Latest posts of: CryptoBry

In my own humble opinion, I would say that nobody knows for sure the long-term effect of ETF to Bitcoin. On the short-term basis, there is a big possibility that the price of Bitcoin can go up wildly but it can be because of the excitement in the market that the approval can generate. Well, we are all hoping that it can be the start of the big bull run but there is no guarantee for that as things will eventually boil down to supply and demand which means that if ETF can be the medium for more demand then we can it can be really helpful and can be the game-changing factor we might be looking for Bitcoin. However, if institutional money will not reacting that much or if the level of reaction could not be sustained then it can just be short-lived kind of thing.

Nothing can stop regulations especially with the view of protecting the investing public from people who can just be using the cryptocurrency platform in order to exploit other people. This can be debatable yes but if we have to move forward and regain back the trust and confidence of the public there is a big need for some regulations. The regulations I am talking about should not meant to kill the industry but make things fairer and more transparent. Again, that can also be very debatable but cryptocurrency could not live in a bubble or an island all to its own...we have to face reality and should build on the lessons of the past many years.

BAKKT is coming at the time when the certainty of the ETF approval is not yet seeing the light. It is good to note that BAKKT is not modeled after the first futures introduced in 2017 and we are all hoping that this time the influence to Bitcoin can really be felt by the whole market as this is not cash-settled by Bitcoin-settled. I am then expecting that soon institutional investors can be convinced to pour more money into cryptocurrency with the help of BAKKT.

Right now, the market is still in the doldrums and can be looking for things or developments that can be providing the much-needed excitement and the launch of the famous BAKKT can be a very big positive factor to help the cryptocurrency market get back to its feet again...or this is what I am wishing to happen soon. It is good to note that BAKKT is being supported heavily by people and organizations who got the money and the influence in the market. With enormous financial backing, we are hoping that BAKKT can be that thing to finally connect institutional investors into the world of cryptocurrency.

I am sure that 2019 will be bringing in many good changes that the whole marketplace will be appreciating and this can all lead to cryptocurrency maturing and getting connected with the common people in terms of use and adoption. Ethereum will always be in the forefront of these changes and with many nice and expert people behind it working day and night to make Ethereum be the leader as it should be then all I can say is that its future is definitely looking bright and lucrative. The ICO platform will soon be undergoing changes and I know that Ethereum knows this trend and will be there to assist these changes. Definitely, Ethereum is here to stay and will always be the top altcoin.

Though I also love XRP since I have some of them somewhere in my wallet, I am very happy to also take note that finally Ethereum is back to the position it enjoyed for years being considered as the heir to Bitcoin (though some will argue on this, of course). This is just the right position for Ethereum as we know that it is bound to get back growing again this 2019 especially since the people behind this cryptocurrency are cooking many things the market will really appreciate. Welcome back, Eth you really deserve it especially this time when the market is not yet back to its former glory.

In some aspects you can right but I would disagree that Bitcoin is really nothing well for as long as there will be people who believe in its value then it is valuable and this is the case with anything that can be traded even with gold...if people one day will decide that they don't want to get involved with gold anymore then it can be worthless and I think this can be the same thing with fiat money. This is the same principle with the law of supply and demand and we witnessed this in action with so many failed projects. Now, if you can convinced majority of the Bitcoin hodlers to shift to your conviction then soon Bitcoin might be back to ground zero. And starting on this forum can be a good practice.

Quote from: Dreamace7 on December 21, 2018, 07:26:33 PM

It is time everyone understands that warren buffett is actually a great business man with good knowledge of investment but he is certainly not a cryptocurrency enthusiast so most of his prediction are not from the view of a cryptocurrency enthusiast

We know how respectful this man is because of his many achievements in the world of investment but just like all of us he is still human and therefore not perfect in his many ways...in fact he got it wrong with Google and Facebook before as certainly he is not a big believer with new technologies maybe because he is an old school. And we have to leave him at that. As to his pronouncements on cryptocurrency, we should be looking at Warren as the devil's advocate and we can still learn many things from him on this aspect as certainly nobody knows what can happen next in this very volatile environment and it pays to be careful all the time.

Quote from: elisabetheva on December 28, 2018, 02:27:14 AM

I think that strongly agree with your opinion that "we are all targets of hackers" just how we should be more careful not to be affected.
But clearly the information you provide will add to our knowledge more carefully, thank you

All Bitcoin and cryptocurrency holders can be targeted by hackers and they are doing good business with this that is why they are always investing many new ways to get into these wallet infrastructure and victimized innocent wallet holders big time. Sadly, as of now, no technology can effectively stop good hackers from doing their crazy antics. No, not even the very technology called blockchain can be helping us. I am then hoping that something concrete can be done on this big problem.

No matter how strict are the regulations in place, as long as there is a clear guidelines in making cryptocurrency and its players get into the legal zone, then we can conclude that this can be good news. At least, later on as time goes on and with better experience players in this industry in India can easily press for changes to the regulations. I do understand that the government is also wary of the many scams which has been riding this industry to the detriment of the investing public that is why safety nets have to be in placed otherwise trust and confidence with the industry will just plummet.

Quote from: cissrawk on December 28, 2018, 05:35:10 AM

May i know what notification? I enter myetherwallet today but i don't see any suspicious notification, only pops up that appear when you first enter it and red on top of page saying to not get phished. Maybe you enter the wrong website or phishing site?

