Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...
Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.
Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price... So, crypto will continue to dip at least till after New Year celebration. So, don't panic, the price will continue to dip...
My opinion though.
The dip can continue much more than until February. There is a huge room to fall and nobody knows for sure when does it over. Bakkt will not be released neither in Feb nor in Mar, so it wouldn't be that insane to buy btc around 2000$ in 2019.
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I doubt that Satoshi had so stupid vision to make 32Mb blocks, because in this case and if it is most usable blockchain, the size would increase so fast, so very few miners and nodes would be able to support it in a few years. I'd like to repeat once again - it's the most fcking dumb idea for the BTC fork ever.
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Does anyone here use stable coins to there advantage? I mean its really a life saver! You buy a coin, the coin raises 25%, You sell the coin for Tether, If you repeat this 4 times, you now have 100% profit! What do you guys think about stable USD coins? Does anyone here do this same method im doing? Yeah, yeah, and you can do vice versa as well. Actually stablecoins are very useful concept, because it allows to avoid margin trading and do shorts by converting any crypto to stablecoin and waiting for lower price. But there is nothing new and it looks like your post is kinda insight, but it's not. It's just the basic concept. The main feature is how to trade, where to enter, where to exit. These things matter.
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I can't understand people who still believe in bitcoin cash. There are plenty of good projects around, but there is always somebody around who shills BCH. Let's admit already, it doesn't have future.
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It can be a great rally for Bitcoin. Some expert says thatmay be the start of something great and new. It is certain that demand for cryptocurrencies is increasing. It seems bitcoin may enter into 4k realm. Moreover, the Chairman of SEC announced that ETF will be approved eventually. And many in the community are speculating to be the reason for short term rally
Yep, sir. It won't be something grand like a bull run to $10k, but there is a pretty high chance to reach $4k area, I agree. And yes, it's definitely short term movement. I'd still like to see 2200$ in 2019.
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NEM founders are bold enough to claim about changes without any lie or exageration so we should appreciate their path. I'm sure there are a lot of projects which struggle during this bear market, but don't say anything, so we can just guess what's going on inside. I'd prefer transparent way.
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I'm sure there are cheaters at both sides, as well as legit humans. Multi accounts reduce rewards for any member of a bounty campaign and it's not good, but when the team extends the ICO or delays the bounty reward it could lead to near zero reward at all. So I guess cheaters among team are much worse.
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if you're not paying for the product, you are the product! Direct or indirect fess are economical incentive. You can't build a stable network without it.
Plus the lack of fees isn't that good for any system from the security standpoint. What aspect would prevent the probability of making a lot of spam transactions to slower the network to very low speed rate?
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The trend is your friend. Once it has been broken and we must get out asap. There was a chance to save a big part of many portfolios with this simple rule at around $11k per BTC. But there is an stupid opinion that we should HODL crypto whatever happens, that you won't get loss until you sell your position. So this is consequence.
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Web wallet is very risky to use especially when you PC has been compromised, you need to guide against malware and viruses and don't visit phishing site because once your coins are stolen, you cannot get them back.
In any case, the user's fault is very obvious if he has lost his coins from the My ether Wallet wallet. The fact is that this wallet is the most popular and highest quality possible. Only correct and careful use will give you guarantees of the safety of your funds. First of all, you cannot use a computer and another device to manipulate the wallet, and also use it to use the Internet In general. It is best to have one device specifically for wallets. It sounds like nobody uses hardware wallets. What's the point to have some special device to use wallets if you can easily use any popular hardware wallet and be safe? I don't say it's bad, but hardware wallets solve 100% of storing problems if we talk about supported crypto projects.
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I was always wondering why TRON and another Justin Sun related projects so succeed. He managed to pump any project he started and this policy gradually leads to great success of any Justin Sun project nevertheless these project don't show a real performance and development. Bravo))
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It always so funny to check out how many threads like this appears when we have a few green days after many red weeks. 350$ move makes so many excitement. I'm glad to see green days as well, but now we can't say for sure if it's start of a new wave or just a bull trap.
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Cannabis hype can become the next big thing so it's good for dash to be there. It's a very good point to promote the project since cannabis is legal in many jurisdictions of USA.
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Currently dapps are at the very beginning. It's just the experiment. Perhaps in a few years when corporations will understand and accept the real power of dapps the real boom will happen. There are too bad adoption and community doesn't use dapps right now as well, but it will be changed with the next surge of the market.
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I am quite sure I am not the only one having this bad feeling of seeing new coins or tokens released on a daily basis.
The ICOs era is almost gone, and now some people are already promoting the relative new phenomenon of STOs just as they started with ICOs few years ago.
We don't need the random new tokens in the crypto market everyday. We already have cryptocurrencies far more than enough. If we continue to create tokens for everything, every product or every service category, it means we can have over 1,000,000 different coins or tokens by the year 2050. My question now is, who will bother purchasing another person's token when anyone can easily create his? Even with 100,000 tokens, it will be a dead end for cryptocurrency market. I am not even sure if Bitcoin itself could survive it.
The earlier we look for a way to regulate the market and halt the free release of tokens, the better for cryptocurrency's survival.
The strongest will win. It's normal thing when initially we have a lot of different species and with time only few of them survive. The market is a perfect sandbox and the community is a great judge. Everything will turn out by itself naturally. I don't think we will have and USE thousands of different cryptos in future.
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I think the most important thing for cryptocurrency right now is adoption and we are gradually getting more adoptions in many industries so if the ETF, bakkt or bitcoin halving comes it will not just have a pump effect which will later fall but rather increase the general market cap and bring about stability. So I think the next bull run will be massive and stability will come in because of the real life adoption
What is your opinion?
If BAKKT or Fidelity or any ETF comes and a huge wave of customers will decide to invest in BTC the price will be pumped as much as possible. But there is a risk that these platforms will make a paper bitcoin (just like paper gold or silver) so the price would not perform that well.
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I've noticed a lot of the smallcaps I've bought earlier last year have come back in price (serenity coin is one of them - did 8x last month which I sold to break even). Anyone have any strategy as to picking the right one?
I would wait for another huge dump, caused by some panic news and begin buying coins and creating your own crypto portfolio. The good factor when thinking about picking up some smallcap project is strong, motivated team, continuing to develop their project even on such a bear market. It sounds fine for me too. But rather than buying smallcap coins it's much better and less risky to deal only with top projects. If project too small and if it has too low volume there is a high risk not to sell them out when time comes because of lack of buyers.
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