No that does not mean it is backed by large financial institutions but it is very good for bitcoin because serious people can invest in bitcoin through such financial institutions.
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It is a temporary crash and not just us all stock market is down,it is obvious crypto will show dip and second recent fud created an uproar of crypto ban but it is just obvious movement if you are in crypto from a long time.earlier china ban on crypto caused similar crash but we have seen what end of year was so this year will be excited then previous year as many countries are considering crypto as a tax generation asset for their economy and new partnership are approved.
I agree with you, it is temporary but I don't think people selling stocks are buying bitcoin, if stock market crashes then crypto market also crashes, it will affect us badly.
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I hope so! so I can buy more, but I don't think it will fall again, I even do not think it can fall to $5000 because I am seeing huge buy walls, there was an great exchange at these levels.
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I think neo, lisk and oax may be very profitable if you buy them now and hold them, if you take a look at these projects, you can understand how these projects can change the future.
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Best and safest ones are decentralized exchanges, but asset gateways are needed for withdrawal of fiat money so kyc needed as well. I think decentralized exchanges much more secure than trusted centralized exchanges.
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End of february will be the end of the crash and end of march will be the end of consolidation, after that market may think of rising again. It will not be so fast.
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Those coins which don't rise or fall with the market in crashes are mostly pump dump, scam coins. I would avoid investing in such coins even $5, better to invest in btc now.
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I experienced that selling coins for any other coin would be nonsense in a crash, because when market rise all coins rise, it may rise more than others but it is same for falling.
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I don't need to analyse these ICOs on these bad days, even a big company like facebook make a ico today, I would not invest in it, also it would be probably raise too much money than what it deserve.
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Not a big deal, they can just use a debit card or any other credit card of which there are many. They can even use a store credit card rather than one from a bank, these cards are crap anyway as you don't get anything but credit. Other companies give you reward points or superstore vouchers. It won't have a major effect, and with the price of bitcoin being so low they don't need credit to buy a decent amount of bitcoin.
I agree, this is not a big deal, but if banks block sending money to cryptocurrency exchanges, then it is a big deal but I can say that it is almost impossible and nonsense.
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No one cares about him and his bitcoin now I want him to be hodler but he would probably sold his bitcoin, this news even might be not real
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bitcoin price now is under 7000 it will go under 5000 it is real or FUD..who is manipulate this market...
everything is possible but it will recover soon.. so dont panic just a healthy price correction When every government bans crypto, it will not be easy for market to recover again It will definetely recover again but it seems it will take so long time.
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it is getting more scary everyday. Those who heard and invest in crypto probably end up 5x losses. They talk about 10x, 100x gains, but they have not realized that they took the risk of 5-10x loss.
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Bitcoin is going to definetely overcome this but I don't think it will rise, investors are scared and it seems people will not be willing to buy bitcoin above $10K again for a while.
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I think binance is very good exchange, very smooth, safe and easy for new people. It has listed many coins as well so far. I today used its mobile application as I could not buy btc on web page probably because of congestion. It worked smoothly.
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I think tomorrow it will go back to $8000 and fall below $7000 after $6... Levels it will rise up to $15K. Then fall again it can't rise before hitting $6k
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It is not stable, it is just trying to find where to go below $10k or to $15K. New people will get depressed, I think it will not break $15k in the near future.
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I think there is very few undervalued coins in crypto now. We are in middle of the bubbles, when it pops you'll see your undervalued coins at 1/4
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It depends on your investment type short term or long term. If short term popularity and hype more important for me team must be good as well.
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I think they are very beneficial not all of the tokens of projects should be airdropped. 1-20% is good depending on project. Others for bounty, ico.
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