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I think that a large market growth has already begun. There are many signals for this. Falls are getting smaller, positive news every day more and more - it's time to start a bull market.
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Market itself will sooner or later adjust situation with hundreds of unnecessary coins and tokens. If they are not claimed, their capitalization will decrease in favor of stronger coins. It will not make sense to create new projects without success, and market will be cleared accordingly.
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Based on increasing number of positive news related to the cryptocurrencies, the market is on the rise. It is likely that the end of 2018 will be similar to the end of 2017 in its upward dynamics.
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Panic sellers today are active buyers in the bull market. There will always be a certain part of society that takes the most illogical decisions. If this contributes to developing the understanding of the market and increasing the experience - it's good even for them.
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If bitcoin is legalized, even with restrictions, this favorably affects its popularity and capitalization. Simple prohibition of bitcoin in the Internet era only develops various anonymous networks. Appearance of any legislation regarding bitcoin is a good step for crypto.
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ICOs doesn't harm bitcoin in any way, but, on the contrary, increase popularity of cryptocurrencies, including bitcoin. Capitalization of bitcoin may even increase as a result of some ICOs in the case of fundraising in the form of bitcoins.
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Telegram Username: @privatoria07
Participating in: Signature
ERC-20 Address: 0xCd3Ce3b3Dd08C595731bCFbb763cBc72BB6F41ae
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I think that we need to look more broadly at what happens to the prices for bitcoins. A similar situation was already in 2013-2014, but bitcoin after that only became stronger. Now the situation for bitcoin is even better than it was then, because people began to get used to it little by little.
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The greatest advantage of bitcoin is its decentralization. It is unstable only because of its small capitalization these days. When it will be accepted everywhere as a currency, it will be very stable.
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I agree with you that it is very strange if some project collects money without presenting the team and White paper. There are some open projects as Linux, but they don’t collect money and they are developing only by volunteers.
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People who use laptops for mining waste their resources. They receive a few cents a day, but in the end they will pay much more for repairs after overheating of components.
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It is related to not so good performance of the newest cards and overall stagnation in the crypto market that will continue until the end of the year.
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Also it is better to stop Software Protection on mining rigs – it consumes a lot of resources. You have to open Regedit, go to HKLM\SYSTEM\CurrentControlSet\Services\sppsvc and modify number in "Start" to 4. This will disable the service after you restart and you will not have CPU wastage.
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It means they perfectly know that their new cards are not so good in mining and there is almost no difference with GTX1000 series cards.
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In a view to decrease hot temperature you have to downvolt your cards at the minimum. It is very easy to do with MSI Afterburner for Nvidia cards (800mV and -400 Mhz on GPU Core) and in BAT-file for Claymore (840-850 mV on Core and memory and 1100 Mhz on Core).
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I’m successfully using one PCI-e to 4 PCI express adapter bought on AliExpress. It is on Z370 chipset ASRock motherboard with 4 PCI-e slots. No problem with installation and mining.
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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
You are absolutely right. As I see there are special campaign to destabilize situation and force people to sell bitcoins at low price using panic behavior of the crowd. |
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I think it is stabilized near 6,000-6,500 dollars until ETF decision will be taken. After it prices will go to the Moon. It will bring much more money on the market and have to stabilize situation.
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The main reason is the small scale of the market. That is why it is unstable and can be easily destabilized. Therefore, large manipulators keep it at a low level to buy a lot of bitcoins and other reliable coins at a low price.
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