The dev team developing for the coin, the community of the coin and the real world use cases of the coin. If even any one of the factor is missing than the altcoin cant become a success. But if all the factors are there than nothing can stop the altcoin from reaching the moon and being successful.
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Instead of trying to find a selling point later on why don't you set the sell price when you invest in a currency. This way you wont get confused and will be sure at every time if you should be selling or hodling. Also you wont have to go through panic whenever you see the price drop of your coin.
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NEO is a competitor of ETH but it is no where near the amount of development that is happening on the Ethereum platform. There are already hundreds if not thousands of tokens and applications being developed on the Ethereum platform and many are even successful with their product.
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I think the January scenario is playing out again and every crypto currency is dropping like crazy. The small pump we had a month ago most likely was a bull trap and got people to reinvest their money into crypto markets by creating FOMO. It got most of the people waiting on the sidelines with their fiat to invest again and now they are stuck.
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Well the crypto industry isn't some terrorist organization that it is dangerous. Its the governments, banks and the media that portray it is as being shady but in reality it is a revolutionizing tech that brings transparency in the world. It gives people the option to be their own banks which is something that this world needs badly.
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Buy low and sell high is very tough for traders and those who are impatient. But those who can hodl and are investing for the long term don't have to worry about this strategy as crypto markets recover fast. Most of the new people entering crypto markets are here for getting rich quick and dont have the patience to wait.
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Almost all the major exchanges have been hacked at least once and do you know who lost their funds in it? The user. If you don't care about your money and are here just cause YOLO than go on and keep all your altcoins on exchanges, but if you care about your altcoins than store on your own wallets.
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Of course NEO is the clear winner in these both. Litecoin doesn't stands a chance to survive in this competitive market. Just think of why are you going to pay fees for transactions and wait for confirmations when there are DAG coins with free and instant transactions. Also there doesn't seems to be much development happening for Litecoin.
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Of course it is. You cant just trust some project and invest in it based on the white paper and the hype it is creating in the crypto forums alone. There needs to be some proof that the developers are competent enough to create a working product and are not here to just make some quick buck.
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The same can be said as to why invest in stock markets when you can invest in real estate or vice versa. The reason why most people invest in crypto currencies is cause it gives you rewards that you wont get in any other market. Also many people invest in it for its use cases and the privacy it provides for online payments.
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I think with the adoption of USDT pairs, altcoins might be able to break away from their dependence on Bitcoin pairings. This will be a positive sign for the market as all the alts will move independently and not move according to the Bitcoin market. But expect it to take at least two years for the Tethers to be adopted widely on all the exchanges.
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Some? More than half of the ICOs currently being launched are nothing but scams. They are being created with the only intention of getting as much money as possible from the ICOs and than slowly cashing it out. The reason for this is mostly cause new users are putting their money on anything that is hyped to them by shills.
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No man, I haven't touched MyEtherWallet after that hack. I'm staying away from web wallet for life and no matter how attractive or easy to use they make the web wallets I'm not touching them. Its better than ending up losing your entire coin stash. Had few Ethereum on MEW which I'm going to withdraw from there.
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Is this some kind of game going on where one month there is news that Russia is going to accept crypto while the next month there is news that Russia is going to ban crypto currencies. Unless there are laws made for regulating bitcoin or banning it, no one in the crypto community should believe in these news.
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In case of money related services, every computer wants to have maximum security protection from the potential hackers.
Due to the disincentives in the PoW system, it becomes unattractive to bad actors and has exited. Attacking a PoW network is not cheap, and one might end up spending more than he can steal.
The PoS algorithm needs better protection as it is cheaper to attack. The deposits of the validities serve as collateral, and if they go against the rules and create an invalid block, they will lose their deposit. Both are pretty much safe to be used.
But the PoS system still has the upper hand due to the collateral involved.
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NEO’s NEP-5 token standard is synonymous to Ethereum’s ERC-20 token standard in terms of what they mean to the individual networks. Since the inception of ERC-20, there have been over 85,000 tokens created on the Ethereum blockchain network, just under that particular standard. This is a major focus in NEO’s growth strategy.
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I don't think so. Microsoft’s move was highly predictable, as the company had already shown its mistrust to digital currency ads. Besides, all the fuss around bitcoin and altcoins also added fuel to the fire.
Major corporations are seeking a way to protect their users from possible scams and malicious projects. Thus, the decision to ban advertisements of virtual coins on Bing is quite logical and barely has an influence on the cryptocurrency market.
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That's pretty interesting! By swapping out computer processing for dancing. the team could be addressing significant environmental implications as well as the sedentary lifestyle of the post-automation world.
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The FSA may not have advised to CoinCheck to remove Augur, but CoinCheck appears to be taking all precautions to distance itself from regulatory worries in the future.
Coincheck announced that they would begin to review and investigate their internal network to help further combat the bad actors who use their exchange.
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Not everyone does that. Some people actually hold the tokens but I guess most of them sell because they sometimes are afraid that its value would drop. Some may also sell so that they can invest in better coins.
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