Eth is built for smart contracts we have seen more than thousand projects are built on ERC20 platform whereas Bitcoin is for fast low fee transactions both cant compete each other
Whether ETH is better than BTC in many ways but still it can't replace it anyhow. BTC would still be the top choice as it had gained too much popularity and as compared to ETH it has a huge market cap. For ETH to replace BTC, BTC needs to fail very badly or if people all together starts to dump this coin, but I don't think that's going to happen anywhere in the future...
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The $ 7000 target is still rational, because most likely the price of Bitcoin will indeed go there, but we cannot predict accurately, because predicting the price of Bitcoin is very difficult. But we can find references to last year's experience. The chart are almost the same.
Yeah, bitcoin's price prediction is quite hard as it not always goes as per your predictions but still I think 7000$ is most probable to occur. With any further decrease in the value of the coin, I would only prefer to wait and hold the coin patiently till the next pump...
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Unfortunately it is not possible for ethereum to rise to $ 15000 in the short and medium term. This is a bit of an utopian guess. However, this can happen in the next 2-3 years, and probably by that time the bitcoin would have exceeded $50000 or $100000. Not only ethereum, imagine other coins for that time!
15K$ is too high for ETH. Currently, ETH is still fighting to get over 200$ and before the year's end, I don't think it would manage to get over even 400$. Achieving the milestone of 15K$ won't be an easy task for ETH and that might take years to accomplish and if a strong opponent emerges in the future, that would add even further difficulty to the reach there for it...
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It is still very far for ETH to touch the price of $ 400. I think by the end of this year, ETH is still above $ 200, it is not possible to be able to go up so fast with the bullrish, indeed I also still hold the ETH and buy around $ 180 even though currently the price is down I'm not panicking and not worried because ETH is able to rise.
Yeah, ETH is still struggling to get over 200$ but I think it will somehow manage to grow with time. The current price of the coin too low but still I believe it is quite an affordable rate to buy. ETH is one of those coins who possess great potential, so even the price of coin is now down, it will rise soon, hence hold it strong and the coin will provide you a good amount of profit in the future...
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Dear All! What do you think about Bitcoin 7700 $ in the next two weeks. At least I see it like this. Consolidation completed. But Bitcoin is pulling down last the analysis. Although I may be wrong. BR
As per the current market situation, I don't think we have to wait for weeks since 7700$ is more likely to occur this week only. Well, under such circumstances I'd prefer to HODL as long as the market stays down and till the prices way back to the uptrend, I think there's a good opportunity to get more of these at cheap...
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Dates would be useful here, but you get the idea. Does this mean Bitcoin is no longer in a bull market? I haven't double checked these numbers, but they look about right.
Corrections are linked with a particular rallies, not the whole market. If we say Bitcoin is corrected from $13K to $7.8K, this correction is connected with the Bitcoin rally from June 6 to June 27 when Bitcoin first started moving from $7.6K and ended up being $13.5K in 17 days. The correction indicates that this run has been diluted but it is wrong to assume any relation of correction with Bull Market. We can't say just because Bitcoin fell 40% in last 2 months, it will remain in downward trends for upcoming months. Corrections can't be linked to overall behaviour of market. Bitcoin can still catch another rally anytime soon.
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Well, if you believe and have an optimistic approach then you still can earn a lot in this market. The only weapon that will help you to succeed in the market is patience. I have seen many to believe that they can turn into a millionaire overnight in the crypto market but that's not true, it requires a lot of time and patience. Bitcoin and the crypto possess enormous potential to provide you great profit but for that, you would also require great hard work to analyze and study each of the market movements. And by planning things wisely, in the end, you'll be successful...
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Both has good potential but to compare the two is a mismatch, Ethereum has so much more can offer the reason that it is widely used in dapp creation while Litecoin only function as a normal payment solution. Ethereum could be the good option due to its multiple function and growing applications that can normally drive its price up.
Yeah, Both LTC and ETH are good and promising coins. But to choose between the two, I'd pick ETH over LTC as the growth of ETH much greater than that of LTC and the rate of development is also high. ETH is based on ERC20 which is the core for many other projects. Moreover, ETH provides more functionality and thus is leading the alts. The ETH also serves a good demand in the market so, undoubtedly I'd go for ETH...
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Well for me, ICOs are now dead. All great developers aren't interested in developing good projects since the cryptomarkets isn't performing good since the price of bitcoin affects the cryptocurrency economy greatly the IEOs is basically pump and dump scheme most of its projects are shit only few projects in IEO are promising but i doubt that it will prosper.
Exactly, I'm just done with the ICO's since most of these are just turning out to be a scam and are not really useful. Most of these are not able to reach even their starting capital as they demand too much in the bearish market. The ICO based projects are now too difficult to succeed as the investors are no longer willing to believe in the ICO projects and I doubt it would be difficult to rebuild that trust...
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The top performing coins are worth investing in these days.
90% are the sh*tcoins, only the top 20 coins with a good market capitalization are worth to invest. The coins like ETH, BNB, LTC are some of the good potential coins and these perform well in the market. So, it'd be better to stick only to these coins and stay away from the garbage...
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No. I wouldn't do that why? Because it is risky bitcoin is very volatile asset this isn't like any asset like stocks which it's price determine based on performance of a company and besides the price of bitcoin isn't not is decreasing at the moment it isn't good choice to buy it is quite painful to finances to pay 500 usd per month.