I also saw nothing suspicious when I logged in with my three MEW wallets today...the same notification which we already know we are always getting when getting into the site. I am not sure what OP is referring to but anyway we should always be careful that we don't enter a phished site and there are now many ways we can detect this deception. As someone who had been a victim (two times, oh my) of phishing I know that kind of feeling when you are seeing your wallet emptied of the coins and tokens you hard worked for. No one can be more careful with many new ways that hackers and scammers are always improving on.

Quote from: Thiggy01 on December 26, 2018, 11:19:56 PM

There's no such thing as certainty when it come to trading markets. You have to be neutral to make make appropriate decisions about them.
Emotion tends make us do really bad trades and certainty is one of them.

Absolutely true. Or maybe we should leave the many emotions and attachments to people who love to do HODL even in the face of many uncertainties and gloom. As for traders, no emotions whatsoever can be needed in making the right and profitable decisions. As of now, many are predicting "glowful" scenarios for 2019 that can happen with the cryptocurrency market and this is just a natural reaction pattern when the year is ending but as to what will really happen in 2019 nobody really knows. Well, all I say is that it is good to hope always but we also have to be prepared for the worst as things will always go down to the law of supply and demand.

After the year of overheating due to speculations in 2017 and the dismal performance in 2018, many people are expecting (maybe wishing I would say) that 2019 can be a lot different. And in this case there can be many predictions and expectations as to what will really happen with the market. Yes, there is a possibility of more institutional involvement with the cryptocurrency market in 2019 though am not sure if this can all directly affect the prices of many coins or tokens as these institutions have their own interest to protect too -- in fact these are the same institutions that Bitcoin is supposed to get away with...and now there is a big possibility that at the end they can be the ones controlling Bitcoin and the whole market and then drop it when the going get tough. Sadly, we still live in the world of reality and there is no way to escape the control and influence of these institutions. I am hoping to be wrong though.

Quote from: Lmaooo on December 20, 2018, 12:08:07 AM

Unless you’re Spencer Bogart, most people would agree that 2018 has been a dismal year for crypto–even if they don’t say it on their Twitter feeds. If you want to sum up the year in four words, you could try using these: ICOs and Ethereum are dead.

Forums, Telegram groups, Slack chats, there’s no shortage of predictions for Ethereum’s collapse, ICOs futures, FUD, and personal nagging fears about ending up in a dumpster. But, beyond the gossip and speculation, what do the industry insiders have to say?

CCN | https://www.ccn.com/2018-in-4-words-icos-and-ethereum-are-dead/

I agree that 2018 is a bad year for the whole cryptocurrency industry though we are seeing a bigger adoption and utilization of the blockchain technology in many fronts. The reason can be that many big and small investors that entered in 2017 were gone this year and there is no indication that they can be back even in 2019. This can be the big reason why many are really pushing for the approval of the ETF so institutional money can be attracted to enter and be a part of this fledgling industry but I doubt if the approval can have a lasting positive effect on Bitcoin. I am not saying that we are doomed but I am expecting changes to be coming in 2019 whether we like it or not. ICO has to transform itself into a new form where investors are protected and not scammed...there has to be a way for this and we are seeing more interest on STO. As to Ethereum, it can metamorphosed itself and that is what its developers are doing now.

Let's hope for the best but prepared for the worst.

Isa lang masasabi ko dito sa isyu ng BNL: Hanggat may mga taong willing na magpaloko meron talaga manloloko. Gullible people are good market for many scams and foolishness online that is from time to time there will always be big and small scams going around the county. I am na hindi ito ang una at ang huli mron pang malalaking panloloko na darating as long as meron pagn market sa ganitong bagay. Sana matauhan na tayo na walang madaling pera sa mundong ito at kung meron man malamang panloloko lang yan...wag nating bayaang maging biktima tayo at makabiktima ng ibang tao dahil nag-rerefer din tayo sa programa na walang patutunguhan.

Quote from: jonemil24 on December 22, 2018, 06:19:22 AM

Sa mga mainstream medias, may mentality sila na dapat pagnag-deliver ka ng news, it should be short but packed para meron ding time para sa susunod.

Napansin ko lang, wala pa sa kanila ang gumawa ng documentary video about cryptocurrencies at wala ring mainstream media about stocks, bakit kaya? Could it be that the majority don't care? Or masyado pang maaga para malaman ng mga pilipino ang pag-i-invest?

Dahil limitado pa ang market audience sa mga bagay na ito. Kung ikaw isang malaking media outfit, bakit ka mangsasayang ng time allocation kung ang interested audience ay maliit pa lang? Ang isang segundo sa mainstream media ay napakamahal...at syempre gusto ng mga advertisers na ang mga shows na kukunin nila ay mataas ang mga ratings. Common sense na yan...wala yang halong agenda o ano pa man kund commercial viability ang iniisip nila. Sa mundo ng negosyo ng media malakas ang competition kung di ka mag-isip na maraming paraan para sa mas malawak na audience ay uuwi kang talunan. Don't expect the main news outfits to focus so much on something that is still new like cryptocurrency. At di nila trabaho yan...ang cryptocurrency is actually with the people and not with the institutions or establishments.