The gold will crash and Bitcoin will be backing Up USA dollars so USA dollar will be tokenized and each USA dollar will be backed by bitcoins.
The Bitcoin was made to be new age gold so Bitcoin never meant to be money!
Its Coming 2020 and yes that will be happening
US dollars are not backed by gold, silver or any precious metals. It used to be backed ages ago. So, I don't think they if gold crashes, bitcoin will be backing US dollars. It is never going to happen. If needed, the government will make their own regulated crypto currency, making financial restrictions more strict then ever. Bitcoin was never meant to be the "new age gold". It was meant to be the perfect medium of transaction. You are wrong over here. Same opinion! Satoshi wants Bitcoin to be a means of payment, but it seems that everything has deviated from its original trajectory - becoming a "digital asset". If people want a currency based on Blockchain technology, the United States has more than enough power to create it but based on U.S rules. Libra is a prime example when it is causing the United States and other countries to think carefully about owning a Blockchain currency for themselves. USA, China, EU, I wonder who will be the first to do this. :/ |
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With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything. It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on? What are your thoughts?  We all know that ICOs and IEOs have abused cryptocurrencies and Blockchain technology. So, both have been too hyped. Of course, the hype of crypto has over, but Blockchain technology is still a future technology, the projects related to Blockchain technology still going on now. The US and China are both racing to create blockchain currency and payment platforms based on Blockchain technology, I'm sure 2020 will be an excellent year for Blockchain devs who are knowledgeable about this technology. |
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I think not only forex this is truth about every form of trading and humanity in generally. In every type of trading one loses because of their greed to earn money quickly and fear of losing money quickly. But these things can be solved only through constant practice and routine. One has to develop a routine and follow it with discipline everyday. Slowly you will develop a system and you will be following the system blindly without bringing emotions amidst your trading. This is the key to become successful at trading. Knowing that, but it's hard to control your emotions when you encounter unpredictable situations. For me, I choose to rest instead of spending more time to trade or follow the market volatility because I'm sure I won't have any accurate decisions at that time. When you see trading as your life, you know how to regulate it, I've heard this advice from a Wall Street expert. |
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The title should be ETH's return to sub $100 after hardfork.  Seriously though, fundamentals doesn't matter here now. The markets are not done being scared. The consistent price declines across the crypto board put doubts into investor's minds. And this is by far the greatest problem with using fundamentals, fundamentals can tell you what an asset could do in the future by looking at its overall state, it is obvious that ethereum is a good coin and that many of the upgrades that are taking place are going to be great for the long term prospects of ethereum, but that doesn't tell us anything about what it is going to happen in the short term, and right now the market is not moving upwards and regardless of how good we could think ethereum really is that fact is not going to change. General observations should be taken into consideration before investing but we discuss the second biggest market cap crypto here. The potential of ETH will definitely increase after the upgrade but speculators want to take advantage of the fundamental news before it becomes live. Tracking the long term price movements will add value to the portfolio, short term trading is very risky in the volatile crypto markets. You should try scalping in the volatile crypto market days. At that time, the long-term will make you ignore your opportunity to earn more profit. Besides that, you will have a more proactive position in the market. The requirement is you could spend a lot of time for trading and have enough knowledge about scalping trade. It is not yet known when hardfork will come, maybe it will come at all in 2022, but I think we should expect from ETH the price of $1000, as this coin is very promising and very important for crypto.
No, ETH 2.0 was expected to take place in Q1 of 2020. You can know more through this article: Here |
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We are in a very risky market for investment. We already know that. But the big amount also needs to accept the risk to make money. I think the price of Ethereum has dropped very much. He needs to react at these levels.
