Interesting research and figures. I knew that many ICO projects were fraudulent, but I did not think that it was 81%. Of course there are good and promising projects, but We need to be more careful when choosing.
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It is very interesting what purpose he pursues, the fact that he negatively speaks in the direction of bitcoin? Does this clever guy really think so?
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I understand that the crypto currency will not have stability until they are regulated or in any way affected. Perhaps there will be exceptions, such as Tether or some other.
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades. How the police can find about these transactions? Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people. Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
Although you have the rank of beginner in this forum, I like your reasoning and I completely agree with you. But unfortunately not all people think so, and some think quite the opposite.
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I was actually help my mum to invest in bitcoin and taught her how to check price and some basic knowledge of coins for her to know. But she had a very wrong think of investment that shouldn't have which is to buy it when the price is high and not to sell it when it is low. The best way is really to hold the coins because it will rise again although is not in a short period, but patient and the willing to hold the risk is require.
It's funny that you taught your mother to invest in crypto-currencies. I think that there are many such people who do not have much knowledge, and they make purchases without thinking about it or when the price increases.
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When bitcoin was 6k+, people were in a panic, and they wanted to sell it. And when the price of bitcoin soared, it was an interesting phenomenon that people were going to buy it again. Yes, you noticed it well. Indeed, when the price was down, people just wrote that it was a crash and it was necessary to sell all the crypto-currencies, but when the price started to rise again, the opinion also changes, and more and more people are thinking about investing in bitcoin.
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That's right, I completely agree with you. You need to follow the news and be aware of the news, but you need to react to them correctly and never panic, because with the help of this news, some people are trying to influence the price of crypto currency.
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I also think that the ETH, it is absolutely possible to overcome the price of 1000 dollars, because the market is recovering and there will still be a lot of good news about ETH.
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There is no doubt that from the participation in the company's bounty the signatures can be well earned, but there are also disadvantages when you wear the signature for two months and at the end the project has not collected the necessary funds and we are left without anything. To insure your earnings, it's really a good idea to devote your time to translating, creating content and writing articles.
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How could war affect crypto?
War, in any case - it's very bad, and very sorry for those people who perish from it. In a country where there can be war, crypto-currencies will not come first. Let's think about good.
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Bitcoin is very expensive and slow to use. Altcoins are needed as long as they do not develop technology
I agree with you that we need Altcoins and they, like Bitcoin, are the components of the market. But what you are saying about bitcoin is all relative, and this is your point of view, but I do not think so.
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
As said earlier, you must invest the amount that you are not afraid to lose and that you do not expect in the short term.
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What have you been using your ETH for?
For trading To buy ICO For long term investment Other - explain
You have written correctly, ETH can be used in many ways, and it should always be with you. It all depends on needs, I use for everything, I try not to stop on anything.
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I think bitcoin is better than banks because with bitcoin we have full access and control, I do not like to waste time waiting in line so I hope that someday the transaction system is like bitcoin.
Of course, bitcoin has many advantages, but at the moment, we can not give up banks, because it will change the world economy at the root. In any case, at the moment we should rejoice that we can use bitcoin transactions, and the rest are crypto currency.
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Personally, I try not to sell anything and wait for the right time, when the market is red. But if I had more money, I would buy some coins.
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First of all, we still don't know whether the recent crypto craze is a bubble or not. Even if it is a bubble, the largest market capitalization ever recorded was around $750 billion on December 2017. Compared to this, the market cap of the Dot com stocks in 2000 was close to $6 trillion. So even if this is a bubble, it is not the biggest.
I don't care if the cryptocurrency is a bubble or not because as long as i am making money and i am enjoying what i am currently doing then i don't care to the other people if what is their point of view in cryptocurrency. I want to enjoy and continue doing what i love about cryptocurrency and for me, it is not a bubble because big companies are embracing cryptocurrencies. Well said! I stick to the same point of view. I'm also studying crypto-currencies now, I'm enjoying life and making a living, and if something changes and the crypto currency is somehow banned around the world (although it's impossible), then I will always find a job. In the meantime, let's believe in the development of crypto-currencies and their future.
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In the future, this may happen, because the crypto-currencies are developing and their popularity and recognition, practically all over the world, is growing. It is not known how many years must pass, so that we increasingly use crypto-currencies as a means of payment, but I believe in it.
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I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
A combination of factors, including this one, can affect the price of bitcoin, but not everything depends on the small holders of bitcoin, since large capital or many holders are needed to influence the price of the coin with the largest capitalization.
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I agree that the change in the price of bitcoin is followed by a change in the price of altcoyins. But how can we influence this? we can only manage our own number of coins, which we have.
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Of course I've heard about it. This project has a huge scale and a very interesting project that will change and improve the social network. It's hard to imagine that bitcoin will be overthrown, but let's see how it really will be.
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