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I've always been a bit skeptical of EOS because of the huge never-ending ICO. It's one of those things like DeepOnion where I just don't like the approach. Maybe it is a good project, but I think there was an element of greed to the sale and I'm staying away.
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It's probably as good a time as any. Prices have dropped hugely since this time last year. Maybe they'll fall a bit further, but hopefully the big drops are now behind us. If we do hit bottom soon, then it is probably better buying a bit before bottom rather than a bit after - we only know where the bottom is once we've risen some way past it.
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I say YES for quality ALTs with working teams and good vision. I think Cardano, Stellar are a couple of good ones!
What do you think?
In addition, I think you need to hold for a couple of years!
A lot of coins are available at big discounts now - maybe prices will fall further, but certainly current prices are a bargain compared to a year ago. |
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I know a lot of users thought 6K was the bottom for BTC...then it plunged another 50% down to $3200. Right now BTC is looking pretty strong, it had a HUGE spike from the support level. This COULD mean a reversal is imminent  Right now, I've been trying to accumulate as much NTS and BTC as possible. Every time BTC or NTS dumps a little bit on Nauticus, I've been picking some up. I think this bear market could be coming to an end and if it does we might see the next bull market start. Now, this could be a bull trap, but right now a lot of traders are optimistic and appear to exiting short positions and going long, so we will see. Look At This Bullish Chart Action! - https://nauticus.exchange/exchange/NTSBTCI wouldn't say it had a huge spike from the support level. Really it was only a small spike in dollar terms, I think it just looked big as a percentage because we have fallen so far. Even a hundred dollar rise looks big now, whereas in late 2017 a hundred dollars was barely noticeable. I'm not convinced we've hit bottom yet. Maybe we have, maybe we haven't, there's not enough evidence yet. |
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If we do see a bullrun in the coming year where do you guys see the price of eth, being one of the most reliable and sought after cryptocurrencies.
Rough guess I'd say between $300 and $500. I don't think we'll see the return of the 2017 highs, at least not this year. A lot depends on how BTC does really. ETH (and all other cryptos) are still closely tied to BTC price movements. |
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I think a lot of the hysteria that usually surrounds this sort of thing is the 1:1 nature of the airdrop.
It is easy for people to think this means 1:1 in terms of dollar amount, whereas in fact it means 1:1 in coins.
If coin A costs $100 and you have 10 coins, you have $1000 of that coin.
If coin B costs $1, then a 1:1 airdrop from coin A gives you 10 of coin B, which is worth $10.
So often the airdrop isn't that great, it's just publicity.
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Many people use The Tether[USDT] as there Safe ´´Wallet´´ so they Purchase it and Tether always keeps up the Same Price as you can see it doesnt really went down since 6 Months
My Question about it Do you use Tether to?
I use it when necessary, but I wouldn't hold anything in Tether for a long period of time. It is still crypto and is still risky. It doesn't always maintain the dollar peg. |
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Difficult to say whether it's time to come back. We only know the bottom of the market after it has happened and prices start to rise again. The question I suppose is are we near enough now to what we think the bottom will be? We have had a bit of relative stability, but the bearish trend hasn't really shown much signs of stopping yet.
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No, I would say definitely avoid it. Maybe the owners can make decent money, but I doubt very much that the individual users can. The time for making easy money by mining has I think long long gone.
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The bear market continues, but I think we might be slowly levelling off. We shall see I suppose. It is difficult to determine how much of this is hope and how much is based on detached rational thinking... but the decline is I think showing some signs of slowing.
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Yes, I think all good coins will see new ATHS at some point... maybe not this year, but the potential of crypto remains as strong as ever. I am confident that the good coins will reach new ATHs at some point down the line.
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I do think we'll see some price improvement this year, but I don't think it will be anything like as good as 2017.
2017 remember not only finished on a huge high, it also started very low - well below what we currently see in the markets. Replicating the percentage increase of 2017 is I think extremely unlikely.
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I don't think there will be a separate coin from the unforked chain, at least nothing worthwhile. As far as I'm aware Constantinople is a non-contentious upgrade, so everyone will follow the new chain. There will always be someone who claims to have a viable new coin following any fork, but I can't see any new variant being sustainable. |
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These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.
In my opinion:
If blockchain is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?
Scams are possible mostly because people are greedy and jumps in without thinking. Full KYC could allow a new level of scams, like identity theft (just think: not all coin developers are very good). Even anon coins do have the feature of auditing. Monero has something like view keys. What I want to say is: KYC would not help and scams can be checked out even on anon coins with auditing. So imho even the current "transparency" where everybody can see what's in your pocket is too much. Agreed, and I'm pretty sure KYC scams are already happening. You do see 'airdrops' that require KYC... it would be a very bad idea to hand over your valuable personal information in exchange for coins that are likely worth a couple of dollars at most. Unfortunately scammers can rely on the KYC requirement giving them a badge of legitimacy. |
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What is everyone predicting as the bottom on the market for ETH and BTC for 2019
I think BTC is the one to watch. BTC pulls the whole market with it, and I think when BTC starts to rise then alts will follow shortly afterwards. So ETH bottom price I think is not just dependent on ETH - it will probably keep falling until BTC starts to rise. Constantinople upgrade for ETH is a complication that could well affect this though. Obviously it has been postponed again, but if the upgrade kicks in before BTC stops falling, then it may help ETH to resist further drops. |
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We are definitely still in the bear market, but I am optimistic that we'll see a solid support level fairly soon. Crypto still has just as much long-term potential as it ever did. I do think the worst of the drops have already happened, and we will see a return to more bullish markets at some point this year. Whether they will hit the previous ATH levels is a different question, personally I think that's unlikely given this huge drop we've had. I think a lot of people will be ready to sell up and take profit once we eventually return to higher prices.
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I do think that NEO is a good project, and the big price drops from the ATH do make it attractive at current prices. One question that's pertinent for all coins though - the bear market continues, so will prices drop further? I suspect they will.
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I am holding a bag of useless illiquid tokens. So do millions of other people in our community. We must do something about it! So I decided to Pick up the gauntlet. I’m having meetings with projects leaders, big companies, and trading platform, trying to find the best solution for all of us. Would love to hear your situation, thoughts, and ideas.
I seem to remember there was a new project last year that aimed to scoop up and consolidate tokens from a variety of failed projects. Can't remember what it was called unfortunately, but I'm sure there was something. |
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We have seen prices nose-dive across all coins since the original post in this thread, bull I am still bullish over ETH in the long-term. It really can be truly transformative technology, and I think it is only a matter of time before we start to see large scale real world adoption. 'Scale' is an important word though, and indicates that we may have to wait some time... ETH continues along its roadmap, and Constantinople will take us another step further along, but there is still some way to go before ETH is ready for large scale real world use.
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Yes, it is sensible not to panic at price drops and instead to consider whether these coins have a future. ETH in particular is a great project, and once we get Constantinople upgrade then it will be better still. Smart contracts will surely be huge in the future, and at the moment ETH is miles ahead of competitors.
I am also confident that ETH price will rise in the medium and long-term.
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