You have to look at the indicators of Ethereum first in taking this risk, the price of ethereum is indeed very cheap now, even less than $ 150, there is still support down if the current price is not strong enough to hold it, But it also can be cheaper because the coin isn't capped so there can be 2x as much ETH in future and the price will have to adjust for it. Maybe you should try NRG? Its a very interesting project. Whatever you choose I'd first buy Bitcoin and if you already have it try some PoS coins. Haha, it's a fact! At current, ETH is so cheap and no problem to buy some ETH, but no one can be sure ETH will be a success in the next hard fork PoW to PoS. However, more risk, more profit, I'm sure there's no investment type without a risk. Of course, some people will choose to hold ETH instead of buying more it at this time, but the chance just for any can buy when others scared. |
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So many big events and holidays are approaching, which forces investors to dump some of their assets, this money is to prepare for a change and start for a more wonderful new year, and as we all see, from our bitcoin locomotive to the altcoin, all have been bled, the IEO of the major exchanges is no exception. In addition, binance's IEO is no longer providing returns as it was at the start, a lot of data shows the weakening of IEO and investors may be tired of this plan, only very few investors continue, they usually sell as soon as they have a little profit, others who do not keep up will fall into the situation of dumping
They are just speculators, not real investors, so when the market gets gloomy or slumps, they become scared and sell things even at a loss. After all, they are greedy people because of the promise of IEO referrals. Without knowledge, without clear goals, failure will inevitably occur. |
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if the news is certain, I think 2020 stock market traders will see the crypto currency market, this could increase marketcap up next year, and Bitcoin is ready for tp the moon  That shift would do a lot much favor to bitcoin and crypto currencies market on the whole. People do invest large amounts in stock market and if they invest all that in crypto currencies or especially bitcoin, I am pretty sure we will observe massive increase in the prices of bitcoin. The more investment of course the more reward is there. I want now stock market to go down so that we can have more investment. That's very positive and I like your point of view. Maybe that's correct, it will become a crypto market for those who are a fan of coins, especially bitcoin. Stock market is a strong opponent but investment can take it down so that prices will become unexpectedly high because of the money they invested. Good USD in 2020 how come do you know because there have conflict where Trump president and parliament want to remove Trump from his place, but will give bad effect for USD value in new year and become bad thing for their cash money, I think is the best time for bitcoin become best currency payment when have problem between Trump resident and their parliament. Well, maybe you're right! Cryptocurrency could be a good place to use it for payment when economic instability. But, what will happen if cryptocurrency is the choice to keep the asset of most people at that time? If this case happens, I believe the value of cryptocurrency won't stable. So, I think we shouldn't use Bitcoin for payment in that situation. |
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In fact, it is difficult to predict what will happen to Bitcoin in the event of a global economic crisis. It is possible that people will buy it in the hope of saving their money from hyperinflation, as they do in Venezuela for example. But it is also possible that Bitcoin, which does not have a legal status in many countries, will scare off buyers by the lack of laws regulating the turnover of the cryptocurrency.
It will depend on countries say on adopting cryptocurrency if atleast they allowed to have exchanges or stores that can use BTC, it may solve some of their economic problem but if the government is threaten or giving them wrong interpretation then it will influence their people to not try it and just face the crisis like how they do it always. Instead of depending on governments to do something good, it would be better for us to focus on improving financial health on our own. Bitcoin lays a high threat to governments. It takes away economical control fro them. So a big resistance can be expected from legal authorities in accepting bitcoin. As individuals, we should use bitcoin and good altcoins for becoming rich and stabilizing our financial status. How to use Bitcoin and "good" Altcoin to make you rich? I don't know that!  Using cryptocurrencies to become rich isn't the same as trading cryptocurrencies. Cryptocurrency trading can help you get rich as long as you make a profit, but when you use it, for example, using cryptocurrency to pay, there is no chance to get you rich unless you use it as a speculative asset or for trading. Btw, did you have to pay any tax from this source? If you didn't do that, your country won't get any benefit when you use cryptocurrency |
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As a part of the community, we should not tarnished the image of it. The reason why there are people who are afraid because the misconception. I interview some people and they are afraid because the only thing that they know that criminals are using it. They think using cryptocurrency is illegal and bad. That is the sad part because the misconception is continuing to spread.
