I think that it will, it seems like it gets close here and there but more frequent. What do you think the result of a flip would be even if it lasted an hour? How would that affect the prices of BTC/ETH? What would be some outcomes of a flip?
I think it's hard to happen, because after all the bitcoin is the main crypto and is very influential on other altcoin developments. this is the benchmark. see when bitcoin falls, all altcoin follow it. but when altcoin falls, it has no effect on bitcoin That's the true reality, altcoins completely depend upon the bitcoin. This is an usual thing and the same can be learned from the price drops of altcoins taking place along with bitcoin. Same time while altcoins fall, bitcoin won't be affected big. This is all because of the dependence of altcoins on bitcoin. In this regard overtaking bitcoin by Eth won't take place. The reason for this is only because people still do not know much about other coins and they see bitcoin as being the guiding light for the others. In time as more and more people understand the benefits then they can realise that success of alts is not dependent on bitcoin and then Eth can and probably will overtake bitcoin. |
|
|
|
The DOW has been around for many many years now and people trust it to perform well and are also aware of its cyclical nature. When things turn south there's not nearly going to be the same level of panic in the crypto market and so any price crash won't be magnified to the extent it was in the crypto market. |
|
|
|
McAfee is not even claiming that they are hacked. He is just throwing the rumor out there, that there are screenshots being circulated (where?) which are possibly shopped, which may or may not indicate that binance was hacked. It's not even a statement, he's just saying something for having said something. I have no idea what his purpose is.
He loves the limelight and people talking about him? If there's one thing that can be said for sure about Mr McAfee it is that, he delights in attention. |
|
|
|
|
I really like the idea behind VIB but I feel like its something that is doomed for failure in the longer term. I hope I am wrong but I feel as though it just won't work out in terms of gaining adoption. Ultimately it needs individuals to promote events etc and without them it won't be a success.
|
|
|
|
|
How will TRX be affected by the news that China will block access to all cryptocurrency exchanges to its citizens? You've got to think it will be one of the ones hit the hardest by this?
|
|
|
|
I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.
However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.
Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?
This will come with time as the public are more aware of other cryptocurrencies and their benefits, right now for many bitcoin and cryptocurrency are the same thing when in fact bitcoin is just the tip of the iceberg. |
|
|
|
Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo: “We owe it to this new generation to respect their interest in this new technology with a thoughtful regulatory approach.” This amazing guy paved the way for cryptos’ future today. Give him a recognition on twitter: https://mobile.twitter.com/giancarlocftc HODL This is the news the market was needing and really it's the way everything should be approached, I'm frankly quite surprised it's the US taking this stance but hopefully they can pave the way for others. Countries like China especially have done the complete opposite with all of their attempts to regulate cryptocurrencies, they have hurt its progression with their thoughtless approaches. It seems the US will look to do the opposite and allow technology to prosper while ensuring it is still legal and fair. Kudos to them. |
|
|
|
I don't think crypto is done, it's just the correction and nothing more. That way easy to throw scam coins on the market so it collapsed cus of overpopulation. And now most of scam coins will die and the market will become much more pleasant place to see.
You are very optimistic. The current state of the market is no longer a correction, it's a collapse. Correction is a reduction of 30-50%. After the market is restored, shit coins will not be lost. This will be for a long time. But I'm sure this is not the end. There will be more rises and falls. I have to agree now that this seems more like a crash than a correction but there's really no strict definition of that. Let's not forget that it was only around 2.5 months ago that we were breaking today's price for the first time. While things are definitely not great, some context needs to be in place. If we were told at the start of last year we would be at 7.5k BTC price now then even bitcoin's biggest supporters would surely have been happy with that. Let's just see how things play out and not feed in to the panic that's being spread like wildfire right now. I still think we'll see a new ATH some time later this year. |
|
|
|
Ripple News UpdateJanuary was a crushingly bad month for cryptocurrencies. Whether you want to judge it against past years, months, weeks—it doesn’t matter. January was simply awful. But fast-forward a few years. Does it still look as bad? Bitcoin topped $1,000 in its early years. Then it crashed to almost nothing. Watching it happen was like watching Armageddon in slow motion…except it didn’t last very long. Bitcoin prices recovered—they are trading above $7,500 today. Source... https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-clues-point-ripple-renaissance/ The basis of this is completely flawed, because bitcoin (a completely different cryptocurrency) also had a large crash many years ago for entirely different reasons then Ripple is due for a recovery? |
|
|
|
Hi there! I am on my last year of my computer engineering degree and I have been thinking about creating a coin for my bachelor thesis.
My idea is to make something very similar to tether where every coin would always be redeemable for $1. Every coin would be backed by a dollar in a bank account which balance could be viewed by everyone 24/7.
In order to convert the coin to dollars users would have to send their coins to an address where coins would be destroyed.
I could charge 0.25% for every transaction which would be then distributed between the miners or not charge anything and process all the transactions on a personal server.
I currently do not have a lot of knowledge about cryptocurrencies and would appreciate your feedback. I was thinking of building it using the multichain platform since both the bitcoin and ethereum ecosystems would increases transaction costs.
