Nearly if not all the predictions for 2018 are off. Everyone had expected the the market to continue its run from 2017 but it soon lost momentum. After being a part of the 2017 bull run and the 2018 bear market, I can say that the good ol days would soon be here again. Maybe soon, maybe later. It doesn't necessarily have to happen in 2018. This should be a lesson to em "Cryptocurrency experts"
This year I realized that listening to crypto experts is the last thing. They are not responsible for their forecasts and do not guarantee anything. I myself have predicted much more for myself. Yes there were so many predictions for this year and some even predicted that bitcoin will cross the mark of $40,000 and most of the predictions has gone wrong and it's time we understand the market situation and start doing market research and then make a move. |
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I think bitcoin will not be suitable for businesses because of its volatility. Sad but it's true. lack of regulations are the biggest problem we have today That's one of the points also. Generally, governments don't know how they will regulate crypto and so they have this tendency to not allow businesses to use it. I wonder how they do it Germany and Spain. I heard that some establishments there use crypto, bitcoin, for payments. I have heard the same like there are organizations which pays their staff using bitcoin and if that's true then there will be too much of discrepancy due to volatile nature of bitcoin which is gaining stability now, Bitcoin can be the best alternative for money i mean fiat but it cannot replace fiat and government registered business cannot run depending on bitcoin. |
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the value of the exchange can fall dramatically after launching the token to the exchanger. whereas at the beginning of the period, tokens usually have a pretty good exchange rate and after achieving a soft stamp and even a hard cap, the token can actually lose its exchange value. according to my personal experience, that's the risk of ico investment.
I have been through the similar situation wherein the value of tokens drops down to almost zero within couple of weeks from the date it hits the exchange but those ICO's which launch the token during the bull run gains more profit but not on a longer run. |
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In the last 20 years the most interesting thing that was happens is blockchain technology and cryptocurrency. The new era started when bitcoin was launched.
Yes and blockchain is the stepping stone for all the future technologies because it has simplified many complex issues and i am sure most of the IT giant's like IBM and other internet security companies have already adopted the blockchain technology. |
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This is not the time to say bitcoin will end, normal market volatility because bitcoin is decentralized and market changes are determined by the level of demand and supply. The decline in bitcoin does not mean that bitcoin will disappear, because the more time goes ahead the bitcoin decentralization will be able to make bitcoin have high value.
There is no end to bitcoin and bitcoin will be in this world until we have internet because noone can really destroy bitcoin and some governments or financial regulators can only threaten and try to ban it but still bitcoin will be used against all the odds through grey market. |
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In this Cryptocurrencies market everything is possible, one day prices could shoot up, and in second day price could go very low, but I don't think it'll go under $6k for now. Of course panic sellers are ruining the market right now so it may break that wall. But there is very small chance of that.
what you say is only concerning the very short term fluctuations not the overall movement. for instance it is possible to see a drop but only a drop that lasts less than an hour not a drop that can actually last! as for panic sellers, they are almost gone. if they were really "controlling" the market now then price shouldn't have been this stable in first place! Yes i have been involved in this volatile crypto market from long time but i have never seen this kind of stability ever in the past and i feel this should be the upselling point for the bitcoin because the pump or dump it's very less in the value. I hope this will take bitcoin to the next level. |
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Maybe he is true or not. Because they have chances also not to break 9000 end of this year 2018 if continue panic selling people. But if people start to buy again bitcoin the price will pump again and bitcoin can break even 20k dollars again.
Yes that's true as everything depends on the buying and selling of the bitcoin, Panic selling needs to be stopped at first and then we as a community needs to stand with bitcoin at this crucial moment and see the positive side of it which will lead to stoppage of panic selling and pump the value of bitcoin. |
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I agree with all the comments here. The point is that we think long-term. If you believe in bitcoin long-term, it doesn’t matter if you buy today and drops more. However, I think they are speaking to traders. If you are looking for short-term profits, it doesn’t make sense to buy now if you think it is going to go down.
Yes it really doesn't matter whether there are numerous pump and dumps if you are investing for a long term and current price doesn't matter, but most of the users in this forums are either traders or signature campaign hunters so it really matters for them. |
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Looking at the current situation of the crypto market we can hardly predict everything. But i have a sense of currency i feel besides Bitcoin is about to raise the price, then the next currency may be the ripple. In recent times the ripple is showing its ability to continuously increase the price surge over ETH in a short time.
Yes that's true we cannot predict anything about the crypto as it's getting highly volatile and I don't think ripple will ever reach anywhere near ETH in a longer term |
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Just noticed we have 100+ stable coins in the market presently. Do you feel it will have a negative impact or positive one?
I think most of the price of stable coins is tied together, unless the project side has negative news, causing the price of the token to plummet. That's correct as there are set of stable coins and the value of those coins rises and fall together as their value is indirectly proportional to eachother. But we should not be confusing these coin with some new entries to the market who stays on top for first one week with huge pump and then drops down to almost zero. |
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Now bounty hunters have a lot of difficulties. I have been participating in the bounty since February 2018, have participated in 5 projects and only one of them has paid out to date, but the amount is very small - the equivalent of $ 5  . I know that in 2017 the situation was different, I saw participants who received $ 5,000–15,000  each. What do you think will be more serious payments? And how much did you earn? So far I haven't earned earned anything this year to be honest, I'm still waiting for the coin in my previous bounty campaign to be listed and it already took months for them to do so. All I can do right now is to wait and believe that the coin will eventually be available in exchange will have a decent price for me to be able to sell my coin and earn a profit. I think that 2018 is not my year here in crypto. it turns out there are still those who share the same fate with me because until now they are still waiting to be able to list in a market exchange to be able to enjoy the results, this year it is very difficult to get satisfactory results and also fast. You are not alone mate, there are so many users who are still waiting for their bounty tokens to get listed and but waiting is not worse than not receiving the rewards after working hard I am talking about those bounties wherein the softcap is not reached. Let's see how the next year will be for the bounty. |
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Giving up is not a good idea mate. Especially if you have huge losses on it. Which is much better to stay away and take a break instead giving up. Because you cannot regain forever your losses on it .which can cause repenting and become frustrated as well at the end. .
