i prefer other topics that can be sustainable to questioning the stability of the market. There is no time in this year that one categorically state the market is stable. We just believe the $6k is a mark the market ensure it doesn't force down. If it can stay above this mark for the next 4-5 weeks, towards the ETF approval, we expect the coin to likely give traders confidence and revive the markets for a large volume.
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Is more about the trade volume. If you are checking the price,check the trade volume also, it a big factor for the slump. If you can understand why people dont purchase bitcoin as before then u can have the idea for the slump. It has declined massively. The good news should improve confidence in the traders but the other way. Not everything is caused by the ETF postponement.
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Just like every blind man will need a man to put him to direction, even if he had failed in many times, so is whitepaper. Have said it severally that the sermon of reading whitepaper as the main criterion of legit project should have been of the past. However, we still need to look through whitepaper as the second yard stick. If we are sure the team is legit, know their track record, then can consider the project itself. Everything about a project should be explanatory in a whitepaper.
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It will be mere self deception to call it a currency. Out of all the 3 purposes of invention for currency, it is only serving a purpose now. It should functions as a medium of exchange, a unit of account, and a store of value but only serves a medium of exchange. Its volatility has regularly undermine the other purposes of invention and currency. It also lack a legal security and vulnerable to hack and theft, which a lot of development are improving but cant out-rightly prevented.
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If the trend continues and the same factors that are responsible for the dump remains, the price will go lower than $200. The amount of supply is so high than the demand and the projects are flooding the market with ethereum as soon as their crowdsale is over.
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Are there no further stake calculation to token before distribution on the spreadsheet?
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Am expecting a good substitute for ethereum now. The coin cant handle the large use. The more the use the lower the price which i think it go will another way with some other coins like neo and bitcoin etc. Neo also has a big community but come later to the market, and ethereum can be the competitor for now not bitcoin.
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from the time that the dumps started, the plan was to crash the price so as to start all over again. The beleive was that the low price will encourage large investors all over again; which is a very wrong opinion to me. Even at this price.investors are careful to put money and its factor to the low trade volume in the space. To keep above $6000 is a lot of work financially and will expect it to be rewarded in future.
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Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
Just try not to trade with ethereum as exchange unit now, I dont seem to have enough confidence with the coin right now. The community around bitcoin staying above $6000 looks stronger than ethereum. If you check the coin decline lately,it is far deeper than bitcoin , and it is not attempting to revive at all at those slumps. This makes the coin not a smart move and not good to keep now.
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That was my plight at a point with the distribution, we are not getting what we bargain for at the price of bitcoin but at least we had it at last. the confidence is in the project and we are sure if we have the patience that is required even if it cant attain the same price in bitcoin at ICO, it will get the dollar value eventually some days when the market revives. It is a huge project with capacity. A lot had been spent and confidence is high for the project
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Its a very difficult season and I dont think the bitcoin enthusiast had ever experience this market slide. Even the market analyst and speculators had turn to liars because the markets looks quite different. Previously any bitcoin slump fortifies other altcoin but now we dont understand how the altcoin respond to bitcoin. It is beyond market manipulation and people are losing confidence, and people's confidence is very important in this market.
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Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
No advice can make everyone think the same and have seen coin had the highest price on at their market listing. I am not an advocate of dumping coin at exchange listing but the normal 1-3% bounty stakes of coin should not dump a coin for more than a month (at most) if the project project is healthy and strong. Thekey, humaniq etc. had there highest price after exchange listing and have struggled to get the price back, am sure bounty dump is not responsible for the dump.
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The older people can only invest in what they understand and can see with there eyes. Fewer ones among them can relate with internet as much we young one do. Cryptocurrency is highly risky than the gold and bitcoin inform of its volatility and most of them cant take the risk with all their life savings. Gold and silver price are well predictable than in cryptocurrency. I know some cryto ethusaist will be old and will find it harder to convince their fellow colleagues on investment in the space.
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there is nothing to explain the price of ethereum aside just mere manipulation of the coin market. It has the volume to drive it and the community is healthy and large. The so called competitor is not doing so well yet the value keeps declining. I want to believe the ICO project teams are the one loading the market in large amount of ethereum to dump the price and reduce the price of there token to have enough to push around.
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He had been silence this year until some past 2 week that he broke his silence to call it a scam again. I hope it goes the way that pleases.
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When I look at my sgg coins, I feel very disappointed, it seemed to me that the project would have bright future, cause i really like its ides.. but the further we go the less hopes I have. No news, no activity. Don't want to blame anyway, but does anyone know if there were announced as a scam?
there's an activity but they might have not announce yet, you can join their telegram group to follow their updates Updating the activities of the project should be beneficial but I dont understand why they decided to keep it confidential. The project website had only been updated once this year. Is the craiglist and amazon information on the OP also new? The telegram group is empty because there were no updates also. Is not the price reaction that is very important if there were news but the community that might come calling for the product and follow up as the roadmap progress. They might even need a new roadmap to follow after such a long time.
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For the fake digital wallet. Its always advised that the original myetherwallet should be bookmarked and never try to search to redirect, always use the bookmarked link Never access through a phish mail or probably a right mail cause it might be in your history and pop up while typing the right address which out of unconsciousness might be used and that could be dangerous.
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I noticed the crowdfund is not over and bounty participant might be expecting token. Do they release token lately unless the crowdsale end?
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people are responsible for the trade volume of bitcoin and Roger ver has the track record has a early investor,big whale and bitcoin maximalist. He might have been emotional with some of his prediction in the past, however, he has so succeeded in the space. Big whales are capable of moving the price but alot had been done from other online investors in recent months most especially last year that drove the price that high.
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Many of the telegram groups which give signals are run by the same people, I have noticed on multiple occasions of the groups giving the same signals. Many of the groups also conduct coordinated pump and dumps, and they usually send it in all the groups to gather a greater audience. Although some of the signals turn out to be correct, always do your own research before making a trade.
I really appreciate your concern on not getting others scammed through telegram but I dont understand what to watch out for while researching on ICO to avoid scam through the telegram. Every coin can be pumped and all good project appreciate a greater audience on all platforms but what makes the difference with a project liable for a scam with these features.
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