Bitcoin SV will likely be a pump and dump coin, people tend to give the BAB more attention all because of Jihan and Roger but Jihan have much of his money tied into wrong business and hige inventory that he can't sell unlike BSV that have a Billionaire backer and just showing their muscle i the space. It will be good to keep watching how these two play the game of thrones
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The bearish year has wipen out bad projects, in general, it is good for the whole crypto ecosystem. Bad projects should be eliminated somehow; and bearish year help us totally free. I think it is very easy to say bear market will wipe out bad projects, not just bad projects good ones also, the only issue have have with some of these developers is their bad management of their treasury, some of these guys are just good developers and not business people and because they lack the business side of their project the who project will suffer and possibly die. What has happended is like a reset of the whole space and we are starting at pre-2017 all over
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ICO will end in 2019, as we have seen late they are struggling to raise money from the space, and I expect this trend to continue, no one want to hold useless tokens with no use-case or utility, something is telling me we will likely see people warm their hands to STO tokens and if they get this right it could relegate ICO for life and bring new hope to the space
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I expect the dump to continue till the last week of the year then we bottom out, I feel the dumping will stop around this time because there won't be any incentive for people to dump around this period because the market price is already very low, and this means we have bottom out and side ways movement from there until confidence and new money flows into the space
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Istill feel Ether price will hit less than $50 this year, until this ICO developers stop panic selling, I feel projects like Golem, SINGUlarity and co that raise Ether when the price was less than $10 will start watching the price and by now will say we will need to sell if the price cross this level and that could trigger the next waves of dumping IMO
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#Proof of authentication Joined campaigns: signature Bitcointalk username: jacafbiz Telegram username: @jacafbiz Starting Post Count: 1580
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I believe this project is a scam, how the team got me convince to invest into the project is still a mystery, the team will surely be found out soon, how many people do you guys know that are working on their platform, One and this YouTube guy that is their marketing guy. Collecting this much money and me that I know little to nothing about UI will never deliver this rubbish exchange, so many exchanges in the space started from nothing and have better user experience and interface, but very surprise people in the space decided to keep quite and call the team out because it is very obvious this is a scam unless most of you have no skin in the game.
Another issue to raise is do anyone know the BTC address they are holding the fund, I tried to track the fund using the address I deposited my fund into be not successful.
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I don't know I fear for this project, I don't know how much fund they have in FIat now because of the collapse of the market, but if they don't and the bear trend continue I don't see how they can deliver on their promises, I am not saying this about Starbase project alone but almost most ICO projects in the space
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There is no sin in having a threshold, we need to know how much loss we can stomach, a lot of people have lost fortune to this HODL phylosophy of some people, but what we see is that those preaching HODL are doing opposite of this and are selling to buy dip. What I would advice people is to see what people are doing and not just sit don look
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Craig Wright as known as faketoshi is the main person behind Bitcoin cash war and this dump in the market, now he is selling all his Bitcoin Core crashing the market and he is using the money to buy BCHSV to make the price go up, this is clear manipulation and he is destroyimg trust in crypto, we should boycott BCHSV and vanish it from the market for others do not do it in the future(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h).
Is there any proof anywhere that Craig is sell his Bitcoin, what happen in the space is pure price and market manipulation, why was Altcoins bleeding if ti is just BTC that he was selling, I don't think he doesn't have Bicoin but to manipulate the price of BTC this is No, and why is BCHSV still low if he has huge fund to pump it up and make it a darling of exchanges because they make money from trading fees
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I have no doubt in my mind that BITCOIN WILL HIT $20K surpass it, but will first of all need a foundation to build upon first, I could remember when we started the bull run of 2017, it was $1k price range that was first respected for weeks before the bull run started and touch $3k, then $6k then $10 and then $20 which happens in 35days
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This is not the first time this year people have been calling out the bottom, but this seems to be real this time. We need to understand that the market crash we see this year is because of the market manipulation especially the bear actors and the Whales, for me both exchanges and even whales are now hurting and will require more money to push the market up now IMO
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This is not a new beginning, market rise and burst is part of the market cycle and we need to understand this fact, Gold price has had its up and down also and I don't think it was said it is a new beginning the hope we have now is that the potential for gains in the space is much more than the loss
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This is shouldn't be an issue, there the various method has been proposed before by different campaign and it all work out well, we are debating the issue of stake now because ICOs are struggling to raise fund in the market and is affecting bounty campaigns and participants. I think both have their advantages and disadvantages but the main thing for the bounty hunters is for the project to become successful when is successful no one will be concern about what he gets, or how he get it
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How people have started again, for me Bitcoin having a upward reversal depend on the events and news entering the space this late 2018. BAKKT launch in December would have helped greatly but was postponed till January, for me I just have an open mind but don't see any major drop again this year unless people start talking profit for festive period
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What 2018 has shown is that regulations is around the corner, we can not deny this fact, the rise of ICO caused this, when new coins were created through mining this wasn't the case and if ICO or STO as it is now being branded regulations is inevitable, we just need to hope it does not kill or stiff innovation in the space
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We do need new people to enter the space, because what Crypto offers is freedom, but the issue I have is that there are alot of scam projects being promoted around and when you talk to them about BTC they think is another Ponzi-like scheme. What they ask you is how much you can make in a month investing into it and this baffles me alot, because there is no answer to their questions but just to enlighten them the power in having financial freedom
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I have no issue with Stablecoins if the team can proof indeed they are backed with real USD or Fiat it is backed. We truly need them, because people don't need to be jumping in and out of the market from Crypto to Fiat every time there is a market movement. I believe Tether situation this year is even one of the things responsible to the bear market. If it is done right good luck to everyone
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This is setting the pace for ETF approval, one thing I am sure of is that ETF approval is close by, all these companies and names are influential and have huge lobbying power, they are laying the infrastructure for this to happen 2019 could surely be the year, my main fear is just price suppression by these people
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I do like all the points raised but there is a poison distribution in statistics and if you calculate the probability of Government defaulting on the bond payment, Earthquake happening in an area and precious metal prices tanking they are very low. NO risk, No reward and this is why I always for active managing your investment so as to adjust to the present reality
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