As we can see each and every transaction for bitcoin is publicly registered to the blockchain where in all of us have access, so I am just thinking if anonymity or providing privacy will be the next move for bitcoin. Just my thoughts, you can add yours here and let's discuss it.
I think it is the reverse. As bitcoin and cryptocurrency is getting known in the world, you can see that things such as KYCs are also developing. Though I am against this, I really don't know where that information is going to be used. Some say that KYC is used to protect the customer. But I also hope that the blockchain where you can see your transaction can also go private in order to prevent some hackers. |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
I think it's not only the altcoins that control their price or other factors that could affect the price. The whales that keep on manipulating the price is also a factor. But I think altcoins not following bitcoin's price is still possible even now. |
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Which of these coins will be worth investing as ripple is tagged as a centralized currency hence there would be a healthy competition between XLM And ETH ?
If you're an investor and still starting to invest, I think you should go with stellar since it has a lower price. And since it has a lower price, you can buy more, unlike ETH. And when it comes to the capability to grow in the future, both are good but I think Ethereum just got a slight advantage. |
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To be honest, I can also describe bitcoin as something like Gold. And if you're going to base it on price, bitcoin is more relevant than the other minerals you can name. Bitcoin can become a digital gold. But I think bitcoin is more than gold.
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Cryptocurrency is not yet 100% legalized in many countries, but are you psychologically ready to use it every day? Are you ready to get paid in the crypto? In your opinion, when will the dollar era end, and we will be able to fully use the cryptocurrency on a daily basis?
Thanks for the replies.
Of course. I think there is no extensive preparation needed for you to handle bitcoin if you are just going to use it everyday. Getting paid in crypto paying with crypto could also make the market develop. And it doesn't matter if it get banned in other countries because people will find a way to use it. Meaning, the crypto ban in countries like China and Russia is useless. |
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The market continues to disappoint. Should I regret investing in altcoins?
It is fine. I think it should be better if you are going to continue to trust your coins. You haven't took the lost as long as you hold your coins. As long as you hold your coins there is still hope for the price development of your wallet. If you are really handling good coins, that will be really good in the future. |
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Honestly there are more reasons to quit? When I see my rank become a newbie again I feel empty and nothing to do. And in the other side I see the market price falling without changes. But it keeps on falling down. Literally like I am far on achieving my goals. Can someone help me on what strategy I will do to get some merit points and how to do when the market price is low?
Cryptocurrency does not revolved around this site. There is still a lot of opportunities other than doing signature campaigns. Try other campaigns and look for projects outside and you can also invest in cheap altcoins that have the capability to grow in the future. |
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how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
I don't want to think that it is the end for cryptocurrency adn I just keep on hoping that it will be up any time soon. My speculation is this is just a market manipulation by the whales. Cryptocurrency is very profitable so I don't think it will end just like that because it gains a lot of support from people. |
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I know its a silly question looking for what is happening with market and like everybody i still think if even this year will be bad the next one should be better and even then crypto is still young (except bitcoin but what is 10 years). Do you guys still belive in alt and bitcoin? And im asking about technology not only a price couse price is ambivalent if we focus on technology
Yes. I still trust cryptocurrency because we've seen downfalls in the price and we've seen projects that work in a long-term period. |
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Hey there. For example Spectrecoin was valued at around 3300 satoshi with a 24h volume of 5-6 BTC. Now it has around 17 BTC 24h volume and its price is even lower than that. Can someone enlighten me on how this works? Sorry for the dumbness  still learning stuff about crypto and economics The price of bitcoin or any other coins is not just because of the changes in the volume. There are a lot of things that affect the price of bitcoin like support from different banks it could make the price grow. But I think it is mainly affected by the whales because it is manipulated just like said by many. |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
I must assume the decrease in price can not be solved by just hodling our coins or it doesn't have anything to do with our coins. Because hodling our coins is just hodling our coins and waiting for it to increase its price in order for us to get some profit. |
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The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
Could you please state what is the reason why we are not going to need banks anymore? I'm going to assume that real money is going to be replaced by digital cryptocurrency. But let me tell you that those two things work differently. And neither one can replace the other. |
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As for me, I haven't really invested in coins and the only thing that I did right now is to keep on doing bounties to earn money. But what I am feeling right now is even these whales keep on manipulating the price, they're not also earning money just like the investors. It is only going to be your loss if you don't hold your temper and dump your coins.
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Of course it is. For me, it is actually the most important because it is the goal of the project. Without the product, the coin is going to be in the disadvantage and may not grow after its peek.
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Hello dear guest, since I do not really understand cryptocurrencies, but I really want to invest in them, I want to know who prefers what cryptocurrencies and what potential do you see in them?
I suggest you look over for coins like Stratis, waves, and ripple. These three are cheap altcoins and have the capability to grow in the future. It also has a good project development behind it. |
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To be honest, I think this is actually possible because most altcoins aren't really that good. Most of altcoins are shit just like most of the ICOs so I wouldn't be surprised if 90% of them will actually go down.
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I don't know what you're supposed to do with that $1. But I suggest you join bounties first and earn money and your next step is to invest some money on good coins. I can't suggest any coin that is lower than $1 because I am not much into them.
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How do panic selling affects the market and why does it affects the coins value?
It doesn't affect in any ways. Selling coins is just selling coins and doesn't have anything to do with price increase or decrease. It only affects the person who sold the coins whether they earn money or not. |
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BTC at 6000
ETH at 200
LTC at 50
looks like the bottom is close people....
what do you'll think?
I hope that that is the lowest that it can get because I want the coins to go up so bad. I want to dump money right now and get some to buy something or invest in lower priced coins for the future. |
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I am still hoping that it will be green before it reaches December, in order for me to buy something for myself. But I will never lose hope in holding my coins because I trust them so much.
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