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What do you expect? where majority of the crowd sale is been done with eth on the ethereum network, so it means when the price is going down, more of these people will be dumping their eth to raise money for their project building. So i am not surprised the price went down that low, eth price went high because ICO investing was booming, but now many people are scared of investing in an ICO, so much no much are buying eth rather much people are selling it.
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Chinese are not the only country in the world, even if they ban cryptos, other countries will still invest into crypto currency, last year when they ban cryptos, people think everything in the market will go down, but what happen? we saw a great bull run, so crypto is a world wide market.
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For sure anyone investing into crypto currency is doing so hoping the price will increase in the future for maximum profit, crypto market been so volatile the price go up and down, so when we invest when the price went down, we will hope it will go up again for us to make profit, it's kinda risky though that's why we should always invest what we can afford.
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Crypto price does not have a bottom?
For tokens and Altkoins there is no concept of net cost, the price for crypto is not limited to both positive and negative values, although there is a negative limit of -18 decimal digits!)))
When there is no volume or liquidity for a coin, then that's the bottom because everyone wants to sell but no one wants to buy, and the sellers will sell with the lowest price making it to hit the lowest bottom it could get to. |
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I think ETF will be very good for bitcoin and crypto space in general, currently what we have now are speculators who when their is FOMO and dump when their is a little FUD, the crypto space need institutional investors through ETF, they will make the crypto market to be more stable because these people buys and hold for a long time
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It depends on the token, if the token is a solid project and has a great hype it will increase when it is listed on the exchange, but these bear market is making a lot of tokens to go below their ICO price when they get listed.
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In my own opinion I think bitcoin is a good buy now because the price is really down now and I think this might be the lowest it might hit before going up so high again, so investing in bitcoin is a good buy.
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can anybody guide which crypto is 50x potential in next 2 years.
I believe no one can actually predict the future, so no one can tell which coins that will do 50X in the next 2 year, If people can actually tell which coins can do 50X, a lot of people will invest in such coin and wait for the next 2 year. |
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Hello guys.
The new Bitcoin hard fork is coming which is name Bitcoin Real (BTCr). What do you think , this project is good or scam?
Everyone says that is really good project. and what do you think about BTCr price?
I am just hearing it for the first time here and I will look more into it but In my own opinion I don't really like all these fork projects and all that, most of them do that for their own self interest. |
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In my own opinion i don't think that rule applies when it comes to crypto market and bitcoin because this is a free market price, any one can sell at any given price he wants, so the value of bitcoin basically depends on the demand and supply.
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Guys what do you think the effect of the decision of UBEX team to extend their ICO Sale for more 2 months
UBEX's reason is the ethereum price now is low in us dollar price even they already sell 24,000 ETH of UBEX token
is it great or not good decision to Extend ICO sale?
what do you think guys?
The team knows how much they want to raise for the project and if the amount of eth they have raised is not enough to the amount in the usd, they might extend the ICO because of the falling eth price in other to raise more eth to make up for the price, so its normally for them to extend the ICO and I believe they did that for the best interest of the project and the community members. |
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not because i think dumps are over, they are still going on. but i say this because now after about 8 months people have finally accepted the fact that the altcoins are getting dumped.
so far, for instance a month ago, if you asked them "is this the bottom" then they would have said yes, and expected the price to rise up soon to the moon,... then they got dumped on while bag holding.
but now that they have accepted the inevitable the dumps can go on more smoothly and we can reach the bottoms so much faster because bag holders are letting go of their bags now.
and we all know that in order to rise back up price needs to hit the bottom first.
How sure are you that we are very close to the dump bottom? I think that we might see another major dump should in case bitcoin ETF didn't scale through and gets approve, For me no one actually knows the market outcome, let's watch and see how things will unfold |
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For me i am currently using steemit for all blogging activities also i use brave browser, that's basically the two blockchain app i make use of almost on daily basis
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This really happens and it's more reason why you need to always read the white paper to check the project token lock up period for the team, for me anything less than 2 years and more token lock up for team, i won't invest.
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In the following year ETH will overwtake BTC as the number 1 cryptocurrency. I would dump your bitcoin while despite everything you can.  That's your opinion but in my own opinion I don't think that will happen any time soon, in the future, ethereum network will share it's market value with other smart contract based platform making the value not to go so high, |
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For me I will always go for smart contract platform so for my top 3 best coins from 20 coinmarketcap top coins, I will go for ETH, EOS and NEO, I think that in the future, smart contract platform will have more usage than any other platform, my opinion though.
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I agree with your point, most times when i see the ICO hard cap about how much they are looking to raise, it makes me to wonder, most them have a hard cap of 12 - 50M or even higher and I start to wonder what they are really doing with all that money, someone told me that they use it for exchange listing and paying for partnerships, I don't know how true is that?
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I think the two coins are good for hodl, if it's me, I will divide the invest into 2 and invest in the two coins so that which ever one that turn out to be successful, I will profit from it.
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It's unfortunate he did not succeed with it, most times in life we just have to take some certain risky to be a millionaire, had it been he succeeded with the it and the crypto was in steady bull run, the story won't have been the same by now, but i still think all hope is not yet lost, crypto market might still enter into bull run.
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Yeah I agree with you blockchain technology has brought a good opportunity for the people all around the world, in the past it is not possible for anyone to invest in an idea or business across border but blockchain has made that possible, so i believe blockchain will be great in the future, let's be hopeful
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