It looks like bitcoin will have a very strong dip and be back under 1k. My prediction is telling me it will fall to around the 500 dollar range within a month.
You wanted to see the indicators of the beginning of the market in 2014 or how. Already this will not happen, the situation in the world has changed a little and the development of the crypto currency is obvious. Therefore, no corrections can not do this. Bitcoin price has strong foundation right now and the big whales won't let it happen, since the corrections was already been developing awesome change. That's most of the people won't wonder that $500 turn back, and if there's a worst case may happen massive panic was really happening in the market, which could create such worldwide chaos. |
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Personally, I do not think the market will crash at anytime because crypto has very good potentials. Though the shitcoins may crash due to the condition of market but the potential ones will still remain and even grow more than i was before the fall. When the bull run starts the price os coin will definitely go high.
Yes you're correct on that aspects mate, the price will increase as bull run starts to happen in the crypto market. With respect to big market crashes, I think it was just occur during minimal fluctuations but not an alarming scenario to focus on because its a part of the currency growth. Don't easily be affected of FUD and fake news, they were just roaming around and becoming a worst disease that will destroy our goals. |
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Have you come to think of your time and resources invested in Crypto-community? Has your effort yielded the desired result since you join the cryptocurrency world?
Sometime i get frustrated either to quite the crypto business or to give it a second thought due to what is going on in the entire crypto-community, were there are no more trust. I have carry out a proper research on myself and i found out that am losing to cryptocurrency.
What about you, gaining or losing?
Everyone is losing right now because the market is pretty much just based on hype and looking for the next big coin opportunity. If you get into a coin then you should know about who is behind it and be able to say that you would use whatever it is the coin project is trying to do. There are lots of people gaining and losing but people only lose when they sell for a loss. Hold a coin long enough and usually it will go back up in price. Partly that's right mate, we only loss on what we think it's not gaining but in reality there's a gaining speculations as well. For the next time we need to closely monitor our holding whether how shitty is the value, but eventually it will be rising to a higher price in the market. Demand also increase in a certain period of time, and if the hype comes in that would also a disgusting scenario which could cause drastic drop on our holdings value. |
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ethereum going down day by day, so i am confused now, cause i want to invest here, what do you think about eth ? i mean this is the correct time to buy eth? or i should wait more?
Less than 300$ is quite remarkable for buying ETH because of its potential to relatively bouncing back in a certain period of time, this coin had been recognized by the crypto community as number 1 altcoins in the market so the potential is very high, therefore don't hesitate to buy now it is wise decision. That would be appreciated if eth this time will bounce back again to it greatest history, just what happened last year and hopefully more people will benefit the current price of $300. The opportunity driven price was a big chance for everybody to move forward to grow their asset. No matter what happens eth holders always find it profitable due to growing demand still spikes. |
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In the exchange offices have one unpleasant reception. Their rate can to have a vary depending on the amount of cryptocurrency do you want to buy. Suppose, the price for 1 ETH, will not be proportional to the price for 0.5 ETH.
All I just hope with the exchanges will have optimal trading fees and fast network exchange processing. Hopefully there will be much more secured storage and access authentication based confirmations upon log in. All I just want is the fair and honest trading with different exchange sites, so we'll be able to have more traders to find confident trading and develop more trust in cryptocurrency. |
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My first FOMO experience was when I bought BTCTC in aroung 11,000$
thinking it might go back to 15,000$ up
So you bought when the price was already going down? If that is the case then that is not FOMO that was just terrible timing, the price at which you bought is not terrible but at that point it was obvious that we will need to touch the bottom before the price became stable again and that there was not any chance to see any kind of recovery, I just hope that you learned your lesson since then. Fomo is everywhere mate, and that bad timing we had experienced was just a bad dreams for us. However the lessons learned makes you stronger in the next picking of coins to invest with your trading assets plan. All of us who became good traders had such experiences like this when we're just starting to roll over our money with cryptocurrency. |
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Is that the very bad news? its not really a bad new if the price of bitcoin isn't moving forward for the month of August. We just have to move on and look forward that this September is going to be another month that's full of hope. There will be downtrends but its not going to stay for long.
