I don't think crypto will take over banks ever because some people are just too stupid to be their own bank.
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Main stream hype is also slowing down so don't expect too much of a bounce.
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If it isn't really worth anything it doesn't hurt to just hold on to them.
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It could be the future or it could be something worthless that was all hype and speculation.
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There are more and more ICOs out now but there are still some good ones just harder to pick out.
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Everyone saw this coming even the ones who put money into bitconnect saw this coming.
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This is a poor attempt to steal your money do not send anything!
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Eth forks don't really have value, but it looks like any bitcoin forks can get listed on binance so try a bitcoin fork.
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It could just been a mixture of FUD, people taking profit, and people cutting losses. People who went into crypto a month ago are still up so they probably didn't care about this drop.
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Real use case for any coin hasn't been proven yet which is ridiculous but there are some that look promising.
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People just care about what is hyped at the moment they don't care about the price apparently. Look at tron for example it went up 150x in a month and same for raiblocks, these pump and dumps don't live long.
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Too many new main stream people are in this already, don't see any growth worth wild to get in this.
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Didn't buy or sell will see how this plays out.
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They hype of crypto also slowed down a bit so I think that will affect this bounce.
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Buy a little now and buy more if it drops to cost average down but buy only reputable coins.
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This will end faster than bitconnect be careful of what you're getting into.
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This market is purely on speculation which is why it is so volatile and given the recent up rise people will still be happy to take profits at these levels.
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Don't put in more than you can lose than you wouldn't be so worried and this is crypto where everything is solely on speculation.
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Everything was already going down before any of the FUD.
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At least something good came out of this. Hopefully all the useless coins die off from this and the ones with real use cases comes back strong.
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