid that would not happen until regulations come in and the world as a whole makes peace with crypto, that is when we will start seeing serious institutional money pumped in, consequently price modifications north side. Until then buy whenever you have a chance little by little but always keep some spare cash for temporary price drops, and hope for the best but be prepared mentally for the worst.
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i totally agree, leaving something stable and secure for something as volatile as this is not a very good idea, i know it's a lot of temptation to become a millionaire in a couple of months, but as there are stories of people becoming millionaires in a year there are also people who lose everything in a week.
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If you want to just buy and profit and sell in the short term because you have a debt that you need to pay off, great. Go and do it. But if you really want to invest in a market with great opportunities and be part of something that can change the future you should hold
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You won’t ever be able get your fix of 1000% profit over mere days anywhere but here. You’re all in a tizzy because the market spiraled downwards hard but, deep inside you, you know you can’t keep away. Most of you who’ve sold will just be peeking until eventually the market pumps. I’m sure that, initially, you’ll try to contain yourselves, but eventually when it pumps hard enough, you’ll all be back hoping to catch that ride to the moon.
You? Leave the market? Believe me, this thing is never over; once you’ve experienced the crypto market, you can’t quit it. Cocaine’s a hell of a drug though 👌. See you in a few months.
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Meeting new people and making friends can be overwhelming. But with a little effort and willingness to step outside of your comfort zone, you can easily make friends, let me give u some tips: Join an organization, a club or a sports team, Volunteering is also a good way for people of all ages to meet others. If you want to make friends, you first need to put yourself out there somehow in order to meet people.
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of this year at least pacific rim 2 was quite disappointing, not the worst per se, but I was quite shocked by how bad it was, I knew it would not be the same without Guillermo del Toro but ohh boy, what a ride, cast without charisma, meaningless action scenes and senseless plot, this was a letdown
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i really like this project because I'm an avid gamer (like 8 hours a day), but now it's only an Idea. I'd like to see how it will be developed, and what are the differences from this "gamer token crypto" that I've seening a lot in those facebook ads?
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I'm very new with cryptos and wanna ask, is safe to store all your cryptos in a universal wallet like coinbase? thx!
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