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If they need to make cashless society and make use of cryptocurrency in daily transaction i believe it would be necessary for central banks to make their own coins. With stable coins people would not have to worry about the volatility and the coins could replacing the fiat currency.
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Do you think Bitcoin still on the rise in terms of market capitalization ?
Yes bitcoin volume definetly still able to increasing, and in term of value i believe it would increasing soon when nasdaq and bakkt launched, i believe it would happen cause there will be more new investors, more exchange and even market stock will approach cryptocurrency and start selling them and also ETF and ETN will be good choices for investments in bitcoin. |
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That was the collapse of ETH, because most of the airdrop and bounty programs were through the ERC-20 platform. Do you think the same thing happened?
No its not the reasons why eth drop. Airdrop only a way of marketing the project. Its not really affecting ETH price. The reasons ETH drop is cause so many ICO that are fail and dump their coins, and also few FUD and also mr. buterin statement that turns out makes people cashing out their ETH. But for me ETH is still the best coins and it will last forever and soon it will recover for sure. |
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dengan semakin turunnya harga coin dan dengan semakin banyaknya ico yang gagal apakah ini menjadi tanda bahwa crypto mulai ditinggalkan dan investor mulai tidak percaya pada ico?
jika tidak, kapan market akan pulih dan apa yang akan menaikan kembali nilai coin terutama bitcoin?
Pertama betul memang banyak orang yang berhenti untuk invest di ICO dikarenakan tingkat ROI yang sangat rendah bahkan dibawah 0%. Menurut saya satu-satunya cara untuk membuat market pulih adalah digunakannya blockchain technology di kehidupan sehari-hari dan juga harus meningkatkan daya tarik investasi kedunia cryptocurrency. Di bulan november akan ada exchange yang di luncurkan oleh NYSC bersama dengan starbuck dan microsoft yang dimana menurut saya exchange dengan nama bakkt ini dapat menarik perhatian begitu banyak masyarakat untuk melakukan investasi ke cryptocurrency. |
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I know that there are other members here working day and night doing bounty campaigns. But i think that doing bounty campaigns is not worth it especially if you had a lot of work during the day. Some are just boasting on their bounty campaign earning wherein fact maybe because they are lucky to receive those awards but somehow do not wish that you could be like them because some of the ICO project that you will going to work will not give bounty rewards and some of it will fail, or just pause. So no reason for sleeping late at night.
Believe me doing bounty is really worthed, yes its really sad sometimes all afford that we do in bounty sometimes not being paid cause the ICO is not success, thats why you should choose wisely what bounty you should join. Doing bounty also make me learn so much things in cryptocurrency, i love to read the news related crypto and seems like im more into crypto world and based on what i learn about cryptocurrency i believe somehow this will be big in future and right now its just the beginning. |
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Eth always able to bounce back and right now eth back into $220. I think the dump is end right now and btc price is increasing cause of ETF annoucement that would be happening in 30 September. Panic only make you regret, and it would be a big lose and also you will lose opportunity.
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Now that more and more countries are starting to go cashless ( http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage? Well the disadvatages would be goverments would not be able to make more money. I think sometimes goverments could help others by making more money to prevent devaluation and inflation. But i think it would be really convenient to use digital currency in everything in our daily transaction. |
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ether is not bad, it will be reinstated at the expense of the market pamp as it is on hearing as well as the cue ball. could be partially sold
Yes ether is not bad and i do think its better than ada, its true the eth are going down but when we look at graphic i think ada also down pretty bad as eth. I would recommend you to invest on XMR, dast and xlm, they not down really bad and seems have a good perfomance then ethereum. |
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Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
I still believe it still able to go up but it will take times and we need to wait for a lot of development in crypto world. The etf could boost bitcoin price into 10k and ETN also will help to increase the value a bit. But we might need more than that, lets wait until wall street start to sell cryptocurrency, i believe with more investors invest in crypto it will make bitcoin more stronger and more bigger in value and community. |
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Salam kompak untuk kita semua, disini saya ingin sedikit menguraikan sekaligus berbagi pengalaman satu sama lain. Kondisi market cryptocurrency saat ini memang miris sekali mengalami penurunan yang tak terbendung, terlepas dari itu semua pasti ada positif-negatifnya ataupun dengan kata lain dampak down dan optimis pasti timbul dalam diri kita sebagai para tradding. Namun kalau saya pribadi menyikapinya dengan penuh ketenangan sembari memetik pengalaman yang bisa saya jadikan sebagai pola tradding. Sekarang saya bertanya pada para mastah semua, bagaimana cara menyikapi keadaan seperti ini?.saya mohon maaf bila ada kesalahan dalam tulisan ini.