Yes giving up is the worst thing anyone can do especially after investing a huge amount if money and I would prefer rather taking a break as you have suggested instead of giving up. We need to help.those who are at the verge of giving up not to give up and take a break because crypto market is highly volatile and a user might get huge profit than what he or she lost. |
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i hope there is a twist on that story like what happend the the pump most predicted it to10k and at 10k most predicted ot at 15 k but then is goes up to almost 20k, now they predicted 9k there must be story behind it, im excited on the twist LoL.
If there is a twist then everyone will be happy to have their money multiplied,. But offlate bitcoin.has gained stability and it will be great even if bitcooin crosses $8000 mark because it would be growth with stability instead of sudden rise and then down to basic.This year will be most crucial so let's wait and watch what happens and then find a way to make profit out of it. |
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If you are decided to take risks and understand crypto you can inves. Never buy btc if you are not ready to lose so invest what you cam afford.
We were asking few years ago if we should buy bitcoin at $200 and took the risk then we asked the same question at $500 $1.000 $3.000 $5.000 and so on. True, I still regret that I didn't invested huge amount back in 2014 when the value was very less and again in the year 2015 when it was around $200 - $300, as you have mentioned it's worth taking risk because bitcoin has grown a lot in the following user and it has potential to grow but this year was a bad year for bitcoin which is making the users think multiple times |
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For example, how many times have you asked the seller you are using bitcoin? We need to start with ourselves and insist on acceptance, and then expect others to follow
Zero times, because I know Bitcoin is illegal as a currency in my country. It's not the problem of asking the seller or not, it's bigger than that. Some governments make a clear statement about Bitcoin/cryptocurrency usage and that's not something that we can solve. My guess is that the situation could only be solved by time. I'm sure some countries will take a brave step to accomodate cryptocurrency while others watch how it resolve. If it turned out great then others could follow. This is something wHich we need to consider before we go ahead and promote bitcoin as there are some countries which have banned crypto altogether and there are some countries who are trying to ban it.jn near future, we need to form a strong community showcase the benefits of using crypto over fiat.and how it could help the government as well. |
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I have a very nice experience in the cryptocoins. It made me learn a lot of things. Although i have seen loss also but investment in bitcoin made my money double. I enjoyed number of profits also. It was a up down experience but still the best one.
Yes everyone have mixed experience of ups and downs with the crypto coin and mine was no difference but to be honest I had more ups and good times into the crypto than the downs. My research and market analysis was a reason why I had more positive moments than negative moments with crypto in general. |
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I came seriously to the crypto market a little earlier than you, but I also saw UPS and Downs. Falling hard was much more and my nerves are now like steel. But I learned a lot and now I look at 90-99% fall in price perfectly calm. In this market, billionaires will be people with the strongest nerves. Now many have given up.
Yes patience and the right move is something which is really important for anyone to survive and grow in this market, even I have seen almost all the ups and downs of this market and market analysis has helped me a lot about when to invest and when to cash out instead of going with the emotions and investing during pump. One need heart and nerves of steel to grow here. |
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There are many ways to earn Altcoins, there are many sites that allow Altcoins free, but you need to do some work on demand. Some of the jobs posted on this forum are also paid for by Bitcoin or Ethereum so many of these can own Altcoins.
Yes the services section is a boon for us because we can earn a good amount of money by offering our services in exchange of bitcoin, altcoins or tokens and I know it will be bit difficult initially to find a project or work but it is not impossible and moreover these will dot be taxable income. |
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if the news are true and hope that are true the trend will be followed also by the other countries in order to not be back in competition so the adaptation would become triggered.
It will be great if the news is true and legit but I don't think it will be easy to reach out these markets as both of these countries have a closed society and we can only know about the atmosphere and lifestyle of these countries by news but still we have no idea about the ground reality because most of the things are censored over their and I am not sure if people are Iran and Uzbekistan are ready for a digital era, yes it will be great opportunity for Iran and ts regime to overcome the sanctions and trade via crypto. |
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I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.
Don't ever to expect Bitcoin price will turn back into $20K again as it hype last year. We already saw green color on the market and prices seems to quietly moving up but isn't enough to say that it is on hype. Usually people treat market as turning bull when the price rallies by 20% and the other way round a 20% loss in a short time means the bear market is coming. For the price to be considered bullish we'd have to go to 8500 dollars. Anything below will not be a clear indicator and can be a continuation of the previous bear pattern. You just nailed it mate, as you have mentioned the users especially those who have less knowledge about crypto predicts a bullrun for little pump in the value of bitcoin and the same group of users create panic with posts like end of crypto bear market and all when the value drops for 3 continuos days. We need a strong signal and a consistent growth in the value of bitcoin in order to confirm the bull market. |
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