I guess only projects that have real target and plan have a chance to survive. Unfortunately at this moment there are too many senseless projects.
Exactly. There are too many ambiguous projects with no real uses and purpose in life. Most altcoins in existence today, are simply copies of another altcoin, while others have similar visions and features. One good example of this is smart contract platforms like NEO, Cardano, EOS, and Lisk, which are similar because they provide the same features as Ethereum for deploying censorship-resistant dApps. In this sense, there are too many projects that promise to provide smart contract functionality for the mainstream world, where, we won't be using all of them. Therefore, in all means, only altcoins which provide real uses and a well-thought out plan, would most likely survive in the future. Ethereum, is one good example of such altcoin and I believe that it would be here to stay for years to come. Just my opinion  - I understand what you say and I am very supportive of this thought because this market wants to grow stronger and more popular in the future, it needs to eradicate the bad news in the market, and most of this bad news comes from poor quality projects, the project was created solely for the purpose of pumping and dumping. When this is achieved, investors will have fewer options but with better quality, capital inflows are also larger, the altcoin that can survive is definitely the best and most useful altcoin for the community |
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In my opinion the bitcoin price is changing naturally due to it's market forces the prices show a change and if the demand rise the price show a rise and some time the price is manipulated by the big suppliers and the large portion of bitcoin holders have bring a steady change in the prices so it happens.
I don't think it is just a natural way, price trend today is totally different from of previous years. Market trend is pretty hard to predict since last year due to wide market manipulation created by some groups of investors. They are using their money to create changes and made crypto into more volatile which could result into losing by newly adopters. If the prices were changing naturally then there would be no big bump in the price last year. Normal means increase with the growth of market cap. When more and more people invest in bitcoin it means that the demand for bitcoin increased and now the price will also increase but the film was different and we saw that now the price will grow more but suddenly it collapsed to the knees. You are right dude. However, we are actually talking about the manipulation of prices. And I don't think it is hundred percent being manipulated. I think those whales are the ones who manipulate the price of bitcoin. Only them have the capability to manipulate the price because they are holding large amount of bitcoin. On the other hand, if they will not bring back the high price of bitcoin, the trust of people will continue to go down. - Well in the past, price manipulation was a sure thing when the field just started, whales and big guys always work together to control price and make more money but over time, the appearance of other groups has entered into this domination, prevent the control and force the market to go in different directions. No longer fully manipulated, now each group may have split up where they can manipulate, sometimes they can fight each other to gain control |
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I think it can manage to survive but making an impact to people is going to be hard. Bitcoin is the image that make it more recognize so without it, it is just like a good bag without a brand. Blockchain is good but I think it needs bitcoin to make adoption much faster.
I don't think that the blockchain needs bitcoin to have a faster adaption because without bitcoin, it can still survive because the blockchain network does have the qualities of a technology that a country or government can look for because it doesn't need to have a cryptocurrency because even without cryptocurrency like bitcoin, blockchain can still be useful and limitless. - Exactly, the value of blockchain is huge, it contributes and opens up a new page of digital technology, bitcoin is just a product and it became famous when it relied on blockchain technology, it means that bitcoin achieves results in the present, all is due to the blockchain brought to it. So we can say that no bitcoin, blockchain can still exist and grow very strong, it does not affect the blockchain, blockchain just put other altcoin up and replace the position of Bitcoin, the problem will be resolved |
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One factor that scare others from investing bitcoin is that bitcoin is not yet totally legalized worldwide though bitcoin is already known all over the world but there are still more countries that ban bitcoin.
- The ban did not affect too much to think about investing in bitcoin because when we want to invest in Bitcoin, we know very clearly that the government can not control us, the ban is useless, we have investment, the government also do not know. So we can eliminate this factor, the reason we should think of is probably the negative news and the control from the forces behind the bitcoin, nothing is too weird when we always hear bitcoin is a tool to make money for hackers and fraudsters then the pumping and dump of the whales, danger is always beside and no one is responsible for the loss, which makes many people afraid to invest in bitcoin |
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Not a bad idea, but maybe you could save the address of that wallet so you could add a bit more to it in the future.
Would be great if you add some more on special occasions, you might not have too much disposable income at the moment, but that should change.
- I feel the opposite of you, it's not an interesting idea, his nephew will not be able to understand bitcoin and can not use that 0.01btc in a useful and perfect way, he can give his nephew more interesting toys, instead of bitcoin. You should not rush to deny my opinion, in the future is something that we can not predict, bitcoin has continued to grow or collapse is a difficult thing to say, many people have had similar thoughts to you and I can clearly see the fear, even their shock when they look at the price of bitcoin right now, there is no evidence that bitcoin is forever or future |
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hold if you believe the altcoin you bought has a good future. and you should not do cut loss because I think you will get a pretty high loss. and finally make this a lesson for you to do better in the future
- First, we do not know what will happen next, so we should not encourage them to hold or cut losses, it just makes them have blind faith and a regret in the future, we should tell them more clearly that this is a situation in which they are forced to bet and sacrifice. It means that if they think and analyze the altcoin can return, hold and wait is certain but the worst case is their account will be very low when things are not as expected, conversely, if they feel things are very bad, they can retreat and secure their remaining money but they may regret when altcoin can recover, in short, that is called the bet and sacrifice |
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As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?
