It seems to me not correct that the price of most ERC20 tokens depends on the price of the ether! What do you think?
It's a good theory but doesn't always work. Most alts will follow bitcoin including ethereum so they all kind of rise and fall together. In a stable market some alts rise above the rest and those might be ethereum tokens. If these projects were reliant on ETH then yes there would be a stronger correlation, but once on the platform it just requires a bit of ETH to cover wallet transactions
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Thankfully ethereum is having a small rally today, i guess the bears have pushed it down as much as possible without it collapsing completely. Demand for ethereum will always be there, China ranked it as the number 1 coin in crypto based on a variety of factors. Also many ICOs will only accept ethereum so investors have to buy it in order to participate
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Considering what is happening to all coins i would say it is about right. What you need to remember is that institutional investors will only buy up trustworthy coins, and Asian whales will certainly pick up a shed load of NEO. Holding big wallets of NEO and GAS tokens now will make you a wealthy individual this time next year.
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It could be that the projects look for bounty managers that will campaign for anything and the same ones keep getting picked on - bad luck for them. Haven't joined a campaign by needmoney, i try to avoid anything that looks like a scam but haven't always been lucky. Destream for example changed the rules so i had to leave the campaign.
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The problem with ethereum is that it is held by a lot of ICO projects, and when faith in the market is reduced they will panic sell to ensure they have enough fiat to cover their bills. The price now around $230 is a steal for investors, i think there will be a bounce back soon.
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It depends on the country and payment type. In America the rules are more strict and KYC is usually required. It isn't a bad thing, there are too many scammers prowling these markets, KYC if applied to the project team will help investors weed out the crooks
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Coinbase aren't that bad, they offer a service but the support varies during bull / bear seasons. They give you more credit when the market is down, and prevent withdrawals when the market is up! However, it does work and it's easy to use
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Depends of you want a good long term hodl like with LISK where the project is good and has great long term potential. Or if you want a shitcoin pump and dump trade where you can find lots on Yobit for some fun token trades
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The revolution is going to be a few years away when bitcoin advances in value to the extent that it could actually replace fiat and the US dollar. Then other altcoins will start to be used for various purposes, fiat will decline, and there will be a new world order
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There aren't too many instagram bounties because in crypto there aren't many photos to share. Often the project team shy away from publishing anything more than a profile picture, and some just use an avatar.
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We need something legitimate from Bithumb to kick start the bull run again. Things have started to slide since they blocked trading. Lucky it wasn't binance otherwise the dump would be even bigger than it is now
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The problem is that the price of bitcoin has not yet stabilised, when it starts to go flat then investors will switch to altoins. As bitcoin is going up and down so frequently they are trying to short it and accumulate more.
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It depends if you want quality or quantity. There are many worthless campaigns but it takes a long time to separate the good from the bad. If you have lots of time on you hands, join as many as you can and hope that one will turn to gold
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Determination is the key to success, it is easy to give up when things go pear shaped. You need to either stay strong and find a way to reduce losses / turn it into profit, or to simply forget about it and return during bull season
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Fear is what professional traders are relying on, for those that sell at low prices after buying in at a high price. Pros will do the complete opposite but for them to do it, they need newbies to sell now when the market is down
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In some ways, it is unhealthy because there is no regulatory body to regulate these items and currencies. Most of the time is in a state of laissez faire development.
The problem with regulation is that is is usually set at a national level and crypto is an international currency that has no borders. It would have to discussed cross country lick a nuclear treaty to get everyone on board to set regulations
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Any kind of rebranding should have been done nearer the beginning of the coins creation, now it is too widely used so rebranding would be difficult. Stick with bitcoin, there is already too much confusion with bitcoincash and other variants
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I hope the people of India will get free from the rupee as it is too tightly controlled. I remember reading when they decided to cancel one of the higher denominations it caused problems for those who don't use a bank. Bitcoin will allow people to be their own bank
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The dumbest thing for me is to invest in mobilego which turned into one of the biggest scams ever. They raised $50 million at ico and now the team is splitting up. Lawsuits incoming!
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Don't bother with litecoin, it serves no real purpose and will be dumped when people realise it. Bitcoin is the only choice between these two options, even in a bear market it is the best choice.
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