The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.
Of course, the new altcoins will affect the value of old altcoins in one way or another. But I don't think the new altcoins will affect the major altcoins in the market such as the ones you mentioned which are Ethereum, Ripple, Dash, Monero, and others. Top altcoins are best altcoins so it's unlikely for them to die. I wonder how new coins / altcoins can affect the price of old altcoins. If I’m not mistaken, then now there are units of new projects that can occupy high positions in the cryptocurrency market, have high liquidity, demand and a good price.
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You did the right thing that you created this post about wallet hacking. You need to be careful and keep the keys in a more secure place. I think that everyone is mistaken, thus obtaining inconspicuous experience, but the most important thing in this situation is to draw conclusions and not repeat these errors.
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I think that cryptocurrency will be able to use as a means of payment, but I think that this will not happen soon!
Maybe you missed something, but crypto-currencies can already be used as a means of payment, and the number of establishments, shops that accept digital currencies as a means of payment increases.
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at the moment, I use cryptocurrencies as a value saving or as a way of investing, because in my country, they have not yet accepted cryptocurrencies as a means of payment. but in the future I am sure that we will use more cryptocurrencies as a payment method.
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I find it hard to believe that bitcoin can be banned in all countries, since in some countries it is already accepted as a means of payment and its popularization is gaining momentum, but it can be assumed that if every country strictly prohibits operations with bitcoins, many people will stop investing, and to use him
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Of course, I really want the price of Bitcoin to grow quickly, as this would mean that the prices of all altcoins also increased, but we need to pay attention not only to the prices of coins, but also to technology, such blockchain, which are gaining more and more popularity and worldwide recognition.
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After participating in several ICO project, which turned out to be scam projects. My hard earned money disappeared in to thin air, with no way to trace or recover my money back. I had to act like it never happened to get it off my mind and move on.
Are ICOs really dead and do you still invest in ICO projects?
I sympathize with you that you have lost money by investing in ICO, but now it’s really not the right time to invest in projects, since it is not profitable, and many projects do not want to conduct an ICO in such market conditions.
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These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us. It will get to a time that we just have to choose between Regulations and Anonymity.
In my opinion: If blockchain is redesigned without privacy, everything will work fine. Full KYC will make scams impossible. What is your take on this?
I value my privacy more so I prefer Anonymity. And how full KYC will make scams impossible? In countries like Hungary and Bulgaria, you can't buy prepaid SIM cards without ID. Do you think this solve the scams with phone scammers? Nope, criminals just hired gypsies to register cards on their names for 10-20 Euros and then everything continue in usual manner. This was just a simple example. In countries like Croatia and Slovenia you could buy a SIM card from every kiosk or gas station without ID or anything for 2-3 Euros and criminal rates are few times lower than Hungary and Bulgaria. I agree with you, and I also believe that fraudsters will always find a way to deceive us, whether there will be regulation or not, therefore we need to be extremely careful. But when the market is regulated, it can be assumed that it will not be so volatile, which means that it will not attract many investors.
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After the downfall before few days, BTC is pumping and it is good to see, similarly other Alts too following it. I believe we are slowly going forward to see a good value in couple of days.
Of course, it's nice to see when prices are rising in the market, but I can’t say that this price increase for bitcoins is something special and the market will recover. We need to expect some significant positive news that could affect the recovery of the market.
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Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.
I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks
I was in the same situation as you. In the end of 2017, when there was a big rise in prices on the cryptocurrency market, I had high expectations, and I kept my coins, in the hope that their price would continue to grow, but the situation only worsened and their price decreased. Now I have sold some of them, significantly lower than the price that was, the rest I hold. Therefore, I also learned a lesson that gave me a bear market.
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It seems to me that we will not see anything even in 2019, but it is quite possible that the next year will be more positive with respect to cryptocurrency!
Perhaps you are right, and there will be no dramatic changes in the cryptocurrency market, but we need to be positive and hope that the trend will change this year and prices will rise in the market. There are several important events in the coming months that can revive the market, so us need to monitor the situation.
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Everyone keeps saying 2019 will be profitable for the crypto community... but in life I've had to learn things the hard way.. which makes me always want to look into things in 2 ways no matter the odds
What if 2019 is the beginning of another dump?? What would you do as a investor?? Wait till your portfolio goes to zero?? ... or sell whatever is left of it??
For some time I was dependent on the cryptocurrency market, financially, now I combine regular work and work with cryptocurrencies, so I plan to earn as many tokens as possible and keep them until the market recovers and growth prices.
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Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.
Well, that is your choice. I also sold some of my coins, because I needed money, but their price was favorable for me, so I was not upset, but in general I plan to keep all my other coins, and hope for the market to recover.
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I think not all new projects will achieve great success, I researched that in 2018 there were many failures and various reasons for failure of each project, maybe in 2019 this was a good year for the ico project, because my view was interested in projects using platforms EOS and I'm sure this is a good start for ico.
I am not sure that investing in ICO projects will be profitable, as it was before, and I believe that there will be fewer new projects, but they will be of high quality and with serious intentions. Therefore, I also hope that this year the situation with the regulation of projects will understandable.
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Too fast and short XRP reclaims its position from Ethereum. I am still hesitant to invest now, the market is still not good. More often red and no significant changes. How do you respond to this? Will you still survive to buy several altcoins? Thank you in advance.
Yes, XRP competes with ETH and now this coin takes 2nd place. The market situation is really uncertain, but I believe that if you have investment capital, you can buy some of the coins, because sooner or later the market will recover and you can make a profit.
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I just got out of Excolony bounty campaign I don't know if they will still pay bounty hunters, but if the bounty channel have no one on the team or the bounty manager is not login anymore in this forum this is a warning sign for bounty hunters to consider, do you have similar experience like this.
Now there are many similar cases, because project developers are in no hurry to distribute their tokens, and some of them are scammers. I had a similar experience and I am still waiting for tokens from the project, their telegrams are also filled with spam and there are no updates, but I do not lose hope that the team is waiting for favorable conditions. So do not be discouraged ahead of time.
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What i know, KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many Hunter run away ! Why? Is it because people don't want review their identity for security reason or people are joining campaign with bot software ..
Personally, I have a neutral attitude towards the KYC procedure, as well as the other participants in the bounty campaigns, have a different attitude towards this procedure. Some people don’t want to transfer their personal data, someone has problems with documents, someone trusts developers without problems and sends their data to get earned tokens.
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