It's so usually! My parents or most of the people I know are 40 or older have this thought, even for those who are not knowledgeable about the internet or paying online. They only know crypto through investment stories with huge profits, and that makes them pay attention to this field. So when they learn about it through investment, they often come across Ponzi communities, otherwise known as crooks - criminals. Finally, they become the victim and spread the rumor out.  |
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I'm not sure if we will only use Bitcoin as a single currency in the Cryptocurrency ecosystem. But I believe that in a future where cryptocurrencies are legally accepted, 90% of altcoin projects, tokens, ICOs, IEOs, etc. will all fall apart, just like the financial bubbles have previously taken place in the past. That's important to help the crypto be transparent again. Btw, as long as ETH completed its project to change PoW -> PoS, I believe Coinfloors will have no reason to delist it like now. The fact is that, due to its high cost, Bitcoin can be used to make transactions of large amounts of cash between large companies, and in this case, the transaction speed will still be much faster than banking operations. But if we talk about using ethereum for a person’s daily goals, then I believe ETH has every chance of becoming one of the most profitable cryptocurrencies as a means of payment, since not only the transaction speed is very high, but its cost is also quite suitable for buying for example, even a cake in a cafe. Ethereum still has an unlimited supply, that's why so many people hate it. It won't be crypto for payment if this issue still available. Besides that, I think XRP will be better than ETH for fast payments if you don't hate the centralized nature of XRP. Or use an app like Coinbase still help you pay your bills. However, both methods still need a centralized system. |
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hello everyone I see that much of traders company and wheels speak about xrp that could hit 28$ I would like to know what do you think about is this possible ?
I can't see any reason why it would be a good store of value because its centralized nature. It's good for fast and low value money transactions though but i wouldn't keep much in it in hopes of it gaining value. How a token use as a service fee that can increase in price? That will conflict with what Ripple is looking forward to making XRP a cheap payment network globally. And Ripple worked as a company. They have $200 million from an IPO to grow their project at recent. The XRP value may raise, but I believe it can't increase more than $ 3 again, even $ 1. |
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For sure. I think that Criminals use fiat / gold as a means of crime. BTC is trackable correct , but i'm just saying that because there are some coins that are deemed "bad" , it makes the other ones that are virgins , more valuable.
There is no reason why 1BTC should be more valuable than the other. Always 1BTC = 1BTC. 21 million BTCs are all created in the same way, are charged the same fee and have the same price. In addition, many of the BTCs on the market have been used on darkweb many years ago. We do not have such a choice, and I do not think it is necessary. Whenever blood splashes on the BTC paid for the murder, we will differentiate them.Theoretically you are correct but in reality, virgin bitcoins are more valuable than normal bitcoin. Technically, both are bitcoins but the virgin one is being sold at premium in the market. The premium ranges from 10% to as much as 30% in some cases. Read the below article, https://medium.com/@official_83664/what-are-virgin-bitcoins-and-where-can-i-buy-them-d6eab0f669e0Due to the transparent blockchain technology, it is easier for the regulatory agencies to track down the bitcoins that are used in illegal settlements! Probably a normal human being like you and me, won't be able to differentiate between these "blood bitcoins" to "virgin bitcoin", but there are companies like chainanalysis or Ciphertrace is pioneering such techniques! Slowly becoming a reason of concern! Oh, interesting! This is my first time hearing about Virgin Bitcoin! Objectively, if we can distinguish them, it will create excellent value for an asset that can prove its origin. This is truly a fantastic project that makes me look forward to it! But the virgins will be tainted at some point --my imagination was thinking something else than Bitcoin, damn.
You made my day!! Lol! |
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If they blame millennials for this, maybe their thinking is too old-fashioned, it must be upgraded.
Millenials aren't to blame for the failings of large corporations, but millenials aren't without failings themselves (no one is). Every generation has had its own unique problems, but that's also true of a generation's positive qualities. I am not from the millenial generation, but I admire some of their collective qualities, tho I don't want to stereotype them. Every individual is different and the term 'millenial' is too broad a term to adequately describe their characteristics. Part of the employment problem post university is a huge mismatch between earnings and what they paid in tuition, I think. This current generation is getting raped by a lot of schools in terms of that, and it is taking forever for them to pay off their loans. Who could blame them for being pissed off at the system? A college education is a wonderful thing to have in my opinion, but only at a reasonable cost. Right! In my country, learning from elementary school to graduating from a regular university will cost you about $ 50k -> $ 100k, and most families of students are from the peasantry. To have that amount, they had to sell houses, land, and property to raise money for their children to go to school. But in the end, what their children get back is a cheap wage, from $ 100 to $ 300 for the first 3 years of work. That's a worse salary! Even it lost to a worker working in a factory - $ 500 / month. So many students have given up their jobs after graduation to become Gamers, Youtubers instead of office workers because they don't accept the fact they have a less salary than a worker didn't spend a long time for studying. The human ingenuity cannot be replaced by machines that are programmed though, that's why some of these companies simply crumble since they lack the innovation from true people working for them.
