That is great but there are already many projects and wallets coming up that will provide all the facilities that even paypal does not offer for example crypto to fiat and vice versa, crypto to card and vice versa and crypto to bank and vice versa and that too globally. I think with all these services crypto adoption is just around the corner.
|
|
|
Yeah it was a bit surprising as everyone was complaining about xrp being sluggish and way behind others but suddenly today a pump of more than 25 percent has really made its holders happy, if market continues showing strength i think all coins will pump and grow.
|
|
|
No one knows the exact answer to your question but i think if we look at the track record when btc will settle at a high point or retraces only then we can expects alts to grow as at that point money starts flowing to alts from btc.
|
|
|
Yeah looks like market has broken out of the bears and bulls are in control now and with recent movements it looks like market is ready for a complete parabolic run after maybe some correction or dip which will be great entry for those who were sitting on the fence.
|
|
|
That really is an alarming situation that an institution like binance was hacked again while to be honest i was thinking that market has matured now and especially security wise, looks like we should move towards decentralized exchanges where our funds and private keys are in our control.
|
|
|
As i am not into margin trading so im not much concerned about loosing trades because in the end you can still have btc and eth i mean even if you buy any alt and that end up in loss you can still exchange and get btc so in the end you may have lost some percentage of btc but at the same time you can earn that back from other trades.
|
|
|
For me Eth is the real deal, it is the real decentralized mega network on which many teams are working to improve and upgrade it and i am sure future will bring massive profits to eth holders because eth will get rid of all its issues and come up as the best blockchain network.
|
|
|
I agree with your point and i think taking profit is a good thing but the problem is that most hodlers are long term investors and they do not mind dips they are ready to wait for 3 to 5 years and even more to take life changing profit so i think they do have a valid point as well.
|
|
|
I think he means that all the alts will be under pressure if btc sees a massive or explosive bull run and that is very true we have always seen that whenever btc is on parabolic run its value increases rapidly and on the other hands alts value go down in btc terms.
|
|
|
If you are talking about bounties and specifically signature campaigns then i prefer bitcointalk because almost all signature campaigns update the spreadsheets weekly with stakes so we know our progress and at the end of campaign we see the calculations and amount of tokens earned in a transparent manner while you are kept blind on platforms and they lack transparency with no clue of stakes usually the platform owners steal our tokens, personally i never had good experience with platform bounties and i have tried 2 or 3 different platforms and i was either paid very small or not paid at all.
|
|
|
You are quite right i have also got bored of fake use cases and utilities of new coins and products infact all the new projects with utility coins and tokens have dumped badly and does not seem to recover even to their ico price now on the other hand veil does look a quality project and i hope their team will deliever and it will not become like other inactive type of projects.
|
|
|
I would like to see a simple solution that will happily adopted by people and that can bring revolutionary ease of using cryptos as payment, like each wallet should be the cellphone number of the owner to realize this concept their should be a wallet or an app that after verifying your number alots you the same wallet address as your mobile number this will be a massive compliance step if ever happens for crypto this will make payments as easy as texting from one number to another.
|
|
|
Recent Athero scam has been worst example of exploiting bounty hunters as their campaign lasted for more than 4 months and in the end bounty hunters got nothing, the team kept delaying the bounty token distribution with fake promises and finally disappeared i think such people should be punished and should be put in jail forever.
|
|
|
Before participating in any pooled staking program just analyse the market and see what happened to pooled mining programs then also check what happened to pooled ico investment programs i mean all these pooled investment programs are nothing but greedy investments where the ultimate winner is the pool or website owner because he is playing with others money and has nothing to loose. So i will suggest to be careful with these programs.
|
|
|
Yes it is a bit strange because IEOs does not offer big private or pre sale bonuses like regular icos and most even do not have any airdrop or bounty campaign either so dumping of even such coins makes me wonder why people invested if they are selling in loss i mean even if someone needs urgent money he should alao ask not less than ico value there is no point investing if you end up in loss.
|
|
|
You are right but i will suggest you to not give up on trading rather trade on weekly or monthly basis where you will need to check the price less often and you can make your trades once in a week or month but you should be good at reading charts and candles to do so.
|
|
|
People always try to ride the wave and most people end up in loss only some of them are smart that know when to take profit for example in case of electroneum everyone was holding even the price hot 20 cents which means 20x profit from ico price but majority of the community still kept holding in hope of 1 dollar per etn i myself kept holding and sold later at around 2 cents but the point is smart people sold and took profit when it reacjed 15 to 20 cents price mark.
|
|
|
Ethereum is definitely a sleeping giant and the favorite coin of whales and big investors, Elon Musk has also expressed his hot favorite altcoin by tweeting Ethereum so i assume it is the beginning some big rally or bull trwnd for ethereum which can be very exciting for eth holders.
|
|
|
Unless there is strict rule of law and strict action against the culprits we are going to see fake and low quality projects continuously, this type of environment is encouraging scammers to launch their copy paste project and then exit scam, last year we have seen massive wave of scam icos that is why i suggest their should be a regulated platform for icos and they should not be allowed openly like they are now.
|
|
|
Just read what happened to Minerone, the person behind Pranas was active till couple months ago where he was giving progress reports to investors that in the end proved to be all fake and the business never existed it was all stories and lies. Now the criminal investigation has started against the person and i hope he will be given strict punishment by the authorities for the frau, he has not only defamed himself, his city, his country but also the blockchain and crypto industry. Secondly i hope the authorities will refund the investors and mio token holders with whatever amount that will be recovered from pranas. Last year there were loads of scams and i hope all the people behind these scams will be punished so crypto can move forward positively.
|
|
|
|