And why would anyone buy the coin in the first place? I don't think people would buy it in the first place to have it backed up by the dollars in an account, you would have to source these dollars somewhere else, at least that's my feeling of how this would work. |
|
|
|
Hey there! Yesterday and today the markets are crazy. All have seen the dramatic fell off the most of altcoins. Of course, the significant fail effected bitcoin the most. We've observed earlier the short drop of ETH, bitcoin, and others but it wasn't so drastic. 1. What do you think, what future will the altcoins have? -I personally consider that ETH will stop on $900 and then will grow. By the end of 2018, we'll see ETH will surpass bitcoin that will depreciate to $200.  2. What should we do to preserve ourselves form such kinda drop in future? - I'm going to manage my coins portfolio in different ways: such altcoins like ripple, I'm gonna sell very soon. The best way for ETH now is to keep it in the wallet or cold storage (selling it now will be illogical). I will still trade with Litecoin and dash on SHORT positions. If there any other suggestions, please share your thought. 1. I agree ETH can surpass bitcoin in 2018 but not because bitcoin will fall to $200. ETH can reach $5k this year. Along with other alts it will go from strength to strength as people start to realise they can survive and succeed without bitcoin. 2. There's not much you can do, just try and predict the top and sell out but if you miss it you're just going to have to hold your way through it and hope for a recovery. |
|
|
|
I have joined DeepOnion Community for over a month. I know a lot things about DeepOnion gradually. At this spot, I must be grateful for “zhihu”, which is a Q & A community in China, in there, I met DeepOnion Community luckily at the first time. Then I joined Bitcointalk, but I don’t have airdrop status(cry), sincerely, I hope I can be accepted by airdrop status as soon as possible. The following content is my own thoughts about DeepOnion： Firstly, 2009, I was a university freshman in 2009 when I firstly heard of ideal money which is called as Bitcoin, but didn’t take notice of it. Nowadays, I met DeepOnion and don’t want to miss it anymore, I joined and invested, I believe in DeepOnion will have a strong increase in the future. Secondly, Actually, I cherished some doubts on DeepOnion from beginning. But, I noticed the hard working of DeepOnion team, they strived to make DeepOnion become the best encryption currency in the world from various aspects. As you know, DeepOnion price reached nearly 20USD, which was unbelievable for a new kind ideal money. That made me strengthen the big potential of Deeponion as my most important investment. Even if DeepOnion is falling, I still firmly keep it and prepare for increasing the amount of DeepOnion. Thirdly, the development of DeepOnion Community is amazing. Over ten thousands people have joined DeepOnion community, which takes half a year. And the members are still rapidly increasing. I aslo know DP community have become the the second biggest encryption currency forum. That is a achievement which was created by DeepOnion team through hard working day and night. What is more, DeepOnion team is still growing constantly in order to provide good service for all DeepOnion community members and its fans. Besides, the marketing of DeepOnion is very big and powerful. You can see various marketing activities being used to active users and increase user stickiness. I deeply feel the professionalism and strong implementation capacity. I have heard of the new DeepOnion wallet will be published shortly after, everything on DeepOnion is become better and better. All in all, I keep strong confidence for DeepOnion and believe in I can benefit from it even I can achieve financial freedom. Samely, I hope every DeepOnion members would get richer through DeepOnion. By the way, I have gotten airdrop status today!  Thanks very much for you all reading! Thank you ! How do you feel about the airdrop structure and how that influences the price and the market? Do you feel that it has inflated the price artificially as people are incentivised to hold and that it so could lead to a big fall in the price after the airdrop is concluded? |
|
|
|
|
I do not even tend to follow what politicians say about politics for the most part because even on that subject matter the majority of them seem to be fairly clueless and speaking for personal reasons. Given that, there's absolutely no chance I'm going to pay any attention to what they have to say about cryptocurrency. The only exception to that is if they are speaking about cryptocurrency policy or regulation.
|
|
|
|
|
If the long standing suspicions of many that tether has nothing supporting it are confirmed then it will really send a shockwave through the market and we could see a big crash. People will panic sell just about everything on such news. Alternatively if some conclusive evidence comes out that there are actual reserves then that can bring a big amount of confidence.
|
|
|
|
|
I'm not as much of a man as John McAffee so I won't be tempting fate and saying that if ETH reaches $1 this year I'll eat my own little guy downstairs I'm pretty close to it. This just isn't going to happen.
|
|
|
|
|
You have to take some time initially to do some due diligence on the projects but realistically it's going to happens sometimes. Learn from it and your mistakes and move on. If it's happening every time though then you're not vetting your ICOs properly.
|
|
|
|
|
I have my eyes firmly on the coin I'm promoting, credits, they are releasing a new blockchain and if they deliver on what they've promised it will be absolutely huge, I'm talking at least 100x for ICO investors.
|
|
|
|
I sincerely believe in the adoption of cryptocurrency, but I thought that crypto would be way more popular by now. Honestly I am pretty suprised that we didn't hit a trillion market cap by now. I know there are a lot of factors working against crypto atm (FUD, Futurest, Scams etc.) but I still think that crypto can be greater than it is right now. So why do you guys think hasn't blown up or do you even think that it's gonna blow up more than it already has?
You essentially answered your own question, FUD being the most prominent of the 3 you suggested. Also I think there is a large element of correction about it, no matter how much potential something has it can only grow at a certain rate, the last month or two of 2017 were really quite insane and growth was too quick, a correction was needed and January is always a bad month. We'll pass 1 tn sometime this year I'm fairly sure, perhaps even 1tn for bitcoin alone. |
|
|
|
Is there a chance that altcoins may rise up again on the first week of February?
There is always a chance of anything happening, we operate in a market in which certainties do not exist. Many people would expect that alts prices will increase if bitcoin begins to make a decent recovery, there are signs already that may happen and also a lot of indicators point towards that. Look back over previous years and you will see January has traditionally always been the worst month of the year for crypto and the recovery starts in February. |
|
|
|
Would there be a big correction happening in the near future, to shake out those weak coins  The big correction has happened/arguably is still happening. I think we've found the bottom but it could be retested and a new bottom found. It won't get rid of weak coins though. Just burn many investors who thought that investing in everything was a good idea. |
|
|
|
|
Show Posts
