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Seems pretty legit run for me. Libra was presented to the world and the naysayers finally decided to join the party.
We are seeing a slight pull back as a correction and probably we will have a few months of consolidation.
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Crypto marketing and crypto freelancing is just freelancing that exists for decades. In some periods it can be better paid than platforms like upwork and fiverr, but in other periods it can not be paid at all. The only new element is the crypto dynamics and dealing with coins. No other innovation here.
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Bitcoin's dominance just passed 61% and I think that most traders are ditching the alts. Major plunges can be seen among a lot of top 50 coins.
As I am not a trader, this exercise is too complicated for me. Unless you are very savvy in the trading part, it is risky to make mistakes and destroy value.
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Technically speaking, Facebook's Libra is an altcoin. And it will probably the largest market cap coin of all. Way bigger than Bitcoin's market cap.
So yeah, the big players are coming and solid altcoins will be created in the future.
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When spoken in $ terms, Bitcoin cash's price can go as high as Bitcoin's price goes, because of the heavy correlation.
In BTC terms, I don't think that the price of Bitcoin Cash can ever be greater than 1/5 of BTC's price.
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I don't think that ICOs will stop to exist. People are gonna still create start-up and look for funding.
ICOs, STOs and IEOs didn't make traditional crowdfunding methods like kickstarter stop their business.
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I do believe that Facebook definitely can be the main catalyst for mass adoption of coins and tokens.
Not really sure about Telegram, though. Yes, the messenger is popular and used around, but not as much as the top dogs like whattsap (again, owned by Facebook).
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I think the time to sell all altcoins for Bitcoin is when BTC has bottomed in $ price. When it starts growing, that is when everybody sells the alts for BTC and you want to time the markets and be the first.
After a massive BTC surge, there usually comes the altcoins season and money start flocking back to alts.
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Well, while looking at all the logos from the picture, it does sound like the new crypto King.
Actually, not only the new crypto king. But the new money king.
Banks and institutions should be scared. This thing will be huge.
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The bull market arrived and all the amateurs are attracted by Doge and Tron again. These are parody and/or abandoned forked projects, guys.
I know that understanding a dog picture is much more easy than undestanding what DAG is, but money doesn't come easy.
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We are definitely seeing the bulls ariving. One important thing, though, would be that good support lines are created. Last time when Bitcoin shoot up parabolic from 10K to 20K, it happened in days and it was a surge with no solid ground and foundations.
That is why I hope it will trade sideways around 10-11K for a while.
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Libra is going to be a permissioned blockchain. No mining as I hear. There will be nodes that will validate the network. Dozens of them. And all of them are well known players - big corporations. 10M dollars stake to run a node.
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Books specifically for cryptocurrencies are not many for now. I have read mastering Bitcoin by Andreas Antonopoulous. Although it is for tech geeks and developers, I find it very helpful for the mass reader, too. Much deeper understanding of the Bitcoin network, than the information circulating around.
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There are a lot of whales that bought at huge secret discounts and they unload the moment they can.
There can also be a fake high open, so the team can list in their resume that the ICO opened at a high price.
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Depends what you are asking for. If you are looking at it for its fiat price, then it means nothing. Because the fiat price movements depend on Bitcoin mainly, and not on the specific altcoin discussed.
The only thing that matters is its performance towards BTC.
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