This happens just when a man can't conquer his passionate feelings of dread and fall back on offering it even in a low cost not suspecting that a dump cost won't endures longer in the market,just a brief one.So one ought to have a solid heart and mind and ought not be driven with fears since it will just influence you to lose in the event that you can't beat it. - Fear is also a reason that makes many people sell their tokens at very low prices and ridiculous, however, we should recognize the deeper cause in this regard, it is the balance and ability to control the market of the big players. They know the price increases forever or the price drops forever will never be a favorable condition for making money, so they need to adjust and create mutations to make the price become extremely low, accumulation and pumping at a higher price, precious token or not is still not important, their purpose is only the greatest profit possible |
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They are telling them because it is the only thing they had. They are not trading bitcoins anymore. Remember they banned bitcoin in their country right so they better to increase the value of gold rather than bitcoin to keep the balance of their economy and they wealth in their country.
- I do not think they are no longer trading bitcoin because their country is the place to control a huge amount of bitcoin, they did not prevent Bitcoin, which will make many people unhappy and affect the economy of the country, the ban is just a symbol, meaning that they support other countries in fighting bitcoin but in fact, bitcoin in China is still very popular. In addition, they encourage people to buy gold and silver, perhaps that is their next plan, controlling the price of gold and silver, China is always the country that wants to dominate in different fields |
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A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
Bitcoins will probably reach $50k dollars by the end of the year because most of the investors today in the market are just waiting for the price of bitcoins to drop into a very low amount and they will hoard a huge amount of coins. - You are hoping for something that is almost impossible with bitcoin in 2018, you can clearly see the difference between 2018 and previous years, the market seems quiet and not exciting, investors are probably planning a terrible plan. Regardless of small investors are still lamenting on the market, the whales maintain their plans, I do not know their plans, it could be a desperate collapse or it could be a revival of a king, whales still do not give any feedback on this, my psychology is now in an alarming state, very worried |
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No, I don't think so, many altcoins are not instant reached the top 100 before, like as the DCN, DNT, CDT, all the ranking are over 300 in last year, but now all in the top 100 in CMC, if the project is promising, the ranking will rise in the future, and good to buy the potential crypto for the long-term investment.
- It was a period in the past, when altcoin still in the development process but now you should know that the market has gone through several stages of development, altcoin seems to have got their foothold in the market, replacement is very rare, which means that investing in altcoin not in the top 100 will be dangerous. Especially when many projects are created just to attract the money of investors, these projects have no practical value, it is only used for pump and dump, the best is that we still should choose altcoin of the top 100 and has potential |
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looking at the current market conditions, your statement may be true, even though it is only entering the initial q3, but this shows the market conditions are very sluggish, no rise in value is growing, the investors have attracted their money from the market because of outstanding issues.
- Well, the market is really moving very slowly compared to previous years, everything seems to reflect us that crypto is old and not dynamic, red is probably what the market is aiming for this year, in short, all is very negative. However this market is always like a football match, not to the last minute, we still do not know who will be the winner, it can still come back vigorously, the distance from now until the end of the year is still very long, we can still hope for a bright future, the problem is that in the belief and patience, do not give up the game too soon |
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It may just be because certainly, that has low prices still have the chance of wide open to be able to rise to the high prices. but not necessarily render the warranty too for this. coin of low value is also sometimes could not rise again and even getting down and become junk coins.
- In short, low prices will have more opportunities to grow but the rate for this development is relatively low because the market trend is gradually changing, investors will focus on more potential, instead of just focusing on the value then execute the pump and dump plan. Even if a potential coin and low value, we still should not choose, everything always requires thorough analysis, big whales always know what our thoughts are and what we are aiming for, if we are foolish and go into their trap, we can only waste time and get frustrated results |
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"Do not hold all eggs in one bag" this rule one of the first in crypto my friend. I store some of my tokens on mew some another on exchanges. Actually it depends from token and is it listed somewhere or not.
- I also respect that rule, so I am similar to you but I still have some differences, I never store the token at the exchange because as you know, exchanges always have a lot of problems that can happen, sometimes hackers can attack, loss is inevitable and I do not like to fall into that situation. Mostly, I store token on the mew, that's where I feel pretty safe, although sometimes it can also be attacked but mew always informs very timely, it helps us avoid many bad situations, if the token can not be stored on the mew, what I do is download the wallet directly on the computer |
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BTC is not useful for a challenging economy, which can make an uncertain economy worse. Bitcoin is the manipulation of the rich who make them more productive and make small investors desperate in rich dreams.
