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I think the relevance of market price for a coin is not as deterministic for a coin death as much as the market users. I find this as similar as when a coin starts, initially is low in price but it rises with the more investors there are. So as long as there's optimism about the coin, it wouldn't go extinct- it's my opinion.
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I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.
What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.
I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.
I feel this is very much a personal call. It won't work for anybody and there will always be skeptical people. But if one can research well into their coins I'm sure will already have taken your advice. |
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I agree, one major argument I hear from most people is the energy required for mining. Currently, yes, its very expansive and carbon foot-printed so to transition to carbon free energy is not easy, plus it would initially be limited to certain places with lots of sun, water or wind.
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In my opinion, if by some misfortune the world was going to disapprove crypto then we would be to stupid to let this go. The potential crypto has is immense and the way I see it, cryptocurrencies will only get bigger and more competitive, maybe even drive the world to digital currency.
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Its nice of you sharing this with us but this is one of thanks but no thanks. People much prefer online bettings, this is why casinos are not doing as well as they used to.
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Steller in itself has performed well but I do not think it comes nowhere near being the killer of ETH. For me ETH is still the second best coin on the market.
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Well, yes, combining fiat currency with anything else, in this case cryptocurrency is far better than having fiat currency alone. I believe this is good because there might be a point where competition between the two types as payment would lead to further improvements in the crypto world or vice versa.
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For me https://coinmarketcap.com/ works just fine for what I need to look at but Im sure there are more sophisticated charts available. |
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If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.
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Its a step forward for sure but it won't deal with the cyber attack issues. I also feel that having the wallet on your mobile phone is less safe than having it on the PC.
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Nothing is for free in this world, there's always something. When it comes to BTC the only way I see it to get free BTC is by having an enormous amount of luck and be damn good at gambling. I do not see it any other way.
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I've always had the impression that Ripple will recover and it would do better but in my eyes this coin has not been proved to live up to this. So, honestly, right now I don't believe in it.
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There are some who are too inconsiderate. Like even if it is not stated in their rule but because they believe they have all the power to twist the rule, then, they won't forgive you. All left to you is to accept the fact that you were working for free on that week and you try to cope up on the next weeks.
Most good ones do not do this. Then again, its your responsibility to ensure you understand the task you're taking. Anyways, in my opinion, good bounty managers are beasts, especially if they are conducting a lot of them simultaneously, coz it takes a lot of time, for such a not so challenging job. |
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Not many people/traders see it as a competition but even so then it wouldn't be a bad competition since your only aim is to gain bigger profits every time.
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I find that it is particularly hard to dissociate away from your emotions because the crypto investments is all you think about but I do see your point and I do agree that we should make more of an effort on it.
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This is to be expected or otherwise normal market behaviour. People should stop over-reacting to such price fluctuations, it initiates this negativity market which is not what we want.
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I'd guess the same as it would happen to the rest of the world! Everything will be collapsing and everything would be based on immediate survival and I do not think Blockchain would be a priority then.
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No, this can't be the end of Ethereum, it literally only gone down a small amount! ETH has much further to go, at least that's what I think.
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BTC is actually not very practical for payments and transactions for 2 reasons :
* High transaction costs
* Slow confirmation times
The reason for the high transaction costs and slow confirmation times is because of the block size which is very small and thus makes the network congested with unconfirmed transactions which drives the costs up, I agree with both of your arguments. And this just points to the fact that e need a radical change before we see crypto payments fully implemented across the world. |
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I guess, this strategy of buying and selling fast can be OK but its my believes that it has certain shortcomings, which is why I won't use it as a rule in trading.
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