I also fail to see the bad news, since the entire year pessimists said Bitcoin will go to 3k...all just smoke and dust Yeah I've heard those bad speculations and they are pulling the price of bitcoin by saying that it will go down to $3,000. But as they keep on telling those predictions, the price went up. If the pessimism will stay to those people, I also see that they are going to change of being optimistic. Yeah I do agree that the price spikes higher value but suddenly goes down in the next few week in August. This showed more panic seller still grab small price increase to take their profit earnings. But in some other aspects of price development I still hope that in the Month of September people would realize the importance of holding, because if most of us do that we will reach the much greater price this Month. |
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Usually a cryptocurrency doesn't compare, only bitcoin. Some cryptocurrency are connected with certain companies and products. When talking about stability Bitcoin, It will not be soon.
That's possible that bitcoin can be less volatile than gold in sooner time, and as price will continue to gain at good price then we'll have to experience the great change. With gold's pricing, I guess it's too long to wait for the price to increase because gold was a physical asset compared with cryptocurrency. |
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We can win this situation because if all investor of the cryptocurrency are come back again and advertise bitcoin we can see the price of this coin are pumping again. But if most of the people are still panic maybe we are loser.
Of course we find it a winning time if we will be braver with our assets and by the time the gaining of price will be doing great, I guess it's over now and sell what you really need to get the profit. Seeing the price to be pumping again, cannot be totally an assurance because sometimes hype buyers will show up then eventually dump their coins which will cause some unwanted fluctuations. |
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I don't trust anyone mate. Some time ago I was seen post about how much you should pay for rating of your ICO, however this post also can't be trusted. I think all that everyone ca do it's do more researches by yourself.
Indeed, we should be vigilant on reading legit or fake post on every ratings because it might have caused some confusion against the potential investors like us. Every person has the right to scrutinize before being engaged for the project that he has to be involved with. You should trust it if the ico has gathered 30% sells on its current progress. |
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We should be patience in holding our eth until such time it will meet the expected price of $1k. Don't be bothered of those negative news behind, and it was just normal for those who wanted to purchase lower amounts of cryptocurrency. Be strong enough to face the challenges prior hitting the target price.
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Yes, I agree with you because they are very good things to do in the bear for you not to feel depressed and make regretful decisions. You should also be very patient and calm with your holds till when the market will finally recover from the bear.
Long term trades is the best options for us to bare in mind now, since market was still trying to recover the price corrections. That situation wasn't easy to handle, and patience is strongly needed in order to survive the current crash. Just sit and relax have a sip of coffee or tea, and don't ever panic when there's minimal fluctuations because volatile market always happen eventhough price starts to pump. |
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With the decline in coin prices and with the increasing number of ico who failed the crypto world began to be abandoned is this a sign that crypto is being abandoned and investors are starting to not trust ico?
Crypto won't be abandoned. Their are many factors that contributed to the decline not just scammy ICO's. Regulations and outright ban is the main reason for this free fall. And as much as there are scam ICO, there are also legit ones born every day. What we might see is smart investing now, people will really scrutinised every project before they pour their cash, so NO, crypto is here to stay. I think those who wanted to abandon crypto were those people who has bigger frustrations with bitcoin, because they're weak. That's their mindset and personal perceptions and we can't control it, but even if there's an ongoing crisis against crypto false media behind us I don't give up on cryptocurrency. It won't be abandoned, and instead of losing hope we must help our community grow and promote this to the entire world. |
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Yes, of course it is very important for an ICO to have a product or prototype. This gives everyone more self-confidence to truly develop. Thus, investor money is more protected from depreciation and there are more realistic opportunities to get a good return on investment.
