2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.
As of now, altcoin price is not moving. They remain on their same price except ripple. We all know that a slight price rise up happen in ripple before. I think it is because of the bitcoins prince since the value of some altcoin including ripple is dependent on what will be the price of the bitcoin. Lets just hope that after the halving, the price of altcoin will be affected after that event.
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Investors tend to invest in new projects because they see something into it that is very promising that is why they take the risk. We all know that some of them do not want to invest in new projects because of what happen last year that almost all of the altcoins are scam. Also, they do not want to invest in old altcoins because they want to try something new.
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If you are going to print an additional money just to pay the debt of the said country, the value of the money that the country has might become a trash or might lessen its value since the volume or the supply of that money is high. Meaning, the higher the supply, the more chances that its price might go down like what happen in the Venezuela. The value of their money became useless that is why they decided to have their own cryptocurrency.
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Cryptocurrency helps a lot since the day that it is become part of the transaction in terms of business. It provides a faster transaction that will lead to faster movement of the economy inside your business. I love using it since it fasten the transaction like what I have said since it is now digital and can finish a transaction in just a snap.
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According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?
It is impossible that the governments is the creator of the bitcoin. We all know that the cryptocurrency or bitcoin wants to be controlled by the government and the bitcoin is decentralized. It is impossible to make a currency that is decentralize but then you want to control it. The idea of government is contradicting to the real use of the crypto.
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stupidity is so close to poverty, do you agree with such a phrase? if it yes, means the poor are the fools. I want to know your opinion. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Lets relate it in cryptocurrency. If you are going to invest in crypto without a proper knowledge into it, you might lose a big amount if money because you do not know what you are doing. You must always do some research first before doing such things to avoid losing money.
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Should i hold until Feb 21nd and sell it? or Sell it now?!! What do you guys anticipate in BTC price until next month?
What you can do is try to sell your bitcoin depends on the money that you will be needing so that you still have an investment and has a chance that it will grow even more. Also, check if it is reasonable to sell it all. If the value of it rises up before feb 21, sell it all since that is a chance to gain profit into it. But if not, sell a part of a bitcoin only.
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Cryptocurrency helps me to sustain my everyday needs. What I am doing is that I am going to invest all of the extra money that I have in cryptocurrency. After that, I am going to sell that investment if the value of it is higher than I have bought it so that I will be able to gain income in terms of trading it.
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As the subject goes, what could be the main factor? Famous developer, Media reputation, MM... or Just technology itself?
For me the best reason why the altcoins price is continuosly increasing is because of its popularity. Investors nowadays tend to check most all of the altcoins that is already existing and invest into it since they do not want to invest in the ICOS anymore. They try to check the ranks of altcoins in the market and invest into it. Once the coin is on the rank, for sure it will become popular and going to be trusted by investors.
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Actually I do not agree to your statement. We all know that being decentralized is very important on the side of cryptocurrency because it will make its price fluctuate any time depends on the consumers supply and demand. If there is someone who controls it, it will bypass the main purpose or cryptocurrency which is to have volatile value and let the supply and demand of the people decides what is the value of it.
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Now the price of Altcoin is medium. If you look at it now, many people are involved with cryptocurrency. Altcoin prices may also be good in 2020 as cryptocurrency is allowed in many countries. If cryptocurrency goes legal around the world, the price of Altcoin may go up. Is it true?
If the price of the bitcoin this 2020 rises up, the value of the altcoin will for surely gonna rise up also since the value of altcoin is dependent on the current price of bitcoin. When the bitcoin price goes up, altcoins price will probably gonna rise up also. Lets just hope that this 2020 the effect halving will happen so that bull run will happen.
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They think that when they are going to invest in crypto, it is a instant money. Little did they know that cryptocurrency is a type of long term investment that requires you to wait for the perfect moment to sell your coin so that you will be able to earn a profit. Those investors who are impatient will for surely not gonna succeed in their crypto career.
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Fiat money's price is being declared by the government and the price of it will gonna go up or down to their country since it has been dictated by the government. Unlike bitcoin or cryptocurrency that the dictator of the price of it is the consumer itself that is why it has been called volatile meaning continuously changing.
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Bitcoin is controlled by no one and we all know that. The only thing that they can do is to manipulate its price buy hoarding the huge amount of bitcoin so that the value of it will become higher or lower depends on what they want. This people are called whales in the cryptocurrency scene. They are the one who holds a huge volume of bitcoin and store it as long as they can.
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As long as there is someone who continuosly supporting bitcoin it will still remain. It will continue to work and its price will continuosly going to increase. But I have a doubt. Bitcoin is decentralized. Anytime it can vanish since they do not care about the rules and regulation since no one controls it. So they can vanish whenever they want.
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Does bitcoin being accepted as a payment in real estate? I think that is impossible since we all know that the value of a real estate is too high. They might not trust bitcoin that much because there is a probability that by the time that they have paid using it, the value of it might become lower. So in my case, I would like to recommend the fiat money still for transacting big amount of money like real estate.
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I am now involved in the cryptocurrency because of the influence of my friends. I want to be independent that is why I look for a sideline job that might help me to be able to earn money and sustain my financial needs. My friends introduced it to me and started participating in the bounty campaigns. Luckily I learned a lot and from it and started to earn.
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Ethereum is About to set new high in this year . Most of the new and previos Projects are on the ETH platform.
If the market is going to grow continuously, the ethereum price will probably gonna go up also since the value of the ethereum is dependent on the price of the bitcoin. When the bitcoin goes up, the value of the ethereum will go up also. The prediction on the bitcoin price after the halving will be 100k USD. So maybe, the ethereum will set its new highest price again.
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Take note: If you are going to invest in bitcoin, you must first have a knowledge about what is bitcoin so that you know what will happen to your money if you are going to invest into it. You must be mindful on every move that you are going to do since it has a high risk. Meaning, it is all or nothing. So you better have a knowledge about it first before investing to avoid the lose of money.
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What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
It will probably gonna boost the economy of a specific country because we all know that cryptocurrency provides a faster transaction. The faster the transaction the faster the movement of the economy that is why if they accept crypto as a part of their transaction, it will for surely gonna have a huge impact to the economy.
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