Iya sangat baik sekali kalau anda dapat mengendalikan emosi anda disaat market terus turun seperti yang terjadi saat ini. Saya merasa tetap positif dalam investasi yang saya lakukan di cryptocurrency, saya percaya masi banyak kesempatan di dunia ini dan tentunya masi banyak sekali peluang yang belum terjadi dan bahkan blockchain belum benar-benar digunakan dalam kehidupan nyata jadi menurut saya saat ini cryptocurrency masi dalam tahap awal perkembangan. |
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edited: (changed from question to statement)
If the Banks where about to give a service where the people can get a LOAN via Bitcoins I guess, it would be beneficial to all of us,The Banks and The Traders.
I think with this, trading would be a lot more easier, am I wrong?
Escrows will have an easier way to get money from other individuals, and the budgets for the Campaigns will be a lot more than before.
Well its true but you should understand the nature of businesses that bank do. Its hard to determine how much value people should pay cause bitcoin has a very volatile value and i think the risk is really high and i was work as a banker lending in bank and believe me bank dont like to have a high risk in the loan that they give to people. So i dont think bank would do such things. But maybe bank could lend a stable coins such as tether. |
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Well demand is the most important things that could drive the price of cryptocurrency, a coin without demands would make the coins useless and worthless. Supply is good for developments of price the more scarce of the coins the more valuable the coins is but still demands is the most important thing than supply.
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What do you thing, where crypto currency is going? Do you think this is end of crypto?
No the it would not be the ending of cryptocurrency, we are one step a head. In this year so many developing and etf will be approved and we got so many custody that really good for ETF. This will be the beginning and cryptocurrency will keep developing. Lets see what the price will be when bakkt are launched and etf got approved. |
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We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.
Well it would be hard to do cause bank need to lend bitcoin to gain a profit from doing deposit, and thats how bank got a money and pay interest for deposit. I dont think bitcoin could become lending instruments and even though its possible but its not really good as a loan. I dont even think people would want to borrow bitcoin for their businesses cause its too risky. With high volatility it would be impossible for bank to offer bitcoin deposits but i do think custody services would be possible and that will be good for bank to do it. |
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The sad truth is so many people that investing in cryptocurrency are in hope for fast profit and easy money. They lose their self and sell the coin cause they panic when see the market in bloody red. Its really wrong if you keep expecting green candle to coming out in investment, we are in stage of development which the market is still developing and still not mature, investing in cryptocurrency is good but i think it will takes time to be mature and when the market are mature the market will not be volatileas right now and also the price of the coin would not be cheap as right now.
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You can start trading with $100, you can learn to trading if you are still new in crypto trading. When you think you are ready and you understand the market movement i believe you could add more like $1000 or even $7000 so you could buy 1 bitcoin for trading and look how much bitcoin or dollar you could make for a month.
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Well market do affected by media, recent fake news about goldman sach canceling the trading desk give a big impact on market, even ETF postponed make so many people retreat from the market. I have always been condenming FUD threads. I do not understand why some people on this platform still have misconceptions about bitcoin and the other cryptocurrencies and post FUD thread. At times, some of these posts are ridiculous.
Well i believe its something normal, there is always con and pro in everything so its just an opinion and bad opinion also a good thing in my opinion. We do need a critism to make crypto become more better. |
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I never think bitcoin will and the altcoins also would not die even though there is several of them will die but the best will always stay. Bitcoin are developing and even considered as an asset with a value that cannot be denied. ETN and ETF is coming into bitcoin and also i believe soon enough the wall street will also come into crypto world. What we need is to sit patiently and let the cryptocurrency developing.
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Well i do agree the number of investors indeed decreasing. Many reasons why people stop invest in ICO
1. Many ICO are scam
2. A lot of ICO are unsuccess
3. A lot of new coins not able to hit exchange
4. Bad ROI
5. Market keep going down
Despite all of that i believe there is a good ico that are running and will success such as ROMAD the antivirus that use blockchain technology.
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Is better to buy after the ico has been listed on good centralized exchange and follow their roadmap, most of the project running ico now always found it difficult to list on exchange after collecting money on ico from the investors while most of them dump the project after ico.
Yes in this condition it would be better to buy it when it hit some good exchange. The reasons is cause recently there is maybe only 20% ICO that able to hit exchange and the price use to drop 50%-80% from the ico price. The other good reasons to buy it when it hit good exchange is , when the coins able to reach the exchange thats means the coins have some demand from the market and that means we can see some grow from the coins instead of dump that happen in decentralized exchanges such as idex and etherdelta. But still we dont know what condition will be in future, there still indeed ICO that give you ROI if you bought it during the ico sale, the example is tatatu. Tatatu price in ico is 0,25 USD based on icobench and right now tatatu price is 0,553 USD, so i think its still not clear whether its good to buy in ICO or buy it when it hit the market, i believe investing money in new coins is good for long term and not good for day trading or for short term. |
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