I believe that ETH is better than XRP and what is happening on the market now does not affect my opinion. Why do I think so? Well, for this you need to understand what XRP is, namely, whether it has prospects for growth, as now it is just a manipulation and soon it can go lower again. The answer is simple, XRP is used in the banking sector and cannot be expensive, since then no one will use the services of the bank. Based on this, it can be understood that XRP is growing now only at the expense of volumes and most likely they are artificially raised. It is also possible to say about ETH, only on the contrary, the price of ETH goes down due to market manipulations. Especially ETH has a developed platform. I think that it will be necessary to compare them a little later, when the market will go up.
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###APPLICATION WEEK 6### Google PlayStore Username: Vladimir Pechyoniy Downloaded, rated and commented Applications: 1- Bitfxt Cointracker - downloaded + rated 5 stars + comment 2- Bitfxt Wallet and Exchange - downloaded + rated 5 stars + comment
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You're right! The price of course can go up to 4000 USD for 1 BTC and even lower, but another factor is interesting, why does such a sharp drop occur? I think if we can understand the reasons, then we will know what will happen next. One thing is clear for sure that the market is being manipulated and now the price of BTC is specially lowered downwards and of course someone will buy it. Zanchit can be concluded that the fall was done on purpose to make a panic and to get stuck again at the lowest possible price before the market grows. Imagine another, lower the price of BTC even lower, who then wants to deal with such an asset? That's right, most of them do not want to, so the option with a large drop disappears. Yet this is the last chance to buy cheap and then only up.
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I also believe that there is a possibility of a market reversal by the end of 2018. In my opinion, a factor could be the launch of the Bakkt platform, and now we are witnessing an attempt to push the price as far as possible and to purchase top-end crypto assets. Most likely, this is precisely what is being done to enter institutional investors. If you have noticed, then the price can both quickly be lowered down and quickly raised up. I'm still not discouraged, and now I'm just waiting for the growth of the crypto market.
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We want to understand when there will be growth! But apparently, you must first understand what is happening right now. Now the crypto market is going down, it means someone is selling and someone is buying, yes, yes, it is buying. So now it seems that there is a set of positions, that is, it seems that the major players are buying top-end crypto assets. Then another question is why do they do it, if for example there is no more growth? So someone is sure that after he will sell everything bought more expensive and earn it. What should we do? I think that we just need to wait and in the future we will definitely see growth.
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I personally really like this job. It does not require money and does not need anyone to invite or persuade to take part, as in network projects. Also, thanks to ico and their bounty programs, we get an excellent opportunity for participants not only to earn money, but also to learn more about cryptocurrency and blockchain technology. Yes, there may be different moments, both good and bad, but you still need to always be in a positive mood and believe in the best.
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I do not think this is the end of the crypto market. The crypto market has not yet reached its peak, which means that the highest prices are still ahead. This is indicated by many factors. One of them is the systematic regulation of crypto exchanges. If the crypto market were no longer needed, then no one would talk about it and make plans for development. I think that now they are trying to buy the crypto assets as low as possible, and then there will be a growth.
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