I think this is the strategy most investors are using of late because they know very well that bounty hunters will sell thier tokens cheap after getting them.
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Many people have stopped investing because of the many scam projects occurring and also bounty hunters dumping after icos so they are all waiting to buy more after token sale which leads to no one buying in ico event and then the whole thing is termed a scam when softcap is not reached. Some then run with the money to cover for the funds they have lost.
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I will never sell when I start losing my funds in bitcoin or any cryptocurrency. I will hodl it until I get my money back and when hopes get lost or I am not able to get my money back, I will live it there. Bitcoin will ever increase in price again even if not this year.
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It is a prediction and for that matter I won't be all that happy. By the way I have my own ways of keeping myself assured that bitcoin price will go high again and not based of someone's predictions.
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I have not heard of any banks planning to do that but as mire countries accept and use bitcoin, they won't have any choice than to accept bitcoin deposits because the fiat that is generally accepted itself is by the people who accept it. If they decide to shift to a particular medium of exchange, I think that should be a problem to banks.
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Why do some people cause panic like that? Please don't hate bitcoin if you have sold all your coins and trying to let it drop for you to fill your bag because it will never drop below $6K. Shame on you my guy!
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Panic selling is basically selling to prevent further loses as a result of bad news towards a particular coin which may indirectly affect the price of other coins.
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Buying bitcoin at this time is a very good initiative as we all hope bitcoin price to surpass the all-time high of over $20K. I won't hesitate to buy if I got some huge amount of money at hand.
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The anonymity nature of blockchain transaction has paved way for these bad people to do their business but that doesn't mean cryptocurrency was made for them. Before crypto, they existed and did their bad things.
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For me, I think bounty is more effective than airdrops because airdrops are just used to expand telegram and other social groups and they pay less than 10$ most of the time. Bounties can pay as high as 30,000$ per participant which airdrop can never do per participant.
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I cannot find a way to believe this but when it happens that way, it means cryptocurrency has achieved it goals to become worldwide currency and not a currency for the whales and the few alone.
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I joined here to read and get more information about cryptocurrency. This is indeed the only place that can let you have a deep understanding of cryptocurrency.
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I think looking at recent renovations to blockchain technology, ethereum is the best altcoin to buy. The general acceptance of eth byalmost 2/3 of the crypto users proves that it is very good to have it.
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Ether is good but having other altcoins is very necessary. One cannot put all their goods in one basket. Having some good amount of ethereum is good for in this current cryptoworld because it is the second most valuable coin.
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I think it is a good time to invest in cryptocurrency as most of them are less than the usual price by more than half. Any investment this time is a must profit for the investor.
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I really support this suggestion because this will help to prevent the massive dump after ICOs. Some team members are unwilling to pay after bounty ends due to the fear of this.
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I see cryptocurrency to have a bright future because even with the little people who know about crypto, the prices are going high and more and more people support it everyday.
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The crypto-market is quite difficult to be predicted by newbies like us but with the little information I have, I think ethereum price could reach $2000 this year.
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Cryptocurrency value is as a results of speculation so is bitcoin. Everything can turn 1$ in just a minute so put that in mind. Always remember the price will not be permanent so take away your profits when ever your reach your target even if you are thinking you can get more than that profit.
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