I am not a financial expert but i am saying that your choice isn't good at all
Yeah, I won't consider it a smart idea. Although bitcoin is quite a secure and trusted source of investment still there's always a risk factor involved while investing in it since the currency is too volatile. The price of the coin won't always go up to your expectations and this can generate some serious issues making you fall in debt. And that could also further lead to panic selling advancing you lose even further...
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In crypto, always 'now' is the right time to invest. None is sure of tom's value of coins. Study the coins you wish to invest in. Dont wait for times to see values come down. Anything can happen with cypto. so never wait for times to invest.
we must also research before starting because this is very important in terms of investing. if we continue to learn will get the results and benefits that we get Agree with you we should invest only on right time as new trades and investors don’t know when they should invest when is time in market. According to me now a day is good time to invest as price is low and $8k is really good price time to start investing. Having patience will be your weapon to fight against the high volatility. Yeah, for the investment proper research and analysis of the market is very important. An investor should always seek the right time to invest as only then he'll be able to get a good amount of profit and it would also reduce risk to a great extent. And for now, I believe it is a good time to invest as today the price is still not too high and is manageable to get...
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We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin. Right now it is quite uncertain to predict the BTC value since as per the current market scenario it would be very hard to conclude about the next pump. Bitcoin is such a volatile currency that any time it can go anywhere but the present situations are making it difficult to reach 14k$ before 2020. The price is still loitering around 8k$ with the little ongoing fluctuations so, a good 5 digit value seems quite challenging to achieve for it...
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I was away in Dubai for work while my family were staying back home in my country. They were 100% dependent on me for food and sustenance. Allowing the BTC to sit in my wallet while my family suffers was not an option. So, I decided to sell and solve my immediate problems, to feed and cater for them. Did I make the wrong or right decision? ...... ....... Have you ever sold your BTC at low rate and it later bumped and you were regretting...?
What you did was right beyond any doubts. See the regret game in crypto market never ends. What if you kept the btc till now and sold it today @ $8K each and Bitcoin rises to $15K each next month? So make it rule to never check the market once you sold your investment. I have sold many of my bounty coins at lower prices and then regretted selling them for too low but regretting never helps. So it better to never look prices after exiting the market.
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Giving away so much discount to their target investors and promising a big exchange. This are the basic promise of those scam ICO, BUt that are just speculation. We will always see those scammers at the end if their ICO.
True! Never invest in the project that gives discount on time basis. As soon as coin is listed on any exchange, early birds dump their coins and coin never recovers such dump. However, it is wrong to say that such projects are scams, it is just that their marketing strategy is poor. The easiest way to detect if project is scam is by looking at the team. It is easy to detect whether team is genuine or fake. Also previous experience of the team could be checked.
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The question is in what way the new printed money will find the Way in to crypto market? As Property and stock markets are booming gold is going up too we have like new economic fresh start everything is going up but Bitcoin is Still down! I wondering wich way the New fresh money as euro, usd and Australian dollar will be invested into cryptocurrency market?
The total market cap of all cryptocurrencies is still very low when compared to other assets. The hypothetical value is only $213B right now, real being much less. So there is still lot of scope of investment in cryptocurrencies. If every thing goes right, we may see market value increasing by 10 times in next 5 years. It is wrong to assume that Bitcoin market has reach the saturating point and need new printed money. It is still possible that existing money will enter crypto market soon. Just keep believing bitcoin.
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On the other day, I think of the use of stable coins. I mean, when can we use Stable coins as an alternative fiat. You see when a bull run comes and everyone will start to sell their Bitcoins and some other coins into fiat the network will be congested.
So I think if we buy Stable coins with some stable volume, we will no longer need to worry about unable to sell our bitcoin into fiat. Rather we only need to do this thing right? is this some acceptable alternative or no?
Stable coins are very helpful when you change your position in market very often for example, if you are indulged in day-trading. Rather than buying/selling for fiat, you can simply shift between crypto and USDT and make short-term profits. This reduces trade timing to very minimal. Other than that, I don't think there is any benefit of stable coins in trading.
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Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear. Holding is the best options now a day, Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding bitcoin just easy way to gain profit.
Exactly, Bitcoin is the future since it is based on one of the most revolutionary technologies i.e. blockchain. It has gathered great global attention in such a short span due to its enormous potential that had profited many in the entire world. And from the past few years, it had turned out to be one of the most secure and successful investments. Investing in BTC and holding it had always proven to be a quite profitable deal and that's the reason why it's always in great demand...
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Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?
See there are too many options to invest so don't just rely on a particular coin as believe 1300$ is a good amount to invest. You can invest 50% of your capital in BTC and for the rest, pick from the top choices. I think ETH, LTC, BNB would serve as some of the suitable options, so go and invest now as I anticipate a rally to hit the market this month only making the prices to incline in the upward direction...
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ico is not completely dead yet, because there are still many developers who launched the ICO project in this forum. but I see now many investors who prefer to invest in IEO large exchanges and investor confidence has collapsed because ICO always produces junk tokens and many of them end up with fraud.
ICOs are almost dead for now. First of all many of these are turning to be a scam just fooling people in the market. Secondly, even if the project comes with a good idea and a good technical team, they ask for too much in the bearish market and hence are not able to reach their starting capital. And since the market had taken the downturn, most of the investors are taking their step back as they hesitate to invest in the new ones and restrict themselves to the old trusted ones. So, let's see whether these conditions prevail for long or not...
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