At least, we are still the creators of machines. So I hope that humans will not be overcome by machines someday because it will be as bad as a fiction movie. |
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During previous recessions people were in denial, just like how the mainstream media was in denial. This time it's completely different (the opposite), which I am actually happy with because I don't want to see recession take place. Recession isn't good for Bitcoin so please stop dreaming about that. It's not a safe haven asset and probably won't be for a long time.
It's good if it will allow you to buy more bitcoins. At the very least, most real world assets would be cheaper to buy so as long as you managed your money properly, you can profit off a recession or rather once the economy picks up again. But it's useless if Bitcoin isn't being taken advantage of by someone to increase its value. I know a lot of people will choose Bitcoin as a shelter when the recession happens, but I agree with 1Referee, Bitcoin isn't a safe asset for long-term shelter. Anyway, the economic downturn always brings pain to many people, although I can't deny that there are still opportunities to get rich. But for me, I don't like that happening! |
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Did you ask a question about why the price of ETH will drop to $70? Honestly, this situation can happen as long as a massive amount of Ethereum holders give up it at the next resistance price at $100, a flash dump to $70 by stop-loss is possible at that time.
I don't know that the sharks still want to make the ETH value will high again, but I'm sure before do that, they must create a FUD to make the most of ETH holders sell it. An old script but it's always true.
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I'm not sure if we will only use Bitcoin as a single currency in the Cryptocurrency ecosystem. But I believe that in a future where cryptocurrencies are legally accepted, 90% of altcoin projects, tokens, ICOs, IEOs, etc. will all fall apart, just like the financial bubbles have previously taken place in the past. That's important to help the crypto be transparent again. Btw, as long as ETH completed its project to change PoW -> PoS, I believe Coinfloors will have no reason to delist it like now. |
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Everything has warned long ago. If you are interested in ICOs and IEOs, and you really want to invest in these projects, you should understand that both are mostly the same. The risk is still there, and the manipulation of the rich always exists, waiting for the prey to come and eat.
Ideally, for those who still want to invest in IEOs or ICOs, I think you should stop investing in IEO or ICO at the moment if you do not want to grieve because of the enormous losses that can occur unless you are sure of the profits in hand.
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The blockchain is more a buzzword that companies use to attract capital than it is something that enjoys much real world use.
Haha, it's true. Use the "Blockchain" word that will help any project create an attraction for the investor - one of the best ways for start-up today. 
Even the World Bank and famous agencies that apparently work for the welfare of people are not always and totally involved in the charity cause. They have their own political and economical causes and concerns. Same is the case with banks. Banks are there to in some cases help out poor instead they still look for their benefits in such activities. This is the reason why they fear cryptos because crypto will not let them control money.
Well they should be fear at all, banks are the most greedy company we really have in our life, they are just after what they can have for you, they are not really helping the commmunity, everything about them is all about the money and for their own interest and just giving a very low interest rate for entrusting your money to them. From the outset, the bank was a tool to make a profit from lending. Lending is not bad if it helps both parties. But today, when the concept of banking has changed, it's used as a place to control people's money, to control the economy in a country, that's what makes many people feel uncomfortable. Developing or poor countries so hard to be rich, but the rich countries will always rich! |
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Sometimes I wonder why governments want to tax our cryptocurrency funds if they're not considered as money by most people worldwide?
Because they still haven't figured out how to control it entirely, accepting a new monetary concept while they haven't figured out the best way to control it is so risky. At least, they have made the right moves to accept it as a high-risk digital asset, although that's not so common. I also had to think a lot about this issue. The nature of crypto is not wrong, but because its privacy is so good, it makes the government have to think and worry a lot about the future of cryptocurrency. |
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