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Crypto is decentralized as said by many whitepapers but the decentralized level of cryptocurrency still needs some kind of polish because there are only a few that hold much of the top cryptocurrencies and even the bottom cryptos. That makes it centralized in a sense that they control the price and when they decide to sell, the coin becomes a shit coin.
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Yeah, you are right but the fact is that, the whales will never let this kind of volatility cause harm to them. They just sit back and watch what we the little ones do and laugh because the little BTC and other coins we have cannot really dump or pump the market unless they come in or decide to do their own pump. This is what makes me believe bitcoin will have higher price again because the top ranked hodlers are still holding their coins.
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There are two things involved, it's either in 2019, crypto booms which will trigger the massive participation in ICOs or crypto continues to fall which prevents people from investing in upcoming ICOs. Let's wait and see what the market has for us before we talk about this.
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We all expect it that starting from this October, bull run signal will start soon. I really believe that crypto will have its greens in the crypto market very soon. I really expect it to happy in the last month of this q4 of this year. let's not rush, we should wait patiently for it.
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We all expect it that starting from this October, bull run signal will start soon. I really believe that crypto will have its greens in the crypto market very soon. I really expect it to happy in the last month of this q4 of this year. let's not rush, we should wait patiently for it.
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I personally do no want a cryptocurrency to replace bitcoin. Bitcoin leading the other cryptocurrencies is always a good watch for the growth of cryptocurrency in general. Bitcoin falling for another coins to replace bitcoins means crypto is almost dead so it isn't a good stuff to be thinking or planning about.
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Let's forget about all these complaints and be happy with what bitcoin has come to help us do. With bitcoin today, we are able to make online business with ease. No need for bank transfers. we only have to hold some amount of bitcoins and start getting our deals completed.
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Government makes the ordinary men poor by taking what needs to be theirs. Bitcoin has been on our planet for long but government seem not interested in this idea and the sad part of this story is that they try to stop this but banning cryptos but I think the way we are united can help us fight this selfish and greedy act of the government
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If the price of bitcoin remains stable until next year, it would help to attract new people into this crypto space. The majority of people fear that they may lose their investments as a result of instability of the price of bitcoin.
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There are already emerging some master degree in universities where you can learn about the crypto world, the Blockchain technology and so.
But, I'm afraid many people are based on a misunderstood principle while approaching the crypto world. I mean, since the last December hype, there is a common idea: you can get rich fast (and furiously) by buying some crypto. This also has led some students to ask for loans in order to get into the crypto world. This is completely wrong, for many of them are going to lose their money.
I think the first step we need to accomplish is related to erasing the idea of the crypto world as a fast way to earn money, for this is completely wrong and is making people to commit many mistakes.
Sadly, few are truly interested in the whole system behind this new technology, and that's the biggest problem. You just need to take a look at the Begginers&help section in here: most of the newbies are not asking about learning or understanding the crypto technology, but about how to earn some money here (beg for merits is the same, from my point of view). So, to be honest, I see few people really interested in the technology itself, but on the possibility of making some money.
Now, the technology is not only about earning but about creating a whole new tech system of money, in which people get to be free of banks and the current economic system. This is huge in the sense of human evolution, but, sadly, humans seem to have no interest in it.
For those who are truly interested in learning, in making a research, there are already many useful contents, not only on the internet but also in Universities. But trying to educate those who are not willing to learn seems almost impossible to me.
That is very good to know about crypto and how good it'll lead people to success in life. Teaching people about crypto is very necessary as crypto is still in the early stages and we need people who will master in it to have a better idea of crypto and its implementation. |
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Cryptocurrency is not that much difficult to understand. The investment sense attached to it has made things difficult for newbies but is not a big deal because one can invest successfully without having knowledge in crypto. It's all about patience...
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The reason is simply because when bitcoin goes high, people are hopeful that crypto is going to stand now and so they put in more money. So that's what goes on. When the market falls, people find ways to stop making losses so they change their money into fiat and vice versa.
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1000USD is a dream price and for this price everyone will go all in. So probably this will not happen. Keep dreaming.
That's is true. Those you see talking about the downfall of bitcoin are those waiting to buy bitcoin in bulk. But I must be honest that the expected price predicted by those guys will never be possible so they are dreaming as you said. If bitcoin price drops below 3000$, people will buy BTC a lot but it'll never happen. If you do not have some BTC already, they it's time to buy. |
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I do not blame the participants though because there are some that have come to be better ones so they partake to try their luck and the sad part of it is that they will never see their plenty tokens on an exchange, not even the decentralized exchanges that are cheaper to get listed on.
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From the basic facts that I know, mining will never end. If mining ends, it means transactions can not be executed and hence no crypto in existence. What I know of is that the total coins allocated as block reward may finish with time and even with that, the miners will still mine.
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I can say 100% that 60% of all bounty is a Scam. The reward for them is either given and the tokens will lie on your wallet forever or do not give at all. Then what's the point of doing this ?
When this idea of ICOs started, people participated, both the rich and the poor took part until some projects turned into scam ones which has since then frightened people from investing in a project. Listing on the major exchanges also requires some amount of money which when the ICO did not end successfully, it will be hard to pay for. This is one major reason why icos turn scam and run with the little contributions they get instead of using it to list their shit tokens on an exchange. Bounties are successful when an ICO is successful so we do not have to talk more about that. |
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I have my job and I can honestly say that crypto is very interesting to be in. I enjoy staying behind m computers and working all day than staying at my work place for even 5 hours. As the OP said, it is a long journey that we have to take it as a passion and not just for the gains or losses we will see today. let's always anticipate the future of crypto.
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It is not about bitcoin but every coin on the market. I do not see the need for holding a coin for a longer time when you have enough profits made from it. People watch their coin sink to 0 because they have hope that it'll rise in future. The fact one coin rises higher once a time does not mean you have to hodl yours and perish, sell and be free.
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I do not see bitcoin falling. Bitcoin and blockchain technology is gaining more attention in the world these days so I see bitcoin having a great future as it was the creation of bitcoin that gave birth to blockchain technology. Well do not let me confuse you though. Bitcoin uses blockchain technology.
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It may be possible that way but that is if maybe there is a fork of bitcoin where all miners turn and support that new fork making bitcoin to lose its value. If not this then there is no way bitcoin can be out of existence in the cryptocurrency market.
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