maybe if bitcoin becomes centralized, then the government can accept bitcoin because they can take full authority over bitcoin. the first step is, the government must provide clear regulation to bitcoin, to further take that authority and make bitcoin like ico which is centralized.
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even though he said that, it did not mean that the bank was no longer needed. there are many things that must be solved for the crypto world. the first, even though there is cash, but bitcoin is not yet a global currency that is approved by all countries to make transactions. therefore, banks are still needed by crypto users to exchange crypto to fiat.
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it could be, especially if crypto does not immediately get clear regulations from the government. because as crypto growth and increased use of crypto can affect the bank's performance. especially when making transactions abroad, if you use crypto it will have no effect because the crypto value is the same all over the world. while a country that imports / exports aims to improve the economy and increase the exchange rate of their money so that the currency becomes stronger and the bank is also getting stronger.
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why not sell when prices go up to the month at the end of 2017, and instead you are waiting to rise again but what happens is that prices fall this year. Crypto market can never wait, so just sell when it's already profit. and when you experience falling prices, then hold, because the market can still rise again. I myself started crypto from the bounty campaign, and continued to investment, so I can enjoy enjoying the game on this crypto market.
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some of the things above that you mentioned are positive. but seen from other aspects, such as the decision of the Goldman Sachs which is rumored to be attracting more investment in bitcoin because of unclear regulation, making bitcoin not yet emerging from the downward trend.
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I also don't believe 100% if whales are in control of the market. if it really does control, why don't they control it from the beginning or a few years after bitcoin is created? maybe you will say "because this is the right time, because the price of bitcoin is expensive". In my opinion, if it is whales aiming for one profit, regardless of price, provided they have made a profit, they will do it. more realistically the cause of bitcoin falls is, the decrease in demands on bitcoin and investors who actually withdraw their investment.
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I have a question, when bitcoin is mined, the supply in the market will decrease, right? but when whales sell all their bitcoin in the market, is the supply recovered? so the price goes back down? actually in the cycle where we are, bitcoin is mined, bought, and then sold again, like rotation on a wheel.
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sure that prices will rise, but to return to the same as the end of 2017, it's difficult. especially for etherum, reaching only $ 500 is already a good achievement at the end of the year.
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this is normal in an industry. when in the crypto industry, one bounty campaign achieves great success, so many new bounties will emerge with their new projects that will look different from others and also promising investment profits. no wonder if there are so many bounty campaigns now.
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no big effect because celebrities just promote it without any action at all, for example as one of the big investors in crypto itself so that it can help the crypto market at the pump again. promotion is just a promotion, and does not attract investors.
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to recover prices like at the end of the year, yes no. but to at least rise a few%, there is still a possibility. Seeing many eth investors who choose to leave, I think you are right.
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actually not dependent, but affected. because crypto market depends on supply and demands, while the highest demands on crypto are on bitcoin and etherum. so it's natural that the price of the two coins is very influential on the crypto market.
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this is just a speculation based on the crypto price chart in 2017. good, and hope that will happen. but if you look at this September, there is no sign of crypto market getting better.
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to be honest, I want to get a large passive income outside of my permanent job. I make crypto as my homework, and I always expect large profits from crypto. whether it's trading, or bounty.
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eth may be replaced, but not cardano. eos, and stellar actually has a better chance. especially with stellar step which is now a platform for bounty.
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the most important thing is don't be lazy, and be diligent in searching for information about crypto and the market. in this forum, it's important for you to learn about ico, because here you will definitely enter the bounty campaign.
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I also began to doubt, currently the ico pre-sale process was running long enough. it's natural for them to pursue hard cap ico targets. it is reasonable if the process of listed on exchange is also long, and when the soft cap does not meet the target, then it can be ascertained that the exchange rate will drop from the purchase price.
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of course etherum. but I have had experience with my token that has a platform on etherum, that is, referral. and at that time I got the exchange rate reaching 4 eth when the etherum price was $ 500. I always smile at that time . I also have 3 others, namely ripple, waves and eos.
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I think this is very good. From this incident, many people have understood the market and the factors that can make it dump or pump. I hope that not only do I start investing and crypto hold (not only bounty hunters) and do not panic sell on a large scale to make the market more stable.
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in the crypto world you can do it with a bounty campaign. for real investment, all need capital, including to start a business. You can also sell online in digital files, for example a child's birthday invitation. You do not issue capital or buy first because you sell your work that you created through photoshp or coreldraw.
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