- More precisely, it is not helpful for a troubled economy of a country, value and instability then combined with the problems that can occur with Bitcoin only make that economy shatter and sink to the bottom faster than ever before. However, with an individual who is in a difficult economic situation, Bitcoin can be very useful when it is the opportunity to make a breakthrough in income, the rich have only a few advantages but it does not mean that they can make small investors desperate, small investors can still resist and complete the dream of becoming rich |
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HitBTC is one of the top 10 exchange base on daily trading volume, and i been use it to trade new token that just listed on the market. And so far i dont have any problem with them, and for the yobit exchange i never know about them because i never use it but i heard many trader has problem with them,.like blocked account and they listed many pump dump coin.
- Well, hitbtc is a pretty good exchange, it offers very full features and it has the power to compete with other exchanges, especially at very low cost but in return, the tool can be used in the analysis is often very slow, it also has some problems and complaints in the recent period. With exchange yobit, although many negative news about it but most of that is about their support issues being very slow, they have no professional team to solve, also, I have not seen any related fraud from this exchange, both have different advantages, depending on the purpose, we can choose accordingly |
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The positive news about bitcoin, if true KFC received payment with bitcoin, this indicates that the bitcoin strength and confidence in bitcoin is still high, and certainly my hope is also everyone who invests bitcoin, that the next bitcoin will rise in price and can give happiness to the lover - Positive also can not change the current situation, bitcoin is almost in the last floor of hell, a few days ago it was still very good but now it seems weaker than ever, all news is meaningless with bitcoin and the crypto market. The result always goes against hope, price goes down over time, and more practical, I feel KCF has accepted Bitcoin is just a false information, investors are always very afraid of sticking to money laundering and tax, so bitcoin with kfc is just a hot flame, hugging for too long will burn everything they have |
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What's the reason for using a low-quality exchange like yobit? There are so many other exchanges that allow for no verification (like binance) that I don't think there's a real straightforward reason to use yobit. I don't see them even having any good qualities.
Could someone explain?
Because sometimes exotic tokens are listed there and bounty hunters have no choice but to trade there with cautious and I've heard some news that they are increasing their volumes just so they can scam users secretly. For my review about yobit it seems like it doesn't have the characteristics of a user-friendly platform that guides users efficiently. - Yeah, that is also the main reason, the tokens that many people hold are listed only on yobit and that forces them to trade on it, they have no other option, yobit is the only exchange that I see is listing uncommon altcoins. Personally, I feel it is quite friendly, no feeling is not as friendly as you say, but in return, their support is very slow and it has no information about the company and its founder, that made it get more negative news from the community, actually, it's not too bad, all is just the spread of many people |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Yes, I appreciate your views. This is really a great article and it can change the mindset of frightened traders. I never sold my money when the market went down dramatically because I knew everything would return to its true value. So I usually choose to hold the long term and advise my friends to do the same. - Despite knowing we sell will contribute to the dump and make the dump bigger but we still can not stop our actions because what we are losing is money, maybe you are someone who holds little bitcoin, so the dump market will not affect too much to your mind. However, for others, people who hold a lot of bitcoin, you can imagine that what they are losing in a day with the dump market is huge, that could be several hundred thousand to several million dollars, the psychological pressure from it is very terrible, fearing and contributing to the dump is inevitable |
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At present, the market is downward trend, Bitcoin price is very low. We should not sell at this point, because there will not be much profit. The best thing to do is hold patiently and wait until the market recovers. Besides, we can also buy Bitcoin or other potential altcoins like ETH, LTC, ADA, NEO. I believe that by the end of this year Bitcoin price will be over $ 16000 and bring us a lot of money.
It is your guess and does not have any accurate information on this. Almost everyone expects a price increase by the end of the year, but I am sure the price will drop by the end of the year. The whale and trader battle will never end and when you hope for more at the end of the year, it will certainly go against. The best advice is to only buy when the price is low and sell immediately when it is profitable - The future is never sure, what you are saying is hypothetical and imaginary, this may be true in the future or not is a difficult thing to say, the market still has no sign of recovery or a continuation of downtrend, it seems that everything is leveling off. Although I do not know what will happen next but I know that we should be careful with this market because in recent times, it has made us realize that it is not a permanent increase or a steady increase, all just a belief, it could collapse at any time, if we do not plan to deal with that, the damage will be us |
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Everyone is holding and saying prices will go up again what can make prices go up again ? I do believe it will go up but not like last December unless something comes in and changes the market so what do you think it could be ?
Holding your coins right now is the best thing to do because the market prices are currently decreasing, holding your coins today will guarantee you to earn more profit in the future. - This is not entirely sure, everything is depending on what you are holding and your luck because the crypto market has yet to show us a strong development in the future, there is no basis, what many people say about the future of crypto, all just predictions, even rumors, no authenticity. So if we hold on for too long, sometimes the price will not increase again and of course, this means we will not get anything after a waiting period, in addition, if the coin we are holding is not a good choice for the future, the opportunity for us to end up in the loss is very high |
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