Bitcoin could never die. I don't think it's possible to stay under 6k. Maybe in future some altcoin with better features takes market cap from btc, but hardly.
It's basically good idea but there were just too many ICOs with that story, I remember darico but I saw others but not participated in them so I didnt remember them. If Tether can be backed by some ammount of $ I dont see why some other token couldnt be backed by gold!
technical analysis can be obsolete if anyone can dump the coin to zero.
This is the key! You cant use technical analysis on low vol coins, and in crypto there are just too many of them. Best way to use it in crypto is on total market cap of all cryptocurrencies. 200 bilion dolar market is not that easy to manipulate.
There is option of selling your social media, youtube and gaming accounts for crypto, I saw that here on this forum, and youtube views and various other things.
It's a good thing that we have more exchanges as possible. There are such a good projects and cant be listed anywhere because big exchanges are getting greedy every day more and more, asking for enormous ammounts of money for listing, and now with their kyc they are branding us like in Ausvic!
When bitcoin mining stop there will always be some new coins to mine. And if no one want to mine anymore cuz it's not profitable, networks will continue to work, they will just lower the diff and use their own rigs to proces.
BTC hit 6k several times this year, and bounced back up relatively fast, but this is worst altcoin beating in 2018, and I think that 99% of us who are trading on exchanges are bleeding out now!
I think that best thing for me now is to get out crypto world for at least few months. I'm afraid that i would have weak hands sell all and lose big time! That happened to me once before BTC -BCH fork, I sold btc at 1800$ and all alts in usdt and couldnt belive what happened with the price few months later.
This dip is just too much, and I don't have any more money to invest in it. Bloodbath! I lost what I can and can't afford to lose! Only thing that is holding me now is that it's not lost until I sell. But who knows how lower can it go, I would never suggest that it can go low as this!