The product will help the project to prosper for a better price of our cryptocurrency, that's why we needed it in order develop profitable price on our coin. Most of the successful projects had a product platform and the trading went out good, and demand always rise after the project being launched. |
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I think this downtrend will continue during 2018. And we will see more crashes and capitulate of the market by the end of this year. IMHO Bitcoin price will fall under 2000 by the middle of 2019.
I would hope it will not continue mate, because if the bearish will be keeping it's legacy more investors will cause crash on the price of bitcoin and alts. That's a worst scenario to witness and all those motivations will be gone for our long term holder, and it will not bring a fortunate happenings but rather a disastrous situations. |
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Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
Is there any way to find which day we are in on the bear or bull run? because you said we shouldn't neglect the third day on the bear market.In my knowledge we can't find the bear or bull run until it happened  Yes, no one will know when is the bull run, we just see it on the market, we can predict but all of us not sure the exact date of bull run, i know the market can recover all we need is to wait. Indeed, no exact date for the bull run to happen and first and foremost I would like to reiterate that we still have to stay patience and calm. Control emotions and stop listening or reading those negative comments, because it litterally can't help you develop strong self determinations towards your goals. |
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Yes this is my questions among all bounty hunters. In my 4 months on doing bounty i campaign i have promoted 2 ICO's already and the first one still counting the stakes and still working on the distribution of the tokens. Some had receive already and i thought about receiving too but until now no tokens found in my digital wallet even after searching it on etherscan if there are relatively made a transaction to my digital wallet address and there is none. I have gave my effort and quality time for them to promote their project that includes also the resources being used like internet connection fee and the electricity are all wasted for the project i guess. I think this could be my last project to promote and if i still will not get any rewards then quitting is an option.
Yes, it seems to me that at the beginning of work with bounty, almost everyone had to face similar problems. Some did not make payments, others paid a fee. In any case, when working with bounty you need to have patience, here everything is not done quickly - months are needed to carry out all calculations. Probably the problems of not getting bounties from the campaigns you been participating of, it doesn't meet the target funds. Most of them were scam and afraid to distribute due to market downfall. They're holding the bounties yet, because all those hunters possibly will dump their coins when coins arrive. |
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Now that the whole market condition is highly disgusting and discouraging, what attitude do you think both investors and bounty hunters should have? In my own view, I think there is a need for optimistic attitude. Many are pessimistic as to whether crypto market will I ever recover. Many crypto lovers keep asking themselves will crypto market ever recover? . The way I look at it is that we need to be highly optimistic for a recovery for better profit making. I don't know if you agree with me.
Please let me know your opinion.
I don't know if the whales are playing around to get more money in the future or indeed the whales have surrendered with crypto. The whales doesn't surrender from cryptocurrency yet, and if we have to analyze the scenario they're just being calm and still planned to take over at the right time. These people who been part of the system of crypto whose having huge funds to invest, still control the breaking point that may pull the price down. Typically we as small holders encountered minimal and sudden fluctuations. |
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if I don't like to search for information about trading to someone in a group that is not necessarily true, I would rather learn directly with my close friends, but I also prefer to learn by
day trading with small capital, so I can study directly for practice it, even though sometimes I make mistakes that make me lose, but I will not give up.
Thats what you should do, because experience is what gives you the best lessons, hone your trading skills by continuing to try and learn, not a matter of using small capital in trade, as long as your skills can continue to advance, it's not a problem and you can increase your capital if you more mature... While learning by experience is a legitimate way to learn, when it comes to trading it is not the best way to learn, if you make a mistake you could lose so much money that it could destroy your career as a trader before it begins, so take your time and only begin trading once you are 100% ready and even that is not enough to guarantee that you are going to make any kind of profits in the market. Of course we all learned from the experience we had in trading, but if you're going to risk everything which is your money savings I guess it's not right. Don't rush all things on the situation which you isn't sure yet, because when you don't have certain visions on your finances you might not succeed but rather fail. |
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