Ethereum's rise was a clear pump and was intended to trick people into buying in hopes of getting more of the incoming forks' coins. The dump in the market is a proof that the last time rise in price was made to get people into buying. This is a bad period for those who are not much experienced and also those who do not know those events that lead to the rise and fall of coins on the market.
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As you said, the future and nobody knows the future but we can predict the future from the present. Looking at the technologies behind bitcoin and ethereum and the recent technologies, I can clearly say that people have now understood the blockchain technology and there is a possibility that a project might be on top of these two technologies
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One simple difference is the time frame within which they are done: Airdrop is a one-time task done to get rewarded. Bounty is done more than 1 time before the participants will be rewarded.
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I perceive this dump to be the normal dumps we see prior to a hard fork. I am not surprised now but one must remember that it is easy to dump than to buy because you might not get in at this cheap price again. The same people who have dumped ETH by more than 8% in less than a day can pump it without your notice an you will have to buy high now.
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Altcoins are all cryptocurrencies other than bitcoin. In this definition, we can conclude that the usd crypto versions that are tied to the price of the usd dollars are also crypto and for that matter the most stable altcoins. Example include, usd, true usd and many others.
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It would have been a very big mistake on your part if you decide to use all your money in crypto in general. Do not fully trust this business in which we are. Always be prepared for an exit scam so that if you hear such stories, you won't be surprised.
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I personally will go in for bitcoin. I am currently a holder so I like coins that I will hold for a long term and looking at things, the only way to get a trusted coin is through buying these the best cryptocurrency I ever knew in the crypto world. I see a good fate for bitcoin in the coming years and for that matter, I will go for it for investing.
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You made a good choice as this is how I also do my investment in crypto. I do like only the top coins on coinmarketcap because going for those cheap ICOs tokens just sets me into a death trap. ICO tokens are worthless to me. They are only in to destroy our monies.
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for short term, I suggest that you buy ether because of the upcoming hard forks that will begin from 11th to the 16th with the 16th being the major and the most accepted. But I advise you to be very vigilant because the price may drop immediately after the snapshot is taken.
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I fully agree with and and would like to take this opportunity to advise all friends here that they should be very watchful of the ICOs they partake in of late. most of this projects of late are organized by some hungry guys who are always in search of quick money from crypto noobs.
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The possibility of ethereum returning to $1000 is very high but i do not think it will be immediately after the hardfork. My technical analysis done on the current market tells me that there are two major sides forming...It's either we see a massive gain or we remain at low prices through out the 2019 year. This will be determined by the major events such as ETFs and hardforks of the 2019 year. I wish all these bring positive results to the crypto world.
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That was a good advice by the OP but he could have made it simple to the newbie by giving the link to cmc to help look for coins that are doing well over there. There are many projects out there with active development but the price isn't going well. An example is the nano project. I really like the whole idea behind it but the coin has low price.
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The decision of SEC over these ETF matters has a great negative impact on crypto. it is more visible when the ETF is rejected or postponed. We are all passionate about this ETF being accepted to stop a negative impact on crypto in general.
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The fact about this whole is very simple. You must all understand before a coin can overtake bitcoin's position, it means bitcoin must reduce in price drastically. We are all here and we all know that as bitcoin price reduces, the price of all other coins reduce. So will ripple overtake bitcoin when both are reducing or increasing together. This simple analysis strengthens me that there is no coin that can overtake bitcoin.
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No quitting point price for me. As long as crypto lives, bitcoin will never be a coin to leave in the crypto space so I am not going to set a quitting point for myself. This is a bad time for crypto that is why we see the prices very unfavourable but things will turn the other way soon.
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It is very worrying to even remember that I had coin that were worth more than 20Kusd and now they are worth below 200$. I have regretted a lot but it is only for experience reasons. This wouldn't happen to me again.
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Divide your money in 5 parts and look for the top 100 coins on coinmarketcap. they are still low so they can give you high returns during the bull run but do your own further research before investing in any of them.
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Ethereum is never disputed to be the king of altcoins despite new projects that seem to be better than the ethereum net. It is same for bitcoin because the old ones will always be given that title of "king"
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There was a little correction in the prices of crypto but that doesn't mean it will remain there. Corrections only makes a way for new investors to be able to come in the market to increase the total investors. I am hopeful that Neo is no exception, it will get to the 200$ price again.
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